Citic Press Corp
Citic Press Corporation engages in the book publishing and distribution and urban cultural space operations business in China and internationally. The company operates through Book Publishing and Distribution; and Cultural Consumption and Other Value-Added Services segments. It also operates and a chain of bookstores under the CITIC brand, as well as offers digital reading products. The company w… Read more
Citic Press Corp - Asset Resilience Ratio
Citic Press Corp (300788) has an Asset Resilience Ratio of 0.92% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2023)
This chart shows how Citic Press Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Citic Press Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥30.00 Million | 0.92% |
| Total Liquid Assets | CN¥30.00 Million | 0.92% |
Asset Resilience Insights
- Limited Liquidity: Citic Press Corp maintains only 0.92% 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.
Citic Press Corp Industry Peers by Asset Resilience Ratio
Compare Citic Press Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Tangel Publishing
SHE:300148 |
Publishing | 27.22% |
|
Huamei Holding
SHE:000607 |
Publishing | 2.04% |
|
Central China Land Media Co Ltd
SHE:000719 |
Publishing | 0.65% |
|
Guangdong Guangzhou Daily Media Co Ltd
SHE:002181 |
Publishing | 20.99% |
|
Catcha Digital Bhd
KLSE:0173 |
Publishing | 5.71% |
|
YeaRimDang Publishing Co. Ltd
KQ:036000 |
Publishing | 69.05% |
|
Samsung Publis
KO:068290 |
Publishing | 3.35% |
|
Woongjin Thinkbig Co Ltd
KO:095720 |
Publishing | 0.41% |
Annual Asset Resilience Ratio for Citic Press Corp (2018–2023)
The table below shows the annual Asset Resilience Ratio data for Citic Press Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.44% | CN¥48.04 Million | CN¥3.34 Billion | -36.58pp |
| 2022-12-31 | 38.02% | CN¥1.21 Billion | CN¥3.19 Billion | -1.09pp |
| 2021-12-31 | 39.11% | CN¥1.32 Billion | CN¥3.39 Billion | +33.47pp |
| 2020-12-31 | 5.65% | CN¥170.68 Million | CN¥3.02 Billion | -6.62pp |
| 2019-12-31 | 12.27% | CN¥331.62 Million | CN¥2.70 Billion | +15.28pp |
| 2018-12-31 | -3.01% | CN¥-51.42 Million | CN¥1.71 Billion | -- |