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. Read 603355 total debt and obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥500.74 Million
≈ $73.27 Million USD Cash + Short-term Investments

Total Assets

CN¥10.56 Billion
≈ $1.54 Billion USD 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. 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
--
pp = percentage points

About Kingclean Electric Co Ltd

SHG:603355 China Furnishings, Fixtures & Appliances
Market Cap
$2.69 Billion
CN¥18.37 Billion CNY
Market Cap Rank
#5281 Global
#1044 in China
Share Price
CN¥32.04
Change (1 day)
+2.59%
52-Week Range
CN¥21.51 - 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