Shanxi Taigang Stainless Steel Co Ltd - Asset Resilience Ratio
Shanxi Taigang Stainless Steel Co Ltd (000825) has an Asset Resilience Ratio of 0.80% as of December 2024. 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 how liquid is Shanxi Taigang Stainless Steel Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1998–2024)
This chart shows how Shanxi Taigang Stainless Steel Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see how large is Shanxi Taigang Stainless Steel Co Ltd's balance sheet.
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. Explore long-term investment intensity of Shanxi Taigang Stainless Steel Co Ltd 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¥540.00 Million | 0.8% |
| Total Liquid Assets | CN¥540.00 Million | 0.80% |
Asset Resilience Insights
- Limited Liquidity: Shanxi Taigang Stainless Steel Co Ltd maintains only 0.80% 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.
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 |
|---|---|---|
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708 |
Steel | -0.25% |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Jindal Stainless Limited
NSE:JSL |
Steel | 0.00% |
|
Vallourec
PA:VK |
Steel | -1.12% |
|
EREGLI DEM CEL FABR DL1
F:EDVA |
Steel | 0.04% |
|
Hainan Mining Co Ltd
SHG:601969 |
Steel | 0.58% |
|
Champion Iron Ltd
TO:CIA |
Steel | 0.00% |
|
Jiangsu Changbao Steeltube Co Ltd
SHE:002478 |
Steel | 3.52% |
Annual Asset Resilience Ratio for Shanxi Taigang Stainless Steel Co Ltd (1998–2024)
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 |
|---|---|---|---|---|
| 2024-12-31 | 0.80% | CN¥540.00 Million ≈ $79.02 Million |
CN¥67.53 Billion ≈ $9.88 Billion |
+0.95pp |
| 2022-12-31 | -0.15% | CN¥-111.97 Million ≈ $-16.38 Million |
CN¥72.86 Billion ≈ $10.66 Billion |
-12.78pp |
| 2021-12-31 | 12.62% | CN¥8.53 Billion ≈ $1.25 Billion |
CN¥67.60 Billion ≈ $9.89 Billion |
-0.63pp |
| 2020-12-31 | 13.25% | CN¥9.09 Billion ≈ $1.33 Billion |
CN¥68.59 Billion ≈ $10.04 Billion |
+13.34pp |
| 2019-12-31 | -0.09% | CN¥-63.45 Million ≈ $-9.29 Million |
CN¥69.55 Billion ≈ $10.18 Billion |
+0.01pp |
| 2018-12-31 | -0.10% | CN¥-71.94 Million ≈ $-10.53 Million |
CN¥71.82 Billion ≈ $10.51 Billion |
-0.10pp |
| 2017-12-31 | 0.00% | CN¥2.14 Million ≈ $313.00K |
CN¥74.50 Billion ≈ $10.90 Billion |
-0.10pp |
| 2016-12-31 | 0.10% | CN¥73.29 Million ≈ $10.72 Million |
CN¥72.66 Billion ≈ $10.63 Billion |
+0.09pp |
| 2015-12-31 | 0.01% | CN¥6.96 Million ≈ $1.02 Million |
CN¥72.45 Billion ≈ $10.60 Billion |
+0.07pp |
| 2014-12-31 | -0.06% | CN¥-46.12 Million ≈ $-6.75 Million |
CN¥76.31 Billion ≈ $11.17 Billion |
+0.00pp |
| 2013-12-31 | -0.06% | CN¥-48.12 Million ≈ $-7.04 Million |
CN¥75.81 Billion ≈ $11.09 Billion |
+0.01pp |
| 2012-12-31 | -0.07% | CN¥-50.03 Million ≈ $-7.32 Million |
CN¥69.47 Billion ≈ $10.17 Billion |
-0.65pp |
| 2011-12-31 | 0.58% | CN¥383.49 Million ≈ $56.12 Million |
CN¥66.26 Billion ≈ $9.70 Billion |
-2.93pp |
| 2001-12-31 | 3.51% | CN¥200.00 Million ≈ $29.27 Million |
CN¥5.70 Billion ≈ $834.49 Million |
-8.48pp |
| 1999-12-31 | 11.99% | CN¥480.00 Million ≈ $70.24 Million |
CN¥4.00 Billion ≈ $585.87 Million |
-1.14pp |
| 1998-12-31 | 13.13% | CN¥470.00 Million ≈ $68.78 Million |
CN¥3.58 Billion ≈ $523.93 Million |
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About Shanxi Taigang Stainless Steel Co Ltd
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