Zhejiang Chimin Pharm Co Ltd
Chimin Health Management Co., Ltd., together with its subsidiaries, researches, develops, produces, and sells vitro diagnostic products and provides medical services in China and internationally. The company provides non-PVC double-tube double-valve, single-tube single-valve, and single-tube double-valve soft bags; plastic bottles; and other packaging forms. It also offers medical instruments, in… Read more
Zhejiang Chimin Pharm Co Ltd (603222) - Net Assets
Latest net assets as of September 2025: CN¥1.49 Billion CNY
Based on the latest financial reports, Zhejiang Chimin Pharm Co Ltd (603222) has net assets worth CN¥1.49 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¥2.50 Billion) and total liabilities (CN¥1.01 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¥1.49 Billion |
| % of Total Assets | 59.62% |
| Annual Growth Rate | 11.45% |
| 5-Year Change | 49.88% |
| 10-Year Change | 108.81% |
| Growth Volatility | 20.5 |
Zhejiang Chimin Pharm Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Zhejiang Chimin Pharm 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 Zhejiang Chimin Pharm Co Ltd (2011–2024)
The table below shows the annual net assets of Zhejiang Chimin Pharm Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.57 Billion | -5.52% |
| 2023-12-31 | CN¥1.66 Billion | -6.46% |
| 2022-12-31 | CN¥1.77 Billion | +29.09% |
| 2021-12-31 | CN¥1.37 Billion | +31.38% |
| 2020-12-31 | CN¥1.05 Billion | -2.47% |
| 2019-12-31 | CN¥1.07 Billion | +2.50% |
| 2018-12-31 | CN¥1.05 Billion | +12.74% |
| 2017-12-31 | CN¥928.28 Million | +14.75% |
| 2016-12-31 | CN¥808.94 Million | +7.72% |
| 2015-12-31 | CN¥750.99 Million | +70.08% |
| 2014-12-31 | CN¥441.55 Million | -9.54% |
| 2013-12-31 | CN¥488.13 Million | +12.86% |
| 2012-12-31 | CN¥432.53 Million | +12.92% |
| 2011-12-31 | CN¥383.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Chimin Pharm 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 521.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥319.48 Million | 21.57% |
| Common Stock | CN¥525.09 Million | 35.46% |
| Other Comprehensive Income | CN¥36.74 Million | 2.48% |
| Other Components | CN¥599.52 Million | 40.49% |
| Total Equity | CN¥1.48 Billion | 100.00% |
Zhejiang Chimin Pharm Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Chimin Pharm Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Tengen Electrics Co Ltd
SHG:605066
|
$348.64 Million |
|
Douglas AG
XETRA:DOU
|
$348.66 Million |
|
Polynovo Ltd
AU:PNV
|
$348.89 Million |
|
Shanghai Yongli Belting Co Ltd
SHE:300230
|
$348.91 Million |
|
Agora Inc
NASDAQ:API
|
$348.52 Million |
|
Marcus Corporation
NYSE:MCS
|
$348.48 Million |
|
SK Networks Co Ltd
KO:001740
|
$348.44 Million |
|
OPUS GLOBAL Nyrt
BUD:OPUS
|
$348.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Chimin Pharm Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,576,049,228 to 1,480,824,869, a change of -95,224,359 (-6.0%).
- Net loss of 59,711,716 reduced equity.
- Dividend payments of 16,694,767 reduced retained earnings.
- Share repurchases of 31,893,867 reduced equity.
- Other comprehensive income decreased equity by 3,618,775.
