Blue Sail Medical Co Ltd Net Assets

Latest as of March 2026: CN¥9.41 Billion CNY ≈ $1.38 Billion USD

Blue Sail Medical Co Ltd net assets. Based on the latest financial reports, Blue Sail Medical Co Ltd (002382) has net assets worth CN¥9.41 Billion CNY (≈ $1.38 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥16.12 Billion ≈ $2.36 Billion USD) and total liabilities (CN¥6.71 Billion ≈ $981.56 Million 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. See 002382 equity to assets ratio to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥9.41 Billion
% of Total Assets	58.38%
Annual Growth Rate	28.66%
5-Year Change	-10.21%
10-Year Change	627.74%
Growth Volatility	120.09

Net Assets of Blue Sail Medical Co Ltd (2006–2025)

Net assets of Blue Sail Medical Co Ltd from 2006 to 2025. This chart illustrates how Blue Sail Medical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Blue Sail Medical Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.

Annual Net Assets for Blue Sail Medical Co Ltd (2006–2025)

The table below shows the annual net assets of Blue Sail Medical Co Ltd from 2006 to 2025. For live market cap and overall valuation, see market cap of Blue Sail Medical Co Ltd.

Year	Net Assets	Change
2025-12-31	CN¥9.46 Billion ≈ $1.38 Billion	-3.47%
2024-12-31	CN¥9.80 Billion ≈ $1.43 Billion	+2.64%
2023-12-31	CN¥9.55 Billion ≈ $1.40 Billion	-9.51%
2022-12-31	CN¥10.55 Billion ≈ $1.54 Billion	+0.15%
2021-12-31	CN¥10.54 Billion ≈ $1.54 Billion	+7.32%
2020-12-31	CN¥9.82 Billion ≈ $1.44 Billion	+16.00%
2019-12-31	CN¥8.46 Billion ≈ $1.24 Billion	+8.51%
2018-12-31	CN¥7.80 Billion ≈ $1.14 Billion	+446.09%
2017-12-31	CN¥1.43 Billion ≈ $209.01 Million	+9.87%
2016-12-31	CN¥1.30 Billion ≈ $190.24 Million	+9.82%
2015-12-31	CN¥1.18 Billion ≈ $173.22 Million	+13.20%
2014-12-31	CN¥1.05 Billion ≈ $153.03 Million	+6.24%
2013-12-31	CN¥984.34 Million ≈ $144.04 Million	+2.34%
2012-12-31	CN¥961.83 Million ≈ $140.75 Million	+4.93%
2011-12-31	CN¥916.68 Million ≈ $134.14 Million	+1.43%
2010-12-31	CN¥903.72 Million ≈ $132.24 Million	+344.61%
2009-12-31	CN¥203.26 Million ≈ $29.74 Million	+28.31%
2008-12-31	CN¥158.41 Million ≈ $23.18 Million	+63.22%
2007-12-31	CN¥97.05 Million ≈ $14.20 Million	+23.15%
2006-12-31	CN¥78.81 Million ≈ $11.53 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Blue Sail Medical 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 1975.2% over the analyzed period, indicating profitable operations and earnings retention.

Blue Sail Medical Co Ltd Net Assets Breakdown (December 2025)

Blue Sail Medical Co Ltd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	CN¥849.20 Million	11.85%
Other Components	CN¥6.32 Billion	88.15%
Total Equity	CN¥7.17 Billion	100.00%

Blue Sail Medical Co Ltd Competitors by Market Cap

The table below lists competitors of Blue Sail Medical Co Ltd ranked by their market capitalization.

Company	Market Cap
Hiecise Precision Equipment Co Ltd SHE:300809	$797.67 Million
B-Soft Co Ltd SHE:300451	$797.93 Million
Aces Electronics Co Ltd TW:3605	$797.94 Million
Quantum Corporation NASDAQ:QMCO	$798.05 Million
Hang Xiao Steel Structure Co Ltd SHG:600477	$797.39 Million
Center International Group Co Ltd SHG:603098	$797.38 Million
Chongqing Road & Bridge Co Ltd SHG:600106	$797.36 Million
Baramulti Suksessarana Tbk JK:BSSR	$797.25 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Blue Sail Medical Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 8,186,411,188 to 7,165,017,134, a change of -1,021,394,054 (-12.5%).
Net loss of 758,940,831 reduced equity.
Dividend payments of 168,383,838 reduced retained earnings.
Other comprehensive income increased equity by 272,425,955.
Other factors decreased equity by 366,495,341.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-758.94 Million	-10.59%
Dividends Paid	CN¥168.38 Million	-2.35%
Other Comprehensive Income	CN¥272.43 Million	+3.8%
Other Changes	CN¥-366.50 Million	-5.12%
Total Change	CN¥-	-12.48%

