MedFirst Healthcare Services lnc
MedFirst Healthcare Services, Inc. engages in the sale of medical supplies in Taiwan and China. It offers diabetes care products; respiratory treatment; incontinence and wound dressing; medical devices; ostomy care; pain relief products; supplements; rehabilitation products; and homecare, childcare, and maternal products. The company also offers healthcare products consist of beauty care, makeup,… Read more
MedFirst Healthcare Services lnc (4175) - Net Assets
Latest net assets as of September 2025: NT$1.50 Billion TWD
Based on the latest financial reports, MedFirst Healthcare Services lnc (4175) has net assets worth NT$1.50 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$7.20 Billion) and total liabilities (NT$5.70 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 | NT$1.50 Billion |
| % of Total Assets | 20.81% |
| Annual Growth Rate | 7.6% |
| 5-Year Change | 33.85% |
| 10-Year Change | N/A |
| Growth Volatility | 4.6 |
MedFirst Healthcare Services lnc - Net Assets Trend (2017–2024)
This chart illustrates how MedFirst Healthcare Services lnc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MedFirst Healthcare Services lnc (2017–2024)
The table below shows the annual net assets of MedFirst Healthcare Services lnc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.46 Billion | +0.83% |
| 2023-12-31 | NT$1.45 Billion | +6.08% |
| 2022-12-31 | NT$1.37 Billion | +16.18% |
| 2021-12-31 | NT$1.18 Billion | +7.71% |
| 2020-12-31 | NT$1.09 Billion | +10.98% |
| 2019-12-31 | NT$985.64 Million | +8.25% |
| 2018-12-31 | NT$910.56 Million | +3.82% |
| 2017-12-31 | NT$877.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MedFirst Healthcare Services lnc'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 30.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$142.80 Million | 9.79% |
| Other Components | NT$1.32 Billion | 90.21% |
| Total Equity | NT$1.46 Billion | 100.00% |
MedFirst Healthcare Services lnc Competitors by Market Cap
The table below lists competitors of MedFirst Healthcare Services lnc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BMS Celik Hasir Sanayi ve Ticaret AS
IS:BMSCH
|
$32.55 Million |
|
TAT HONG EQ.SRV. DL-08
F:1Q2
|
$32.56 Million |
|
Surge Battery Metals Inc
PINK:NILIF
|
$32.56 Million |
|
Tae Kyung Ind
KO:015890
|
$32.57 Million |
|
Seoul Food
KO:004410
|
$32.54 Million |
|
Sat Industries Limited
NSE:SATINDLTD
|
$32.53 Million |
|
Holland Colours NV
AS:HOLCO
|
$32.53 Million |
|
Winsome Resources Limited
OTCQB:WRSLF
|
$32.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MedFirst Healthcare Services lnc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,447,292,000 to 1,459,107,000, a change of 11,815,000 (0.8%).
- Net income of 69,815,000 contributed positively to equity growth.
- Dividend payments of 67,597,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$69.81 Million | +4.78% |
| Dividends Paid | NT$67.60 Million | -4.63% |
| Other Changes | NT$9.60 Million | +0.66% |
| Total Change | NT$- | 0.82% |
Book Value vs Market Value Analysis
This analysis compares MedFirst Healthcare Services lnc'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: 1.50x
- 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 1.95x to 1.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$26.68 | NT$51.90 | x |
| 2018-12-31 | NT$27.70 | NT$51.90 | x |
| 2019-12-31 | NT$29.94 | NT$51.90 | x |
| 2020-12-31 | NT$26.15 | NT$51.90 | x |
| 2021-12-31 | NT$27.77 | NT$51.90 | x |
| 2022-12-31 | NT$32.17 | NT$51.90 | x |
| 2023-12-31 | NT$34.18 | NT$51.90 | x |
| 2024-12-31 | NT$34.50 | NT$51.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MedFirst Healthcare Services lnc 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): 4.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.90%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 4.88x
- Recent ROE (4.78%) is below the historical average (9.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 10.52% | 2.10% | 1.49x | 3.37x | NT$4.45 Million |
| 2018 | 12.61% | 2.44% | 1.48x | 3.49x | NT$23.35 Million |
| 2019 | 14.43% | 2.66% | 1.14x | 4.78x | NT$43.27 Million |
| 2020 | 10.25% | 1.85% | 1.08x | 5.11x | NT$2.68 Million |
| 2021 | 5.78% | 1.04% | 0.96x | 5.80x | NT$-49.51 Million |
| 2022 | 12.52% | 2.37% | 0.96x | 5.54x | NT$34.39 Million |
| 2023 | 3.23% | 0.63% | 0.98x | 5.27x | NT$-97.93 Million |
| 2024 | 4.78% | 0.90% | 1.09x | 4.88x | NT$-76.10 Million |
Industry Comparison
This section compares MedFirst Healthcare Services lnc's net assets metrics with peer companies in the Pharmaceutical Retailers industry.
Industry Context
- Industry: Pharmaceutical Retailers
- Average net assets among peers: $486,618,333
- Average return on equity (ROE) among peers: 14.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MedFirst Healthcare Services lnc (4175) | NT$1.50 Billion | 10.52% | 3.81x | $32.54 Million |
| Arich Enterprise Co Ltd (4173) | $1.21 Billion | 4.16% | 2.90x | $27.84 Million |
| Great Tree Pharmacy Co Ltd (6469) | $185.19 Million | 18.25% | 0.64x | $209.14 Million |
| MARX Biotech Co., Ltd. (7731) | $65.61 Million | 21.00% | 0.39x | $50.74 Million |