Kingclean Electric Co Ltd - Asset Resilience Ratio
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. Read 603355 total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2022)
This chart shows how Kingclean Electric Co Ltd's Asset Resilience Ratio has changed over time. See 603355 net assets for net asset value and shareholders' equity analysis.
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. For market capitalisation and broader financial context, see 603355 market cap.
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 |
|---|---|---|
|
Guangdong Songfa Ceramics Co
SHG:603268 |
Furnishings, Fixtures & Appliances | 0.02% |
|
Dong Yi Ri Sheng Home Decoration Group Co Ltd
SHE:002713 |
Furnishings, Fixtures & Appliances | 0.35% |
|
Guangdong Homa Appliances Co Ltd
SHE:002668 |
Furnishings, Fixtures & Appliances | 15.99% |
|
Chengdu Fusen Noble-House Industrial Co Ltd
SHE:002818 |
Furnishings, Fixtures & Appliances | 22.64% |
|
Whirlpool S.A
SA:WHRL3 |
Furnishings, Fixtures & Appliances | 20.01% |
|
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A
SHE:300749 |
Furnishings, Fixtures & Appliances | 1.57% |
|
Markor International Home Furnishings Co Ltd
SHG:600337 |
Furnishings, Fixtures & Appliances | 0.50% |
|
UE Furniture Co Ltd
SHG:603600 |
Furnishings, Fixtures & Appliances | 0.00% |
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 ≈ $73.27 Million |
CN¥10.56 Billion ≈ $1.54 Billion |
-5.40pp |
| 2020-12-31 | 10.14% | CN¥722.61 Million ≈ $105.74 Million |
CN¥7.13 Billion ≈ $1.04 Billion |
+4.40pp |
| 2019-12-31 | 5.74% | CN¥308.45 Million ≈ $45.14 Million |
CN¥5.38 Billion ≈ $786.80 Million |
-4.47pp |
| 2016-12-31 | 10.21% | CN¥520.00 Million ≈ $76.09 Million |
CN¥5.10 Billion ≈ $745.59 Million |
+0.69pp |
| 2015-12-31 | 9.52% | CN¥354.00 Million ≈ $51.80 Million |
CN¥3.72 Billion ≈ $544.35 Million |
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About Kingclean Electric Co Ltd
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