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. See 002629 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see total assets of Zhejiang Renzhi Co Ltd.
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. Explore 002629 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Sino Geophysical
SHE:300191 |
Oil & Gas Equipment & Services | 19.57% |
|
ProPetro Holding Corp
NYSE:PUMP |
Oil & Gas Equipment & Services | 0.00% |
|
PT Multikarya Asia Pacific Ray
JK:MKAP |
Oil & Gas Equipment & Services | 2.74% |
|
Enterprise Group Inc
TO:E |
Oil & Gas Equipment & Services | 7.11% |
|
Petrolia SE
F:0PE |
Oil & Gas Equipment & Services | 6.43% |
|
PBG SA
WAR:PBG |
Oil & Gas Equipment & Services | 0.00% |
|
Worley Ltd
AU:WOR |
Oil & Gas Equipment & Services | -1.28% |
|
Exmar NV
BR:EXM |
Oil & Gas Equipment & Services | 0.15% |
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 ≈ $110.91K |
CN¥386.40 Million ≈ $56.54 Million |
-- |
About 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 offers new energy power engineering services, such as exploration, scheme design, technical consulting, material procurement, construction, grid connection approval, and operation and maintenance management for power engineering project… Read more