Vcanbio Cell & Gene Engineering Corp Ltd (600645) - Net Assets
Based on the latest financial reports, Vcanbio Cell & Gene Engineering Corp Ltd (600645) has net assets worth CN¥3.77 Billion CNY (≈ $551.28 Million 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¥5.27 Billion ≈ $770.45 Million USD) and total liabilities (CN¥1.50 Billion ≈ $219.17 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. Check 600645 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.77 Billion |
| % of Total Assets | 71.55% |
| Annual Growth Rate | 12.24% |
| 5-Year Change | 6.29% |
| 10-Year Change | 114.34% |
| Growth Volatility | 33.3 |
Vcanbio Cell & Gene Engineering Corp Ltd - Net Assets Trend (1992–2025)
This chart illustrates how Vcanbio Cell & Gene Engineering Corp Ltd's net assets have evolved over time, based on quarterly financial data. See 600645 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Vcanbio Cell & Gene Engineering Corp Ltd (1992–2025)
The table below shows the annual net assets of Vcanbio Cell & Gene Engineering Corp Ltd from 1992 to 2025. For live valuation and market cap data, see Vcanbio Cell & Gene Engineering Corp Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.75 Billion ≈ $549.45 Million |
+2.62% |
| 2024-12-31 | CN¥3.66 Billion ≈ $535.44 Million |
-3.67% |
| 2023-12-31 | CN¥3.80 Billion ≈ $555.86 Million |
+3.97% |
| 2022-12-31 | CN¥3.65 Billion ≈ $534.64 Million |
+3.42% |
| 2021-12-31 | CN¥3.53 Billion ≈ $516.95 Million |
+0.87% |
| 2020-12-31 | CN¥3.50 Billion ≈ $512.51 Million |
+1.20% |
| 2019-12-31 | CN¥3.46 Billion ≈ $506.41 Million |
+15.96% |
| 2018-12-31 | CN¥2.98 Billion ≈ $436.71 Million |
+82.60% |
| 2017-12-31 | CN¥1.63 Billion ≈ $239.17 Million |
-6.70% |
| 2016-12-31 | CN¥1.75 Billion ≈ $256.34 Million |
+4.16% |
| 2015-12-31 | CN¥1.68 Billion ≈ $246.10 Million |
+45.45% |
| 2014-12-31 | CN¥1.16 Billion ≈ $169.20 Million |
+75.18% |
| 2013-12-31 | CN¥660.07 Million ≈ $96.59 Million |
+134.45% |
| 2012-12-31 | CN¥281.54 Million ≈ $41.20 Million |
+4.72% |
| 2011-12-31 | CN¥268.85 Million ≈ $39.34 Million |
+10.13% |
| 2010-12-31 | CN¥244.13 Million ≈ $35.72 Million |
+2.05% |
| 2009-12-31 | CN¥239.23 Million ≈ $35.01 Million |
-6.66% |
| 2008-12-31 | CN¥256.31 Million ≈ $37.51 Million |
+38.23% |
| 2007-12-31 | CN¥185.42 Million ≈ $27.13 Million |
+0.75% |
| 2006-12-31 | CN¥184.04 Million ≈ $26.93 Million |
+11.57% |
| 2005-12-31 | CN¥164.95 Million ≈ $24.14 Million |
-46.78% |
| 2004-12-31 | CN¥309.95 Million ≈ $45.36 Million |
-15.09% |
| 2003-12-31 | CN¥365.02 Million ≈ $53.41 Million |
+2.01% |
| 2002-12-31 | CN¥357.83 Million ≈ $52.36 Million |
-13.58% |
| 2001-12-31 | CN¥414.06 Million ≈ $60.59 Million |
-4.58% |
| 2000-12-31 | CN¥433.95 Million ≈ $63.50 Million |
+4.79% |
| 1999-12-31 | CN¥414.12 Million ≈ $60.60 Million |
-0.56% |
| 1998-12-31 | CN¥416.47 Million ≈ $60.94 Million |
+45.11% |
| 1997-12-31 | CN¥287.01 Million ≈ $42.00 Million |
+14.71% |
| 1996-12-31 | CN¥250.20 Million ≈ $36.61 Million |
+20.11% |
| 1995-12-31 | CN¥208.30 Million ≈ $30.48 Million |
+21.74% |
| 1994-12-31 | CN¥171.11 Million ≈ $25.04 Million |
+24.64% |
| 1993-12-31 | CN¥137.28 Million ≈ $20.09 Million |
+64.94% |
| 1992-12-31 | CN¥83.23 Million ≈ $12.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Vcanbio Cell & Gene Engineering Corp 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 decreased by 2535.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.81 Billion | 102.79% |
| Total Equity | CN¥3.71 Billion | 100.00% |
Vcanbio Cell & Gene Engineering Corp Ltd Competitors by Market Cap
The table below lists competitors of Vcanbio Cell & Gene Engineering Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sensirion Holding AG
SW:SENS
|
$1.26 Billion |
|
immatics biotechnologies GmbH
F:4A3
|
$1.26 Billion |
|
WIZZ AIR HLDG.UNSP.ADR/4
F:WI20
|
$1.26 Billion |
|
Xinxiang Richful Lube Additive Co. Ltd
SHE:300910
|
$1.26 Billion |
|
Alexanders Inc
NYSE:ALX
|
$1.26 Billion |
|
secunet Security Networks Aktiengesellschaft
F:YSN
|
$1.26 Billion |
|
The India Cements Limited
NSE:INDIACEM
|
$1.26 Billion |
|
Hornbach Holding VZO O.N.
