Zhejiang Renzhi Co Ltd
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
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
Total Assets
Resilience Assessment
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 | -- |