Wangneng Environment Co Ltd - Asset Resilience Ratio
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. Read Wangneng Environment Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2023)
This chart shows how Wangneng Environment Co Ltd's Asset Resilience Ratio has changed over time. See Wangneng Environment Co Ltd book value and equity for net asset value and shareholders' equity analysis.
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 002034 company net worth.
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 |
|---|---|---|
|
Republic Services Inc
NYSE:RSG |
Waste Management | 0.97% |
|
Umicore S.A.
BR:UMI |
Waste Management | 6.49% |
|
Beijing GeoEnviron Engineering
SHG:603588 |
Waste Management | 0.03% |
|
Qingdao Huicheng Environmental Co Ltd
SHE:300779 |
Waste Management | 1.48% |
|
Wuhan Tianyuan Environmental Protection Co.LTD
SHE:301127 |
Waste Management | 0.59% |
|
Zhejiang Zone King Environmental Sci&Tech Co Ltd
SHG:688701 |
Waste Management | 0.10% |
|
Multi Hanna Kreasindo Tbk Pt
JK:MHKI |
Waste Management | 4.34% |
|
ENTYR Ltd
AU:ETR |
Waste Management | 0.32% |
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 |
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About Wangneng Environment Co Ltd
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