Zhejiang Power New Energy Co. Ltd. A

SHG:688184 China Chemicals
Market Cap
$214.82 Million
CN¥1.58 Billion CNY
Market Cap Rank
#18349 Global
#4593 in China
Share Price
CN¥9.91
Change (1 day)
+0.10%
52-Week Range
CN¥8.74 - CN¥12.53
All Time High
CN¥34.67
About

Zhejiang Power New Energy Co., Ltd. engages in the research, development, production, and sale of lithium-ion battery ternary cathode material precursors in China. The company offers ternary cathode material precursors, which are used in electric vehicles, mobile phones, laptops, power tools, electric bicycles, and other fields. It also provides pre-sale and in-sale services. The company was foun… Read more

Zhejiang Power New Energy Co. Ltd. A - Asset Resilience Ratio

Latest as of March 2024: 0.03%

Zhejiang Power New Energy Co. Ltd. A (688184) has an Asset Resilience Ratio of 0.03% as of March 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.

Liquid Assets
CN¥1.00 Million
Cash + Short-term Investments
Total Assets
CN¥3.91 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Zhejiang Power New Energy Co. Ltd. A's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Power New Energy Co. Ltd. A's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥1.00 Million 0.03%
Total Liquid Assets CN¥1.00 Million 0.03%

Asset Resilience Insights

  • Limited Liquidity: Zhejiang Power New Energy Co. Ltd. A maintains only 0.03% 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 Power New Energy Co. Ltd. A Industry Peers by Asset Resilience Ratio

Compare Zhejiang Power New Energy Co. Ltd. A's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Fauji Fertilizer Bin Qasim Ltd
KAR:FFBL
Chemicals 15.65%
Yunnan Yunwei Co Ltd Class A
SHG:600725
Chemicals 11.58%
Rifa Ind
KO:000760
Chemicals 4.05%
North Huajin Chemical Industries Co Ltd
SHE:000059
Chemicals -1.48%
Sichuan Chemical Co Ltd
SHE:000155
Chemicals 3.90%
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
Chemicals 0.00%
Zangge Holding Co Ltd
SHE:000408
Chemicals 0.32%
Sichuan Jinlu Group Co Ltd
SHE:000510
Chemicals 0.76%

Annual Asset Resilience Ratio for Zhejiang Power New Energy Co. Ltd. A (None–None)

The table below shows the annual Asset Resilience Ratio data for Zhejiang Power New Energy Co. Ltd. A.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points