Quectel Wireless Solutions Co Ltd Asset Resilience Ratio

Latest as of June 2023: 0.39%

Quectel Wireless Solutions Co Ltd asset resilience ratio. 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. Read 603236 liabilities breakdown for a breakdown of total debt and financial obligations.

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 of Quectel Wireless Solutions Co Ltd (2019–2022)

Asset resilience ratio of Quectel Wireless Solutions Co Ltd from 2019 to 2022. This chart shows how Quectel Wireless Solutions Co Ltd's Asset Resilience Ratio has changed over time. See Quectel Wireless Solutions Co Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

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 the complete balance sheet picture, see 603236 current and non-current assets.

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
Advanced Fiber Resources Zhuhai Ltd
SHE:300620
Communication Equipment 2.77%
U Blox Holding AG
SW:UBXN
Communication Equipment 25.55%
Shenzhen SDG Information Co Ltd
SHE:000070
Communication Equipment 1.90%
Bus Online Co Ltd
SHE:002188
Communication Equipment 21.46%
Gamma Nu Inc
KQ:192410
Communication Equipment 5.33%
Digital Multimedia Technology Co.Ltd
KQ:134580
Communication Equipment 7.04%
Elsight Ltd
AU:ELS
Communication Equipment 0.52%
Mayfield Group Holdings Ltd
AU:MYG
Communication Equipment 0.26%

Quectel Wireless Solutions Co Ltd Asset Resilience Ratio by Year (2019–2022)

Quectel Wireless Solutions Co Ltd asset resilience ratio by year from 2019 to 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
$2.54 Billion
CN¥17.36 Billion CNY
Market Cap Rank
#5194 Global
#829 in China
Share Price
CN¥60.30
Change (1 day)
-10.00%
52-Week Range
CN¥45.28 - CN¥106.56
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