Zhejiang Tiantie Industry Co Ltd - Asset Resilience Ratio
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. Read 300587 current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2024)
This chart shows how Zhejiang Tiantie Industry Co Ltd's Asset Resilience Ratio has changed over time. See 300587 net asset value for net asset value and shareholders' equity analysis.
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. For market capitalisation and broader financial context, see 300587 stock market capitalisation.
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 |
|---|---|---|
|
Beijing-Shanghai High Speed Railway Co Ltd
SHG:601816 |
Railroads | 0.37% |
|
Frontier Transport Holdings Ltd
JSE:FTH |
Railroads | 0.00% |
|
Aurizon Holdings Ltd
AU:AZJ |
Railroads | 0.37% |
|
Kelsian Group Ltd
AU:KLS |
Railroads | 0.27% |
|
Engenco Ltd
AU:EGN |
Railroads | 0.00% |
|
Traffic Technologies Ltd
AU:TTI |
Railroads | 1.64% |
|
Rumo S.A
SA:RAIL3 |
Railroads | 0.77% |
|
Canadian Pacific Railway Ltd
TO:CP |
Railroads | 0.21% |
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 ≈ $4.39 Million |
CN¥5.77 Billion ≈ $844.61 Million |
-5.11pp |
| 2021-12-31 | 5.63% | CN¥230.00 Million ≈ $33.66 Million |
CN¥4.08 Billion ≈ $597.32 Million |
+3.95pp |
| 2020-12-31 | 1.69% | CN¥50.00 Million ≈ $7.32 Million |
CN¥2.97 Billion ≈ $433.94 Million |
+1.47pp |
| 2019-12-31 | 0.21% | CN¥5.00 Million ≈ $731.66K |
CN¥2.35 Billion ≈ $343.32 Million |
-1.08pp |
| 2018-12-31 | 1.30% | CN¥23.00 Million ≈ $3.37 Million |
CN¥1.77 Billion ≈ $259.35 Million |
-10.83pp |
| 2017-12-31 | 12.13% | CN¥120.00 Million ≈ $17.56 Million |
CN¥989.30 Million ≈ $144.77 Million |
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About Zhejiang Tiantie Industry Co Ltd
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