Jiangsu Safety Wire Rope

SHG:603028 China Steel
Market Cap
$365.78 Million
CN¥2.68 Billion CNY
Market Cap Rank
#14420 Global
#3792 in China
Share Price
CN¥9.35
Change (1 day)
-1.16%
52-Week Range
CN¥5.50 - CN¥10.54
All Time High
CN¥28.11
About

Jiangsu Safety Group Co.,Ltd. engages in the research, development, production, and sales of wire ropes and rigging for elevators and cranes in China and internationally. The company offers elevator wire ropes, such as low-, mid-, and high-rise traction, as well as governor, compensating, and door closing ropes; and crane wire ropes, including rotation resistant, round strand, compacted strand, s… Read more

Jiangsu Safety Wire Rope - Asset Resilience Ratio

Latest as of December 2018: 0.02%

Jiangsu Safety Wire Rope (603028) has an Asset Resilience Ratio of 0.02% as of December 2018. 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¥165.55K
Cash + Short-term Investments
Total Assets
CN¥965.95 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2018)

This chart shows how Jiangsu Safety Wire Rope's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Jiangsu Safety Wire Rope'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¥165.55K 0.02%
Total Liquid Assets CN¥165.55K 0.02%

Asset Resilience Insights

  • Limited Liquidity: Jiangsu Safety Wire Rope 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.

Jiangsu Safety Wire Rope Industry Peers by Asset Resilience Ratio

Compare Jiangsu Safety Wire Rope'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 Jiangsu Safety Wire Rope (2018–2018)

The table below shows the annual Asset Resilience Ratio data for Jiangsu Safety Wire Rope.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 0.02% CN¥165.55K CN¥965.95 Million --
pp = percentage points