ZheJiang RIFA Digital Precision Machinery Co Ltd Asset Resilience Ratio
ZheJiang RIFA Digital Precision Machinery Co Ltd asset resilience ratio. 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. See defensive interval ratio of ZheJiang RIFA Digital Precision Machiner to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of ZheJiang RIFA Digital Precision Machinery Co Ltd (2016–2022)
Asset resilience ratio of ZheJiang RIFA Digital Precision Machinery Co Ltd from 2016 to 2022. This chart shows how ZheJiang RIFA Digital Precision Machinery Co Ltd's Asset Resilience Ratio has changed over time. Read 002520 total debt and obligations for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see 002520 total assets.
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 |
|---|---|---|
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724 |
Specialty Industrial Machinery | 26.40% |
|
Sunonwealth Electric Machine Industry Co Ltd
TW:2421 |
Specialty Industrial Machinery | 2.24% |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415 |
Specialty Industrial Machinery | 1.19% |
|
TD Power Systems Limited
NSE:TDPOWERSYS |
Specialty Industrial Machinery | 3.48% |
|
AA Industrial Belting
SHG:603580 |
Specialty Industrial Machinery | 4.40% |
|
Zhejiang Windey Co Ltd
SHE:300772 |
Specialty Industrial Machinery | 6.45% |
|
Sinoseal Holding Co Ltd
SHE:300470 |
Specialty Industrial Machinery | 13.39% |
|
Raymond Limited
NSE:RAYMOND |
Specialty Industrial Machinery | 10.66% |
ZheJiang RIFA Digital Precision Machinery Co Ltd Asset Resilience Ratio by Year (2016–2022)
ZheJiang RIFA Digital Precision Machinery Co Ltd asset resilience ratio by year from 2016 to 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 |
-- |
About ZheJiang RIFA Digital Precision Machinery Co Ltd
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