Zhejiang He Chuan Technology Corp. Ltd. A - Asset Resilience Ratio

Latest as of September 2023: 2.24%

Zhejiang He Chuan Technology Corp. Ltd. A (688320) has an Asset Resilience Ratio of 2.24% as of September 2023. 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 He Chuan Technology Corp. Ltd. (688320) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥50.00 Million
≈ $7.32 Million USD Cash + Short-term Investments

Total Assets

CN¥2.23 Billion
≈ $327.03 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Zhejiang He Chuan Technology Corp. Ltd. A's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Zhejiang He Chuan Technology Corp. Ltd. assets under control.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang He Chuan Technology Corp. Ltd. A's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Zhejiang He Chuan Technology Corp. Ltd. balance sheet liabilities 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¥50.00 Million 2.24%
Total Liquid Assets CN¥50.00 Million 2.24%

Asset Resilience Insights

  • Limited Liquidity: Zhejiang He Chuan Technology Corp. Ltd. A maintains only 2.24% 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 He Chuan Technology Corp. Ltd. A Industry Peers by Asset Resilience Ratio

Compare Zhejiang He Chuan Technology Corp. Ltd. A's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
ASRock Inc
TW:3515
Computer Hardware 7.55%
Micro-Star International Co Ltd
TW:2377
Computer Hardware 0.14%
Robotis Co.Ltd
KQ:108490
Computer Hardware 40.44%
Toyou Feiji Electronics Co Ltd
SHE:300302
Computer Hardware 1.52%
Aroot Co. Ltd
KQ:096690
Computer Hardware 1.60%
ASolid Technology Co Ltd
TWO:6485
Computer Hardware 1.04%
Ordissimo
PA:ALORD
Computer Hardware 0.08%
Rocketdna Ltd
AU:RKT
Computer Hardware 34.17%

Annual Asset Resilience Ratio for Zhejiang He Chuan Technology Corp. Ltd. A (None–None)

The table below shows the annual Asset Resilience Ratio data for Zhejiang He Chuan Technology Corp. Ltd. A.

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

About Zhejiang He Chuan Technology Corp. Ltd. A

SHG:688320 China Computer Hardware
Market Cap
$742.49 Million
CN¥5.07 Billion CNY
Market Cap Rank
#10351 Global
#2784 in China
Share Price
CN¥33.60
Change (1 day)
+1.76%
52-Week Range
CN¥25.98 - CN¥50.10
All Time High
CN¥74.23
About

Zhejiang Hechuan Technology Co., Ltd. engages in the research and development, production, sale, and application integration of industrial automation products in China and internationally. The company offers control technology, such as PLC, PAC, HMI, and IO SYS; motion control, including servo drive and motors; VFDS industrial transmissions; joint actuator and motor humanoid robot; photovoltaic a… Read more