Xinjiang Ba Yi Iron & Steel Co Ltd - Asset Resilience Ratio

Latest as of September 2018: 0.00%

Xinjiang Ba Yi Iron & Steel Co Ltd (600581) has an Asset Resilience Ratio of 0.00% as of September 2018. 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. Check asset allocation strategy of Xinjiang Ba Yi Iron & Steel Co Ltd to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥420.75K
≈ $61.57K USD Cash + Short-term Investments

Total Assets

CN¥19.99 Billion
≈ $2.93 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2003–2009)

This chart shows how Xinjiang Ba Yi Iron & Steel Co Ltd's Asset Resilience Ratio has changed over time. See Xinjiang Ba Yi Iron & Steel Co Ltd net asset quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Xinjiang Ba Yi Iron & Steel Co 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 600581 stock market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥420.75K 0.0%
Total Liquid Assets CN¥420.75K 0.00%

Asset Resilience Insights

  • Limited Liquidity: Xinjiang Ba Yi Iron & Steel Co Ltd maintains only 0.00% 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.

Xinjiang Ba Yi Iron & Steel Co Ltd Industry Peers by Asset Resilience Ratio

Compare Xinjiang Ba Yi Iron & Steel Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Keum Kang Steel Co. Ltd
KQ:053260
Steel 25.68%
VOESTALPINE ADR 1/5/O.N.
F:VASS
Steel 0.68%
Gerdau S.A
MX:GGBN
Steel 0.39%
CSN Mineração S.A
SA:CMIN3
Steel 10.02%
Industrias CH S. A. B. de C. V
MX:ICHB
Steel 0.17%
Gerdau S.A
SA:GGBR3
Steel 0.39%
Worthington Steel Inc
NYSE:WS
Steel 3.89%
HBIS Co Ltd
SHE:000709
Steel 0.20%

Annual Asset Resilience Ratio for Xinjiang Ba Yi Iron & Steel Co Ltd (2003–2009)

The table below shows the annual Asset Resilience Ratio data for Xinjiang Ba Yi Iron & Steel Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2009-12-31 0.11% CN¥13.74 Million
≈ $2.01 Million
CN¥12.60 Billion
≈ $1.84 Billion
+0.05pp
2008-12-31 0.06% CN¥7.55 Million
≈ $1.10 Million
CN¥12.14 Billion
≈ $1.78 Billion
0.00pp
2007-12-31 0.07% CN¥6.81 Million
≈ $996.58K
CN¥10.32 Billion
≈ $1.51 Billion
-0.01pp
2006-12-31 0.08% CN¥6.04 Million
≈ $883.77K
CN¥7.87 Billion
≈ $1.15 Billion
-0.04pp
2005-12-31 0.12% CN¥6.46 Million
≈ $945.04K
CN¥5.47 Billion
≈ $800.15 Million
+0.02pp
2004-12-31 0.09% CN¥4.33 Million
≈ $633.96K
CN¥4.58 Billion
≈ $670.50 Million
-0.17pp
2003-12-31 0.27% CN¥8.86 Million
≈ $1.30 Million
CN¥3.32 Billion
≈ $485.93 Million
--
pp = percentage points

About Xinjiang Ba Yi Iron & Steel Co Ltd

SHG:600581 China Steel
Market Cap
$554.05 Million
CN¥3.79 Billion CNY
Market Cap Rank
#11840 Global
#3427 in China
Share Price
CN¥2.47
Change (1 day)
-2.37%
52-Week Range
CN¥2.47 - CN¥5.23
All Time High
CN¥10.89
About

XinJiang Ba Yi Iron & Steel Co.,Ltd. focuses on smelting, rolling, processing, and selling of steel products primarily in China. Its principal products include hot-rolled coils, rebars, medium and thick plates, wire rods, profiles, hot-dip galvanized coils, bars, cold-rolled coils, and other products. The company was founded in 2000 is based in Ürümqi, China.