Guilin Tourism Corp Ltd - Asset Resilience Ratio
Guilin Tourism Corp Ltd (000978) has an Asset Resilience Ratio of -10.04% as of March 2024. 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 Guilin Tourism Corp Ltd total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2023)
This chart shows how Guilin Tourism Corp Ltd's Asset Resilience Ratio has changed over time. See what is Guilin Tourism Corp Ltd's book value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Guilin Tourism Corp 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 Guilin Tourism Corp Ltd market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-234.06 Million | -10.04% |
| Total Liquid Assets | CN¥-234.06 Million | -10.04% |
Asset Resilience Insights
- Limited Liquidity: Guilin Tourism Corp Ltd maintains only -10.04% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Guilin Tourism Corp Ltd Industry Peers by Asset Resilience Ratio
Compare Guilin Tourism Corp Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
The Indian Hotels Company Limited
NSE:INDHOTEL |
Lodging | 15.51% |
|
Scandic Hotels Group AB (publ)
ST:SHOT |
Lodging | 1.81% |
|
Ventive Hospitality Ltd
NSE:VENTIVE |
Lodging | 2.13% |
|
Zhang Jia Jie Tourism Group Co Ltd
SHE:000430 |
Lodging | 5.24% |
|
China CYTS Tours Holding Co Ltd
SHG:600138 |
Lodging | 0.28% |
|
Wall Financial Corporation
TO:WFC |
Lodging | 1.34% |
|
Les Hotels Bav
PA:ALLHB |
Lodging | -0.02% |
|
FDC International Hotels Corp
TW:2748 |
Lodging | 5.10% |
Annual Asset Resilience Ratio for Guilin Tourism Corp Ltd (2000–2023)
The table below shows the annual Asset Resilience Ratio data for Guilin Tourism Corp Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -10.10% | CN¥-236.54 Million ≈ $-34.61 Million |
CN¥2.34 Billion ≈ $342.76 Million |
-10.18pp |
| 2022-12-31 | 0.08% | CN¥1.87 Million ≈ $272.96K |
CN¥2.36 Billion ≈ $345.43 Million |
+9.95pp |
| 2021-12-31 | -9.87% | CN¥-252.18 Million ≈ $-36.90 Million |
CN¥2.56 Billion ≈ $374.03 Million |
-7.99pp |
| 2020-12-31 | -1.88% | CN¥-50.09 Million ≈ $-7.33 Million |
CN¥2.67 Billion ≈ $390.16 Million |
+1.10pp |
| 2019-12-31 | -2.98% | CN¥-85.49 Million ≈ $-12.51 Million |
CN¥2.87 Billion ≈ $420.12 Million |
-17.97pp |
| 2018-12-31 | 15.00% | CN¥438.32 Million ≈ $64.14 Million |
CN¥2.92 Billion ≈ $427.68 Million |
+17.83pp |
| 2017-12-31 | -2.83% | CN¥-74.46 Million ≈ $-10.90 Million |
CN¥2.63 Billion ≈ $384.41 Million |
-0.03pp |
| 2016-12-31 | -2.80% | CN¥-74.78 Million ≈ $-10.94 Million |
CN¥2.67 Billion ≈ $390.23 Million |
-0.73pp |
| 2015-12-31 | -2.07% | CN¥-59.03 Million ≈ $-8.64 Million |
CN¥2.85 Billion ≈ $417.16 Million |
-0.07pp |
| 2014-12-31 | -2.00% | CN¥-61.27 Million ≈ $-8.97 Million |
CN¥3.06 Billion ≈ $447.57 Million |
+0.22pp |
| 2013-12-31 | -2.23% | CN¥-61.83 Million ≈ $-9.05 Million |
CN¥2.78 Billion ≈ $406.32 Million |
-1.29pp |
| 2012-12-31 | -0.93% | CN¥-21.20 Million ≈ $-3.10 Million |
CN¥2.27 Billion ≈ $332.43 Million |
-0.36pp |
| 2011-12-31 | -0.57% | CN¥-14.02 Million ≈ $-2.05 Million |
CN¥2.46 Billion ≈ $359.62 Million |
+0.04pp |
| 2010-12-31 | -0.61% | CN¥-13.69 Million ≈ $-2.00 Million |
CN¥2.24 Billion ≈ $327.27 Million |
+0.70pp |
| 2009-12-31 | -1.31% | CN¥-13.22 Million ≈ $-1.93 Million |
CN¥1.01 Billion ≈ $147.90 Million |
-0.20pp |
| 2008-12-31 | -1.11% | CN¥-10.84 Million ≈ $-1.59 Million |
CN¥978.61 Million ≈ $143.20 Million |
+0.17pp |
| 2007-12-31 | -1.28% | CN¥-10.69 Million ≈ $-1.56 Million |
CN¥834.53 Million ≈ $122.12 Million |
-31.52pp |
| 2000-12-31 | 30.24% | CN¥130.00 Million ≈ $19.02 Million |
CN¥429.84 Million ≈ $62.90 Million |
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About Guilin Tourism Corp Ltd
Guilin Tourism Corporation Limited provides tourism and related services in China. The company is involved in cruise passenger transportation, scenic tourism, hotels, road travel passenger transport, and taxi businesses. Guilin Tourism Corporation Limited was founded in 1998 and is headquartered in Guilin, China.