Ningbo Changhong Polymer Scientific & Technical Inc

SHG:605008 China Specialty Chemicals

Market Cap

$1.12 Billion

CN¥8.19 Billion CNY

Market Cap Rank

#15316 Global

#4082 in China

Share Price

CN¥12.68

Change (1 day)

-1.63%

52-Week Range

CN¥12.44 - CN¥18.84

All Time High

CN¥24.91

Ningbo Changhong Polymer Scientific & Technical Inc - Asset Resilience Ratio

Latest as of September 2021: 2.87%

Ningbo Changhong Polymer Scientific & Technical Inc (605008) has an Asset Resilience Ratio of 2.87% as of September 2021. 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

CN¥90.00 Million

Cash + Short-term Investments

Total Assets

CN¥3.13 Billion

All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2020–2020)

This chart shows how Ningbo Changhong Polymer Scientific & Technical Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Ningbo Changhong Polymer Scientific & Technical Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥90.00 Million	2.87%
Total Liquid Assets	CN¥90.00 Million	2.87%

Asset Resilience Insights

Limited Liquidity: Ningbo Changhong Polymer Scientific & Technical Inc maintains only 2.87% 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.