MeHow Innovative Ltd. A
MeHow Innovative Ltd. designs, develops, manufactures, and sells precision medical device components and products in China and internationally. The company primarily provides home ventilators, precision molds and automation equipment, surgical instruments, etc. It also offers variable dose pen, auto injector, auto secure dose pen; microfluidic solutions and laboratory consumables, such as cuvette… Read more
MeHow Innovative Ltd. A (301363) - Net Assets
Latest net assets as of June 2025: CN¥3.59 Billion CNY
Based on the latest financial reports, MeHow Innovative Ltd. A (301363) has net assets worth CN¥3.59 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.01 Billion) and total liabilities (CN¥410.94 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 | CN¥3.59 Billion |
| % of Total Assets | 89.74% |
| Annual Growth Rate | 31.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 46.09 |
MeHow Innovative Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how MeHow Innovative Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MeHow Innovative Ltd. A (2020–2024)
The table below shows the annual net assets of MeHow Innovative Ltd. A from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.48 Billion | +9.34% |
| 2023-12-31 | CN¥3.18 Billion | +5.33% |
| 2022-12-31 | CN¥3.02 Billion | +117.09% |
| 2021-12-31 | CN¥1.39 Billion | +19.24% |
| 2020-12-31 | CN¥1.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MeHow Innovative Ltd. A'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 285.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.39 Billion | 40.03% |
| Other Components | CN¥2.09 Billion | 59.97% |
| Total Equity | CN¥3.48 Billion | 100.00% |
MeHow Innovative Ltd. A Competitors by Market Cap
The table below lists competitors of MeHow Innovative Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhuzhou Tianqiao Crane Co Ltd
SHE:002523
|
$489.25 Million |
|
Sinclair Broadcast Group Inc
NASDAQ:SBGI
|
$489.31 Million |
|
Shenzhen Tatfook Tech
SHE:300134
|
$489.36 Million |
|
NMDC Steel Limited
NSE:NSLNISP
|
$489.62 Million |
|
Shanghai Anlogic Infotech Co Ltd
SHG:688107
|
$489.21 Million |
|
SBFC Finance Limited
NSE:SBFC
|
$489.10 Million |
|
Yotrio Group Co Ltd
SHE:002489
|
$489.02 Million |
|
Mawson Gold Ltd
PINK:MWSNF
|
$489.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MeHow Innovative Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,182,287,615 to 3,479,657,187, a change of 297,369,572 (9.3%).
- Net income of 363,776,477 contributed positively to equity growth.
- Dividend payments of 64,808,808 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥363.78 Million | +10.45% |
| Dividends Paid | CN¥64.81 Million | -1.86% |
| Other Changes | CN¥-1.60 Million | -0.05% |
| Total Change | CN¥- | 9.34% |
Book Value vs Market Value Analysis
This analysis compares MeHow Innovative Ltd. A'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: 3.17x
- 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 8.43x to 3.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥3.22 | CN¥27.14 | x |
| 2021-12-31 | CN¥2.74 | CN¥27.14 | x |
| 2022-12-31 | CN¥5.31 | CN¥27.14 | x |
| 2023-12-31 | CN¥7.83 | CN¥27.14 | x |
| 2024-12-31 | CN¥8.56 | CN¥27.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MeHow Innovative Ltd. A 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): 10.45%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.82%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.13x
- Recent ROE (10.45%) is below the historical average (15.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 22.10% | 29.05% | 0.63x | 1.20x | CN¥141.25 Million |
| 2021 | 22.28% | 27.26% | 0.60x | 1.37x | CN¥170.93 Million |
| 2022 | 13.31% | 28.41% | 0.42x | 1.12x | CN¥99.95 Million |
| 2023 | 9.85% | 23.42% | 0.38x | 1.11x | CN¥-4.93 Million |
| 2024 | 10.45% | 22.82% | 0.41x | 1.13x | CN¥15.81 Million |
Industry Comparison
This section compares MeHow Innovative Ltd. A's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $3,294,791,972
- Average return on equity (ROE) among peers: 19.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MeHow Innovative Ltd. A (301363) | CN¥3.59 Billion | 22.10% | 0.11x | $489.23 Million |
| Shanghai Kehua Bio-Engineering Co Ltd (002022) | $398.02 Million | 18.74% | 0.22x | $325.38 Million |
| Jiangsu Yuyue Medical Equipment & Supply Co Ltd (002223) | $7.49 Billion | 23.47% | 0.34x | $2.80 Billion |
| Double Medical Technology Inc (002901) | $1.75 Billion | 26.55% | 0.28x | $399.08 Million |
| Wuhan Easy Diagnosis Biomedicine Co Ltd Class A (002932) | $2.85 Billion | 49.59% | 0.20x | $288.07 Million |
| Lepu Medical Tech Beijing (300003) | $16.74 Billion | 1.48% | 0.47x | $2.77 Billion |
| INKON Life Technology Co Ltd (300143) | $116.90 Million | 17.41% | 0.92x | $621.57 Million |
| Edan Instruments Inc (300206) | $1.25 Billion | 3.50% | 0.14x | $527.51 Million |
| Guangdong Biolight Meditech Co Ltd (300246) | $1.29 Billion | -5.53% | 0.94x | $377.92 Million |
| Beijing Leadman Biochemistry Co Ltd (300289) | $105.32 Million | 39.32% | 0.45x | $271.42 Million |
| Sinocare Inc (300298) | $946.01 Million | 17.47% | 0.11x | $954.87 Million |