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. See 000890 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Jiangsu Fasten Co Ltd (000890) total assets.

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. Explore Jiangsu Fasten Co Ltd (000890) investment intensity 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¥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
Ternium SA DRC BA:TXR	Steel	6.29%
CSN Mineração S.A SA:CMIN3	Steel	10.02%
Hainan Mining Co Ltd SHG:601969	Steel	0.58%
SIMS LTD. ADR F:I8MA	Steel	0.78%
Sarda Energy & Minerals Limited NSE:SARDAEN	Steel	13.33%
Companhia Siderúrgica Nacional MX:SIDN	Steel	0.91%
Fushun Special Steel Co Ltd SHG:600399	Steel	0.53%
Bengang Steel Plates Co Ltd SHE:000761	Steel	0.71%

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

$471.45 Million

CN¥3.22 Billion CNY

Market Cap Rank

#12669 Global

#3725 in China

Share Price

CN¥7.68

Change (1 day)

+0.66%

52-Week Range

CN¥4.21 - CN¥17.61

All Time High

CN¥17.61