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. Check how strategically is Zhejiang Fuchunjiang Environmental Therm's equity deployed to assess the company's strategic physical and investment asset allocation.

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. See Zhejiang Fuchunjiang Environmental Therm balance sheet independence to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see how much is Zhejiang Fuchunjiang Environmental Therm worth.

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
Eversource Energy
NYSE:ES
Utilities - Regulated Electric 166.95%
Evergy, Inc.
NASDAQ:EVRG
Utilities - Regulated Electric 0.66%
Yunnan Wenshan Electric Power Co Ltd
SHG:600995
Utilities - Regulated Electric 0.99%
Shenzhen Energy Group Co Ltd
SHE:000027
Utilities - Regulated Electric 2.14%
CESC Limited
NSE:CESC
Utilities - Regulated Electric 0.21%
Jilin Power Share Co Ltd
SHE:000875
Utilities - Regulated Electric 0.00%
Guangdong Shaoneng Group Co Ltd
SHE:000601
Utilities - Regulated Electric 0.01%
Liaoning Hongyang Energy Resource Invest Co Ltd
SHG:600758
Utilities - Regulated Electric 0.00%

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
$558.20 Million
CN¥3.81 Billion CNY
Market Cap Rank
#11690 Global
#3337 in China
Share Price
CN¥4.41
Change (1 day)
-2.43%
52-Week Range
CN¥4.41 - CN¥6.02
All Time High
CN¥13.56
About

Zhejiang Fuchunjiang Environmental Thermoelectric Co.,LTD. engages in solid waste disposal, and heat and power cogeneration activities in China. It is also engaged in recycling of sludge and general solid waste containing non-ferrous metals; hazardous waste recycling business that uses waste containing non-ferrous metals to recycle tin, copper, gold, silver, platinum, and palladium; and environme… Read more