Shenzhen Sunxing Light Alloys - Asset Resilience Ratio

Latest as of March 2024: 0.21%

Shenzhen Sunxing Light Alloys (603978) has an Asset Resilience Ratio of 0.21% as of March 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 603978 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥7.80 Million

≈ $1.14 Million USD Cash + Short-term Investments

Total Assets

CN¥3.76 Billion

≈ $549.71 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2023–2023)

This chart shows how Shenzhen Sunxing Light Alloys's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Shenzhen Sunxing Light Alloys balance sheet assets.

Liquid Assets Composition Over Time

This chart breaks down Shenzhen Sunxing Light Alloys's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Shenzhen Sunxing Light Alloys (603978) financial obligations for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥7.80 Million	0.21%
Total Liquid Assets	CN¥7.80 Million	0.21%

Asset Resilience Insights

Limited Liquidity: Shenzhen Sunxing Light Alloys maintains only 0.21% 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.

Shenzhen Sunxing Light Alloys Industry Peers by Asset Resilience Ratio

Compare Shenzhen Sunxing Light Alloys's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Aluar Aluminio Argentino BA:ALUA	Aluminum	4.73%
Sammok S-Form Co.Ltd KQ:018310	Aluminum	28.76%
Alpha Hpa Ltd AU:A4N	Aluminum	9.25%
Capral Ltd AU:CAA	Aluminum	0.00%
ABX Group Ltd AU:ABX	Aluminum	18.86%
Cia Brasileira de Aluminio SA:CBAV3	Aluminum	0.53%
Shandong Hongchuang Aluminum Industry Holding Co Ltd SHE:002379	Aluminum	11.64%
Aluminum Corp of China Ltd SHG:601600	Aluminum	2.15%

Annual Asset Resilience Ratio for Shenzhen Sunxing Light Alloys (2023–2023)

The table below shows the annual Asset Resilience Ratio data for Shenzhen Sunxing Light Alloys.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	0.00%	CN¥100.70K ≈ $14.74K	CN¥3.58 Billion ≈ $524.06 Million	--

pp = percentage points

About Shenzhen Sunxing Light Alloys

SHG:603978 China Aluminum

Market Cap

$803.44 Million

CN¥5.49 Billion CNY

Market Cap Rank

#9970 Global

#2629 in China

Share Price

CN¥26.01

Change (1 day)

+1.13%

52-Week Range

CN¥17.04 - CN¥38.61

All Time High

CN¥55.46