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.

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. Check asset allocation strategy of Guizhou Wire Rope Co Ltd to assess the company's strategic physical and investment asset allocation.

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 market value of Guizhou Wire Rope Co Ltd.

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
Vibhor Steel Tubes Limited
NSE:VSTL
Steel 5.73%
Jindal Steel & Power Limited
NSE:JINDALSTEL
Steel 2.16%
Jindal Stainless Limited
NSE:JSL
Steel 0.00%
Gerdau S.A
F:GDUA
Steel 0.39%
Sims Ltd
AU:SGM
Steel 0.50%
HBIS Co Ltd
SHE:000709
Steel 0.20%
Hang Zhou Iron & Steel Co Ltd
SHG:600126
Steel 2.38%
Worthington Steel Inc
NYSE:WS
Steel 3.89%

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
$364.02 Million
CN¥2.49 Billion CNY
Market Cap Rank
#13895 Global
#4138 in China
Share Price
CN¥10.15
Change (1 day)
-0.10%
52-Week Range
CN¥8.62 - CN¥15.47
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