Jiangsu Fasten Co Ltd - Asset Resilience Ratio

Latest as of March 2024: 16.91%

Jiangsu Fasten Co Ltd (000890) has an Asset Resilience Ratio of 16.91% as of March 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. Read debt load of Jiangsu Fasten Co Ltd for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥252.46 Million

≈ $36.94 Million USD Cash + Short-term Investments

Total Assets

CN¥1.49 Billion

≈ $218.48 Million USD All company assets

Resilience Assessment

Good

Financial Resilience Level

Asset Resilience Ratio Trend (2003–2023)

This chart shows how Jiangsu Fasten Co Ltd's Asset Resilience Ratio has changed over time. See Jiangsu Fasten Co Ltd book value and equity for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Jiangsu Fasten 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 000890 stock market capitalisation.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥252.46 Million	16.91%
Total Liquid Assets	CN¥252.46 Million	16.91%

Asset Resilience Insights

Good Liquidity Position: Jiangsu Fasten Co Ltd maintains a healthy 16.91% of assets in liquid form.
This level provides good financial flexibility while maintaining productive asset deployment.
The company has significant short-term investments, indicating active treasury management.

Jiangsu Fasten Co Ltd Industry Peers by Asset Resilience Ratio

Compare Jiangsu Fasten Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Inner Mongolia Dazhong Mining Co Ltd SHE:001203	Steel	0.00%
Industrias CH S. A. B. de C. V MX:ICHB	Steel	0.17%
Sansteel MinGuang Co Ltd Fujian SHE:002110	Steel	2.23%
Tiangong International Company Limited F:34T1	Steel	4.78%
Jai Balaji Industries Limited NSE:JAIBALAJI	Steel	3.22%
Luyin Investment Group Co Ltd SHG:600784	Steel	0.00%
Rana Gruber AS OL:RANA	Steel	3.40%
Hai Kwang Enterprise Corp TW:2038	Steel	1.37%

Annual Asset Resilience Ratio for Jiangsu Fasten Co Ltd (2003–2023)

The table below shows the annual Asset Resilience Ratio data for Jiangsu Fasten Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	17.96%	CN¥277.46 Million ≈ $40.60 Million	CN¥1.55 Billion ≈ $226.09 Million	+11.90pp
2022-12-31	6.06%	CN¥111.47 Million ≈ $16.31 Million	CN¥1.84 Billion ≈ $269.12 Million	+6.80pp
2021-12-31	-0.74%	CN¥-14.53 Million ≈ $-2.13 Million	CN¥1.96 Billion ≈ $287.12 Million	-0.74pp
2020-12-31	0.00%	CN¥0.45 ≈ $0.07	CN¥926.42 Million ≈ $135.56 Million	-1.30pp
2019-12-31	1.30%	CN¥62.22 Million ≈ $9.11 Million	CN¥4.79 Billion ≈ $700.65 Million	+1.30pp
2018-12-31	0.00%	CN¥-344.27K ≈ $-50.38K	CN¥7.52 Billion ≈ $1.10 Billion	-0.04pp
2017-12-31	0.03%	CN¥3.00 Million ≈ $438.99K	CN¥9.69 Billion ≈ $1.42 Billion	+0.03pp
2014-12-31	0.00%	CN¥127.75K ≈ $18.69K	CN¥3.11 Billion ≈ $455.17 Million	+0.04pp
2009-12-31	-0.03%	CN¥-1.04 Million ≈ $-151.93K	CN¥3.03 Billion ≈ $443.50 Million	-0.04pp
2006-12-31	0.01%	CN¥250.00K ≈ $36.58K	CN¥3.80 Billion ≈ $555.34 Million	-0.01pp
2005-12-31	0.02%	CN¥600.00K ≈ $87.80K	CN¥3.69 Billion ≈ $539.86 Million	+0.00pp
2004-12-31	0.02%	CN¥510.00K ≈ $74.63K	CN¥3.34 Billion ≈ $489.40 Million	0.00pp
2003-12-31	0.02%	CN¥500.00K ≈ $73.17K	CN¥2.68 Billion ≈ $391.89 Million	--

pp = percentage points

About Jiangsu Fasten Co Ltd

SHE:000890 China Steel

Market Cap

$961.31 Million

CN¥6.57 Billion CNY

Market Cap Rank

#9279 Global

#2511 in China

Share Price

CN¥15.66

Change (1 day)

-8.95%

52-Week Range

CN¥3.49 - CN¥17.61

All Time High

CN¥17.61