Kennede Electronics MFG Co Ltd
Kennede Electronics MFG. Co., Ltd. engages in the design, development, production, and sale of fans, rechargeable lighting products, and electric kettles in China. The company offers kettle, electric fan and heater, portable air conditioner and power source, lighting, air purifier, heat pump, freezer, and mosquito swatter products, as well as pet supplies. It exports its products to approximately… Read more
Kennede Electronics MFG Co Ltd - Asset Resilience Ratio
Kennede Electronics MFG Co Ltd (002723) has an Asset Resilience Ratio of -0.34% 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 (2011–2020)
This chart shows how Kennede Electronics MFG 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 Kennede Electronics MFG 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¥-9.87 Million | -0.34% |
| Total Liquid Assets | CN¥-9.87 Million | -0.34% |
Asset Resilience Insights
- Limited Liquidity: Kennede Electronics MFG Co Ltd maintains only -0.34% 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.
Kennede Electronics MFG Co Ltd Industry Peers by Asset Resilience Ratio
Compare Kennede Electronics MFG 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 Kennede Electronics MFG Co Ltd (2011–2020)
The table below shows the annual Asset Resilience Ratio data for Kennede Electronics MFG Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 0.14% | CN¥2.03 Million | CN¥1.49 Billion | -0.26pp |
| 2019-12-31 | 0.40% | CN¥4.90 Million | CN¥1.24 Billion | +0.34pp |
| 2017-12-31 | 0.06% | CN¥596.00K | CN¥1.04 Billion | -0.07pp |
| 2011-12-31 | 0.12% | CN¥475.00K | CN¥384.84 Million | -- |