Shanghai Smith Adhesive New - Asset Resilience Ratio

Latest as of March 2025: 0.30%

Shanghai Smith Adhesive New (603683) has an Asset Resilience Ratio of 0.30% as of March 2025. 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 Shanghai Smith Adhesive New (603683) strategic investment index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥8.06 Million

≈ $1.18 Million USD Cash + Short-term Investments

Total Assets

CN¥2.67 Billion

≈ $390.81 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2013–2024)

This chart shows how Shanghai Smith Adhesive New's Asset Resilience Ratio has changed over time. See how leveraged is Shanghai Smith Adhesive New's balance sheet to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Shanghai Smith Adhesive New'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 how much is Shanghai Smith Adhesive New worth.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥8.06 Million	0.3%
Total Liquid Assets	CN¥8.06 Million	0.30%

Asset Resilience Insights

Limited Liquidity: Shanghai Smith Adhesive New maintains only 0.30% 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.

Shanghai Smith Adhesive New Industry Peers by Asset Resilience Ratio

Compare Shanghai Smith Adhesive New's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Peric Special Gases Co. Ltd. A SHG:688146	Specialty Chemicals	5.10%
Hengyi Petrochemical Co Ltd SHE:000703	Specialty Chemicals	0.17%
Suzhou Crystal Clear Chemical Co Ltd SHE:300655	Specialty Chemicals	18.02%
Jiangsu Cnano Technology Co Ltd SHG:688116	Specialty Chemicals	19.97%
Qingdao Gon Technology Co Ltd SHE:002768	Specialty Chemicals	0.01%
5N Plus Inc. TO:VNP	Specialty Chemicals	12.56%
Suzhou Shihua New Material Technology Co Ltd SHG:688093	Specialty Chemicals	25.17%
Shanghai Yongguan Adhesive Products Corp Ltd SHG:603681	Specialty Chemicals	1.47%

Annual Asset Resilience Ratio for Shanghai Smith Adhesive New (2013–2024)

The table below shows the annual Asset Resilience Ratio data for Shanghai Smith Adhesive New.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2024-12-31	1.49%	CN¥38.17 Million ≈ $5.58 Million	CN¥2.56 Billion ≈ $374.49 Million	-2.97pp
2023-12-31	4.47%	CN¥95.00 Million ≈ $13.90 Million	CN¥2.13 Billion ≈ $311.25 Million	-0.39pp
2022-12-31	4.86%	CN¥89.38 Million ≈ $13.08 Million	CN¥1.84 Billion ≈ $269.28 Million	+1.99pp
2021-12-31	2.86%	CN¥50.41 Million ≈ $7.38 Million	CN¥1.76 Billion ≈ $257.65 Million	+2.18pp
2019-12-31	0.69%	CN¥10.37 Million ≈ $1.52 Million	CN¥1.51 Billion ≈ $221.24 Million	-6.20pp
2017-12-31	6.89%	CN¥80.00 Million ≈ $11.71 Million	CN¥1.16 Billion ≈ $169.94 Million	-1.34pp
2014-12-31	8.23%	CN¥40.49 Million ≈ $5.92 Million	CN¥491.89 Million ≈ $71.98 Million	+4.81pp
2013-12-31	3.42%	CN¥15.00 Million ≈ $2.19 Million	CN¥438.10 Million ≈ $64.11 Million	--

pp = percentage points

About Shanghai Smith Adhesive New

SHG:603683 China Specialty Chemicals

Market Cap

$1.40 Billion

CN¥9.55 Billion CNY

Market Cap Rank

#7656 Global

#1789 in China

Share Price

CN¥32.80

Change (1 day)

+2.95%

52-Week Range

CN¥14.15 - CN¥36.39

All Time High

CN¥36.39