Ningbo Menovo Pharmaceutical Co (SHSE:603538) Total Assets: ¥4,598 Mil (As of Mar. 2026)

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SHSE:603538 Ningbo Menovo Pharmaceutical Co Ltd SHSE:603538
68 GF Score
Price ¥27.22
GF Value ¥16.45
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ningbo Menovo Pharmaceutical Co Total Assets?

Ningbo Menovo Pharmaceutical Co SHSE:603538 +1.57% 68 Total Assets is ¥4,598 Mil as of Mar. 2026. GuruFocus rates SHSE:603538 with a GF Score™ of 68/100 and a GF Value™ of ¥16.45 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Ningbo Menovo Pharmaceutical Co's Total Assets for the quarter that ended in Mar. 2026 was ¥4,598 Mil.

Warning Sign:

If a company builds assets at 7.1% a year, faster than its revenue growth rate of 2.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Ningbo Menovo Pharmaceutical Co's average Total Assets Growth Rate was -0.20% per year. During the past 3 years, the average Total Assets Growth Rate was 4.90% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year. During the past 10 years, the average Total Assets Growth Rate was 19.50% per year.

During the past 13 years, Ningbo Menovo Pharmaceutical Co's highest 3-Year average Total Assets Growth Rate was 37.80%. The lowest was -1.70%. And the median was 13.40%.

Total Assets is connected with ROA %. Ningbo Menovo Pharmaceutical Co's annualized ROA % for the quarter that ended in Mar. 2026 was 2.64%. Total Assets is also linked to Revenue through Asset Turnover. Ningbo Menovo Pharmaceutical Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.07.


Ningbo Menovo Pharmaceutical Co  (SHSE:603538) Total Assets Explanation

Total Assets is connected with ROA %.

Ningbo Menovo Pharmaceutical Co's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=124.648/( (4852.376+4597.7)/ 2 )
=124.648/4725.038
=2.64 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Ningbo Menovo Pharmaceutical Co's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=337.651/( (4852.376+4597.7)/ 2 )
=337.651/4725.038
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Ningbo Menovo Pharmaceutical Co Total Assets Related Terms


Ningbo Menovo Pharmaceutical Co Total Assets Historical Data

* Premium members only.

The historical data trend for Ningbo Menovo Pharmaceutical Co's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ningbo Menovo Pharmaceutical Co Total Assets Chart

Ningbo Menovo Pharmaceutical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,001.50 4,419.49 4,423.52 4,651.22 4,852.38

Ningbo Menovo Pharmaceutical Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,644.85 4,670.57 4,748.16 4,852.38 4,597.70
SHSE:603538
68GF Score
Ningbo Menovo Pharmaceutical Co Ltd SHSE:603538
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Menovo Pharmaceutical Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Ningbo Menovo Pharmaceutical Co's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=2450.854+2401.522
=4,852

Ningbo Menovo Pharmaceutical Co's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=2493.843+2103.856
=4,598

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ¥4,598 Mil mean?
Ningbo Menovo Pharmaceutical Co (SHSE:603538) has a Total Assets of ¥4,598 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Ningbo Menovo Pharmaceutical Co and its competitors.
Is Ningbo Menovo Pharmaceutical Co's Total Assets too high?
Ningbo Menovo Pharmaceutical Co's current Total Assets is ¥4,598 Mil. Overall, Ningbo Menovo Pharmaceutical Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Menovo Pharmaceutical Co's Total Assets compare to ZTS?
Ningbo Menovo Pharmaceutical Co's Total Assets of ¥4,598 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Drug Manufacturers company?
A good Total Assets depends on the Drug Manufacturers industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Ningbo Menovo Pharmaceutical Co and its competitors. Ningbo Menovo Pharmaceutical Co's current Total Assets is ¥4,598 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Menovo Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Menovo Pharmaceutical Co (SHSE:603538) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.45, compared to a current price of ¥27.22 — trading 65.5% above its estimated fair value. The current Total Assets is ¥4,598 Mil. Ningbo Menovo Pharmaceutical Co's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Ningbo Menovo Pharmaceutical Co (SHSE:603538), the current Total Assets is ¥4,598 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ningbo Menovo Pharmaceutical Co (SHSE:603538) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Menovo Pharmaceutical Co stock appears to be overvalued. The current stock price of ¥27.22 is trading 65.5% above its estimated GF Value™ of ¥16.45. GuruFocus considers Ningbo Menovo Pharmaceutical Co to be Significantly Overvalued.

Key valuation signals for SHSE:603538:

  • Total Assets: ¥4,598 Mil
  • GF Value™: ¥16.45 vs. price of ¥27.22 (65.5% above fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Menovo Pharmaceutical Co Business Description

Address No.999,Yangfan Road, Room 1406, No.1, High-tech Zone, Ningbo, CHN, 315040
Ningbo Menovo Pharmaceutical Co Ltd is a China-based company is engaged in the research and development, pilot, production and sales of pharmaceutical intermediates, APIs and finished drugs. Its products line includes cardiovascular, central nervous, respiratory, anti-tumor, anti-infective, digestive system, geriatric diseases and anti-viral systems.
68GF Score

Get the complete analysis for SHSE:603538

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥27.22
Price
¥16.45
GF Value