Qingdao Tianneng Heavy Industries Co Ltd Asset Resilience Ratio
Qingdao Tianneng Heavy Industries Co Ltd asset resilience ratio. Qingdao Tianneng Heavy Industries Co Ltd (300569) has an Asset Resilience Ratio of -0.08% as of September 2023. 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 Qingdao Tianneng Heavy Industries Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Qingdao Tianneng Heavy Industries Co Ltd (2015–2020)
Asset resilience ratio of Qingdao Tianneng Heavy Industries Co Ltd from 2015 to 2020. This chart shows how Qingdao Tianneng Heavy Industries Co Ltd's Asset Resilience Ratio has changed over time. Read Qingdao Tianneng Heavy Industries Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Qingdao Tianneng Heavy Industries 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 300569 current and non-current assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-10.68 Million | -0.08% |
| Total Liquid Assets | CN¥-10.68 Million | -0.08% |
Asset Resilience Insights
- Limited Liquidity: Qingdao Tianneng Heavy Industries Co Ltd maintains only -0.08% 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.
Qingdao Tianneng Heavy Industries Co Ltd Industry Peers by Asset Resilience Ratio
Compare Qingdao Tianneng Heavy Industries Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724 |
Specialty Industrial Machinery | 26.40% |
|
Sunonwealth Electric Machine Industry Co Ltd
TW:2421 |
Specialty Industrial Machinery | 2.24% |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415 |
Specialty Industrial Machinery | 1.19% |
|
TD Power Systems Limited
NSE:TDPOWERSYS |
Specialty Industrial Machinery | 3.48% |
|
AA Industrial Belting
SHG:603580 |
Specialty Industrial Machinery | 4.40% |
|
Zhejiang Windey Co Ltd
SHE:300772 |
Specialty Industrial Machinery | 6.45% |
|
Sinoseal Holding Co Ltd
SHE:300470 |
Specialty Industrial Machinery | 13.39% |
|
Raymond Limited
NSE:RAYMOND |
Specialty Industrial Machinery | 10.66% |
Qingdao Tianneng Heavy Industries Co Ltd Asset Resilience Ratio by Year (2015–2020)
Qingdao Tianneng Heavy Industries Co Ltd asset resilience ratio by year from 2015 to 2020. The table below shows the annual Asset Resilience Ratio data for Qingdao Tianneng Heavy Industries Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 3.70% | CN¥281.12 Million ≈ $41.14 Million |
CN¥7.60 Billion ≈ $1.11 Billion |
+0.23pp |
| 2018-12-31 | 3.46% | CN¥113.05 Million ≈ $16.54 Million |
CN¥3.27 Billion ≈ $477.80 Million |
-15.48pp |
| 2017-12-31 | 18.94% | CN¥468.79 Million ≈ $68.60 Million |
CN¥2.47 Billion ≈ $362.14 Million |
-0.65pp |
| 2016-12-31 | 19.59% | CN¥411.52 Million ≈ $60.22 Million |
CN¥2.10 Billion ≈ $307.40 Million |
+9.38pp |
| 2015-12-31 | 10.21% | CN¥145.20 Million ≈ $21.25 Million |
CN¥1.42 Billion ≈ $208.20 Million |
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About Qingdao Tianneng Heavy Industries Co Ltd
Qingdao Tianneng Heavy Industries Co.,Ltd manufactures and sells wind turbine towers and related equipment in China and internationally. The company offers onshore wind power towers, offshore wind power towers; offshore wind power foundations comprising single piles, cages, and high pile caps; and onshore wind power anchors. It also invests, develops, constructs, and operates new energy projects,… Read more