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
≈ $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. Check Jiangsu Safety Wire Rope strategic capital allocation to assess the company's strategic physical and investment asset allocation.

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. For market capitalisation and broader financial context, see Jiangsu Safety Wire Rope stock valuation.

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
Voestalpine AG
VI:VOE
Steel 0.68%
Gerdau S.A
F:GDUA
Steel 0.39%
Zhejiang JIULI Hi-tech Metals Co Ltd
SHE:002318
Steel 1.84%
Companhia Siderurgica Nacional ADR
NYSE:SID
Steel 25.38%
Henan Hengxing Science & Technology Co Ltd
SHE:002132
Steel -0.33%
FENIX Resources Ltd
AU:FEX
Steel 0.27%
Hanil Iron & S
KO:002220
Steel 6.78%
Chongqing Iron & Steel Company Limited
F:CGP
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
$280.58 Million
CN¥1.92 Billion CNY
Market Cap Rank
#15163 Global
#4481 in China
Share Price
CN¥6.68
Change (1 day)
+0.45%
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