Ningbo Changhong Polymer Scientific & Technical Inc Asset Resilience Ratio

Latest as of September 2021: 2.87%

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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥90.00 Million

≈ $13.17 Million USD Cash + Short-term Investments

Total Assets

CN¥3.13 Billion

≈ $458.32 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio of Ningbo Changhong Polymer Scientific & Technical Inc (2020–2020)

Asset resilience ratio of Ningbo Changhong Polymer Scientific & Technical Inc from 2020 to 2020. This chart shows how Ningbo Changhong Polymer Scientific & Technical Inc's Asset Resilience Ratio has changed over time. Read Ningbo Changhong Polymer Scientific & Te (605008) financial obligations for a breakdown of total debt and financial obligations.

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 the complete balance sheet picture, see 605008 total assets.

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%
Zhejiang Satellite Petrochemical Co Ltd SHE:002648	Specialty Chemicals	0.27%
Huaibei Mining Holdings Co Ltd SHG:600985	Specialty Chemicals	2.33%
China Hainan Rubber Industry Group Co Ltd SHG:601118	Specialty Chemicals	0.09%
Azelis Group NV BR:AZE	Specialty Chemicals	0.00%
MeiHua Holdings Group Co Ltd SHG:600873	Specialty Chemicals	7.60%
Yibin Tianyuan Group Co Ltd SHE:002386	Specialty Chemicals	0.00%
Wankai New Materials Co. Ltd. SHE:301216	Specialty Chemicals	1.35%

Ningbo Changhong Polymer Scientific & Technical Inc Asset Resilience Ratio by Year (2020–2020)

Ningbo Changhong Polymer Scientific & Technical Inc asset resilience ratio by year from 2020 to 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	--

pp = percentage points

About Ningbo Changhong Polymer Scientific & Technical Inc

SHG:605008 China Specialty Chemicals

Market Cap

$1.01 Billion

CN¥6.92 Billion CNY

Market Cap Rank

#8532 Global

#1983 in China

Share Price

CN¥10.72

Change (1 day)

-0.37%

52-Week Range

CN¥10.10 - CN¥17.72

All Time High

CN¥24.91