CITIC Pacific Special Steel Group Co Ltd

SHE:000708 China Steel
Market Cap
$11.21 Billion
CN¥82.27 Billion CNY
Market Cap Rank
#5254 Global
#664 in China
Share Price
CN¥16.30
Change (1 day)
-6.21%
52-Week Range
CN¥11.20 - CN¥18.03
All Time High
CN¥50.48
About

CITIC Pacific Special Steel Group Co., Ltd manufactures and sells steel materials in China. The company offers bearing, gear, non-quenched and tempered free cutting, spring, mooring chain, and energy steel, as well as continuous casting round billet; pipeline steel, ship and ocean engineering steel, rack steel, container steel, boiler steel, nickel series ultra-low temperature steel, high-strengt… Read more

CITIC Pacific Special Steel Group Co Ltd - Asset Resilience Ratio

Latest as of September 2023: -0.25%

CITIC Pacific Special Steel Group Co Ltd (000708) has an Asset Resilience Ratio of -0.25% as of September 2023. 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
CN¥-292.96 Million
Cash + Short-term Investments
Total Assets
CN¥117.40 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2004–2005)

This chart shows how CITIC Pacific Special Steel Group 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 CITIC Pacific Special Steel Group 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 CN¥0.00 0%
Short-term Investments CN¥-292.96 Million -0.25%
Total Liquid Assets CN¥-292.96 Million -0.25%

Asset Resilience Insights

  • Limited Liquidity: CITIC Pacific Special Steel Group Co Ltd maintains only -0.25% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

CITIC Pacific Special Steel Group Co Ltd Industry Peers by Asset Resilience Ratio

Compare CITIC Pacific Special Steel Group Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Sgis Songshan Co Ltd
SHE:000717
Steel 4.93%
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
Steel 0.00%
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
Steel -0.16%
Angang Steel Co Ltd Class A
SHE:000898
Steel 0.02%
Jiangsu Fasten Co Ltd
SHE:000890
Steel 16.91%
Hunan Valin Steel Co Ltd
SHE:000932
Steel 1.20%
Beijing Shougang Co Ltd
SHE:000959
Steel 0.03%
Korea Cast Pip
KO:000970
Steel 15.36%

Annual Asset Resilience Ratio for CITIC Pacific Special Steel Group Co Ltd (2004–2005)

The table below shows the annual Asset Resilience Ratio data for CITIC Pacific Special Steel Group Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2005-12-31 0.09% CN¥3.00 Million CN¥3.17 Billion +0.02pp
2004-12-31 0.07% CN¥3.00 Million CN¥4.06 Billion --
pp = percentage points