Shenzhen Kaizhong Precision Technology Co Ltd Asset Resilience Ratio

Latest as of March 2024: -1.12%

Shenzhen Kaizhong Precision Technology Co Ltd asset resilience ratio. Shenzhen Kaizhong Precision Technology Co Ltd (002823) has an Asset Resilience Ratio of -1.12% as of March 2024. 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 how many days can Shenzhen Kaizhong Precision Technology C fund operations to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥-42.49 Million
≈ $-6.22 Million USD Cash + Short-term Investments

Total Assets

CN¥3.80 Billion
≈ $556.62 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Shenzhen Kaizhong Precision Technology Co Ltd (2013–2018)

Asset resilience ratio of Shenzhen Kaizhong Precision Technology Co Ltd from 2013 to 2018. This chart shows how Shenzhen Kaizhong Precision Technology Co Ltd's Asset Resilience Ratio has changed over time. Read Shenzhen Kaizhong Precision Technology C balance sheet liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Shenzhen Kaizhong Precision Technology 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 Shenzhen Kaizhong Precision Technology C total assets.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥-42.49 Million -1.12%
Total Liquid Assets CN¥-42.49 Million -1.12%

Asset Resilience Insights

  • Limited Liquidity: Shenzhen Kaizhong Precision Technology Co Ltd maintains only -1.12% 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.

Shenzhen Kaizhong Precision Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Shenzhen Kaizhong Precision Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Shanghai KEN Tools Co Ltd
SHE:300126
Tools & Accessories 17.59%
Maschinenfabrik HEID AG
VI:HED
Tools & Accessories 13.47%
Richelieu Hardware Ltd.
TO:RCH
Tools & Accessories 2.09%
Hangzhou Great Star Industrial Co Ltd
SHE:002444
Tools & Accessories 1.00%
Zhejiang XCC Group Co Ltd
SHG:603667
Tools & Accessories 0.10%
Dongguan Yiheda Automation Co. Ltd.
SHE:301029
Tools & Accessories 6.69%
Zhejiang Zhongjian Technology Co Ltd
SHE:002779
Tools & Accessories 0.00%
SF Diamond
SHE:300179
Tools & Accessories 6.82%

Shenzhen Kaizhong Precision Technology Co Ltd Asset Resilience Ratio by Year (2013–2018)

Shenzhen Kaizhong Precision Technology Co Ltd asset resilience ratio by year from 2013 to 2018. The table below shows the annual Asset Resilience Ratio data for Shenzhen Kaizhong Precision Technology Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 1.76% CN¥50.00 Million
≈ $7.32 Million
CN¥2.85 Billion
≈ $416.82 Million
+1.74pp
2016-12-31 0.02% CN¥277.20K
≈ $40.56K
CN¥1.63 Billion
≈ $238.31 Million
+0.00pp
2015-12-31 0.01% CN¥123.75K
≈ $18.11K
CN¥924.07 Million
≈ $135.22 Million
-0.02pp
2013-12-31 0.04% CN¥200.10K
≈ $29.28K
CN¥560.50 Million
≈ $82.02 Million
--
pp = percentage points

About Shenzhen Kaizhong Precision Technology Co Ltd

SHE:002823 China Tools & Accessories
Market Cap
$575.65 Million
CN¥3.93 Billion CNY
Market Cap Rank
#11220 Global
#3081 in China
Share Price
CN¥11.98
Change (1 day)
+2.13%
52-Week Range
CN¥11.73 - CN¥20.85
All Time High
CN¥555.98
About

Shenzhen Kaizhong Precision Technology Co., Ltd. engages in the research, development, production, and sale of core precision components in China and internationally. The company offers commutators, connectors and busbars, elastic parts, automotive lightweight parts, precise tools, intelligent equipment, multilayer insulated wire, and slip rings. Its products are used for automotive, household ap… Read more