XETRA:HBH
|
$1.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vcanbio Cell & Gene Engineering Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,595,087,564 to 3,706,565,543, a change of 111,477,979 (3.1%).
- Net income of 113,831,246 contributed positively to equity growth.
- Other comprehensive income decreased equity by 172,386,190.
- Other factors increased equity by 170,032,923.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥113.83 Million | +3.07% |
| Other Comprehensive Income | CN¥-172.39 Million | -4.65% |
| Other Changes | CN¥170.03 Million | +4.59% |
| Total Change | CN¥- | 3.10% |
Book Value vs Market Value Analysis
This analysis compares Vcanbio Cell & Gene Engineering Corp 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: 2.32x
- 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 33.46x to 2.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.55 | CN¥18.35 | x |
| 1994-12-31 | CN¥0.68 | CN¥18.35 | x |
| 1995-12-31 | CN¥0.83 | CN¥18.35 | x |
| 1996-12-31 | CN¥1.00 | CN¥18.35 | x |
| 1997-12-31 | CN¥1.10 | CN¥18.35 | x |
| 1998-12-31 | CN¥1.62 | CN¥18.35 | x |
| 1999-12-31 | CN¥1.58 | CN¥18.35 | x |
| 2000-12-31 | CN¥1.67 | CN¥18.35 | x |
| 2001-12-31 | CN¥1.44 | CN¥18.35 | x |
| 2002-12-31 | CN¥1.21 | CN¥18.35 | x |
| 2003-12-31 | CN¥1.21 | CN¥18.35 | x |
| 2004-12-31 | CN¥0.90 | CN¥18.35 | x |
| 2005-12-31 | CN¥0.26 | CN¥18.35 | x |
| 2006-12-31 | CN¥0.30 | CN¥18.35 | x |
| 2007-12-31 | CN¥0.27 | CN¥18.35 | x |
| 2008-12-31 | CN¥0.39 | CN¥18.35 | x |
| 2009-12-31 | CN¥0.42 | CN¥18.35 | x |
| 2010-12-31 | CN¥0.41 | CN¥18.35 | x |
| 2011-12-31 | CN¥0.47 | CN¥18.35 | x |
| 2012-12-31 | CN¥0.42 | CN¥18.35 | x |
| 2013-12-31 | CN¥1.39 | CN¥18.35 | x |
| 2014-12-31 | CN¥2.91 | CN¥18.35 | x |
| 2015-12-31 | CN¥4.03 | CN¥18.35 | x |
| 2016-12-31 | CN¥4.19 | CN¥18.35 | x |
| 2017-12-31 | CN¥4.37 | CN¥18.35 | x |
| 2018-12-31 | CN¥7.02 | CN¥18.35 | x |
| 2019-12-31 | CN¥7.42 | CN¥18.35 | x |
| 2020-12-31 | CN¥7.30 | CN¥18.35 | x |
| 2021-12-31 | CN¥7.40 | CN¥18.35 | x |
| 2022-12-31 | CN¥7.60 | CN¥18.35 | x |
| 2023-12-31 | CN¥7.96 | CN¥18.35 | x |
| 2024-12-31 | CN¥7.88 | CN¥18.35 | x |
| 2025-12-31 | CN¥7.92 | CN¥18.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vcanbio Cell & Gene Engineering Corp 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): 3.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.82%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.43x
- Recent ROE (3.07%) is below the historical average (4.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 14.67% | 16.50% | 0.67x | 1.33x | CN¥6.42 Million |
| 1994 | 18.46% | 17.84% | 0.63x | 1.65x | CN¥14.38 Million |
| 1995 | 10.16% | 14.43% | 0.37x | 1.90x | CN¥326.79K |
| 1996 | 10.24% | 10.05% | 0.59x | 1.72x | CN¥593.19K |
| 1997 | 10.54% | 9.76% | 0.49x | 2.19x | CN¥1.50 Million |
| 1998 | 4.80% | 10.44% | 0.28x | 1.66x | CN¥-21.03 Million |
| 1999 | 5.01% | 19.89% | 0.15x | 1.66x | CN¥-19.78 Million |
| 2000 | 4.33% | 9.01% | 0.30x | 1.62x | CN¥-23.71 Million |
| 2001 | 0.70% | 0.85% | 0.38x | 2.17x | CN¥-33.53 Million |
| 2002 | -20.95% | -20.34% | 0.55x | 1.88x | CN¥-93.54 Million |
