Zhejiang Huazheng New Material Asset Resilience Ratio
Zhejiang Huazheng New Material asset resilience ratio. Zhejiang Huazheng New Material (603186) has an Asset Resilience Ratio of 0.01% as of September 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. See 603186 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Zhejiang Huazheng New Material (2017–2023)
Asset resilience ratio of Zhejiang Huazheng New Material from 2017 to 2023. This chart shows how Zhejiang Huazheng New Material's Asset Resilience Ratio has changed over time. Read 603186 total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Huazheng New Material's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see 603186 asset base.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥874.78K | 0.01% |
| Total Liquid Assets | CN¥874.78K | 0.01% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Huazheng New Material maintains only 0.01% 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 Huazheng New Material Industry Peers by Asset Resilience Ratio
Compare Zhejiang Huazheng New Material's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Uniflex Technology Inc
TW:3321 |
Electronic Components | 0.82% |
|
WUS Printed Circuit Kunshan Co Ltd
SHE:002463 |
Electronic Components | 0.08% |
|
Lingyi iTech Guangdong Co
SHE:002600 |
Electronic Components | 1.79% |
|
FOSITEK CORP
TW:6805 |
Electronic Components | 4.17% |
|
EZconn Corp
TW:6442 |
Electronic Components | 0.85% |
|
Fujian Huoju Electronic
SHG:603678 |
Electronic Components | 2.36% |
|
Xiamen Leading Optics Co Ltd
SHG:605118 |
Electronic Components | 4.95% |
|
XiaMen HongXin Electron-tech Co Ltd
SHE:300657 |
Electronic Components | 0.35% |
Zhejiang Huazheng New Material Asset Resilience Ratio by Year (2017–2023)
Zhejiang Huazheng New Material asset resilience ratio by year from 2017 to 2023. The table below shows the annual Asset Resilience Ratio data for Zhejiang Huazheng New Material.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.01% | CN¥718.10K ≈ $105.08K |
CN¥5.79 Billion ≈ $847.60 Million |
-0.03pp |
| 2022-12-31 | 0.05% | CN¥2.61 Million ≈ $382.00K |
CN¥5.64 Billion ≈ $825.34 Million |
+0.03pp |
| 2021-12-31 | 0.01% | CN¥619.85K ≈ $90.70K |
CN¥5.10 Billion ≈ $745.93 Million |
-5.52pp |
| 2020-12-31 | 5.53% | CN¥191.90 Million ≈ $28.08 Million |
CN¥3.47 Billion ≈ $507.36 Million |
+5.52pp |
| 2019-12-31 | 0.02% | CN¥472.32K ≈ $69.12K |
CN¥2.41 Billion ≈ $352.83 Million |
0.00pp |
| 2017-12-31 | 0.02% | CN¥373.30K ≈ $54.63K |
CN¥1.76 Billion ≈ $258.12 Million |
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About Zhejiang Huazheng New Material
Zhejiang Wazam New Materials Co.,LTD. engages in the research, development, design, production, and sale of copper clad plate , composite materials, and membrane materials. It provides copper clad laminates, aluminum-plastic films, bonded sheet, functional composite materials, and composite materials for transportation and logistics. The company's products are used in 5G communications, servers, … Read more