Chengdu Qinchuan IoT Technology Co Ltd - Asset Resilience Ratio

Latest as of December 2021: 2.02%

Chengdu Qinchuan IoT Technology Co Ltd (688528) has an Asset Resilience Ratio of 2.02% as of December 2021. 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 working capital position of Chengdu Qinchuan IoT Technology Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥20.00 Million
≈ $2.93 Million USD Cash + Short-term Investments

Total Assets

CN¥990.49 Million
≈ $144.94 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2021)

This chart shows how Chengdu Qinchuan IoT Technology Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Chengdu Qinchuan IoT Technology Co Ltd asset portfolio.

Liquid Assets Composition Over Time

This chart breaks down Chengdu Qinchuan IoT Technology Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read 688528 liabilities breakdown 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¥20.00 Million 2.02%
Total Liquid Assets CN¥20.00 Million 2.02%

Asset Resilience Insights

  • Limited Liquidity: Chengdu Qinchuan IoT Technology Co Ltd maintains only 2.02% 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.

Chengdu Qinchuan IoT Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Chengdu Qinchuan IoT Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Beijing BDStar Navigation Co Ltd
SHE:002151
Scientific & Technical Instruments 16.68%
Test Research Inc
TW:3030
Scientific & Technical Instruments 2.36%
Chengdu RML Technology Co. Ltd.
SHE:301050
Scientific & Technical Instruments 22.52%
Qingdao Topscomm Commun Inc
SHG:603421
Scientific & Technical Instruments 0.04%
Beijing UniStrong Science & Technology Co Ltd
SHE:002383
Scientific & Technical Instruments -5.52%
Fingerprint Cards AB (publ)
ST:FING-B
Scientific & Technical Instruments 8.87%
Satis Group S.A.
WAR:STS
Scientific & Technical Instruments 0.05%
Catapult Group International Ltd
AU:CAT
Scientific & Technical Instruments 6.17%

Annual Asset Resilience Ratio for Chengdu Qinchuan IoT Technology Co Ltd (2020–2021)

The table below shows the annual Asset Resilience Ratio data for Chengdu Qinchuan IoT Technology Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-12-31 2.02% CN¥20.00 Million
≈ $2.93 Million
CN¥990.49 Million
≈ $144.94 Million
-11.11pp
2020-12-31 13.13% CN¥130.00 Million
≈ $19.02 Million
CN¥990.28 Million
≈ $144.91 Million
--
pp = percentage points

About Chengdu Qinchuan IoT Technology Co Ltd

SHG:688528 China Scientific & Technical Instruments
Market Cap
$243.13 Million
CN¥1.66 Billion CNY
Market Cap Rank
#15872 Global
#4601 in China
Share Price
CN¥9.89
Change (1 day)
+0.51%
52-Week Range
CN¥7.52 - CN¥13.05
All Time High
CN¥31.91
About

Chengdu Qinchuan IoT Technology Co.Ltd. engages in the research and development, manufacturing, sale, and servicing of related products for Internet of Things (IoT) and smart cities in China and internationally. It offers smart city internet of things, such as smart city IoT platform, smart gas internet of things, smart water IoT, and city lifeline; industrial internet of things, including smart … Read more