Chongqing Iron & Steel Co Ltd Class A Asset Resilience Ratio

Latest as of March 2022: 1.42%

Chongqing Iron & Steel Co Ltd Class A asset resilience ratio. 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 601005 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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 of Chongqing Iron & Steel Co Ltd Class A (2018–2021)

Asset resilience ratio of Chongqing Iron & Steel Co Ltd Class A from 2018 to 2021. This chart shows how Chongqing Iron & Steel Co Ltd Class A's Asset Resilience Ratio has changed over time. Read 601005 liabilities breakdown for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see how large is Chongqing Iron & Steel Co Ltd Class A's balance sheet.

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
POSCO Holdings Inc
F:PKX
Steel 8.11%
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
Steel 0.00%
LLOYDS METALS AND ENERGY LTD.
NSE:LLOYDSME
Steel 0.25%
VOESTALPINE ADR 1/5/O.N.
F:VASS
Steel 0.68%
Ternium SA DRC
BA:TXR
Steel 6.29%
HBIS Co Ltd
SHE:000709
Steel 0.20%
Gerdau S.A
SA:GGBR3
Steel 0.39%
Ratnamani Metals & Tubes Limited
NSE:RATNAMANI
Steel 11.96%

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

Chongqing Iron & Steel Co Ltd Class A asset resilience ratio by year from 2018 to 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
$1.41 Billion
CN¥9.64 Billion CNY
Market Cap Rank
#7196 Global
#1503 in China
Share Price
CN¥1.16
Change (1 day)
-0.85%
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