Shinva Medical Instrument Co Ltd

SHG:600587 China Medical Devices
Market Cap
$1.27 Billion
CN¥9.30 Billion CNY
Market Cap Rank
#8006 Global
#1459 in China
Share Price
CN¥15.33
Change (1 day)
+0.20%
52-Week Range
CN¥14.40 - CN¥18.14
All Time High
CN¥38.58
About

Shinva Medical Instrument Co.,Ltd. provides medical devices, pharmaceutical equipment, medical services, and medical trade in the People's Republic of China. The company offers medical devices, including infection control instruments such as washing disinfection, sterilization, and consumables; radiotherapy equipment; and surgical instruments and biomedical consumables comprising standard, neuro,… Read more

Shinva Medical Instrument Co Ltd (600587) - Total Assets

Latest total assets as of September 2025: CN¥15.08 Billion CNY

Based on the latest financial reports, Shinva Medical Instrument Co Ltd (600587) holds total assets worth CN¥15.08 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.

Shinva Medical Instrument Co Ltd - Total Assets Trend (1999–2024)

This chart illustrates how Shinva Medical Instrument Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Shinva Medical Instrument Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Shinva Medical Instrument Co Ltd's total assets of CN¥15.08 Billion consist of 60.3% current assets and 39.7% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 19.0%
Accounts Receivable CN¥2.75 Billion 17.7%
Inventory CN¥3.36 Billion 21.6%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥469.87 Million 3.0%
Goodwill CN¥242.04 Million 1.6%

Asset Composition Trend (1999–2024)

This chart illustrates how Shinva Medical Instrument 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: Shinva Medical Instrument Co Ltd's current assets represent 60.3% of total assets in 2024, an increase from 51.2% in 1999.
  • Cash Position: Cash and equivalents constituted 19.0% of total assets in 2024, up from 9.6% in 1999.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 1999.
  • Asset Diversification: The largest asset category is inventory at 21.6% of total assets.

Shinva Medical Instrument Co Ltd Competitors by Total Assets

Key competitors of Shinva Medical Instrument Co Ltd based on total assets are shown below.

Shinva Medical Instrument 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

Historical Range: 0.64 - 0.83

Moderate asset utilization - Shinva Medical Instrument Co Ltd generates 0.65x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.18% - 7.42%

Moderate ROA - For every $100 in assets, Shinva Medical Instrument Co Ltd generates $ 4.45 in net profit.

Shinva Medical Instrument 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 1.36 1.31 0.96
Quick Ratio 0.89 0.83 0.57
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥2.39 Billion CN¥ 2.23 Billion CN¥ -238.05 Million

Shinva Medical Instrument Co Ltd - Advanced Valuation Insights

This section examines the relationship between Shinva Medical Instrument 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 1.18
Latest Market Cap to Assets Ratio 0.05
Asset Growth Rate (YoY) -0.4%
Total Assets CN¥15.53 Billion
Market Capitalization $845.00 Million USD

Valuation Analysis

Below Book Valuation: The market values Shinva Medical Instrument Co Ltd's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Shinva Medical Instrument Co Ltd's assets decreased by 0.4% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Shinva Medical Instrument Co Ltd (1999–2024)

The table below shows the annual total assets of Shinva Medical Instrument Co Ltd from 1999 to 2024.

Year Total Assets Change
2024-12-31 CN¥15.53 Billion -0.41%
2023-12-31 CN¥15.59 Billion +20.37%
2022-12-31 CN¥12.95 Billion +11.52%
2021-12-31 CN¥11.61 Billion +0.52%
2020-12-31 CN¥11.55 Billion -0.47%
2019-12-31 CN¥11.61 Billion -6.24%
2018-12-31 CN¥12.38 Billion -0.36%
2017-12-31 CN¥12.42 Billion +9.29%
2016-12-31 CN¥11.37 Billion +15.73%
2015-12-31 CN¥9.82 Billion +21.72%
2014-12-31 CN¥8.07 Billion +49.71%
2013-12-31 CN¥5.39 Billion +59.57%
2012-12-31 CN¥3.38 Billion +73.05%
2011-12-31 CN¥1.95 Billion +30.94%
2010-12-31 CN¥1.49 Billion +43.92%
2009-12-31 CN¥1.04 Billion +2.36%
2008-12-31 CN¥1.01 Billion +0.19%
2007-12-31 CN¥1.01 Billion +19.92%
2006-12-31 CN¥842.41 Million +9.27%
2005-12-31 CN¥770.96 Million +6.79%
2004-12-31 CN¥721.97 Million +24.29%
2003-12-31 CN¥580.86 Million +9.84%
2002-12-31 CN¥528.82 Million +87.04%
2001-12-31 CN¥282.73 Million +56.03%
2000-12-31 CN¥181.20 Million +55.34%
1999-12-31 CN¥116.65 Million --