Shenzhen Kaizhong Precision Technology Co Ltd - Asset Resilience Ratio

Latest as of March 2024: -1.12%

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. Read total liabilities of Shenzhen Kaizhong Precision Technology C for a breakdown of total debt and financial obligations.

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 Trend (2013–2018)

This chart shows how Shenzhen Kaizhong Precision Technology Co Ltd's Asset Resilience Ratio has changed over time. See 002823 book value for net asset value and shareholders' equity analysis.

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 market capitalisation and broader financial context, see 002823 market cap.

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
Kinik Co
TW:1560
Tools & Accessories 0.02%
Zhejiang Prulde Electric Appliance Co. Ltd. A
SHE:301353
Tools & Accessories 1.53%
YG-1 Co. Ltd
KQ:019210
Tools & Accessories 0.05%
Jouder Precision Industry Kunshan Co Ltd
SHE:300549
Tools & Accessories 12.44%
BBC Co. Ltd.
KQ:318410
Tools & Accessories 13.18%
Khgears International Limited
TW:4571
Tools & Accessories 9.01%
Maschinenfabrik HEID AG
VI:HED
Tools & Accessories 13.47%
Hangzhou Great Star Industrial Co Ltd
SHE:002444
Tools & Accessories 4.81%

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

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
$780.34 Million
CN¥5.33 Billion CNY
Market Cap Rank
#10278 Global
#2965 in China
Share Price
CN¥16.24
Change (1 day)
+0.37%
52-Week Range
CN¥12.85 - CN¥18.90
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