Shenzhen Xinyichang Technology Co. Ltd. A - Asset Resilience Ratio

Latest as of December 2022: 0.52%

Shenzhen Xinyichang Technology Co. Ltd. A (688383) has an Asset Resilience Ratio of 0.52% as of December 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 688383 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥12.70 Million
≈ $1.86 Million USD Cash + Short-term Investments

Total Assets

CN¥2.44 Billion
≈ $357.74 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2022)

This chart shows how Shenzhen Xinyichang Technology Co. Ltd. A's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Shenzhen Xinyichang Technology Co. Ltd. total assets.

Liquid Assets Composition Over Time

This chart breaks down Shenzhen Xinyichang Technology Co. Ltd. A's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Shenzhen Xinyichang Technology Co. Ltd. balance sheet liabilities 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¥12.70 Million 0.52%
Total Liquid Assets CN¥12.70 Million 0.52%

Asset Resilience Insights

  • Limited Liquidity: Shenzhen Xinyichang Technology Co. Ltd. A maintains only 0.52% 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.

Shenzhen Xinyichang Technology Co. Ltd. A Industry Peers by Asset Resilience Ratio

Compare Shenzhen Xinyichang Technology Co. Ltd. A's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Gold Circuit Electronics Ltd
TW:2368
Electronic Components 0.52%
Shennan Circuits Co Ltd Class A
SHE:002916
Electronic Components 1.57%
Goldenmax International Technology Ltd
SHE:002636
Electronic Components 2.56%
LG Innotek Co Ltd
KO:011070
Electronic Components 0.01%
Shanghai Wanye Enterprises Co Ltd
SHG:600641
Electronic Components 0.06%
Suzhou HYC Technology Co Ltd
SHG:688001
Electronic Components 0.06%
Co-Tech Development
TWO:8358
Electronic Components 0.16%
Long Young Electronic (Kunshan) Co. Ltd. A
SHE:301389
Electronic Components 27.28%

Annual Asset Resilience Ratio for Shenzhen Xinyichang Technology Co. Ltd. A (2019–2022)

The table below shows the annual Asset Resilience Ratio data for Shenzhen Xinyichang Technology Co. Ltd. A.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 0.52% CN¥12.70 Million
≈ $1.86 Million
CN¥2.44 Billion
≈ $357.74 Million
-7.37pp
2021-12-31 7.89% CN¥191.87 Million
≈ $28.08 Million
CN¥2.43 Billion
≈ $356.07 Million
+7.66pp
2019-12-31 0.22% CN¥2.00 Million
≈ $292.66K
CN¥899.37 Million
≈ $131.61 Million
--
pp = percentage points

About Shenzhen Xinyichang Technology Co. Ltd. A

SHG:688383 China Electronic Components
Market Cap
$2.13 Billion
CN¥14.53 Billion CNY
Market Cap Rank
#5968 Global
#1144 in China
Share Price
CN¥142.30
Change (1 day)
+1.53%
52-Week Range
CN¥59.59 - CN¥196.00
All Time High
CN¥196.00
About

Shenzhen Xinyichang Technology Co., Ltd. engages in the research and development, production, and sale of intelligent manufacturing equipment for LED, capacitor, semiconductor, lithium battery, and other industries in China. The company's products include LED die bonding, semiconductor, capacitor device, and lithium batteries equipment. It also provides related equipment products, such as drivers… Read more