| 2003 | 1.04% | 0.97% | 0.51x | 2.11x | CN¥-27.05 Million |
| 2004 | -34.82% | -27.85% | 0.50x | 2.48x | CN¥-100.82 Million |
| 2005 | 10.50% | 1.90% | 0.73x | 7.60x | CN¥317.96K |
| 2006 | 10.20% | 1.91% | 0.70x | 7.59x | CN¥155.10K |
| 2007 | 13.68% | 3.03% | 0.67x | 6.78x | CN¥3.19 Million |
| 2008 | 31.05% | 13.57% | 0.44x | 5.18x | CN¥26.51 Million |
| 2009 | 1.66% | 0.69% | 0.44x | 5.47x | CN¥-10.68 Million |
| 2010 | 6.32% | 3.28% | 0.33x | 5.82x | CN¥-4.87 Million |
| 2011 | 15.02% | 10.07% | 0.27x | 5.43x | CN¥7.83 Million |
| 2012 | 9.49% | 4.63% | 0.24x | 8.42x | CN¥-754.66K |
| 2013 | 1.44% | 2.00% | 0.24x | 2.96x | CN¥-42.93 Million |
| 2014 | 3.43% | 7.44% | 0.20x | 2.34x | CN¥-67.78 Million |
| 2015 | 13.41% | 29.39% | 0.25x | 1.81x | CN¥53.01 Million |
| 2016 | 2.38% | 4.52% | 0.28x | 1.89x | CN¥-120.92 Million |
| 2017 | 0.69% | 0.78% | 0.44x | 1.99x | CN¥-140.54 Million |
| 2018 | 2.14% | 4.49% | 0.30x | 1.60x | CN¥-218.00 Million |
| 2019 | 1.48% | 3.58% | 0.28x | 1.46x | CN¥-285.68 Million |
| 2020 | -3.71% | -9.62% | 0.27x | 1.43x | CN¥-468.37 Million |
| 2021 | 4.48% | 10.12% | 0.31x | 1.45x | CN¥-191.03 Million |
| 2022 | 3.18% | 7.27% | 0.29x | 1.49x | CN¥-242.59 Million |
| 2023 | 2.89% | 6.70% | 0.29x | 1.47x | CN¥-261.95 Million |
| 2024 | 2.79% | 6.33% | 0.30x | 1.46x | CN¥-259.16 Million |
| 2025 | 3.07% | 7.82% | 0.27x | 1.43x | CN¥-256.83 Million |
Industry Comparison
This section compares Vcanbio Cell & Gene Engineering Corp Ltd's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $604,930,526
- Average return on equity (ROE) among peers: 13.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vcanbio Cell & Gene Engineering Corp Ltd (600645) | CN¥3.77 Billion | 14.67% | 0.40x | $1.26 Billion |
| Shenzhen CAU Technology Co Ltd (000004) | $85.02 Million | 26.56% | 2.79x | $53.47 Million |
| Pacific Shuanglin Bio pharmacy Co Ltd (000403) | $64.35 Million | 12.98% | 2.10x | $1.50 Billion |
| Nanhua Bio Medicine Co Ltd (000504) | $128.43 Million | -28.90% | 2.15x | $378.62 Million |
| Jiangsu Sihuan Bioengineering Co Ltd (000518) | $730.78 Million | -9.68% | 0.13x | $470.05 Million |
| Chengzhi Shareholding Co Ltd (000990) | $1.65 Billion | 1.65% | 0.84x | $1.54 Billion |
| Hualan Biological EngineeringInc (002007) | $94.10 Million | 30.66% | 1.57x | $3.43 Billion |
| Da An Gene Co Ltd of Sun Yat-Sen University (002030) | $626.21 Million | 14.40% | 0.46x | $1.14 Billion |
| Shanghai RAAS Blood Products Co Ltd Class A (002252) | $170.01 Million | 48.10% | 0.80x | $4.52 Billion |
| Baolingbao Biology Co Ltd (002286) | $238.05 Million | 18.81% | 2.12x | $496.75 Million |
| Tibet Cheezheng Tibetan Medicine Co Ltd (002287) | $2.26 Billion | 16.10% | 0.32x | $1.64 Billion |
About Vcanbio Cell & Gene Engineering Corp Ltd
Vcanbio Cell & Gene Engineering Corp., Ltd, together with its subsidiaries, engages in the preparation and storage of cell detection tests in the People's Republic of China. It offers cell test preparation and storage services for umbilical cord blood hematopoietic stem cells, umbilical cord mesenchymal stem cells, placental pluripotent stem cells, immune cells, adipose stem cells, and dental ste… Read more