Friend Co Ltd - Asset Resilience Ratio

Latest as of December 2020: 4.98%

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. Read Friend Co Ltd (605050) financial obligations for a breakdown of total debt and financial obligations.

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 Trend (2020–2020)

This chart shows how Friend Co Ltd's Asset Resilience Ratio has changed over time. See net assets of Friend Co Ltd for net asset value and shareholders' equity analysis.

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 market capitalisation and broader financial context, see 605050 market cap.

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
CSN Mineração S.A
SA:CMIN3
Steel 7.99%
Ternium SA DRC
BA:TXR
Steel 6.12%
Qingdao East Steel Tower Stock Co Ltd
SHE:002545
Steel 2.57%
Fushun Special Steel Co Ltd
SHG:600399
Steel 0.80%
BCI Minerals Ltd
AU:BCI
Steel 6.70%
Champion Iron Ltd
TO:CIA
Steel 0.00%
Mount Gibson Iron Ltd
AU:MGX
Steel 67.29%
Vardhman Special Steels Limited
NSE:VSSL
Steel 4.24%

Annual Asset Resilience Ratio for Friend Co Ltd (2020–2020)

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
$911.55 Million
CN¥6.23 Billion CNY
Market Cap Rank
#9580 Global
#2672 in China
Share Price
CN¥12.64
Change (1 day)
-0.16%
52-Week Range
CN¥12.13 - CN¥21.96
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