Ningbo Tianyi Medical Appliance Co. Ltd.
Ningbo Tianyi Medical Appliance Co., Ltd. engages in the research and development, production, and sale of medical polymer consumables and other medical devices to blood purification and ward nursing fields in China and internationally. It offers hemodialysis tubing, artis piping kits, displacement and replacement fluid tubing, puncture device, dialyzer, hemodialysis concentrate and dry powder, a… Read more
Ningbo Tianyi Medical Appliance Co. Ltd. (301097) - Total Assets
Latest total assets as of June 2025: CN¥1.89 Billion CNY
Based on the latest financial reports, Ningbo Tianyi Medical Appliance Co. Ltd. (301097) holds total assets worth CN¥1.89 Billion CNY as of June 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.
Ningbo Tianyi Medical Appliance Co. Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Ningbo Tianyi Medical Appliance Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ningbo Tianyi Medical Appliance Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Tianyi Medical Appliance Co. Ltd.'s total assets of CN¥1.89 Billion consist of 51.4% current assets and 48.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 22.7% |
| Accounts Receivable | CN¥50.11 Million | 2.8% |
| Inventory | CN¥86.80 Million | 4.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥101.57 Million | 5.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Ningbo Tianyi Medical Appliance 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: Ningbo Tianyi Medical Appliance Co. Ltd.'s current assets represent 51.4% of total assets in 2024, an increase from 42.9% in 2019.
- Cash Position: Cash and equivalents constituted 22.7% of total assets in 2024, up from 22.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 12.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 5.7% of total assets.
Ningbo Tianyi Medical Appliance Co. Ltd. Competitors by Total Assets
Key competitors of Ningbo Tianyi Medical Appliance Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Centergate Technologies Holding Co Ltd
SHE:000931
|
China | CN¥3.82 Billion |
|
Blue Sail Medical Co Ltd
SHE:002382
|
China | CN¥16.46 Billion |
|
Andon Health Co Ltd
SHE:002432
|
China | CN¥28.98 Billion |
|
Allmed Medical Products Co Ltd Class A
SHE:002950
|
China | CN¥5.35 Billion |
|
Inix Technologies Holdings Bhd
KLSE:0094
|
Malaysia | RM72.53 Million |
|
Focus Point Holdings Bhd
KLSE:0157
|
Malaysia | RM328.19 Million |
|
Careplus Group Bhd
KLSE:0163
|
Malaysia | RM286.61 Million |
|
LKL International Bhd
KLSE:0182
|
Malaysia | RM173.46 Million |
Ningbo Tianyi Medical Appliance 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
Lower asset utilization - Ningbo Tianyi Medical Appliance Co. Ltd. generates 0.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ningbo Tianyi Medical Appliance Co. Ltd. is currently not profitable relative to its asset base.
Ningbo Tianyi Medical Appliance 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 | 2.34 | 3.81 | 3.27 |
| Quick Ratio | 2.13 | 3.50 | 3.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥540.60 Million | CN¥ 747.24 Million | CN¥ 802.16 Million |
Ningbo Tianyi Medical Appliance Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Ningbo Tianyi Medical Appliance 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 | 2.76 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 1.3% |
| Total Assets | CN¥1.79 Billion |
| Market Capitalization | $137.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Tianyi Medical Appliance Co. Ltd.'s assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ningbo Tianyi Medical Appliance Co. Ltd.'s assets grew by 1.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ningbo Tianyi Medical Appliance Co. Ltd. (2019–2024)
The table below shows the annual total assets of Ningbo Tianyi Medical Appliance Co. Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.79 Billion | +1.32% |
| 2023-12-31 | CN¥1.77 Billion | +8.87% |
| 2022-12-31 | CN¥1.63 Billion | +101.55% |
| 2021-12-31 | CN¥807.28 Million | +19.97% |
| 2020-12-31 | CN¥672.90 Million | +38.57% |
| 2019-12-31 | CN¥485.60 Million | -- |