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.
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. Check Zhejiang Xinhua Chemical Co Ltd (603867) strategic investment index to assess the company's strategic physical and investment asset allocation.
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 603867 market cap.
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 |
|---|---|---|
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301 |
Chemicals | 0.09% |
|
Shandong Hualu Hengsheng Chemical Co Ltd
SHG:600426 |
Chemicals | 0.10% |
|
Jinan Shengquan Group Share Holding Co Ltd
SHG:605589 |
Chemicals | 0.07% |
|
Zhejiang Yongtai Technology Co Ltd
SHE:002326 |
Chemicals | 0.00% |
|
Youngy Co Ltd
SHE:002192 |
Chemicals | 21.18% |
|
KOYJ Co. Ltd
KQ:121850 |
Chemicals | 20.13% |
|
Shenzhen Dynanonic Co Ltd
SHE:300769 |
Chemicals | 0.00% |
|
Jiangsu Zhengdan Chemical Industry Co Ltd
SHE:300641 |
Chemicals | 44.63% |
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