ZheJiang RIFA Digital Precision Machinery Co Ltd - Asset Resilience Ratio

Latest as of March 2024: -1.73%

ZheJiang RIFA Digital Precision Machinery Co Ltd (002520) has an Asset Resilience Ratio of -1.73% as of March 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. Read 002520 total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥-70.71 Million
≈ $-10.35 Million USD Cash + Short-term Investments

Total Assets

CN¥4.10 Billion
≈ $599.73 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2022)

This chart shows how ZheJiang RIFA Digital Precision Machinery Co Ltd's Asset Resilience Ratio has changed over time. See ZheJiang RIFA Digital Precision Machiner net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down ZheJiang RIFA Digital Precision Machinery 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 RIFA Digital Precision Machiner worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥-70.71 Million -1.73%
Total Liquid Assets CN¥-70.71 Million -1.73%

Asset Resilience Insights

  • Limited Liquidity: ZheJiang RIFA Digital Precision Machinery Co Ltd maintains only -1.73% 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 RIFA Digital Precision Machinery Co Ltd Industry Peers by Asset Resilience Ratio

Compare ZheJiang RIFA Digital Precision Machinery Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Siemens Aktiengesellschaft
XETRA:SIE
Specialty Industrial Machinery 16.29%
Sandvik AB
ST:SAND
Specialty Industrial Machinery 2.92%
Vestas Wind Systems A/S
CO:VWS
Specialty Industrial Machinery 0.64%
Ming Yang Smart Energy Group Ltd
SHG:601615
Specialty Industrial Machinery 2.82%
Shenzhen Yinghe Technology Co Ltd
SHE:300457
Specialty Industrial Machinery -0.42%
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
Specialty Industrial Machinery 8.62%
American Superconductor Corporation
NASDAQ:AMSC
Specialty Industrial Machinery 0.00%
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
Specialty Industrial Machinery 0.01%

Annual Asset Resilience Ratio for ZheJiang RIFA Digital Precision Machinery Co Ltd (2016–2022)

The table below shows the annual Asset Resilience Ratio data for ZheJiang RIFA Digital Precision Machinery Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 0.69% CN¥41.00 Million
≈ $6.00 Million
CN¥5.96 Billion
≈ $871.82 Million
-4.30pp
2021-12-31 4.99% CN¥363.00 Million
≈ $53.12 Million
CN¥7.28 Billion
≈ $1.07 Billion
+3.96pp
2020-12-31 1.03% CN¥65.00 Million
≈ $9.51 Million
CN¥6.34 Billion
≈ $927.88 Million
-18.18pp
2017-12-31 19.20% CN¥505.38 Million
≈ $73.95 Million
CN¥2.63 Billion
≈ $385.16 Million
-1.65pp
2016-12-31 20.85% CN¥490.35 Million
≈ $71.75 Million
CN¥2.35 Billion
≈ $344.08 Million
--
pp = percentage points

About ZheJiang RIFA Digital Precision Machinery Co Ltd

SHE:002520 China Specialty Industrial Machinery
Market Cap
$651.02 Million
CN¥4.45 Billion CNY
Market Cap Rank
#11196 Global
#3350 in China
Share Price
CN¥5.93
Change (1 day)
+3.13%
52-Week Range
CN¥5.23 - CN¥7.50
All Time High
CN¥19.10
About

Zhejiang RIFA Precision Machinery Co., Ltd., together with its subsidiaries, manufactures and sells CNC machine tools in China and internationally. The company offers general tool machinery, including vertical and horizontal CNC lathes, vertical and horizontal machining centers, longmen machining centers, CNC horizontal boring machines, and automated production lines; and CNC grinders, such as be… Read more