Guizhou Wire Rope Co Ltd - Asset Resilience Ratio

Latest as of June 2019: 11.87%

Guizhou Wire Rope Co Ltd (600992) has an Asset Resilience Ratio of 11.87% as of June 2019. 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 Guizhou Wire Rope Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥300.00 Million
≈ $43.90 Million USD Cash + Short-term Investments

Total Assets

CN¥2.53 Billion
≈ $369.88 Million USD All company assets

Resilience Assessment

Moderate
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2018)

This chart shows how Guizhou Wire Rope Co Ltd's Asset Resilience Ratio has changed over time. See Guizhou Wire Rope Co Ltd shareholders equity for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Guizhou Wire Rope 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 Guizhou Wire Rope Co Ltd market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥300.00 Million 11.87%
Total Liquid Assets CN¥300.00 Million 11.87%

Asset Resilience Insights

  • Moderate Liquidity: Guizhou Wire Rope Co Ltd has 11.87% of assets in liquid form.
  • While adequate for normal operations, this level may limit flexibility during economic stress.
  • The company has significant short-term investments, indicating active treasury management.

Guizhou Wire Rope Co Ltd Industry Peers by Asset Resilience Ratio

Compare Guizhou Wire Rope Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
LLOYDS METALS AND ENERGY LTD.
NSE:LLOYDSME
Steel 6.74%
Qingdao East Steel Tower Stock Co Ltd
SHE:002545
Steel 2.57%
Hyundai Steel
KO:004020
Steel 3.38%
Hainan Mining Co Ltd
SHG:601969
Steel 0.64%
Shandong Iron and Steel Co Ltd
SHG:600022
Steel 0.00%
Xinjiang Ba Yi Iron & Steel Co Ltd
SHG:600581
Steel 0.00%
Beijing Kaiwen Education Technology Co Ltd
SHE:002659
Steel 3.13%
Seah Steel Corp
KO:003030
Steel 0.34%

Annual Asset Resilience Ratio for Guizhou Wire Rope Co Ltd (2016–2018)

The table below shows the annual Asset Resilience Ratio data for Guizhou Wire Rope Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 10.71% CN¥260.00 Million
≈ $38.05 Million
CN¥2.43 Billion
≈ $355.35 Million
-2.49pp
2017-12-31 13.19% CN¥297.00 Million
≈ $43.46 Million
CN¥2.25 Billion
≈ $329.39 Million
-0.44pp
2016-12-31 13.63% CN¥297.00 Million
≈ $43.46 Million
CN¥2.18 Billion
≈ $318.81 Million
--
pp = percentage points

About Guizhou Wire Rope Co Ltd

SHG:600992 China Steel
Market Cap
$448.66 Million
CN¥3.07 Billion CNY
Market Cap Rank
#13178 Global
#4159 in China
Share Price
CN¥12.51
Change (1 day)
+10.03%
52-Week Range
CN¥11.36 - CN¥15.84
All Time High
CN¥38.73
About

Guizhou Wire Rope Incorporated Company researches, produces, processes, and sells steel wire ropes and strands, and related materials and equipment under the Julong brand in China and internationally. The company offers bridge cables; single, four-strand, multi-layer, special-shaped, compacted strand, point contact, parallel twisting, thick diameter, sealed, elevator, flat wire; with, and conveyo… Read more