Shanxi Zhangze Electric Power Co Ltd - Asset Resilience Ratio

Latest as of December 2023: 0.90%

Shanxi Zhangze Electric Power Co Ltd (000767) has an Asset Resilience Ratio of 0.90% as of December 2023. 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. Read how much debt does Shanxi Zhangze Electric Power Co Ltd carry for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥542.74 Million
≈ $79.42 Million USD Cash + Short-term Investments

Total Assets

CN¥60.51 Billion
≈ $8.86 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2001–2013)

This chart shows how Shanxi Zhangze Electric Power Co Ltd's Asset Resilience Ratio has changed over time. See 000767 net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Shanxi Zhangze Electric Power 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 Shanxi Zhangze Electric Power Co Ltd market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥542.74 Million 0.9%
Total Liquid Assets CN¥542.74 Million 0.90%

Asset Resilience Insights

  • Limited Liquidity: Shanxi Zhangze Electric Power Co Ltd maintains only 0.90% 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.

Shanxi Zhangze Electric Power Co Ltd Industry Peers by Asset Resilience Ratio

Compare Shanxi Zhangze Electric Power Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Eversource Energy
NYSE:ES
Utilities - Regulated Electric 166.95%
Guangdong Shaoneng Group Co Ltd
SHE:000601
Utilities - Regulated Electric 0.01%
Companhia Energética do Ceará - Coelce
SA:COCE3
Utilities - Regulated Electric 0.47%
Dala Energi AB
ST:DE
Utilities - Regulated Electric 23.97%
Empresa Distribuidora Electrica Regional SA
BA:EMDE
Utilities - Regulated Electric 4.19%
Central Puerto S.A.
BA:CEPU
Utilities - Regulated Electric 8.18%
Compania de Transporte de Energia Electrica en Alta Tension Transener SA
BA:TRAN
Utilities - Regulated Electric 0.39%
Empresa Distribuidora y Comercializadora Norte S.A.
BA:EDN
Utilities - Regulated Electric 10.23%

Annual Asset Resilience Ratio for Shanxi Zhangze Electric Power Co Ltd (2001–2013)

The table below shows the annual Asset Resilience Ratio data for Shanxi Zhangze Electric Power Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2013-12-31 0.05% CN¥14.63 Million
≈ $2.14 Million
CN¥30.48 Billion
≈ $4.46 Billion
-0.84pp
2012-12-31 0.89% CN¥109.53 Million
≈ $16.03 Million
CN¥12.31 Billion
≈ $1.80 Billion
-1.19pp
2011-12-31 2.08% CN¥251.99 Million
≈ $36.87 Million
CN¥12.13 Billion
≈ $1.77 Billion
-0.65pp
2010-12-31 2.72% CN¥331.32 Million
≈ $48.48 Million
CN¥12.16 Billion
≈ $1.78 Billion
+0.11pp
2009-12-31 2.61% CN¥295.58 Million
≈ $43.25 Million
CN¥11.32 Billion
≈ $1.66 Billion
+0.87pp
2008-12-31 1.74% CN¥181.58 Million
≈ $26.57 Million
CN¥10.42 Billion
≈ $1.52 Billion
+0.69pp
2007-12-31 1.06% CN¥98.03 Million
≈ $14.35 Million
CN¥9.28 Billion
≈ $1.36 Billion
+0.97pp
2004-12-31 0.09% CN¥4.01 Million
≈ $586.91K
CN¥4.68 Billion
≈ $685.27 Million
-0.06pp
2003-12-31 0.15% CN¥6.97 Million
≈ $1.02 Million
CN¥4.66 Billion
≈ $681.24 Million
-0.13pp
2002-12-31 0.28% CN¥12.89 Million
≈ $1.89 Million
CN¥4.62 Billion
≈ $676.76 Million
-0.32pp
2001-12-31 0.59% CN¥27.81 Million
≈ $4.07 Million
CN¥4.67 Billion
≈ $684.06 Million
--
pp = percentage points

About Shanxi Zhangze Electric Power Co Ltd

SHE:000767 China Utilities - Regulated Electric
Market Cap
$1.70 Billion
CN¥11.63 Billion CNY
Market Cap Rank
#6862 Global
#1585 in China
Share Price
CN¥3.78
Change (1 day)
-3.57%
52-Week Range
CN¥2.79 - CN¥5.09
All Time High
CN¥6.51
About

Jinneng Holding Shanxi Electric Power Co.,LTD., together with its subsidiaries, engages in the production and sale of electricity and heat products in China. The company is involved in the development and sale of fuels, materials, high-tech electric power, and electric power supplies. It engages in production and sale of electric heating and electrolytic aluminum; electrical equipment overhaul an… Read more