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. Check XiAn Qujiang Cultural Tourism Co Ltd (600706) strategic asset index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
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 |
-- |
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