Wuhan Sante Cableway Group Co Ltd - Asset Resilience Ratio

Latest as of March 2024: -4.67%

Wuhan Sante Cableway Group Co Ltd (002159) has an Asset Resilience Ratio of -4.67% 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 002159 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥-77.78 Million
≈ $-11.38 Million USD Cash + Short-term Investments

Total Assets

CN¥1.67 Billion
≈ $243.93 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2004–2023)

This chart shows how Wuhan Sante Cableway Group Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Wuhan Sante Cableway Group Co Ltd asset portfolio.

Liquid Assets Composition Over Time

This chart breaks down Wuhan Sante Cableway Group Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Wuhan Sante Cableway Group Co Ltd long-term investment allocation to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥-77.78 Million -4.67%
Total Liquid Assets CN¥-77.78 Million -4.67%

Asset Resilience Insights

  • Limited Liquidity: Wuhan Sante Cableway Group Co Ltd maintains only -4.67% 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.

Wuhan Sante Cableway Group Co Ltd Industry Peers by Asset Resilience Ratio

Compare Wuhan Sante Cableway Group Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Beijing Utour International Travel Service Co Ltd
SHE:002707
Travel Services 1.87%
Emei Shan Tourism Co Ltd
SHE:000888
Travel Services 0.02%
Flight Centre Travel Group Ltd
AU:FLT
Travel Services 0.41%
WEB Travel Group Ltd
AU:WEB
Travel Services 1.41%
Corporate Travel Management Ltd
AU:CTD
Travel Services 0.70%
Helloworld Travel Ltd
AU:HLO
Travel Services 5.39%
Jayride Group Ltd
AU:JAY
Travel Services 0.16%
CVC Brasil Operadora e Agencia
SA:CVCB3
Travel Services 0.36%

Annual Asset Resilience Ratio for Wuhan Sante Cableway Group Co Ltd (2004–2023)

The table below shows the annual Asset Resilience Ratio data for Wuhan Sante Cableway Group Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 -4.66% CN¥-79.05 Million
≈ $-11.57 Million
CN¥1.70 Billion
≈ $248.28 Million
-0.42pp
2022-12-31 -4.24% CN¥-79.33 Million
≈ $-11.61 Million
CN¥1.87 Billion
≈ $273.96 Million
-1.43pp
2021-12-31 -2.81% CN¥-71.69 Million
≈ $-10.49 Million
CN¥2.55 Billion
≈ $373.44 Million
-0.32pp
2020-12-31 -2.49% CN¥-67.47 Million
≈ $-9.87 Million
CN¥2.71 Billion
≈ $397.00 Million
+0.50pp
2019-12-31 -2.99% CN¥-85.93 Million
≈ $-12.57 Million
CN¥2.88 Billion
≈ $420.86 Million
+3.42pp
2018-12-31 -6.40% CN¥-183.42 Million
≈ $-26.84 Million
CN¥2.86 Billion
≈ $419.07 Million
-4.21pp
2017-12-31 -2.19% CN¥-58.59 Million
≈ $-8.57 Million
CN¥2.67 Billion
≈ $391.02 Million
-0.86pp
2016-12-31 -1.33% CN¥-34.22 Million
≈ $-5.01 Million
CN¥2.57 Billion
≈ $376.71 Million
-0.67pp
2015-12-31 -0.66% CN¥-14.77 Million
≈ $-2.16 Million
CN¥2.24 Billion
≈ $327.53 Million
-0.22pp
2005-12-31 -0.44% CN¥-2.31 Million
≈ $-338.19K
CN¥530.93 Million
≈ $77.69 Million
+0.24pp
2004-12-31 -0.68% CN¥-3.47 Million
≈ $-507.29K
CN¥510.49 Million
≈ $74.70 Million
--
pp = percentage points

About Wuhan Sante Cableway Group Co Ltd

SHE:002159 China Travel Services
Market Cap
$342.47 Million
CN¥2.34 Billion CNY
Market Cap Rank
#14310 Global
#4279 in China
Share Price
CN¥13.20
Change (1 day)
+0.23%
52-Week Range
CN¥12.25 - CN¥20.62
All Time High
CN¥35.03
About

Wuhan Sante Cableway Group Co., Ltd. engages in the development and operation of tourism resources in China. The company's tourism products, including cable cars, sightseeing, transportation, participatory experiences, commercial services, scenic spots, and non-standard accommodation products. It provides products and services under the SanTe Ropeway, SanTe Scenic Area, Fanjingshan Ropeway, Dao, … Read more