Wuhan Sante Cableway Group Co Ltd - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About Wuhan Sante Cableway Group Co Ltd
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