Zhongjin Gold Corp Ltd - Asset Resilience Ratio
Zhongjin Gold Corp Ltd (600489) has an Asset Resilience Ratio of 0.02% as of June 2006. 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. Read 600489 current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2005–2005)
This chart shows how Zhongjin Gold Corp Ltd's Asset Resilience Ratio has changed over time. See 600489 book value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Zhongjin Gold Corp Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see 600489 market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥300.00K | 0.02% |
| Total Liquid Assets | CN¥300.00K | 0.02% |
Asset Resilience Insights
- Limited Liquidity: Zhongjin Gold Corp Ltd maintains only 0.02% 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.
Zhongjin Gold Corp Ltd Industry Peers by Asset Resilience Ratio
Compare Zhongjin Gold Corp Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.81% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 13.56% |
|
Agnico Eagle Mines Limited
TO:AEM |
Gold | 8.36% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
New Gold Inc
TO:NGD |
Gold | 0.04% |
|
Equinox Gold Corp
TO:EQX |
Gold | 3.91% |
Annual Asset Resilience Ratio for Zhongjin Gold Corp Ltd (2005–2005)
The table below shows the annual Asset Resilience Ratio data for Zhongjin Gold Corp Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2005-12-31 | 0.01% | CN¥200.00K ≈ $29.27K |
CN¥1.73 Billion ≈ $252.53 Million |
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About Zhongjin Gold Corp Ltd
Zhongjin Gold Corp.,Ltd, together with its subsidiaries, engages in the mining, smelting, and sale of non-ferrous metals in China. The company's products include gold, including gold concentrates, gold alloys, and standard gold; electrolytic and cathode copper, silver, sulfuric acid, tellurium, platinum, selenium, ammonium perrhenate, molybdenum, and iron ore concentrates; and mineral powder. It … Read more