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. Explore Jiangsu Changbao Steeltube Co Ltd strategic investment ratio to see how much of total assets are deployed in long-term investments.

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 Jiangsu Changbao Steeltube Co Ltd (002478) liquidity interval to measure how many days the company can operate on defensive assets alone.

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 the complete balance sheet picture, see Jiangsu Changbao Steeltube Co Ltd balance sheet assets.

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
Sims Ltd
AU:SGM
Steel 0.50%
Gerdau S.A
SA:GGBR3
Steel 0.39%
Hainan Mining Co Ltd
SHG:601969
Steel 0.64%
Champion Iron Ltd
TO:CIA
Steel 0.00%
Sgis Songshan Co Ltd
SHE:000717
Steel 4.93%
Xinjiang Ba Yi Iron & Steel Co Ltd
SHG:600581
Steel 0.00%
Izmir Demir Celik Sanayi AS
IS:IZMDC
Steel 3.85%
Dongbu Steel Co Ltd
KO:016380
Steel 9.81%

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
$846.26 Million
CN¥5.78 Billion CNY
Market Cap Rank
#9677 Global
#2487 in China
Share Price
CN¥6.42
Change (1 day)
+1.58%
52-Week Range
CN¥5.47 - 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 connection tubing and casings, coupling stocks, perforation gun carrier pipes, petroleum tool pipes, drill and green pipes, and slotted pipes; boiler tubes, water heater, boilers, and U bended tubes; steel tubes for auto industry comprising automobile pre… Read more