Yongyue Science & Tech Co Ltd Asset Resilience Ratio
Yongyue Science & Tech Co Ltd asset resilience ratio. Yongyue Science & Tech Co Ltd (603879) has an Asset Resilience Ratio of 15.36% as of June 2022. 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. See Yongyue Science & Tech Co Ltd (603879) liquidity interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Yongyue Science & Tech Co Ltd (2017–2021)
Asset resilience ratio of Yongyue Science & Tech Co Ltd from 2017 to 2021. This chart shows how Yongyue Science & Tech Co Ltd's Asset Resilience Ratio has changed over time. Read how much debt does Yongyue Science & Tech Co Ltd carry for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Yongyue Science & Tech 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 603879 asset base.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥85.15 Million | 15.36% |
| Total Liquid Assets | CN¥85.15 Million | 15.36% |
Asset Resilience Insights
- Good Liquidity Position: Yongyue Science & Tech Co Ltd maintains a healthy 15.36% 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.
Yongyue Science & Tech Co Ltd Industry Peers by Asset Resilience Ratio
Compare Yongyue Science & Tech Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Akzo Nobel NV
AS:AKZA |
Specialty Chemicals | 2.16% |
|
Zhejiang Satellite Petrochemical Co Ltd
SHE:002648 |
Specialty Chemicals | 0.27% |
|
Huaibei Mining Holdings Co Ltd
SHG:600985 |
Specialty Chemicals | 2.33% |
|
China Hainan Rubber Industry Group Co Ltd
SHG:601118 |
Specialty Chemicals | 0.09% |
|
Azelis Group NV
BR:AZE |
Specialty Chemicals | 0.00% |
|
MeiHua Holdings Group Co Ltd
SHG:600873 |
Specialty Chemicals | 7.60% |
|
Yibin Tianyuan Group Co Ltd
SHE:002386 |
Specialty Chemicals | 0.00% |
|
Wankai New Materials Co. Ltd.
SHE:301216 |
Specialty Chemicals | 1.35% |
Yongyue Science & Tech Co Ltd Asset Resilience Ratio by Year (2017–2021)
Yongyue Science & Tech Co Ltd asset resilience ratio by year from 2017 to 2021. The table below shows the annual Asset Resilience Ratio data for Yongyue Science & Tech Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 15.56% | CN¥85.05 Million ≈ $12.45 Million |
CN¥546.68 Million ≈ $80.00 Million |
-10.52pp |
| 2020-12-31 | 26.08% | CN¥152.65 Million ≈ $22.34 Million |
CN¥585.30 Million ≈ $85.65 Million |
-2.43pp |
| 2019-12-31 | 28.51% | CN¥165.76 Million ≈ $24.26 Million |
CN¥581.37 Million ≈ $85.07 Million |
+2.38pp |
| 2017-12-31 | 26.13% | CN¥150.00 Million ≈ $21.95 Million |
CN¥573.95 Million ≈ $83.99 Million |
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About Yongyue Science & Tech Co Ltd
Yongyue Science&Technology Co.,Ltd engages in the research and development, production, and sale of synthetic resins in China. It offers unsaturated polyester resins, as well as involved in drone business. The company was founded in 2011 and is based in Quanzhou, China.