Ping An Healthcare and Technology Company Limited
Ping An Healthcare and Technology Company Limited, together with its subsidiaries, operates an online healthcare services platform in China. It offers online medical services, such as online consultation, hospital referral and appointment, inpatient arrangement, and second opinion services; prepaid cards and health check-up services; and beauty care. The company provides advertising and health ma… Read more
Ping An Healthcare and Technology Company Limited (PIAHY) - Net Assets
Latest net assets as of June 2025: $9.70 Billion USD
Based on the latest financial reports, Ping An Healthcare and Technology Company Limited (PIAHY) has net assets worth $9.70 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.95 Billion) and total liabilities ($3.26 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.70 Billion |
| % of Total Assets | 74.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | -77.42% |
| 10-Year Change | N/A |
| Growth Volatility | 64.94 |
Ping An Healthcare and Technology Company Limited - Net Assets Trend (2015–2024)
This chart illustrates how Ping An Healthcare and Technology Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ping An Healthcare and Technology Company Limited (2015–2024)
The table below shows the annual net assets of Ping An Healthcare and Technology Company Limited from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.58 Billion | -73.02% |
| 2023-12-31 | $13.27 Billion | -1.42% |
| 2022-12-31 | $13.46 Billion | -4.45% |
| 2021-12-31 | $14.09 Billion | -11.16% |
| 2020-12-31 | $15.86 Billion | +63.98% |
| 2019-12-31 | $9.67 Billion | -5.82% |
| 2018-12-31 | $10.27 Billion | +154.52% |
| 2017-12-31 | $4.03 Billion | +69.90% |
| 2016-12-31 | $2.37 Billion | +2249.58% |
| 2015-12-31 | $-110.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ping An Healthcare and Technology Company Limited'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 667148100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $35.00K | 0.00% |
| Other Comprehensive Income | $171.01 Million | 4.76% |
| Other Components | $10.55 Billion | 293.95% |
| Total Equity | $3.59 Billion | 100.00% |
Ping An Healthcare and Technology Company Limited Competitors by Market Cap
The table below lists competitors of Ping An Healthcare and Technology Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mitsubishi Materials Corporation
PINK:MIMTF
|
$2.04 Billion |
|
Kagome Co., Ltd.
PINK:KGMEF
|
$2.04 Billion |
|
GRUPA KETY A ZY 250
F:GQ2
|
$2.04 Billion |
|
ARMOUR Residential REIT Inc
NYSE:ARR
|
$2.04 Billion |
|
Krones AG
PINK:KRNNF
|
$2.04 Billion |
|
Beijing Tiantan Biological Products Corp Ltd
SHG:600161
|
$2.03 Billion |
|
Page Industries Limited
NSE:PAGEIND
|
$2.03 Billion |
|
Hilton Grand Vacations Inc
NYSE:HGV
|
$2.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ping An Healthcare and Technology Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,283,630,000 to 3,589,369,000, a change of -9,694,261,000 (-73.0%).
- Net income of 81,428,000 contributed positively to equity growth.
- New share issuances of 396,000 increased equity.
- Other comprehensive income increased equity by 15,455,000.
- Other factors decreased equity by 9,791,540,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $81.43 Million | +2.27% |
| Share Issuances | $396.00K | +0.01% |
| Other Comprehensive Income | $15.46 Million | +0.43% |
| Other Changes | $-9.79 Billion | -272.79% |
| Total Change | $- | -72.98% |
Book Value vs Market Value Analysis
This analysis compares Ping An Healthcare and Technology Company Limited'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: 0.34x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $-0.21 | $2.24 | x |
| 2016-12-31 | $4.45 | $2.24 | x |
| 2017-12-31 | $7.56 | $2.24 | x |
| 2018-12-31 | $21.60 | $2.24 | x |
| 2019-12-31 | $19.28 | $2.24 | x |
| 2020-12-31 | $30.77 | $2.24 | x |
| 2021-12-31 | $25.54 | $2.24 | x |
| 2022-12-31 | $24.91 | $2.24 | x |
| 2023-12-31 | $24.60 | $2.24 | x |
| 2024-12-31 | $6.63 | $2.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ping An Healthcare and Technology Company Limited 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): 2.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.69%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 4.67x
- Recent ROE (2.27%) is above the historical average (-9.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -116.15% | 0.91x | 0.00x | $-312.66 Million |
| 2016 | -31.93% | -126.06% | 0.14x | 1.76x | $-995.64 Million |
| 2017 | -24.83% | -53.62% | 0.31x | 1.48x | $-1.41 Billion |
| 2018 | -8.94% | -27.31% | 0.27x | 1.21x | $-1.93 Billion |
| 2019 | -7.61% | -14.49% | 0.41x | 1.28x | $-1.70 Billion |
| 2020 | -5.99% | -13.81% | 0.37x | 1.17x | $-2.53 Billion |
| 2021 | -10.92% | -20.97% | 0.41x | 1.27x | $-2.95 Billion |
| 2022 | -4.73% | -10.25% | 0.36x | 1.27x | $-1.98 Billion |
| 2023 | -2.43% | -6.90% | 0.28x | 1.24x | $-1.65 Billion |
| 2024 | 2.27% | 1.69% | 0.29x | 4.67x | $-277.51 Million |
Industry Comparison
This section compares Ping An Healthcare and Technology Company Limited's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ping An Healthcare and Technology Company Limited (PIAHY) | $9.70 Billion | 0.00% | 0.34x | $2.04 Billion |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |