Jiangsu Changbao Steeltube Co Ltd - Asset Resilience Ratio

Latest as of March 2026: 2.41%

Jiangsu Changbao Steeltube Co Ltd (002478) has an Asset Resilience Ratio of 2.41% as of March 2026. 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 002478 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥212.66 Million
≈ $31.12 Million USD Cash + Short-term Investments

Total Assets

CN¥8.82 Billion
≈ $1.29 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2007–2025)

This chart shows how Jiangsu Changbao Steeltube Co Ltd's Asset Resilience Ratio has changed over time. See 002478 equity financing ratio to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Jiangsu Changbao Steeltube 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 002478 company net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥212.66 Million 2.41%
Total Liquid Assets CN¥212.66 Million 2.41%

Asset Resilience Insights

  • Limited Liquidity: Jiangsu Changbao Steeltube Co Ltd maintains only 2.41% 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.

Jiangsu Changbao Steeltube Co Ltd Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Gerdau S.A
F:GDUA
Steel 0.39%
CSN Mineração S.A
SA:CMIN3
Steel 10.02%
Gerdau S.A
SA:GGBR3
Steel 0.39%
NMDC Steel Limited
NSE:NSLNISP
Steel 2.97%
Tianjin You Fa Steel Pipe Group Stock Co Ltd
SHG:601686
Steel 0.64%
Champion Iron Ltd
TO:CIA
Steel 0.00%
Zhejiang Kaier New Materials
SHE:300234
Steel 9.13%
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd
SHG:603878
Steel 8.59%

Annual Asset Resilience Ratio for Jiangsu Changbao Steeltube Co Ltd (2007–2025)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2025-12-31 2.49% CN¥220.56 Million
≈ $32.28 Million
CN¥8.87 Billion
≈ $1.30 Billion
-0.23pp
2024-12-31 2.72% CN¥225.24 Million
≈ $32.96 Million
CN¥8.29 Billion
≈ $1.21 Billion
-4.54pp
2023-12-31 7.26% CN¥567.39 Million
≈ $83.03 Million
CN¥7.82 Billion
≈ $1.14 Billion
+3.88pp
2022-12-31 3.38% CN¥247.88 Million
≈ $36.27 Million
CN¥7.34 Billion
≈ $1.07 Billion
+0.21pp
2021-12-31 3.17% CN¥221.10 Million
≈ $32.35 Million
CN¥6.97 Billion
≈ $1.02 Billion
+3.02pp
2018-12-31 0.16% CN¥10.00 Million
≈ $1.46 Million
CN¥6.42 Billion
≈ $939.83 Million
-0.90pp
2017-12-31 1.06% CN¥60.00 Million
≈ $8.78 Million
CN¥5.68 Billion
≈ $831.07 Million
-3.78pp
2016-12-31 4.83% CN¥190.00 Million
≈ $27.80 Million
CN¥3.93 Billion
≈ $575.46 Million
-3.78pp
2015-12-31 8.61% CN¥340.00 Million
≈ $49.75 Million
CN¥3.95 Billion
≈ $577.77 Million
+8.58pp
2011-12-31 0.03% CN¥974.00K
≈ $142.53K
CN¥3.00 Billion
≈ $439.44 Million
+0.00pp
2010-12-31 0.03% CN¥1.12 Million
≈ $164.18K
CN¥3.59 Billion
≈ $524.90 Million
-0.03pp
2009-12-31 0.06% CN¥1.38 Million
≈ $202.23K
CN¥2.26 Billion
≈ $330.46 Million
+0.02pp
2008-12-31 0.04% CN¥1.02 Million
≈ $148.82K
CN¥2.75 Billion
≈ $401.88 Million
-0.21pp
2007-12-31 0.25% CN¥3.10 Million
≈ $453.04K
CN¥1.26 Billion
≈ $184.41 Million
--
pp = percentage points

About Jiangsu Changbao Steeltube Co Ltd

SHE:002478 China Steel
Market Cap
$868.67 Million
CN¥5.94 Billion CNY
Market Cap Rank
#9610 Global
#2513 in China
Share Price
CN¥6.59
Change (1 day)
-2.80%
52-Week Range
CN¥5.25 - CN¥13.87
All Time High
CN¥13.87
About

Jiangsu Changbao Steeltube Co.,Ltd manufactures and sells steel tubes in the People's Republic of China and internationally. The company offers OCTG products for petroleum industry, including connection tubing and casings, coupling stocks, perforation gun carrier pipes, petroleum tool pipes, drill and green pipes, and slotted pipes; boiler tubes for power generation, such as boiler tubes, water h… Read more