Qingdao Daneng Environmental Protection Equipment Co Ltd

SHG:688501 China Specialty Industrial Machinery
Market Cap
$451.38 Million
CN¥3.31 Billion CNY
Market Cap Rank
#12934 Global
#3261 in China
Share Price
CN¥26.66
Change (1 day)
-2.45%
52-Week Range
CN¥18.00 - CN¥32.70
All Time High
CN¥32.70
About

Qingdao Daneng Environmental Protection Equipment Co., Ltd. engages in the design, manufacture, and sale of energy-saving and environmental protection equipment in China. The company provides slag energy saving and environmental protection treatment systems, such as dry slag and wet slag, and CFB boiler slag treatment systems; flue gas energy saving and environmental protection treatment systems;… Read more

Qingdao Daneng Environmental Protection Equipment Co Ltd - Asset Resilience Ratio

Latest as of December 2024: 0.98%

Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) has an Asset Resilience Ratio of 0.98% as of December 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¥30.00 Million
Cash + Short-term Investments
Total Assets
CN¥3.08 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2024)

This chart shows how Qingdao Daneng Environmental Protection Equipment Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Qingdao Daneng Environmental Protection Equipment Co Ltd'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¥30.00 Million 0.98%
Total Liquid Assets CN¥30.00 Million 0.98%

Asset Resilience Insights

  • Limited Liquidity: Qingdao Daneng Environmental Protection Equipment Co Ltd maintains only 0.98% 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.

Qingdao Daneng Environmental Protection Equipment Co Ltd Industry Peers by Asset Resilience Ratio

Compare Qingdao Daneng Environmental Protection Equipment Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Hanil Vacuum Co. Ltd
KQ:123840
Specialty Industrial Machinery 0.02%
Ivisionworks Co.,Ltd.
KQ:469750
Specialty Industrial Machinery 37.88%
Huayi Compressor Co Ltd
SHE:000404
Specialty Industrial Machinery 1.38%
Shenyang Machine Tool Co Ltd
SHE:000410
Specialty Industrial Machinery -6.78%
North Industries Group Red Arrow Co Ltd
SHE:000519
Specialty Industrial Machinery 0.33%
Changchai Co Ltd
SHE:000570
Specialty Industrial Machinery 6.78%
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
Specialty Industrial Machinery 1.07%
Baota Industry Co Ltd
SHE:000595
Specialty Industrial Machinery 1.20%

Annual Asset Resilience Ratio for Qingdao Daneng Environmental Protection Equipment Co Ltd (2021–2024)

The table below shows the annual Asset Resilience Ratio data for Qingdao Daneng Environmental Protection Equipment Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.98% CN¥30.00 Million CN¥3.08 Billion +0.46pp
2023-12-31 0.52% CN¥10.00 Million CN¥1.93 Billion -4.46pp
2022-12-31 4.98% CN¥84.00 Million CN¥1.69 Billion -0.39pp
2021-12-31 5.37% CN¥75.95 Million CN¥1.41 Billion --
pp = percentage points