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. See working capital position of Zhejiang Meida Industrial Co Ltd to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see 002677 total assets.

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. Explore 002677 long-term investment intensity to see how much of total assets are deployed in long-term investments.

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%
Vohringer Home Technology Co Ltd SHG:603226	Furnishings, Fixtures & Appliances	10.84%
Shanghai Feilo Acoustics Co Ltd SHG:600651	Furnishings, Fixtures & Appliances	0.07%
Joyoung Co Ltd SHE:002242	Furnishings, Fixtures & Appliances	8.43%
Suofeiya Home Collection Co Ltd SHE:002572	Furnishings, Fixtures & Appliances	6.90%
Guangdong Piano Customized Furniture Co Ltd SHE:002853	Furnishings, Fixtures & Appliances	13.15%
Vatti Corp Ltd SHE:002035	Furnishings, Fixtures & Appliances	21.99%
Shandong Yuma Sun-shading Technology Corp. Ltd. SHE:300993	Furnishings, Fixtures & Appliances	4.01%

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

$581.41 Million

CN¥3.97 Billion CNY

Market Cap Rank

#11565 Global

#3285 in China

Share Price

CN¥6.15

Change (1 day)

-1.28%

52-Week Range

CN¥5.53 - CN¥10.20

All Time High

CN¥18.69