Jiangsu LiXing General Steel Ball Co Ltd Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About Jiangsu LiXing General Steel Ball Co Ltd
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