Shandong Yulong Gold Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.02%

Shandong Yulong Gold Co Ltd (601028) has an Asset Resilience Ratio of 0.02% as of September 2024. 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 Shandong Yulong Gold Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥1.73 Million
≈ $253.32K USD Cash + Short-term Investments

Total Assets

CN¥9.85 Billion
≈ $1.44 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2023)

This chart shows how Shandong Yulong Gold Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 601028 total asset value.

Liquid Assets Composition Over Time

This chart breaks down Shandong Yulong Gold Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Shandong Yulong Gold Co Ltd long-term investment allocation to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥1.73 Million 0.02%
Total Liquid Assets CN¥1.73 Million 0.02%

Asset Resilience Insights

  • Limited Liquidity: Shandong Yulong Gold Co Ltd maintains only 0.02% 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.

Shandong Yulong Gold Co Ltd Industry Peers by Asset Resilience Ratio

Compare Shandong Yulong Gold Co Ltd'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 Shandong Yulong Gold Co Ltd (2015–2023)

The table below shows the annual Asset Resilience Ratio data for Shandong Yulong Gold Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.08% CN¥7.79 Million
≈ $1.14 Million
CN¥9.93 Billion
≈ $1.45 Billion
-0.04pp
2021-12-31 0.12% CN¥4.46 Million
≈ $652.94K
CN¥3.65 Billion
≈ $534.00 Million
-0.07pp
2019-12-31 0.19% CN¥4.29 Million
≈ $628.06K
CN¥2.22 Billion
≈ $324.40 Million
-3.03pp
2016-12-31 3.22% CN¥100.00 Million
≈ $14.63 Million
CN¥3.10 Billion
≈ $453.79 Million
-5.06pp
2015-12-31 8.28% CN¥270.00 Million
≈ $39.51 Million
CN¥3.26 Billion
≈ $476.96 Million
--
pp = percentage points

About Shandong Yulong Gold Co Ltd

SHG:601028 China Steel
Market Cap
$1.47 Billion
CN¥10.05 Billion CNY
Market Cap Rank
#7381 Global
#1620 in China
Share Price
CN¥12.83
Change (1 day)
+0.00%
52-Week Range
CN¥12.83 - CN¥12.83
All Time High
CN¥25.72
About

Shandong Yulong Gold Co., Ltd. engages in the metal mining and bulk commodity trading business in China and internationally. It offers metal mineral products, coal, non-ferrous and precious metals, metal minerals, new energy and material minerals, and other mineral products. In addition, the company engages in the gold and precious metal mining business. It holds interests in the Parkingo Gold Mi… Read more