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. See Zhejiang Tiantie Industry Co Ltd (300587) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see Zhejiang Tiantie Industry Co Ltd assets under control.
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. Explore 300587 strategic capital deployment 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¥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 |
|---|---|---|
|
Rumo S.A
SA:RAIL3 |
Railroads | 0.69% |
|
Nanjing Zhongbei Group Co Ltd
SHE:000421 |
Railroads | 0.00% |
|
Hefei Gocom Information Technology Co Ltd
SHG:688367 |
Railroads | 21.05% |
|
Taiwan Taxi Co Ltd
TWO:2640 |
Railroads | 1.76% |
|
Jiangsu Bide Science and Technology Co. Ltd.
SHG:605298 |
Railroads | 0.44% |
|
Jiangxi Changyun Co Ltd
SHG:600561 |
Railroads | 0.01% |
|
ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft
F:HVB |
Railroads | 9.54% |
|
Aurizon Holdings Ltd
AU:AZJ |
Railroads | 0.37% |
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