Jinchuan Group International Resources Co. Ltd
Jinchuan Group International Resources Co. Ltd, an investment holding company, engages in mining operations. The company explores for copper, cobalt, and copper concentrates. It also operates Ruashi mine, a copper and cobalt mine located in Lubumbashi, the Democratic Republic of Congo; Kinsenda mine, a copper mine situated in Haut-Katanga Province, the Democratic Republic of Congo; Chibuluma sout… Read more
Jinchuan Group International Resources Co. Ltd - Asset Resilience Ratio
Jinchuan Group International Resources Co. Ltd (JGRRF) has an Asset Resilience Ratio of 1.22% as of June 2024. 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2023)
This chart shows how Jinchuan Group International Resources 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 Jinchuan Group International Resources 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 | $0.00 | 0% |
| Short-term Investments | $28.00 Million | 1.22% |
| Total Liquid Assets | $28.00 Million | 1.22% |
Asset Resilience Insights
- Limited Liquidity: Jinchuan Group International Resources Co. Ltd maintains only 1.22% 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.
Jinchuan Group International Resources Co. Ltd Industry Peers by Asset Resilience Ratio
Compare Jinchuan Group International Resources Co. Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630 |
Copper | 0.44% |
|
North Copper Shanxi Co Ltd
SHE:000737 |
Copper | 0.13% |
|
Yunnan Copper Co Ltd
SHE:000878 |
Copper | 0.34% |
|
Zhejiang Hailiang Co Ltd
SHE:002203 |
Copper | 0.03% |
|
Poongsan Holdi
KO:005810 |
Copper | 0.19% |
|
First Copper Technology Co Ltd
TW:2009 |
Copper | 1.85% |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618 |
Copper | 0.00% |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697 |
Copper | 0.25% |
Annual Asset Resilience Ratio for Jinchuan Group International Resources Co. Ltd (2020–2023)
The table below shows the annual Asset Resilience Ratio data for Jinchuan Group International Resources Co. Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.22% | $26.48 Million | $2.17 Billion | +0.59pp |
| 2022-12-31 | 0.63% | $12.75 Million | $2.03 Billion | -0.35pp |
| 2021-12-31 | 0.98% | $19.98 Million | $2.04 Billion | -0.97pp |
| 2020-12-31 | 1.95% | $34.48 Million | $1.77 Billion | -- |