Zhongchao Inc (ZCMD) - Net Assets
Based on the latest financial reports, Zhongchao Inc (ZCMD) has net assets worth $23.75 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.31 Million) and total liabilities ($2.56 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ZCMD asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $23.75 Million |
| % of Total Assets | 90.27% |
| Annual Growth Rate | 24.54% |
| 5-Year Change | -24.13% |
| 10-Year Change | N/A |
| Growth Volatility | 53.47 |
Zhongchao Inc - Net Assets Trend (2017–2024)
This chart illustrates how Zhongchao Inc's net assets have evolved over time, based on quarterly financial data. Also explore Zhongchao Inc total assets for the complete picture of this company's asset base.
Annual Net Assets for Zhongchao Inc (2017–2024)
The table below shows the annual net assets of Zhongchao Inc from 2017 to 2024. For live valuation and market cap data, see Zhongchao Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $24.15 Million | +14.80% |
| 2023-12-31 | $21.04 Million | -36.29% |
| 2022-12-31 | $33.02 Million | +1.39% |
| 2021-12-31 | $32.57 Million | +2.30% |
| 2020-12-31 | $31.83 Million | +107.54% |
| 2019-12-31 | $15.34 Million | +34.72% |
| 2018-12-31 | $11.39 Million | +119.05% |
| 2017-12-31 | $5.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhongchao Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 457618300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $25.39K | 0.12% |
| Other Comprehensive Income | $-287.27K | -1.38% |
| Other Components | $29.06 Million | 139.45% |
| Total Equity | $20.84 Million | 100.00% |
Zhongchao Inc Competitors by Market Cap
The table below lists competitors of Zhongchao Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MMS Ventures Bhd
KLSE:0113
|
$16.27 Million |
|
Green Packet Bhd
KLSE:0082
|
$16.28 Million |
|
Accent Resources NL
AU:ACS
|
$16.28 Million |
|
Efficient E Solutions Bhd
KLSE:0064
|
$16.28 Million |
|
JPMorgan Emerging Markets Ord
LSE:JMG
|
$16.26 Million |
|
Independence Gold Corp
V:IGO
|
$16.25 Million |
|
Ingress Industrial (Thailand) Public Company Limited
BK:INGRS
|
$16.24 Million |
|
123fahrschule SE
DU:123F
|
$16.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhongchao Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,006,781 to 20,837,907, a change of 2,831,126 (15.7%).
- Net loss of 643,229 reduced equity.
- New share issuances of 3,838,200 increased equity.
- Other comprehensive income decreased equity by 425,537.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-643.23K | -3.09% |
| Share Issuances | $3.84 Million | +18.42% |
| Other Comprehensive Income | $-425.54K | -2.04% |
| Other Changes | $61.69K | +0.3% |
| Total Change | $- | 15.72% |
Book Value vs Market Value Analysis
This analysis compares Zhongchao Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.53x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.80x to 0.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $2.66 | $2.13 | x |
| 2018-12-31 | $5.50 | $2.13 | x |
| 2019-12-31 | $7.12 | $2.13 | x |
| 2020-12-31 | $13.03 | $2.13 | x |
| 2021-12-31 | $13.06 | $2.13 | x |
| 2022-12-31 | $11.51 | $2.13 | x |
| 2023-12-31 | $6.92 | $2.13 | x |
| 2024-12-31 | $4.00 | $2.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhongchao Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.05%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.24x
- Recent ROE (-3.09%) is below the historical average (2.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 29.37% | 15.58% | 1.41x | 1.34x | $1.01 Million |
| 2018 | 26.45% | 23.47% | 0.92x | 1.23x | $1.88 Million |
| 2019 | 26.30% | 27.19% | 0.84x | 1.15x | $2.51 Million |
| 2020 | 14.01% | 24.78% | 0.52x | 1.09x | $1.27 Million |
| 2021 | 0.73% | 1.46% | 0.45x | 1.11x | $-3.02 Million |
| 2022 | -9.83% | -20.78% | 0.37x | 1.29x | $-5.93 Million |
| 2023 | -62.95% | -58.33% | 0.80x | 1.36x | $-13.14 Million |
| 2024 | -3.09% | -4.05% | 0.61x | 1.24x | $-2.73 Million |
Industry Comparison
This section compares Zhongchao Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $363,436,353
- Average return on equity (ROE) among peers: -160.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhongchao Inc (ZCMD) | $23.75 Million | 29.37% | 0.11x | $16.26 Million |
| Aclarion Inc (ACON) | $2.23 Million | -317.55% | 0.31x | $1.99 Million |
| American Well Corp (AMWL) | $480.19 Million | -140.60% | 0.23x | $90.87 Million |
| Heartbeam Inc (BEAT) | $-26.87 Million | 0.00% | 0.00x | $30.38 Million |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG) | $-3.06 Million | 0.00% | 0.00x | $6.51 Million |
| BrightSpring Health Services, Inc. Common Stock (BTSG) | $612.55 Million | -25.24% | 8.03x | $8.82 Billion |
| Carlsmed, Inc. Common Stock (CARL) | $-70.63 Million | 0.00% | 0.00x | $253.42 Million |
| CareCloud Inc. (CCLD) | $101.25 Million | -8.70% | 0.36x | $117.28 Million |
| Certara Inc (CERT) | $492.05 Million | -1.81% | 1.11x | $983.48 Million |
| CareMax Inc (CMAX) | $61.44 Million | -1112.15% | 9.14x | $381.50 |
| Claritev Corporation (CTEV) | $1.99 Billion | 0.49% | 3.21x | $277.75 Million |
About Zhongchao Inc
Zhongchao Inc. provides healthcare information, education, and training services to healthcare professionals under their MDMOOC brand in the People's Republic of China. It operates through two segments, MDMOOC services, and Sales of Patented Drugs. The company offers patient management services in the tumor and rare diseases field, internet healthcare services, and pharmaceutical services, and op… Read more