Wuhan Sante Cableway Group Co Ltd (002159) - Net Assets

Latest as of March 2026: CN¥1.53 Billion CNY ≈ $223.92 Million USD

Based on the latest financial reports, Wuhan Sante Cableway Group Co Ltd (002159) has net assets worth CN¥1.53 Billion CNY (≈ $223.92 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.88 Billion ≈ $275.14 Million USD) and total liabilities (CN¥350.07 Million ≈ $51.23 Million 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 Wuhan Sante Cableway Group Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.53 Billion
% of Total Assets	81.38%
Annual Growth Rate	9.74%
5-Year Change	19.95%
10-Year Change	75.81%
Growth Volatility	20.04

Wuhan Sante Cableway Group Co Ltd - Net Assets Trend (2004–2025)

This chart illustrates how Wuhan Sante Cableway Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Wuhan Sante Cableway Group Co Ltd market cap and net worth.

Annual Net Assets for Wuhan Sante Cableway Group Co Ltd (2004–2025)

The table below shows the annual net assets of Wuhan Sante Cableway Group Co Ltd from 2004 to 2025. Also explore 002159 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥1.52 Billion ≈ $222.04 Million	+7.31%
2024-12-31	CN¥1.41 Billion ≈ $206.92 Million	+8.58%
2023-12-31	CN¥1.30 Billion ≈ $190.56 Million	+12.23%
2022-12-31	CN¥1.16 Billion ≈ $169.79 Million	-8.28%
2021-12-31	CN¥1.27 Billion ≈ $185.12 Million	-15.47%
2020-12-31	CN¥1.50 Billion ≈ $219.00 Million	+33.43%
2019-12-31	CN¥1.12 Billion ≈ $164.14 Million	+14.94%
2018-12-31	CN¥975.89 Million ≈ $142.80 Million	+12.34%
2017-12-31	CN¥868.68 Million ≈ $127.11 Million	+0.65%
2016-12-31	CN¥863.07 Million ≈ $126.29 Million	-28.14%
2015-12-31	CN¥1.20 Billion ≈ $175.75 Million	+4.66%
2014-12-31	CN¥1.15 Billion ≈ $167.93 Million	+34.23%
2013-12-31	CN¥854.94 Million ≈ $125.10 Million	+42.95%
2012-12-31	CN¥598.06 Million ≈ $87.51 Million	+22.41%
2011-12-31	CN¥488.56 Million ≈ $71.49 Million	+9.67%
2010-12-31	CN¥445.47 Million ≈ $65.19 Million	+2.98%
2009-12-31	CN¥432.59 Million ≈ $63.30 Million	+6.14%
2008-12-31	CN¥407.56 Million ≈ $59.64 Million	+2.32%
2007-12-31	CN¥398.30 Million ≈ $58.28 Million	+67.62%
2006-12-31	CN¥237.62 Million ≈ $34.77 Million	+7.66%
2005-12-31	CN¥220.71 Million ≈ $32.30 Million	+2.45%
2004-12-31	CN¥215.42 Million ≈ $31.52 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 876.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥355.04 Million	24.30%
Other Components	CN¥1.11 Billion	75.70%
Total Equity	CN¥1.46 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
CARYSIL LIMITED NSE:CARYSIL	$341.77 Million
Dalmia Bharat Sugar and Industries Limited NSE:DALMIASUG	$341.82 Million
AEON Co (Malaysia) Bhd KLSE:6599	$341.92 Million
Byggmax Group AB ST:BMAX	$341.95 Million
Ratos AB (publ) ST:RATO-A	$341.56 Million
Glarner Kantonalbank SW:GLKBN	$341.55 Million
Gogo Inc NASDAQ:GOGO	$341.48 Million
Nanjing OLO Home Furnishing SHG:603326	$341.42 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 2024 to 2025, total equity changed from 1,365,506,617 to 1,461,319,095, a change of 95,812,478 (7.0%).
Net income of 143,346,199 contributed positively to equity growth.
Dividend payments of 44,852,443 reduced retained earnings.
Other comprehensive income decreased equity by 93,746,469.
Other factors increased equity by 91,065,190.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥143.35 Million	+9.81%
Dividends Paid	CN¥44.85 Million	-3.07%
Other Comprehensive Income	CN¥-93.75 Million	-6.42%
Other Changes	CN¥91.07 Million	+6.23%
Total Change	CN¥-	7.02%

