Better Life Commercial Chain Share Co Ltd Asset Resilience Ratio
Better Life Commercial Chain Share Co Ltd asset resilience ratio. Better Life Commercial Chain Share Co Ltd (002251) has an Asset Resilience Ratio of -62.83% 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 Better Life Commercial Chain Share Co Lt (002251) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Better Life Commercial Chain Share Co Ltd (2006–2023)
Asset resilience ratio of Better Life Commercial Chain Share Co Ltd from 2006 to 2023. This chart shows how Better Life Commercial Chain Share Co Ltd's Asset Resilience Ratio has changed over time. Read how much debt does Better Life Commercial Chain Share Co Lt carry for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Better Life Commercial Chain Share Co 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 002251 total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-15.02 Billion | -62.83% |
| Total Liquid Assets | CN¥-15.02 Billion | -62.83% |
Asset Resilience Insights
- Limited Liquidity: Better Life Commercial Chain Share Co Ltd maintains only -62.83% 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.
Better Life Commercial Chain Share Co Ltd Industry Peers by Asset Resilience Ratio
Compare Better Life Commercial Chain Share Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Maoye Commercial Co Ltd
SHG:600828 |
Department Stores | 0.04% |
|
Pick N Pay Stores Ltd
JSE:PIK |
Department Stores | -4.65% |
|
Dashang Co Ltd
SHG:600694 |
Department Stores | 6.67% |
|
Shanghai Join Buy Co Ltd
SHG:600838 |
Department Stores | 0.01% |
|
Importadora y Exportadora de la Patagonia SA
BA:PATA |
Department Stores | 2.68% |
|
Myer Holdings Ltd
AU:MYR |
Department Stores | 0.81% |
|
Aumake Ltd
AU:AUK |
Department Stores | 20.75% |
|
Atacadão S.A
SA:CRFB3 |
Department Stores | 0.00% |
Better Life Commercial Chain Share Co Ltd Asset Resilience Ratio by Year (2006–2023)
Better Life Commercial Chain Share Co Ltd asset resilience ratio by year from 2006 to 2023. The table below shows the annual Asset Resilience Ratio data for Better Life Commercial Chain Share Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -62.37% | CN¥-15.06 Billion ≈ $-2.20 Billion |
CN¥24.14 Billion ≈ $3.53 Billion |
-8.69pp |
| 2022-12-31 | -53.68% | CN¥-14.98 Billion ≈ $-2.19 Billion |
CN¥27.91 Billion ≈ $4.08 Billion |
-15.65pp |
| 2021-12-31 | -38.03% | CN¥-12.30 Billion ≈ $-1.80 Billion |
CN¥32.34 Billion ≈ $4.73 Billion |
-38.05pp |
| 2020-12-31 | 0.02% | CN¥5.50 Million ≈ $804.82K |
CN¥24.55 Billion ≈ $3.59 Billion |
+32.80pp |
| 2019-12-31 | -32.78% | CN¥-7.99 Billion ≈ $-1.17 Billion |
CN¥24.38 Billion ≈ $3.57 Billion |
-2.97pp |
| 2018-12-31 | -29.80% | CN¥-6.23 Billion ≈ $-911.95 Million |
CN¥20.91 Billion ≈ $3.06 Billion |
-20.61pp |
| 2017-12-31 | -9.19% | CN¥-1.47 Billion ≈ $-215.45 Million |
CN¥16.02 Billion ≈ $2.34 Billion |
-0.24pp |
| 2016-12-31 | -8.95% | CN¥-1.30 Billion ≈ $-190.59 Million |
CN¥14.55 Billion ≈ $2.13 Billion |
+0.91pp |
| 2015-12-31 | -9.86% | CN¥-1.21 Billion ≈ $-177.24 Million |
CN¥12.28 Billion ≈ $1.80 Billion |
+3.17pp |
| 2014-12-31 | -13.03% | CN¥-1.15 Billion ≈ $-167.73 Million |
CN¥8.80 Billion ≈ $1.29 Billion |
-1.14pp |
| 2013-12-31 | -11.89% | CN¥-1.00 Billion ≈ $-146.82 Million |
CN¥8.44 Billion ≈ $1.24 Billion |
-3.66pp |
| 2012-12-31 | -8.23% | CN¥-500.18 Million ≈ $-73.19 Million |
CN¥6.08 Billion ≈ $889.69 Million |
-8.25pp |
| 2006-12-31 | 0.03% | CN¥270.26K ≈ $39.55K |
CN¥1.05 Billion ≈ $153.66 Million |
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About Better Life Commercial Chain Share Co Ltd
Better Life Commercial Chain Share Co.,Ltd engages in commercial retail business in China. The company involved in e-commerce, including fresh food, imported food, beauty and personal care, kitchen and bath, maternity products and toys, electrical equipment and appliances, home and sports, nutrition and health care, watches and jewelry, clothing, shoes and hats, air tickets, and products of brand… Read more