Shanghai HiTech Control System Asset Resilience Ratio

Latest as of September 2024: 1.36%

Shanghai HiTech Control System asset resilience ratio. Shanghai HiTech Control System (002184) has an Asset Resilience Ratio of 1.36% 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. See how many days can Shanghai HiTech Control System fund operations to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥50.06 Million
≈ $7.33 Million USD Cash + Short-term Investments

Total Assets

CN¥3.68 Billion
≈ $538.04 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Shanghai HiTech Control System (2016–2023)

Asset resilience ratio of Shanghai HiTech Control System from 2016 to 2023. This chart shows how Shanghai HiTech Control System's Asset Resilience Ratio has changed over time. Read Shanghai HiTech Control System total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Shanghai HiTech Control System'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 total assets of Shanghai HiTech Control System.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥50.06 Million 1.36%
Total Liquid Assets CN¥50.06 Million 1.36%

Asset Resilience Insights

  • Limited Liquidity: Shanghai HiTech Control System maintains only 1.36% 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.

Shanghai HiTech Control System Industry Peers by Asset Resilience Ratio

Compare Shanghai HiTech Control System's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Guangdong Aofei Data Technology Co Ltd Class A
SHE:300738
Information Technology Services 0.05%
Zhejiang Whyis Technology Co.Ltd.
SHE:301218
Information Technology Services 5.83%
SNP Schneider-Neureither & Partner SE
XETRA:SHF
Information Technology Services 14.62%
Shenzhen Sinovatio Technology Co Ltd Class A
SHE:002912
Information Technology Services 20.26%
Squirrel Media SA
MC:SQRL
Information Technology Services 0.96%
Korea Information Certificate Authority Inc
KQ:053300
Information Technology Services 16.73%
Envy Technologies Indonesia Tbk PT
JK:ENVY
Information Technology Services 0.00%
Boldt S.A
BA:BOLT
Information Technology Services 2.74%

Shanghai HiTech Control System Asset Resilience Ratio by Year (2016–2023)

Shanghai HiTech Control System asset resilience ratio by year from 2016 to 2023. The table below shows the annual Asset Resilience Ratio data for Shanghai HiTech Control System.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.56% CN¥25.00 Million
≈ $3.66 Million
CN¥4.50 Billion
≈ $658.18 Million
+0.25pp
2019-12-31 0.31% CN¥6.21 Million
≈ $908.09K
CN¥2.02 Billion
≈ $295.87 Million
-0.64pp
2018-12-31 0.94% CN¥20.00 Million
≈ $2.93 Million
CN¥2.12 Billion
≈ $310.64 Million
-1.38pp
2016-12-31 2.32% CN¥50.00 Million
≈ $7.32 Million
CN¥2.16 Billion
≈ $315.53 Million
--
pp = percentage points

About Shanghai HiTech Control System

SHE:002184 China Information Technology Services
Market Cap
$502.08 Million
CN¥3.43 Billion CNY
Market Cap Rank
#11826 Global
#3336 in China
Share Price
CN¥9.75
Change (1 day)
-1.22%
52-Week Range
CN¥8.89 - CN¥15.02
All Time High
CN¥3458.71
About

Shanghai Hi-Tech Control System Co., Ltd, together with its subsidiaries, engages in the manufacturing and system integration of industrial automation products in China and internationally. The company operates in three segments: Industrial Electrical Automation Business, Industrial Information Technology Business, and New Energy Business. It is involved in electrical automation; wholesale distri… Read more