Fresh2 Group Ltd
Fresh2 Group Limited, a biotechnology company, researches, develops, markets, and sells multi-cancer screening and detection tests using cancer differentiation analysis technology and device to corporations and life insurance companies in the People's Republic of China. It also offers physical checkup packages, as well as technology services comprising market research, designing, coding, developi… Read more
Fresh2 Group Ltd (FRES) - Total Assets
Latest total assets as of June 2023: $1.29 Billion USD
Based on the latest financial reports, Fresh2 Group Ltd (FRES) holds total assets worth $1.29 Billion USD as of June 2023.
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.
Fresh2 Group Ltd - Total Assets Trend (2019–2022)
This chart illustrates how Fresh2 Group Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fresh2 Group Ltd - Asset Composition Analysis
Current Asset Composition (December 2022)
Fresh2 Group Ltd's total assets of $1.29 Billion consist of 33.9% current assets and 66.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.6% |
| Accounts Receivable | $5.54 Million | 13.7% |
| Inventory | $210.00K | 0.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.30 Million | 3.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2022)
This chart illustrates how Fresh2 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: Fresh2 Group Ltd's current assets represent 33.9% of total assets in 2022, a decrease from 41.9% in 2019.
- Cash Position: Cash and equivalents constituted 4.6% of total assets in 2022, down from 11.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 88.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 13.7% of total assets.
Fresh2 Group Ltd Competitors by Total Assets
Key competitors of Fresh2 Group Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ADCNF
OTCGREY:ADCNF
|
USA | $4.51 Billion |
|
Berry Genomics Co Ltd
SHE:000710
|
China | CN¥2.34 Billion |
|
Malaysian Genomics Resource
KLSE:0155
|
Malaysia | RM20.70 Million |
|
NSN Co. Ltd
KQ:031860
|
Korea | ₩60.96 Billion |
|
JOONGANG DNM Co.Ltd
KQ:051980
|
Korea | ₩121.79 Billion |
|
GeneMatrix Inc
KQ:109820
|
Korea | ₩28.03 Billion |
|
Genoray Co. Ltd
KQ:122310
|
Korea | ₩125.67 Billion |
|
Green Cross Lab Cell Corporation
KQ:144510
|
Korea | ₩565.79 Billion |
Fresh2 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
Lower asset utilization - Fresh2 Group Ltd generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Fresh2 Group Ltd is currently not profitable relative to its asset base.
Fresh2 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 | 0.46 | 0.85 | 0.85 |
| Quick Ratio | 0.45 | 0.84 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-235.26 Million | $ -5.39 Million | $ -5.39 Million |
Fresh2 Group Ltd - Advanced Valuation Insights
This section examines the relationship between Fresh2 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 | 0.16 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -40.0% |
| Total Assets | $40.47 Million |
| Market Capitalization | $2.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fresh2 Group Ltd's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Fresh2 Group Ltd's assets decreased by 40.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Fresh2 Group Ltd (2019–2022)
The table below shows the annual total assets of Fresh2 Group Ltd from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $40.47 Million | -39.97% |
| 2021-12-31 | $67.41 Million | +35.42% |
| 2020-12-31 | $49.78 Million | -5.03% |
| 2019-12-31 | $52.42 Million | -- |