Better Life Commercial Chain Share Co Ltd - Asset Resilience Ratio

Latest as of March 2024: -62.83%

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. Check 002251 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥-15.02 Billion

≈ $-2.20 Billion USD Cash + Short-term Investments

Total Assets

CN¥23.91 Billion

≈ $3.50 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

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. See 002251 equity to assets ratio to measure how much of total assets are equity-financed.

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 Better Life Commercial Chain Share Co Lt market cap and net worth.

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
Cencosud SN:CENCOSUD	Department Stores	0.31%
Wangfujing SHG:600859	Department Stores	5.34%
Shanghai Bailian Group Co Ltd A SHG:600827	Department Stores	6.49%
Jiangxi Guoguang Commercial Chains Co Ltd SHG:605188	Department Stores	19.49%
Chengdu Hongqi Chain Co Ltd SHE:002697	Department Stores	4.81%
Dashang Co Ltd SHG:600694	Department Stores	6.14%
JTC Inc KQ:950170	Department Stores	2.46%
Future Enterprises Limited NSE:FEL	Department Stores	5.69%

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	--

pp = percentage points

About Better Life Commercial Chain Share Co Ltd

SHE:002251 China Department Stores

Market Cap

$1.51 Billion

CN¥10.30 Billion CNY

Market Cap Rank

#7357 Global

#1696 in China

Share Price

CN¥3.83

Change (1 day)

-1.79%

52-Week Range

CN¥3.66 - CN¥7.11

All Time High

CN¥18.52