Sunstone Development Co Ltd - Asset Resilience Ratio

Latest as of June 2024: 1.96%

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. See working capital position of Sunstone Development Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥370.69 Million
≈ $54.24 Million USD Cash + Short-term Investments

Total Assets

CN¥18.91 Billion
≈ $2.77 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2023)

This chart shows how Sunstone Development Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Sunstone Development Co Ltd.

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. Read Sunstone Development Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.

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
Methanex Corporation
TO:MX
Chemicals 5.85%
Sichuan Em Technology Co Ltd
SHG:601208
Chemicals 0.34%
Tangshan Sunfar Silicon Ind
SHG:603938
Chemicals 11.43%
Solvac S.A.
BR:SOLV
Chemicals 0.00%
Robertet SA
PA:RBT
Chemicals 3.83%
Anhui Hwasu Co.Ltd.
SHG:600935
Chemicals 3.81%
Shanghai Zhongyida Co Ltd A
SHG:600610
Chemicals 1.09%
Shandong Jincheng Pharmaceutical and Chemical Co Ltd
SHE:300233
Chemicals 3.45%

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
≈ $65.00 Million
CN¥17.18 Billion
≈ $2.51 Billion
-3.36pp
2019-12-31 5.94% CN¥460.81 Million
≈ $67.43 Million
CN¥7.76 Billion
≈ $1.14 Billion
--
pp = percentage points

About Sunstone Development Co Ltd

SHG:603612 China Chemicals
Market Cap
$1.21 Billion
CN¥8.29 Billion CNY
Market Cap Rank
#8148 Global
#1896 in China
Share Price
CN¥16.65
Change (1 day)
-0.60%
52-Week Range
CN¥14.69 - CN¥35.58
All Time High
CN¥47.81
About

Sunstone Development Co., Ltd. engages in the research, development, production, and sale of prebaked anodes, lithium battery anode materials, and film capacitors in China and internationally. The company offers anode products for aluminum anode products for aluminum production and electrolysis applications; battery anode materials for lithium-ion battery applications; film capacitor series for h… Read more