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.

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. Check how strategically is Major Development Public Company Limited's equity deployed to assess the company's strategic physical and investment asset allocation.

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 MJD market cap overview.

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
Castellum AB ST:CAST	Real Estate - Development	0.08%
Shanghai Zhangjiang Hi-Tech Park Development Co Ltd SHG:600895	Real Estate - Development	1.54%
Maha Properti Indonesia Tbk PT JK:MPRO	Real Estate - Development	0.37%
Aura Investments Ltd TA:AURA	Real Estate - Development	0.49%
Beijing Capital Development Co Ltd SHG:600376	Real Estate - Development	0.04%
Suzhou New District Hi Tech Industrial Co Ltd SHG:600736	Real Estate - Development	0.07%
Construtora Tenda S.A SA:TEND3	Real Estate - Development	12.76%
Atal SA WAR:1AT	Real Estate - Development	-3.01%

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

$8.31 Million

฿266.73 Million THB

Market Cap Rank

#27521 Global

#578 in Thailand

Share Price

฿0.31

Change (1 day)

-3.13%

52-Week Range

฿0.30 - ฿0.54

All Time High

฿3.80