Zhejiang Xinhua Chemical Co Ltd Asset Resilience Ratio
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 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Zhejiang Xinhua Chemical Co Ltd (2019–2022)
Asset resilience ratio of Zhejiang Xinhua Chemical Co Ltd from 2019 to 2022. This chart shows how Zhejiang Xinhua Chemical Co Ltd's Asset Resilience Ratio has changed over time. Read Zhejiang Xinhua Chemical Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Zhejiang Xinhua Chemical Co Ltd asset portfolio.
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 |
|---|---|---|
|
Solvac S.A.
BR:SOLV |
Chemicals | 0.00% |
|
Zangge Holding Co Ltd
SHE:000408 |
Chemicals | 2.30% |
|
Jiangxi Ganfeng Lithium Co Ltd
SHE:002460 |
Chemicals | 0.01% |
|
Zhejiang Sanmei Chemical Industry Co Ltd
SHG:603379 |
Chemicals | 9.41% |
|
FSPG Hi-Tech Co Ltd
SHE:000973 |
Chemicals | 8.29% |
|
North Chemical Industries Co Ltd
SHE:002246 |
Chemicals | 5.14% |
|
Robertet SA
PA:RBT |
Chemicals | 3.83% |
|
Shanghai Pret Composites
SHE:002324 |
Chemicals | 0.27% |
Zhejiang Xinhua Chemical Co Ltd Asset Resilience Ratio by Year (2019–2022)
Zhejiang Xinhua Chemical Co Ltd asset resilience ratio by year from 2019 to 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