Tianjin Silvery Dragon

SHG:603969 China Steel
Market Cap
$1.16 Billion
CN¥8.49 Billion CNY
Market Cap Rank
#9013 Global
#1793 in China
Share Price
CN¥9.90
Change (1 day)
-1.00%
52-Week Range
CN¥5.41 - CN¥11.41
All Time High
CN¥12.76
About

Silvery Dragon Group Co., Ltd. Tianjin, together with its subsidiaries, researches, develops, manufactures and sells prestressed steel products in China and internationally. The company offers prestressed materials comprising galvanized (aluminum) wires for bridge cables, PC strands for wind power concrete towers, prestressed galvanized (aluminum) strands for photovoltaic, unbonded galvanized str… Read more

Tianjin Silvery Dragon - Asset Resilience Ratio

Latest as of September 2025: 0.54%

Tianjin Silvery Dragon (603969) has an Asset Resilience Ratio of 0.54% as of September 2025. 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¥24.28 Million
Cash + Short-term Investments
Total Assets
CN¥4.52 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2024)

This chart shows how Tianjin Silvery Dragon's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Tianjin Silvery Dragon'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¥24.28 Million 0.54%
Total Liquid Assets CN¥24.28 Million 0.54%

Asset Resilience Insights

  • Limited Liquidity: Tianjin Silvery Dragon maintains only 0.54% 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.

Tianjin Silvery Dragon Industry Peers by Asset Resilience Ratio

Compare Tianjin Silvery Dragon'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 Tianjin Silvery Dragon (2016–2024)

The table below shows the annual Asset Resilience Ratio data for Tianjin Silvery Dragon.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.38% CN¥14.94 Million CN¥3.91 Billion -0.17pp
2023-12-31 0.56% CN¥18.75 Million CN¥3.37 Billion -0.02pp
2022-12-31 0.58% CN¥18.75 Million CN¥3.24 Billion +0.04pp
2021-12-31 0.54% CN¥16.75 Million CN¥3.10 Billion -0.61pp
2020-12-31 1.15% CN¥31.11 Million CN¥2.70 Billion -10.98pp
2019-12-31 12.13% CN¥379.13 Million CN¥3.13 Billion +9.89pp
2018-12-31 2.23% CN¥60.00 Million CN¥2.69 Billion +1.76pp
2017-12-31 0.47% CN¥10.00 Million CN¥2.14 Billion -1.95pp
2016-12-31 2.41% CN¥42.25 Million CN¥1.75 Billion --
pp = percentage points