United Orthopedic
United Orthopedic Corporation engages in the research, development, manufacture, and sale of orthopedic implants and surgical instruments in Taiwan, Asia, America, Europe, Africa, and Oceania. The company offers artificial hip joints, partial hip joints, joints for large trochanteric fractures, Moore hip prostheses, and customized artificial hip joints for individual tumor patients; artificial kn… Read more
United Orthopedic (4129) - Total Assets
Latest total assets as of September 2025: NT$7.46 Billion TWD
Based on the latest financial reports, United Orthopedic (4129) holds total assets worth NT$7.46 Billion TWD 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.
United Orthopedic - Total Assets Trend (2015–2024)
This chart illustrates how United Orthopedic’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
United Orthopedic - Asset Composition Analysis
Current Asset Composition (December 2024)
United Orthopedic's total assets of NT$7.46 Billion consist of 54.3% current assets and 45.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 8.7% |
| Accounts Receivable | NT$1.18 Billion | 16.7% |
| Inventory | NT$1.87 Billion | 26.6% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$284.73 Million | 4.0% |
| Goodwill | NT$292.89 Million | 4.2% |
Asset Composition Trend (2015–2024)
This chart illustrates how United Orthopedic'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: United Orthopedic's current assets represent 54.3% of total assets in 2024, a decrease from 71.8% in 2015.
- Cash Position: Cash and equivalents constituted 8.7% of total assets in 2024, down from 28.2% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 26.6% of total assets.
United Orthopedic Competitors by Total Assets
Key competitors of United Orthopedic based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
United Orthopedic - 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 - United Orthopedic generates 0.66x 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, United Orthopedic generates $6.48 in net profit.
United Orthopedic - 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 | 1.79 | 1.52 | 1.56 |
| Quick Ratio | 0.93 | 0.72 | 0.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.79 Billion | NT$ 1.25 Billion | NT$ 940.38 Million |
United Orthopedic - Advanced Valuation Insights
This section examines the relationship between United Orthopedic'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 | 2.69 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 9.7% |
| Total Assets | NT$7.04 Billion |
| Market Capitalization | $300.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values United Orthopedic's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: United Orthopedic's assets grew by 9.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for United Orthopedic (2015–2024)
The table below shows the annual total assets of United Orthopedic from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.04 Billion | +9.70% |
| 2023-12-31 | NT$6.42 Billion | +14.27% |
| 2022-12-31 | NT$5.62 Billion | +7.07% |
| 2021-12-31 | NT$5.24 Billion | -6.13% |
| 2020-12-31 | NT$5.59 Billion | +6.53% |
| 2019-12-31 | NT$5.24 Billion | +8.14% |
| 2018-12-31 | NT$4.85 Billion | +12.91% |
| 2017-12-31 | NT$4.30 Billion | +45.32% |
| 2016-12-31 | NT$2.96 Billion | +13.98% |
| 2015-12-31 | NT$2.59 Billion | -- |