Zhejiang Meida Industrial Co Ltd
Zhejiang Meida Industrial Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of household kitchen appliances in China. The company offers integrated stoves, kitchen cabinets, electric steamers, integrated sinks, dishwashers, water heaters, steam and electric ovens, all-in-one steam-bake machines, all-in-one steam-bake-fryer and stew machines, and… Read more
Zhejiang Meida Industrial Co Ltd - Asset Resilience Ratio
Zhejiang Meida Industrial Co Ltd (002677) has an Asset Resilience Ratio of -0.65% as of September 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2022)
This chart shows how Zhejiang Meida Industrial Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Meida Industrial Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-14.47 Million | -0.65% |
| Total Liquid Assets | CN¥-14.47 Million | -0.65% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Meida Industrial Co Ltd maintains only -0.65% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Zhejiang Meida Industrial Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Meida Industrial Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333 |
Furnishings, Fixtures & Appliances | 0.55% |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651 |
Furnishings, Fixtures & Appliances | 7.44% |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921 |
Furnishings, Fixtures & Appliances | 29.23% |
|
Suncha Technology Co Ltd
SHE:001211 |
Furnishings, Fixtures & Appliances | 0.07% |
|
Beijing Liven Technology Co. Ltd.
SHE:001259 |
Furnishings, Fixtures & Appliances | 0.00% |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323 |
Furnishings, Fixtures & Appliances | 34.26% |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368 |
Furnishings, Fixtures & Appliances | 14.97% |
|
Hefei Snowky Elec Co Ltd
SHE:001387 |
Furnishings, Fixtures & Appliances | 2.89% |
Annual Asset Resilience Ratio for Zhejiang Meida Industrial Co Ltd (2014–2022)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Meida Industrial Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | -0.67% | CN¥-15.19 Million | CN¥2.28 Billion | -21.89pp |
| 2021-12-31 | 21.23% | CN¥500.00 Million | CN¥2.36 Billion | -1.73pp |
| 2020-12-31 | 22.95% | CN¥500.00 Million | CN¥2.18 Billion | +22.99pp |
| 2019-12-31 | -0.04% | CN¥-804.67K | CN¥1.99 Billion | -- |
| 2018-12-31 | 0.00% | CN¥0.00 | CN¥1.78 Billion | -- |
| 2016-12-31 | 39.35% | CN¥550.00 Million | CN¥1.40 Billion | +8.82pp |
| 2015-12-31 | 30.53% | CN¥370.00 Million | CN¥1.21 Billion | +0.92pp |
| 2014-12-31 | 29.62% | CN¥335.00 Million | CN¥1.13 Billion | -- |