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. See Ningbo Changhong Polymer Scientific & Te working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see Ningbo Changhong Polymer Scientific & Te (605008) total assets.
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. Read total liabilities of Ningbo Changhong Polymer Scientific & Te for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Grace Fabric Technology Co Ltd
SHG:603256 |
Specialty Chemicals | 1.23% |
|
China Minmetals Rare Earth Co Ltd
SHE:000831 |
Specialty Chemicals | 0.91% |
|
Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408 |
Specialty Chemicals | 0.07% |
|
Shandong Dawn Polymer Co Ltd
SHE:002838 |
Specialty Chemicals | 0.00% |
|
Ningxia Xinri Hengli Steel Wire Rope Co Ltd
SHG:600165 |
Specialty Chemicals | 3.82% |
|
Xiamen Yanjan New Material Co Ltd
SHE:300658 |
Specialty Chemicals | 5.55% |
|
Guangdong Delian Group Co Ltd
SHE:002666 |
Specialty Chemicals | 2.71% |
|
Ningbo Color Master Batch Co. Ltd.
SHE:301019 |
Specialty Chemicals | 15.04% |
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 |
-- |
About Ningbo Changhong Polymer Scientific & Technical Inc
Ningbo Changhong Polymer Scientific and Technical Inc., together with its subsidiaries, engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China and internationally. The company offers styrene-butadiene-styrene (SBS) block copolymers for polymer modifiers, adhesives, asphalt modifiers, and rubber products; styrene-ethylene-butylene-styrene (SEB… Read more