Top Choice Medical Investment Co Inc

SHG:600763 China Medical Care Facilities
Market Cap
$2.71 Billion
CN¥19.87 Billion CNY
Market Cap Rank
#5450 Global
#710 in China
Share Price
CN¥44.43
Change (1 day)
-1.05%
52-Week Range
CN¥39.73 - CN¥51.96
All Time High
CN¥417.99
Categories
Companies in China Medical Care Facilities
About

Topchoice Medical Co., Inc. engages in the oral medical service field in China. It is involved in the sale of medical equipment, daily necessities, disinfection products, investment management, import and export business, technology development, technology consulting and technology services, and training services for dental medical services. The company was formerly known as Topchoice Medical Inv… Read more

Top Choice Medical Investment Co Inc (600763) - Net Assets

Latest net assets as of September 2025: CN¥4.70 Billion CNY

Based on the latest financial reports, Top Choice Medical Investment Co Inc (600763) has net assets worth CN¥4.70 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¥6.28 Billion) and total liabilities (CN¥1.58 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¥4.70 Billion
% of Total Assets 74.9%
Annual Growth Rate 13.89%
5-Year Change 85.62%
10-Year Change 387.83%
Growth Volatility 75.82

Top Choice Medical Investment Co Inc - Net Assets Trend (1995–2024)

This chart illustrates how Top Choice Medical Investment Co Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Top Choice Medical Investment Co Inc (1995–2024)

The table below shows the annual net assets of Top Choice Medical Investment Co Inc from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.36 Billion +5.74%
2023-12-31 CN¥4.12 Billion +13.94%
2022-12-31 CN¥3.62 Billion +15.07%
2021-12-31 CN¥3.14 Billion +33.90%
2020-12-31 CN¥2.35 Billion +19.23%
2019-12-31 CN¥1.97 Billion +36.05%
2018-12-31 CN¥1.45 Billion +31.70%
2017-12-31 CN¥1.10 Billion +22.33%
2016-12-31 CN¥898.64 Million +0.57%
2015-12-31 CN¥893.57 Million +30.18%
2014-12-31 CN¥686.41 Million +21.77%
2013-12-31 CN¥563.69 Million +24.05%
2012-12-31 CN¥454.39 Million +26.63%
2011-12-31 CN¥358.84 Million +36.12%
2010-12-31 CN¥263.63 Million +23.25%
2009-12-31 CN¥213.91 Million +11.64%
2008-12-31 CN¥191.61 Million +10.15%
2007-12-31 CN¥173.95 Million +7.26%
2006-12-31 CN¥162.17 Million +388.23%
2005-12-31 CN¥33.22 Million +22.80%
2004-12-31 CN¥27.05 Million -25.64%
2003-12-31 CN¥36.37 Million -18.01%
2002-12-31 CN¥44.36 Million +6.98%
2001-12-31 CN¥41.47 Million -79.27%
2000-12-31 CN¥200.00 Million -10.64%
1999-12-31 CN¥223.82 Million +3.51%
1998-12-31 CN¥216.22 Million -10.49%
1997-12-31 CN¥241.55 Million +0.23%
1996-12-31 CN¥241.00 Million +140.52%
1995-12-31 CN¥100.20 Million --

Equity Component Analysis

This analysis shows how different components contribute to Top Choice Medical Investment Co Inc'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 364801576400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.65 Billion 90.57%
Common Stock CN¥447.29 Million 11.11%
Other Comprehensive Income CN¥-67.51 Million -1.68%
Total Equity CN¥4.03 Billion 100.00%

Top Choice Medical Investment Co Inc Competitors by Market Cap

The table below lists competitors of Top Choice Medical Investment Co Inc ranked by their market capitalization.

Company Market Cap
Vivendi SE
PINK:VVVNF
 		$1.69 Billion
Vivendi SA PK
PINK:VIVHY
 		$1.69 Billion
Dunelm Group plc
F:DFQ
 		$1.69 Billion
10X GENOMICS DL -00001
F:1KJ
 		$1.69 Billion
Magazine Luiza S.A
PINK:MGLUY
 		$1.69 Billion
Nyocor Co Ltd
SHG:600821
 		$1.69 Billion
AmTrust Financial Services Inc Pref Series A
PINK:AFSIA
 		$1.69 Billion
Aditya Birla Sun Life AMC Limited
NSE:ABSLAMC
 		$1.69 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Top Choice Medical Investment Co Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,814,926,006 to 4,027,798,200, a change of 212,872,194 (5.6%).
  • Net income of 501,426,891 contributed positively to equity growth.
  • Dividend payments of 149,887,917 reduced retained earnings.
  • Share repurchases of 30,102,542 reduced equity.
  • Other comprehensive income decreased equity by 67,506,681.
  • Other factors decreased equity by 41,057,557.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥501.43 Million +12.45%
Dividends Paid CN¥149.89 Million -3.72%
Share Repurchases CN¥30.10 Million -0.75%
Other Comprehensive Income CN¥-67.51 Million -1.68%
Other Changes CN¥-41.06 Million -1.02%
Total Change CN¥- 5.58%

