CITIC Pacific Special Steel Group Co Ltd - Asset Resilience Ratio
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. Check strategic asset allocation of CITIC Pacific Special Steel Group Co Ltd to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2004–2019)
This chart shows how CITIC Pacific Special Steel Group Co Ltd's Asset Resilience Ratio has changed over time. See 000708 equity financing ratio to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see 000708 market cap.
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 |
|---|---|---|
|
Keum Kang Steel Co. Ltd
KQ:053260 |
Steel | 25.68% |
|
VOESTALPINE ADR 1/5/O.N.
F:VASS |
Steel | 0.68% |
|
Gerdau S.A
MX:GGBN |
Steel | 0.39% |
|
CSN Mineração S.A
SA:CMIN3 |
Steel | 10.02% |
|
Industrias CH S. A. B. de C. V
MX:ICHB |
Steel | 0.17% |
|
Gerdau S.A
SA:GGBR3 |
Steel | 0.39% |
|
Worthington Steel Inc
NYSE:WS |
Steel | 3.89% |
|
HBIS Co Ltd
SHE:000709 |
Steel | 0.20% |
Annual Asset Resilience Ratio for CITIC Pacific Special Steel Group Co Ltd (2004–2019)
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 |
|---|---|---|---|---|
| 2019-12-31 | 3.17% | CN¥2.30 Billion ≈ $336.67 Million |
CN¥72.59 Billion ≈ $10.62 Billion |
+1.33pp |
| 2009-12-31 | 1.84% | CN¥69.46 Million ≈ $10.16 Million |
CN¥3.78 Billion ≈ $553.65 Million |
+1.74pp |
| 2005-12-31 | 0.09% | CN¥3.00 Million ≈ $438.99K |
CN¥3.17 Billion ≈ $464.33 Million |
+0.02pp |
| 2004-12-31 | 0.07% | CN¥3.00 Million ≈ $438.99K |
CN¥4.06 Billion ≈ $594.51 Million |
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About CITIC Pacific Special Steel Group Co Ltd
CITIC Pacific Special Steel Group Co., Ltd engages in the manufacture and sale of steel materials in China. It 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-… Read more