Xinjiang Hongtong Natural Gas Co. Ltd.

SHG:605169 China Utilities - Regulated Gas
Market Cap
$511.61 Million
CN¥3.75 Billion CNY
Market Cap Rank
#17277 Global
#4507 in China
Share Price
CN¥13.27
Change (1 day)
-2.57%
52-Week Range
CN¥8.94 - CN¥19.77
All Time High
CN¥19.77
About

Xinjiang Hongtong Natural Gas Co., Ltd. engages in the production, processing, storage, transportation, and sales of liquefied natural gas and compressed natural gas in China. The company is also involved in the investment, construction, and operation of gas stations and gas pipeline networks; sale of natural gas for residential, commercial, and industrial use; and provision of industrial gas tra… Read more

Xinjiang Hongtong Natural Gas Co. Ltd. - Asset Resilience Ratio

Latest as of September 2020: 0.91%

Xinjiang Hongtong Natural Gas Co. Ltd. (605169) has an Asset Resilience Ratio of 0.91% as of September 2020. 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
CN¥10.01 Million
Cash + Short-term Investments
Total Assets
CN¥1.10 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Xinjiang Hongtong Natural Gas Co. Ltd.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Xinjiang Hongtong Natural Gas Co. Ltd.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥10.01 Million 0.91%
Total Liquid Assets CN¥10.01 Million 0.91%

Asset Resilience Insights

  • Limited Liquidity: Xinjiang Hongtong Natural Gas Co. Ltd. maintains only 0.91% 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.

Xinjiang Hongtong Natural Gas Co. Ltd. Industry Peers by Asset Resilience Ratio

Compare Xinjiang Hongtong Natural Gas Co. Ltd.'s asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Delong Composite Energy Group Co Ltd
SHE:000593
Utilities - Regulated Gas -4.82%
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
Utilities - Regulated Gas 19.43%
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
Utilities - Regulated Gas 50.66%
Foran Energy Group Co Ltd
SHE:002911
Utilities - Regulated Gas 0.96%
Samchully
KO:004690
Utilities - Regulated Gas 16.53%
Taekyung Chem
KO:006890
Utilities - Regulated Gas 5.47%
Kyungdong Gas
KO:012320
Utilities - Regulated Gas 12.34%
Yesco Holdings Co. Ltd
KO:015360
Utilities - Regulated Gas 3.57%

Annual Asset Resilience Ratio for Xinjiang Hongtong Natural Gas Co. Ltd. (None–None)

The table below shows the annual Asset Resilience Ratio data for Xinjiang Hongtong Natural Gas Co. Ltd..

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points