Minmetals Development Co Ltd - Asset Resilience Ratio
Minmetals Development Co Ltd (600058) has an Asset Resilience Ratio of 0.04% as of December 2021. 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. Explore 600058 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1998–2021)
This chart shows how Minmetals Development Co Ltd's Asset Resilience Ratio has changed over time. See 600058 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets Composition Over Time
This chart breaks down Minmetals Development 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 600058 total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥9.90 Million | 0.04% |
| Total Liquid Assets | CN¥9.90 Million | 0.04% |
Asset Resilience Insights
- Limited Liquidity: Minmetals Development Co Ltd maintains only 0.04% 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.
Minmetals Development Co Ltd Industry Peers by Asset Resilience Ratio
Compare Minmetals Development Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Sims Ltd
AU:SGM |
Steel | 0.50% |
|
Gerdau S.A
SA:GGBR3 |
Steel | 0.39% |
|
Hainan Mining Co Ltd
SHG:601969 |
Steel | 0.64% |
|
Champion Iron Ltd
TO:CIA |
Steel | 0.00% |
|
Sgis Songshan Co Ltd
SHE:000717 |
Steel | 4.93% |
|
Xinjiang Ba Yi Iron & Steel Co Ltd
SHG:600581 |
Steel | 0.00% |
|
Izmir Demir Celik Sanayi AS
IS:IZMDC |
Steel | 3.85% |
|
Dongbu Steel Co Ltd
KO:016380 |
Steel | 9.81% |
Annual Asset Resilience Ratio for Minmetals Development Co Ltd (1998–2021)
The table below shows the annual Asset Resilience Ratio data for Minmetals Development Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 0.04% | CN¥9.90 Million ≈ $1.45 Million |
CN¥23.08 Billion ≈ $3.38 Billion |
-0.05pp |
| 2020-12-31 | 0.09% | CN¥19.70 Million ≈ $2.88 Million |
CN¥21.81 Billion ≈ $3.19 Billion |
-0.13pp |
| 2003-12-31 | 0.22% | CN¥47.07 Million ≈ $6.89 Million |
CN¥21.29 Billion ≈ $3.12 Billion |
-1.29pp |
| 2002-12-31 | 1.51% | CN¥143.89 Million ≈ $21.06 Million |
CN¥9.51 Billion ≈ $1.39 Billion |
-0.54pp |
| 2001-12-31 | 2.05% | CN¥108.80 Million ≈ $15.92 Million |
CN¥5.31 Billion ≈ $777.10 Million |
-1.84pp |
| 2000-12-31 | 3.89% | CN¥167.11 Million ≈ $24.45 Million |
CN¥4.29 Billion ≈ $628.29 Million |
+3.50pp |
| 1999-12-31 | 0.39% | CN¥13.63 Million ≈ $1.99 Million |
CN¥3.52 Billion ≈ $514.86 Million |
-1.32pp |
| 1998-12-31 | 1.70% | CN¥51.57 Million ≈ $7.55 Million |
CN¥3.03 Billion ≈ $442.93 Million |
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About Minmetals Development Co Ltd
Minmetals Development Co., Ltd. engages in resource trading, metal trading, and supply chain services in China and internationally. The company operates through six segments: Steel Trading, Metallurgical Raw Materials Trading, Smelting and Processing, Logistics Services, Bidding and Tendering Services, and Other. It offers iron ore, chrome ore, manganese ore, ferroalloys, coal, coke, scrap steel,… Read more