Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd - Asset Resilience Ratio

Latest as of December 2023: -0.10%

Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd (002479) has an Asset Resilience Ratio of -0.10% 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. See working capital position of Zhejiang Fuchunjiang Environmental Therm to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥-8.35 Million
≈ $-1.22 Million USD Cash + Short-term Investments

Total Assets

CN¥8.59 Billion
≈ $1.26 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2021)

This chart shows how Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Zhejiang Fuchunjiang Environmental Therm.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore 002479 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¥-8.35 Million -0.1%
Total Liquid Assets CN¥-8.35 Million -0.10%

Asset Resilience Insights

  • Limited Liquidity: Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd maintains only -0.10% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Pinnacle West Capital Corp
NYSE:PNW
Utilities - Regulated Electric 0.13%
Enel Américas S.A
SN:ENELAM
Utilities - Regulated Electric 0.31%
Rede Energia Participações S.A
SA:REDE3
Utilities - Regulated Electric 10.00%
Energisa S.A
SA:ENGI3
Utilities - Regulated Electric 9.61%
Jointo Energy Investment Co Ltd Hebei
SHE:000600
Utilities - Regulated Electric 0.16%
Datang HuaYin Electric Power Co Ltd
SHG:600744
Utilities - Regulated Electric 2.30%
Transmissora Aliança de Energia Elétrica S.A
SA:TAEE3
Utilities - Regulated Electric 4.91%
Leshan Electric Power Co Ltd
SHG:600644
Utilities - Regulated Electric 1.55%

Annual Asset Resilience Ratio for Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd (2015–2021)

The table below shows the annual Asset Resilience Ratio data for Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-12-31 0.20% CN¥18.40 Million
≈ $2.69 Million
CN¥9.07 Billion
≈ $1.33 Billion
-2.91pp
2020-12-31 3.11% CN¥346.31 Million
≈ $50.68 Million
CN¥11.12 Billion
≈ $1.63 Billion
+1.99pp
2019-12-31 1.13% CN¥102.50 Million
≈ $15.00 Million
CN¥9.10 Billion
≈ $1.33 Billion
-2.81pp
2018-12-31 3.93% CN¥230.00 Million
≈ $33.66 Million
CN¥5.85 Billion
≈ $855.36 Million
+3.83pp
2015-12-31 0.10% CN¥5.00 Million
≈ $731.66K
CN¥4.99 Billion
≈ $729.88 Million
--
pp = percentage points

About Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd

SHE:002479 China Utilities - Regulated Electric
Market Cap
$737.94 Million
CN¥5.04 Billion CNY
Market Cap Rank
#10365 Global
#2803 in China
Share Price
CN¥5.83
Change (1 day)
-1.02%
52-Week Range
CN¥4.21 - CN¥6.20
All Time High
CN¥13.56
About

Zhejiang Fuchunjiang Environmental Thermoelectric Co., Ltd., together with its subsidiaries, operates as a circular economy-oriented environmental protection utility company in China. It engages in the cogeneration business, including production of clean heat energy and electricity, as well as provision of centralized heating services; resource recycling and utilization of general solid and hazar… Read more