Sunstone Development Co Ltd Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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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