- Other factors increased equity by 16,694,767.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-59.71 Million | -4.03% |
| Dividends Paid | CN¥16.69 Million | -1.13% |
| Share Repurchases | CN¥31.89 Million | -2.15% |
| Other Comprehensive Income | CN¥-3.62 Million | -0.24% |
| Other Changes | CN¥16.69 Million | +1.13% |
| Total Change | CN¥- | -6.04% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Chimin Pharm 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: 3.24x
- 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 7.68x to 3.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.15 | CN¥8.84 | x |
| 2012-12-31 | CN¥1.28 | CN¥8.84 | x |
| 2013-12-31 | CN¥1.46 | CN¥8.84 | x |
| 2014-12-31 | CN¥1.31 | CN¥8.84 | x |
| 2015-12-31 | CN¥1.69 | CN¥8.84 | x |
| 2016-12-31 | CN¥1.71 | CN¥8.84 | x |
| 2017-12-31 | CN¥1.82 | CN¥8.84 | x |
| 2018-12-31 | CN¥1.80 | CN¥8.84 | x |
| 2019-12-31 | CN¥1.95 | CN¥8.84 | x |
| 2020-12-31 | CN¥1.93 | CN¥8.84 | x |
| 2021-12-31 | CN¥3.70 | CN¥8.84 | x |
| 2022-12-31 | CN¥3.47 | CN¥8.84 | x |
| 2023-12-31 | CN¥2.89 | CN¥8.84 | x |
| 2024-12-31 | CN¥2.73 | CN¥8.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Chimin Pharm 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): -4.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.70%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.63x
- Recent ROE (-4.03%) is below the historical average (7.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 17.69% | 12.36% | 0.84x | 1.71x | CN¥29.47 Million |
| 2012 | 17.24% | 12.79% | 0.84x | 1.60x | CN¥31.31 Million |
| 2013 | 16.64% | 14.52% | 0.78x | 1.46x | CN¥32.43 Million |
| 2014 | 13.04% | 11.79% | 0.78x | 1.43x | CN¥13.43 Million |
| 2015 | 7.18% | 11.54% | 0.53x | 1.17x | CN¥-20.36 Million |
| 2016 | 5.44% | 9.08% | 0.49x | 1.23x | CN¥-34.23 Million |
| 2017 | 6.67% | 8.77% | 0.38x | 1.98x | CN¥-26.46 Million |
| 2018 | 3.96% | 4.59% | 0.33x | 2.62x | CN¥-48.91 Million |
| 2019 | 7.93% | 8.97% | 0.37x | 2.39x | CN¥-18.01 Million |
| 2020 | -0.80% | -0.79% | 0.38x | 2.65x | CN¥-93.40 Million |
| 2021 | 11.91% | 13.43% | 0.45x | 1.96x | CN¥23.68 Million |
| 2022 | 1.53% | 3.12% | 0.31x | 1.59x | CN¥-144.56 Million |
| 2023 | -4.15% | -7.32% | 0.36x | 1.57x | CN¥-223.09 Million |
| 2024 | -4.03% | -7.70% | 0.32x | 1.63x | CN¥-207.79 Million |
Industry Comparison
This section compares Zhejiang Chimin Pharm Co Ltd's net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $2,246,530,775
- Average return on equity (ROE) among peers: 12.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Chimin Pharm Co Ltd (603222) | CN¥1.49 Billion | 17.69% | 0.68x | $348.54 Million |
| Beijing Centergate Technologies Holding Co Ltd (000931) | $2.03 Billion | -9.26% | 2.64x | $356.80 Million |
| Blue Sail Medical Co Ltd (002382) | $10.54 Billion | 10.97% | 0.61x | $763.05 Million |
| Andon Health Co Ltd (002432) | $758.75 Million | 1.34% | 0.32x | $2.12 Billion |
| Allmed Medical Products Co Ltd Class A (002950) | $2.75 Billion | 15.67% | 0.82x | $346.13 Million |
| Guangzhou Improve Med Instrument (300030) | $592.55 Million | 4.90% | 0.10x | $234.74 Million |
| Shanghai Tofflon Science Tech (300171) | $2.41 Billion | 11.06% | 0.57x | $784.88 Million |
| Truking Technology Ltd (300358) | $320.32 Million | 29.77% | 1.35x | $545.42 Million |
| Jiangxi Sanxin Medtec Co Ltd (300453) | $1.41 Billion | 16.14% | 0.58x | $438.45 Million |
| Shenyang Xingqi Pharmaceutical Co Ltd (300573) | $1.55 Billion | 13.64% | 0.15x | $1.62 Billion |
| Autek China Inc (300595) | $105.24 Million | 28.59% | 0.10x | $1.21 Billion |