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. See working capital to net assets of Chongqing Iron & Steel Co Ltd Class A to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥600.00 Million
≈ $87.80 Million USD Cash + Short-term Investments

Total Assets

CN¥42.36 Billion
≈ $6.20 Billion USD 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. For the complete balance sheet picture, see Chongqing Iron & Steel Co Ltd Class A (601005) total assets.

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. Read how much debt does Chongqing Iron & Steel Co Ltd Class A carry 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¥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
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%
Xinjiang Ba Yi Iron & Steel Co Ltd
SHG:600581
Steel 0.00%
Seah Steel Corp
KO:306200
Steel 1.15%
Invercap
SN:INVERCAP
Steel 0.00%
MSP Steel & Power Limited
NSE:MSPL
Steel 1.42%

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
≈ $87.80 Million
CN¥43.00 Billion
≈ $6.29 Billion
-0.09pp
2019-12-31 1.48% CN¥400.00 Million
≈ $58.53 Million
CN¥26.98 Billion
≈ $3.95 Billion
+1.37pp
2018-12-31 0.11% CN¥30.00 Million
≈ $4.39 Million
CN¥26.93 Billion
≈ $3.94 Billion
--
pp = percentage points

About Chongqing Iron & Steel Co Ltd Class A

SHG:601005 China Steel
Market Cap
$1.47 Billion
CN¥10.06 Billion CNY
Market Cap Rank
#7376 Global
#1618 in China
Share Price
CN¥1.21
Change (1 day)
-0.82%
52-Week Range
CN¥1.14 - CN¥1.64
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