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. Read 300421 liabilities breakdown for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
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 Jiangsu LiXing General Steel Ball Co Ltd shareholders equity for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Vallourec
PA:VK |
Steel | -1.12% |
|
Industrias CH S. A. B. de C. V
MX:ICHB |
Steel | 0.17% |
|
Ternium Argentina SA
BA:TXAR |
Steel | 13.34% |
|
Godawari Power And Ispat limited
NSE:GPIL |
Steel | 16.56% |
|
Champion Iron Ltd
TO:CIA |
Steel | 0.00% |
|
Fushun Special Steel Co Ltd
SHG:600399 |
Steel | 0.80% |
|
Sansteel MinGuang Co Ltd Fujian
SHE:002110 |
Steel | 2.23% |
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 |
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About Jiangsu LiXing General Steel Ball Co Ltd
Jiangsu LiXing General Steel Ball Co.,Ltd. engages in the research, development, production, and sale of precision bearing rolling elements in China. It primarily offers precision noiseless small and micro steel balls, specialized steel balls, large precision heavy-duty bearing steel balls, high-precision ceramic balls, high-precision tapered rollers, and high-precision cylindrical rollers, as we… Read more