Qingdao NovelBeam Technology Co. Ltd. A - Asset Resilience Ratio

Latest as of June 2025: 6.86%

Qingdao NovelBeam Technology Co. Ltd. A (688677) has an Asset Resilience Ratio of 6.86% 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. Read 688677 total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥103.84 Million
≈ $15.19 Million USD Cash + Short-term Investments

Total Assets

CN¥1.51 Billion
≈ $221.37 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2023–2023)

This chart shows how Qingdao NovelBeam Technology Co. Ltd. A's Asset Resilience Ratio has changed over time. See 688677 net asset value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Qingdao NovelBeam Technology Co. Ltd. A'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 Qingdao NovelBeam Technology Co. Ltd. A (688677) market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥103.84 Million 6.86%
Total Liquid Assets CN¥103.84 Million 6.86%

Asset Resilience Insights

  • Limited Liquidity: Qingdao NovelBeam Technology Co. Ltd. A maintains only 6.86% 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.

Qingdao NovelBeam Technology Co. Ltd. A Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Andon Health Co Ltd
SHE:002432
Medical Instruments & Supplies 18.11%
SWS Hemodialysis Care Co. Ltd. A
SHG:688410
Medical Instruments & Supplies 38.45%
Hangzhou Alltest Biotech Co. Ltd. A
SHG:688606
Medical Instruments & Supplies 11.88%
Ansell Ltd
AU:ANN
Medical Instruments & Supplies 7.53%
Nanosonics Ltd
AU:NAN
Medical Instruments & Supplies 46.84%
SDI Ltd
AU:SDI
Medical Instruments & Supplies 3.36%
Austco Healthcare Ltd
AU:AHC
Medical Instruments & Supplies 15.90%
Trajan Group Holdings Ltd
AU:TRJ
Medical Instruments & Supplies 0.29%

Annual Asset Resilience Ratio for Qingdao NovelBeam Technology Co. Ltd. A (2023–2023)

The table below shows the annual Asset Resilience Ratio data for Qingdao NovelBeam Technology Co. Ltd. A.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 2.76% CN¥38.45 Million
≈ $5.63 Million
CN¥1.39 Billion
≈ $204.11 Million
--
pp = percentage points

About Qingdao NovelBeam Technology Co. Ltd. A

SHG:688677 China Medical Instruments & Supplies
Market Cap
$2.45 Billion
CN¥16.73 Billion CNY
Market Cap Rank
#5684 Global
#1173 in China
Share Price
CN¥139.57
Change (1 day)
+2.81%
52-Week Range
CN¥36.31 - CN¥142.50
All Time High
CN¥142.50
About

Qingdao NovelBeam Technology Co.,Ltd. engages in the research, development, production, and sales of medical endoscopic instruments and optical products worldwide. The company offers medical device products and components, such as endoscopes, light sources, and camera systems for surgical operations, as well as surgical external vision system, endoscope system, and other complete systems; and opt… Read more