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.

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. See Shenzhen Xunjiexing Technology Corp. Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

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 688655 market cap.

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
Taiwan Union Technology
TWO:6274
Electronic Components 8.46%
Anhui Tongguan Copper Foil Group Co. Ltd.
SHE:301217
Electronic Components 6.54%
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
Electronic Components 0.29%
WT Microelectronics Co Ltd
TW:3036
Electronic Components 0.05%
Zhejiang Crystal Optech Co Ltd
SHE:002273
Electronic Components 4.91%
Olympic Circuit Technology Co Ltd
SHG:603920
Electronic Components 23.19%
Guangdong Kingshine Electronic Tech
SHE:300903
Electronic Components 3.02%
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
--
pp = percentage points

About Shenzhen Xunjiexing Technology Corp. Ltd.

SHG:688655 China Electronic Components
Market Cap
$573.67 Million
CN¥3.92 Billion CNY
Market Cap Rank
#11395 Global
#3164 in China
Share Price
CN¥29.39
Change (1 day)
-3.16%
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