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. Read 002520 total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
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 |
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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