Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
-- |
About Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd
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