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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2006–2023)
This chart shows how Better Life Commercial Chain Share Co Ltd's Asset Resilience Ratio has changed over time. Check asset allocation strategy of Better Life Commercial Chain Share Co Lt to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see 002251 stock market capitalisation.
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 |
|---|---|---|
|
MARKS SPENCER ADR LS-25
F:MA6A |
Department Stores | 3.22% |
|
Wangfujing
SHG:600859 |
Department Stores | 5.34% |
|
Shanghai Bailian Group Co Ltd A
SHG:600827 |
Department Stores | 6.49% |
|
Sun Art Retail Group Limited
F:SRI |
Department Stores | 8.49% |
|
Jiangxi Guoguang Commercial Chains Co Ltd
SHG:605188 |
Department Stores | 19.49% |
|
Hefei Department Store Group Co Ltd
SHE:000417 |
Department Stores | 0.28% |
|
Nanning Department Store Co Ltd
SHG:600712 |
Department Stores | 0.12% |
|
Gwangjushinseg
KO:037710 |
Department Stores | 0.79% |
Annual Asset Resilience Ratio for Better Life Commercial Chain Share Co Ltd (2006–2023)
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