Changhae Ethanol Co. Ltd

KQ:004650 Korea Beverages - Wineries & Distilleries
Market Cap
$50.01 Million
₩73.22 Billion KRW
Market Cap Rank
#23247 Global
#1241 in Korea
Share Price
₩9650.00
Change (1 day)
+0.31%
52-Week Range
₩8630.00 - ₩11040.00
All Time High
₩18858.82
About

Changhae Ethanol Co., Ltd. produces and sells spirits from sugar cane, tapioca, rice, and barley crops in South Korea. The company offers fermented ethyl alcohol and refined alcohol. It also provides DDGS, a raw material for manufacturing high quality feed; CO2, a carbon dioxide gas generated during fermentation process; and CDS, a raw material for liquid feed and fertilizer. In addition, the com… Read more

Changhae Ethanol Co. Ltd - Asset Resilience Ratio

Latest as of September 2025: 2.59%

Changhae Ethanol Co. Ltd (004650) has an Asset Resilience Ratio of 2.59% as of September 2025. 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
₩5.00 Billion
Cash + Short-term Investments
Total Assets
₩193.25 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2014–2024)

This chart shows how Changhae Ethanol Co. Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Changhae Ethanol Co. Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents ₩0.00 0%
Short-term Investments ₩5.00 Billion 2.59%
Total Liquid Assets ₩5.00 Billion 2.59%

Asset Resilience Insights

  • Limited Liquidity: Changhae Ethanol Co. Ltd maintains only 2.59% 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.

Changhae Ethanol Co. Ltd Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Hite Jinro
KO:000080
Beverages - Wineries & Distilleries 1.52%
Luzhou Lao Jiao Co Ltd
SHE:000568
Beverages - Wineries & Distilleries 1.08%
Jiugui Liquor Co Ltd
SHE:000799
Beverages - Wineries & Distilleries 0.01%
Wuliangye Yibin Co Ltd
SHE:000858
Beverages - Wineries & Distilleries 0.04%
Beijing Shunxin Agriculture Co Ltd
SHE:000860
Beverages - Wineries & Distilleries 24.87%
Yantai Changyu Pioneer Wine Co Ltd
SHE:000869
Beverages - Wineries & Distilleries 0.71%
Bohae Brewery
KO:000890
Beverages - Wineries & Distilleries 0.38%
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304
Beverages - Wineries & Distilleries 10.82%

Annual Asset Resilience Ratio for Changhae Ethanol Co. Ltd (2014–2024)

The table below shows the annual Asset Resilience Ratio data for Changhae Ethanol Co. Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 3.39% ₩6.45 Billion ₩190.09 Billion +1.13pp
2023-12-31 2.26% ₩4.33 Billion ₩191.47 Billion +0.34pp
2022-12-31 1.92% ₩3.75 Billion ₩195.08 Billion -0.71pp
2021-12-31 2.63% ₩5.00 Billion ₩190.02 Billion -0.42pp
2020-12-31 3.05% ₩5.97 Billion ₩195.75 Billion -0.46pp
2019-12-31 3.51% ₩6.78 Billion ₩193.04 Billion -0.54pp
2018-12-31 4.06% ₩14.82 Billion ₩365.40 Billion +1.32pp
2017-12-31 2.74% ₩10.50 Billion ₩383.13 Billion -1.12pp
2016-12-31 3.86% ₩15.40 Billion ₩399.50 Billion -2.25pp
2015-12-31 6.10% ₩20.97 Billion ₩343.67 Billion +2.32pp
2014-12-31 3.78% ₩11.76 Billion ₩311.31 Billion --
pp = percentage points