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