Zhejiang Xinneng Photovoltaic Technology Co Ltd - Asset Resilience Ratio
Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) has an Asset Resilience Ratio of 0.12% as of June 2022. 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 Zhejiang Xinneng Photovoltaic Technology debt and liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2021)
This chart shows how Zhejiang Xinneng Photovoltaic Technology Co Ltd's Asset Resilience Ratio has changed over time. See 603105 book value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Xinneng Photovoltaic Technology 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 Zhejiang Xinneng Photovoltaic Technology (603105) market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥3.93 Million | 0.12% |
| Total Liquid Assets | CN¥3.93 Million | 0.12% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Xinneng Photovoltaic Technology Co Ltd maintains only 0.12% 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 Xinneng Photovoltaic Technology Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Xinneng Photovoltaic Technology Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Clearvue Technologies Ltd
AU:CPV |
Solar | 1.11% |
|
Mpower Group Ltd
AU:MPR |
Solar | 1.29% |
|
Aurora Solar Technologies Inc
V:ACU |
Solar | 4.24% |
|
Tongwei Co Ltd
SHG:600438 |
Solar | 7.07% |
|
Trina Solar Co Ltd
SHG:688599 |
Solar | 0.04% |
|
JA Solar Technology Co Ltd
SHE:002459 |
Solar | 1.13% |
|
Shanghai Xinmei Real Estate Co Ltd Class A
SHG:600732 |
Solar | 0.00% |
|
Changzhou Fusion New Material Co. Ltd. A
SHG:688503 |
Solar | 8.05% |
Annual Asset Resilience Ratio for Zhejiang Xinneng Photovoltaic Technology Co Ltd (2018–2021)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Xinneng Photovoltaic Technology Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 0.21% | CN¥6.71 Million ≈ $981.21K |
CN¥3.14 Billion ≈ $459.43 Million |
+0.17pp |
| 2020-12-31 | 0.05% | CN¥1.31 Million ≈ $192.10K |
CN¥2.80 Billion ≈ $409.27 Million |
-0.08pp |
| 2019-12-31 | 0.13% | CN¥3.40 Million ≈ $497.82K |
CN¥2.66 Billion ≈ $388.84 Million |
-0.95pp |
| 2018-12-31 | 1.08% | CN¥27.59 Million ≈ $4.04 Million |
CN¥2.56 Billion ≈ $374.84 Million |
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About Zhejiang Xinneng Photovoltaic Technology Co Ltd
Zhejiang Sunoren Solar Technology Co.,Ltd. engages in the investment, development, construction, operation, of distributed photovoltaic power stations in China. The company operates distributed power and energy storage stations, smart electric vehicle charging stations, and energy cloud platform, as well as offers intelligent operation and maintenance services, module manufacturing services, and … Read more