Sunstone Development Co Ltd
Sunstone Development Co., Ltd. engages in the research and development, production, and sales of prebaked carbon anodes for the aluminum industry in China and internationally. The company also provides aluminum anode products, battery anode material, and film capacitor series. It is also involved in the import of petroleum coke, as well as export of prebaked anodes. In addition, the company offer… Read more
Sunstone Development Co Ltd - Asset Resilience Ratio
Sunstone Development Co Ltd (603612) has an Asset Resilience Ratio of 1.96% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2023)
This chart shows how Sunstone Development Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Sunstone Development Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥370.69 Million | 1.96% |
| Total Liquid Assets | CN¥370.69 Million | 1.96% |
Asset Resilience Insights
- Limited Liquidity: Sunstone Development Co Ltd maintains only 1.96% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Sunstone Development Co Ltd Industry Peers by Asset Resilience Ratio
Compare Sunstone Development Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Renxin New Material Co. Ltd. A
SHE:301395 |
Chemicals | 0.66% |
|
Engro Corporation Ltd
KAR:ENGRO |
Chemicals | 5.52% |
|
Fatima Fertilizer Company Ltd
KAR:FATIMA |
Chemicals | 5.64% |
|
North Huajin Chemical Industries Co Ltd
SHE:000059 |
Chemicals | -1.48% |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301 |
Chemicals | 0.00% |
|
Zangge Holding Co Ltd
SHE:000408 |
Chemicals | 0.32% |
|
Sichuan Jinlu Group Co Ltd
SHE:000510 |
Chemicals | 0.76% |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545 |
Chemicals | -9.84% |
Annual Asset Resilience Ratio for Sunstone Development Co Ltd (2019–2023)
The table below shows the annual Asset Resilience Ratio data for Sunstone Development Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 2.59% | CN¥444.19 Million | CN¥17.18 Billion | -3.36pp |
| 2019-12-31 | 5.94% | CN¥460.81 Million | CN¥7.76 Billion | -- |