Zhongman Petro & Natural Gas - Asset Resilience Ratio
Zhongman Petro & Natural Gas (603619) has an Asset Resilience Ratio of 0.20% as of March 2021. 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. Check asset allocation strategy of Zhongman Petro & Natural Gas to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2020)
This chart shows how Zhongman Petro & Natural Gas's Asset Resilience Ratio has changed over time. See net asset quality index of Zhongman Petro & Natural Gas to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Zhongman Petro & Natural Gas'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 Zhongman Petro & Natural Gas (603619) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥10.19 Million | 0.2% |
| Total Liquid Assets | CN¥10.19 Million | 0.20% |
Asset Resilience Insights
- Limited Liquidity: Zhongman Petro & Natural Gas maintains only 0.20% 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.
Zhongman Petro & Natural Gas Industry Peers by Asset Resilience Ratio
Compare Zhongman Petro & Natural Gas's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Cenovus Energy Inc
TO:CVE |
Oil & Gas Integrated | 4.32% |
|
Oil & Natural Gas Corporation Limited
NSE:ONGC |
Oil & Gas Integrated | 0.39% |
|
Ecopetrol S.A
F:ECHA |
Oil & Gas Integrated | 1.15% |
|
YPF S.A. D
BA:YPFD |
Oil & Gas Integrated | 0.73% |
|
Transportadora de Gas del Sur SA B
BA:TGSU2 |
Oil & Gas Integrated | 24.66% |
|
OMV Aktiengesellschaft
VI:OMV |
Oil & Gas Integrated | 3.98% |
|
Petróleo Brasileiro S.A. - Petrobras
SA:PETR3 |
Oil & Gas Integrated | 2.28% |
|
Suncor Energy Inc
TO:SU |
Oil & Gas Integrated | 4.06% |
Annual Asset Resilience Ratio for Zhongman Petro & Natural Gas (2019–2020)
The table below shows the annual Asset Resilience Ratio data for Zhongman Petro & Natural Gas.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 0.20% | CN¥10.13 Million ≈ $1.48 Million |
CN¥5.04 Billion ≈ $738.24 Million |
+0.02pp |
| 2019-12-31 | 0.18% | CN¥10.00 Million ≈ $1.46 Million |
CN¥5.43 Billion ≈ $793.88 Million |
-- |
About Zhongman Petro & Natural Gas
Zhongman Petroleum and Natural Gas Group Corp.,Ltd., an oil and gas company, engages in the drilling and completion engineering services, and petroleum equipment manufacturing businesses in China and internationally. The company explores for, develops, and produces oil and gas deposits. It also offers drilling and completion services, including integrated drilling engineering, equipment managemen… Read more