Sgis Songshan Co Ltd - Asset Resilience Ratio
Sgis Songshan Co Ltd (000717) has an Asset Resilience Ratio of 4.93% as of September 2025. 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 000717 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2006–2024)
This chart shows how Sgis Songshan Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Sgis Songshan Co Ltd balance sheet assets.
Liquid Assets Composition Over Time
This chart breaks down Sgis Songshan Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Sgis Songshan Co Ltd (000717) long-term investment share to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥985.90 Million | 4.93% |
| Total Liquid Assets | CN¥985.90 Million | 4.93% |
Asset Resilience Insights
- Limited Liquidity: Sgis Songshan Co Ltd maintains only 4.93% 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.
Sgis Songshan Co Ltd Industry Peers by Asset Resilience Ratio
Compare Sgis Songshan Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Jindal Steel & Power Limited
NSE:JINDALSTEL |
Steel | 2.16% |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Hang Zhou Iron & Steel Co Ltd
SHG:600126 |
Steel | 2.38% |
|
Champion Iron Ltd
TO:CIA |
Steel | 0.00% |
|
Xinjiang Ba Yi Iron & Steel Co Ltd
SHG:600581 |
Steel | 0.00% |
|
Invercap
SN:INVERCAP |
Steel | 0.00% |
|
Ratnaveer Precision Engineering Ltd
NSE:RATNAVEER |
Steel | 2.53% |
|
KISCO Corp
KO:104700 |
Steel | 43.80% |
Annual Asset Resilience Ratio for Sgis Songshan Co Ltd (2006–2024)
The table below shows the annual Asset Resilience Ratio data for Sgis Songshan Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.08% | CN¥15.63 Million ≈ $2.29 Million |
CN¥20.33 Billion ≈ $2.98 Billion |
+0.06pp |
| 2023-12-31 | 0.02% | CN¥4.32 Million ≈ $632.31K |
CN¥21.26 Billion ≈ $3.11 Billion |
-0.33pp |
| 2016-12-31 | 0.35% | CN¥52.30 Million ≈ $7.65 Million |
CN¥14.98 Billion ≈ $2.19 Billion |
+0.31pp |
| 2015-12-31 | 0.04% | CN¥6.63 Million ≈ $969.60K |
CN¥16.56 Billion ≈ $2.42 Billion |
-0.34pp |
| 2006-12-31 | 0.38% | CN¥46.72 Million ≈ $6.84 Million |
CN¥12.27 Billion ≈ $1.79 Billion |
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About Sgis Songshan Co Ltd
Guangdong Zhongnan Iron and Steel Co., Ltd. engages in the production and sale of iron and steel metallurgical products. It serves ferrous smelting and rolling processing industry. The company was founded in 1989 and is based in Shaoguan, China. Guangdong Zhongnan Iron and Steel Co., Ltd. operates as a subsidiary of Baowu Group Zhongnan Iron and Steel Co., Ltd.