Jiangsu Changbao Steeltube Co Ltd - Asset Resilience Ratio
Jiangsu Changbao Steeltube Co Ltd (002478) has an Asset Resilience Ratio of 0.86% as of September 2025. 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 Changbao Steeltube Co Ltd for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2007–2024)
This chart shows how Jiangsu Changbao Steeltube Co Ltd's Asset Resilience Ratio has changed over time. See net assets of Jiangsu Changbao Steeltube Co Ltd for net asset value and shareholders' equity analysis.
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¥77.12 Million | 0.86% |
| Total Liquid Assets | CN¥77.12 Million | 0.86% |
Asset Resilience Insights
- Limited Liquidity: Jiangsu Changbao Steeltube Co Ltd maintains only 0.86% 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 |
|---|---|---|
|
Worthington Steel Inc
NYSE:WS |
Steel | 4.18% |
|
Fushun Special Steel Co Ltd
SHG:600399 |
Steel | 0.80% |
|
Tung Ho Steel Enterprise Corp
TW:2006 |
Steel | 0.25% |
|
Sgis Songshan Co Ltd
SHE:000717 |
Steel | 4.93% |
|
Jiangsu Fasten Co Ltd
SHE:000890 |
Steel | 16.91% |
|
Seah Steel Corp
KO:003030 |
Steel | 0.34% |
|
Vulcan Steel Ltd
AU:VSL |
Steel | 2.65% |
|
Invercap
SN:INVERCAP |
Steel | 0.02% |
Annual Asset Resilience Ratio for Jiangsu Changbao Steeltube Co Ltd (2007–2024)
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 |
|---|---|---|---|---|
| 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 |
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About Jiangsu Changbao Steeltube Co Ltd
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