Wuhan Sante Cableway Group Co Ltd
Wuhan Sante Cableway Group Co., Ltd. operates in the tourism industry in China. The company invests in, constructs, and operates approximately 20 sightseeing ropeway and scenic spots projects, including Huashan cableway in Shaanxi; Qiandao Lake cableway in Zhejiang; Fanjing Mountain scenic spot in Guizhou; and Monkey Island scenic spot in Hainan. It also operates a tourism complex. The company wa… Read more
Wuhan Sante Cableway Group Co Ltd (002159) - Net Assets
Latest net assets as of September 2025: CN¥1.52 Billion CNY
Based on the latest financial reports, Wuhan Sante Cableway Group Co Ltd (002159) has net assets worth CN¥1.52 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.88 Billion) and total liabilities (CN¥361.94 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¥1.52 Billion |
| % of Total Assets | 80.72% |
| Annual Growth Rate | 9.86% |
| 5-Year Change | -5.52% |
| 10-Year Change | 17.74% |
| Growth Volatility | 20.51 |
Wuhan Sante Cableway Group Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Wuhan Sante Cableway Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wuhan Sante Cableway Group Co Ltd (2004–2024)
The table below shows the annual net assets of Wuhan Sante Cableway Group Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.41 Billion | +8.58% |
| 2023-12-31 | CN¥1.30 Billion | +12.23% |
| 2022-12-31 | CN¥1.16 Billion | -8.28% |
| 2021-12-31 | CN¥1.27 Billion | -15.47% |
| 2020-12-31 | CN¥1.50 Billion | +33.43% |
| 2019-12-31 | CN¥1.12 Billion | +14.94% |
| 2018-12-31 | CN¥975.89 Million | +12.34% |
| 2017-12-31 | CN¥868.68 Million | +0.65% |
| 2016-12-31 | CN¥863.07 Million | -28.14% |
| 2015-12-31 | CN¥1.20 Billion | +4.66% |
| 2014-12-31 | CN¥1.15 Billion | +34.23% |
| 2013-12-31 | CN¥854.94 Million | +42.95% |
| 2012-12-31 | CN¥598.06 Million | +22.41% |
| 2011-12-31 | CN¥488.56 Million | +9.67% |
| 2010-12-31 | CN¥445.47 Million | +2.98% |
| 2009-12-31 | CN¥432.59 Million | +6.14% |
| 2008-12-31 | CN¥407.56 Million | +2.32% |
| 2007-12-31 | CN¥398.30 Million | +67.62% |
| 2006-12-31 | CN¥237.62 Million | +7.66% |
| 2005-12-31 | CN¥220.71 Million | +2.45% |
| 2004-12-31 | CN¥215.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wuhan Sante Cableway Group Co Ltd'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 613.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥259.41 Million | 19.00% |
| Common Stock | CN¥177.30 Million | 12.98% |
| Other Comprehensive Income | CN¥93.75 Million | 6.87% |
| Other Components | CN¥835.05 Million | 61.15% |
| Total Equity | CN¥1.37 Billion | 100.00% |
Wuhan Sante Cableway Group Co Ltd Competitors by Market Cap
The table below lists competitors of Wuhan Sante Cableway Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Immutep Limited
PINK:PRRUF
|
$244.42 Million |
|
Shenzhen MinDe Electronics Technology Ltd
SHE:300656
|
$244.43 Million |
|
Genfit S.A.
NASDAQ:GNFT
|
$244.43 Million |
|
Mills Estruturas e Serviços de Engenharia S.A
SA:MILS3
|
$244.55 Million |
|
Hanson International Tbk
JK:MYRX
|
$244.37 Million |
|
Sanyou Corporation Limited
SHE:300932
|
$244.36 Million |
|
Liaoning SG Automotive Group Co Ltd
SHG:600303
|
$244.34 Million |
|
Vietnam Container Shipping JSC
VN:VSC
|
$244.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuhan Sante Cableway Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,256,639,413 to 1,365,506,617, a change of 108,867,204 (8.7%).
- Net income of 141,977,627 contributed positively to equity growth.
- Dividend payments of 41,802,514 reduced retained earnings.
