Meinian Onehealth Healthcare Holdings Co Ltd (002044) - Net Assets

Latest as of September 2025: CN¥8.72 Billion CNY ≈ $1.28 Billion USD

Based on the latest financial reports, Meinian Onehealth Healthcare Holdings Co Ltd (002044) has net assets worth CN¥8.72 Billion CNY (≈ $1.28 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 (CN¥19.57 Billion ≈ $2.86 Billion USD) and total liabilities (CN¥10.84 Billion ≈ $1.59 Billion USD). 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 002044 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥8.72 Billion
% of Total Assets	44.58%
Annual Growth Rate	21.19%
5-Year Change	0.36%
10-Year Change	168.48%
Growth Volatility	59.4

Meinian Onehealth Healthcare Holdings Co Ltd - Net Assets Trend (2002–2024)

This chart illustrates how Meinian Onehealth Healthcare Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002044 asset base for the complete picture of this company's asset base.

Annual Net Assets for Meinian Onehealth Healthcare Holdings Co Ltd (2002–2024)

The table below shows the annual net assets of Meinian Onehealth Healthcare Holdings Co Ltd from 2002 to 2024. For live valuation and market cap data, see market cap of Meinian Onehealth Healthcare Holdings Co.

Year	Net Assets	Change
2024-12-31	CN¥8.70 Billion ≈ $1.27 Billion	+3.48%
2023-12-31	CN¥8.41 Billion ≈ $1.23 Billion	+3.80%
2022-12-31	CN¥8.10 Billion ≈ $1.19 Billion	-7.70%
2021-12-31	CN¥8.78 Billion ≈ $1.28 Billion	+1.22%
2020-12-31	CN¥8.67 Billion ≈ $1.27 Billion	+6.35%
2019-12-31	CN¥8.15 Billion ≈ $1.19 Billion	+10.34%
2018-12-31	CN¥7.39 Billion ≈ $1.08 Billion	+5.40%
2017-12-31	CN¥7.01 Billion ≈ $1.03 Billion	+13.23%
2016-12-31	CN¥6.19 Billion ≈ $906.09 Million	+91.02%
2015-12-31	CN¥3.24 Billion ≈ $474.34 Million	+116.93%
2014-12-31	CN¥1.49 Billion ≈ $218.66 Million	+250.10%
2013-12-31	CN¥426.82 Million ≈ $62.46 Million	-29.12%
2012-12-31	CN¥602.14 Million ≈ $88.11 Million	+52.10%
2011-12-31	CN¥395.88 Million ≈ $57.93 Million	+13.88%
2010-12-31	CN¥347.62 Million ≈ $50.87 Million	+2.64%
2009-12-31	CN¥338.68 Million ≈ $49.56 Million	+2.42%
2008-12-31	CN¥330.68 Million ≈ $48.39 Million	+4.32%
2007-12-31	CN¥316.99 Million ≈ $46.39 Million	+3.68%
2006-12-31	CN¥305.75 Million ≈ $44.74 Million	+5.04%
2005-12-31	CN¥291.09 Million ≈ $42.60 Million	+91.75%
2004-12-31	CN¥151.81 Million ≈ $22.21 Million	+4.59%
2003-12-31	CN¥145.15 Million ≈ $21.24 Million	+14.48%
2002-12-31	CN¥126.79 Million ≈ $18.55 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Meinian Onehealth Healthcare Holdings Co Ltd'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 grown by 12215.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.52 Billion	19.22%
Common Stock	CN¥3.91 Billion	49.47%
Other Components	CN¥2.48 Billion	31.30%
Total Equity	CN¥7.91 Billion	100.00%

Meinian Onehealth Healthcare Holdings Co Ltd Competitors by Market Cap

The table below lists competitors of Meinian Onehealth Healthcare Holdings Co Ltd ranked by their market capitalization.

Company	Market Cap
Shihlin Electric & Engineering Corp TW:1503	$3.11 Billion
Bank of Hawaii Corporation NYSE:BOH	$3.11 Billion
TGS NOPEC Geophysical Company ASA OL:TGS	$3.11 Billion
Chongqing Water Group Co Ltd SHG:601158	$3.11 Billion
Catena AB ST:CATE	$3.11 Billion
Solar Applied Materials Technology TWO:1785	$3.11 Billion
CCC Intelligent Solutions Holdings Inc. NASDAQ:CCC	$3.10 Billion
Shaanxi Lighte Optoelectronics Material Co. Ltd. A SHG:688150	$3.10 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Meinian Onehealth Healthcare Holdings Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 7,697,788,310 to 7,911,964,163, a change of 214,175,853 (2.8%).
Net income of 282,237,732 contributed positively to equity growth.
Dividend payments of 210,145,331 reduced retained earnings.
Other factors increased equity by 142,083,452.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥282.24 Million	+3.57%
Dividends Paid	CN¥210.15 Million	-2.66%
Other Changes	CN¥142.08 Million	+1.8%
Total Change	CN¥-	2.78%

