iRay Technology Co Ltd - Asset Resilience Ratio

Latest as of June 2025: 0.68%

iRay Technology Co Ltd (688301) has an Asset Resilience Ratio of 0.68% as of June 2025. 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 iRay Technology Co Ltd financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Liquid Assets

CN¥67.04 Million

≈ $9.81 Million USD Cash + Short-term Investments

Total Assets

CN¥9.80 Billion

≈ $1.43 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2020–2024)

This chart shows how iRay Technology Co Ltd's Asset Resilience Ratio has changed over time. See net asset quality index of iRay Technology Co Ltd to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down iRay Technology Co Ltd'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 market cap of iRay Technology Co Ltd.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥67.04 Million	0.68%
Total Liquid Assets	CN¥67.04 Million	0.68%

Asset Resilience Insights

Limited Liquidity: iRay Technology Co Ltd maintains only 0.68% 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.

iRay Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare iRay Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Tecan Group AG SW:TECN	Medical Instruments & Supplies	20.48%
Nanosonics Ltd AU:NAN	Medical Instruments & Supplies	46.84%
SWS Hemodialysis Care Co. Ltd. A SHG:688410	Medical Instruments & Supplies	38.45%
Formosa Optical Technology Co Ltd TWO:5312	Medical Instruments & Supplies	46.32%
ZEN Graphene Solutions Ltd V:ZEN	Medical Instruments & Supplies	4.79%
GETS Global Bhd KLSE:5079	Medical Instruments & Supplies	0.03%
Ansell Ltd AU:ANN	Medical Instruments & Supplies	7.53%
SDI Ltd AU:SDI	Medical Instruments & Supplies	3.36%

Annual Asset Resilience Ratio for iRay Technology Co Ltd (2020–2024)

The table below shows the annual Asset Resilience Ratio data for iRay Technology Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2024-12-31	1.25%	CN¥113.28 Million ≈ $16.58 Million	CN¥9.08 Billion ≈ $1.33 Billion	-2.35pp
2023-12-31	3.60%	CN¥270.44 Million ≈ $39.57 Million	CN¥7.51 Billion ≈ $1.10 Billion	-7.83pp
2022-12-31	11.43%	CN¥665.29 Million ≈ $97.35 Million	CN¥5.82 Billion ≈ $851.46 Million	-12.19pp
2021-12-31	23.62%	CN¥835.60 Million ≈ $122.27 Million	CN¥3.54 Billion ≈ $517.59 Million	-11.08pp
2020-12-31	34.70%	CN¥1.00 Billion ≈ $147.03 Million	CN¥2.90 Billion ≈ $423.68 Million	--

pp = percentage points

About iRay Technology Co Ltd

SHG:688301 China Medical Instruments & Supplies

Market Cap

$3.73 Billion

CN¥25.49 Billion CNY

Market Cap Rank

#4368 Global

#736 in China

Share Price

CN¥120.54

Change (1 day)

-0.26%

52-Week Range

CN¥84.77 - CN¥205.77

All Time High

CN¥278.84