Changhae Ethanol Co. Ltd - Asset Resilience Ratio

Latest as of March 2026: 1.52%

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. See 004650 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

₩3.00 Billion
≈ $2.03 Million USD Cash + Short-term Investments

Total Assets

₩197.43 Billion
≈ $133.80 Million USD 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. For the complete balance sheet picture, see how large is Changhae Ethanol Co. Ltd's balance sheet.

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. Explore 004650 long-term investments to assets to see how much of total assets are deployed in long-term investments.

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
Kweichow Moutai Co Ltd
SHG:600519
Beverages - Wineries & Distilleries 1.54%
Wuliangye Yibin Co Ltd
SHE:000858
Beverages - Wineries & Distilleries 0.04%
Shanxi Xinghuacun Fen Wine Factory Co Ltd
SHG:600809
Beverages - Wineries & Distilleries 2.92%
Endeavour Group Ltd
AU:EDV
Beverages - Wineries & Distilleries 2.89%
Hebei Hengshui Laobaigan Liquor Co Ltd
SHG:600559
Beverages - Wineries & Distilleries 5.38%
Citic Guoan Wine Co Ltd
SHG:600084
Beverages - Wineries & Distilleries 0.04%
Xinjiang Yilite Industry Co Ltd
SHG:600197
Beverages - Wineries & Distilleries 0.13%
Treasury Wine Estates Ltd
AU:TWE
Beverages - Wineries & Distilleries 0.08%

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
--
pp = percentage points

About Changhae Ethanol Co. Ltd

KQ:004650 Korea Beverages - Wineries & Distilleries
Market Cap
$47.72 Million
₩70.41 Billion KRW
Market Cap Rank
#22155 Global
#1375 in Korea
Share Price
₩9280.00
Change (1 day)
-0.22%
52-Week Range
₩8870.00 - ₩12010.00
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