Ningbo Changhong Polymer Scientific & Technical Inc - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2020)
This chart shows how Ningbo Changhong Polymer Scientific & Technical Inc's Asset Resilience Ratio has changed over time. See how financially flexible is Ningbo Changhong Polymer Scientific & Te to measure the company's free cash flow as a share of total liabilities.
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. For market capitalisation and broader financial context, see how much is Ningbo Changhong Polymer Scientific & Te worth.
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.
Ningbo Changhong Polymer Scientific & Technical Inc Industry Peers by Asset Resilience Ratio
Compare Ningbo Changhong Polymer Scientific & Technical Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
NOVOZYMES A/S SPONS.ADR 1
F:NZM |
Specialty Chemicals | 0.01% |
|
Hengyi Petrochemical Co Ltd
SHE:000703 |
Specialty Chemicals | 0.17% |
|
China Minmetals Rare Earth Co Ltd
SHE:000831 |
Specialty Chemicals | 0.91% |
|
BRENNTAG SE UNSP.ADR/020
F:BNRA |
Specialty Chemicals | 0.11% |
|
Evonik Industries AG
F:EVK |
Specialty Chemicals | 0.71% |
|
Huaibei Mining Holdings Co Ltd
SHG:600985 |
Specialty Chemicals | 2.33% |
|
Noroo Holdings Co Ltd
KO:000325 |
Specialty Chemicals | 7.13% |
|
Lily Group Co Ltd
SHG:603823 |
Specialty Chemicals | 0.37% |
Annual Asset Resilience Ratio for Ningbo Changhong Polymer Scientific & Technical Inc (2020–2020)
The table below shows the annual Asset Resilience Ratio data for Ningbo Changhong Polymer Scientific & Technical Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 8.77% | CN¥200.00 Million ≈ $29.27 Million |
CN¥2.28 Billion ≈ $333.87 Million |
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About Ningbo Changhong Polymer Scientific & Technical Inc
Ningbo Changhong Polymer Scientific and Technical Inc. engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China. It offers Styrene-butadiene-styrene, styrene-ethylene-butylene-styrene, styrene-isoprene-styrene, and styrene-ethylene-propylene-styrene used in rubber products. The company was founded in 2012 and is based in Ningbo, China.