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: 1.60x
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 5.33x to 1.60x 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¥13.17	x
2005-12-31	CN¥2.66	CN¥13.17	x
2006-12-31	CN¥2.82	CN¥13.17	x
2007-12-31	CN¥4.32	CN¥13.17	x
2008-12-31	CN¥3.15	CN¥13.17	x
2009-12-31	CN¥3.58	CN¥13.17	x
2010-12-31	CN¥3.65	CN¥13.17	x
2011-12-31	CN¥3.85	CN¥13.17	x
2012-12-31	CN¥4.43	CN¥13.17	x
2013-12-31	CN¥4.80	CN¥13.17	x
2014-12-31	CN¥7.36	CN¥13.17	x
2015-12-31	CN¥6.91	CN¥13.17	x
2016-12-31	CN¥5.93	CN¥13.17	x
2017-12-31	CN¥5.96	CN¥13.17	x
2018-12-31	CN¥6.93	CN¥13.17	x
2019-12-31	CN¥7.69	CN¥13.17	x
2020-12-31	CN¥10.65	CN¥13.17	x
2021-12-31	CN¥6.88	CN¥13.17	x
2022-12-31	CN¥6.32	CN¥13.17	x
2023-12-31	CN¥7.10	CN¥13.17	x
2024-12-31	CN¥7.69	CN¥13.17	x
2025-12-31	CN¥8.24	CN¥13.17	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): 9.81%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 22.45%
• Asset Turnover: 0.34x
• Equity Multiplier: 1.30x
Recent ROE (9.81%) is above the historical average (3.92%), 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	1.07%	1.69%	0.24x	2.70x	CN¥-95.17 Million
2020	1.97%	7.04%	0.15x	1.88x	CN¥-116.06 Million
2021	-14.38%	-40.41%	0.17x	2.09x	CN¥-297.72 Million
2022	-6.81%	-29.96%	0.14x	1.66x	CN¥-189.55 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
2025	9.81%	22.45%	0.34x	1.30x	CN¥-2.79 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: $701,953,569
Average return on equity (ROE) among peers: 12.36%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Wuhan Sante Cableway Group Co Ltd (002159)	CN¥1.53 Billion	7.01%	0.23x	$341.69 Million
Guangzhou Dongfang Hotel Co Ltd (000524)	$1.46 Billion	9.35%	1.27x	$883.63 Million
Hna-Caissa Travel Group Co Ltd (000796)	$549.92 Million	4.54%	0.46x	$856.60 Million
Emei Shan Tourism Co Ltd (000888)	$1.06 Billion	17.78%	0.23x	$711.67 Million
Beijing Utour International Travel Service Co Ltd (002707)	$107.40 Million	28.40%	1.42x	$719.01 Million
Western Regions Tourism Development (300859)	$729.27 Million	14.48%	0.07x	$545.71 Million
Zhejiang Whwh (600576)	$159.36 Million	24.47%	2.42x	$834.84 Million
XiAn Qujiang Cultural Tourism Co Ltd (600706)	$207.01 Million	9.62%	2.96x	$305.68 Million
Changbai Mountain Tourism Co Ltd (603099)	$1.02 Billion	-5.49%	0.19x	$1.56 Billion
Anhui Jiuhuashan Tourism Dvlp (603199)	$1.02 Billion	8.09%	0.17x	$527.18 Million

About Wuhan Sante Cableway Group Co Ltd

SHE:002159 China Travel Services

Market Cap

$341.69 Million

CN¥2.34 Billion CNY

Market Cap Rank

#14316 Global

#4276 in China

Share Price

CN¥13.17

Change (1 day)

+0.61%

52-Week Range

CN¥12.25 - CN¥20.62

All Time High

CN¥35.03