Zhejiang Tengen Electrics Co Ltd - Asset Resilience Ratio
Zhejiang Tengen Electrics Co Ltd (605066) has an Asset Resilience Ratio of 0.64% as of June 2025. 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 Tengen Electrics Co Ltd (605066) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2023–2024)
This chart shows how Zhejiang Tengen Electrics Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Zhejiang Tengen Electrics Co Ltd total assets.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Tengen Electrics Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read debt load of Zhejiang Tengen Electrics Co Ltd for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥20.03 Million | 0.64% |
| Total Liquid Assets | CN¥20.03 Million | 0.64% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Tengen Electrics Co Ltd maintains only 0.64% 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 Tengen Electrics Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Tengen Electrics Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Gold Circuit Electronics Ltd
TW:2368 |
Electronic Components | 0.52% |
|
Shennan Circuits Co Ltd Class A
SHE:002916 |
Electronic Components | 1.57% |
|
Goldenmax International Technology Ltd
SHE:002636 |
Electronic Components | 2.56% |
|
LG Innotek Co Ltd
KO:011070 |
Electronic Components | 0.01% |
|
Shanghai Wanye Enterprises Co Ltd
SHG:600641 |
Electronic Components | 0.06% |
|
Suzhou HYC Technology Co Ltd
SHG:688001 |
Electronic Components | 0.06% |
|
Co-Tech Development
TWO:8358 |
Electronic Components | 0.16% |
|
Long Young Electronic (Kunshan) Co. Ltd. A
SHE:301389 |
Electronic Components | 27.28% |
Annual Asset Resilience Ratio for Zhejiang Tengen Electrics Co Ltd (2023–2024)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Tengen Electrics Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 2.39% | CN¥75.70 Million ≈ $11.08 Million |
CN¥3.17 Billion ≈ $463.37 Million |
+2.09pp |
| 2023-12-31 | 0.30% | CN¥10.47 Million ≈ $1.53 Million |
CN¥3.46 Billion ≈ $506.20 Million |
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About Zhejiang Tengen Electrics Co Ltd
Zhejiang Tengen Electrics Co.,Ltd. manufactures and sells industrial electrical products in China. The company offers low-voltage power distribution and control appliances, intelligent instruments, power supplies, frequency converters, high-voltage electrical appliances, and building electrical appliances. It also provides power distribution electrics, such as air circuit breaker, moulded case ci… Read more