Xinjiang Sailing Information Technology Co Ltd - Asset Resilience Ratio

Latest as of March 2023: 16.78%

Xinjiang Sailing Information Technology Co Ltd (300588) has an Asset Resilience Ratio of 16.78% as of March 2023. 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 Xinjiang Sailing Information Technology carry for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥142.00 Million
≈ $20.78 Million USD Cash + Short-term Investments

Total Assets

CN¥846.41 Million
≈ $123.86 Million USD All company assets

Resilience Assessment

Good
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2021)

This chart shows how Xinjiang Sailing Information Technology Co Ltd's Asset Resilience Ratio has changed over time. See Xinjiang Sailing Information Technology (300588) net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Xinjiang Sailing Information Technology 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 300588 market cap overview.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥142.00 Million 16.78%
Total Liquid Assets CN¥142.00 Million 16.78%

Asset Resilience Insights

  • Good Liquidity Position: Xinjiang Sailing Information Technology Co Ltd maintains a healthy 16.78% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company has significant short-term investments, indicating active treasury management.

Xinjiang Sailing Information Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Xinjiang Sailing Information Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Shanghai Baosight Software Co Ltd A
SHG:600845
Software - Application 0.04%
Workiva Inc
NYSE:WK
Software - Application 37.02%
Dave Inc
NASDAQ:DAVE
Software - Application 8.37%
Sinosoft Co Ltd
SHG:603927
Software - Application 0.00%
ZWSOFT Guangzhou Co Ltd
SHG:688083
Software - Application 54.62%
Hangzhou Pinming Software Co. Ltd. A
SHG:688109
Software - Application 10.41%
Beijing Join-Cheer Software Co Ltd
SHE:002279
Software - Application 16.29%
Changzhou Youon Pubilic Bicycle System Co Ltd
SHG:603776
Software - Application 56.44%

Annual Asset Resilience Ratio for Xinjiang Sailing Information Technology Co Ltd (2021–2021)

The table below shows the annual Asset Resilience Ratio data for Xinjiang Sailing Information Technology Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-12-31 11.05% CN¥110.00 Million
≈ $16.10 Million
CN¥995.32 Million
≈ $145.65 Million
--
pp = percentage points

About Xinjiang Sailing Information Technology Co Ltd

SHE:300588 China Software - Application
Market Cap
$675.52 Million
CN¥4.62 Billion CNY
Market Cap Rank
#11022 Global
#3268 in China
Share Price
CN¥24.11
Change (1 day)
+0.54%
52-Week Range
CN¥11.86 - CN¥32.40
All Time High
CN¥33.59
About

Xinjiang Sailing Information Technology Co., Ltd. provides big data intelligent application software and network security assessment services in the fields of public security and smart cities in China. The company offers gateway solutions, including audio and video access, video application, and data access gateways; big data platform solutions; and public safety solutions, such as public securit… Read more