As novel coronavirus COVID-19 spreads around China, small businesses will be very likely hit hard in the country. According to a survey on the epidemic impact on business in China released in the early February 2020, less than ten percent of the surveyed companies in China had the financial ability to maintain their operation for at least six months if business shutdowns continue. About 34 percent of the enterprises had a cash balance only sufficient for one month operation.
Share of enterprises having sufficient cash balance for operation during coronavirus COVID-19 outbreak period in China as of January 2020, by time length
Characteristic
Share of companies
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Sina.com.cn. (February 5, 2020). Share of enterprises having sufficient cash balance for operation during coronavirus COVID-19 outbreak period in China as of January 2020, by time length [Graph]. In Statista. Retrieved July 06, 2024, from https://www.statista.com/statistics/1095480/china-enterprise-cash-balance-circumstance-in-covid-19-epidemic-by-operation-length/
Sina.com.cn. "Share of enterprises having sufficient cash balance for operation during coronavirus COVID-19 outbreak period in China as of January 2020, by time length." Chart. February 5, 2020. Statista. Accessed July 06, 2024. https://www.statista.com/statistics/1095480/china-enterprise-cash-balance-circumstance-in-covid-19-epidemic-by-operation-length/
Sina.com.cn. (2020). Share of enterprises having sufficient cash balance for operation during coronavirus COVID-19 outbreak period in China as of January 2020, by time length. Statista. Statista Inc.. Accessed: July 06, 2024. https://www.statista.com/statistics/1095480/china-enterprise-cash-balance-circumstance-in-covid-19-epidemic-by-operation-length/
Sina.com.cn. "Share of Enterprises Having Sufficient Cash Balance for Operation during Coronavirus Covid-19 Outbreak Period in China as of January 2020, by Time Length." Statista, Statista Inc., 5 Feb 2020, https://www.statista.com/statistics/1095480/china-enterprise-cash-balance-circumstance-in-covid-19-epidemic-by-operation-length/
Sina.com.cn, Share of enterprises having sufficient cash balance for operation during coronavirus COVID-19 outbreak period in China as of January 2020, by time length Statista, https://www.statista.com/statistics/1095480/china-enterprise-cash-balance-circumstance-in-covid-19-epidemic-by-operation-length/ (last visited July 06, 2024)
Share of enterprises having sufficient cash balance for operation during coronavirus COVID-19 outbreak period in China as of January 2020, by time length [Graph], Sina.com.cn, February 5, 2020. [Online]. Available: https://www.statista.com/statistics/1095480/china-enterprise-cash-balance-circumstance-in-covid-19-epidemic-by-operation-length/