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. Read Shanxi Taigang Stainless Steel Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥-111.40 Million
≈ $-16.30 Million USD Cash + Short-term Investments

Total Assets

CN¥69.68 Billion
≈ $10.20 Billion USD 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. 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
--
pp = percentage points

About Shanxi Taigang Stainless Steel Co Ltd

SHE:000825 China Steel
Market Cap
$3.54 Billion
CN¥24.21 Billion CNY
Market Cap Rank
#4462 Global
#799 in China
Share Price
CN¥4.25
Change (1 day)
-1.16%
52-Week Range
CN¥3.51 - 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