Yangtze Optical Fibre And Cable Joint Stock Limited Company

PINK:YZOFF USA Communication Equipment
Market Cap
$362.11 Million
Market Cap Rank
#12303 Global
#5322 in USA
Share Price
$1.03
Change (1 day)
+0.00%
52-Week Range
$1.03 - $1.03
All Time High
$1.03
About

Yangtze Optical Fibre And Cable Joint Stock Limited Company engages in the production and sale of optical fiber preforms, optical fiber, optical fiber cables, and integrated solutions in China and internationally. The company provides cutting edge products; optical fiber preforms, coating, and silicon tetrachloride; quartz mineral; communication optical fire; cable products; specialty fibers, opt… Read more

Yangtze Optical Fibre And Cable Joint Stock Limited Company - Asset Resilience Ratio

Latest as of September 2024: 5.45%

Yangtze Optical Fibre And Cable Joint Stock Limited Company (YZOFF) has an Asset Resilience Ratio of 5.45% as of September 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
$1.67 Billion
Cash + Short-term Investments
Total Assets
$30.62 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2013–2024)

This chart shows how Yangtze Optical Fibre And Cable Joint Stock Limited Company's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Yangtze Optical Fibre And Cable Joint Stock Limited Company'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 $0.00 0%
Short-term Investments $1.67 Billion 5.45%
Total Liquid Assets $1.67 Billion 5.45%

Asset Resilience Insights

  • Limited Liquidity: Yangtze Optical Fibre And Cable Joint Stock Limited Company maintains only 5.45% 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.

Yangtze Optical Fibre And Cable Joint Stock Limited Company Industry Peers by Asset Resilience Ratio

Compare Yangtze Optical Fibre And Cable Joint Stock Limited Company's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Gaon Cable
KO:000500
Communication Equipment 3.75%
Addsino Co Ltd
SHE:000547
Communication Equipment 0.61%
Sichuan Huiyuan Optical Com
SHE:000586
Communication Equipment 0.35%
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
Communication Equipment 0.05%
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
Communication Equipment 1.86%
Skyworth Digital Co Ltd
SHE:000810
Communication Equipment 1.40%
Gohigh Data Networks Technology Co Ltd
SHE:000851
Communication Equipment 0.73%
Shenzhen Coship Electronics Co Ltd
SHE:002052
Communication Equipment -13.53%

Annual Asset Resilience Ratio for Yangtze Optical Fibre And Cable Joint Stock Limited Company (2013–2024)

The table below shows the annual Asset Resilience Ratio data for Yangtze Optical Fibre And Cable Joint Stock Limited Company.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 4.53% $1.44 Billion $31.73 Billion +0.93pp
2023-12-31 3.60% $1.05 Billion $29.14 Billion -1.18pp
2022-12-31 4.78% $1.35 Billion $28.20 Billion -3.08pp
2021-12-31 7.86% $1.53 Billion $19.48 Billion +2.23pp
2020-12-31 5.62% $891.83 Million $15.86 Billion +5.55pp
2019-12-31 0.07% $9.90 Million $13.78 Billion -0.18pp
2018-12-31 0.26% $32.91 Million $12.89 Billion -0.20pp
2017-12-31 0.46% $42.11 Million $9.17 Billion -2.58pp
2016-12-31 3.04% $248.80 Million $8.18 Billion +2.95pp
2015-12-31 0.09% $6.86 Million $7.58 Billion +0.00pp
2014-12-31 0.09% $5.84 Million $6.59 Billion -0.03pp
2013-12-31 0.12% $5.94 Million $5.01 Billion --
pp = percentage points