Qian Jiang Water Resources Development Co Ltd

SHG:600283 China Utilities - Regulated Water
Market Cap
$727.66 Million
CN¥5.34 Billion CNY
Market Cap Rank
#12976 Global
#3280 in China
Share Price
CN¥9.52
Change (1 day)
-0.83%
52-Week Range
CN¥8.97 - CN¥10.84
All Time High
CN¥21.50
About

Qian Jiang Water Resources Development Co.,Ltd, together with its subsidiaries, produces and supplies tap water in China. It engages in the operation of sewage treatment plants; and installation of municipal water pipelines. The company was founded in 1998 and is headquartered in Hangzhou, China.

Qian Jiang Water Resources Development Co Ltd - Asset Resilience Ratio

Latest as of December 2018: 1.98%

Qian Jiang Water Resources Development Co Ltd (600283) has an Asset Resilience Ratio of 1.98% as of December 2018. 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¥100.00 Million
Cash + Short-term Investments
Total Assets
CN¥5.04 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (1998–2018)

This chart shows how Qian Jiang Water Resources Development 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 Qian Jiang Water Resources Development 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¥100.00 Million 1.98%
Total Liquid Assets CN¥100.00 Million 1.98%

Asset Resilience Insights

  • Limited Liquidity: Qian Jiang Water Resources Development Co Ltd maintains only 1.98% 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.

Qian Jiang Water Resources Development Co Ltd Industry Peers by Asset Resilience Ratio

Compare Qian Jiang Water Resources Development Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Chengdu Xingrong Investment Co Ltd
SHE:000598
Utilities - Regulated Water 0.18%
Bohai Water Industry Co Ltd
SHE:000605
Utilities - Regulated Water 0.15%
Zhongshan Public Utilities Group Co Ltd
SHE:000685
Utilities - Regulated Water -3.30%
Kangda International Environmental Company Limited
STU:27K
Utilities - Regulated Water 2.12%
Yunnan Water Investment Co. Limited
F:2WI
Utilities - Regulated Water 0.11%
Gansu Dayu Water saving Group
SHE:300021
Utilities - Regulated Water 0.03%
Beijing Water Business Doctor
SHE:300055
Utilities - Regulated Water 2.91%
BGT Group Co. Ltd.
SHE:300774
Utilities - Regulated Water 0.73%

Annual Asset Resilience Ratio for Qian Jiang Water Resources Development Co Ltd (1998–2018)

The table below shows the annual Asset Resilience Ratio data for Qian Jiang Water Resources Development Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 1.98% CN¥100.00 Million CN¥5.04 Billion -1.11pp
2015-12-31 3.09% CN¥161.83 Million CN¥5.24 Billion +3.09pp
2011-12-31 0.00% CN¥84.15K CN¥2.92 Billion +0.00pp
2010-12-31 0.00% CN¥25.50K CN¥2.95 Billion -0.19pp
2009-12-31 0.19% CN¥5.19 Million CN¥2.79 Billion +0.18pp
2008-12-31 0.00% CN¥38.01K CN¥2.52 Billion -0.05pp
2007-12-31 0.05% CN¥1.06 Million CN¥1.97 Billion -0.12pp
2006-12-31 0.17% CN¥3.91 Million CN¥2.28 Billion -0.16pp
2005-12-31 0.33% CN¥6.25 Million CN¥1.91 Billion -0.13pp
2004-12-31 0.45% CN¥7.45 Million CN¥1.64 Billion -0.30pp
2003-12-31 0.75% CN¥11.81 Million CN¥1.57 Billion -3.49pp
2002-12-31 4.24% CN¥66.47 Million CN¥1.57 Billion +1.29pp
2001-12-31 2.95% CN¥35.17 Million CN¥1.19 Billion +2.69pp
2000-12-31 0.26% CN¥3.51 Million CN¥1.35 Billion +0.25pp
1998-12-31 0.01% CN¥66.82K CN¥481.34 Million --
pp = percentage points