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. Read Ningbo Changhong Polymer Scientific & Te debt and liabilities for a breakdown of total debt and financial obligations.
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 Ningbo Changhong Polymer Scientific & Te book value and equity for net asset value and shareholders' equity analysis.
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 Ningbo Changhong Polymer Scientific & Te market capitalisation.
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 |
|---|---|---|
|
Akzo Nobel NV
AS:AKZA |
Specialty Chemicals | 2.16% |
|
Luxi Chemical Group Co Ltd
SHE:000830 |
Specialty Chemicals | 0.43% |
|
Dyno Nobel Ltd
AU:DNL |
Specialty Chemicals | 13.89% |
|
Lianhe Chemical Technology Co Ltd
SHE:002250 |
Specialty Chemicals | 0.44% |
|
Sichuan Tianqi Lithium Industries Inc
SHE:002466 |
Specialty Chemicals | 2.06% |
|
Jiangsu Yida Chemical Co Ltd Class A
SHE:300721 |
Specialty Chemicals | 4.73% |
|
Asia Cuanon Tech (Shanghai)
SHG:603378 |
Specialty Chemicals | 0.02% |
|
Xiamen Yanjan New Material Co Ltd
SHE:300658 |
Specialty Chemicals | 1.45% |
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.