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. Read total liabilities of Better Life Commercial Chain Share Co Lt for a breakdown of total debt and financial obligations.

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 net assets for net asset value and shareholders' equity analysis.

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%
Grupo Mateus S.A
SA:GMAT3
Department Stores 3.61%
Nanjing Xinjiekou Department Store Co Ltd
SHG:600682
Department Stores 2.96%
Chengdu Hongqi Chain Co Ltd
SHE:002697
Department Stores 4.81%
Hangzhou Jiebai Group Co Ltd
SHG:600814
Department Stores 0.67%
Dashang Co Ltd
SHG:600694
Department Stores 4.25%
Wuhan Hanshang Group Co Ltd
SHG:600774
Department Stores 0.06%
Xinjiang Youhao Group Co Ltd
SHG:600778
Department Stores 0.15%

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
$1.63 Billion
CN¥11.16 Billion CNY
Market Cap Rank
#7027 Global
#1636 in China
Share Price
CN¥4.15
Change (1 day)
+0.24%
52-Week Range
CN¥4.08 - CN¥7.11
All Time High
CN¥18.52
About

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