Zhejiang Xinneng Photovoltaic Technology Co Ltd - Asset Resilience Ratio

Latest as of June 2022: 0.12%

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

CN¥3.93 Million
≈ $574.64K USD Cash + Short-term Investments

Total Assets

CN¥3.41 Billion
≈ $498.79 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

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
--
pp = percentage points

About Zhejiang Xinneng Photovoltaic Technology Co Ltd

SHG:603105 China Solar
Market Cap
$722.89 Million
CN¥4.94 Billion CNY
Market Cap Rank
#10744 Global
#3157 in China
Share Price
CN¥9.88
Change (1 day)
+1.54%
52-Week Range
CN¥7.85 - CN¥13.89
All Time High
CN¥26.02
About

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