XiAn Qujiang Cultural Tourism Co Ltd Asset Resilience Ratio
XiAn Qujiang Cultural Tourism Co Ltd asset resilience ratio. 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. Read XiAn Qujiang Cultural Tourism Co Ltd total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of XiAn Qujiang Cultural Tourism Co Ltd (1995–2018)
Asset resilience ratio of XiAn Qujiang Cultural Tourism Co Ltd from 1995 to 2018. This chart shows how XiAn Qujiang Cultural Tourism Co Ltd's Asset Resilience Ratio has changed over time. See cash generation quality of XiAn Qujiang Cultural Tourism Co Ltd to measure how efficiently the company converts operating cash flow to free cash.
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. For the complete balance sheet picture, see 600706 asset base.
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 |
|---|---|---|
|
Airbnb Inc
NASDAQ:ABNB |
Travel Services | 18.52% |
|
Voyageurs du Monde SA
PA:ALVDM |
Travel Services | 8.69% |
|
WEB Travel Group Ltd
AU:WEB |
Travel Services | 1.41% |
|
Rainbow Tours SA
WAR:RBW |
Travel Services | 0.22% |
|
Corporate Travel Management Ltd
AU:CTD |
Travel Services | 0.70% |
|
Transat AT Inc
TO:TRZ |
Travel Services | 13.47% |
|
Flight Centre Travel Group Ltd
AU:FLT |
Travel Services | 0.41% |
|
Helloworld Travel Ltd
AU:HLO |
Travel Services | 5.39% |
XiAn Qujiang Cultural Tourism Co Ltd Asset Resilience Ratio by Year (1995–2018)
XiAn Qujiang Cultural Tourism Co Ltd asset resilience ratio by year from 1995 to 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 ≈ $8.78 Million |
CN¥2.16 Billion ≈ $315.77 Million |
+1.72pp |
| 2017-12-31 | 1.06% | CN¥20.00 Million ≈ $2.93 Million |
CN¥1.89 Billion ≈ $276.11 Million |
-0.06pp |
| 2016-12-31 | 1.12% | CN¥20.00 Million ≈ $2.93 Million |
CN¥1.78 Billion ≈ $260.42 Million |
+1.09pp |
| 2006-12-31 | 0.04% | CN¥460.00K ≈ $67.31K |
CN¥1.30 Billion ≈ $190.84 Million |
-0.01pp |
| 2005-12-31 | 0.05% | CN¥660.00K ≈ $96.58K |
CN¥1.40 Billion ≈ $205.24 Million |
+0.04pp |
| 2004-12-31 | 0.01% | CN¥160.00K ≈ $23.41K |
CN¥1.41 Billion ≈ $206.17 Million |
-0.07pp |
| 2003-12-31 | 0.08% | CN¥810.00K ≈ $118.53K |
CN¥1.02 Billion ≈ $149.57 Million |
-1.29pp |
| 2002-12-31 | 1.37% | CN¥12.11 Million ≈ $1.77 Million |
CN¥882.63 Million ≈ $129.16 Million |
+0.02pp |
| 2001-12-31 | 1.36% | CN¥11.11 Million ≈ $1.63 Million |
CN¥819.10 Million ≈ $119.86 Million |
-0.25pp |
| 2000-12-31 | 1.61% | CN¥11.68 Million ≈ $1.71 Million |
CN¥724.76 Million ≈ $106.05 Million |
-4.08pp |
| 1999-12-31 | 5.70% | CN¥27.48 Million ≈ $4.02 Million |
CN¥482.44 Million ≈ $70.60 Million |
+4.26pp |
| 1995-12-31 | 1.44% | CN¥3.00 Million ≈ $438.99K |
CN¥208.56 Million ≈ $30.52 Million |
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About XiAn Qujiang Cultural Tourism Co Ltd
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