Red Avenue New Materials Group Co Ltd - Asset Resilience Ratio

Latest as of December 2023: 1.96%

Red Avenue New Materials Group Co Ltd (603650) has an Asset Resilience Ratio of 1.96% as of December 2023. 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 603650 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥143.74 Million

≈ $21.03 Million USD Cash + Short-term Investments

Total Assets

CN¥7.33 Billion

≈ $1.07 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2014–2023)

This chart shows how Red Avenue New Materials Group Co Ltd's Asset Resilience Ratio has changed over time. See 603650 equity to assets ratio to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Red Avenue New Materials Group 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 Red Avenue New Materials Group Co Ltd stock valuation.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥143.74 Million	1.96%
Total Liquid Assets	CN¥143.74 Million	1.96%

Asset Resilience Insights

Limited Liquidity: Red Avenue New Materials Group 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.

Red Avenue New Materials Group Co Ltd Industry Peers by Asset Resilience Ratio

Compare Red Avenue New Materials Group Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Akzo Nobel NV AS:AKZA	Specialty Chemicals	2.16%
Peric Special Gases Co. Ltd. A SHG:688146	Specialty Chemicals	5.10%
Hengyi Petrochemical Co Ltd SHE:000703	Specialty Chemicals	0.17%
Cngr Advanced Material Co Ltd SHE:300919	Specialty Chemicals	0.52%
Ningbo Shanshan Co Ltd SHG:600884	Specialty Chemicals	0.00%
Guangzhou Sanfu New Materials Technology Co. Ltd. A SHG:688359	Specialty Chemicals	2.57%
Longkou Union Chemical Co. Ltd. A SHE:301209	Specialty Chemicals	10.57%
Ningbo Changhong Polymer Scientific & Technical Inc SHG:605008	Specialty Chemicals	2.87%

Annual Asset Resilience Ratio for Red Avenue New Materials Group Co Ltd (2014–2023)

The table below shows the annual Asset Resilience Ratio data for Red Avenue New Materials Group Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	1.96%	CN¥143.74 Million ≈ $21.03 Million	CN¥7.33 Billion ≈ $1.07 Billion	+0.66pp
2022-12-31	1.30%	CN¥88.87 Million ≈ $13.01 Million	CN¥6.86 Billion ≈ $1.00 Billion	-3.69pp
2021-12-31	4.99%	CN¥298.19 Million ≈ $43.64 Million	CN¥5.98 Billion ≈ $875.32 Million	+2.47pp
2020-12-31	2.51%	CN¥115.14 Million ≈ $16.85 Million	CN¥4.58 Billion ≈ $670.74 Million	-0.32pp
2019-12-31	2.83%	CN¥115.80 Million ≈ $16.95 Million	CN¥4.09 Billion ≈ $598.97 Million	+2.79pp
2014-12-31	0.04%	CN¥528.18K ≈ $77.29K	CN¥1.37 Billion ≈ $200.40 Million	--

pp = percentage points

About Red Avenue New Materials Group Co Ltd

SHG:603650 China Specialty Chemicals

Market Cap

$6.24 Billion

CN¥42.61 Billion CNY

Market Cap Rank

#3153 Global

#442 in China

Share Price

CN¥69.16

Change (1 day)

+4.82%

52-Week Range

CN¥31.37 - CN¥69.16

All Time High

CN¥76.51