EirGenix - Asset Resilience Ratio

Latest as of December 2024: 4.60%

EirGenix (6589) has an Asset Resilience Ratio of 4.60% as of December 2024. 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

NT$500.00 Million
≈ $15.75 Million USD Cash + Short-term Investments

Total Assets

NT$10.88 Billion
≈ $342.67 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2024)

This chart shows how EirGenix's Asset Resilience Ratio has changed over time. Check how strategically is EirGenix's equity deployed to assess the company's strategic physical and investment asset allocation.

Liquid Assets Composition Over Time

This chart breaks down EirGenix'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 6589 company net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents NT$0.00 0%
Short-term Investments NT$500.00 Million 4.6%
Total Liquid Assets NT$500.00 Million 4.60%

Asset Resilience Insights

  • Limited Liquidity: EirGenix maintains only 4.60% 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.

EirGenix Industry Peers by Asset Resilience Ratio

Compare EirGenix's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Ascendis Pharma AS
NASDAQ:ASND
Biotechnology 0.00%
Halozyme Therapeutics Inc
NASDAQ:HALO
Biotechnology 12.71%
Akero Therapeutics Inc
NASDAQ:AKRO
Biotechnology 55.87%
Beijing Tiantan Biological Products Corp Ltd
SHG:600161
Biotechnology 8.08%
Zealand Pharma A/S
CO:ZEAL
Biotechnology 63.98%
Verona Pharma PLC ADR
NASDAQ:VRNA
Biotechnology 0.00%
Immunitybio Inc
NASDAQ:IBRX
Biotechnology 38.07%
Tibet Cheezheng Tibetan Medicine Co Ltd
SHE:002287
Biotechnology 37.31%

Annual Asset Resilience Ratio for EirGenix (2017–2024)

The table below shows the annual Asset Resilience Ratio data for EirGenix.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 4.60% NT$500.00 Million
≈ $15.75 Million
NT$10.88 Billion
≈ $342.67 Million
+0.12pp
2023-12-31 4.48% NT$500.00 Million
≈ $15.75 Million
NT$11.16 Billion
≈ $351.68 Million
-3.96pp
2022-12-31 8.44% NT$1.00 Billion
≈ $31.51 Million
NT$11.85 Billion
≈ $373.25 Million
-6.11pp
2021-12-31 14.55% NT$1.66 Billion
≈ $52.45 Million
NT$11.44 Billion
≈ $360.45 Million
+11.57pp
2020-12-31 2.99% NT$114.52 Million
≈ $3.61 Million
NT$3.84 Billion
≈ $120.83 Million
-6.67pp
2017-12-31 9.65% NT$163.64 Million
≈ $5.16 Million
NT$1.70 Billion
≈ $53.41 Million
--
pp = percentage points

About EirGenix

TWO:6589 Taiwan Biotechnology
Market Cap
$632.48 Million
NT$20.08 Billion TWD
Market Cap Rank
#10884 Global
#368 in Taiwan
Share Price
NT$66.40
Change (1 day)
+0.00%
52-Week Range
NT$66.40 - NT$66.40
All Time High
NT$188.50
About

EirGenix Inc. operates as a contract development and manufacturing company in Taiwan and internationally. The company offers cell line development, process development, analytical and quality control, cGMP manufacturing mammalian and microbial system, and antibody-drug conjugate services. It is also involved in the development of EG12014/EGI014, a Trastuzumab biosimilar, indicated for the treatme… Read more