CareRay Digital Medical Technology Co Ltd

SHG:688607 China Medical Devices
Market Cap
$654.61 Million
CN¥4.80 Billion CNY
Market Cap Rank
#10961 Global
#2507 in China
Share Price
CN¥54.50
Change (1 day)
-1.89%
52-Week Range
CN¥14.80 - CN¥66.99
All Time High
CN¥83.08
About

CareRay Digital Medical Technology Co., Ltd. engages in research and development, production, and sales of digital X-ray flat panel detectors in China. The company offers Gen3 panels; radiography products, including wireless, tethered, and specialized panels, as well as accessories; mammography, fluoroscopy, dental, and industrial NDT products; and custom panels. It also provides solutions for re… Read more

CareRay Digital Medical Technology Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 16.21%

CareRay Digital Medical Technology Co Ltd (688607) has an Asset Resilience Ratio of 16.21% as of September 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.

Liquid Assets
CN¥160.24 Million
Cash + Short-term Investments
Total Assets
CN¥988.48 Million
All company assets
Resilience Assessment
Good
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2024)

This chart shows how CareRay Digital Medical Technology 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 CareRay Digital Medical Technology 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¥160.24 Million 16.21%
Total Liquid Assets CN¥160.24 Million 16.21%

Asset Resilience Insights

  • Good Liquidity Position: CareRay Digital Medical Technology Co Ltd maintains a healthy 16.21% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company has significant short-term investments, indicating active treasury management.

CareRay Digital Medical Technology Co Ltd Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
Medical Devices 0.01%
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
Medical Devices 0.26%
Double Medical Technology Inc
SHE:002901
Medical Devices 7.79%
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
Medical Devices 6.64%
Shinhung
KO:004080
Medical Devices 4.17%
UMediC Group Berhad
KLSE:0256
Medical Devices 1.48%
Osang Healthcare Co.,Ltd
KQ:036220
Medical Devices 9.34%
HansBiomed Corporation
KQ:042520
Medical Devices 9.13%

Annual Asset Resilience Ratio for CareRay Digital Medical Technology Co Ltd (2018–2024)

The table below shows the annual Asset Resilience Ratio data for CareRay Digital Medical Technology Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 12.92% CN¥124.91 Million CN¥966.95 Million -25.37pp
2023-12-31 38.29% CN¥362.68 Million CN¥947.30 Million -8.80pp
2022-12-31 47.08% CN¥425.02 Million CN¥902.68 Million +10.79pp
2021-12-31 36.29% CN¥341.53 Million CN¥941.07 Million -0.09pp
2020-12-31 36.39% CN¥157.02 Million CN¥431.55 Million +36.38pp
2019-12-31 0.00% CN¥9.46K CN¥383.06 Million -0.01pp
2018-12-31 0.01% CN¥43.60K CN¥295.74 Million --
pp = percentage points