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. Read Chengdu Qinchuan IoT Technology Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.

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. See Chengdu Qinchuan IoT Technology Co Ltd (688528) net assets for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see how much is Chengdu Qinchuan IoT Technology Co Ltd worth.

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
Shenzhen Soling Industrial Co Ltd
SHE:002766
Scientific & Technical Instruments 23.72%
Jiangxi Everbright Measurement Cont
SHE:300906
Scientific & Technical Instruments 48.73%
Optiscan Imaging Ltd
AU:OIL
Scientific & Technical Instruments 43.12%
Catapult Group International Ltd
AU:CAT
Scientific & Technical Instruments 6.17%
Ikegps Group Ltd
AU:IKE
Scientific & Technical Instruments 0.03%
Structural Monitoring Systems Plc
AU:SMN
Scientific & Technical Instruments 0.00%
Dorsavi Ltd
AU:DVL
Scientific & Technical Instruments 57.75%
HYDRIX Ltd
AU:HYD
Scientific & Technical Instruments 3.57%

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
$303.61 Million
CN¥2.07 Billion CNY
Market Cap Rank
#14915 Global
#4592 in China
Share Price
CN¥12.35
Change (1 day)
+3.87%
52-Week Range
CN¥9.27 - CN¥12.70
All Time High
CN¥31.91
About

Chengdu Qinchuan IoT Technology Co.Ltd. engages in the research and development, manufacturing, sale, and servicing of Internet of Things (IoT) and smart cities solutions in China and internationally. It offers smart sensors and related components; diaphragm gas, IoT smart gas, industrial and commercial gas, IoT smart water, and IC card smart gas meters; and home combustible gas detectors. The co… Read more