Zhejiang Tuna Environmental Science & Technology Co Ltd - Asset Resilience Ratio

Latest as of June 2021: 2.53%

Zhejiang Tuna Environmental Science & Technology Co Ltd (603177) has an Asset Resilience Ratio of 2.53% as of June 2021. 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 Tuna Environmental Science & Te (603177) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥34.24 Million
≈ $5.01 Million USD Cash + Short-term Investments

Total Assets

CN¥1.35 Billion
≈ $198.12 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2019)

This chart shows how Zhejiang Tuna Environmental Science & Technology Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Zhejiang Tuna Environmental Science & Te total assets.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Tuna Environmental Science & Technology Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore 603177 long-term investments to assets 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¥34.24 Million 2.53%
Total Liquid Assets CN¥34.24 Million 2.53%

Asset Resilience Insights

  • Limited Liquidity: Zhejiang Tuna Environmental Science & Technology Co Ltd maintains only 2.53% 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 Tuna Environmental Science & Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zhejiang Tuna Environmental Science & Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Anhui Yuanchen Environmental Protection Science & Technology Co. Ltd.
SHG:688659
Pollution & Treatment Controls 4.22%
Eugene SPAC 1
KQ:187790
Pollution & Treatment Controls 2.55%
Phoslock Environmental Technologies Ltd
AU:PET
Pollution & Treatment Controls 1.07%
Sunrise Energy Metals Ltd
AU:SRL
Pollution & Treatment Controls -0.75%
Fluence Corporation Ltd
AU:FLC
Pollution & Treatment Controls 11.99%
Environmental Clean Technologies Ltd
AU:ECT
Pollution & Treatment Controls 12.90%
De.Mem Ltd
AU:DEM
Pollution & Treatment Controls 0.47%
Parkway Corporate Ltd
AU:PWN
Pollution & Treatment Controls 27.32%

Annual Asset Resilience Ratio for Zhejiang Tuna Environmental Science & Technology Co Ltd (2019–2019)

The table below shows the annual Asset Resilience Ratio data for Zhejiang Tuna Environmental Science & Technology Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-12-31 0.00% CN¥50.00K
≈ $7.32K
CN¥1.36 Billion
≈ $199.53 Million
--
pp = percentage points

About Zhejiang Tuna Environmental Science & Technology Co Ltd

SHG:603177 China Pollution & Treatment Controls
Market Cap
$338.84 Million
CN¥2.32 Billion CNY
Market Cap Rank
#14363 Global
#4292 in China
Share Price
CN¥11.34
Change (1 day)
+7.90%
52-Week Range
CN¥7.83 - CN¥14.12
All Time High
CN¥34.74
About

Zhejiang Tuna Environmental Science & TechnologyCo.,Ltd. engages in the technology development and engineering application of the environmental protection industry in China and internationally. The company undertakes EPC projects, such as semi-dry and wet limestone-gypsum desulfurization, and NOx removal technology. It offers catalyst products, including MHDC, VOC, ASC, SCR+CO dual-function, CO o… Read more