Nanjing Vishee Medical Technology Co Ltd

SHG:688580 China Medical Devices
Market Cap
$814.62 Million
CN¥5.98 Billion CNY
Market Cap Rank
#12958 Global
#3274 in China
Share Price
CN¥62.41
Change (1 day)
-0.68%
52-Week Range
CN¥33.54 - CN¥69.70
All Time High
CN¥207.27
About

Nanjing Vishee Medical Technology Co., Ltd provides rehabilitation meditation products and solutions in China and internationally. The company offers MagNeuro, a transcranial magnetic stimulation (TMS) for use in anxiety disorders, movement disorders, and ADHD applications; MagNeuro ONE, a TMS therapy system with navigation for use in anxiety disorders applications; and MagBelle, a pelvic floor m… Read more

Nanjing Vishee Medical Technology Co Ltd (688580) - Net Assets

Latest net assets as of September 2025: CN¥1.66 Billion CNY

Based on the latest financial reports, Nanjing Vishee Medical Technology Co Ltd (688580) has net assets worth CN¥1.66 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¥1.82 Billion) and total liabilities (CN¥165.15 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¥1.66 Billion
% of Total Assets 90.94%
Annual Growth Rate 40.44%
5-Year Change 15.34%
10-Year Change 1431.72%
Growth Volatility 125.38

Nanjing Vishee Medical Technology Co Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Nanjing Vishee Medical Technology 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 Nanjing Vishee Medical Technology Co Ltd (2013–2024)

The table below shows the annual net assets of Nanjing Vishee Medical Technology Co Ltd from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.63 Billion +0.04%
2023-12-31 CN¥1.63 Billion +6.42%
2022-12-31 CN¥1.53 Billion -0.29%
2021-12-31 CN¥1.53 Billion +8.65%
2020-12-31 CN¥1.41 Billion +453.62%
2019-12-31 CN¥254.86 Million +29.93%
2018-12-31 CN¥196.16 Million +27.85%
2017-12-31 CN¥153.42 Million +29.81%
2016-12-31 CN¥118.20 Million +11.24%
2015-12-31 CN¥106.25 Million +72.37%
2014-12-31 CN¥61.64 Million +58.85%
2013-12-31 CN¥38.81 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nanjing Vishee Medical Technology 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 1200.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥427.90 Million 26.29%
Common Stock CN¥95.77 Million 5.88%
Other Comprehensive Income CN¥47.02 Million 2.89%
Other Components CN¥1.06 Billion 64.93%
Total Equity CN¥1.63 Billion 100.00%

Nanjing Vishee Medical Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Nanjing Vishee Medical Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nanjing Vishee Medical Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,626,755,218 to 1,627,462,889, a change of 707,671 (0.0%).
  • Net income of 101,969,230 contributed positively to equity growth.
  • Dividend payments of 102,196,467 reduced retained earnings.
  • Share repurchases of 13,639,903 reduced equity.
  • Other comprehensive income decreased equity by 8,246,687.
  • Other factors increased equity by 22,821,498.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥101.97 Million +6.27%
Dividends Paid CN¥102.20 Million -6.28%
Share Repurchases CN¥13.64 Million -0.84%
Other Comprehensive Income CN¥-8.25 Million -0.51%
Other Changes CN¥22.82 Million +1.4%
Total Change CN¥- 0.04%

Book Value vs Market Value Analysis

This analysis compares Nanjing Vishee Medical Technology 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: 3.67x
  • 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 80.95x to 3.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 CN¥0.77 CN¥62.41 x
2014-12-31 CN¥1.23 CN¥62.41 x
2015-12-31 CN¥2.12 CN¥62.41 x
2016-12-31 CN¥2.36 CN¥62.41 x
2017-12-31 CN¥2.03 CN¥62.41 x
2018-12-31 CN¥2.62 CN¥62.41 x
2019-12-31 CN¥3.47 CN¥62.41 x
2020-12-31 CN¥17.20 CN¥62.41 x
2021-12-31 CN¥15.98 CN¥62.41 x
2022-12-31 CN¥15.98 CN¥62.41 x
2023-12-31 CN¥17.00 CN¥62.41 x
2024-12-31 CN¥17.02 CN¥62.41 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nanjing Vishee Medical Technology 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): 6.27%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 25.49%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 1.12x
  • Recent ROE (6.27%) is below the historical average (21.91%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 36.72% 28.64% 0.68x 1.88x CN¥10.18 Million
2014 35.71% 37.40% 0.72x 1.34x CN¥15.66 Million
2015 26.47% 34.94% 0.64x 1.19x CN¥17.50 Million
2016 19.58% 24.14% 0.57x 1.44x CN¥11.33 Million
2017 28.00% 27.92% 0.59x 1.71x CN¥25.93 Million
2018 33.81% 30.50% 0.67x 1.65x CN¥44.62 Million
2019 40.01% 31.27% 0.79x 1.62x CN¥74.79 Million
2020 10.22% 37.97% 0.25x 1.10x CN¥3.06 Million
2021 11.60% 41.35% 0.26x 1.07x CN¥24.51 Million
2022 6.14% 29.17% 0.19x 1.10x CN¥-59.03 Million
2023 8.38% 29.48% 0.26x 1.11x CN¥-26.42 Million
2024 6.27% 25.49% 0.22x 1.12x CN¥-60.78 Million

Industry Comparison

This section compares Nanjing Vishee Medical Technology Co Ltd's net assets metrics with peer companies in the Medical Devices industry.

Industry Context

  • Industry: Medical Devices
  • Average net assets among peers: $1,879,733,462
  • Average return on equity (ROE) among peers: 24.67%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nanjing Vishee Medical Technology Co Ltd (688580) CN¥1.66 Billion 36.72% 0.10x $293.70 Million
Shanghai Kehua Bio-Engineering Co Ltd (002022) $792.82 Million 25.77% 0.17x $318.98 Million
Jiangsu Yuyue Medical Equipment & Supply Co Ltd (002223) $482.51 Million 20.84% 0.32x $2.79 Billion
Double Medical Technology Inc (002901) $224.61 Million 43.10% 0.32x $404.40 Million
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A (002932) $1.42 Million 98.49% 2.27x $281.14 Million
Lepu Medical Tech Beijing (300003) $12.27 Billion 14.01% 0.69x $2.71 Billion
INKON Life Technology Co Ltd (300143) $1.81 Billion -20.17% 0.37x $637.77 Million
Edan Instruments Inc (300206) $1.26 Billion 7.37% 0.15x $501.55 Million
Guangdong Biolight Meditech Co Ltd (300246) $504.27 Million 13.31% 0.36x $360.97 Million
Beijing Leadman Biochemistry Co Ltd (300289) $1.44 Billion 2.82% 0.20x $267.10 Million
Sinocare Inc (300298) $17.42 Million 41.15% 0.68x $952.60 Million