Book Value vs Market Value Analysis

This analysis compares Blue Sail Medical 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: 0.76x
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 24.89x to 0.76x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	CN¥0.22	CN¥5.41	x
2007-12-31	CN¥0.27	CN¥5.41	x
2008-12-31	CN¥0.44	CN¥5.41	x
2009-12-31	CN¥0.57	CN¥5.41	x
2010-12-31	CN¥2.02	CN¥5.41	x
2011-12-31	CN¥1.89	CN¥5.41	x
2012-12-31	CN¥2.00	CN¥5.41	x
2013-12-31	CN¥2.10	CN¥5.41	x
2014-12-31	CN¥2.20	CN¥5.41	x
2015-12-31	CN¥2.43	CN¥5.41	x
2016-12-31	CN¥2.65	CN¥5.41	x
2017-12-31	CN¥2.91	CN¥5.41	x
2018-12-31	CN¥10.57	CN¥5.41	x
2019-12-31	CN¥8.77	CN¥5.41	x
2020-12-31	CN¥9.66	CN¥5.41	x
2021-12-31	CN¥10.03	CN¥5.41	x
2022-12-31	CN¥10.49	CN¥5.41	x
2023-12-31	CN¥9.41	CN¥5.41	x
2024-12-31	CN¥8.08	CN¥5.41	x
2025-12-31	CN¥7.11	CN¥5.41	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Blue Sail Medical 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): -10.59%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -13.22%
• Asset Turnover: 0.34x
• Equity Multiplier: 2.34x
Recent ROE (-10.59%) is below the historical average (11.13%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	42.94%	9.43%	1.15x	3.95x	CN¥25.96 Million
2007	31.80%	7.62%	1.56x	2.67x	CN¥21.16 Million
2008	38.73%	11.88%	1.58x	2.07x	CN¥45.52 Million
2009	29.44%	12.53%	1.26x	1.87x	CN¥39.52 Million
2010	4.46%	6.49%	0.61x	1.13x	CN¥-50.04 Million
2011	3.17%	3.11%	0.71x	1.43x	CN¥-62.61 Million
2012	5.32%	3.84%	0.81x	1.71x	CN¥-44.99 Million
2013	4.77%	3.52%	0.69x	1.96x	CN¥-51.46 Million
2014	5.92%	4.02%	0.96x	1.54x	CN¥-42.56 Million
2015	14.39%	11.28%	1.01x	1.27x	CN¥51.95 Million
2016	13.94%	14.05%	0.81x	1.22x	CN¥51.18 Million
2017	14.08%	12.75%	0.86x	1.29x	CN¥58.25 Million
2018	4.45%	13.07%	0.21x	1.63x	CN¥-433.12 Million
2019	5.81%	14.11%	0.26x	1.57x	CN¥-352.94 Million
2020	17.91%	22.35%	0.46x	1.74x	CN¥776.76 Million
2021	10.97%	14.25%	0.48x	1.61x	CN¥102.08 Million
2022	-3.53%	-7.60%	0.31x	1.50x	CN¥-1.43 Billion
2023	-5.95%	-11.54%	0.32x	1.64x	CN¥-1.52 Billion
2024	-5.44%	-7.13%	0.37x	2.05x	CN¥-1.26 Billion
2025	-10.59%	-13.22%	0.34x	2.34x	CN¥-1.48 Billion

Industry Comparison

This section compares Blue Sail Medical Co Ltd's net assets metrics with peer companies in the Medical Instruments & Supplies industry.

Industry Context

Industry: Medical Instruments & Supplies
Average net assets among peers: $1,609,955,576
Average return on equity (ROE) among peers: 8.59%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Blue Sail Medical Co Ltd (002382)	CN¥9.41 Billion	42.94%	0.71x	$797.66 Million
Beijing Centergate Technologies Holding Co Ltd (000931)	$1.89 Billion	4.92%	0.86x	$430.91 Million
Andon Health Co Ltd (002432)	$608.95 Million	-24.76%	0.35x	$3.55 Billion
Allmed Medical Products Co Ltd Class A (002950)	$2.75 Billion	15.67%	0.82x	$761.72 Million
Guangzhou Improve Med Instrument (300030)	$687.93 Million	5.45%	0.11x	$276.44 Million
QITIAN Technology Group Co Ltd (300061)	$64.46 Million	19.72%	1.76x	$688.52 Million
Shanghai Tofflon Science Tech (300171)	$3.00 Billion	7.82%	0.40x	$1.51 Billion
Truking Technology Ltd (300358)	$3.68 Billion	15.39%	1.70x	$902.00 Million
Jiangxi Sanxin Medtec Co Ltd (300453)	$250.27 Million	19.43%	0.52x	$713.55 Million
Shenyang Xingqi Pharmaceutical Co Ltd (300573)	$1.55 Billion	13.64%	0.15x	$1.19 Billion

About Blue Sail Medical Co Ltd

SHE:002382 China Medical Instruments & Supplies

Market Cap

$797.66 Million

CN¥5.45 Billion CNY

Market Cap Rank

#9659 Global

#2411 in China

Share Price

CN¥5.41

Change (1 day)

-5.91%

52-Week Range

CN¥5.08 - CN¥8.66

All Time High

CN¥34.79