Zhejiang Meida Industrial Co Ltd - Asset Resilience Ratio

Latest as of September 2023: -0.65%

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

CN¥-14.47 Million

≈ $-2.12 Million USD Cash + Short-term Investments

Total Assets

CN¥2.21 Billion

≈ $323.34 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2014–2022)

This chart shows how Zhejiang Meida Industrial Co Ltd's Asset Resilience Ratio has changed over time. Check how strategically is Zhejiang Meida Industrial Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

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. For market capitalisation and broader financial context, see Zhejiang Meida Industrial Co Ltd market capitalisation.

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
Sichuan Changhong Electric Co Ltd SHG:600839	Furnishings, Fixtures & Appliances	1.68%
Guangdong Homa Appliances Co Ltd SHE:002668	Furnishings, Fixtures & Appliances	12.81%
UE Furniture Co Ltd SHG:603600	Furnishings, Fixtures & Appliances	0.00%
Healthcare Co Ltd SHG:603313	Furnishings, Fixtures & Appliances	0.10%
Qumei Furniture Group Co Ltd SHG:603818	Furnishings, Fixtures & Appliances	0.49%
Suncha Technology Co Ltd SHE:001211	Furnishings, Fixtures & Appliances	0.07%
Bassett Furniture Industries NASDAQ:BSET	Furnishings, Fixtures & Appliances	17.09%
TsannKuen (China) Enterprise Co. Ltd SHE:200512	Furnishings, Fixtures & Appliances	26.35%

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 ≈ $-2.22 Million	CN¥2.28 Billion ≈ $333.74 Million	-21.89pp
2021-12-31	21.23%	CN¥500.00 Million ≈ $73.17 Million	CN¥2.36 Billion ≈ $344.70 Million	-1.73pp
2020-12-31	22.95%	CN¥500.00 Million ≈ $73.17 Million	CN¥2.18 Billion ≈ $318.79 Million	+22.99pp
2019-12-31	-0.04%	CN¥-804.67K ≈ $-117.75K	CN¥1.99 Billion ≈ $290.73 Million	--
2018-12-31	0.00%	CN¥0.00 ≈ $0.00	CN¥1.78 Billion ≈ $260.55 Million	--
2016-12-31	39.35%	CN¥550.00 Million ≈ $80.48 Million	CN¥1.40 Billion ≈ $204.52 Million	+8.82pp
2015-12-31	30.53%	CN¥370.00 Million ≈ $54.14 Million	CN¥1.21 Billion ≈ $177.34 Million	+0.92pp
2014-12-31	29.62%	CN¥335.00 Million ≈ $49.02 Million	CN¥1.13 Billion ≈ $165.53 Million	--

pp = percentage points

About Zhejiang Meida Industrial Co Ltd

SHE:002677 China Furnishings, Fixtures & Appliances

Market Cap

$613.55 Million

CN¥4.19 Billion CNY

Market Cap Rank

#11082 Global

#3028 in China

Share Price

CN¥6.49

Change (1 day)

+2.37%

52-Week Range

CN¥5.53 - CN¥10.20

All Time High

CN¥18.69