Contec Medical Systems Co Ltd
Contec Medical Systems Co.,Ltd engages in the research and development, production, and sale of medical diagnosis and monitoring equipment in China and internationally. The company offers electronic sphygmomanometers, ambulatory blood pressure monitors, pulse oximeters, patient monitors, stethoscopes, simulators, multi-parameter vital signs monitors, central monitoring systems, electrocardiograph… Read more
Contec Medical Systems Co Ltd (300869) - Net Assets
Latest net assets as of September 2025: CN¥1.77 Billion CNY
Based on the latest financial reports, Contec Medical Systems Co Ltd (300869) has net assets worth CN¥1.77 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.79 Billion) and total liabilities (CN¥1.02 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 | CN¥1.77 Billion |
| % of Total Assets | 63.28% |
| Annual Growth Rate | 23.45% |
| 5-Year Change | 18.4% |
| 10-Year Change | 533.3% |
| Growth Volatility | 45.54 |
Contec Medical Systems Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Contec Medical Systems Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Contec Medical Systems Co Ltd (2013–2024)
The table below shows the annual net assets of Contec Medical Systems Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.86 Billion | -9.16% |
| 2023-12-31 | CN¥2.04 Billion | +6.04% |
| 2022-12-31 | CN¥1.93 Billion | +5.95% |
| 2021-12-31 | CN¥1.82 Billion | +16.01% |
| 2020-12-31 | CN¥1.57 Billion | +168.99% |
| 2019-12-31 | CN¥583.23 Million | +14.53% |
| 2018-12-31 | CN¥509.23 Million | +14.05% |
| 2017-12-31 | CN¥446.51 Million | +20.35% |
| 2016-12-31 | CN¥371.02 Million | +26.50% |
| 2015-12-31 | CN¥293.29 Million | +28.08% |
| 2014-12-31 | CN¥229.00 Million | +25.13% |
| 2013-12-31 | CN¥183.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Contec Medical Systems 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 839.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥892.41 Million | 48.05% |
| Common Stock | CN¥401.80 Million | 21.63% |
| Other Comprehensive Income | CN¥218.39 Million | 11.76% |
| Other Components | CN¥344.82 Million | 18.56% |
| Total Equity | CN¥1.86 Billion | 100.00% |
Contec Medical Systems Co Ltd Competitors by Market Cap
The table below lists competitors of Contec Medical Systems Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Niva Bupa Health Insurance Company Limited
NSE:NIVABUPA
|
$356.73 Million |
|
Beijing Centergate Technologies Holding Co Ltd
SHE:000931
|
$356.80 Million |
|
Yujin Robot Co. Ltd
KQ:056080
|
$356.98 Million |
|
INDIA SHELTER FINANCE CORPORATION LIMITED
NSE:INDIASHLTR
|
$357.03 Million |
|
Shenzhen Kexin Communication Technologies Co Ltd
SHE:300565
|
$356.53 Million |
|
Kale Environmental Technology (Shanghai) Corporation
SHE:301070
|
$356.51 Million |
|
TSRC Corp
TW:2103
|
$356.45 Million |
|
Suzhou Electrical Apparatus Sci
SHE:300215
|
$356.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Contec Medical Systems Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,044,796,689 to 1,857,415,749, a change of -187,380,940 (-9.2%).
- Net loss of 77,902,564 reduced equity.
- Dividend payments of 127,716,768 reduced retained earnings.
