Shenzhen MeiG Smart Technology Co Ltd - Asset Resilience Ratio

Latest as of September 2020: 2.18%

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. Read total liabilities of Shenzhen MeiG Smart Technology Co Ltd for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥20.34 Million

≈ $2.98 Million USD Cash + Short-term Investments

Total Assets

CN¥931.56 Million

≈ $136.32 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2019–2019)

This chart shows how Shenzhen MeiG Smart Technology Co Ltd's Asset Resilience Ratio has changed over time. See 002881 net assets for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see Shenzhen MeiG Smart Technology Co Ltd (002881) market capitalisation.

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
Eoptolink Technology Inc Ltd SHE:300502	Communication Equipment	2.73%
Shandong Zhongji Electrical Equipment Co Ltd SHE:300308	Communication Equipment	0.03%
Linktel Technologies Co. Ltd. A SHE:301205	Communication Equipment	10.54%
Fujian Star Net Communic Ltd SHE:002396	Communication Equipment	0.93%
Tongyu Communication Inc SHE:002792	Communication Equipment	32.15%
Raisecom Technology Co Ltd SHG:603803	Communication Equipment	0.34%
GHT Co Ltd Class A SHE:300711	Communication Equipment	9.19%
Shenzhen Dvision Video Communica SHE:300167	Communication Equipment	-0.01%

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 ≈ $5.16 Million	CN¥784.64 Million ≈ $114.82 Million	--

pp = percentage points

About Shenzhen MeiG Smart Technology Co Ltd

SHE:002881 China Communication Equipment

Market Cap

$1.58 Billion

CN¥10.81 Billion CNY

Market Cap Rank

#7225 Global

#1741 in China

Share Price

CN¥41.31

Change (1 day)

+1.45%

52-Week Range

CN¥35.90 - CN¥58.97

All Time High

CN¥71.29