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.
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. 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 |
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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