Shenzhen Refond Optoelectronics Co Ltd - Asset Resilience Ratio

Latest as of June 2024: 0.07%

Shenzhen Refond Optoelectronics Co Ltd (300241) has an Asset Resilience Ratio of 0.07% 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. Read how much debt does Shenzhen Refond Optoelectronics Co Ltd carry for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥2.22 Million
≈ $324.31K USD Cash + Short-term Investments

Total Assets

CN¥3.30 Billion
≈ $482.87 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2023)

This chart shows how Shenzhen Refond Optoelectronics Co Ltd's Asset Resilience Ratio has changed over time. See 300241 total equity for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Shenzhen Refond Optoelectronics Co Ltd'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 market value of Shenzhen Refond Optoelectronics Co Ltd.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥2.22 Million 0.07%
Total Liquid Assets CN¥2.22 Million 0.07%

Asset Resilience Insights

  • Limited Liquidity: Shenzhen Refond Optoelectronics Co Ltd maintains only 0.07% 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.

Shenzhen Refond Optoelectronics Co Ltd Industry Peers by Asset Resilience Ratio

Compare Shenzhen Refond Optoelectronics Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Taiwan Semiconductor Manufacturing Co. Ltd.
TW:2330
Semiconductors 3.79%
MediaTek Inc
TW:2454
Semiconductors 1.67%
Yuanjie Semiconductor Technology Co. Ltd. A
SHG:688498
Semiconductors 6.43%
Nexchip Semiconductor Corp. A
SHG:688249
Semiconductors 3.07%
Loongson Technology Corp. Ltd. A
SHG:688047
Semiconductors 11.87%
Ingenic Semiconductor
SHE:300223
Semiconductors 6.63%
Novatek Microelectronics Corp
TW:3034
Semiconductors 0.26%
Shannon Semiconductor Technology Co Ltd
SHE:300475
Semiconductors 1.74%

Annual Asset Resilience Ratio for Shenzhen Refond Optoelectronics Co Ltd (2016–2023)

The table below shows the annual Asset Resilience Ratio data for Shenzhen Refond Optoelectronics Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 -6.95% CN¥-248.94 Million
≈ $-36.43 Million
CN¥3.58 Billion
≈ $524.23 Million
-0.35pp
2022-12-31 -6.60% CN¥-240.55 Million
≈ $-35.20 Million
CN¥3.65 Billion
≈ $533.60 Million
-6.63pp
2021-12-31 0.03% CN¥1.00 Million
≈ $146.33K
CN¥3.42 Billion
≈ $499.96 Million
+5.37pp
2020-12-31 -5.34% CN¥-119.52 Million
≈ $-17.49 Million
CN¥2.24 Billion
≈ $327.21 Million
-0.64pp
2019-12-31 -4.70% CN¥-100.08 Million
≈ $-14.65 Million
CN¥2.13 Billion
≈ $311.31 Million
-5.01pp
2018-12-31 0.31% CN¥7.47 Million
≈ $1.09 Million
CN¥2.41 Billion
≈ $353.00 Million
-0.30pp
2017-12-31 0.61% CN¥14.64 Million
≈ $2.14 Million
CN¥2.40 Billion
≈ $351.07 Million
-2.62pp
2016-12-31 3.23% CN¥61.20 Million
≈ $8.95 Million
CN¥1.89 Billion
≈ $277.23 Million
--
pp = percentage points

About Shenzhen Refond Optoelectronics Co Ltd

SHE:300241 China Semiconductors
Market Cap
$698.85 Million
CN¥4.78 Billion CNY
Market Cap Rank
#10863 Global
#3202 in China
Share Price
CN¥6.82
Change (1 day)
-1.02%
52-Week Range
CN¥5.07 - CN¥7.77
All Time High
CN¥13.34
About

Shenzhen Refond Optoelectronics Co.,Ltd. engages in the manufacture and supply of lighting solutions worldwide. The company offers automotive interior and exterior lighting products; electrical products, including light sensing, infrared, optical coupler, and CHIP LED products; display products, such as backlit, touch display, RGB, and MINI direct display products; and lighting products comprisin… Read more