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. See 603028 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥165.55K
≈ $24.23K USD Cash + Short-term Investments

Total Assets

CN¥965.95 Million
≈ $141.35 Million USD 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. For the complete balance sheet picture, see 603028 total asset value.

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. Explore Jiangsu Safety Wire Rope (603028) long-term investment share 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¥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
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 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
≈ $24.23K
CN¥965.95 Million
≈ $141.35 Million
--
pp = percentage points

About Jiangsu Safety Wire Rope

SHG:603028 China Steel
Market Cap
$299.48 Million
CN¥2.05 Billion CNY
Market Cap Rank
#14982 Global
#4484 in China
Share Price
CN¥7.13
Change (1 day)
+1.13%
52-Week Range
CN¥5.75 - 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