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
≈ $146.33K USD Cash + Short-term Investments

Total Assets

CN¥3.91 Billion
≈ $571.94 Million USD 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. See Zhejiang Power New Energy Co. Ltd. A (688184) financial flexibility to measure the company's free cash flow as a share of total liabilities.

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. For market capitalisation and broader financial context, see 688184 stock market capitalisation.

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
Nippon Sanso Holdings Corp.
NYSE:NPXYY
Chemicals 0.68%
Xinfengming Group Co Ltd
SHG:603225
Chemicals 0.00%
Guizhou Chanhen Chemical Corp
SHE:002895
Chemicals 0.49%
Zhejiang Yongtai Technology Co Ltd
SHE:002326
Chemicals 0.00%
Guangzhou Lingwe Technology Co. Ltd. A
SHE:301373
Chemicals 4.74%
Sinofibers Technology Co Ltd
SHE:300777
Chemicals 21.94%
Shandong Fengyuan Chemical Co Ltd
SHE:002805
Chemicals 0.18%
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
Chemicals 9.55%

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

About Zhejiang Power New Energy Co. Ltd. A

SHG:688184 China Chemicals
Market Cap
$235.31 Million
CN¥1.61 Billion CNY
Market Cap Rank
#15882 Global
#4564 in China
Share Price
CN¥10.26
Change (1 day)
-3.84%
52-Week Range
CN¥9.05 - CN¥14.31
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. In addition, the com… Read more