QingCloud Technologies Corp. - Asset Resilience Ratio

Latest as of September 2024: 15.77%

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

CN¥90.77 Million
≈ $13.28 Million USD Cash + Short-term Investments

Total Assets

CN¥575.73 Million
≈ $84.25 Million USD All company assets

Resilience Assessment

Good
Financial Resilience Level

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
--
pp = percentage points

About QingCloud Technologies Corp.

SHG:688316 China Software - Infrastructure
Market Cap
$424.32 Million
CN¥2.90 Billion CNY
Market Cap Rank
#13256 Global
#3968 in China
Share Price
CN¥60.54
Change (1 day)
+0.43%
52-Week Range
CN¥55.54 - CN¥91.37
All Time High
CN¥105.00
About

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