Kennede Electronics MFG Co Ltd - Asset Resilience Ratio

Latest as of September 2023: -0.34%

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

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 Trend (2011–2020)

This chart shows how Kennede Electronics MFG Co Ltd's Asset Resilience Ratio has changed over time. Check strategic asset allocation of Kennede Electronics MFG Co Ltd to assess the company's strategic physical and investment asset allocation.

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 market capitalisation and broader financial context, see 002723 stock market capitalisation.

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
Sichuan Changhong Electric Co Ltd SHG:600839	Furnishings, Fixtures & Appliances	1.68%
Guangdong Homa Appliances Co Ltd SHE:002668	Furnishings, Fixtures & Appliances	12.81%
Zhejiang Meida Industrial Co Ltd SHE:002677	Furnishings, Fixtures & Appliances	-0.65%
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%

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 ≈ $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

$330.71 Million

CN¥2.26 Billion CNY

Market Cap Rank

#14248 Global

#4226 in China

Share Price

CN¥6.80

Change (1 day)

+2.26%

52-Week Range

CN¥6.42 - CN¥11.62

All Time High

CN¥574.92