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. Read debt load of Zhejiang Xinhua Chemical Co Ltd for a breakdown of total debt and financial obligations.
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. See Zhejiang Xinhua Chemical Co Ltd book value and equity for net asset value and shareholders' equity analysis.
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. For market capitalisation and broader financial context, see Zhejiang Xinhua Chemical Co Ltd market cap and net worth.
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 |
|---|---|---|
|
Sichuan Development Lomon Co Ltd
SHE:002312 |
Chemicals | 2.22% |
|
Anhui Wanwei Updated High-tech Material Industry Co Ltd
SHG:600063 |
Chemicals | 0.25% |
|
North Chemical Industries Co Ltd
SHE:002246 |
Chemicals | 5.14% |
|
Nanjing Cosmos Chemical Co Ltd
SHE:300856 |
Chemicals | 11.08% |
|
Anhui Hwasu Co.Ltd.
SHG:600935 |
Chemicals | 3.81% |
|
Sichuan Jinlu Group Co Ltd
SHE:000510 |
Chemicals | 0.76% |
|
Shandong Yanggu Huatai Chemical Co Ltd
SHE:300121 |
Chemicals | 3.06% |
|
Xilong Chemical Co Ltd
SHE:002584 |
Chemicals | 0.02% |
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