Iflytek Co Ltd Asset Resilience Ratio
Iflytek Co Ltd asset resilience ratio. Iflytek Co Ltd (002230) has an Asset Resilience Ratio of -4.18% 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. See how many days can Iflytek Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Iflytek Co Ltd (2013–2021)
Asset resilience ratio of Iflytek Co Ltd from 2013 to 2021. This chart shows how Iflytek Co Ltd's Asset Resilience Ratio has changed over time. Read Iflytek Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Iflytek 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 Iflytek Co Ltd assets under control.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-1.55 Billion | -4.18% |
| Total Liquid Assets | CN¥-1.55 Billion | -4.18% |
Asset Resilience Insights
- Limited Liquidity: Iflytek Co Ltd maintains only -4.18% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Iflytek Co Ltd Industry Peers by Asset Resilience Ratio
Compare Iflytek Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Xero Ltd
AU:XRO |
Software - Application | 18.62% |
|
Duolingo Inc
NASDAQ:DUOL |
Software - Application | 6.41% |
|
Shenzhen Fortune Trend Technology Co Ltd
SHG:688318 |
Software - Application | 36.37% |
|
Wealthfront Corporation Common Stock
NASDAQ:WLTH |
Software - Application | 45.82% |
|
Securitize Corp.
NYSE:SECZ |
Software - Application | 9.94% |
|
Hangzhou Raycloud Technology Co Ltd
SHG:688365 |
Software - Application | 3.41% |
|
AGORA INC. SP.ADS/4 CL.A
F:9AG1 |
Software - Application | 32.40% |
|
ButOne Information Corp XiAn
SHG:600455 |
Software - Application | 0.05% |
Iflytek Co Ltd Asset Resilience Ratio by Year (2013–2021)
Iflytek Co Ltd asset resilience ratio by year from 2013 to 2021. The table below shows the annual Asset Resilience Ratio data for Iflytek Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 1.59% | CN¥500.00 Million ≈ $73.17 Million |
CN¥31.39 Billion ≈ $4.59 Billion |
-1.86pp |
| 2019-12-31 | 3.45% | CN¥687.51 Million ≈ $100.60 Million |
CN¥19.90 Billion ≈ $2.91 Billion |
+2.81pp |
| 2018-12-31 | 0.65% | CN¥100.00 Million ≈ $14.63 Million |
CN¥15.40 Billion ≈ $2.25 Billion |
-2.16pp |
| 2017-12-31 | 2.81% | CN¥375.02 Million ≈ $54.88 Million |
CN¥13.34 Billion ≈ $1.95 Billion |
+1.40pp |
| 2016-12-31 | 1.41% | CN¥147.00 Million ≈ $21.51 Million |
CN¥10.41 Billion ≈ $1.52 Billion |
-0.85pp |
| 2015-12-31 | 2.26% | CN¥190.00 Million ≈ $27.80 Million |
CN¥8.39 Billion ≈ $1.23 Billion |
+2.24pp |
| 2013-12-31 | 0.02% | CN¥1.00 Million ≈ $146.33K |
CN¥4.33 Billion ≈ $633.25 Million |
-- |
About Iflytek Co Ltd
iFLYTEK CO.,LTD, together with its subsidiaries, provides intelligent speech and technology solutions and services in China and internationally. The company offers smart recorder, translator, voicebook, dictionary pen, space products, and microphones; AINOTE, a voice transcription device; Spark Trans, a multilingual simultaneous interpreting system; Deepting, an AI-powered transcription tool; and… Read more