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. Read total liabilities of Kennede Electronics MFG Co Ltd for a breakdown of total debt and financial obligations.

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. See Kennede Electronics MFG Co Ltd (002723) net assets for net asset value and shareholders' equity analysis.

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 market cap of Kennede Electronics MFG Co Ltd.

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
Breville Group Ltd AU:BRG	Furnishings, Fixtures & Appliances	0.41%
Shanghai Feilo Acoustics Co Ltd SHG:600651	Furnishings, Fixtures & Appliances	0.07%
Vohringer Home Technology Co Ltd SHG:603226	Furnishings, Fixtures & Appliances	24.59%
MasterBrand Inc. NYSE:MBC	Furnishings, Fixtures & Appliances	5.91%
Keeson Technology Corp Ltd SHG:603610	Furnishings, Fixtures & Appliances	2.15%
Vatti Corp Ltd SHE:002035	Furnishings, Fixtures & Appliances	25.73%
Healthcare Co Ltd SHG:603313	Furnishings, Fixtures & Appliances	0.10%
Decora SA WAR:DCR	Furnishings, Fixtures & Appliances	0.02%

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

$543.23 Million

CN¥3.71 Billion CNY

Market Cap Rank

#12092 Global

#3728 in China

Share Price

CN¥11.17

Change (1 day)

+4.98%

52-Week Range

CN¥6.99 - CN¥11.62

All Time High

CN¥574.92