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 working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2021)
This chart shows how Yongyue Science & Tech Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Yongyue Science & Tech Co Ltd.
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. Read debt load of Yongyue Science & Tech Co Ltd for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Grace Fabric Technology Co Ltd
SHG:603256 |
Specialty Chemicals | 1.23% |
|
China Minmetals Rare Earth Co Ltd
SHE:000831 |
Specialty Chemicals | 0.91% |
|
Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408 |
Specialty Chemicals | 0.07% |
|
Shandong Dawn Polymer Co Ltd
SHE:002838 |
Specialty Chemicals | 0.00% |
|
Ningxia Xinri Hengli Steel Wire Rope Co Ltd
SHG:600165 |
Specialty Chemicals | 3.82% |
|
Xiamen Yanjan New Material Co Ltd
SHE:300658 |
Specialty Chemicals | 5.55% |
|
Guangdong Delian Group Co Ltd
SHE:002666 |
Specialty Chemicals | 2.71% |
|
Ningbo Color Master Batch Co. Ltd.
SHE:301019 |
Specialty Chemicals | 15.04% |
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 |
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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.