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