Kingclean Electric Co Ltd Asset Resilience Ratio

Latest as of December 2022: 4.74%

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. See how many days can Kingclean Electric Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

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 of Kingclean Electric Co Ltd (2015–2022)

Asset resilience ratio of Kingclean Electric Co Ltd from 2015 to 2022. This chart shows how Kingclean Electric Co Ltd's Asset Resilience Ratio has changed over time. Read 603355 total liabilities for a breakdown of total debt and financial obligations.

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 the complete balance sheet picture, see Kingclean Electric Co Ltd asset portfolio.

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
Opple Lighting Co Ltd
SHG:603515
Furnishings, Fixtures & Appliances 38.10%
Chengdu Fusen Noble-House Industrial Co Ltd
SHE:002818
Furnishings, Fixtures & Appliances 36.34%
Zhejiang Tianzhen Technology Co. Ltd. A
SHE:301356
Furnishings, Fixtures & Appliances 26.50%
Zhejiang Entive Smart Kitchen Appliance Co. Ltd.
SHE:300911
Furnishings, Fixtures & Appliances 37.18%
Guangdong SACA Precision Manufacturing Co Ltd
SHE:300464
Furnishings, Fixtures & Appliances 0.03%
Kennede Electronics MFG Co Ltd
SHE:002723
Furnishings, Fixtures & Appliances -0.34%
Nanjing OLO Home Furnishing
SHG:603326
Furnishings, Fixtures & Appliances 9.14%
CARYSIL LIMITED
NSE:CARYSIL
Furnishings, Fixtures & Appliances 5.42%

Kingclean Electric Co Ltd Asset Resilience Ratio by Year (2015–2022)

Kingclean Electric Co Ltd asset resilience ratio by year from 2015 to 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
$2.78 Billion
CN¥19.03 Billion CNY
Market Cap Rank
#4964 Global
#802 in China
Share Price
CN¥33.19
Change (1 day)
-3.60%
52-Week Range
CN¥23.37 - 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, air purifiers, water purifiers, and kitchen appliances, as well as garden tools, and core component business including high-speed digital… Read more