Top Choice Medical Investment Co Inc (600763) - Net Assets
Based on the latest financial reports, Top Choice Medical Investment Co Inc (600763) has net assets worth CN¥4.79 Billion CNY (≈ $700.38 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¥6.24 Billion ≈ $912.97 Million USD) and total liabilities (CN¥1.45 Billion ≈ $212.59 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 Top Choice Medical Investment Co Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.79 Billion |
| % of Total Assets | 76.71% |
| Annual Growth Rate | 13.58% |
| 5-Year Change | 45.31% |
| 10-Year Change | 408.45% |
| Growth Volatility | 74.65 |
Top Choice Medical Investment Co Inc - Net Assets Trend (1995–2025)
This chart illustrates how Top Choice Medical Investment Co Inc's net assets have evolved over time, based on quarterly financial data. See Top Choice Medical Investment Co Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Top Choice Medical Investment Co Inc (1995–2025)
The table below shows the annual net assets of Top Choice Medical Investment Co Inc from 1995 to 2025. For live valuation and market cap data, see how much is Top Choice Medical Investment Co Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.57 Billion ≈ $668.61 Million |
+4.82% |
| 2024-12-31 | CN¥4.36 Billion ≈ $637.87 Million |
+5.74% |
| 2023-12-31 | CN¥4.12 Billion ≈ $603.26 Million |
+13.94% |
| 2022-12-31 | CN¥3.62 Billion ≈ $529.46 Million |
+15.07% |
| 2021-12-31 | CN¥3.14 Billion ≈ $460.14 Million |
+33.90% |
| 2020-12-31 | CN¥2.35 Billion ≈ $343.64 Million |
+19.23% |
| 2019-12-31 | CN¥1.97 Billion ≈ $288.22 Million |
+36.05% |
| 2018-12-31 | CN¥1.45 Billion ≈ $211.85 Million |
+31.70% |
| 2017-12-31 | CN¥1.10 Billion ≈ $160.86 Million |
+22.33% |
| 2016-12-31 | CN¥898.64 Million ≈ $131.50 Million |
+0.57% |
| 2015-12-31 | CN¥893.57 Million ≈ $130.76 Million |
+30.18% |
| 2014-12-31 | CN¥686.41 Million ≈ $100.44 Million |
+21.77% |
| 2013-12-31 | CN¥563.69 Million ≈ $82.49 Million |
+24.05% |
| 2012-12-31 | CN¥454.39 Million ≈ $66.49 Million |
+26.63% |
| 2011-12-31 | CN¥358.84 Million ≈ $52.51 Million |
+36.12% |
| 2010-12-31 | CN¥263.63 Million ≈ $38.58 Million |
+23.25% |
| 2009-12-31 | CN¥213.91 Million ≈ $31.30 Million |
+11.64% |
| 2008-12-31 | CN¥191.61 Million ≈ $28.04 Million |
+10.15% |
| 2007-12-31 | CN¥173.95 Million ≈ $25.45 Million |
+7.26% |
| 2006-12-31 | CN¥162.17 Million ≈ $23.73 Million |
+388.23% |
| 2005-12-31 | CN¥33.22 Million ≈ $4.86 Million |
+22.80% |
| 2004-12-31 | CN¥27.05 Million ≈ $3.96 Million |
-25.64% |
| 2003-12-31 | CN¥36.37 Million ≈ $5.32 Million |
-18.01% |
| 2002-12-31 | CN¥44.36 Million ≈ $6.49 Million |
+6.98% |
| 2001-12-31 | CN¥41.47 Million ≈ $6.07 Million |
-79.27% |
| 2000-12-31 | CN¥200.00 Million ≈ $29.27 Million |
-10.64% |
| 1999-12-31 | CN¥223.82 Million ≈ $32.75 Million |
+3.51% |
| 1998-12-31 | CN¥216.22 Million ≈ $31.64 Million |
-10.49% |
| 1997-12-31 | CN¥241.55 Million ≈ $35.35 Million |
+0.23% |
| 1996-12-31 | CN¥241.00 Million ≈ $35.27 Million |
+140.52% |
| 1995-12-31 | CN¥100.20 Million ≈ $14.66 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 392860666962.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.93 Billion | 92.79% |
| Other Components | CN¥305.41 Million | 7.21% |
| Total Equity | CN¥4.23 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 |
|---|---|
|
SES S. A.
PA:SESG
|
$2.27 Billion |
|
Fibocom Wireless Inc
SHE:300638
|
$2.27 Billion |
|
LEROY SEAFOOD GR.UNSP.ADR
F:Z1L0
|
$2.27 Billion |
|
Sociedad Punta del Cobre S.A
SN:PUCOBRE
|
$2.27 Billion |
|
Jiangsu Broadcasting Cable inf
SHG:600959
|
$2.27 Billion |
|
Netmarble Games Corp
KO:251270
|
$2.27 Billion |
|
PT Golden Energy Mines Tbk
JK:GEMS
|
$2.27 Billion |
|
Browave
TWO:3163
|
$2.27 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 2024 to 2025, total equity changed from 4,027,798,200 to 4,234,021,339, a change of 206,223,139 (5.1%).
