Wangneng Environment Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.07%

Wangneng Environment Co Ltd (002034) has an Asset Resilience Ratio of 0.07% as of September 2024. 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¥10.00 Million
≈ $1.46 Million USD Cash + Short-term Investments

Total Assets

CN¥14.93 Billion
≈ $2.18 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2002–2023)

This chart shows how Wangneng Environment Co Ltd's Asset Resilience Ratio has changed over time. Check 002034 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets Composition Over Time

This chart breaks down Wangneng Environment 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 market value of Wangneng Environment Co Ltd.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥10.00 Million 0.07%
Total Liquid Assets CN¥10.00 Million 0.07%

Asset Resilience Insights

  • Limited Liquidity: Wangneng Environment Co Ltd maintains only 0.07% 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.

Wangneng Environment Co Ltd Industry Peers by Asset Resilience Ratio

Compare Wangneng Environment Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Shandong Intco Recycling Resources Co Ltd
SHG:688087
Waste Management 17.94%
Infragreen Group Ltd
AU:IFN
Waste Management 5.45%
CHAR Technologies Ltd
V:YES
Waste Management 0.00%
GEOTRANS S.A. ZY -10
F:5Z4
Waste Management 12.75%
ENTYR Ltd
AU:ETR
Waste Management 0.32%
Cleanaway Waste Management Ltd
AU:CWY
Waste Management 0.72%
Livium Ltd
AU:LIT
Waste Management 3.03%
Neometals Ltd
AU:NMT
Waste Management 23.26%

Annual Asset Resilience Ratio for Wangneng Environment Co Ltd (2002–2023)

The table below shows the annual Asset Resilience Ratio data for Wangneng Environment Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.07% CN¥10.00 Million
≈ $1.46 Million
CN¥14.42 Billion
≈ $2.11 Billion
+0.00pp
2022-12-31 0.07% CN¥10.00 Million
≈ $1.46 Million
CN¥14.49 Billion
≈ $2.12 Billion
+0.07pp
2018-12-31 0.00% CN¥200.00K
≈ $29.27K
CN¥6.21 Billion
≈ $908.53 Million
-18.36pp
2016-12-31 18.37% CN¥200.00 Million
≈ $29.27 Million
CN¥1.09 Billion
≈ $159.33 Million
+18.36pp
2013-12-31 0.01% CN¥113.08K
≈ $16.55K
CN¥1.48 Billion
≈ $215.88 Million
-0.02pp
2003-12-31 0.03% CN¥136.95K
≈ $20.04K
CN¥426.77 Million
≈ $62.45 Million
-0.02pp
2002-12-31 0.05% CN¥155.25K
≈ $22.72K
CN¥298.95 Million
≈ $43.75 Million
--
pp = percentage points

About Wangneng Environment Co Ltd

SHE:002034 China Waste Management
Market Cap
$989.39 Million
CN¥6.76 Billion CNY
Market Cap Rank
#8833 Global
#2065 in China
Share Price
CN¥13.79
Change (1 day)
-0.65%
52-Week Range
CN¥13.60 - CN¥23.03
All Time High
CN¥33.00
About

Wangneng Environment Co.,Ltd provides solid waste solutions in China. It engages in the investment, construction, and operation of waste incineration power generation plant, solid waste, kitchen waste and sludge treatment, and other environmental industry projects, as well as rubber recycling. The company was formerly known as Zhejiang Mizuda printing&dyeing group co.,Ltd and changed its name to … Read more