Book Value vs Market Value Analysis

This analysis compares Top Choice Medical Investment Co Inc'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: 4.94x
  • 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 101.66x to 4.94x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.44 CN¥44.43 x
1996-12-31 CN¥1.05 CN¥44.43 x
1997-12-31 CN¥1.05 CN¥44.43 x
1998-12-31 CN¥0.92 CN¥44.43 x
1999-12-31 CN¥0.98 CN¥44.43 x
2000-12-31 CN¥0.87 CN¥44.43 x
2001-12-31 CN¥0.18 CN¥44.43 x
2002-12-31 CN¥0.13 CN¥44.43 x
2003-12-31 CN¥0.11 CN¥44.43 x
2004-12-31 CN¥0.08 CN¥44.43 x
2005-12-31 CN¥0.10 CN¥44.43 x
2006-12-31 CN¥0.48 CN¥44.43 x
2007-12-31 CN¥0.54 CN¥44.43 x
2008-12-31 CN¥0.60 CN¥44.43 x
2009-12-31 CN¥0.65 CN¥44.43 x
2010-12-31 CN¥0.81 CN¥44.43 x
2011-12-31 CN¥1.03 CN¥44.43 x
2012-12-31 CN¥1.31 CN¥44.43 x
2013-12-31 CN¥1.63 CN¥44.43 x
2014-12-31 CN¥1.96 CN¥44.43 x
2015-12-31 CN¥2.14 CN¥44.43 x
2016-12-31 CN¥2.52 CN¥44.43 x
2017-12-31 CN¥3.12 CN¥44.43 x
2018-12-31 CN¥4.12 CN¥44.43 x
2019-12-31 CN¥5.57 CN¥44.43 x
2020-12-31 CN¥6.71 CN¥44.43 x
2021-12-31 CN¥8.98 CN¥44.43 x
2022-12-31 CN¥10.34 CN¥44.43 x
2023-12-31 CN¥11.91 CN¥44.43 x
2024-12-31 CN¥9.00 CN¥44.43 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Top Choice Medical Investment Co Inc 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): 12.45%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.45%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 1.53x
  • Recent ROE (12.45%) is above the historical average (-2.88%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 13.53% 21.75% 0.57x 1.09x CN¥3.53 Million
1996 5.11% 46.97% 0.09x 1.20x CN¥-11.80 Million
1997 0.23% 0.00% -0.03x 1.07x CN¥-23.61 Million
1998 -14.39% -103.27% 0.12x 1.12x CN¥-51.41 Million
1999 7.40% 20.45% 0.34x 1.07x CN¥-5.82 Million
2000 -13.65% -23396.23% 0.00x 1.03x CN¥-47.30 Million
2001 -365.81% -82443.48% 0.00x 1.18x CN¥-155.84 Million
2002 6.52% 807.43% 0.01x 1.33x CN¥-1.54 Million
2003 -22.79% 0.00% 0.00x 1.41x CN¥-11.93 Million
2004 -34.54% 0.00% 0.00x 1.47x CN¥-12.05 Million
2005 10.01% 84.01% 0.10x 1.25x CN¥4.26K
2006 0.71% 4.91% 0.12x 1.17x CN¥-15.07 Million
2007 5.86% 11.05% 0.45x 1.17x CN¥-7.13 Million
2008 8.27% 11.07% 0.64x 1.16x CN¥-3.23 Million
2009 10.69% 11.75% 0.78x 1.16x CN¥1.43 Million
2010 19.17% 20.33% 0.80x 1.17x CN¥23.58 Million
2011 21.34% 22.16% 0.78x 1.24x CN¥37.21 Million
2012 21.73% 24.02% 0.75x 1.21x CN¥49.14 Million
2013 19.33% 21.69% 0.72x 1.24x CN¥48.48 Million
2014 17.49% 18.86% 0.74x 1.26x CN¥47.16 Million
2015 18.25% 16.30% 0.57x 1.95x CN¥56.24 Million
2016 16.65% 15.50% 0.68x 1.57x CN¥54.40 Million
2017 21.82% 18.36% 0.66x 1.81x CN¥117.32 Million
2018 25.25% 21.48% 0.72x 1.62x CN¥200.57 Million
2019 26.11% 24.14% 0.73x 1.49x CN¥287.57 Million
2020 22.91% 23.59% 0.68x 1.43x CN¥277.61 Million
2021 24.40% 25.27% 0.56x 1.72x CN¥414.74 Million
2022 16.56% 20.17% 0.53x 1.56x CN¥217.19 Million
2023 13.12% 17.58% 0.47x 1.57x CN¥118.95 Million
2024 12.45% 17.45% 0.46x 1.53x CN¥98.65 Million

Industry Comparison

This section compares Top Choice Medical Investment Co Inc's net assets metrics with peer companies in the Medical Care Facilities industry.

Industry Context

  • Industry: Medical Care Facilities
  • Average net assets among peers: $3,105,309,625
  • Average return on equity (ROE) among peers: 8.60%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Top Choice Medical Investment Co Inc (600763) CN¥4.70 Billion 13.53% 0.34x $1.69 Billion
Xian International Medical Investment Co Ltd (000516) $3.50 Billion 5.76% 0.59x $1.03 Billion
Meinian Onehealth Healthcare Holdings Co Ltd (002044) $347.62 Million 6.68% 0.24x $2.93 Billion
Hengkang Medical Group Co Ltd (002219) $414.18 Million 15.93% 0.24x $692.82 Million
Aier Eye Hospital Group (300015) $12.22 Billion 19.01% 0.79x $5.88 Billion
Liaoning He Eye Hospital Group Co. LTD. (301103) $1.88 Billion -1.46% 0.18x $159.92 Million
Chengdu Bright Eye Hospital Co. Ltd. (301239) $2.12 Billion -4.80% 1.17x $342.22 Million
Huaxia Eye Hospital Group Co. Ltd. A (301267) $1.85 Billion 24.61% 0.74x $385.79 Million
Sanbo Hospital Management Group Ltd. A (301293) $2.51 Billion 3.12% 0.25x $1.52 Billion