Qian Yuan Baixing Inc
Qian Yuan Baixing, Inc. focuses on the medical equipment diagnostic and biotech business. The company was formerly known as MDCorp. and changed its name to Qian Yuan Baixing, Inc. in May 2018. Qian Yuan Baixing, Inc. was founded in 2005 and is based in Seattle, Washington.
Qian Yuan Baixing Inc (QYBX) - Net Assets
Latest net assets as of March 2025: $1.25 Million USD
Based on the latest financial reports, Qian Yuan Baixing Inc (QYBX) has net assets worth $1.25 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.68 Million) and total liabilities ($1.43 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.25 Million |
| % of Total Assets | 46.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Qian Yuan Baixing Inc - Net Assets Trend (2007–2024)
This chart illustrates how Qian Yuan Baixing Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Qian Yuan Baixing Inc (2007–2024)
The table below shows the annual net assets of Qian Yuan Baixing Inc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.21 Million | +28.25% |
| 2023-12-31 | $941.88K | +1206.97% |
| 2022-12-31 | $-85.09K | -5.58% |
| 2021-12-31 | $-80.59K | +66.85% |
| 2020-12-31 | $-243.07K | -74.98% |
| 2018-12-31 | $-138.92K | -121.73% |
| 2017-12-31 | $-62.65K | +96.87% |
| 2010-12-31 | $-2.00 Million | -113.68% |
| 2009-12-31 | $-936.62K | +1.83% |
| 2008-12-31 | $-954.13K | +86.29% |
| 2007-12-31 | $-6.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qian Yuan Baixing 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 213555900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $91.64K | 7.59% |
| Other Comprehensive Income | $-54.03K | -4.47% |
| Other Components | $10.29 Million | 851.99% |
| Total Equity | $1.21 Million | 100.00% |
Qian Yuan Baixing Inc Competitors by Market Cap
The table below lists competitors of Qian Yuan Baixing Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beacon Energy PLC
LSE:BCE
|
$87.84 |
|
NAUTILUS
BE:DF3
|
$87.87 |
|
UNION DICON SALT PLC
XNSA:UNIONDICON
|
$87.89 |
|
African Discovery Group Inc
PINK:AFDG
|
$87.96 |
|
ODYSSEY ENERGY
BE:ODQ
|
$87.15 |
|
INTERNATIONAL BREWERIES PLC
XNSA:INTBREW
|
$87.07 |
|
Rosinbomb
PINK:ROSN
|
$87.03 |
|
Gresham House Energy Storage Fund PLC
LSE:GRID
|
$86.79 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qian Yuan Baixing Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 941,875 to 1,207,994, a change of 266,119 (28.3%).
- Net income of 300,325 contributed positively to equity growth.
- Other comprehensive income decreased equity by 34,206.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $300.32K | +24.86% |
| Other Comprehensive Income | $-34.21K | -2.83% |
| Total Change | $- | 28.25% |
Book Value vs Market Value Analysis
This analysis compares Qian Yuan Baixing 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: 0.97x
- 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 |
|---|---|---|---|
| 2017-12-31 | $0.00 | $0.01 | x |
| 2018-12-31 | $0.00 | $0.01 | x |
| 2020-12-31 | $0.00 | $0.01 | x |
| 2021-12-31 | $0.00 | $0.01 | x |
| 2022-12-31 | $0.00 | $0.01 | x |
| 2023-12-31 | $0.01 | $0.01 | x |
| 2024-12-31 | $0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qian Yuan Baixing 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): 24.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.02%
- • Asset Turnover: 1.66x
- • Equity Multiplier: 2.14x
- Recent ROE (24.86%) is above the historical average (12.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | -15.14% | 2.24x | 0.00x | $-1.06 Million |
| 2008 | 0.00% | -26.80% | 5.71x | 0.00x | $-3.22 Million |
| 2009 | 0.00% | -10.25% | 4.84x | 0.00x | $-1.08 Million |
| 2010 | 0.00% | -5.49% | 4.21x | 0.00x | $-493.62K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-132.63K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-80.12K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $2.77K |
| 2021 | 0.00% | 35.18% | 0.62x | 0.00x | $71.66K |
| 2022 | 0.00% | 0.48% | 1.79x | 0.00x | $10.70K |
| 2023 | 110.52% | 21.28% | 3.02x | 1.72x | $946.79K |
| 2024 | 24.86% | 7.02% | 1.66x | 2.14x | $179.53K |
Industry Comparison
This section compares Qian Yuan Baixing Inc's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $63,280,359,031
- Average return on equity (ROE) among peers: -555.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qian Yuan Baixing Inc (QYBX) | $1.25 Million | 0.00% | 1.15x | $87.53 |
| Antiaging Quantum Living Inc. (AAQL) | $60.47K | -97.75% | 1.17x | $206.17K |
| Design Milk Co Limited (AHAHF) | $6.95 Million | 0.00% | 0.05x | $116.11 Million |
| Allegro.eu SA (ALEGF) | $8.09 Billion | 5.18% | 0.87x | $5.26 Billion |
| Winamp Group SA (ALPET) | $935.38K | -109.07% | 1.55x | $44.57K |
| Amazon.com Inc (AMZN) | $7.76 Billion | 8.13% | 2.26x | $2.10 Trillion |
| artnet AG (ARTZF) | $1.70 Million | 41.01% | 2.39x | $8.91 Million |
| Waitr Holdings Inc (ASAPQ) | $5.40 Million | -5391.56% | 32.12x | $135.00 |
| ASOS Plc (ASOMF) | $866.70 Million | -25.74% | 2.03x | $125.44 Million |
| Alibaba Group Holding Ltd (BABA) | $615.40 Billion | 14.28% | 0.57x | $371.78 Billion |
| Bluestem Group Inc (BGRP) | $673.25 Million | 2.11% | 1.46x | $94.73 |