Tunghsu Azure Renewable Energy Co Ltd

SHE:000040 China Utilities - Renewable
Market Cap
$99.30 Million
CN¥728.57 Million CNY
Market Cap Rank
#20507 Global
#4640 in China
Share Price
CN¥0.49
Change (1 day)
+0.00%
52-Week Range
CN¥0.49 - CN¥0.74
All Time High
CN¥18.34
About

Tunghsu Azure Renewable Energy Co.,Ltd. engages in new energy business in China and internationally. It operates solar photovoltaic and wind power plants; and provides smart energy services, as well as offers ecological management, water environment restoration and operation, soil restoration, and other businesses. The company was formerly known as Baoan Hongji Real Estate Group Co., Ltd. and cha… Read more

Tunghsu Azure Renewable Energy Co Ltd - Asset Resilience Ratio

Latest as of December 2018: 0.23%

Tunghsu Azure Renewable Energy Co Ltd (000040) has an Asset Resilience Ratio of 0.23% as of December 2018. 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¥80.00 Million
Cash + Short-term Investments
Total Assets
CN¥34.42 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2000–2018)

This chart shows how Tunghsu Azure Renewable Energy 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 Tunghsu Azure Renewable Energy 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¥80.00 Million 0.23%
Total Liquid Assets CN¥80.00 Million 0.23%

Asset Resilience Insights

  • Limited Liquidity: Tunghsu Azure Renewable Energy Co Ltd maintains only 0.23% 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.

Tunghsu Azure Renewable Energy Co Ltd Industry Peers by Asset Resilience Ratio

Compare Tunghsu Azure Renewable Energy Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Tianjin Guangyu Development Co Ltd
SHE:000537
Utilities - Renewable 0.03%
CECEP Solar Energy Co Ltd
SHE:000591
Utilities - Renewable 0.19%
GEPIC Energy Development Co Ltd
SHE:000791
Utilities - Renewable 0.00%
Tieling Newcity Investment Holding Ltd
SHE:000809
Utilities - Renewable 17.22%
Hubei Energy Group Co Ltd
SHE:000883
Utilities - Renewable 0.07%
Fujian MinDong Electric Power Co Ltd
SHE:000993
Utilities - Renewable 3.80%
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
Utilities - Renewable 0.43%
Shenzhen Feima International Supply Chain Co Ltd
SHE:002210
Utilities - Renewable 0.15%

Annual Asset Resilience Ratio for Tunghsu Azure Renewable Energy Co Ltd (2000–2018)

The table below shows the annual Asset Resilience Ratio data for Tunghsu Azure Renewable Energy Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 0.23% CN¥80.00 Million CN¥34.42 Billion +0.16pp
2006-12-31 0.07% CN¥1.70 Million CN¥2.29 Billion +0.00pp
2005-12-31 0.07% CN¥1.50 Million CN¥2.15 Billion -0.11pp
2004-12-31 0.18% CN¥3.73 Million CN¥2.03 Billion +0.07pp
2003-12-31 0.12% CN¥2.93 Million CN¥2.48 Billion -0.06pp
2002-12-31 0.18% CN¥4.03 Million CN¥2.28 Billion -0.28pp
2001-12-31 0.46% CN¥9.12 Million CN¥2.00 Billion -0.03pp
2000-12-31 0.49% CN¥11.50 Million CN¥2.37 Billion --
pp = percentage points