China Communications Services Corporation Limited (CMW) - Net Assets
Based on the latest financial reports, China Communications Services Corporation Limited (CMW) has net assets worth €47.65 Billion EUR (≈ $55.71 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€138.25 Billion ≈ $161.63 Billion USD) and total liabilities (€90.60 Billion ≈ $105.92 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of China Communications Services Corporatio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €47.65 Billion |
| % of Total Assets | 34.47% |
| Annual Growth Rate | 6.94% |
| 5-Year Change | 25.35% |
| 10-Year Change | 84.9% |
| Growth Volatility | 2.32 |
China Communications Services Corporation Limited - Net Assets Trend (2013–2024)
This chart illustrates how China Communications Services Corporation Limited's net assets have evolved over time, based on quarterly financial data. Also explore China Communications Services Corporatio asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for China Communications Services Corporation Limited (2013–2024)
The table below shows the annual net assets of China Communications Services Corporation Limited from 2013 to 2024. For live valuation and market cap data, see how much is China Communications Services Corporatio worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €46.61 Billion ≈ $54.50 Billion |
+6.75% |
| 2023-12-31 | €43.67 Billion ≈ $51.05 Billion |
+4.91% |
| 2022-12-31 | €41.62 Billion ≈ $48.66 Billion |
+5.08% |
| 2021-12-31 | €39.61 Billion ≈ $46.31 Billion |
+6.52% |
| 2020-12-31 | €37.19 Billion ≈ $43.48 Billion |
+6.13% |
| 2019-12-31 | €35.04 Billion ≈ $40.96 Billion |
+6.73% |
| 2018-12-31 | €32.83 Billion ≈ $38.38 Billion |
+13.91% |
| 2017-12-31 | €28.82 Billion ≈ $33.69 Billion |
+6.55% |
| 2016-12-31 | €27.05 Billion ≈ $31.62 Billion |
+7.29% |
| 2015-12-31 | €25.21 Billion ≈ $29.47 Billion |
+7.08% |
| 2014-12-31 | €23.54 Billion ≈ $27.52 Billion |
+5.63% |
| 2013-12-31 | €22.29 Billion ≈ $26.06 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to China Communications Services Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 212.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €26.66 Billion | 58.68% |
| Other Components | €18.78 Billion | 41.32% |
| Total Equity | €45.44 Billion | 100.00% |
China Communications Services Corporation Limited Competitors by Market Cap
The table below lists competitors of China Communications Services Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Birchcliff Energy Ltd.
TO:BIR
|
$1.27 Billion |
|
ATAI Life Sciences NV
XETRA:9VC
|
$1.27 Billion |
|
The Wendy’s Co
NASDAQ:WEN
|
$1.28 Billion |
|
Bristow Group Inc
NYSE:VTOL
|
$1.28 Billion |
|
Kestra Medical Technologies, Ltd. Common Stock
NASDAQ:KMTS
|
$1.27 Billion |
|
Distribution Solutions Group Inc
NASDAQ:DSGR
|
$1.27 Billion |
|
SINOTRANS LTD H YC 1
F:SIY
|
$1.27 Billion |
|
Macquarie Technology Group Ltd
AU:MAQ
|
$1.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Communications Services Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,576,759,000 to 45,435,871,000, a change of 2,859,112,000 (6.7%).
- Net income of 3,606,861,000 contributed positively to equity growth.
- Dividend payments of 1,572,562,000 reduced retained earnings.
- Other factors increased equity by 824,813,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.61 Billion | +7.94% |
| Dividends Paid | €1.57 Billion | -3.46% |
| Other Changes | €824.81 Million | +1.82% |
| Total Change | €- | 6.72% |
Book Value vs Market Value Analysis
This analysis compares China Communications Services Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.07x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €4.09 | €0.46 | x |
| 2018-12-31 | €4.67 | €0.46 | x |
| 2019-12-31 | €4.99 | €0.46 | x |
| 2020-12-31 | €5.30 | €0.46 | x |
| 2021-12-31 | €5.55 | €0.46 | x |
| 2022-12-31 | €5.83 | €0.46 | x |
| 2023-12-31 | €6.15 | €0.46 | x |
| 2024-12-31 | €6.56 | €0.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Communications Services Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.40%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 3.01x
- Recent ROE (7.94%) is below the historical average (8.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 10.28% | 3.27% | 1.42x | 2.22x | €61.07 Million |
| 2014 | 9.34% | 2.94% | 1.39x | 2.29x | €-152.73 Million |
| 2015 | 9.43% | 2.88% | 1.40x | 2.34x | €-141.67 Million |
| 2016 | 9.54% | 2.87% | 1.41x | 2.36x | €-121.09 Million |
| 2017 | 9.58% | 2.87% | 1.34x | 2.50x | €-118.70 Million |
| 2018 | 8.97% | 2.73% | 1.31x | 2.50x | €-331.81 Million |
| 2019 | 8.82% | 2.60% | 1.34x | 2.53x | €-407.16 Million |
| 2020 | 8.39% | 2.51% | 1.30x | 2.57x | €-590.29 Million |
| 2021 | 8.22% | 2.36% | 1.34x | 2.60x | €-683.29 Million |
| 2022 | 8.32% | 2.39% | 1.28x | 2.73x | €-677.79 Million |
| 2023 | 8.42% | 2.41% | 1.22x | 2.86x | €-673.28 Million |
| 2024 | 7.94% | 2.40% | 1.10x | 3.01x | €-936.73 Million |
Industry Comparison
This section compares China Communications Services Corporation Limited's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $41,929,331,538
- Average return on equity (ROE) among peers: 16.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Communications Services Corporation Limited (CMW) | €47.65 Billion | 10.28% | 1.90x | $1.27 Billion |
| LIBERTY LAT.AMER.A DL-01 (1LL) | $1.63 Billion | -42.40% | 6.87x | $300.16 Million |
| 1&1 AG (1U1) | $353.02 Million | 13.06% | 0.95x | $4.35 Billion |
| CHINA TOWER UNSP.ADR/100 (2Y10) | $193.59 Billion | 4.54% | 0.58x | $5.02 Billion |
| TELSTRA GROUP LTD SP.ADR (5KB) | $16.84 Billion | 10.03% | 1.47x | $37.53 Billion |
| VODACOM GROUP LTD. SP.ADR (5VD0) | $103.65 Billion | 16.01% | 1.41x | $15.26 Billion |
| EuroTeleSites AG (7YF) | $234.07 Million | 0.00% | 7.39x | $735.93 Million |
| AIRTEL AFRICA UNSP.ADR/10 (9AA0) | $2.77 Billion | 7.93% | 3.33x | $16.88 Billion |
| TRANSTEMA GROUP AB O.N. (9G8) | $558.70 Million | 23.64% | 2.07x | $12.20 Million |
| Advanced Info Service Public Company Limited (AISF) | $81.82 Billion | 32.90% | 3.35x | $97.12K |
| Verizon Communications Inc. (BAC) | $17.84 Billion | 100.21% | 12.69x | $174.74 Billion |
About China Communications Services Corporation Limited
China Communications Services Corporation Limited, together with its subsidiaries provides telecommunications support services worldwide. It offers telecommunications infrastructure services, including planning, design, construction, and project supervision for fixed line, mobile, broadband networks, data centers and supporting systems; construction services of ancillary communications networks; … Read more