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. Check 603867 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
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 net asset quality index of Zhejiang Xinhua Chemical Co Ltd to measure how much of total assets are equity-financed.
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 |
|---|---|---|
|
Levima Advanced Materials Corp
SHE:003022 |
Chemicals | 0.13% |
|
Xinfengming Group Co Ltd
SHG:603225 |
Chemicals | 0.00% |
|
Methanex Corporation
TO:MX |
Chemicals | 5.85% |
|
Youngy Co Ltd
SHE:002192 |
Chemicals | 21.18% |
|
Suzhou Nanomicro Technology Co Ltd
SHG:688690 |
Chemicals | 4.37% |
|
Hunan Boyun New Materials Co Ltd
SHE:002297 |
Chemicals | 1.91% |
|
Hubei Heyuan Gas Co Ltd
SHE:002971 |
Chemicals | -2.44% |
|
Sinofibers Technology Co Ltd
SHE:300777 |
Chemicals | 21.94% |
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