Bimi International Medical Inc
BIMI Holdings Inc., together with its subsidiaries, engages in the retail and wholesale distribution of medical devices, and pharmaceutical and other healthcare products in the People's Republic of China. The company operates in four segments: Wholesale Pharmaceuticals, Wholesale Medical Devices, Medical Services, and Retail Pharmacies. It distributes Stryker spinal products, Olympus endoscopes, … Read more
Bimi International Medical Inc (BIMI) - Total Assets
Latest total assets as of September 2023: $36.66 Million USD
Based on the latest financial reports, Bimi International Medical Inc (BIMI) holds total assets worth $36.66 Million USD as of September 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.
Bimi International Medical Inc - Total Assets Trend (2002–2022)
This chart illustrates how Bimi International Medical Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bimi International Medical Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Bimi International Medical Inc's total assets of $36.66 Million consist of 65.1% current assets and 34.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.5% |
| Accounts Receivable | $4.18 Million | 11.7% |
| Inventory | $7.65 Million | 21.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $16.18K | 0.1% |
| Goodwill | $2.07 Million | 5.8% |
Asset Composition Trend (2002–2022)
This chart illustrates how Bimi International Medical Inc'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: Bimi International Medical Inc's current assets represent 65.1% of total assets in 2022, a decrease from 100.0% in 2002.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2022, down from 55.8% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 21.4% of total assets.
Bimi International Medical Inc Competitors by Total Assets
Key competitors of Bimi International Medical Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cachet Pharmaceutical Co Ltd
SHE:002462
|
China | CN¥12.68 Billion |
|
Yunnan Hongxiang Yixintang
SHE:002727
|
China | CN¥15.84 Billion |
|
Luyan Pharma Co Ltd
SHE:002788
|
China | CN¥13.04 Billion |
|
Ji Yao Holding Group Co Ltd
SHE:300108
|
China | CN¥1.43 Billion |
|
Sichuan Hezong Medicine Easy-to-buy Pharmaceutical Co. Ltd.
SHE:300937
|
China | CN¥1.75 Billion |
|
ShuYu Civilian Pharmacy Corp. Ltd.
SHE:301017
|
China | CN¥9.84 Billion |
|
Hunan Dajiaweikang Pharmaceutical Industry Co.Ltd
SHE:301126
|
China | CN¥6.56 Billion |
|
Anhui Huaren Health Pharmaceutical Co. Ltd. Cl A
SHE:301408
|
China | CN¥5.26 Billion |
Bimi International Medical Inc - 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 - Bimi International Medical Inc generates 0.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bimi International Medical Inc is currently not profitable relative to its asset base.
Bimi International Medical Inc - 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 | 1.34 | 0.92 | 0.20 |
| Quick Ratio | 0.97 | 0.85 | 0.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.60 Million | $ -1.52 Million | $ -10.46 Million |
Bimi International Medical Inc - Advanced Valuation Insights
This section examines the relationship between Bimi International Medical Inc'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 | 0.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -6.3% |
| Total Assets | $35.71 Million |
| Market Capitalization | $296.83 USD |
Valuation Analysis
Below Book Valuation: The market values Bimi International Medical Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Bimi International Medical Inc's assets decreased by 6.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Bimi International Medical Inc (2002–2022)
The table below shows the annual total assets of Bimi International Medical Inc from 2002 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $35.71 Million | -6.33% |
| 2021-12-31 | $38.13 Million | +14.84% |
| 2020-12-31 | $33.20 Million | +44.04% |
| 2019-12-31 | $23.05 Million | 0.00% |
| 2018-12-31 | $23.05 Million | -44.37% |
| 2017-12-31 | $41.43 Million | +11.02% |
| 2016-12-31 | $37.32 Million | -15.86% |
| 2015-12-31 | $44.35 Million | -8.18% |
| 2014-12-31 | $48.30 Million | +13.19% |
| 2013-12-31 | $42.68 Million | -0.36% |
| 2012-12-31 | $42.83 Million | -2.25% |
| 2011-12-31 | $43.82 Million | +28.75% |
| 2010-12-31 | $34.03 Million | +30.54% |
| 2009-12-31 | $26.07 Million | +44.43% |
| 2008-12-31 | $18.05 Million | +66.05% |
| 2007-12-31 | $10.87 Million | +67.78% |
| 2006-12-31 | $6.48 Million | +251044.77% |
| 2005-12-31 | $2.58K | -98.06% |
| 2004-12-31 | $132.67K | +120.68% |
| 2003-12-31 | $60.12K | +2192.91% |
| 2002-12-31 | $2.62K | -- |