Zhende Medical Co Ltd
Zhende Medical Co., Ltd. engages in the research and development, production, and sale of medical care and protective equipment in China and internationally. The company offers gauze swab, lap sponge, and fluff gauze swab; non-woven swab; PBT bandage, elastic bandage, crepe bandage, crochet bandage, selvedge bandage, under-cast padding, and fluff gauze roll; dressing set; first aid kit; cotton pa… Read more
Zhende Medical Co Ltd (603301) - Total Assets
Latest total assets as of September 2025: CN¥8.40 Billion CNY
Based on the latest financial reports, Zhende Medical Co Ltd (603301) holds total assets worth CN¥8.40 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.
Zhende Medical Co Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Zhende Medical Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhende Medical Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhende Medical Co Ltd's total assets of CN¥8.40 Billion consist of 35.0% current assets and 65.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.9% |
| Accounts Receivable | CN¥912.74 Million | 12.1% |
| Inventory | CN¥770.72 Million | 10.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥718.08 Million | 9.5% |
| Goodwill | CN¥788.78 Million | 10.4% |
Asset Composition Trend (2014–2024)
This chart illustrates how Zhende Medical 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: Zhende Medical Co Ltd's current assets represent 35.0% of total assets in 2024, a decrease from 52.0% in 2014.
- Cash Position: Cash and equivalents constituted 7.9% of total assets in 2024, down from 8.4% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 19.0% of total assets, an increase from 7.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 12.1% of total assets.
Zhende Medical Co Ltd Competitors by Total Assets
Key competitors of Zhende Medical 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 |
Zhende Medical 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 - Zhende Medical Co Ltd generates 0.56x 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, Zhende Medical Co Ltd generates $5.08 in net profit.
Zhende Medical 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 | 1.67 | 2.45 | 2.50 |
| Quick Ratio | 1.23 | 1.80 | 1.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.17 Billion | CN¥ 1.84 Billion | CN¥ 2.62 Billion |
Zhende Medical Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhende Medical 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 | 4.01 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | 4.3% |
| Total Assets | CN¥7.58 Billion |
| Market Capitalization | $1.33 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhende Medical Co Ltd's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhende Medical Co Ltd's assets grew by 4.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhende Medical Co Ltd (2014–2024)
The table below shows the annual total assets of Zhende Medical Co Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.58 Billion | +4.27% |
| 2023-12-31 | CN¥7.27 Billion | -7.98% |
| 2022-12-31 | CN¥7.90 Billion | +22.97% |
| 2021-12-31 | CN¥6.42 Billion | +0.34% |
| 2020-12-31 | CN¥6.40 Billion | +139.77% |
| 2019-12-31 | CN¥2.67 Billion | +44.29% |
| 2018-12-31 | CN¥1.85 Billion | +42.98% |
| 2017-12-31 | CN¥1.29 Billion | +14.71% |
| 2016-12-31 | CN¥1.13 Billion | -11.53% |
| 2015-12-31 | CN¥1.27 Billion | +14.88% |
| 2014-12-31 | CN¥1.11 Billion | -- |