Zhejiang Renzhi Co Ltd

SHE:002629 China Oil & Gas Equipment & Services
Market Cap
$404.77 Million
CN¥2.97 Billion CNY
Market Cap Rank
#13171 Global
#3341 in China
Share Price
CN¥6.97
Change (1 day)
+9.94%
52-Week Range
CN¥4.69 - CN¥9.74
All Time High
CN¥15.89
About

Zhejiang Renzhi Co., Ltd., together with its subsidiaries, provides professional services in the oil and gas drilling and engineering fields in China. The company engages in oilfield environmental protection business, including oilfield wastewater treatment, sludge pretreatment and pool cleaning, drilling fluid emergency support technical services, mud non-grounding technical services, waste reso… Read more

Zhejiang Renzhi Co Ltd - Asset Resilience Ratio

Latest as of March 2022: 38.15%

Zhejiang Renzhi Co Ltd (002629) has an Asset Resilience Ratio of 38.15% as of March 2022. 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.

Liquid Assets
CN¥122.93 Million
Cash + Short-term Investments
Total Assets
CN¥322.25 Million
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2008–2008)

This chart shows how Zhejiang Renzhi Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Renzhi Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥122.93 Million 38.15%
Total Liquid Assets CN¥122.93 Million 38.15%

Asset Resilience Insights

  • Very High Liquidity: Zhejiang Renzhi Co Ltd maintains exceptional liquid asset reserves at 38.15% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Zhejiang Renzhi Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zhejiang Renzhi Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
Oil & Gas Equipment & Services 5.07%
China Oil HBP Science & Technology Co Ltd
SHE:002554
Oil & Gas Equipment & Services -0.63%
Reservoir Link Energy Bhd
KLSE:0219
Oil & Gas Equipment & Services 3.34%
Ocean Vantage Holdings Bhd
KLSE:0220
Oil & Gas Equipment & Services 3.22%
Aker Solutions OL
F:1AKA
Oil & Gas Equipment & Services 5.09%
Prime Oil Chemical Service Corp
TW:2904
Oil & Gas Equipment & Services 0.96%
Lanzhou Haimo Technologies Co
SHE:300084
Oil & Gas Equipment & Services 7.22%
Tong Oil Tools
SHE:300164
Oil & Gas Equipment & Services 0.43%

Annual Asset Resilience Ratio for Zhejiang Renzhi Co Ltd (2008–2008)

The table below shows the annual Asset Resilience Ratio data for Zhejiang Renzhi Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2008-12-31 0.20% CN¥757.95K CN¥386.40 Million --
pp = percentage points