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. Check Tunghsu Azure Renewable Energy Co Ltd (000040) strategic asset index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥80.00 Million
≈ $11.71 Million USD Cash + Short-term Investments

Total Assets

CN¥34.42 Billion
≈ $5.04 Billion USD 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. See debt-free asset ratio of Tunghsu Azure Renewable Energy Co Ltd to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see 000040 market cap overview.

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
China Three Gorges New Energy Group Co Ltd
SHG:600905
Utilities - Renewable 0.00%
Huaneng Lancang River Hydropower Inc Class A
SHG:600025
Utilities - Renewable 0.25%
China Longyuan Power Group Corporation Limited
F:6WX
Utilities - Renewable 0.05%
Pertamina Geothermal Energy
JK:PGEO
Utilities - Renewable 17.29%
Jiangsu New Energy Development Co Ltd
SHG:603693
Utilities - Renewable 1.58%
Zhongmin Energy Co Ltd
SHG:600163
Utilities - Renewable 1.94%
Clearway Energy Inc
NYSE:CWEN-A
Utilities - Renewable 0.33%
Pehuenche
SN:PEHUENCHE
Utilities - Renewable 0.03%

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
≈ $11.71 Million
CN¥34.42 Billion
≈ $5.04 Billion
+0.16pp
2006-12-31 0.07% CN¥1.70 Million
≈ $248.91K
CN¥2.29 Billion
≈ $335.09 Million
+0.00pp
2005-12-31 0.07% CN¥1.50 Million
≈ $219.94K
CN¥2.15 Billion
≈ $315.06 Million
-0.11pp
2004-12-31 0.18% CN¥3.73 Million
≈ $545.82K
CN¥2.03 Billion
≈ $297.27 Million
+0.07pp
2003-12-31 0.12% CN¥2.93 Million
≈ $428.90K
CN¥2.48 Billion
≈ $363.47 Million
-0.06pp
2002-12-31 0.18% CN¥4.03 Million
≈ $590.15K
CN¥2.28 Billion
≈ $333.22 Million
-0.28pp
2001-12-31 0.46% CN¥9.12 Million
≈ $1.33 Million
CN¥2.00 Billion
≈ $292.65 Million
-0.03pp
2000-12-31 0.49% CN¥11.50 Million
≈ $1.68 Million
CN¥2.37 Billion
≈ $346.78 Million
--
pp = percentage points

About Tunghsu Azure Renewable Energy Co Ltd

SHE:000040 China Utilities - Renewable
Market Cap
$106.61 Million
CN¥728.57 Million CNY
Market Cap Rank
#19036 Global
#4676 in China
Share Price
CN¥0.49
Change (1 day)
+0.00%
52-Week Range
CN¥0.49 - CN¥0.49
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