Shanxi Taigang Stainless Steel Co Ltd

SHE:000825 China Steel
Market Cap
$3.70 Billion
CN¥27.11 Billion CNY
Market Cap Rank
#6241 Global
#927 in China
Share Price
CN¥4.76
Change (1 day)
-0.42%
52-Week Range
CN¥3.18 - CN¥5.57
All Time High
CN¥11.84
About

Shanxi Taigang Stainless Steel Co., Ltd. engages in the production and sales of steel products in China and internationally. The company's products include stainless steel, cold-rolled silicon steel, carbon steel hot-rolled coils, train axle steel, alloy die steel, military steel, etc.; ultra-pure ferrite, dual-phase steel, high-carbon martensite, non-magnetic steel, railway passenger and freight… Read more

Shanxi Taigang Stainless Steel Co Ltd - Asset Resilience Ratio

Latest as of September 2023: -0.16%

Shanxi Taigang Stainless Steel Co Ltd (000825) has an Asset Resilience Ratio of -0.16% 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¥-111.40 Million
Cash + Short-term Investments
Total Assets
CN¥69.68 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (1998–2022)

This chart shows how Shanxi Taigang Stainless Steel 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 Shanxi Taigang Stainless Steel 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¥-111.40 Million -0.16%
Total Liquid Assets CN¥-111.40 Million -0.16%

Asset Resilience Insights

  • Limited Liquidity: Shanxi Taigang Stainless Steel Co Ltd maintains only -0.16% 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.

Shanxi Taigang Stainless Steel Co Ltd Industry Peers by Asset Resilience Ratio

Compare Shanxi Taigang Stainless Steel Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
365330
KQ:365330
Steel 14.10%
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
Steel -0.25%
HBIS Co Ltd
SHE:000709
Steel 0.20%
Sgis Songshan Co Ltd
SHE:000717
Steel 4.93%
Bengang Steel Plates Co Ltd
SHE:000761
Steel 0.71%
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
Steel 0.00%
Jiangsu Fasten Co Ltd
SHE:000890
Steel 16.91%
Angang Steel Co Ltd Class A
SHE:000898
Steel 0.02%

Annual Asset Resilience Ratio for Shanxi Taigang Stainless Steel Co Ltd (1998–2022)

The table below shows the annual Asset Resilience Ratio data for Shanxi Taigang Stainless Steel Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 -0.15% CN¥-111.97 Million CN¥72.86 Billion +0.02pp
2021-12-31 -0.17% CN¥-117.08 Million CN¥67.60 Billion +0.00pp
2020-12-31 -0.18% CN¥-120.10 Million CN¥68.30 Billion -0.08pp
2019-12-31 -0.09% CN¥-63.45 Million CN¥69.55 Billion +0.01pp
2018-12-31 -0.10% CN¥-71.94 Million CN¥71.82 Billion -0.04pp
2017-12-31 -0.06% CN¥-44.88 Million CN¥74.50 Billion +0.00pp
2016-12-31 -0.06% CN¥-45.05 Million CN¥72.59 Billion +0.00pp
2015-12-31 -0.06% CN¥-46.55 Million CN¥72.45 Billion 0.00pp
2014-12-31 -0.06% CN¥-46.12 Million CN¥76.31 Billion +0.00pp
2013-12-31 -0.06% CN¥-48.12 Million CN¥75.81 Billion +0.01pp
2012-12-31 -0.07% CN¥-50.03 Million CN¥69.47 Billion -0.65pp
2011-12-31 0.58% CN¥383.49 Million CN¥65.81 Billion -2.92pp
2001-12-31 3.51% CN¥200.00 Million CN¥5.70 Billion -8.48pp
1999-12-31 11.99% CN¥480.00 Million CN¥4.00 Billion -1.13pp
1998-12-31 13.12% CN¥470.00 Million CN¥3.58 Billion --
pp = percentage points