Xinjiang Ba Yi Iron & Steel Co Ltd - Asset Resilience Ratio
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. See 600581 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
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. For the complete balance sheet picture, see Xinjiang Ba Yi Iron & Steel Co Ltd asset portfolio.
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. Read Xinjiang Ba Yi Iron & Steel Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Grupo Simec S.A.B. de C.V
MX:SIMECB |
Steel | 0.00% |
|
Gerdau S.A
SA:GGBR3 |
Steel | 0.39% |
|
Feng Hsin Steel Co Ltd
TW:2015 |
Steel | 0.94% |
|
Vulcan Steel Ltd
AU:VSL |
Steel | 2.65% |
|
Seah Steel Corp
KO:306200 |
Steel | 1.15% |
|
Invercap
SN:INVERCAP |
Steel | 0.00% |
|
MSP Steel & Power Limited
NSE:MSPL |
Steel | 1.42% |
|
Bisalloy Steel Group Ltd
AU:BIS |
Steel | 0.03% |
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 |
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About Xinjiang Ba Yi Iron & Steel Co Ltd
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.