Xinjiang East Universe Group Gas Co Ltd - Asset Resilience Ratio
Xinjiang East Universe Group Gas Co Ltd (603706) has an Asset Resilience Ratio of 30.88% as of September 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. See how liquid is Xinjiang East Universe Group Gas Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2024)
This chart shows how Xinjiang East Universe Group Gas Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Xinjiang East Universe Group Gas Co Ltd assets under control.
Liquid Assets Composition Over Time
This chart breaks down Xinjiang East Universe Group Gas Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read 603706 total debt and obligations for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥799.62 Million | 30.88% |
| Total Liquid Assets | CN¥799.62 Million | 30.88% |
Asset Resilience Insights
- Very High Liquidity: Xinjiang East Universe Group Gas Co Ltd maintains exceptional liquid asset reserves at 30.88% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Xinjiang East Universe Group Gas Co Ltd Industry Peers by Asset Resilience Ratio
Compare Xinjiang East Universe Group Gas Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Uniper SE
XETRA:UN0 |
Utilities - Regulated Gas | 3.65% |
|
Bestsun Energy Co Ltd
SHG:600681 |
Utilities - Regulated Gas | 0.42% |
|
Distribuidora de Gas Cuyana SA
BA:DGCU2 |
Utilities - Regulated Gas | 3.29% |
|
Equus Energy Ltd
AU:EQU |
Utilities - Regulated Gas | 95.68% |
|
GREENHY2 Ltd
AU:H2G |
Utilities - Regulated Gas | 0.29% |
|
Metrogas SA
BA:METR |
Utilities - Regulated Gas | 0.18% |
|
Naturgy BAN SA
BA:GBAN |
Utilities - Regulated Gas | 6.33% |
|
Camuzzi Gas Pampeana SA
BA:CGPA2 |
Utilities - Regulated Gas | 2.84% |
Annual Asset Resilience Ratio for Xinjiang East Universe Group Gas Co Ltd (2019–2024)
The table below shows the annual Asset Resilience Ratio data for Xinjiang East Universe Group Gas Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 22.00% | CN¥641.91 Million ≈ $93.93 Million |
CN¥2.92 Billion ≈ $427.04 Million |
+4.42pp |
| 2023-12-31 | 17.58% | CN¥513.52 Million ≈ $75.14 Million |
CN¥2.92 Billion ≈ $427.50 Million |
+2.30pp |
| 2022-12-31 | 15.28% | CN¥406.55 Million ≈ $59.49 Million |
CN¥2.66 Billion ≈ $389.41 Million |
-6.03pp |
| 2021-12-31 | 21.31% | CN¥549.12 Million ≈ $80.35 Million |
CN¥2.58 Billion ≈ $377.04 Million |
+12.51pp |
| 2020-12-31 | 8.80% | CN¥233.90 Million ≈ $34.23 Million |
CN¥2.66 Billion ≈ $389.07 Million |
-3.50pp |
| 2019-12-31 | 12.29% | CN¥174.15 Million ≈ $25.48 Million |
CN¥1.42 Billion ≈ $207.31 Million |
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About Xinjiang East Universe Group Gas Co Ltd
Xinjiang East Universe Gas Co.Ltd. engages in the natural gas sales, natural gas facility equipment installation, and natural gas heating businesses. It also provides refrigeration and air conditioning services. The company was founded in 2001 and is based in Changji, the People's Republic of China