Chongqing Iron & Steel Co Ltd Class A

SHG:601005 China Steel
Market Cap
$1.80 Billion
CN¥13.22 Billion CNY
Market Cap Rank
#6539 Global
#1004 in China
Share Price
CN¥1.59
Change (1 day)
+0.63%
52-Week Range
CN¥1.20 - CN¥1.65
All Time High
CN¥3.66
About

Chongqing Iron & Steel Company Limited, together with its subsidiaries, engages in the production and sale of steel plates in the People's Republic of China. It offers wide and thick plates, including boiler and pressure vessel steel plates, steel plates, carbon structural steel plates, and value-added steel plates; hot-rolled thin plates, raw material coils, and hot-rolled strip products; rebars… Read more

Chongqing Iron & Steel Co Ltd Class A - Asset Resilience Ratio

Latest as of March 2022: 1.42%

Chongqing Iron & Steel Co Ltd Class A (601005) has an Asset Resilience Ratio of 1.42% as of March 2022. 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¥600.00 Million
Cash + Short-term Investments
Total Assets
CN¥42.36 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2021)

This chart shows how Chongqing Iron & Steel Co Ltd Class A's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Chongqing Iron & Steel Co Ltd Class A's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥600.00 Million 1.42%
Total Liquid Assets CN¥600.00 Million 1.42%

Asset Resilience Insights

  • Limited Liquidity: Chongqing Iron & Steel Co Ltd Class A maintains only 1.42% 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.

Chongqing Iron & Steel Co Ltd Class A Industry Peers by Asset Resilience Ratio

Compare Chongqing Iron & Steel Co Ltd Class A's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
365330
KQ:365330
Steel 14.10%
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
Steel -0.25%
HBIS Co Ltd
SHE:000709
Steel 0.20%
Sgis Songshan Co Ltd
SHE:000717
Steel 4.93%
Bengang Steel Plates Co Ltd
SHE:000761
Steel 0.71%
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
Steel 0.00%
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
Steel -0.16%
Jiangsu Fasten Co Ltd
SHE:000890
Steel 16.91%

Annual Asset Resilience Ratio for Chongqing Iron & Steel Co Ltd Class A (2018–2021)

The table below shows the annual Asset Resilience Ratio data for Chongqing Iron & Steel Co Ltd Class A.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-12-31 1.40% CN¥600.00 Million CN¥43.00 Billion -0.09pp
2019-12-31 1.48% CN¥400.00 Million CN¥26.98 Billion +1.37pp
2018-12-31 0.11% CN¥30.00 Million CN¥26.93 Billion --
pp = percentage points