Shenzhen Xunjiexing Technology Corp. Ltd. - Asset Resilience Ratio

Latest as of December 2023: 4.84%

Shenzhen Xunjiexing Technology Corp. Ltd. (688655) has an Asset Resilience Ratio of 4.84% as of December 2023. 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 688655 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥50.14 Million
≈ $7.34 Million USD Cash + Short-term Investments

Total Assets

CN¥1.04 Billion
≈ $151.74 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

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

Liquid Assets Composition Over Time

This chart breaks down Shenzhen Xunjiexing Technology Corp. Ltd.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Shenzhen Xunjiexing Technology Corp. Ltd total 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¥50.14 Million 4.84%
Total Liquid Assets CN¥50.14 Million 4.84%

Asset Resilience Insights

  • Limited Liquidity: Shenzhen Xunjiexing Technology Corp. Ltd. maintains only 4.84% 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 Xunjiexing Technology Corp. Ltd. Industry Peers by Asset Resilience Ratio

Compare Shenzhen Xunjiexing Technology Corp. Ltd.'s asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Guangdong Hec Technology Holding Co Ltd Class A
SHG:600673
Electronic Components 1.13%
FOSITEK CORP
TW:6805
Electronic Components 4.17%
Daeduck Electronics Co Ltd
KO:353200
Electronic Components 10.27%
Xiamen Leading Optics Co Ltd
SHG:605118
Electronic Components 4.95%
Zhe Jiang Dali Technology Co Ltd
SHE:002214
Electronic Components 1.76%
Dalian Dalicap Technology Co Ltd
SHE:301566
Electronic Components 43.01%
Hitevision Co Ltd
SHE:002955
Electronic Components 10.83%
Shenzhen Laibao High-Technology Co Ltd
SHE:002106
Electronic Components -0.77%

Annual Asset Resilience Ratio for Shenzhen Xunjiexing Technology Corp. Ltd. (2021–2023)

The table below shows the annual Asset Resilience Ratio data for Shenzhen Xunjiexing Technology Corp. Ltd..

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 4.84% CN¥50.14 Million
≈ $7.34 Million
CN¥1.04 Billion
≈ $151.74 Million
-3.32pp
2022-12-31 8.15% CN¥85.28 Million
≈ $12.48 Million
CN¥1.05 Billion
≈ $153.08 Million
-6.20pp
2021-12-31 14.35% CN¥122.05 Million
≈ $17.86 Million
CN¥850.69 Million
≈ $124.48 Million
--
pp = percentage points

About Shenzhen Xunjiexing Technology Corp. Ltd.

SHG:688655 China Electronic Components
Market Cap
$1.19 Billion
CN¥8.15 Billion CNY
Market Cap Rank
#8163 Global
#1882 in China
Share Price
CN¥61.12
Change (1 day)
+1.36%
52-Week Range
CN¥16.72 - CN¥65.90
All Time High
CN¥65.90
About

Shenzhen Xunjiexing Technology Corp. Ltd., together with its subsidiaries, engages in the research, development, production, and sale of printed circuit boards (PCB) in China and internationally. The company offers PCB prototypes and mass-produced boards. Its products are used in the automotive electronics, computers and communications, smart consumer devices, smart security, industrial control, … Read more