Zhejiang Tiantie Industry Co Ltd

SHE:300587 China Railroads
Market Cap
$1.11 Billion
CN¥8.14 Billion CNY
Market Cap Rank
#7770 Global
#1377 in China
Share Price
CN¥6.27
Change (1 day)
-0.16%
52-Week Range
CN¥4.17 - CN¥9.28
All Time High
CN¥15.00
About

Zhejiang Tiantie Science and Technology Co., Ltd. engages in the provision of noise reduction and vibration mitigation technology for rail, road, level crossing, buildings, and industrial applications in China. The company also involved in the development and manufacture of rubber products. It also offers seismic isolators for buildings, such as natural rubber bearing, lead rubber bearing, high d… Read more

Zhejiang Tiantie Industry Co Ltd - Asset Resilience Ratio

Latest as of June 2024: 0.68%

Zhejiang Tiantie Industry Co Ltd (300587) has an Asset Resilience Ratio of 0.68% as of June 2024. 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¥40.11 Million
Cash + Short-term Investments
Total Assets
CN¥5.93 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2024)

This chart shows how Zhejiang Tiantie Industry 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 Tiantie Industry 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¥40.11 Million 0.68%
Total Liquid Assets CN¥40.11 Million 0.68%

Asset Resilience Insights

  • Limited Liquidity: Zhejiang Tiantie Industry Co Ltd maintains only 0.68% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Zhejiang Tiantie Industry Co Ltd Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
China High-Speed Railway Technology
SHE:000008
Railroads 0.43%
Nanjing Zhongbei Group Co Ltd
SHE:000421
Railroads 0.00%
Ningxia Western Venture Industrial Co Ltd
SHE:000557
Railroads 70.24%
Chunil Express
KO:000650
Railroads 0.06%
Vontron Technology Co Ltd
SHE:000920
Railroads -2.11%
China Railway Materials Co Ltd
SHE:000927
Railroads 1.92%
Changzhou Evergreen Technology Co. Ltd. A
SHE:001324
Railroads 24.77%
HeNan Splendor Science & Technology Co Ltd
SHE:002296
Railroads 5.72%

Annual Asset Resilience Ratio for Zhejiang Tiantie Industry Co Ltd (2017–2024)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.52% CN¥30.00 Million CN¥5.77 Billion -5.11pp
2021-12-31 5.63% CN¥230.00 Million CN¥4.08 Billion +3.95pp
2020-12-31 1.69% CN¥50.00 Million CN¥2.97 Billion +1.47pp
2019-12-31 0.21% CN¥5.00 Million CN¥2.35 Billion -1.08pp
2018-12-31 1.30% CN¥23.00 Million CN¥1.77 Billion -10.83pp
2017-12-31 12.13% CN¥120.00 Million CN¥989.30 Million --
pp = percentage points