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. Check ZheJiang RIFA Digital Precision Machiner PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

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 asset quality index to measure how much of total assets are equity-financed.

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
Vestas Wind Systems A/S
CO:VWS
Specialty Industrial Machinery 0.62%
Nordex SE
F:NDX1
Specialty Industrial Machinery 0.07%
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
Specialty Industrial Machinery 21.03%
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
Specialty Industrial Machinery 10.02%
Wuxi Boton Technology Co Ltd
SHE:300031
Specialty Industrial Machinery -1.00%
Suzhou TZTEK Technology Co Ltd
SHG:688003
Specialty Industrial Machinery 0.78%
Zhejiang Dayuan Pumps Ind Co
SHG:603757
Specialty Industrial Machinery 3.20%
Shanghai Cooltech Power Co Ltd
SHE:300153
Specialty Industrial Machinery 0.20%

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
$766.30 Million
CN¥5.24 Billion CNY
Market Cap Rank
#10266 Global
#2782 in China
Share Price
CN¥6.98
Change (1 day)
+1.31%
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