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 financial flexibility index of Ningbo Changhong Polymer Scientific & Te to measure the company's free cash flow as a share of total liabilities.
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 debt-free asset ratio of Ningbo Changhong Polymer Scientific & Te to measure how much of total assets are equity-financed.
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 |
|---|---|---|
|
Peric Special Gases Co. Ltd. A
SHG:688146 |
Specialty Chemicals | 5.10% |
|
Hengyi Petrochemical Co Ltd
SHE:000703 |
Specialty Chemicals | 0.17% |
|
Suzhou Crystal Clear Chemical Co Ltd
SHE:300655 |
Specialty Chemicals | 18.02% |
|
Jiangsu Cnano Technology Co Ltd
SHG:688116 |
Specialty Chemicals | 19.97% |
|
Qingdao Gon Technology Co Ltd
SHE:002768 |
Specialty Chemicals | 0.01% |
|
5N Plus Inc.
TO:VNP |
Specialty Chemicals | 12.56% |
|
Suzhou Shihua New Material Technology Co Ltd
SHG:688093 |
Specialty Chemicals | 25.17% |
|
Shanghai Yongguan Adhesive Products Corp Ltd
SHG:603681 |
Specialty Chemicals | 1.47% |
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.