Guilin Tourism Corp Ltd Asset Resilience Ratio
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. See Guilin Tourism Corp Ltd (000978) liquidity interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Guilin Tourism Corp Ltd (2000–2023)
Asset resilience ratio of Guilin Tourism Corp Ltd from 2000 to 2023. This chart shows how Guilin Tourism Corp Ltd's Asset Resilience Ratio has changed over time. Read 000978 total debt and obligations for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see 000978 total assets.
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 |
|---|---|---|
|
Whitbread PLC
LSE:WTB |
Lodging | 1.26% |
|
Shenzhen Overseas Chinese Town Co Ltd
SHE:000069 |
Lodging | 0.28% |
|
Wall Financial Corporation
TO:WFC |
Lodging | 1.34% |
|
Surya Permata Andalan Tbk PT
JK:NATO |
Lodging | 0.00% |
|
Taj GVK Hotels & Resorts Limited
NSE:TAJGVK |
Lodging | 6.98% |
|
Les Hotels Bav
PA:ALLHB |
Lodging | -0.02% |
|
Royalindo Investa Wijaya
JK:INDO |
Lodging | 19.56% |
|
HOYA Resort Hotel Group
TWO:2736 |
Lodging | 0.75% |
Guilin Tourism Corp Ltd Asset Resilience Ratio by Year (2000–2023)
Guilin Tourism Corp Ltd asset resilience ratio by year from 2000 to 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.