Shengtak New Material Co Ltd
Shengtak New Material Co., Ltd engages in the research and development, production, and sale of seamless steel pipes for use in industrial energy equipment in China and internationally. The company offers seamless steel tubes, which include alloy steel, stainless steel, and carbon steel pipes. It also provides cold rolled precision steel, cold-drawn low-carbon, fluid transportation, integrated sp… Read more
Shengtak New Material Co Ltd - Asset Resilience Ratio
Shengtak New Material Co Ltd (300881) has an Asset Resilience Ratio of 24.62% as of December 2023. 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2023)
This chart shows how Shengtak New Material Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Shengtak New Material Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥697.51 Million | 24.62% |
| Total Liquid Assets | CN¥697.51 Million | 24.62% |
Asset Resilience Insights
- Good Liquidity Position: Shengtak New Material Co Ltd maintains a healthy 24.62% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
Shengtak New Material Co Ltd Industry Peers by Asset Resilience Ratio
Compare Shengtak New Material Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
365330
KQ:365330 |
Steel | 14.10% |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708 |
Steel | -0.25% |
|
HBIS Co Ltd
SHE:000709 |
Steel | 0.20% |
|
Sgis Songshan Co Ltd
SHE:000717 |
Steel | 4.93% |
|
Bengang Steel Plates Co Ltd
SHE:000761 |
Steel | 0.71% |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778 |
Steel | 0.00% |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825 |
Steel | -0.16% |
|
Jiangsu Fasten Co Ltd
SHE:000890 |
Steel | 16.91% |
Annual Asset Resilience Ratio for Shengtak New Material Co Ltd (2020–2023)
The table below shows the annual Asset Resilience Ratio data for Shengtak New Material Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 24.62% | CN¥697.51 Million | CN¥2.83 Billion | -- |
| 2022-12-31 | 0.00% | CN¥0.00 | CN¥1.60 Billion | -- |
| 2021-12-31 | 3.38% | CN¥50.83 Million | CN¥1.50 Billion | -9.71pp |
| 2020-12-31 | 13.09% | CN¥150.95 Million | CN¥1.15 Billion | -- |