Zhejiang Xinzhonggang Thermal Power Co Ltd - Asset Resilience Ratio

Latest as of March 2026: 11.97%

Zhejiang Xinzhonggang Thermal Power Co Ltd (605162) has an Asset Resilience Ratio of 11.97% as of March 2026. 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 working capital to net assets of Zhejiang Xinzhonggang Thermal Power Co L to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥221.37 Million
≈ $32.39 Million USD Cash + Short-term Investments

Total Assets

CN¥1.85 Billion
≈ $270.62 Million USD All company assets

Resilience Assessment

Moderate
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2025)

This chart shows how Zhejiang Xinzhonggang Thermal Power Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Zhejiang Xinzhonggang Thermal Power Co L asset portfolio.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Xinzhonggang Thermal Power Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read 605162 total debt and obligations 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¥221.37 Million 11.97%
Total Liquid Assets CN¥221.37 Million 11.97%

Asset Resilience Insights

  • Moderate Liquidity: Zhejiang Xinzhonggang Thermal Power Co Ltd has 11.97% of assets in liquid form.
  • While adequate for normal operations, this level may limit flexibility during economic stress.
  • The company has significant short-term investments, indicating active treasury management.

Zhejiang Xinzhonggang Thermal Power Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zhejiang Xinzhonggang Thermal Power Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Huaneng Lancang River Hydropower Inc Class A
SHG:600025
Utilities - Renewable 0.25%
Centrais Elétricas Brasileiras S.A. - Eletrobrás
SA:AXIA3
Utilities - Renewable 3.66%
VERBUND AG
VI:VER
Utilities - Renewable 0.01%
AXIA Energia
NYSE:AXIA
Utilities - Renewable 3.66%
CECEP Solar Energy Co Ltd
SHE:000591
Utilities - Renewable 0.19%
Solaria Energía y Medio Ambiente S.A
MC:SLR
Utilities - Renewable 0.42%
Chongqing Three Gorges Water Conservancy and Electric Power Co Ltd
SHG:600116
Utilities - Renewable 1.75%
Jiangsu New Energy Development Co Ltd
SHG:603693
Utilities - Renewable 1.58%

Annual Asset Resilience Ratio for Zhejiang Xinzhonggang Thermal Power Co Ltd (2016–2025)

The table below shows the annual Asset Resilience Ratio data for Zhejiang Xinzhonggang Thermal Power Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2025-12-31 6.50% CN¥120.02 Million
≈ $17.56 Million
CN¥1.85 Billion
≈ $270.03 Million
+1.19pp
2024-12-31 5.32% CN¥100.27 Million
≈ $14.67 Million
CN¥1.89 Billion
≈ $275.87 Million
+1.89pp
2023-12-31 3.43% CN¥60.06 Million
≈ $8.79 Million
CN¥1.75 Billion
≈ $256.20 Million
-0.24pp
2021-12-31 3.67% CN¥50.09 Million
≈ $7.33 Million
CN¥1.36 Billion
≈ $199.70 Million
+3.43pp
2016-12-31 0.24% CN¥1.69 Million
≈ $246.97K
CN¥692.44 Million
≈ $101.33 Million
--
pp = percentage points

About Zhejiang Xinzhonggang Thermal Power Co Ltd

SHG:605162 China Utilities - Renewable
Market Cap
$645.44 Million
CN¥4.41 Billion CNY
Market Cap Rank
#11089 Global
#3089 in China
Share Price
CN¥10.68
Change (1 day)
+3.29%
52-Week Range
CN¥6.98 - CN¥15.48
All Time High
CN¥15.75
About

Zhejiang Xinzhonggang Thermal Power Co., LTD. engages in the production and sale of electricity and heat in China. It is also involved in the coal trading; compressed air; production and sales of RDF fuel rods; and power transmission business. The company was founded in 1997 and is headquartered in Shengzhou, China.