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

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. See Sunstone Development Co Ltd shareholders equity for net asset value and shareholders' equity analysis.

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 market capitalisation and broader financial context, see 603612 company net worth.

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
FSPG Hi-Tech Co Ltd
SHE:000973
Chemicals 8.29%
Methanex Corporation
TO:MX
Chemicals 5.50%
Xinfengming Group Co Ltd
SHG:603225
Chemicals 0.00%
Kemira Oyj
HE:KEMIRA
Chemicals 7.73%
CNNC Hua Yuan Titanium Dioxide Co Ltd
SHE:002145
Chemicals 0.26%
Lihuayi Weiyuan Chemical Co Ltd
SHG:600955
Chemicals 0.78%
Jiangxi Hungpai New Material Co Ltd
SHG:605366
Chemicals 6.26%
Guizhou Redstar Developing Co Ltd
SHG:600367
Chemicals 0.71%

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
$1.85 Billion
CN¥12.66 Billion CNY
Market Cap Rank
#6595 Global
#1514 in China
Share Price
CN¥25.41
Change (1 day)
+2.01%
52-Week Range
CN¥16.16 - CN¥35.58
All Time High
CN¥47.81
About

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