Guizhou Wire Rope Co Ltd - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About Guizhou Wire Rope Co Ltd
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