Qingdao Daneng Environmental Protection Equipment Co Ltd Asset Resilience Ratio
Qingdao Daneng Environmental Protection Equipment Co Ltd asset resilience ratio. 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. See 688501 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Qingdao Daneng Environmental Protection Equipment Co Ltd (2021–2024)
Asset resilience ratio of Qingdao Daneng Environmental Protection Equipment Co Ltd from 2021 to 2024. This chart shows how Qingdao Daneng Environmental Protection Equipment Co Ltd's Asset Resilience Ratio has changed over time. Read debt load of Qingdao Daneng Environmental Protection for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see balance sheet size of Qingdao Daneng Environmental Protection .
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 |
|---|---|---|
|
NARI Technology Co Ltd
SHG:600406 |
Specialty Industrial Machinery | 16.07% |
|
Beijing Roborock Technology Co Ltd
SHG:688169 |
Specialty Industrial Machinery | 28.79% |
|
X-Energy, Inc. Class A Common Stock
NASDAQ:XE |
Specialty Industrial Machinery | 21.72% |
|
Zhejiang Kaishan Compressor
SHE:300257 |
Specialty Industrial Machinery | -1.03% |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415 |
Specialty Industrial Machinery | 1.19% |
|
Inox Wind Limited
NSE:INOXWIND |
Specialty Industrial Machinery | 5.16% |
|
Neway CNC Equipment Suzhou Co Ltd
SHG:688697 |
Specialty Industrial Machinery | 15.88% |
|
Hunan Yujing Machinery Co Ltd Class A
SHE:002943 |
Specialty Industrial Machinery | 0.99% |
Qingdao Daneng Environmental Protection Equipment Co Ltd Asset Resilience Ratio by Year (2021–2024)
Qingdao Daneng Environmental Protection Equipment Co Ltd asset resilience ratio by year from 2021 to 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 ≈ $4.39 Million |
CN¥3.08 Billion ≈ $450.09 Million |
+0.46pp |
| 2023-12-31 | 0.52% | CN¥10.00 Million ≈ $1.46 Million |
CN¥1.93 Billion ≈ $281.91 Million |
-4.46pp |
| 2022-12-31 | 4.98% | CN¥84.00 Million ≈ $12.29 Million |
CN¥1.69 Billion ≈ $246.92 Million |
-0.39pp |
| 2021-12-31 | 5.37% | CN¥75.95 Million ≈ $11.11 Million |
CN¥1.41 Billion ≈ $206.87 Million |
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About Qingdao Daneng Environmental Protection Equipment Co Ltd
Qingdao Daneng Environmental Protection Equipment Co., Ltd. engages in the design, manufacture, and sale of energy-saving and environmental protection equipment in China, Hong Kong, Macau, Taiwan, and internationally. 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 … Read more