Zhejiang Renzhi Co Ltd Asset Resilience Ratio

Latest as of March 2022: 38.15%

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. Read debt load of Zhejiang Renzhi Co Ltd for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥122.93 Million

≈ $17.99 Million USD Cash + Short-term Investments

Total Assets

CN¥322.25 Million

≈ $47.15 Million USD All company assets

Resilience Assessment

Very High

Financial Resilience Level

Asset Resilience Ratio of Zhejiang Renzhi Co Ltd (2008–2008)

Asset resilience ratio of Zhejiang Renzhi Co Ltd from 2008 to 2008. This chart shows how Zhejiang Renzhi Co Ltd's Asset Resilience Ratio has changed over time. See Zhejiang Renzhi Co Ltd (002629) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

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. For the complete balance sheet picture, see Zhejiang Renzhi Co Ltd asset portfolio.

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
Shuifa Energas Gas Co Ltd SHG:603318	Oil & Gas Equipment & Services	6.77%
Pulse Seismic Inc TO:PSD	Oil & Gas Equipment & Services	70.49%
Ginting Jaya Energi JK:WOWS	Oil & Gas Equipment & Services	0.00%
Lupatech S.A SA:LUPA3	Oil & Gas Equipment & Services	0.43%
Worley Ltd AU:WOR	Oil & Gas Equipment & Services	-1.28%
Exmar NV BR:EXM	Oil & Gas Equipment & Services	0.15%
OSX Brasil S.A SA:OSXB3	Oil & Gas Equipment & Services	1.35%
CES Energy Solutions Corp TO:CEU	Oil & Gas Equipment & Services	11.28%

Zhejiang Renzhi Co Ltd Asset Resilience Ratio by Year (2008–2008)

Zhejiang Renzhi Co Ltd asset resilience ratio by year from 2008 to 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 ≈ $110.91K	CN¥386.40 Million ≈ $56.54 Million	--

pp = percentage points

About Zhejiang Renzhi Co Ltd

SHE:002629 China Oil & Gas Equipment & Services

Market Cap

$245.67 Million

CN¥1.68 Billion CNY

Market Cap Rank

#15621 Global

#4556 in China

Share Price

CN¥3.94

Change (1 day)

-2.48%

52-Week Range

CN¥3.94 - CN¥9.74

All Time High

CN¥15.89