6518.TWO
Price:
$27
Market Cap:
$899.99M
Concord Medical Co., Ltd. provides hospital management support services in Taiwan, Myanmar, and China. It offers medical management services that include medical training and nursing staffing, and assisting on medical management; and procurement services for equipment, drugs, medical materials and consumables, inspection equipment, and reagents and consumables, as well as develops its own brand for medical beauty care products, health foods, and finished Chinese medicine products. The company is also involved in the medical equipment planning and sales; and medical equipment leasing activities. Concord Medical Co., Ltd. was founded in 2009 and is based in New Taipei City, Taiwan.
Industry
Medical - Instruments & Supplies
IPO Date
2015-05-13
Stock Exchange
TWO
Ticker
6518.TWO
According to Concord Medical Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.84. This represents a change of -14.13% compared to the average of 2.14 of the last 4 quarters.
The mean historical Current Ratio of Concord Medical Co., Ltd. over the last ten years is 1.73. The current 1.84 Current Ratio has changed 10.52% with respect to the historical average. Over the past ten years (40 quarters), 6518.TWO's Current Ratio was at its highest in in the December 2022 quarter at 2.27. The Current Ratio was at its lowest in in the June 2019 quarter at 0.
Average
1.73
Median
2.10
Minimum
0.23
Maximum
2.27
Discovering the peaks and valleys of Concord Medical Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 503.96%
Maximum Annual Current Ratio = 2.27
Minimum Annual Increase = -2.18%
Minimum Annual Current Ratio = 0.23
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.21 | -2.18% |
| 2023 | 2.26 | -0.48% |
| 2022 | 2.27 | 14.20% |
| 2021 | 1.99 | 41.19% |
| 2020 | 1.41 | 503.96% |
The current Current Ratio of Concord Medical Co., Ltd. (6518.TWO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.25
5-year avg
2.03
10-year avg
1.73
Concord Medical Co., Ltd.’s Current Ratio is greater than Amed Co., Ltd. (1.21), less than PlexBio Co., Ltd. (2.88), less than BioLASCO Taiwan Co., Ltd. (2.48), less than S&S Healthcare Holding Ltd. (3.26), less than Radiant Innovation Inc. (11.22), greater than General Biologicals Corporation (1.32), less than TFBS Bioscience Inc. (2.43), greater than Healthconn Corp. (1.76), less than SynCore Biotechnology Co.,Ltd (11.18), less than Andros Pharmaceuticals Co.,Ltd (13.81),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.21 | $882.00M | |
| 2.88 | $894.49M | |
| 2.48 | $813.18M | |
| 3.26 | $893.20M | |
| 11.22 | $864.28M | |
| 1.32 | $723.91M | |
| 2.43 | $751.21M | |
| 1.76 | $956.89M | |
| 11.18 | $905.50M | |
| 13.81 | $1.22B |
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