Bengang Steel Plates Co Ltd - Asset Resilience Ratio

Latest as of September 2013: 0.71%

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.

Liquid Assets

CN¥274.00 Million
≈ $40.09 Million USD Cash + Short-term Investments

Total Assets

CN¥38.79 Billion
≈ $5.68 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2017)

This chart shows how Bengang Steel Plates Co Ltd's Asset Resilience Ratio has changed over time. Check asset allocation strategy of Bengang Steel Plates Co Ltd to assess the company's strategic physical and investment asset allocation.

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 market value of Bengang Steel Plates Co Ltd.

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%
Nanjing Iron & Steel Co Ltd
SHG:600282
Steel 1.85%
Yongxing Special Stainless Steel Co Ltd
SHE:002756
Steel 25.98%
Worthington Steel Inc
NYSE:WS
Steel 3.89%
Jai Balaji Industries Limited
NSE:JAIBALAJI
Steel 2.15%
Rajratan Global Wire Limited
NSE:RAJRATAN
Steel 1.28%
The Orissa Minerals Development Company Limited
NSE:ORISSAMINE
Steel 3.18%
Gaon Group Ltd
TA:GAGR
Steel 1.81%

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
--
pp = percentage points

About Bengang Steel Plates Co Ltd

SHE:000761 China Steel
Market Cap
$1.28 Billion
CN¥8.71 Billion CNY
Market Cap Rank
#7741 Global
#1709 in China
Share Price
CN¥2.35
Change (1 day)
+0.86%
52-Week Range
CN¥2.14 - CN¥3.91
All Time High
CN¥6.05
About

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