- Other comprehensive income increased equity by 13,864,748.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥141.98 Million | +10.4% |
| Dividends Paid | CN¥41.80 Million | -3.06% |
| Other Comprehensive Income | CN¥13.86 Million | +1.02% |
| Other Changes | CN¥-5.17 Million | -0.38% |
| Total Change | CN¥- | 8.66% |
Book Value vs Market Value Analysis
This analysis compares Wuhan Sante Cableway Group Co Ltd'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: 2.64x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.22x to 2.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥2.47 | CN¥20.33 | x |
| 2005-12-31 | CN¥2.66 | CN¥20.33 | x |
| 2006-12-31 | CN¥2.82 | CN¥20.33 | x |
| 2007-12-31 | CN¥4.32 | CN¥20.33 | x |
| 2008-12-31 | CN¥3.15 | CN¥20.33 | x |
| 2009-12-31 | CN¥3.58 | CN¥20.33 | x |
| 2010-12-31 | CN¥3.65 | CN¥20.33 | x |
| 2011-12-31 | CN¥3.85 | CN¥20.33 | x |
| 2012-12-31 | CN¥4.43 | CN¥20.33 | x |
| 2013-12-31 | CN¥4.80 | CN¥20.33 | x |
| 2014-12-31 | CN¥7.36 | CN¥20.33 | x |
| 2015-12-31 | CN¥6.90 | CN¥20.33 | x |
| 2016-12-31 | CN¥5.95 | CN¥20.33 | x |
| 2017-12-31 | CN¥6.01 | CN¥20.33 | x |
| 2018-12-31 | CN¥6.92 | CN¥20.33 | x |
| 2019-12-31 | CN¥7.69 | CN¥20.33 | x |
| 2020-12-31 | CN¥10.43 | CN¥20.33 | x |
| 2021-12-31 | CN¥6.89 | CN¥20.33 | x |
| 2022-12-31 | CN¥6.36 | CN¥20.33 | x |
| 2023-12-31 | CN¥7.10 | CN¥20.33 | x |
| 2024-12-31 | CN¥7.70 | CN¥20.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuhan Sante Cableway Group Co Ltd 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): 10.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.50%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.36x
- Recent ROE (10.40%) is above the historical average (3.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 7.01% | 8.29% | 0.31x | 2.71x | CN¥-5.64 Million |
| 2005 | 6.27% | 7.58% | 0.31x | 2.71x | CN¥-7.31 Million |
| 2006 | 7.16% | 8.24% | 0.35x | 2.49x | CN¥-6.03 Million |
| 2007 | 5.55% | 12.63% | 0.23x | 1.92x | CN¥-17.18 Million |
| 2008 | 2.86% | 6.23% | 0.24x | 1.95x | CN¥-28.28 Million |
| 2009 | 5.31% | 8.96% | 0.29x | 2.02x | CN¥-19.60 Million |
| 2010 | 6.86% | 8.78% | 0.34x | 2.30x | CN¥-13.65 Million |
| 2011 | 8.58% | 10.69% | 0.31x | 2.58x | CN¥-6.67 Million |
| 2012 | 10.39% | 14.93% | 0.26x | 2.67x | CN¥2.08 Million |
| 2013 | 5.42% | 9.11% | 0.21x | 2.90x | CN¥-26.41 Million |
| 2014 | -4.07% | -9.65% | 0.18x | 2.29x | CN¥-128.75 Million |
| 2015 | 4.49% | 10.03% | 0.19x | 2.34x | CN¥-52.78 Million |
| 2016 | -6.56% | -11.95% | 0.18x | 3.13x | CN¥-136.21 Million |
| 2017 | 0.67% | 1.02% | 0.20x | 3.24x | CN¥-77.10 Million |
| 2018 | 14.02% | 20.78% | 0.23x | 2.98x | CN¥38.65 Million |
| 2019 | 2.23% | 3.51% | 0.24x | 2.70x | CN¥-82.79 Million |
| 2020 | 1.97% | 7.04% | 0.15x | 1.88x | CN¥-116.06 Million |
| 2021 | -14.61% | -41.05% | 0.17x | 2.09x | CN¥-300.53 Million |
| 2022 | -7.49% | -32.97% | 0.14x | 1.66x | CN¥-197.24 Million |
| 2023 | 10.15% | 17.73% | 0.42x | 1.35x | CN¥1.85 Million |
| 2024 | 10.40% | 20.50% | 0.37x | 1.36x | CN¥5.43 Million |
Industry Comparison
This section compares Wuhan Sante Cableway Group Co Ltd's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $894,868,252
- Average return on equity (ROE) among peers: 5.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuhan Sante Cableway Group Co Ltd (002159) | CN¥1.52 Billion | 7.01% | 0.24x | $244.39 Million |
| Guangzhou Dongfang Hotel Co Ltd (000524) | $510.65 Million | -17.81% | 0.54x | $366.07 Million |
| Hna-Caissa Travel Group Co Ltd (000796) | $559.01 Million | 2.92% | 1.14x | $655.16 Million |
| Emei Shan Tourism Co Ltd (000888) | $393.21 Million | 6.56% | 0.14x | $595.56 Million |
| Beijing Utour International Travel Service Co Ltd (002707) | $1.96 Billion | 10.95% | 1.04x | $610.74 Million |
| Western Regions Tourism Development (300859) | $371.84 Million | 13.71% | 0.34x | $506.08 Million |
| XiAn Qujiang Cultural Tourism Co Ltd (600706) | $835.96 Million | 5.73% | 1.07x | $221.83 Million |
| Changbai Mountain Tourism Co Ltd (603099) | $1.01 Billion | 6.69% | 0.25x | $481.31 Million |
| Anhui Jiuhuashan Tourism Dvlp (603199) | $1.51 Billion | 12.28% | 0.23x | $329.78 Million |