Zhejiang Medicine Co Ltd
Zhejiang Medicine Co., Ltd. manufactures and sells life nutrition and medical products in China and internationally. The company offers synthetic vitamin E, natural vitamin E, ß-carotene, cantharidin, vancomycin hydrochloride, and teicoplanin. It also provides fat-soluble vitamins, retinoids, quinolone antibiotics, anti-resistance antibiotics, and other products, as well as animal nutrition produ… Read more
Zhejiang Medicine Co Ltd (600216) - Total Assets
Latest total assets as of September 2025: CN¥14.14 Billion CNY
Based on the latest financial reports, Zhejiang Medicine Co Ltd (600216) holds total assets worth CN¥14.14 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.
Zhejiang Medicine Co Ltd - Total Assets Trend (1997–2024)
This chart illustrates how Zhejiang Medicine Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Medicine Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Medicine Co Ltd's total assets of CN¥14.14 Billion consist of 47.7% current assets and 52.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 14.3% |
| Accounts Receivable | CN¥2.03 Billion | 14.7% |
| Inventory | CN¥2.13 Billion | 15.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥684.40 Million | 5.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1997–2024)
This chart illustrates how Zhejiang Medicine 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: Zhejiang Medicine Co Ltd's current assets represent 47.7% of total assets in 2024, a decrease from 59.5% in 1997.
- Cash Position: Cash and equivalents constituted 14.3% of total assets in 2024, up from 4.1% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 1997.
- Asset Diversification: The largest asset category is inventory at 15.5% of total assets.
Zhejiang Medicine Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Medicine Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Swedish Orphan Biovitrum AB (publ)
PINK:BIOVF
|
USA | $67.26 Billion |
|
Kamada
NASDAQ:KMDA
|
USA | $378.79 Million |
|
One World Pharma Inc
OTCQB:OWPC
|
USA | $6.62 Million |
|
Dongwha Pharm.Co.Ltd
KO:000020
|
Korea | ₩654.63 Billion |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
China | CN¥27.28 Billion |
|
Yuhan Corp.
KO:000100
|
Korea | ₩3.05 Trillion |
|
Anhui Fengyuan Pharmaceutical Co Ltd
SHE:000153
|
China | CN¥4.97 Billion |
|
Kotra Industries Bhd
KLSE:0002
|
Malaysia | RM363.90 Million |
Zhejiang Medicine 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 - Zhejiang Medicine Co Ltd generates 0.68x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Zhejiang Medicine Co Ltd generates $8.41 in net profit.
Zhejiang Medicine 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 | 2.79 | 2.61 | 2.66 |
| Quick Ratio | 2.01 | 1.78 | 1.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥4.57 Billion | CN¥ 3.79 Billion | CN¥ 3.19 Billion |
Zhejiang Medicine Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Medicine 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 | 1.39 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 7.9% |
| Total Assets | CN¥13.80 Billion |
| Market Capitalization | $1.38 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Medicine 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: Zhejiang Medicine Co Ltd's assets grew by 7.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Medicine Co Ltd (1997–2024)
The table below shows the annual total assets of Zhejiang Medicine Co Ltd from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.80 Billion | +7.95% |
| 2023-12-31 | CN¥12.78 Billion | +2.79% |
| 2022-12-31 | CN¥12.43 Billion | -0.79% |
| 2021-12-31 | CN¥12.53 Billion | +19.35% |
| 2020-12-31 | CN¥10.50 Billion | +1.33% |
| 2019-12-31 | CN¥10.36 Billion | +3.13% |
| 2018-12-31 | CN¥10.05 Billion | +2.60% |
| 2017-12-31 | CN¥9.79 Billion | +11.11% |
| 2016-12-31 | CN¥8.81 Billion | +6.86% |
| 2015-12-31 | CN¥8.25 Billion | +4.82% |
| 2014-12-31 | CN¥7.87 Billion | +4.14% |
| 2013-12-31 | CN¥7.56 Billion | +7.07% |
| 2012-12-31 | CN¥7.06 Billion | +35.75% |
| 2011-12-31 | CN¥5.20 Billion | +12.12% |
| 2010-12-31 | CN¥4.64 Billion | +19.53% |
| 2009-12-31 | CN¥3.88 Billion | +18.86% |
| 2008-12-31 | CN¥3.26 Billion | +14.75% |
| 2007-12-31 | CN¥2.84 Billion | +12.50% |
| 2006-12-31 | CN¥2.53 Billion | +14.52% |
| 2005-12-31 | CN¥2.21 Billion | +20.06% |
| 2004-12-31 | CN¥1.84 Billion | +10.19% |
| 2003-12-31 | CN¥1.67 Billion | +1.96% |
| 2002-12-31 | CN¥1.64 Billion | +4.57% |
| 2001-12-31 | CN¥1.57 Billion | +8.95% |
| 2000-12-31 | CN¥1.44 Billion | -16.49% |
| 1999-12-31 | CN¥1.72 Billion | +52.04% |
| 1998-12-31 | CN¥1.13 Billion | +19.56% |
| 1997-12-31 | CN¥946.35 Million | -- |