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 CareRay Digital Medical Technology Co Lt (688607) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see CareRay Digital Medical Technology Co Lt balance sheet assets.

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. Read 688607 current and long-term liabilities for a breakdown of total debt and financial obligations.

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
Cochlear Ltd AU:COH	Medical Devices	9.76%
L&C Bio Co. Ltd KQ:290650	Medical Devices	2.14%
Eurobio Scientific SA PA:ALERS	Medical Devices	10.52%
Profound Medical Corp TO:PRN	Medical Devices	67.66%
EBR Systems Inc AU:EBR	Medical Devices	54.70%
Epitomee Medical Ltd TA:EPIT	Medical Devices	0.24%
Cleo Diagnostics Ltd AU:COV	Medical Devices	94.64%
Aligned Genetics Inc KQ:238120	Medical Devices	2.22%

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

$504.62 Million

CN¥3.45 Billion CNY

Market Cap Rank

#12389 Global

#3652 in China

Share Price

CN¥39.13

Change (1 day)

+0.20%

52-Week Range

CN¥26.11 - CN¥72.00

All Time High

CN¥83.08