Netac Tech - Asset Resilience Ratio
Netac Tech (300042) has an Asset Resilience Ratio of 41.77% as of June 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. Check 300042 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2022)
This chart shows how Netac Tech's Asset Resilience Ratio has changed over time. See debt-free asset ratio of Netac Tech to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Netac Tech's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Netac Tech stock valuation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥575.53 Million | 41.77% |
| Total Liquid Assets | CN¥575.53 Million | 41.77% |
Asset Resilience Insights
- Very High Liquidity: Netac Tech maintains exceptional liquid asset reserves at 41.77% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Netac Tech Industry Peers by Asset Resilience Ratio
Compare Netac Tech's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Wiwynn Corp
TW:6669 |
Computer Hardware | 0.00% |
|
Tsinghuatongfang Co Ltd
SHG:600100 |
Computer Hardware | 0.02% |
|
Rocketdna Ltd
AU:RKT |
Computer Hardware | 34.17% |
|
333D Ltd
AU:T3D |
Computer Hardware | 23.77% |
|
Positivo Tecnologia S.A
SA:POSI3 |
Computer Hardware | 16.72% |
|
Hangzhou Hikvision Digital Technology Co Ltd
SHE:002415 |
Computer Hardware | 0.00% |
|
Shenzhen Longsys Electronics Co. Ltd. A
SHE:301308 |
Computer Hardware | 0.36% |
|
Dawning Information Industry Co Ltd
SHG:603019 |
Computer Hardware | 0.00% |
Annual Asset Resilience Ratio for Netac Tech (2015–2022)
The table below shows the annual Asset Resilience Ratio data for Netac Tech.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 20.34% | CN¥275.53 Million ≈ $40.32 Million |
CN¥1.35 Billion ≈ $198.26 Million |
-20.13pp |
| 2021-12-31 | 40.47% | CN¥508.90 Million ≈ $74.47 Million |
CN¥1.26 Billion ≈ $184.02 Million |
-0.36pp |
| 2020-12-31 | 40.82% | CN¥481.36 Million ≈ $70.44 Million |
CN¥1.18 Billion ≈ $172.54 Million |
-3.58pp |
| 2019-12-31 | 44.40% | CN¥482.04 Million ≈ $70.54 Million |
CN¥1.09 Billion ≈ $158.85 Million |
-3.66pp |
| 2018-12-31 | 48.06% | CN¥480.00 Million ≈ $70.24 Million |
CN¥998.76 Million ≈ $146.15 Million |
+3.93pp |
| 2017-12-31 | 44.13% | CN¥420.00 Million ≈ $61.46 Million |
CN¥951.70 Million ≈ $139.26 Million |
+17.40pp |
| 2016-12-31 | 26.73% | CN¥247.10 Million ≈ $36.16 Million |
CN¥924.53 Million ≈ $135.29 Million |
+24.46pp |
| 2015-12-31 | 2.27% | CN¥20.00 Million ≈ $2.93 Million |
CN¥882.55 Million ≈ $129.14 Million |
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About Netac Tech
Netac Technology Co., Ltd. engages in the research and development, production, and sale of storage products in the People's Republic of China and internationally. The company offers solid state drives, external storage products, memory products, USB flash drives, memory cards, and peripheral products. Its products are used in mobile phones, tablets, computers, dashcams, cameras, drones, automoti… Read more