Zhejiang Xinhua Chemical Co Ltd - Asset Resilience Ratio
Zhejiang Xinhua Chemical Co Ltd (603867) has an Asset Resilience Ratio of 6.40% as of December 2022. 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 Zhejiang Xinhua Chemical Co Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2022)
This chart shows how Zhejiang Xinhua Chemical Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Zhejiang Xinhua Chemical Co Ltd (603867) total assets.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Xinhua Chemical Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Zhejiang Xinhua Chemical Co Ltd balance sheet liabilities 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¥239.00 Million | 6.4% |
| Total Liquid Assets | CN¥239.00 Million | 6.40% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Xinhua Chemical Co Ltd maintains only 6.40% 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.
Zhejiang Xinhua Chemical Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Xinhua Chemical Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Methanex Corporation
TO:MX |
Chemicals | 5.85% |
|
Sichuan Em Technology Co Ltd
SHG:601208 |
Chemicals | 0.34% |
|
Tangshan Sunfar Silicon Ind
SHG:603938 |
Chemicals | 11.43% |
|
Solvac S.A.
BR:SOLV |
Chemicals | 0.00% |
|
Robertet SA
PA:RBT |
Chemicals | 3.83% |
|
Anhui Hwasu Co.Ltd.
SHG:600935 |
Chemicals | 3.81% |
|
Shanghai Zhongyida Co Ltd A
SHG:600610 |
Chemicals | 1.09% |
|
Shandong Jincheng Pharmaceutical and Chemical Co Ltd
SHE:300233 |
Chemicals | 3.45% |
Annual Asset Resilience Ratio for Zhejiang Xinhua Chemical Co Ltd (2019–2022)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Xinhua Chemical Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 6.40% | CN¥239.00 Million ≈ $34.97 Million |
CN¥3.73 Billion ≈ $546.22 Million |
-0.53pp |
| 2021-12-31 | 6.93% | CN¥195.00 Million ≈ $28.53 Million |
CN¥2.81 Billion ≈ $411.66 Million |
-10.52pp |
| 2020-12-31 | 17.45% | CN¥443.00 Million ≈ $64.82 Million |
CN¥2.54 Billion ≈ $371.47 Million |
+11.05pp |
| 2019-12-31 | 6.40% | CN¥140.50 Million ≈ $20.56 Million |
CN¥2.20 Billion ≈ $321.27 Million |
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About Zhejiang Xinhua Chemical Co Ltd
Zhejiang Xinhua Chemical Co.,Ltd manufactures and trades in various chemicals and chemical raw material in China and internationally. It offers fatty amines, organic solvents, flavors, hydrogen peroxide organic amine series, inorganic chemicals, and custom chemicals. The company also offers aroma chemicals, such as turpentine oil derivatives, sandal series, ester series, and others flame retardan… Read more