Healthconn Corp.
Healthconn Corp. engages in the health services management in Taiwan and China. The company engages in the provision of health promotion consulting services, precision medicine health management services; genetic testing; and sales of molecular biology, genetics, microbial life science testing, precision instruments, and reagents. It also offers diagnostic solutions, including microbiology, total… Read more
Healthconn Corp. (6665) - Total Assets
Latest total assets as of December 2023: NT$1.54 Billion TWD
Based on the latest financial reports, Healthconn Corp. (6665) holds total assets worth NT$1.54 Billion TWD as of December 2023.
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.
Healthconn Corp. - Total Assets Trend (2016–2023)
This chart illustrates how Healthconn Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Healthconn Corp. - Asset Composition Analysis
Current Asset Composition (December 2023)
Healthconn Corp.'s total assets of NT$1.54 Billion consist of 77.0% current assets and 23.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 42.2% |
| Accounts Receivable | NT$271.26 Million | 17.6% |
| Inventory | NT$97.76 Million | 6.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$21.30 Million | 1.4% |
| Goodwill | NT$3.40 Million | 0.2% |
Asset Composition Trend (2016–2023)
This chart illustrates how Healthconn Corp.'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: Healthconn Corp.'s current assets represent 77.0% of total assets in 2023, a decrease from 87.1% in 2016.
- Cash Position: Cash and equivalents constituted 42.2% of total assets in 2023, down from 68.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 17.6% of total assets.
Healthconn Corp. Competitors by Total Assets
Key competitors of Healthconn Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alignment Healthcare LLC
NASDAQ:ALHC
|
USA | $1.07 Billion |
|
Cigna Corp
NYSE:CI
|
USA | $157.92 Billion |
|
Clover Health Investments Corp
NASDAQ:CLOV
|
USA | $541.01 Million |
|
Centene Corp
NYSE:CNC
|
USA | $76.75 Billion |
|
CarePayment Technologies Inc
PINK:CPYT
|
USA | $10.24 Million |
|
CVS Health Corp
NYSE:CVS
|
USA | $261.06 Billion |
|
Elevance Health Inc
NYSE:ELV
|
USA | $121.49 Billion |
|
Humana Inc
NYSE:HUM
|
USA | $49.72 Billion |
Healthconn Corp. - 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 - Healthconn Corp. generates 0.82x 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, Healthconn Corp. generates $ 0.15 in net profit.
Healthconn Corp. - 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 | 2.23 | 2.15 | 2.12 |
| Quick Ratio | 2.04 | 1.85 | 1.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$652.93 Million | NT$ 719.66 Million | NT$ 720.29 Million |
Healthconn Corp. - Advanced Valuation Insights
This section examines the relationship between Healthconn Corp.'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 | 1.05 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -7.5% |
| Total Assets | NT$1.54 Billion |
| Market Capitalization | $12.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values Healthconn Corp.'s assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Healthconn Corp.'s assets decreased by 7.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Healthconn Corp. (2016–2023)
The table below shows the annual total assets of Healthconn Corp. from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | NT$1.54 Billion | -7.53% |
| 2022-12-31 | NT$1.66 Billion | -6.21% |
| 2021-12-31 | NT$1.77 Billion | +26.38% |
| 2020-12-31 | NT$1.40 Billion | -1.78% |
| 2019-12-31 | NT$1.43 Billion | +2.00% |
| 2018-12-31 | NT$1.40 Billion | +13.92% |
| 2017-12-31 | NT$1.23 Billion | +53.16% |
| 2016-12-31 | NT$803.28 Million | -- |