Shenzhen Xunjiexing Technology Corp. Ltd. - Asset Resilience Ratio
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. Read total liabilities of Shenzhen Xunjiexing Technology Corp. Ltd for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how Shenzhen Xunjiexing Technology Corp. Ltd.'s Asset Resilience Ratio has changed over time. See Shenzhen Xunjiexing Technology Corp. Ltd book value and equity for net asset value and shareholders' equity analysis.
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. For market capitalisation and broader financial context, see market value of Shenzhen Xunjiexing Technology Corp. Ltd.
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 |
|---|---|---|
|
Elite Material Co Ltd
TW:2383 |
Electronic Components | 0.00% |
|
Avary Holding Shenzhen Co Ltd Class A
SHE:002938 |
Electronic Components | -1.69% |
|
WT Microelectronics Co Ltd
TW:3036 |
Electronic Components | 0.14% |
|
Shenzhen Sunway Communication
SHE:300136 |
Electronic Components | 0.03% |
|
Shenzhen Everwin Precision Tech
SHE:300115 |
Electronic Components | 1.62% |
|
TDG Holding Co Ltd
SHG:600330 |
Electronic Components | 1.67% |
|
Guizhou Space Appliance Co Ltd
SHE:002025 |
Electronic Components | -0.32% |
|
Poco Holding Co Ltd
SHE:300811 |
Electronic Components | 6.41% |
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 |
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About Shenzhen Xunjiexing Technology Corp. Ltd.
Shenzhen Xunjiexing Technology Corp. Ltd. engages in the research and development, production, and sale of printed circuit boards (PCB) in China. It offers PCB samples and batch boards, and raw materials. It serves automotive electronics, computer communications, smart consumer devices, smart security, industrial control, medical equipment, new energy, and rail transit industries. The company was… Read more