Tonghua Grape Wine Co Ltd Asset Resilience Ratio
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 Tonghua Grape Wine Co Ltd (600365) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Tonghua Grape Wine Co Ltd (2002–2023)
Asset resilience ratio of Tonghua Grape Wine Co Ltd from 2002 to 2023. This chart shows how Tonghua Grape Wine Co Ltd's Asset Resilience Ratio has changed over time. Read Tonghua Grape Wine Co Ltd (600365) total liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see 600365 total asset value.
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 |
|---|---|---|
|
Kweichow Moutai Co Ltd
SHG:600519 |
Beverages - Wineries & Distilleries | 1.54% |
|
Diageo plc
MX:DEON |
Beverages - Wineries & Distilleries | 0.96% |
|
Jiangsu King's Luck Brewery Joint-Stock Co Ltd
SHG:603369 |
Beverages - Wineries & Distilleries | 5.36% |
|
Endeavour Group Ltd
AU:EDV |
Beverages - Wineries & Distilleries | 2.89% |
|
Jiugui Liquor Co Ltd
SHE:000799 |
Beverages - Wineries & Distilleries | 0.01% |
|
Kuaijishan Shaoxing Rice Wine
SHG:601579 |
Beverages - Wineries & Distilleries | 13.41% |
|
Anhui Kouzi Distillery Co Ltd
SHG:603589 |
Beverages - Wineries & Distilleries | 2.17% |
|
Tilaknagar Industries Limited
NSE:TI |
Beverages - Wineries & Distilleries | 0.00% |
Tonghua Grape Wine Co Ltd Asset Resilience Ratio by Year (2002–2023)
Tonghua Grape Wine Co Ltd asset resilience ratio by year from 2002 to 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.