QingCloud Technologies Corp. Asset Resilience Ratio
QingCloud Technologies Corp. asset resilience ratio. QingCloud Technologies Corp. (688316) has an Asset Resilience Ratio of 15.77% as of September 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. See operational self-sufficiency of QingCloud Technologies Corp. to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of QingCloud Technologies Corp. (2019–2023)
Asset resilience ratio of QingCloud Technologies Corp. from 2019 to 2023. This chart shows how QingCloud Technologies Corp.'s Asset Resilience Ratio has changed over time. Read debt load of QingCloud Technologies Corp. for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down QingCloud Technologies Corp.'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 how large is QingCloud Technologies Corp.'s balance sheet.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥90.77 Million | 15.77% |
| Total Liquid Assets | CN¥90.77 Million | 15.77% |
Asset Resilience Insights
- Good Liquidity Position: QingCloud Technologies Corp. maintains a healthy 15.77% 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.
QingCloud Technologies Corp. Industry Peers by Asset Resilience Ratio
Compare QingCloud Technologies Corp.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
TIZA Information Industry Corporation Inc
SHE:300209 |
Software - Infrastructure | 0.25% |
|
StoneCo Ltd
F:0Q0 |
Software - Infrastructure | 4.78% |
|
UCloud Technology Co Ltd
SHG:688158 |
Software - Infrastructure | 0.30% |
|
Automatic Bank Services Ltd
TA:SHVA |
Software - Infrastructure | 47.41% |
|
Rewardle Holdings Ltd
AU:RXH |
Software - Infrastructure | 16.23% |
|
Ep&T Global Ltd
AU:EPX |
Software - Infrastructure | 21.20% |
|
Spirent Communications plc
LSE:SPT |
Software - Infrastructure | 0.01% |
|
Peppermint Innovation Ltd
AU:PIL |
Software - Infrastructure | 0.00% |
QingCloud Technologies Corp. Asset Resilience Ratio by Year (2019–2023)
QingCloud Technologies Corp. asset resilience ratio by year from 2019 to 2023. The table below shows the annual Asset Resilience Ratio data for QingCloud Technologies Corp..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 20.44% | CN¥127.65 Million ≈ $18.68 Million |
CN¥624.35 Million ≈ $91.36 Million |
+8.76pp |
| 2022-12-31 | 11.68% | CN¥70.14 Million ≈ $10.26 Million |
CN¥600.30 Million ≈ $87.84 Million |
+6.26pp |
| 2021-12-31 | 5.42% | CN¥50.04 Million ≈ $7.32 Million |
CN¥922.84 Million ≈ $135.04 Million |
-0.02pp |
| 2020-12-31 | 5.45% | CN¥20.45 Million ≈ $2.99 Million |
CN¥375.60 Million ≈ $54.96 Million |
-3.60pp |
| 2019-12-31 | 9.05% | CN¥40.00 Million ≈ $5.85 Million |
CN¥442.14 Million ≈ $64.70 Million |
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About QingCloud Technologies Corp.
QingCloud Technologies Corp. provides enterprise-class cloud services and digital transformation solutions in China and internationally. The company offers computer hardware design and development consulting, computer programming, software design, and system analysis and design; cloud storage, data backup, and database management; conversion of data or documents form physical media to electronic … Read more