Quectel Wireless Solutions Co Ltd - Asset Resilience Ratio

Latest as of June 2023: 0.39%

Quectel Wireless Solutions Co Ltd (603236) has an Asset Resilience Ratio of 0.39% as of June 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.

Liquid Assets

CN¥42.55 Million
≈ $6.23 Million USD Cash + Short-term Investments

Total Assets

CN¥10.97 Billion
≈ $1.60 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2022)

This chart shows how Quectel Wireless Solutions Co Ltd's Asset Resilience Ratio has changed over time. Check 603236 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets Composition Over Time

This chart breaks down Quectel Wireless Solutions 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 603236 company net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥42.55 Million 0.39%
Total Liquid Assets CN¥42.55 Million 0.39%

Asset Resilience Insights

  • Limited Liquidity: Quectel Wireless Solutions Co Ltd maintains only 0.39% 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.

Quectel Wireless Solutions Co Ltd Industry Peers by Asset Resilience Ratio

Compare Quectel Wireless Solutions Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Wingtech Technology Co Ltd
SHG:600745
Communication Equipment 3.27%
Applied Opt
NASDAQ:AAOI
Communication Equipment -1.43%
Hexatronic Group AB
ST:HTRO
Communication Equipment 6.06%
Shenzhen Coship Electronics Co Ltd
SHE:002052
Communication Equipment -13.53%
GHT Co Ltd Class A
SHE:300711
Communication Equipment 7.00%
Ningbo Bird Co Ltd
SHG:600130
Communication Equipment 27.56%
Hengxin Mobile Business
SHE:300081
Communication Equipment 2.82%
Nanjing Huamai Tech Co Ltd
SHG:603042
Communication Equipment 1.15%

Annual Asset Resilience Ratio for Quectel Wireless Solutions Co Ltd (2019–2022)

The table below shows the annual Asset Resilience Ratio data for Quectel Wireless Solutions Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 0.22% CN¥23.05 Million
≈ $3.37 Million
CN¥10.27 Billion
≈ $1.50 Billion
-10.05pp
2019-12-31 10.27% CN¥301.12 Million
≈ $44.06 Million
CN¥2.93 Billion
≈ $429.04 Million
--
pp = percentage points

About Quectel Wireless Solutions Co Ltd

SHG:603236 China Communication Equipment
Market Cap
$2.04 Billion
CN¥13.92 Billion CNY
Market Cap Rank
#5994 Global
#1104 in China
Share Price
CN¥48.35
Change (1 day)
-3.61%
52-Week Range
CN¥46.52 - CN¥110.85
All Time High
CN¥115.79
About

Quectel Wireless Solutions Co., Ltd. engages in the research and development, design, production, and sale of wireless communication modules and solutions worldwide. The company offers a range of Internet of Things products and services, including 5G,4G,3G,2G, and LPWA cellular modules; LTE modules; vehicle-mounted front-end modules; 5G and 4G edge computing modules; Wi-Fi and BT communication mo… Read more