Kennede Electronics MFG Co Ltd Asset Resilience Ratio

Latest as of September 2023: -0.34%

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. See operational self-sufficiency of Kennede Electronics MFG Co Ltd to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥-9.87 Million

≈ $-1.44 Million USD Cash + Short-term Investments

Total Assets

CN¥2.86 Billion

≈ $418.93 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio of Kennede Electronics MFG Co Ltd (2011–2020)

Asset resilience ratio of Kennede Electronics MFG Co Ltd from 2011 to 2020. This chart shows how Kennede Electronics MFG Co Ltd's Asset Resilience Ratio has changed over time. Read Kennede Electronics MFG Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see how large is Kennede Electronics MFG Co Ltd's balance sheet.

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
Guangdong Vanward New Electric Co Ltd SHE:002543	Furnishings, Fixtures & Appliances	1.19%
Guangdong Hotata Technology Group Co Ltd Class A SHG:603848	Furnishings, Fixtures & Appliances	11.07%
Zhejiang Henglin Chair Industry Co Ltd Class A SHG:603661	Furnishings, Fixtures & Appliances	0.00%
Guangdong Piano Customized Furniture Co Ltd SHE:002853	Furnishings, Fixtures & Appliances	13.15%
Surteco Group SE XETRA:SUR	Furnishings, Fixtures & Appliances	6.35%
Fiplasto SA BA:FIPL	Furnishings, Fixtures & Appliances	0.00%
Domec Compania de Artefactos Domesticos SAIC y F BA:DOME	Furnishings, Fixtures & Appliances	6.82%
Longvie SA BA:LONG	Furnishings, Fixtures & Appliances	10.69%

Kennede Electronics MFG Co Ltd Asset Resilience Ratio by Year (2011–2020)

Kennede Electronics MFG Co Ltd asset resilience ratio by year from 2011 to 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 ≈ $297.27K	CN¥1.49 Billion ≈ $217.97 Million	-0.26pp
2019-12-31	0.40%	CN¥4.90 Million ≈ $717.02K	CN¥1.24 Billion ≈ $180.82 Million	+0.34pp
2017-12-31	0.06%	CN¥596.00K ≈ $87.21K	CN¥1.04 Billion ≈ $152.49 Million	-0.07pp
2011-12-31	0.12%	CN¥475.00K ≈ $69.51K	CN¥384.84 Million ≈ $56.31 Million	--

pp = percentage points

About Kennede Electronics MFG Co Ltd

SHE:002723 China Furnishings, Fixtures & Appliances

Market Cap

$310.28 Million

CN¥2.12 Billion CNY

Market Cap Rank

#14334 Global

#4232 in China

Share Price

CN¥6.38

Change (1 day)

-0.31%

52-Week Range

CN¥5.96 - CN¥11.62

All Time High

CN¥574.92