Major Development Public Company Limited - Asset Resilience Ratio

Latest as of September 2024: 0.57%

Major Development Public Company Limited (MJD) has an Asset Resilience Ratio of 0.57% as of September 2024. 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 Major Development Public Company Limited (MJD) total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

฿100.73 Million

≈ $3.14 Million USD Cash + Short-term Investments

Total Assets

฿17.76 Billion

≈ $553.53 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2019–2023)

This chart shows how Major Development Public Company Limited's Asset Resilience Ratio has changed over time. See MJD net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Major Development Public Company Limited'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 Major Development Public Company Limited worth.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	฿0.00	0%
Short-term Investments	฿100.73 Million	0.57%
Total Liquid Assets	฿100.73 Million	0.57%

Asset Resilience Insights

Limited Liquidity: Major Development Public Company Limited maintains only 0.57% 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.

Major Development Public Company Limited Industry Peers by Asset Resilience Ratio

Compare Major Development Public Company Limited's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Xinhu Zhongbao Co Ltd SHG:600208	Real Estate - Development	0.94%
Howard Hughes Holdings Inc. NYSE:HHH	Real Estate - Development	13.80%
Greentown China Holdings Limited F:G7C	Real Estate - Development	0.00%
Shenzhen Zhenye Group Co Ltd SHE:000006	Real Estate - Development	0.48%
Beijing Capital Development Co Ltd SHG:600376	Real Estate - Development	0.04%
Jiangsu Dagang Co Ltd SHE:002077	Real Estate - Development	0.78%
Beijing Urban Construction Investment & Development Co Ltd SHG:600266	Real Estate - Development	2.71%
Shanghai Jinqiao Export Processing Zone Development Co Ltd A SHG:600639	Real Estate - Development	0.07%

Annual Asset Resilience Ratio for Major Development Public Company Limited (2019–2023)

The table below shows the annual Asset Resilience Ratio data for Major Development Public Company Limited.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	18.73%	฿3.25 Billion ≈ $101.42 Million	฿17.37 Billion ≈ $541.35 Million	+16.61pp
2020-12-31	2.12%	฿397.90 Million ≈ $12.40 Million	฿18.76 Billion ≈ $584.84 Million	+1.28pp
2019-12-31	0.84%	฿165.27 Million ≈ $5.15 Million	฿19.59 Billion ≈ $610.69 Million	--

pp = percentage points

About Major Development Public Company Limited

BK:MJD Thailand Real Estate - Development

Market Cap

$8.58 Million

฿275.33 Million THB

Market Cap Rank

#27404 Global

#570 in Thailand

Share Price

฿0.32

Change (1 day)

+0.00%

52-Week Range

฿0.31 - ฿0.54

All Time High

฿3.80