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.

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. 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
--
pp = percentage points

About Zhejiang Yongjin Metal Technology Co Ltd

SHG:603995 China Steel
Market Cap
$1.01 Billion
CN¥6.91 Billion CNY
Market Cap Rank
#8713 Global
#2021 in China
Share Price
CN¥19.01
Change (1 day)
-1.45%
52-Week Range
CN¥16.33 - CN¥24.73
All Time High
CN¥44.69
About

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