Tonghua Grape Wine Co Ltd - Asset Resilience Ratio
Tonghua Grape Wine Co Ltd (600365) has an Asset Resilience Ratio of 0.53% 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. See 600365 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2023)
This chart shows how Tonghua Grape Wine Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 600365 asset base.
Liquid Assets Composition Over Time
This chart breaks down Tonghua Grape Wine Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Tonghua Grape Wine Co Ltd (600365) financial obligations for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥4.33 Million | 0.53% |
| Total Liquid Assets | CN¥4.33 Million | 0.53% |
Asset Resilience Insights
- Limited Liquidity: Tonghua Grape Wine Co Ltd maintains only 0.53% 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.
Tonghua Grape Wine Co Ltd Industry Peers by Asset Resilience Ratio
Compare Tonghua Grape Wine Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Remy Cointreau
PA:RCO |
Beverages - Wineries & Distilleries | 2.04% |
|
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd
SHG:600059 |
Beverages - Wineries & Distilleries | 1.29% |
|
Marie Brizard Wine & Spirits
PA:MBWS |
Beverages - Wineries & Distilleries | 10.31% |
|
HiteJinro Co Ltd
KO:000087 |
Beverages - Wineries & Distilleries | 1.44% |
|
Endeavour Group Ltd
AU:EDV |
Beverages - Wineries & Distilleries | 2.89% |
|
Treasury Wine Estates Ltd
AU:TWE |
Beverages - Wineries & Distilleries | 0.08% |
|
Lark Distilling Co. Ltd
AU:LRK |
Beverages - Wineries & Distilleries | 17.94% |
|
Australian Vintage Ltd
AU:AVG |
Beverages - Wineries & Distilleries | -0.01% |
Annual Asset Resilience Ratio for Tonghua Grape Wine Co Ltd (2002–2023)
The table below shows the annual Asset Resilience Ratio data for Tonghua Grape Wine Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.48% | CN¥4.33 Million ≈ $633.73K |
CN¥894.74 Million ≈ $130.93 Million |
+0.48pp |
| 2003-12-31 | 0.01% | CN¥50.00K ≈ $7.32K |
CN¥612.41 Million ≈ $89.61 Million |
-0.01pp |
| 2002-12-31 | 0.02% | CN¥100.00K ≈ $14.63K |
CN¥650.66 Million ≈ $95.21 Million |
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About Tonghua Grape Wine Co Ltd
Tonghua Grape Wine Co.,Ltd manufactures and sells fruit wines and wine in China. The company offers various categories of wines, such as dry wine, ice wine, sweet wine, and grape spirits under the Hongmei, Tonghua, Tianchi, and other brands. It also sells its products through e-commerce platforms. The company was founded in 1937 and is based in Tonghua, the People's Republic of China.