Book Value vs Market Value Analysis

This analysis compares Meinian Onehealth Healthcare Holdings Co Ltd'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: 2.77x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 218.21x to 2.77x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	CN¥0.02	CN¥5.43	x
2003-12-31	CN¥0.03	CN¥5.43	x
2004-12-31	CN¥0.15	CN¥5.43	x
2005-12-31	CN¥0.33	CN¥5.43	x
2006-12-31	CN¥0.35	CN¥5.43	x
2007-12-31	CN¥0.36	CN¥5.43	x
2008-12-31	CN¥0.38	CN¥5.43	x
2009-12-31	CN¥0.41	CN¥5.43	x
2010-12-31	CN¥0.40	CN¥5.43	x
2011-12-31	CN¥0.47	CN¥5.43	x
2012-12-31	CN¥0.60	CN¥5.43	x
2013-12-31	CN¥0.47	CN¥5.43	x
2014-12-31	CN¥0.70	CN¥5.43	x
2015-12-31	CN¥1.06	CN¥5.43	x
2016-12-31	CN¥1.53	CN¥5.43	x
2017-12-31	CN¥1.78	CN¥5.43	x
2018-12-31	CN¥1.78	CN¥5.43	x
2019-12-31	CN¥1.94	CN¥5.43	x
2020-12-31	CN¥2.05	CN¥5.43	x
2021-12-31	CN¥2.07	CN¥5.43	x
2022-12-31	CN¥1.89	CN¥5.43	x
2023-12-31	CN¥1.98	CN¥5.43	x
2024-12-31	CN¥1.96	CN¥5.43	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Meinian Onehealth Healthcare Holdings Co Ltd 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): 3.57%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.64%
• Asset Turnover: 0.53x
• Equity Multiplier: 2.54x
Recent ROE (3.57%) is below the historical average (7.31%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	16.58%	4.83%	1.75x	1.96x	CN¥6.42 Million
2003	18.48%	4.49%	1.86x	2.21x	CN¥9.21 Million
2004	16.41%	3.64%	2.04x	2.21x	CN¥8.02 Million
2005	8.49%	4.29%	1.39x	1.42x	CN¥-4.02 Million
2006	9.31%	4.46%	1.49x	1.40x	CN¥-1.96 Million
2007	8.57%	4.45%	1.38x	1.40x	CN¥-4.20 Million
2008	4.26%	3.17%	1.01x	1.33x	CN¥-17.61 Million
2009	5.97%	3.72%	1.14x	1.41x	CN¥-12.79 Million
2010	7.08%	4.19%	1.29x	1.31x	CN¥-9.58 Million
2011	15.56%	7.59%	1.37x	1.50x	CN¥21.05 Million
2012	13.54%	9.56%	0.83x	1.71x	CN¥17.15 Million
2013	-1.79%	-0.64%	1.25x	2.24x	CN¥-41.12 Million
2014	9.85%	9.79%	0.67x	1.50x	CN¥-2.10 Million
2015	8.52%	12.39%	0.47x	1.47x	CN¥-45.37 Million
2016	7.71%	10.47%	0.48x	1.54x	CN¥-134.41 Million
2017	8.91%	9.30%	0.50x	1.93x	CN¥-71.19 Million
2018	12.33%	9.70%	0.51x	2.47x	CN¥154.83 Million
2019	-11.84%	-10.16%	0.45x	2.59x	CN¥-1.60 Billion
2020	6.91%	7.02%	0.36x	2.70x	CN¥-246.15 Million
2021	0.77%	0.67%	0.49x	2.36x	CN¥-742.14 Million
2022	-7.59%	-6.49%	0.47x	2.49x	CN¥-1.30 Billion
2023	6.57%	4.64%	0.56x	2.53x	CN¥-264.16 Million
2024	3.57%	2.64%	0.53x	2.54x	CN¥-508.96 Million

Industry Comparison

This section compares Meinian Onehealth Healthcare Holdings Co Ltd's net assets metrics with peer companies in the Medical Care Facilities industry.

Industry Context

Industry: Medical Care Facilities
Average net assets among peers: $1,633,411,943
Average return on equity (ROE) among peers: 13.50%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Meinian Onehealth Healthcare Holdings Co Ltd (002044)	CN¥8.72 Billion	16.58%	1.24x	$3.11 Billion
Xian International Medical Investment Co Ltd (000516)	$1.60 Billion	21.93%	1.20x	$1.51 Billion
Hengkang Medical Group Co Ltd (002219)	$1.06 Billion	24.38%	0.79x	$1.15 Billion
Aier Eye Hospital Group (300015)	$149.98 Million	9.73%	1.22x	$14.71 Billion
Liaoning He Eye Hospital Group Co. LTD. (301103)	$2.07 Billion	3.07%	0.20x	$459.02 Million
Chengdu Bright Eye Hospital Co. Ltd. (301239)	$744.32 Million	6.59%	0.31x	$1.03 Billion
Huaxia Eye Hospital Group Co. Ltd. A (301267)	$1.85 Billion	24.61%	0.74x	$2.24 Billion
Sanbo Hospital Management Group Ltd. A (301293)	$1.24 Billion	6.18%	0.44x	$1.93 Billion
Top Choice Medical Investment Co Inc (600763)	$4.36 Billion	11.50%	0.42x	$2.76 Billion

About Meinian Onehealth Healthcare Holdings Co Ltd

SHE:002044 China Medical Care Facilities

Market Cap

$3.11 Billion

CN¥21.25 Billion CNY

Market Cap Rank

#4828 Global

#900 in China

Share Price

CN¥5.43

Change (1 day)

+3.23%

52-Week Range

CN¥4.84 - CN¥8.51

All Time High

CN¥135.94