Western Regions Tourism Development
Western Regions Tourism Development Co.,Ltd provides tourism and travel services in China. The company offers tourism transportation, lake yacht sightseeing, tourism resource development, cable cars, sightseeing vehicles, hot spring tourism, international travel agency, and catering services, as well as food and agricultural product sales. The company was formerly known as Xinjiang Tianshan Tianc… Read more
Western Regions Tourism Development - Asset Resilience Ratio
Western Regions Tourism Development (300859) has an Asset Resilience Ratio of 11.23% as of March 2021. 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 (2020–2020)
This chart shows how Western Regions Tourism Development's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Western Regions Tourism Development'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¥80.00 Million | 11.23% |
| Total Liquid Assets | CN¥80.00 Million | 11.23% |
Asset Resilience Insights
- Moderate Liquidity: Western Regions Tourism Development has 11.23% of assets in liquid form.
- While adequate for normal operations, this level may limit flexibility during economic stress.
- The company has significant short-term investments, indicating active treasury management.
Western Regions Tourism Development Industry Peers by Asset Resilience Ratio
Compare Western Regions Tourism Development's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524 |
Travel Services | 0.01% |
|
Hna-Caissa Travel Group Co Ltd
SHE:000796 |
Travel Services | 0.00% |
|
Emei Shan Tourism Co Ltd
SHE:000888 |
Travel Services | 0.01% |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159 |
Travel Services | -4.67% |
|
Parlo Bhd
KLSE:0022 |
Travel Services | 27.97% |
|
Beijing Utour International Travel Service Co Ltd
SHE:002707 |
Travel Services | 0.83% |
|
Hana Tour
KO:039130 |
Travel Services | 26.56% |
|
Sejoong Co. Ltd
KQ:039310 |
Travel Services | 29.81% |
Annual Asset Resilience Ratio for Western Regions Tourism Development (2020–2020)
The table below shows the annual Asset Resilience Ratio data for Western Regions Tourism Development.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 10.93% | CN¥80.25 Million | CN¥733.90 Million | -- |