Shenzhen MeiG Smart Technology Co Ltd
MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of wireless communication modules and Internet of Things solutions in China and internationally. Its products include 5G smart, 5G and 4G LTE, AI computing, automotive, smart, LPWA, and GNSS modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, bli… Read more
Shenzhen MeiG Smart Technology Co Ltd - Asset Resilience Ratio
Shenzhen MeiG Smart Technology Co Ltd (002881) has an Asset Resilience Ratio of 2.18% as of September 2020. 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2019)
This chart shows how Shenzhen MeiG Smart Technology Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Shenzhen MeiG Smart Technology Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥20.34 Million | 2.18% |
| Total Liquid Assets | CN¥20.34 Million | 2.18% |
Asset Resilience Insights
- Limited Liquidity: Shenzhen MeiG Smart Technology Co Ltd maintains only 2.18% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Shenzhen MeiG Smart Technology Co Ltd Industry Peers by Asset Resilience Ratio
Compare Shenzhen MeiG Smart Technology Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Gaon Cable
KO:000500 |
Communication Equipment | 3.75% |
|
Addsino Co Ltd
SHE:000547 |
Communication Equipment | 0.61% |
|
Sichuan Huiyuan Optical Com
SHE:000586 |
Communication Equipment | 0.35% |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669 |
Communication Equipment | 0.05% |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801 |
Communication Equipment | 1.86% |
|
Skyworth Digital Co Ltd
SHE:000810 |
Communication Equipment | 1.40% |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851 |
Communication Equipment | 0.73% |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052 |
Communication Equipment | -13.53% |
Annual Asset Resilience Ratio for Shenzhen MeiG Smart Technology Co Ltd (2019–2019)
The table below shows the annual Asset Resilience Ratio data for Shenzhen MeiG Smart Technology Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 4.49% | CN¥35.24 Million | CN¥784.64 Million | -- |