Friend Co Ltd Asset Resilience Ratio

Latest as of December 2020: 4.98%

Friend Co Ltd asset resilience ratio. Friend Co Ltd (605050) has an Asset Resilience Ratio of 4.98% as of December 2020. 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 Friend Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥271.00 Million
≈ $39.66 Million USD Cash + Short-term Investments

Total Assets

CN¥5.45 Billion
≈ $797.09 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Friend Co Ltd (2020–2020)

Asset resilience ratio of Friend Co Ltd from 2020 to 2020. This chart shows how Friend Co Ltd's Asset Resilience Ratio has changed over time. Read total liabilities of Friend Co Ltd for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Friend Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see 605050 total asset value.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥271.00 Million 4.98%
Total Liquid Assets CN¥271.00 Million 4.98%

Asset Resilience Insights

  • Limited Liquidity: Friend Co Ltd maintains only 4.98% 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.

Friend Co Ltd Industry Peers by Asset Resilience Ratio

Compare Friend Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Baoshan Iron & Steel Co Ltd
SHG:600019
Steel 0.00%
HBIS Co Ltd
SHE:000709
Steel 0.20%
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
Steel 0.00%
BCI Minerals Ltd
AU:BCI
Steel 6.70%
Companhia Siderúrgica Nacional
MX:SIDN
Steel 0.91%
Champion Iron Ltd
TO:CIA
Steel 0.00%
Vardhman Special Steels Limited
NSE:VSSL
Steel 15.11%
Dongbu Steel Co Ltd
KO:016380
Steel 9.81%

Friend Co Ltd Asset Resilience Ratio by Year (2020–2020)

Friend Co Ltd asset resilience ratio by year from 2020 to 2020. The table below shows the annual Asset Resilience Ratio data for Friend Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2020-12-31 4.98% CN¥271.00 Million
≈ $39.66 Million
CN¥5.45 Billion
≈ $797.09 Million
--
pp = percentage points

About Friend Co Ltd

SHG:605050 China Steel
Market Cap
$698.09 Million
CN¥4.77 Billion CNY
Market Cap Rank
#10284 Global
#2736 in China
Share Price
CN¥9.68
Change (1 day)
+1.79%
52-Week Range
CN¥9.36 - CN¥14.66
All Time High
CN¥21.96
About

Friend Co.,Ltd., together with its subsidiaries, provides steel logistics supply chain services for medium and high-end automobile, home appliance, and other related enterprises in China and internationally. The company offers procurement, processing, warehousing, cutting, packaging, transportation, and distribution services, as well as corresponding technical support services. It also provides g… Read more