Waterdrop Inc ADR (WDH) - Net Assets
Based on the latest financial reports, Waterdrop Inc ADR (WDH) has net assets worth $5.07 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.61 Billion) and total liabilities ($1.54 Billion). 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 WDH cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $5.07 Billion |
| % of Total Assets | 76.7% |
| Annual Growth Rate | 61.14% |
| 5-Year Change | 53.24% |
| 10-Year Change | N/A |
| Growth Volatility | 156.59 |
Waterdrop Inc ADR - Net Assets Trend (2018–2024)
This chart illustrates how Waterdrop Inc ADR's net assets have evolved over time, based on quarterly financial data. Also explore WDH total assets for the complete picture of this company's asset base.
Annual Net Assets for Waterdrop Inc ADR (2018–2024)
The table below shows the annual net assets of Waterdrop Inc ADR from 2018 to 2024. For live valuation and market cap data, see WDH market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.87 Billion | +4.17% |
| 2023-12-31 | $4.68 Billion | -1.84% |
| 2022-12-31 | $4.77 Billion | +19.95% |
| 2021-12-31 | $3.97 Billion | +24.94% |
| 2020-12-31 | $3.18 Billion | +111.81% |
| 2019-12-31 | $1.50 Billion | +439.69% |
| 2018-12-31 | $278.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Waterdrop Inc ADR'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 185553000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $139.00K | 0.00% |
| Other Comprehensive Income | $159.55 Million | 3.33% |
| Other Components | $6.83 Billion | 142.41% |
| Total Equity | $4.80 Billion | 100.00% |
Waterdrop Inc ADR Competitors by Market Cap
The table below lists competitors of Waterdrop Inc ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solaer Israel Ltd
TA:SOLR
|
$475.72 Million |
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
$475.73 Million |
|
EQV Ventures Acquisition Corp. II
NYSE:EVAC
|
$475.82 Million |
|
Abm Investama Tbk
JK:ABMM
|
$475.91 Million |
|
Bsm Chemical Co Ltd
SHE:300796
|
$475.62 Million |
|
Kforce Inc.
NYSE:KFRC
|
$475.59 Million |
|
Shandong Xinjufeng Technology Packaging Co. Ltd. A
SHE:301296
|
$475.52 Million |
|
Shenzhen RoadRover Technology Co Ltd
SHE:002813
|
$475.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Waterdrop Inc ADR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,585,694,000 to 4,797,435,000, a change of 211,741,000 (4.6%).
- Net income of 367,510,000 contributed positively to equity growth.
- Dividend payments of 158,671,000 reduced retained earnings.
- Share repurchases of 106,979,000 reduced equity.
- Other comprehensive income increased equity by 15,443,000.
- Other factors increased equity by 94,438,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $367.51 Million | +7.66% |
| Dividends Paid | $158.67 Million | -3.31% |
| Share Repurchases | $106.98 Million | -2.23% |
| Other Comprehensive Income | $15.44 Million | +0.32% |
| Other Changes | $94.44 Million | +1.97% |
| Total Change | $- | 4.62% |
Book Value vs Market Value Analysis
This analysis compares Waterdrop Inc ADR'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: 0.01x
- 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 1.95x to 0.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.87 | $1.69 | x |
| 2019-12-31 | $46.70 | $1.69 | x |
| 2020-12-31 | $98.92 | $1.69 | x |
| 2021-12-31 | $100.78 | $1.69 | x |
| 2022-12-31 | $118.49 | $1.69 | x |
| 2023-12-31 | $118.16 | $1.69 | x |
| 2024-12-31 | $128.97 | $1.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Waterdrop Inc ADR 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): 7.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.26%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.35x
- Recent ROE (7.66%) is above the historical average (-19.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -75.19% | -87.84% | 0.34x | 2.54x | $-237.02 Million |
| 2019 | -21.41% | -21.28% | 0.59x | 1.70x | $-471.69 Million |
| 2020 | -20.87% | -21.92% | 0.64x | 1.48x | $-981.90 Million |
| 2021 | -39.62% | -49.10% | 0.61x | 1.32x | $-1.97 Billion |
| 2022 | 12.75% | 21.69% | 0.47x | 1.24x | $131.10 Million |
| 2023 | 3.65% | 6.36% | 0.43x | 1.34x | $-291.35 Million |
| 2024 | 7.66% | 13.26% | 0.43x | 1.35x | $-112.23 Million |
Industry Comparison
This section compares Waterdrop Inc ADR's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $49,229,852,389
- Average return on equity (ROE) among peers: 3.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Waterdrop Inc ADR (WDH) | $5.07 Billion | -75.19% | 0.30x | $475.69 Million |
| Arch Capital Group Ltd (ACGL) | $12.32 Billion | 13.29% | 2.08x | $33.43 Billion |
| American International Group Inc (AIG) | $86.50 Billion | 12.11% | 8.87x | $42.23 Billion |
| Brookfield Wealth Solutions Ltd. (BNT) | $8.85 Billion | 9.00% | 5.97x | $2.71 Billion |
| Berkshire Hathaway Inc (BRK-A) | $86.66 Billion | 8.43% | 1.18x | $363.55 Billion |
| Berkshire Hathaway Inc (BRK-B) | $286.36 Billion | 8.41% | 1.17x | $649.36 Billion |
| Enstar Group Limited (ESGR) | $1.68 Billion | 9.13% | 2.92x | $5.04 Billion |
| FG Financial Group (FGF) | $74.20 Million | -1.56% | 0.48x | $6.32 Million |
| Fidelis Insurance Holdings Limited (FIHL) | $1.98 Billion | 6.40% | 1.69x | $2.06 Billion |
| Hartford Financial Services Group (HIG) | $7.58 Billion | -36.27% | 31.71x | $37.61 Billion |
| International General Insurance Holdings Ltd (IGIC) | $301.16 Million | 8.48% | 2.00x | $1.08 Billion |
About Waterdrop Inc ADR
Waterdrop Inc., through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term and long-term health and life insurance products and services. It also operates a medical crowdfunding platform; and E-Find, a clinical trial patient re… Read more