Shandong Realcan Pharmaceutical Co Ltd

SHE:002589 China Medical Distribution
Market Cap
$650.10 Million
CN¥4.77 Billion CNY
Market Cap Rank
#10928 Global
#2491 in China
Share Price
CN¥3.17
Change (1 day)
+0.00%
52-Week Range
CN¥2.76 - CN¥4.69
All Time High
CN¥17.35
About

Realcan Pharmaceutical Group Co., Ltd. sells medicines, medical devices, and medical consumables to medical institutions in China. It operates through the Drug and Equipment Distribution, In Vitro Diagnostics, Pharmaceutical Logistics, Traditional Chinese Medicine, and Microbiome Medicine segments. The company engages in the processing, manufacture, sale, and wholesale of Chinese medicinal materi… Read more

Shandong Realcan Pharmaceutical Co Ltd - Asset Resilience Ratio

Latest as of March 2024: -4.18%

Shandong Realcan Pharmaceutical Co Ltd (002589) has an Asset Resilience Ratio of -4.18% as of March 2024. 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.

Liquid Assets
CN¥-650.47 Million
Cash + Short-term Investments
Total Assets
CN¥15.56 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2023)

This chart shows how Shandong Realcan Pharmaceutical Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Shandong Realcan Pharmaceutical Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥-650.47 Million -4.18%
Total Liquid Assets CN¥-650.47 Million -4.18%

Asset Resilience Insights

  • Limited Liquidity: Shandong Realcan Pharmaceutical Co Ltd maintains only -4.18% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Shandong Realcan Pharmaceutical Co Ltd Industry Peers by Asset Resilience Ratio

Compare Shandong Realcan Pharmaceutical Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
C.Q. Pharmaceutical Holding Co Ltd
SHE:000950
Medical Distribution 0.00%
Shenzhen Glory Medical Co Ltd
SHE:002551
Medical Distribution 10.46%
Hanmi Science
KO:008930
Medical Distribution 0.06%
BCM Alliance Bhd
KLSE:0187
Medical Distribution 17.12%
Qingdao Baheal Medical INC.
SHE:301015
Medical Distribution 3.50%
Excelsior Medical Co Ltd
TW:4104
Medical Distribution 3.70%
CHC Healthcare Group
TW:4164
Medical Distribution 0.46%
China Meheco Co Ltd
SHG:600056
Medical Distribution 0.35%

Annual Asset Resilience Ratio for Shandong Realcan Pharmaceutical Co Ltd (2015–2023)

The table below shows the annual Asset Resilience Ratio data for Shandong Realcan Pharmaceutical Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 -3.99% CN¥-666.13 Million CN¥16.71 Billion +1.98pp
2022-12-31 -5.97% CN¥-1.09 Billion CN¥18.33 Billion -3.05pp
2021-12-31 -2.92% CN¥-770.06 Million CN¥26.40 Billion -3.05pp
2020-12-31 0.13% CN¥40.79 Million CN¥31.29 Billion -0.48pp
2019-12-31 0.61% CN¥198.09 Million CN¥32.47 Billion +0.39pp
2018-12-31 0.22% CN¥77.83 Million CN¥34.84 Billion +0.21pp
2017-12-31 0.01% CN¥2.54 Million CN¥26.98 Billion +0.08pp
2016-12-31 -0.07% CN¥-11.55 Million CN¥15.66 Billion +0.00pp
2015-12-31 -0.08% CN¥-6.91 Million CN¥8.86 Billion --
pp = percentage points