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. Check XiAn Qujiang Cultural Tourism Co Ltd (600706) strategic asset index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥20.68 Million
≈ $3.03 Million USD Cash + Short-term Investments

Total Assets

CN¥2.21 Billion
≈ $323.45 Million USD 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. See XiAn Qujiang Cultural Tourism Co Ltd balance sheet independence to measure how much of total assets are equity-financed.

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 market capitalisation and broader financial context, see XiAn Qujiang Cultural Tourism Co Ltd market cap and net worth.

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%
TUI AG
XETRA:TUI1
Travel Services 0.07%
Corporate Travel Management Ltd
AU:CTD
Travel Services 0.70%
Emei Shan Tourism Co Ltd
SHE:000888
Travel Services 0.01%
Gezinomi Seyahat Turizm Ticaret AS
IS:GZNMI
Travel Services 2.45%
Destinasi Tirta Nusantara Tbk
JK:PDES
Travel Services 0.02%
Flight Centre Travel Group Ltd
AU:FLT
Travel Services 0.41%
WEB Travel Group Ltd
AU:WEB
Travel Services 1.41%

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
≈ $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
--
pp = percentage points

About XiAn Qujiang Cultural Tourism Co Ltd

SHG:600706 China Travel Services
Market Cap
$279.55 Million
CN¥1.91 Billion CNY
Market Cap Rank
#15290 Global
#4531 in China
Share Price
CN¥7.49
Change (1 day)
-1.19%
52-Week Range
CN¥7.49 - 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