Shenzhen Xinyichang Technology Co. Ltd. A Asset Resilience Ratio

Latest as of December 2022: 0.52%

Shenzhen Xinyichang Technology Co. Ltd. A asset resilience ratio. 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 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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 of Shenzhen Xinyichang Technology Co. Ltd. A (2019–2022)

Asset resilience ratio of Shenzhen Xinyichang Technology Co. Ltd. A from 2019 to 2022. This chart shows how Shenzhen Xinyichang Technology Co. Ltd. A's Asset Resilience Ratio has changed over time. Read 688383 total liabilities for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see Shenzhen Xinyichang Technology Co. Ltd. balance sheet assets.

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
Nanya New Material Technology Co Ltd
SHG:688519
Electronic Components 1.80%
Guobo Electronics Co. Ltd. A
SHG:688375
Electronic Components 2.57%
Founder Technology Group Co Ltd
SHG:600601
Electronic Components 0.00%
Guangdong Kingshine Electronic Tech
SHE:300903
Electronic Components 0.57%
Leyard Optoelectronic
SHE:300296
Electronic Components 0.10%
Long Young Electronic (Kunshan) Co. Ltd. A
SHE:301389
Electronic Components 27.28%
Sichuan Furong Technology Co Ltd
SHG:603327
Electronic Components 4.54%
Ganzhou Yihao New Materials Co. Ltd. A
SHE:301176
Electronic Components 0.03%

Shenzhen Xinyichang Technology Co. Ltd. A Asset Resilience Ratio by Year (2019–2022)

Shenzhen Xinyichang Technology Co. Ltd. A asset resilience ratio by year from 2019 to 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
$1.07 Billion
CN¥7.30 Billion CNY
Market Cap Rank
#8278 Global
#1846 in China
Share Price
CN¥71.49
Change (1 day)
-7.75%
52-Week Range
CN¥60.01 - 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