China Three Gorges New Energy Group Co Ltd - Asset Resilience Ratio

Latest as of June 2024: 0.00%

China Three Gorges New Energy Group Co Ltd (600905) has an Asset Resilience Ratio of 0.00% 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. Check strategic asset allocation of China Three Gorges New Energy Group Co L to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥1.59 Million
≈ $232.59K USD Cash + Short-term Investments

Total Assets

CN¥332.26 Billion
≈ $48.62 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2004–2023)

This chart shows how China Three Gorges New Energy Group Co Ltd's Asset Resilience Ratio has changed over time. See China Three Gorges New Energy Group Co L (600905) balance sheet quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down China Three Gorges New Energy Group 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 China Three Gorges New Energy Group Co L stock valuation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥1.59 Million 0.0%
Total Liquid Assets CN¥1.59 Million 0.00%

Asset Resilience Insights

  • Limited Liquidity: China Three Gorges New Energy Group Co Ltd maintains only 0.00% 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.

China Three Gorges New Energy Group Co Ltd Industry Peers by Asset Resilience Ratio

Compare China Three Gorges New Energy Group Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
FORTUM OYJ ADR 1/5/EO340
F:FOT0
Utilities - Renewable 0.64%
Huaneng Lancang River Hydropower Inc Class A
SHG:600025
Utilities - Renewable 0.25%
Shanghai Electric Power Co Ltd
SHG:600021
Utilities - Renewable 0.14%
Hubei Energy Group Co Ltd
SHE:000883
Utilities - Renewable 0.07%
Alupar Investimento SA
SA:ALUP11
Utilities - Renewable 2.25%
Pehuenche
SN:PEHUENCHE
Utilities - Renewable 0.03%
ROMANDE ENERGIE SA
SW:REHN
Utilities - Renewable 4.99%
Econergy Renewable Energy Ltd
TA:ECNR
Utilities - Renewable 0.42%

Annual Asset Resilience Ratio for China Three Gorges New Energy Group Co Ltd (2004–2023)

The table below shows the annual Asset Resilience Ratio data for China Three Gorges New Energy Group Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.00% CN¥1.59 Million
≈ $232.59K
CN¥311.71 Billion
≈ $45.61 Billion
-0.01pp
2008-12-31 0.01% CN¥1.41 Million
≈ $205.65K
CN¥12.07 Billion
≈ $1.77 Billion
-0.01pp
2006-12-31 0.02% CN¥2.00 Million
≈ $292.66K
CN¥8.28 Billion
≈ $1.21 Billion
0.00pp
2005-12-31 0.03% CN¥2.00 Million
≈ $292.66K
CN¥7.22 Billion
≈ $1.06 Billion
-0.02pp
2004-12-31 0.04% CN¥3.20 Million
≈ $468.26K
CN¥7.14 Billion
≈ $1.04 Billion
--
pp = percentage points

About China Three Gorges New Energy Group Co Ltd

SHG:600905 China Utilities - Renewable
Market Cap
$17.03 Billion
CN¥116.35 Billion CNY
Market Cap Rank
#1482 Global
#138 in China
Share Price
CN¥4.07
Change (1 day)
-1.45%
52-Week Range
CN¥4.07 - CN¥4.56
All Time High
CN¥7.68
About

China Three Gorges Renewables (Group) Co.,Ltd. engages in the development, investment, and operation of wind and solar energy in China. The company develops offshore wind power projects with a cumulative installed capacity of 7.0498 million kilowatts, onshore wind power projects with a cumulative installed capacity of over 7.5 million kilowatts, photovoltaic power stations with a cumulative insta… Read more