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. See working capital position of Wangneng Environment Co Ltd to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Wangneng Environment Co Ltd total assets.

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. Explore Wangneng Environment Co Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.

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
Wuhan Tianyuan Environmental Protection Co.LTD
SHE:301127
Waste Management 0.59%
Science Environmental Protection Co. Ltd. A
SHG:688480
Waste Management 6.35%
Nanjing Wondux Environmental Protection Technology Corp Ltd
SHG:688178
Waste Management 4.03%
Green Impact Partners Inc
V:GIP
Waste Management 0.00%
Partnera Oyj
HE:PARTNE1
Waste Management 34.77%
Vow Green Metals AS
OL:VGM
Waste Management 55.30%
CHAR Technologies Ltd
V:YES
Waste Management 0.00%
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
$1.05 Billion
CN¥7.20 Billion CNY
Market Cap Rank
#8638 Global
#2048 in China
Share Price
CN¥13.94
Change (1 day)
-2.11%
52-Week Range
CN¥13.48 - 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, food waste recycling, wastewater treatment, sludge treatment, and rubber recycling. The company was formerly known as Zhejiang Mizuda printing&dyeing group co.,Ltd and changed its name to Wangneng Environment Co.,Ltd in January 201… Read more