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. See how liquid is Shenzhen MeiG Smart Technology Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Shenzhen MeiG Smart Technology Co Ltd asset portfolio.

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

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
Suzhou TFC Optical Communication Co Ltd SHE:300394	Communication Equipment	2.87%
Hengtong Optic Electric Co Ltd SHG:600487	Communication Equipment	0.56%
Jushri Technologies Inc Class A SHE:300762	Communication Equipment	26.94%
Tongyu Communication Inc SHE:002792	Communication Equipment	29.69%
Taihan Fiber Optics Co. Ltd KQ:010170	Communication Equipment	6.16%
Elsight Ltd AU:ELS	Communication Equipment	0.52%
Ubiquoss Inc KQ:264450	Communication Equipment	24.23%
Tailyn Technologies TWO:5353	Communication Equipment	6.45%

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

$1.74 Billion

CN¥11.92 Billion CNY

Market Cap Rank

#6673 Global

#1365 in China

Share Price

CN¥45.53

Change (1 day)

-1.56%

52-Week Range

CN¥33.93 - CN¥51.65

All Time High

CN¥71.29