Sunstone Development Co Ltd Asset Resilience Ratio

Latest as of June 2024: 1.96%

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 Sunstone Development Co Ltd (603612) defensive interval to measure how many days the company can operate on defensive assets alone.

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 of Sunstone Development Co Ltd (2019–2023)

Asset resilience ratio of Sunstone Development Co Ltd from 2019 to 2023. This chart shows how Sunstone Development Co Ltd's Asset Resilience Ratio has changed over time. Read Sunstone Development Co Ltd (603612) financial obligations for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see Sunstone Development Co Ltd balance sheet assets.

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
Cathay Biotech Inc
SHG:688065
Chemicals 0.00%
Dongyue Group Limited
F:4D3
Chemicals 1.59%
Shandong Shida Shenghua Chem
SHG:603026
Chemicals 0.04%
Yuanli Chemical Group Co Ltd
SHG:603217
Chemicals 3.94%
Nanjing Chemical Fibre Co Ltd
SHG:600889
Chemicals 5.71%
Yunnan Yunwei Co Ltd Class A
SHG:600725
Chemicals 5.66%
Jiangxi Chen Guang New Materials Co Ltd
SHG:605399
Chemicals 3.36%
Shaanxi Xinghua Chemistry Co Ltd
SHE:002109
Chemicals 0.00%

Sunstone Development Co Ltd Asset Resilience Ratio by Year (2019–2023)

Sunstone Development Co Ltd asset resilience ratio by year from 2019 to 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
$1.23 Billion
CN¥8.44 Billion CNY
Market Cap Rank
#7745 Global
#1690 in China
Share Price
CN¥16.94
Change (1 day)
-1.51%
52-Week Range
CN¥14.44 - 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