Jiangsu LiXing General Steel Ball Co Ltd - Asset Resilience Ratio

Latest as of June 2019: 4.45%

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. Check strategic asset allocation of Jiangsu LiXing General Steel Ball Co Ltd to assess the company's strategic physical and investment asset allocation.

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 Trend (2016–2018)

This chart shows how Jiangsu LiXing General Steel Ball Co Ltd's Asset Resilience Ratio has changed over time. See 300421 net asset quality index to measure how much of total assets are equity-financed.

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 market capitalisation and broader financial context, see 300421 market cap.

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
Tata Steel Limited NSE:TATASTEEL	Steel	0.33%
Inner Mongolia Dazhong Mining Co Ltd SHE:001203	Steel	0.00%
Zhejiang JIULI Hi-tech Metals Co Ltd SHE:002318	Steel	1.84%
Hyundai Steel KO:004020	Steel	2.96%
Feng Hsin Steel Co Ltd TW:2015	Steel	0.94%
Hang Xiao Steel Structure Co Ltd SHG:600477	Steel	0.00%
Lingyuan Iron & Steel Co Ltd SHG:600231	Steel	0.02%
Zhejiang Huada New Materials Co Ltd SHG:605158	Steel	0.00%

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

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

$873.00 Million

CN¥5.97 Billion CNY

Market Cap Rank

#9670 Global

#2551 in China

Share Price

CN¥20.29

Change (1 day)

+0.59%

52-Week Range

CN¥13.67 - CN¥37.15

All Time High

CN¥249.02