XiAn Qujiang Cultural Tourism Co Ltd

SHG:600706 China Travel Services
Market Cap
$354.23 Million
CN¥2.60 Billion CNY
Market Cap Rank
#14502 Global
#3838 in China
Share Price
CN¥10.19
Change (1 day)
-0.68%
52-Week Range
CN¥8.83 - CN¥13.06
All Time High
CN¥22.21
About

Xi'an Qujiang Cultural Tourism Co., Ltd. engages in the tourism business in China. The company's activities include the scenic spot operation and management, accommodation, catering, property management, travel, tourism industry education and training, financial services, and engineering construction, as well as cultural and creative, and leasing, landscaping, and other business services. The com… Read more

XiAn Qujiang Cultural Tourism Co Ltd - Asset Resilience Ratio

Latest as of March 2019: 0.94%

XiAn Qujiang Cultural Tourism Co Ltd (600706) has an Asset Resilience Ratio of 0.94% as of March 2019. 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
CN¥20.68 Million
Cash + Short-term Investments
Total Assets
CN¥2.21 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (1995–2018)

This chart shows how XiAn Qujiang Cultural Tourism Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down XiAn Qujiang Cultural Tourism Co Ltd'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¥20.68 Million 0.94%
Total Liquid Assets CN¥20.68 Million 0.94%

Asset Resilience Insights

  • Limited Liquidity: XiAn Qujiang Cultural Tourism Co Ltd maintains only 0.94% 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.

XiAn Qujiang Cultural Tourism Co Ltd Industry Peers by Asset Resilience Ratio

Compare XiAn Qujiang Cultural Tourism Co Ltd'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 XiAn Qujiang Cultural Tourism Co Ltd (1995–2018)

The table below shows the annual Asset Resilience Ratio data for XiAn Qujiang Cultural Tourism Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 2.78% CN¥60.00 Million CN¥2.16 Billion +1.72pp
2017-12-31 1.06% CN¥20.00 Million CN¥1.89 Billion -0.06pp
2016-12-31 1.12% CN¥20.00 Million CN¥1.78 Billion +1.09pp
2006-12-31 0.04% CN¥460.00K CN¥1.30 Billion -0.01pp
2005-12-31 0.05% CN¥660.00K CN¥1.40 Billion +0.04pp
2004-12-31 0.01% CN¥160.00K CN¥1.41 Billion -0.07pp
2003-12-31 0.08% CN¥810.00K CN¥1.02 Billion -1.29pp
2002-12-31 1.37% CN¥12.11 Million CN¥882.63 Million +0.02pp
2001-12-31 1.36% CN¥11.11 Million CN¥819.10 Million -0.25pp
2000-12-31 1.61% CN¥11.68 Million CN¥724.76 Million -4.08pp
1999-12-31 5.70% CN¥27.48 Million CN¥482.44 Million +4.26pp
1995-12-31 1.44% CN¥3.00 Million CN¥208.56 Million --
pp = percentage points