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 688316 financial flexibility score to measure the company's free cash flow as a share of total liabilities.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2023)
This chart shows how QingCloud Technologies Corp.'s Asset Resilience Ratio has changed over time. See QingCloud Technologies Corp. (688316) net asset quality to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see 688316 company net worth.
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 |
|---|---|---|
|
Shanghai Precise Packaging Co Ltd
SHE:300442 |
Software - Infrastructure | 0.36% |
|
kakaopay Corp.
KO:377300 |
Software - Infrastructure | 47.13% |
|
Inesa Intelligent Tech Inc A
SHG:600602 |
Software - Infrastructure | 1.50% |
|
Wiscom System Co Ltd
SHE:002090 |
Software - Infrastructure | 15.11% |
|
Razor Labs Ltd
TA:RZR |
Software - Infrastructure | 32.79% |
|
RAIZ Invest Ltd
AU:RZI |
Software - Infrastructure | 1.21% |
|
Orion Digital Corp.
TO:ORIO |
Software - Infrastructure | 18.60% |
|
IXUP Ltd
AU:IXU |
Software - Infrastructure | 0.74% |
Annual Asset Resilience Ratio for QingCloud Technologies Corp. (2019–2023)
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