ETAO International Co., Ltd.
ETAO International Co., Ltd., a digital healthcare company, provides medical care services. It develops healthcare ecosystem that consist online telemedicine, artificial intelligence, big data evaluation, online insurance, pharmacy, biotech, offline hospitals, and specialty clinics services. The company was incorporated in 2020 and is based in New York, New York.
ETAO International Co., Ltd. (ETAOF) - Total Assets
Latest total assets as of June 2023: $4.43 Million USD
Based on the latest financial reports, ETAO International Co., Ltd. (ETAOF) holds total assets worth $4.43 Million 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.
ETAO International Co., Ltd. - Total Assets Trend (2021–2023)
This chart illustrates how ETAO International Co., Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ETAO International Co., Ltd. - Asset Composition Analysis
Current Asset Composition (December 2023)
ETAO International Co., Ltd.'s total assets of $4.43 Million consist of 49.9% current assets and 50.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.9% |
| Accounts Receivable | $9.55 Million | 18.0% |
| Inventory | $2.30 Million | 4.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $607.88K | 1.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how ETAO International Co., 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: ETAO International Co., Ltd.'s current assets represent 49.9% of total assets in 2023, an increase from 11.9% in 2021.
- Cash Position: Cash and equivalents constituted 16.9% of total assets in 2023, up from 4.9% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 71.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 18.0% of total assets.
ETAO International Co., Ltd. Competitors by Total Assets
Key competitors of ETAO International Co., Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
ETAO International Co., 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
Strong asset utilization - ETAO International Co., Ltd. generates 1.10x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ETAO International Co., Ltd. is currently not profitable relative to its asset base.
ETAO International Co., 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 | 2.93 | 874.38 | 0.22 |
| Quick Ratio | 2.84 | 874.38 | 0.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.30 Million | $ 54.33 Million | $ -1.51 Million |
ETAO International Co., Ltd. - Advanced Valuation Insights
This section examines the relationship between ETAO International Co., 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $52.99 Million |
| Market Capitalization | $511.79 USD |
Valuation Analysis
Below Book Valuation: The market values ETAO International Co., Ltd.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: ETAO International Co., Ltd.'s assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for ETAO International Co., Ltd. (2021–2023)
The table below shows the annual total assets of ETAO International Co., Ltd. from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $52.99 Million | 0.00% |
| 2022-12-31 | $52.99 Million | -76.21% |
| 2021-12-31 | $222.72 Million | -- |