Bengang Steel Plates Co Ltd - Asset Resilience Ratio
Bengang Steel Plates Co Ltd (000761) has an Asset Resilience Ratio of 0.71% as of September 2013. 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 000761 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2017)
This chart shows how Bengang Steel Plates Co Ltd's Asset Resilience Ratio has changed over time. See Bengang Steel Plates Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Bengang Steel Plates 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 000761 market cap overview.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥274.00 Million | 0.71% |
| Total Liquid Assets | CN¥274.00 Million | 0.71% |
Asset Resilience Insights
- Limited Liquidity: Bengang Steel Plates Co Ltd maintains only 0.71% 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.
Bengang Steel Plates Co Ltd Industry Peers by Asset Resilience Ratio
Compare Bengang Steel Plates Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Tata Steel Limited
NSE:TATASTEEL |
Steel | 0.33% |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Zhejiang JIULI Hi-tech Metals Co Ltd
SHE:002318 |
Steel | 1.84% |
|
Hyundai Steel
KO:004020 |
Steel | 2.96% |
|
Feng Hsin Steel Co Ltd
TW:2015 |
Steel | 0.94% |
|
Hang Xiao Steel Structure Co Ltd
SHG:600477 |
Steel | 0.00% |
|
Lingyuan Iron & Steel Co Ltd
SHG:600231 |
Steel | 0.02% |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158 |
Steel | 0.00% |
Annual Asset Resilience Ratio for Bengang Steel Plates Co Ltd (2016–2017)
The table below shows the annual Asset Resilience Ratio data for Bengang Steel Plates Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2017-12-31 | 0.80% | CN¥506.00 Million ≈ $74.04 Million |
CN¥63.00 Billion ≈ $9.22 Billion |
+0.35pp |
| 2016-12-31 | 0.45% | CN¥244.00 Million ≈ $35.70 Million |
CN¥54.16 Billion ≈ $7.92 Billion |
-- |
About Bengang Steel Plates Co Ltd
Bengang Steel Plates Co., Ltd. engages in production and trading of ferrous metal products in China. The company is involved in steel smelting, rolling and processing, power generation, coal chemicals, specialty steel bars, railway operations, import and export trade, research and development, and product sales businesses. It also offers automotive panels, appliance sheets, oil pipeline steel, co… Read more