Jiangsu LiXing General Steel Ball Co Ltd Asset Resilience Ratio

Latest as of June 2019: 4.45%

Jiangsu LiXing General Steel Ball Co Ltd asset resilience ratio. Jiangsu LiXing General Steel Ball Co Ltd (300421) has an Asset Resilience Ratio of 4.45% as of June 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 Jiangsu LiXing General Steel Ball Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥60.00 Million
≈ $8.78 Million USD Cash + Short-term Investments

Total Assets

CN¥1.35 Billion
≈ $197.46 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Jiangsu LiXing General Steel Ball Co Ltd (2016–2018)

Asset resilience ratio of Jiangsu LiXing General Steel Ball Co Ltd from 2016 to 2018. This chart shows how Jiangsu LiXing General Steel Ball Co Ltd's Asset Resilience Ratio has changed over time. Read how much debt does Jiangsu LiXing General Steel Ball Co Ltd carry for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Jiangsu LiXing General Steel Ball 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 300421 current and non-current assets.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥60.00 Million 4.45%
Total Liquid Assets CN¥60.00 Million 4.45%

Asset Resilience Insights

  • Limited Liquidity: Jiangsu LiXing General Steel Ball Co Ltd maintains only 4.45% 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 LiXing General Steel Ball Co Ltd Industry Peers by Asset Resilience Ratio

Compare Jiangsu LiXing General Steel Ball Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
CSN Mineração S.A
SA:CMIN3
Steel 10.02%
Nanjing Iron & Steel Co Ltd
SHG:600282
Steel 1.89%
HBIS Co Ltd
SHE:000709
Steel 0.20%
KIOCL Limited
NSE:KIOCL
Steel 34.29%
Godawari Power And Ispat limited
NSE:GPIL
Steel 16.56%
Usinas Siderúrgicas de Minas Gerais S.A
SA:USIM3
Steel 4.49%
Lingyuan Iron & Steel Co Ltd
SHG:600231
Steel 0.02%
Man Industries (India) Limited
NSE:MANINDS
Steel 18.99%

Jiangsu LiXing General Steel Ball Co Ltd Asset Resilience Ratio by Year (2016–2018)

Jiangsu LiXing General Steel Ball Co Ltd asset resilience ratio by year from 2016 to 2018. The table below shows the annual Asset Resilience Ratio data for Jiangsu LiXing General Steel Ball Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 14.68% CN¥220.00 Million
≈ $32.19 Million
CN¥1.50 Billion
≈ $219.33 Million
-1.14pp
2017-12-31 15.82% CN¥240.00 Million
≈ $35.12 Million
CN¥1.52 Billion
≈ $222.00 Million
-15.67pp
2016-12-31 31.49% CN¥400.00 Million
≈ $58.53 Million
CN¥1.27 Billion
≈ $185.88 Million
--
pp = percentage points

About Jiangsu LiXing General Steel Ball Co Ltd

SHE:300421 China Steel
Market Cap
$681.53 Million
CN¥4.66 Billion CNY
Market Cap Rank
#10322 Global
#2687 in China
Share Price
CN¥15.84
Change (1 day)
-4.06%
52-Week Range
CN¥14.01 - CN¥37.15
All Time High
CN¥249.02
About

Jiangsu Lixing General Steel Ball Co., Ltd., together with its subsidiaries, engages in the research, development, manufacturing, and sale of precision bearing rolling elements in China and internationally. It offers specialized steel balls for hub bearing units of cars; precision noiseless small and micro steel balls; large precision heavy-duty bearing steel balls; high-precision ceramic balls; … Read more