Gohigh Data Networks Technology Co Ltd

SHE:000851 China Communication Equipment
Market Cap
$59.97 Million
CN¥439.99 Million CNY
Market Cap Rank
#21084 Global
#4639 in China
Share Price
CN¥0.38
Change (1 day)
+0.00%
52-Week Range
CN¥0.38 - CN¥2.95
All Time High
CN¥11.73
About

Gohigh Networks Co.,Ltd. engages in digital intelligence application, information service, and IT sales business in China. The company offers industrial internet, internet of vehicles chip, and cloud computing services, as well as IDC and digital marketing services. It also offers mobile Internet services and BPO services. The company was formerly known as Gohigh Data Networks Technology Co., Ltd… Read more

Gohigh Data Networks Technology Co Ltd - Asset Resilience Ratio

Latest as of March 2024: 0.73%

Gohigh Data Networks Technology Co Ltd (000851) has an Asset Resilience Ratio of 0.73% 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¥50.00 Million
Cash + Short-term Investments
Total Assets
CN¥6.89 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2007–2023)

This chart shows how Gohigh Data Networks Technology 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 Gohigh Data Networks Technology 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¥50.00 Million 0.73%
Total Liquid Assets CN¥50.00 Million 0.73%

Asset Resilience Insights

  • Limited Liquidity: Gohigh Data Networks Technology Co Ltd maintains only 0.73% 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.

Gohigh Data Networks Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Gohigh Data Networks Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Vemanti Group Inc
PINK:VMNT
Communication Equipment 0.00%
Shenzhen SDG Information Co Ltd
SHE:000070
Communication Equipment 0.96%
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%
Skyworth Digital Co Ltd
SHE:000810
Communication Equipment 1.40%
Shenzhen Coship Electronics Co Ltd
SHE:002052
Communication Equipment -13.53%

Annual Asset Resilience Ratio for Gohigh Data Networks Technology Co Ltd (2007–2023)

The table below shows the annual Asset Resilience Ratio data for Gohigh Data Networks Technology Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.60% CN¥50.00 Million CN¥8.30 Billion -0.07pp
2022-12-31 0.67% CN¥70.00 Million CN¥10.39 Billion +4.18pp
2021-12-31 -3.50% CN¥-343.71 Million CN¥9.81 Billion -4.00pp
2020-12-31 0.50% CN¥50.00 Million CN¥10.00 Billion -0.04pp
2019-12-31 0.54% CN¥50.00 Million CN¥9.33 Billion +5.57pp
2018-12-31 -5.04% CN¥-440.18 Million CN¥8.74 Billion -0.24pp
2017-12-31 -4.80% CN¥-391.78 Million CN¥8.17 Billion -0.44pp
2016-12-31 -4.36% CN¥-338.09 Million CN¥7.76 Billion -0.31pp
2015-12-31 -4.04% CN¥-262.36 Million CN¥6.49 Billion -0.29pp
2014-12-31 -3.75% CN¥-231.66 Million CN¥6.18 Billion -1.20pp
2013-12-31 -2.55% CN¥-140.62 Million CN¥5.51 Billion -1.80pp
2008-12-31 -0.76% CN¥-8.63 Million CN¥1.14 Billion --
2007-12-31 0.00% CN¥0.00 CN¥986.02 Million --
pp = percentage points