Zhejiang Yongjin Metal Technology Co Ltd - Asset Resilience Ratio
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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2023)
This chart shows how Zhejiang Yongjin Metal Technology Co Ltd's Asset Resilience Ratio has changed over time. Check Zhejiang Yongjin Metal Technology Co Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
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. For market capitalisation and broader financial context, see 603995 market cap.
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 |
|---|---|---|
|
LLOYDS METALS AND ENERGY LTD.
NSE:LLOYDSME |
Steel | 0.25% |
|
Gerdau S.A
MX:GGBN |
Steel | 0.39% |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Zhejiang JIULI Hi-tech Metals Co Ltd
SHE:002318 |
Steel | 1.84% |
|
Ternium Argentina SA
BA:TXAR |
Steel | 12.51% |
|
Invercap
SN:INVERCAP |
Steel | 0.00% |
|
Bms Birlesik Metal Sanayi ve Ticaret AS
IS:BMSTL |
Steel | 0.00% |
|
Ayes Celik Hasir ve Cit Sanayi AS
IS:AYES |
Steel | 8.56% |
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 |
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About Zhejiang Yongjin Metal Technology Co Ltd
Yongjin Technology Group Co., Ltd. engages in the research, development, production, and sale of cold-rolled stainless-steel strips in China. The company offers titanium alloy materials, new energy battery shell materials, metal laminate composite materials; and stainless-steel water pipes. Its stainless-steel products are widely used in electronics, home appliances, kitchen appliances, daily nec… Read more