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. See financial agility of CareRay Digital Medical Technology Co Lt to measure the company's free cash flow as a share of total liabilities.

Liquid Assets

CN¥160.24 Million

≈ $23.45 Million USD Cash + Short-term Investments

Total Assets

CN¥988.48 Million

≈ $144.65 Million USD 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. See 688607 net asset quality score to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see 688607 market cap overview.

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
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 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 ≈ $18.28 Million	CN¥966.95 Million ≈ $141.49 Million	-25.37pp
2023-12-31	38.29%	CN¥362.68 Million ≈ $53.07 Million	CN¥947.30 Million ≈ $138.62 Million	-8.80pp
2022-12-31	47.08%	CN¥425.02 Million ≈ $62.19 Million	CN¥902.68 Million ≈ $132.09 Million	+10.79pp
2021-12-31	36.29%	CN¥341.53 Million ≈ $49.98 Million	CN¥941.07 Million ≈ $137.71 Million	-0.09pp
2020-12-31	36.39%	CN¥157.02 Million ≈ $22.98 Million	CN¥431.55 Million ≈ $63.15 Million	+36.38pp
2019-12-31	0.00%	CN¥9.46K ≈ $1.38K	CN¥383.06 Million ≈ $56.05 Million	-0.01pp
2018-12-31	0.01%	CN¥43.60K ≈ $6.38K	CN¥295.74 Million ≈ $43.28 Million	--

pp = percentage points

About CareRay Digital Medical Technology Co Ltd

SHG:688607 China Medical Devices

Market Cap

$702.83 Million

CN¥4.80 Billion CNY

Market Cap Rank

#10706 Global

#2980 in China

Share Price

CN¥54.50

Change (1 day)

-5.27%

52-Week Range

CN¥18.50 - CN¥72.00

All Time High

CN¥83.08