Chengdu Hongqi Chain Co Ltd - Asset Resilience Ratio
Chengdu Hongqi Chain Co Ltd (002697) has an Asset Resilience Ratio of 4.81% as of September 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 Chengdu Hongqi Chain Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2023)
This chart shows how Chengdu Hongqi Chain Co Ltd's Asset Resilience Ratio has changed over time. See Chengdu Hongqi Chain Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Chengdu Hongqi Chain 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 market cap of Chengdu Hongqi Chain Co Ltd.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥400.00 Million | 4.81% |
| Total Liquid Assets | CN¥400.00 Million | 4.81% |
Asset Resilience Insights
- Limited Liquidity: Chengdu Hongqi Chain Co Ltd maintains only 4.81% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Chengdu Hongqi Chain Co Ltd Industry Peers by Asset Resilience Ratio
Compare Chengdu Hongqi Chain 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% |
|
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% |
|
Importadora y Exportadora de la Patagonia SA
BA:PATA |
Department Stores | 2.68% |
Annual Asset Resilience Ratio for Chengdu Hongqi Chain Co Ltd (2014–2023)
The table below shows the annual Asset Resilience Ratio data for Chengdu Hongqi Chain Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 4.95% | CN¥401.19 Million ≈ $58.71 Million |
CN¥8.11 Billion ≈ $1.19 Billion |
+2.38pp |
| 2022-12-31 | 2.57% | CN¥210.24 Million ≈ $30.76 Million |
CN¥8.19 Billion ≈ $1.20 Billion |
-1.42pp |
| 2021-12-31 | 3.99% | CN¥300.00 Million ≈ $43.90 Million |
CN¥7.53 Billion ≈ $1.10 Billion |
-5.80pp |
| 2019-12-31 | 9.79% | CN¥500.00 Million ≈ $73.17 Million |
CN¥5.11 Billion ≈ $747.43 Million |
+3.53pp |
| 2018-12-31 | 6.26% | CN¥300.00 Million ≈ $43.90 Million |
CN¥4.79 Billion ≈ $701.52 Million |
+5.13pp |
| 2016-12-31 | 1.13% | CN¥45.00 Million ≈ $6.58 Million |
CN¥3.99 Billion ≈ $583.45 Million |
-2.11pp |
| 2014-12-31 | 3.24% | CN¥100.00 Million ≈ $14.63 Million |
CN¥3.09 Billion ≈ $451.95 Million |
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About Chengdu Hongqi Chain Co Ltd
Chengdu Hongqi Chain Co.,Ltd., together with its subsidiaries, engages in the chain operation of convenience supermarkets in China. The company was founded in 2000 and is headquartered in Chengdu, China.