Hengkang Medical Group Co Ltd
New Journey Health Technology Group Co.,LTD, together with its subsidiaries, provides medical services and pharmaceuticals products in China and internationally. The company operates regional medical centers to treat aging diseases, such as tumors, cardiovascular, cerebrovascular, and orthopedics. It is also involved in the research, development, production, and sale of medicines comprising Duyiw… Read more
Hengkang Medical Group Co Ltd (002219) - Total Assets
Latest total assets as of September 2025: CN¥6.55 Billion CNY
Based on the latest financial reports, Hengkang Medical Group Co Ltd (002219) holds total assets worth CN¥6.55 Billion CNY as of September 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.
Hengkang Medical Group Co Ltd - Total Assets Trend (2004–2024)
This chart illustrates how Hengkang Medical Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hengkang Medical Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hengkang Medical Group Co Ltd's total assets of CN¥6.55 Billion consist of 30.3% current assets and 69.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.1% |
| Accounts Receivable | CN¥1.31 Billion | 19.7% |
| Inventory | CN¥202.35 Million | 3.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥405.91 Million | 6.1% |
| Goodwill | CN¥1.11 Billion | 16.7% |
Asset Composition Trend (2004–2024)
This chart illustrates how Hengkang Medical Group 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: Hengkang Medical Group Co Ltd's current assets represent 30.3% of total assets in 2024, a decrease from 72.7% in 2004.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2024, up from 3.9% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 19.7% of total assets.
Hengkang Medical Group Co Ltd Competitors by Total Assets
Key competitors of Hengkang Medical Group Co 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 |
|
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 |
|
Raffles Medical Group Ltd
F:02M1
|
Germany | €1.49 Billion |
|
ALPHA
KLSE:0303
|
Malaysia | RM260.64 Million |
Hengkang Medical Group 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
Moderate asset utilization - Hengkang Medical Group Co Ltd generates 0.57x 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, Hengkang Medical Group Co Ltd generates $ 1.72 in net profit.
Hengkang Medical Group 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 | 0.56 | 0.64 | 0.29 |
| Quick Ratio | 0.50 | 0.57 | 0.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-1.48 Billion | CN¥ -1.13 Billion | CN¥ -2.89 Billion |
Hengkang Medical Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hengkang Medical Group 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 | 4.30 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 9.8% |
| Total Assets | CN¥6.68 Billion |
| Market Capitalization | $692.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hengkang Medical Group Co Ltd's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hengkang Medical Group Co Ltd's assets grew by 9.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hengkang Medical Group Co Ltd (2004–2024)
The table below shows the annual total assets of Hengkang Medical Group Co Ltd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.68 Billion | +9.82% |
| 2023-12-31 | CN¥6.08 Billion | +7.76% |
| 2022-12-31 | CN¥5.64 Billion | -15.67% |
| 2021-12-31 | CN¥6.69 Billion | +38.78% |
| 2020-12-31 | CN¥4.82 Billion | -1.81% |
| 2019-12-31 | CN¥4.91 Billion | -43.94% |
| 2018-12-31 | CN¥8.76 Billion | -14.57% |
| 2017-12-31 | CN¥10.25 Billion | +71.32% |
| 2016-12-31 | CN¥5.98 Billion | +25.19% |
| 2015-12-31 | CN¥4.78 Billion | +152.74% |
| 2014-12-31 | CN¥1.89 Billion | +65.46% |
| 2013-12-31 | CN¥1.14 Billion | +31.53% |
| 2012-12-31 | CN¥869.10 Million | +44.66% |
| 2011-12-31 | CN¥600.80 Million | +17.03% |
| 2010-12-31 | CN¥513.36 Million | +13.47% |
| 2009-12-31 | CN¥452.43 Million | +26.06% |
| 2008-12-31 | CN¥358.91 Million | +51.81% |
| 2007-12-31 | CN¥236.42 Million | +26.22% |
| 2006-12-31 | CN¥187.31 Million | +18.81% |
| 2005-12-31 | CN¥157.66 Million | +3.03% |
| 2004-12-31 | CN¥153.01 Million | -- |