Qian Yuan Baixing Inc
Qian Yuan Baixing, Inc. focuses on the medical equipment diagnostic and biotech business. The company was formerly known as MDCorp. and changed its name to Qian Yuan Baixing, Inc. in May 2018. Qian Yuan Baixing, Inc. was founded in 2005 and is based in Seattle, Washington.
Qian Yuan Baixing Inc (QYBX) - Total Assets
Latest total assets as of March 2025: $2.68 Million USD
Based on the latest financial reports, Qian Yuan Baixing Inc (QYBX) holds total assets worth $2.68 Million USD as of March 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.
Qian Yuan Baixing Inc - Total Assets Trend (2007–2024)
This chart illustrates how Qian Yuan Baixing Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qian Yuan Baixing Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Qian Yuan Baixing Inc's total assets of $2.68 Million consist of 89.2% current assets and 10.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 44.9% |
| Accounts Receivable | $533.31K | 20.6% |
| Inventory | $278.45K | 10.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $986.00 | 0.0% |
| Goodwill | $78.91K | 3.1% |
Asset Composition Trend (2007–2024)
This chart illustrates how Qian Yuan Baixing 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: Qian Yuan Baixing Inc's current assets represent 89.2% of total assets in 2024, a decrease from 99.8% in 2007.
- Cash Position: Cash and equivalents constituted 44.9% of total assets in 2024, up from 0.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 20.6% of total assets.
Qian Yuan Baixing Inc Competitors by Total Assets
Key competitors of Qian Yuan Baixing Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lambo Group Bhd
KLSE:0018
|
Malaysia | RM182.69 Million |
|
Global Top E Commerce Co Ltd
SHE:002640
|
China | CN¥3.51 Billion |
|
Interpark Co. Ltd
KQ:035080
|
Korea | ₩1.70 Trillion |
|
Oasis Home Holding Berhad
KLSE:0357
|
Malaysia | RM84.51 Million |
|
YES24 Co.Ltd
KQ:053280
|
Korea | ₩503.32 Billion |
|
Hyundai Home Shopping Network Corp
KO:057050
|
Korea | ₩5.06 Trillion |
|
Mister International Enterprise Corp.
TWO:2941
|
Taiwan | NT$631.99 Million |
|
H.H.Galaxy Co., Ltd.
TWO:2949
|
Taiwan | NT$2.47 Billion |
Qian Yuan Baixing 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
Strong asset utilization - Qian Yuan Baixing Inc generates 1.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Qian Yuan Baixing Inc generates $ 11.62 in net profit.
Qian Yuan Baixing 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 | 1.71 | 1.45 | 0.68 |
| Quick Ratio | 1.57 | 1.10 | 0.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.02 Million | $ 673.61K | $ -1.39 Million |
Qian Yuan Baixing Inc - Advanced Valuation Insights
This section examines the relationship between Qian Yuan Baixing 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 59.6% |
| Total Assets | $2.59 Million |
| Market Capitalization | $87.53 USD |
Valuation Analysis
Below Book Valuation: The market values Qian Yuan Baixing Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Qian Yuan Baixing Inc's assets grew by 59.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Qian Yuan Baixing Inc (2007–2024)
The table below shows the annual total assets of Qian Yuan Baixing Inc from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.59 Million | +59.62% |
| 2023-12-31 | $1.62 Million | +532.30% |
| 2022-12-31 | $256.13K | -12.77% |
| 2021-12-31 | $293.62K | +117348.00% |
| 2020-12-31 | $250.00 | -97.32% |
| 2018-12-31 | $9.32K | -77.04% |
| 2017-12-31 | $40.58K | -98.65% |
| 2010-12-31 | $3.00 Million | +26.34% |
| 2009-12-31 | $2.37 Million | +9.44% |
| 2008-12-31 | $2.17 Million | -58.00% |
| 2007-12-31 | $5.17 Million | -- |