Minmetals Development Co Ltd - Asset Resilience Ratio

Latest as of December 2021: 0.04%

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. See Minmetals Development Co Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥9.90 Million
≈ $1.45 Million USD Cash + Short-term Investments

Total Assets

CN¥23.08 Billion
≈ $3.38 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (1998–2021)

This chart shows how Minmetals Development Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 600058 total assets.

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. Explore Minmetals Development Co Ltd (600058) investment intensity to see how much of total assets are deployed in long-term investments.

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
Steel Authority of India Limited
NSE:SAIL
Steel 1.59%
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
Steel 0.00%
Nanjing Iron & Steel Co Ltd
SHG:600282
Steel 1.89%
Yongxing Special Stainless Steel Co Ltd
SHE:002756
Steel 25.90%
Xinyu Iron & Steel Co Ltd
SHG:600782
Steel 15.72%
Champion Iron Ltd
TO:CIA
Steel 0.00%
Metalurgica Gerdau S.A
SA:GOAU3
Steel 0.35%
Sunflag Iron And Steel Company Limited
NSE:SUNFLAG
Steel 0.53%

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
--
pp = percentage points

About Minmetals Development Co Ltd

SHG:600058 China Steel
Market Cap
$1.34 Billion
CN¥9.18 Billion CNY
Market Cap Rank
#7640 Global
#1689 in China
Share Price
CN¥8.56
Change (1 day)
-1.15%
52-Week Range
CN¥8.06 - CN¥15.80
All Time High
CN¥33.58
About

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