Shanxi Taigang Stainless Steel Co Ltd - Asset Resilience Ratio
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. Read Shanxi Taigang Stainless Steel Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1998–2022)
This chart shows how Shanxi Taigang Stainless Steel Co Ltd's Asset Resilience Ratio has changed over time. See Shanxi Taigang Stainless Steel Co Ltd (000825) net assets for net asset value and shareholders' equity analysis.
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. For market capitalisation and broader financial context, see market value of Shanxi Taigang Stainless Steel Co Ltd.
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 |
|---|---|---|
|
NMDC Limited
NSE:NMDC |
Steel | 24.80% |
|
Champion Iron Ltd
TO:CIA |
Steel | 0.00% |
|
Cia de Ferro Ligas da Bahia - FERBASA
SA:FESA3 |
Steel | 20.52% |
|
Prakash Industries Limited
NSE:PRAKASH |
Steel | 10.08% |
|
FENIX Resources Ltd
AU:FEX |
Steel | 0.27% |
|
Ayes Celik Hasir ve Cit Sanayi AS
IS:AYES |
Steel | 8.56% |
|
Samhyun Steel Co. Ltd
KQ:017480 |
Steel | 33.55% |
|
Jeil Technos Co.Ltd
KQ:038010 |
Steel | 0.68% |
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 ≈ $-16.38 Million |
CN¥72.86 Billion ≈ $10.66 Billion |
+0.02pp |
| 2021-12-31 | -0.17% | CN¥-117.08 Million ≈ $-17.13 Million |
CN¥67.60 Billion ≈ $9.89 Billion |
+0.00pp |
| 2020-12-31 | -0.18% | CN¥-120.10 Million ≈ $-17.57 Million |
CN¥68.30 Billion ≈ $9.99 Billion |
-0.08pp |
| 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 |
-0.04pp |
| 2017-12-31 | -0.06% | CN¥-44.88 Million ≈ $-6.57 Million |
CN¥74.50 Billion ≈ $10.90 Billion |
+0.00pp |
| 2016-12-31 | -0.06% | CN¥-45.05 Million ≈ $-6.59 Million |
CN¥72.59 Billion ≈ $10.62 Billion |
+0.00pp |
| 2015-12-31 | -0.06% | CN¥-46.55 Million ≈ $-6.81 Million |
CN¥72.45 Billion ≈ $10.60 Billion |
0.00pp |
| 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¥65.81 Billion ≈ $9.63 Billion |
-2.92pp |
| 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 |
-1.13pp |
| 1998-12-31 | 13.12% | CN¥470.00 Million ≈ $68.78 Million |
CN¥3.58 Billion ≈ $524.31 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