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.
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. Check Tonghua Grape Wine Co Ltd (600365) strategic asset index to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see market cap of Tonghua Grape Wine Co Ltd.
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 |
|---|---|---|
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304 |
Beverages - Wineries & Distilleries | 15.53% |
|
Endeavour Group Ltd
AU:EDV |
Beverages - Wineries & Distilleries | 2.89% |
|
Anhui Yingjia Distillery Co Ltd
SHG:603198 |
Beverages - Wineries & Distilleries | 22.25% |
|
Hebei Hengshui Laobaigan Liquor Co Ltd
SHG:600559 |
Beverages - Wineries & Distilleries | 5.38% |
|
Yantai Changyu Pioneer Wine Co Ltd
SHE:000869 |
Beverages - Wineries & Distilleries | 0.71% |
|
Hite Jinro
KO:000080 |
Beverages - Wineries & Distilleries | 1.60% |
|
Mhethanol Co. Ltd.
KO:023150 |
Beverages - Wineries & Distilleries | 4.65% |
|
Treasury Wine Estates Ltd
AU:TWE |
Beverages - Wineries & Distilleries | 0.08% |
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.