HOB Biotech Group Corp Ltd - Asset Resilience Ratio

Latest as of September 2023: 2.62%

HOB Biotech Group Corp Ltd (688656) has an Asset Resilience Ratio of 2.62% as of September 2023. 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 688656 financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Liquid Assets

CN¥25.01 Million
≈ $3.66 Million USD Cash + Short-term Investments

Total Assets

CN¥953.83 Million
≈ $139.58 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2022)

This chart shows how HOB Biotech Group Corp Ltd's Asset Resilience Ratio has changed over time. See HOB Biotech Group Corp Ltd (688656) net asset quality to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down HOB Biotech Group Corp 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 HOB Biotech Group Corp Ltd market cap and net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥25.01 Million 2.62%
Total Liquid Assets CN¥25.01 Million 2.62%

Asset Resilience Insights

  • Limited Liquidity: HOB Biotech Group Corp Ltd maintains only 2.62% 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.

HOB Biotech Group Corp Ltd Industry Peers by Asset Resilience Ratio

Compare HOB Biotech Group Corp 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 HOB Biotech Group Corp Ltd (2021–2022)

The table below shows the annual Asset Resilience Ratio data for HOB Biotech Group Corp Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 14.32% CN¥135.23 Million
≈ $19.79 Million
CN¥944.56 Million
≈ $138.22 Million
+13.74pp
2021-12-31 0.58% CN¥5.01 Million
≈ $733.28K
CN¥863.92 Million
≈ $126.42 Million
--
pp = percentage points

About HOB Biotech Group Corp Ltd

SHG:688656 China Medical Devices
Market Cap
$979.53 Million
CN¥6.69 Billion CNY
Market Cap Rank
#9159 Global
#2328 in China
Share Price
CN¥105.45
Change (1 day)
+0.83%
52-Week Range
CN¥96.69 - CN¥213.11
All Time High
CN¥213.11
About

HOB Biotech Group Corp.,Ltd. operates as an in vitro diagnostic company in China and internationally. It provides diagnostic tools, such as line immune, enzyme-linked immunosorbent, and chemiluminescent paramagnetic microparticle immune assays to laboratories and hospitals for the improvement of allergy and autoimmune disease patient care. HOB Biotech Group Corp.,Ltd was founded in 2009 and is ba… Read more