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. See Jiangsu LiXing General Steel Ball Co Ltd (300421) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see how large is Jiangsu LiXing General Steel Ball Co Ltd's balance sheet.

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. Read Jiangsu LiXing General Steel Ball Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.

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
Ternium SA DRC BA:TXR	Steel	6.29%
CSN Mineração S.A SA:CMIN3	Steel	10.02%
Hainan Mining Co Ltd SHG:601969	Steel	0.58%
SIMS LTD. ADR F:I8MA	Steel	0.78%
Sarda Energy & Minerals Limited NSE:SARDAEN	Steel	13.33%
Companhia Siderúrgica Nacional MX:SIDN	Steel	0.91%
Fushun Special Steel Co Ltd SHG:600399	Steel	0.53%
Bengang Steel Plates Co Ltd SHE:000761	Steel	0.71%

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

$741.34 Million

CN¥5.07 Billion CNY

Market Cap Rank

#10360 Global

#2788 in China

Share Price

CN¥17.23

Change (1 day)

+2.93%

52-Week Range

CN¥15.11 - CN¥37.15

All Time High

CN¥249.02