Kingclean Electric Co Ltd

SHG:603355 China Furnishings, Fixtures & Appliances
Market Cap
$2.47 Billion
CN¥18.10 Billion CNY
Market Cap Rank
#6299 Global
#943 in China
Share Price
CN¥31.56
Change (1 day)
-0.32%
52-Week Range
CN¥20.47 - CN¥37.46
All Time High
CN¥39.57
About

Kingclean Electric Co.,Ltd, an electric household company, manufactures and sells home appliances, kitchen appliances, and garden tools under the KingClean brand in the People's Republic of China. Its products include cleaning products, such as vacuum cleaners and robots, steamer cleaners, and mattress cleaners; environment appliances, including air and water purifiers, tea maker, humidifier, fan… Read more

Kingclean Electric Co Ltd - Asset Resilience Ratio

Latest as of December 2022: 4.74%

Kingclean Electric Co Ltd (603355) has an Asset Resilience Ratio of 4.74% as of December 2022. 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
CN¥500.74 Million
Cash + Short-term Investments
Total Assets
CN¥10.56 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2022)

This chart shows how Kingclean Electric 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 Kingclean Electric 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¥500.74 Million 4.74%
Total Liquid Assets CN¥500.74 Million 4.74%

Asset Resilience Insights

  • Limited Liquidity: Kingclean Electric Co Ltd maintains only 4.74% 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.

Kingclean Electric Co Ltd Industry Peers by Asset Resilience Ratio

Compare Kingclean Electric Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Midea Group Co Ltd
SHE:000333
Furnishings, Fixtures & Appliances 0.55%
Gree Electric Appliances Inc of Zhuhai
SHE:000651
Furnishings, Fixtures & Appliances 7.44%
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
Furnishings, Fixtures & Appliances 29.23%
Suncha Technology Co Ltd
SHE:001211
Furnishings, Fixtures & Appliances 0.07%
Beijing Liven Technology Co. Ltd.
SHE:001259
Furnishings, Fixtures & Appliances 0.00%
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
Furnishings, Fixtures & Appliances 34.26%
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
Furnishings, Fixtures & Appliances 14.97%
Hefei Snowky Elec Co Ltd
SHE:001387
Furnishings, Fixtures & Appliances 2.89%

Annual Asset Resilience Ratio for Kingclean Electric Co Ltd (2015–2022)

The table below shows the annual Asset Resilience Ratio data for Kingclean Electric Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 4.74% CN¥500.74 Million CN¥10.56 Billion -5.40pp
2020-12-31 10.14% CN¥722.61 Million CN¥7.13 Billion +4.40pp
2019-12-31 5.74% CN¥308.45 Million CN¥5.38 Billion -4.47pp
2016-12-31 10.21% CN¥520.00 Million CN¥5.10 Billion +0.69pp
2015-12-31 9.52% CN¥354.00 Million CN¥3.72 Billion --
pp = percentage points