Kingclean Electric Co Ltd Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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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, air purifiers, water purifiers, and kitchen appliances, as well as garden tools, and core component business including high-speed digital… Read more