Raffles Medical Group Ltd
Raffles Medical Group Ltd provides integrated private healthcare services primarily in Singapore, Greater China, Vietnam, Cambodia, and Japan. The company operates through four segments: Healthcare Services, Hospital Services, Investment Holdings, and Insurance Services. Its Raffles Hospital, a tertiary care hospital that offers 24-hour acute and critical care, family medicine services, health sc… Read more
Raffles Medical Group Ltd (02M1) - Total Assets
Latest total assets as of June 2025: €1.49 Billion EUR
Based on the latest financial reports, Raffles Medical Group Ltd (02M1) holds total assets worth €1.49 Billion EUR as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Raffles Medical Group Ltd - Total Assets Trend (2021–2024)
This chart illustrates how Raffles Medical Group Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Raffles Medical Group Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Raffles Medical Group Ltd's total assets of €1.49 Billion consist of 33.7% current assets and 66.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 22.5% |
| Accounts Receivable | €101.59 Million | 6.6% |
| Inventory | €10.76 Million | 0.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €7.27 Million | 0.5% |
| Goodwill | €8.21 Million | 0.5% |
Asset Composition Trend (2021–2024)
This chart illustrates how Raffles Medical Group Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Raffles Medical Group Ltd's current assets represent 33.7% of total assets in 2024, an increase from 28.4% in 2021.
- Cash Position: Cash and equivalents constituted 22.5% of total assets in 2024, up from 17.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 6.6% of total assets.
Raffles Medical Group Ltd Competitors by Total Assets
Key competitors of Raffles Medical Group Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xian International Medical Investment Co Ltd
SHE:000516
|
China | CN¥9.79 Billion |
|
Meinian Onehealth Healthcare Holdings Co Ltd
SHE:002044
|
China | CN¥19.57 Billion |
|
Hengkang Medical Group Co Ltd
SHE:002219
|
China | CN¥6.55 Billion |
|
TMC Life Sciences Bhd
KLSE:0101
|
Malaysia | RM1.12 Billion |
|
Optimax Holdings Sdn Bhd
KLSE:0222
|
Malaysia | RM146.00 Million |
|
Cengild Medical Berhad
KLSE:0243
|
Malaysia | RM218.07 Million |
|
DC HEALTHCARE HOLDINGS BERHAD
KLSE:0283
|
Malaysia | RM99.33 Million |
|
ALPHA
KLSE:0303
|
Malaysia | RM260.64 Million |
Raffles Medical Group Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Raffles Medical Group Ltd generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Raffles Medical Group Ltd generates $ 4.07 in net profit.
Raffles Medical Group Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.19 | 1.20 | 1.20 |
| Quick Ratio | 1.17 | 1.17 | 1.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €81.35 Million | € 78.89 Million | € 78.89 Million |
Raffles Medical Group Ltd - Advanced Valuation Insights
This section examines the relationship between Raffles Medical Group Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.36 |
| Asset Growth Rate (YoY) | 0.2% |
| Total Assets | €1.53 Billion |
| Market Capitalization | $548.22 Million USD |
Valuation Analysis
Below Book Valuation: The market values Raffles Medical Group Ltd's assets below their book value (0.36 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Raffles Medical Group Ltd's assets grew by 0.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Raffles Medical Group Ltd (2021–2024)
The table below shows the annual total assets of Raffles Medical Group Ltd from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €1.53 Billion | +0.17% |
| 2023-12-31 | €1.53 Billion | -0.23% |
| 2022-12-31 | €1.53 Billion | -0.87% |
| 2021-12-31 | €1.55 Billion | -- |