Are Chinese firms resilient enough to survive the raging Coronavirus?


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.

This article is no longer available in our repository.

There could be multiple reasons for this.