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. Check Jiangsu Fasten Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

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 debt-free asset ratio of Jiangsu Fasten Co Ltd to measure how much of total assets are equity-financed.

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
Tata Steel Limited NSE:TATASTEEL	Steel	0.33%
Inner Mongolia Dazhong Mining Co Ltd SHE:001203	Steel	0.00%
Zhejiang JIULI Hi-tech Metals Co Ltd SHE:002318	Steel	1.84%
Hyundai Steel KO:004020	Steel	2.96%
Feng Hsin Steel Co Ltd TW:2015	Steel	0.94%
Hang Xiao Steel Structure Co Ltd SHG:600477	Steel	0.00%
Lingyuan Iron & Steel Co Ltd SHG:600231	Steel	0.02%
Zhejiang Huada New Materials Co Ltd SHG:605158	Steel	0.00%

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

$546.34 Million

CN¥3.73 Billion CNY

Market Cap Rank

#11912 Global

#3450 in China

Share Price

CN¥8.90

Change (1 day)

-2.41%

52-Week Range

CN¥3.63 - CN¥17.61

All Time High

CN¥17.61