Guangdong Xinyaguang Cable Co
Guangdong Xinyaguang Cable Co., Ltd. engages in the research and development, production, and sale of wires and cables in China. It offers aluminum alloy conductor cross-linked polyethylene insulated power cable, rated voltage 1KV, 10KV overhead insulated cable, rated voltage 0.6/1kV XLPE insulated power cable, round wire concentric stranded overhead conductor, plastic insulated control cables, a… Read more
Guangdong Xinyaguang Cable Co (001382) - Net Assets
Latest net assets as of June 2025: CN¥1.57 Billion CNY
Based on the latest financial reports, Guangdong Xinyaguang Cable Co (001382) has net assets worth CN¥1.57 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.03 Billion) and total liabilities (CN¥462.22 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.57 Billion |
| % of Total Assets | 77.24% |
| Annual Growth Rate | 14.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.34 |
Guangdong Xinyaguang Cable Co - Net Assets Trend (2021–2024)
This chart illustrates how Guangdong Xinyaguang Cable Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guangdong Xinyaguang Cable Co (2021–2024)
The table below shows the annual net assets of Guangdong Xinyaguang Cable Co from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.22 Billion | +12.53% |
| 2023-12-31 | CN¥1.08 Billion | +18.01% |
| 2022-12-31 | CN¥915.55 Million | +13.83% |
| 2021-12-31 | CN¥804.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Xinyaguang Cable Co'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 333.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥479.69 Million | 39.45% |
| Other Components | CN¥736.12 Million | 60.55% |
| Total Equity | CN¥1.22 Billion | 100.00% |
Guangdong Xinyaguang Cable Co Competitors by Market Cap
The table below lists competitors of Guangdong Xinyaguang Cable Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
8x8 Inc Common Stock
NASDAQ:EGHT
|
$201.75 Million |
|
HPGC Renmintongtai Pharmaceutical Corp
SHG:600829
|
$201.76 Million |
|
Cricut Inc
NASDAQ:CRCT
|
$201.78 Million |
|
GUANGDONG HK GR BA.HD-01
F:16H0
|
$201.90 Million |
|
NATL BANKSHARES DL 250
F:9F2
|
$201.68 Million |
|
WONIK Materials Co.Ltd
KQ:104830
|
$201.66 Million |
|
KINX Inc
KQ:093320
|
$201.64 Million |
|
Live Oak Acquisition Corp. V Class A Ordinary Shares
NASDAQ:LOKV
|
$201.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Xinyaguang Cable Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,080,428,261 to 1,215,814,254, a change of 135,385,993 (12.5%).
- Net income of 134,879,993 contributed positively to equity growth.
- Dividend payments of 4,584,202 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥134.88 Million | +11.09% |
| Dividends Paid | CN¥4.58 Million | -0.38% |
| Other Changes | CN¥5.09 Million | +0.42% |
| Total Change | CN¥- | 12.53% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Xinyaguang Cable Co'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: 6.87x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 10.39x to 6.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥2.30 | CN¥23.87 | x |
| 2022-12-31 | CN¥2.62 | CN¥23.87 | x |
| 2023-12-31 | CN¥3.09 | CN¥23.87 | x |
| 2024-12-31 | CN¥3.47 | CN¥23.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Xinyaguang Cable Co 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): 11.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.76%
- • Asset Turnover: 1.85x
- • Equity Multiplier: 1.26x
- Recent ROE (11.09%) is below the historical average (12.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 11.99% | 3.33% | 1.69x | 2.13x | CN¥16.01 Million |
| 2022 | 12.10% | 4.01% | 1.67x | 1.81x | CN¥19.21 Million |
| 2023 | 15.21% | 5.46% | 1.73x | 1.61x | CN¥56.33 Million |
| 2024 | 11.09% | 4.76% | 1.85x | 1.26x | CN¥13.30 Million |
Industry Comparison
This section compares Guangdong Xinyaguang Cable Co's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,576,952,572
- Average return on equity (ROE) among peers: -34.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Xinyaguang Cable Co (001382) | CN¥1.57 Billion | 11.99% | 0.29x | $201.71 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |