Laobaixing Pharmacy Asset Resilience Ratio

Latest as of September 2024: 0.01%

Laobaixing Pharmacy asset resilience ratio. Laobaixing Pharmacy (603883) has an Asset Resilience Ratio of 0.01% as of September 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. See 603883 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥1.50 Million

≈ $219.50K USD Cash + Short-term Investments

Total Assets

CN¥21.21 Billion

≈ $3.10 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio of Laobaixing Pharmacy (2015–2023)

Asset resilience ratio of Laobaixing Pharmacy from 2015 to 2023. This chart shows how Laobaixing Pharmacy's Asset Resilience Ratio has changed over time. Read Laobaixing Pharmacy balance sheet liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Laobaixing Pharmacy's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see 603883 total asset value.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥1.50 Million	0.01%
Total Liquid Assets	CN¥1.50 Million	0.01%

Asset Resilience Insights

Limited Liquidity: Laobaixing Pharmacy maintains only 0.01% 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.

Laobaixing Pharmacy Industry Peers by Asset Resilience Ratio

Compare Laobaixing Pharmacy's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Raia Drogasil S.A SA:RADL3	Pharmaceutical Retailers	0.46%
Empreendimentos Pague Menos S.A SA:PGMN3	Pharmaceutical Retailers	0.00%
d1000 Varejo Farma Participações S.A SA:DMVF3	Pharmaceutical Retailers	2.05%
High Tide Inc V:HITI	Pharmaceutical Retailers	0.02%
Yifeng Pharmacy SHG:603939	Pharmaceutical Retailers	19.16%
Dashenlin Pharm Grp Co Ltd SHG:603233	Pharmaceutical Retailers	0.80%
Yunnan Hongxiang Yixintang SHE:002727	Pharmaceutical Retailers	6.05%
ShuYu Civilian Pharmacy Corp. Ltd. SHE:301017	Pharmaceutical Retailers	0.01%

Laobaixing Pharmacy Asset Resilience Ratio by Year (2015–2023)

Laobaixing Pharmacy asset resilience ratio by year from 2015 to 2023. The table below shows the annual Asset Resilience Ratio data for Laobaixing Pharmacy.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	0.01%	CN¥1.50 Million ≈ $219.50K	CN¥21.23 Billion ≈ $3.11 Billion	-0.01pp
2022-12-31	0.01%	CN¥3.00 Million ≈ $438.99K	CN¥21.40 Billion ≈ $3.13 Billion	0.00pp
2021-12-31	0.02%	CN¥3.00 Million ≈ $438.99K	CN¥16.96 Billion ≈ $2.48 Billion	-0.21pp
2020-12-31	0.23%	CN¥25.90 Million ≈ $3.79 Million	CN¥11.28 Billion ≈ $1.65 Billion	+0.10pp
2019-12-31	0.13%	CN¥13.12 Million ≈ $1.92 Million	CN¥9.92 Billion ≈ $1.45 Billion	-0.08pp
2018-12-31	0.21%	CN¥17.73 Million ≈ $2.60 Million	CN¥8.48 Billion ≈ $1.24 Billion	+0.07pp
2017-12-31	0.14%	CN¥9.32 Million ≈ $1.36 Million	CN¥6.70 Billion ≈ $980.26 Million	+0.07pp
2016-12-31	0.07%	CN¥3.49 Million ≈ $510.25K	CN¥4.91 Billion ≈ $718.44 Million	-0.02pp
2015-12-31	0.09%	CN¥3.58 Million ≈ $524.54K	CN¥3.80 Billion ≈ $556.14 Million	--

pp = percentage points

About Laobaixing Pharmacy

SHG:603883 China Pharmaceutical Retailers

Market Cap

$1.66 Billion

CN¥11.36 Billion CNY

Market Cap Rank

#6578 Global

#1302 in China

Share Price

CN¥14.97

Change (1 day)

+0.20%

52-Week Range

CN¥10.96 - CN¥17.57

All Time High

CN¥331.82