Sino Medical Sciences Technology In - Asset Resilience Ratio

Latest as of March 2024: 0.66%

Sino Medical Sciences Technology In (688108) has an Asset Resilience Ratio of 0.66% 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. Check 688108 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥8.54 Million
≈ $1.25 Million USD Cash + Short-term Investments

Total Assets

CN¥1.29 Billion
≈ $188.57 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Sino Medical Sciences Technology In's Asset Resilience Ratio has changed over time. See Sino Medical Sciences Technology In (688108) net asset quality to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Sino Medical Sciences Technology In's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Sino Medical Sciences Technology In (688108) market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥8.54 Million 0.66%
Total Liquid Assets CN¥8.54 Million 0.66%

Asset Resilience Insights

  • Limited Liquidity: Sino Medical Sciences Technology In maintains only 0.66% 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.

Sino Medical Sciences Technology In Industry Peers by Asset Resilience Ratio

Compare Sino Medical Sciences Technology In's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Double Medical Technology Inc
SHE:002901
Medical Devices 12.59%
Shenzhen New Industries Biomedical
SHE:300832
Medical Devices 9.95%
Shanghai MicroPort EV MedTech Co. Ltd. A
SHG:688351
Medical Devices 49.23%
L&C Bio Co. Ltd
KQ:290650
Medical Devices 2.14%
INKON Life Technology Co Ltd
SHE:300143
Medical Devices 5.73%
Shenzhen Lifotronic Technology Co
SHG:688389
Medical Devices 2.53%
Shanghai General Healthy Information and Technology Co. Ltd.
SHG:605186
Medical Devices 0.84%
Eurobio Scientific SA
PA:ALERS
Medical Devices 10.52%

Annual Asset Resilience Ratio for Sino Medical Sciences Technology In (None–None)

The table below shows the annual Asset Resilience Ratio data for Sino Medical Sciences Technology In.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points

About Sino Medical Sciences Technology In

SHG:688108 China Medical Devices
Market Cap
$1.23 Billion
CN¥8.43 Billion CNY
Market Cap Rank
#8169 Global
#1969 in China
Share Price
CN¥20.16
Change (1 day)
+1.05%
52-Week Range
CN¥10.69 - CN¥41.48
All Time High
CN¥42.10
About

Sino Medical Sciences Technology Inc., a medical device company, engages in the research, development, production, and distribution of interventional medical devices in China. Its products include coronary drug stents, coronary balloons catheter, intracranial rapid exchange balloons, and intracranial drug-eluting stents, as well as transapical mitral valve replacement system. Sino Medical Science… Read more