Zhejiang Yongjin Metal Technology Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.01%

Zhejiang Yongjin Metal Technology Co Ltd (603995) has an Asset Resilience Ratio of 0.01% as of September 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 603995 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥983.80K

≈ $143.96K USD Cash + Short-term Investments

Total Assets

CN¥15.23 Billion

≈ $2.23 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2015–2023)

This chart shows how Zhejiang Yongjin Metal Technology Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 603995 asset base.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Yongjin Metal Technology Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read 603995 current and long-term liabilities 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¥983.80K	0.01%
Total Liquid Assets	CN¥983.80K	0.01%

Asset Resilience Insights

Limited Liquidity: Zhejiang Yongjin Metal Technology Co Ltd maintains only 0.01% 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.

Zhejiang Yongjin Metal Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zhejiang Yongjin Metal Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
NMDC Limited NSE:NMDC	Steel	24.80%
Ternium S.A F:T5Z	Steel	6.29%
Zhejiang JIULI Hi-tech Metals Co Ltd SHE:002318	Steel	1.84%
NMDC Steel Limited NSE:NSLNISP	Steel	2.97%
Champion Iron Ltd TO:CIA	Steel	0.00%
Luyin Investment Group Co Ltd SHG:600784	Steel	0.00%
Invercap SN:INVERCAP	Steel	0.00%
Mayer Steel Pipe Corp TW:2020	Steel	5.91%

Annual Asset Resilience Ratio for Zhejiang Yongjin Metal Technology Co Ltd (2015–2023)

The table below shows the annual Asset Resilience Ratio data for Zhejiang Yongjin Metal Technology Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	0.00%	CN¥326.09K ≈ $47.72K	CN¥12.58 Billion ≈ $1.84 Billion	-0.24pp
2022-12-31	0.25%	CN¥26.00 Million ≈ $3.80 Million	CN¥10.55 Billion ≈ $1.54 Billion	+0.06pp
2021-12-31	0.19%	CN¥18.48 Million ≈ $2.70 Million	CN¥9.87 Billion ≈ $1.44 Billion	-0.06pp
2020-12-31	0.25%	CN¥15.44 Million ≈ $2.26 Million	CN¥6.21 Billion ≈ $908.20 Million	+0.24pp
2019-12-31	0.00%	CN¥224.22K ≈ $32.81K	CN¥5.19 Billion ≈ $759.44 Million	+0.00pp
2018-12-31	0.00%	CN¥41.12K ≈ $6.02K	CN¥3.02 Billion ≈ $441.50 Million	-0.01pp
2015-12-31	0.01%	CN¥290.42K ≈ $42.50K	CN¥2.54 Billion ≈ $371.71 Million	--

pp = percentage points

About Zhejiang Yongjin Metal Technology Co Ltd

SHG:603995 China Steel

Market Cap

$1.27 Billion

CN¥8.66 Billion CNY

Market Cap Rank

#7981 Global

#1833 in China

Share Price

CN¥23.83

Change (1 day)

-3.64%

52-Week Range

CN¥16.33 - CN¥27.53

All Time High

CN¥44.69