Changhae Ethanol Co. Ltd - Asset Resilience Ratio
Changhae Ethanol Co. Ltd (004650) has an Asset Resilience Ratio of 1.52% as of March 2026. 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 (2014–2024)
This chart shows how Changhae Ethanol Co. Ltd's Asset Resilience Ratio has changed over time. Check strategic asset allocation of Changhae Ethanol Co. Ltd to assess the company's strategic physical and investment asset allocation.
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. For market capitalisation and broader financial context, see 004650 market cap overview.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 0% |
| Short-term Investments | ₩3.00 Billion | 1.52% |
| Total Liquid Assets | ₩3.00 Billion | 1.52% |
Asset Resilience Insights
- Limited Liquidity: Changhae Ethanol Co. Ltd maintains only 1.52% 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 |
|---|---|---|
|
Luzhou Lao Jiao Co Ltd
SHE:000568 |
Beverages - Wineries & Distilleries | 1.08% |
|
Allied Blenders & Distillers Ltd
NSE:ABDL |
Beverages - Wineries & Distilleries | 1.89% |
|
Anhui Gujing Distillery Co Ltd
SHE:200596 |
Beverages - Wineries & Distilleries | 0.49% |
|
Vats Liquor Chain Store Management Joint Stock Co Ltd
SHE:300755 |
Beverages - Wineries & Distilleries | 0.15% |
|
Vina Concha To
SN:CONCHATORO |
Beverages - Wineries & Distilleries | 0.14% |
|
Shanghai Jinfeng Wine Co Ltd
SHG:600616 |
Beverages - Wineries & Distilleries | 0.02% |
|
Vina San Pedro
SN:VSPT |
Beverages - Wineries & Distilleries | 0.24% |
|
Endeavour Group Ltd
AU:EDV |
Beverages - Wineries & Distilleries | 2.89% |
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 ≈ $4.37 Million |
₩190.09 Billion ≈ $128.82 Million |
+1.13pp |
| 2023-12-31 | 2.26% | ₩4.33 Billion ≈ $2.93 Million |
₩191.47 Billion ≈ $129.76 Million |
+0.34pp |
| 2022-12-31 | 1.92% | ₩3.75 Billion ≈ $2.54 Million |
₩195.08 Billion ≈ $132.21 Million |
-0.71pp |
| 2021-12-31 | 2.63% | ₩5.00 Billion ≈ $3.39 Million |
₩190.02 Billion ≈ $128.77 Million |
-0.42pp |
| 2020-12-31 | 3.05% | ₩5.97 Billion ≈ $4.05 Million |
₩195.75 Billion ≈ $132.66 Million |
-0.46pp |
| 2019-12-31 | 3.51% | ₩6.78 Billion ≈ $4.60 Million |
₩193.04 Billion ≈ $130.82 Million |
-0.54pp |
| 2018-12-31 | 4.06% | ₩14.82 Billion ≈ $10.04 Million |
₩365.40 Billion ≈ $247.63 Million |
+1.32pp |
| 2017-12-31 | 2.74% | ₩10.50 Billion ≈ $7.11 Million |
₩383.13 Billion ≈ $259.64 Million |
-1.12pp |
| 2016-12-31 | 3.86% | ₩15.40 Billion ≈ $10.44 Million |
₩399.50 Billion ≈ $270.74 Million |
-2.25pp |
| 2015-12-31 | 6.10% | ₩20.97 Billion ≈ $14.21 Million |
₩343.67 Billion ≈ $232.90 Million |
+2.32pp |
| 2014-12-31 | 3.78% | ₩11.76 Billion ≈ $7.97 Million |
₩311.31 Billion ≈ $210.97 Million |
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About Changhae Ethanol Co. Ltd
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