- Other comprehensive income increased equity by 11,062,148.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-77.90 Million | -4.19% |
| Dividends Paid | CN¥127.72 Million | -6.88% |
| Other Comprehensive Income | CN¥11.06 Million | +0.6% |
| Other Changes | CN¥7.18 Million | +0.39% |
| Total Change | CN¥- | -9.16% |
Book Value vs Market Value Analysis
This analysis compares Contec Medical Systems 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: 3.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.50x to 3.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.91 | CN¥14.29 | x |
| 2014-12-31 | CN¥2.27 | CN¥14.29 | x |
| 2015-12-31 | CN¥0.86 | CN¥14.29 | x |
| 2016-12-31 | CN¥1.08 | CN¥14.29 | x |
| 2017-12-31 | CN¥1.22 | CN¥14.29 | x |
| 2018-12-31 | CN¥1.40 | CN¥14.29 | x |
| 2019-12-31 | CN¥1.45 | CN¥14.29 | x |
| 2020-12-31 | CN¥3.90 | CN¥14.29 | x |
| 2021-12-31 | CN¥4.53 | CN¥14.29 | x |
| 2022-12-31 | CN¥4.72 | CN¥14.29 | x |
| 2023-12-31 | CN¥4.93 | CN¥14.29 | x |
| 2024-12-31 | CN¥4.05 | CN¥14.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Contec Medical Systems 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): -4.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.24%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.47x
- Recent ROE (-4.19%) is below the historical average (18.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 29.39% | 25.18% | 0.78x | 1.49x | CN¥35.49 Million |
| 2014 | 23.78% | 21.60% | 0.83x | 1.33x | CN¥31.56 Million |
| 2015 | 20.98% | 21.63% | 0.67x | 1.44x | CN¥32.20 Million |
| 2016 | 27.89% | 23.41% | 0.89x | 1.33x | CN¥66.39 Million |
| 2017 | 17.26% | 19.37% | 0.72x | 1.24x | CN¥32.41 Million |
| 2018 | 12.18% | 17.10% | 0.63x | 1.13x | CN¥11.11 Million |
| 2019 | 12.65% | 19.05% | 0.57x | 1.16x | CN¥15.46 Million |
| 2020 | 39.10% | 43.78% | 0.67x | 1.34x | CN¥456.51 Million |
| 2021 | 19.36% | 38.78% | 0.33x | 1.53x | CN¥170.35 Million |
| 2022 | 10.17% | 27.55% | 0.19x | 1.94x | CN¥3.37 Million |
| 2023 | 8.11% | 22.19% | 0.23x | 1.57x | CN¥-38.71 Million |
| 2024 | -4.19% | -16.24% | 0.18x | 1.47x | CN¥-263.64 Million |
Industry Comparison
This section compares Contec Medical Systems Co Ltd's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $1,879,733,462
- Average return on equity (ROE) among peers: 24.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Contec Medical Systems Co Ltd (300869) | CN¥1.77 Billion | 29.39% | 0.58x | $356.65 Million |
| Shanghai Kehua Bio-Engineering Co Ltd (002022) | $792.82 Million | 25.77% | 0.17x | $318.98 Million |
| Jiangsu Yuyue Medical Equipment & Supply Co Ltd (002223) | $482.51 Million | 20.84% | 0.32x | $2.79 Billion |
| Double Medical Technology Inc (002901) | $224.61 Million | 43.10% | 0.32x | $404.40 Million |
| Wuhan Easy Diagnosis Biomedicine Co Ltd Class A (002932) | $1.42 Million | 98.49% | 2.27x | $281.14 Million |
| Lepu Medical Tech Beijing (300003) | $12.27 Billion | 14.01% | 0.69x | $2.71 Billion |
| INKON Life Technology Co Ltd (300143) | $1.81 Billion | -20.17% | 0.37x | $637.77 Million |
| Edan Instruments Inc (300206) | $1.26 Billion | 7.37% | 0.15x | $501.55 Million |
| Guangdong Biolight Meditech Co Ltd (300246) | $504.27 Million | 13.31% | 0.36x | $360.97 Million |
| Beijing Leadman Biochemistry Co Ltd (300289) | $1.44 Billion | 2.82% | 0.20x | $267.10 Million |
| Sinocare Inc (300298) | $17.42 Million | 41.15% | 0.68x | $952.60 Million |