Zhejiang Tiantai Xianghe Industrial Co Ltd - Asset Resilience Ratio
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. Read 603500 current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
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 net assets of Zhejiang Tiantai Xianghe Industrial Co L for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Aurizon Holdings Ltd
AU:AZJ |
Railroads | 0.37% |
|
Beijing-Shanghai High Speed Railway Co Ltd
SHG:601816 |
Railroads | 0.37% |
|
TangYuan Electric
SHE:300789 |
Railroads | 3.39% |
|
Guangxi Wuzhou Communications Co Ltd
SHG:600368 |
Railroads | 0.03% |
|
ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft
F:HVB |
Railroads | 9.54% |
|
Kelsian Group Ltd
AU:KLS |
Railroads | 0.27% |
|
Engenco Ltd
AU:EGN |
Railroads | 0.00% |
|
Traffic Technologies Ltd
AU:TTI |
Railroads | 1.64% |
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 |
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About Zhejiang Tiantai Xianghe Industrial Co Ltd
Zhejiang Tiantai Xianghe Industrial Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of railway track fasteners, electronic components and accessories, and polymer modified materials in China and internationally. The company offers rubber sealing plugs for aluminum electrolytic capacitors, terminal (horn) capacitor covers, bases for surface moun… Read more