Zhejiang Tiantai Xianghe Industrial Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.06%

Zhejiang Tiantai Xianghe Industrial Co Ltd (603500) has an Asset Resilience Ratio of 0.06% 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. Check asset allocation strategy of Zhejiang Tiantai Xianghe Industrial Co L to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥800.00K

≈ $117.07K USD Cash + Short-term Investments

Total Assets

CN¥1.27 Billion

≈ $186.56 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2017–2023)

This chart shows how Zhejiang Tiantai Xianghe Industrial Co Ltd's Asset Resilience Ratio has changed over time. See Zhejiang Tiantai Xianghe Industrial Co L (603500) balance sheet quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Tiantai Xianghe Industrial 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 603500 market cap.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥800.00K	0.06%
Total Liquid Assets	CN¥800.00K	0.06%

Asset Resilience Insights

Limited Liquidity: Zhejiang Tiantai Xianghe Industrial Co Ltd maintains only 0.06% 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 Tiantai Xianghe Industrial Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zhejiang Tiantai Xianghe Industrial Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Beijing-Shanghai High Speed Railway Co Ltd SHG:601816	Railroads	0.37%
China Railway Tielong Container Logistics Co Ltd SHG:600125	Railroads	1.06%
Hainan Haiqi Transportation Group Co Ltd SHG:603069	Railroads	0.80%
Qingdao Victall Railway Co Ltd SHG:605001	Railroads	0.02%
ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft F:HVB	Railroads	9.54%
Express Transindo Utama Tbk JK:TAXI	Railroads	1.82%
Kelsian Group Ltd AU:KLS	Railroads	0.27%
Engenco Ltd AU:EGN	Railroads	0.00%

Annual Asset Resilience Ratio for Zhejiang Tiantai Xianghe Industrial Co Ltd (2017–2023)

The table below shows the annual Asset Resilience Ratio data for Zhejiang Tiantai Xianghe Industrial Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	6.13%	CN¥75.00 Million ≈ $10.97 Million	CN¥1.22 Billion ≈ $178.98 Million	+4.25pp
2022-12-31	1.88%	CN¥21.70 Million ≈ $3.18 Million	CN¥1.15 Billion ≈ $168.95 Million	+0.50pp
2021-12-31	1.38%	CN¥15.00 Million ≈ $2.19 Million	CN¥1.08 Billion ≈ $158.75 Million	-0.69pp
2020-12-31	2.08%	CN¥20.00 Million ≈ $2.93 Million	CN¥962.98 Million ≈ $140.91 Million	-29.04pp
2017-12-31	31.12%	CN¥270.00 Million ≈ $39.51 Million	CN¥867.61 Million ≈ $126.96 Million	--

pp = percentage points

About Zhejiang Tiantai Xianghe Industrial Co Ltd

SHG:603500 China Railroads

Market Cap

$675.91 Million

CN¥4.62 Billion CNY

Market Cap Rank

#10912 Global

#3059 in China

Share Price

CN¥13.88

Change (1 day)

+2.06%

52-Week Range

CN¥8.73 - CN¥14.01

All Time High

CN¥20.82