- Net income of 501,945,804 contributed positively to equity growth.
- Dividend payments of 208,885,234 reduced retained earnings.
- Other comprehensive income increased equity by 67,506,681.
- Other factors decreased equity by 154,344,112.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥501.95 Million | +11.86% |
| Dividends Paid | CN¥208.89 Million | -4.93% |
| Other Comprehensive Income | CN¥67.51 Million | +1.59% |
| Other Changes | CN¥-154.34 Million | -3.65% |
| Total Change | CN¥- | 5.12% |
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: 3.66x
- 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 79.31x to 3.66x 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¥34.66 | x |
| 1996-12-31 | CN¥1.05 | CN¥34.66 | x |
| 1997-12-31 | CN¥1.05 | CN¥34.66 | x |
| 1998-12-31 | CN¥0.92 | CN¥34.66 | x |
| 1999-12-31 | CN¥0.98 | CN¥34.66 | x |
| 2000-12-31 | CN¥0.87 | CN¥34.66 | x |
| 2001-12-31 | CN¥0.18 | CN¥34.66 | x |
| 2002-12-31 | CN¥0.13 | CN¥34.66 | x |
| 2003-12-31 | CN¥0.11 | CN¥34.66 | x |
| 2004-12-31 | CN¥0.08 | CN¥34.66 | x |
| 2005-12-31 | CN¥0.10 | CN¥34.66 | x |
| 2006-12-31 | CN¥0.48 | CN¥34.66 | x |
| 2007-12-31 | CN¥0.54 | CN¥34.66 | x |
| 2008-12-31 | CN¥0.60 | CN¥34.66 | x |
| 2009-12-31 | CN¥0.65 | CN¥34.66 | x |
| 2010-12-31 | CN¥0.81 | CN¥34.66 | x |
| 2011-12-31 | CN¥1.03 | CN¥34.66 | x |
| 2012-12-31 | CN¥1.31 | CN¥34.66 | x |
| 2013-12-31 | CN¥1.63 | CN¥34.66 | x |
| 2014-12-31 | CN¥1.96 | CN¥34.66 | x |
| 2015-12-31 | CN¥2.14 | CN¥34.66 | x |
| 2016-12-31 | CN¥2.52 | CN¥34.66 | x |
| 2017-12-31 | CN¥3.12 | CN¥34.66 | x |
| 2018-12-31 | CN¥4.12 | CN¥34.66 | x |
| 2019-12-31 | CN¥5.57 | CN¥34.66 | x |
| 2020-12-31 | CN¥6.71 | CN¥34.66 | x |
| 2021-12-31 | CN¥8.98 | CN¥34.66 | x |
| 2022-12-31 | CN¥10.34 | CN¥34.66 | x |
| 2023-12-31 | CN¥11.91 | CN¥34.66 | x |
| 2024-12-31 | CN¥9.00 | CN¥34.66 | x |
| 2025-12-31 | CN¥9.47 | CN¥34.66 | 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): 11.86%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.23%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.43x
- Recent ROE (11.86%) is above the historical average (-2.40%), 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 |
| 2025 | 11.86% | 17.23% | 0.48x | 1.43x | CN¥78.54 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: $1,562,362,487
- Average return on equity (ROE) among peers: 11.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Top Choice Medical Investment Co Inc (600763) | CN¥4.79 Billion | 13.53% | 0.30x | $2.27 Billion |
| Xian International Medical Investment Co Ltd (000516) | $3.63 Billion | 5.36% | 0.61x | $1.37 Billion |
| Meinian Onehealth Healthcare Holdings Co Ltd (002044) | $145.15 Million | 13.83% | 0.66x | $3.21 Billion |
| Hengkang Medical Group Co Ltd (002219) | $72.09 Million | 19.04% | 1.12x | $956.66 Million |
| Aier Eye Hospital Group (300015) | $1.57 Billion | 11.64% | 0.23x | $11.29 Billion |
| Liaoning He Eye Hospital Group Co. LTD. (301103) | $2.07 Billion | 3.07% | 0.20x | $362.59 Million |
| Chengdu Bright Eye Hospital Co. Ltd. (301239) | $2.32 Billion | 11.56% | 1.08x | $714.84 Million |
| Huaxia Eye Hospital Group Co. Ltd. A (301267) | $1.45 Billion | 23.04% | 0.90x | $1.99 Billion |
| Sanbo Hospital Management Group Ltd. A (301293) | $1.24 Billion | 6.18% | 0.44x | $1.63 Billion |
About Top Choice Medical Investment Co Inc
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