Beijing Piesat Information Technology Co Ltd - Asset Resilience Ratio

Latest as of March 2024: 0.89%

Beijing Piesat Information Technology Co Ltd (688066) has an Asset Resilience Ratio of 0.89% as of March 2024. 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 688066 total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥56.00 Million
≈ $8.19 Million USD Cash + Short-term Investments

Total Assets

CN¥6.32 Billion
≈ $924.34 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2021)

This chart shows how Beijing Piesat Information Technology Co Ltd's Asset Resilience Ratio has changed over time. See net assets of Beijing Piesat Information Technology Co for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Beijing Piesat Information Technology 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 688066 market cap overview.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥56.00 Million 0.89%
Total Liquid Assets CN¥56.00 Million 0.89%

Asset Resilience Insights

  • Limited Liquidity: Beijing Piesat Information Technology Co Ltd maintains only 0.89% 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.

Beijing Piesat Information Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Beijing Piesat Information Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
StoneCo Ltd
F:0Q0
Software - Infrastructure 3.36%
TIZA Information Industry Corporation Inc
SHE:300209
Software - Infrastructure 0.25%
Megaport Ltd
AU:MP1
Software - Infrastructure 39.23%
Inesa Intelligent Tech Inc B
SHG:900901
Software - Infrastructure 1.50%
RAIZ Invest Ltd
AU:RZI
Software - Infrastructure 1.21%
Heeros Oyj
HE:HEEROS
Software - Infrastructure 6.79%
IXUP Ltd
AU:IXU
Software - Infrastructure 0.74%
Spirent Communications plc
LSE:SPT
Software - Infrastructure 0.01%

Annual Asset Resilience Ratio for Beijing Piesat Information Technology Co Ltd (2019–2021)

The table below shows the annual Asset Resilience Ratio data for Beijing Piesat Information Technology Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-12-31 0.58% CN¥20.00 Million
≈ $2.93 Million
CN¥3.47 Billion
≈ $507.08 Million
-11.69pp
2020-12-31 12.27% CN¥232.39 Million
≈ $34.01 Million
CN¥1.89 Billion
≈ $277.20 Million
-9.06pp
2019-12-31 21.33% CN¥325.47 Million
≈ $47.63 Million
CN¥1.53 Billion
≈ $223.26 Million
--
pp = percentage points

About Beijing Piesat Information Technology Co Ltd

SHG:688066 China Software - Infrastructure
Market Cap
$599.88 Million
CN¥4.10 Billion CNY
Market Cap Rank
#11600 Global
#3536 in China
Share Price
CN¥15.69
Change (1 day)
+0.00%
52-Week Range
CN¥15.69 - CN¥48.60
All Time High
CN¥92.71
About

Piesat Information Technology Co., Ltd. provides satellite internet services in China. The company provides pixel information expert (PIE), its flagship software for remote sensing image and data processing; PIE-Ortho software for surveying production using remote sensing images; PIE-SAR, a SAR image processing software; PIE-Hyp, a hyperspectral image processing software; PIE-UAV software for UAV… Read more