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 002881 total liabilities 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 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

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 the complete balance sheet picture, see balance sheet size of Shenzhen MeiG Smart Technology Co Ltd.

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
Yangtze Optical Fibre and Cable Joint Stock Ltd Co SHG:601869	Communication Equipment	4.95%
YANGTZE OPT.FIB.AND CAB.H F:1YO	Communication Equipment	5.44%
Wingtech Technology Co Ltd SHG:600745	Communication Equipment	3.27%
Applied Opt NASDAQ:AAOI	Communication Equipment	-1.43%
Cetc Potevio Science&Technology Co Ltd SHE:002544	Communication Equipment	0.11%
Seojin System Co.Ltd KQ:178320	Communication Equipment	0.02%
HF Company SA PA:ALHF	Communication Equipment	90.49%
Elsight Ltd AU:ELS	Communication Equipment	0.52%

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

$1.42 Billion

CN¥9.72 Billion CNY

Market Cap Rank

#7452 Global

#1647 in China

Share Price

CN¥37.15

Change (1 day)

-1.38%

52-Week Range

CN¥33.93 - CN¥58.97

All Time High

CN¥71.29