Zhe Jiang Kangsheng Co Ltd - Asset Resilience Ratio

Latest as of December 2019: 0.02%

Zhe Jiang Kangsheng Co Ltd (002418) has an Asset Resilience Ratio of 0.02% as of December 2019. 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 002418 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥810.00K
≈ $118.53K USD Cash + Short-term Investments

Total Assets

CN¥4.24 Billion
≈ $620.65 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2019)

This chart shows how Zhe Jiang Kangsheng Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Zhe Jiang Kangsheng Co Ltd asset portfolio.

Liquid Assets Composition Over Time

This chart breaks down Zhe Jiang Kangsheng Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Zhe Jiang Kangsheng Co Ltd long-term investment allocation 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¥810.00K 0.02%
Total Liquid Assets CN¥810.00K 0.02%

Asset Resilience Insights

  • Limited Liquidity: Zhe Jiang Kangsheng Co Ltd maintains only 0.02% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Zhe Jiang Kangsheng Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zhe Jiang Kangsheng 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%
Beijing Shougang Co Ltd
SHE:000959
Steel 0.03%
SANDUR MANGANESE AND IRON ORES LTD
NSE:SANDUMA
Steel 3.16%
Anyang Iron & Steel Inc
SHG:600569
Steel 0.05%
Friend Co Ltd
SHG:605050
Steel 4.98%
Vulcan Steel Ltd
AU:VSL
Steel 2.65%
Jiangsu Safety Wire Rope
SHG:603028
Steel 0.02%
Mesabi Trust
NYSE:MSB
Steel 89.20%

Annual Asset Resilience Ratio for Zhe Jiang Kangsheng Co Ltd (2015–2019)

The table below shows the annual Asset Resilience Ratio data for Zhe Jiang Kangsheng Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-12-31 0.02% CN¥810.00K
≈ $118.53K
CN¥4.24 Billion
≈ $620.65 Million
-1.04pp
2017-12-31 1.06% CN¥102.00 Million
≈ $14.93 Million
CN¥9.60 Billion
≈ $1.40 Billion
-0.22pp
2016-12-31 1.29% CN¥94.00 Million
≈ $13.76 Million
CN¥7.31 Billion
≈ $1.07 Billion
+1.22pp
2015-12-31 0.06% CN¥2.64 Million
≈ $386.14K
CN¥4.10 Billion
≈ $599.25 Million
--
pp = percentage points

About Zhe Jiang Kangsheng Co Ltd

SHE:002418 China Steel
Market Cap
$743.32 Million
CN¥5.08 Billion CNY
Market Cap Rank
#10320 Global
#2776 in China
Share Price
CN¥4.47
Change (1 day)
-1.54%
52-Week Range
CN¥3.12 - CN¥6.81
All Time High
CN¥13.09
About

Zhe Jiang Kangsheng Co.,Ltd. engages in the research and development, production, and sale of refrigeration pipelines and accessories, and new energy commercial vehicles in China and internationally. The company offers refrigeration steel, aluminum, and copper tubes, pipes, and accessories; air-conditioning heat exchanger products and parts; aluminum sheets; and condensers and evaporators. It als… Read more