China Meheco Co Ltd
China Meheco Group Co., Ltd. engages in the manufacture, marketing, and trade of pharmaceuticals and medical devices in China and internationally. The company is involved in the planting and sale of Chinese medicinal materials, as well as the provision of related technical and warehousing services. Its drug products cover therapeutic fields, such as anti-infection, cardiovascular, hormones and en… Read more
China Meheco Co Ltd (600056) - Total Assets
Latest total assets as of September 2025: CN¥36.99 Billion CNY
Based on the latest financial reports, China Meheco Co Ltd (600056) holds total assets worth CN¥36.99 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.
China Meheco Co Ltd - Total Assets Trend (1994–2024)
This chart illustrates how China Meheco Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Meheco Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
China Meheco Co Ltd's total assets of CN¥36.99 Billion consist of 74.7% current assets and 25.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.0% |
| Accounts Receivable | CN¥15.29 Billion | 43.4% |
| Inventory | CN¥5.73 Billion | 16.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.15 Billion | 3.3% |
| Goodwill | CN¥996.06 Million | 2.8% |
Asset Composition Trend (1994–2024)
This chart illustrates how China Meheco 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: China Meheco Co Ltd's current assets represent 74.7% of total assets in 2024, a decrease from 96.8% in 1994.
- Cash Position: Cash and equivalents constituted 12.0% of total assets in 2024, down from 12.7% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 43.4% of total assets.
China Meheco Co Ltd Competitors by Total Assets
Key competitors of China Meheco Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
C.Q. Pharmaceutical Holding Co Ltd
SHE:000950
|
China | CN¥67.71 Billion |
|
Shenzhen Glory Medical Co Ltd
SHE:002551
|
China | CN¥3.56 Billion |
|
Shandong Realcan Pharmaceutical Co Ltd
SHE:002589
|
China | CN¥15.33 Billion |
|
Hanmi Science
KO:008930
|
Korea | ₩1.45 Trillion |
|
BCM Alliance Bhd
KLSE:0187
|
Malaysia | RM147.86 Million |
|
Qingdao Baheal Medical INC.
SHE:301015
|
China | CN¥7.59 Billion |
|
Excelsior Medical Co Ltd
TW:4104
|
Taiwan | NT$18.80 Billion |
|
CHC Healthcare Group
TW:4164
|
Taiwan | NT$14.83 Billion |
China Meheco 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 - China Meheco Co Ltd generates 0.97x 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, China Meheco Co Ltd generates $ 1.52 in net profit.
China Meheco 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 | 1.43 | 1.45 | 1.46 |
| Quick Ratio | 1.11 | 1.11 | 1.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥8.40 Billion | CN¥ 8.97 Billion | CN¥ 7.93 Billion |
China Meheco Co Ltd - Advanced Valuation Insights
This section examines the relationship between China Meheco 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 | 1.33 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -5.7% |
| Total Assets | CN¥35.28 Billion |
| Market Capitalization | $1.02 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China Meheco Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: China Meheco Co Ltd's assets decreased by 5.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for China Meheco Co Ltd (1994–2024)
The table below shows the annual total assets of China Meheco Co Ltd from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥35.28 Billion | -5.69% |
| 2023-12-31 | CN¥37.41 Billion | +4.21% |
| 2022-12-31 | CN¥35.90 Billion | +15.39% |
| 2021-12-31 | CN¥31.11 Billion | -6.27% |
| 2020-12-31 | CN¥33.19 Billion | +11.26% |
| 2019-12-31 | CN¥29.83 Billion | +17.71% |
| 2018-12-31 | CN¥25.34 Billion | +19.63% |
| 2017-12-31 | CN¥21.19 Billion | +8.52% |
| 2016-12-31 | CN¥19.52 Billion | +20.82% |
| 2015-12-31 | CN¥16.16 Billion | +13.76% |
| 2014-12-31 | CN¥14.20 Billion | +11.05% |
| 2013-12-31 | CN¥12.79 Billion | +56.40% |
| 2012-12-31 | CN¥8.18 Billion | +32.65% |
| 2011-12-31 | CN¥6.16 Billion | +17.70% |
| 2010-12-31 | CN¥5.24 Billion | -4.17% |
| 2009-12-31 | CN¥5.47 Billion | +123.92% |
| 2008-12-31 | CN¥2.44 Billion | -10.36% |
| 2007-12-31 | CN¥2.72 Billion | +57.63% |
| 2006-12-31 | CN¥1.73 Billion | +3.20% |
| 2005-12-31 | CN¥1.67 Billion | +72.49% |
| 2004-12-31 | CN¥970.44 Million | +5.39% |
| 2003-12-31 | CN¥920.77 Million | -8.08% |
| 2002-12-31 | CN¥1.00 Billion | -16.89% |
| 2001-12-31 | CN¥1.21 Billion | +7.46% |
| 2000-12-31 | CN¥1.12 Billion | +23.62% |
| 1999-12-31 | CN¥907.27 Million | +17.51% |
| 1998-12-31 | CN¥772.11 Million | +2.25% |
| 1997-12-31 | CN¥755.14 Million | +101.75% |
| 1996-12-31 | CN¥374.30 Million | +23.72% |
| 1995-12-31 | CN¥302.54 Million | -2.70% |
| 1994-12-31 | CN¥310.93 Million | -- |