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Are Chinese firms resilient enough to survive the raging Coronavirus?

Reuters analyzed balance sheets of nearly 4,000 listed Chinese companies to see how well they are financially prepared to cope with the impact

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Coronavirus | chinese companies

Reuters 

As companies in China gradually restart business following the extended Lunar New Year break, investors are fretting over the financial impact of the coronavirus outbreak that has squeezed cash flow and hammered revenues in many sectors. The flu-like epidemic has killed nearly 3,000 people and infected more than 80,000 across the country. Reuters analyzed balance sheets of nearly 4,000 listed Chinese companies to see how well they are financially prepared to cope with the impact. A look at days of cash on hand, which estimates how long a business can run daily operations ...

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First Published: Wed, March 04 2020. 09:24 IST
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