Yongyue Science & Tech Co Ltd - Asset Resilience Ratio

Latest as of June 2022: 15.36%

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. Read 603879 total debt and obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥85.15 Million
≈ $12.46 Million USD Cash + Short-term Investments

Total Assets

CN¥554.24 Million
≈ $81.10 Million USD All company assets

Resilience Assessment

Good
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2021)

This chart shows how Yongyue Science & Tech Co Ltd's Asset Resilience Ratio has changed over time. See 603879 total equity for net asset value and shareholders' equity analysis.

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 market capitalisation and broader financial context, see Yongyue Science & Tech Co Ltd market capitalisation.

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%
Luxi Chemical Group Co Ltd
SHE:000830
Specialty Chemicals 0.43%
Dyno Nobel Ltd
AU:DNL
Specialty Chemicals 13.89%
Lianhe Chemical Technology Co Ltd
SHE:002250
Specialty Chemicals 0.44%
Sichuan Tianqi Lithium Industries Inc
SHE:002466
Specialty Chemicals 2.06%
Jiangsu Yida Chemical Co Ltd Class A
SHE:300721
Specialty Chemicals 4.73%
Asia Cuanon Tech (Shanghai)
SHG:603378
Specialty Chemicals 0.02%
Xiamen Yanjan New Material Co Ltd
SHE:300658
Specialty Chemicals 1.45%

Annual Asset Resilience Ratio for Yongyue Science & Tech Co Ltd (2017–2021)

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
--
pp = percentage points

About Yongyue Science & Tech Co Ltd

SHG:603879 China Specialty Chemicals
Market Cap
$312.87 Million
CN¥2.14 Billion CNY
Market Cap Rank
#14801 Global
#4582 in China
Share Price
CN¥5.95
Change (1 day)
+0.85%
52-Week Range
CN¥4.76 - CN¥7.70
All Time High
CN¥15.70
About

Yongyue Science&Technology Co.,Ltd engages in the research and development, production, and sale of synthetic resins in China. It offers unsaturated polyester resins hazardous chemicals, as well as involved in drone business. The company was founded in 2011 and is based in Quanzhou, China.