Wuhan Fingu Electronic Technology Co Ltd
Wuhan Fingu Electronic Technology Co., LTD. engages in the research and development, production, and sale of RF devices for mobile communication antenna feeder systems worldwide. Its products include filters, duplexers, RF subsystems, combiners, tower mounted amplifiers, anti-5G interferences, antenna filter units, circulators, and microwave antennas, as well as ceramic maritals, POI, radio, and … Read more
Wuhan Fingu Electronic Technology Co Ltd (002194) - Net Assets
Latest net assets as of September 2025: CN¥2.49 Billion CNY
Based on the latest financial reports, Wuhan Fingu Electronic Technology Co Ltd (002194) has net assets worth CN¥2.49 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¥2.90 Billion) and total liabilities (CN¥412.09 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¥2.49 Billion |
| % of Total Assets | 85.78% |
| Annual Growth Rate | 14.05% |
| 5-Year Change | 18.91% |
| 10-Year Change | 23.99% |
| Growth Volatility | 75.52 |
Wuhan Fingu Electronic Technology Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Wuhan Fingu Electronic Technology 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 Fingu Electronic Technology Co Ltd (2004–2024)
The table below shows the annual net assets of Wuhan Fingu Electronic Technology Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.53 Billion | -2.25% |
| 2023-12-31 | CN¥2.59 Billion | -4.33% |
| 2022-12-31 | CN¥2.71 Billion | +16.97% |
| 2021-12-31 | CN¥2.32 Billion | +8.71% |
| 2020-12-31 | CN¥2.13 Billion | +12.64% |
| 2019-12-31 | CN¥1.89 Billion | +15.80% |
| 2018-12-31 | CN¥1.63 Billion | +10.08% |
| 2017-12-31 | CN¥1.48 Billion | -25.76% |
| 2016-12-31 | CN¥2.00 Billion | -2.19% |
| 2015-12-31 | CN¥2.04 Billion | +0.96% |
| 2014-12-31 | CN¥2.02 Billion | +4.17% |
| 2013-12-31 | CN¥1.94 Billion | -1.75% |
| 2012-12-31 | CN¥1.98 Billion | -4.80% |
| 2011-12-31 | CN¥2.08 Billion | +1.05% |
| 2010-12-31 | CN¥2.05 Billion | +4.50% |
| 2009-12-31 | CN¥1.97 Billion | +3.89% |
| 2008-12-31 | CN¥1.89 Billion | +11.87% |
| 2007-12-31 | CN¥1.69 Billion | +344.29% |
| 2006-12-31 | CN¥380.77 Million | +21.33% |
| 2005-12-31 | CN¥313.82 Million | +71.74% |
| 2004-12-31 | CN¥182.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wuhan Fingu Electronic Technology 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 652.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥600.73 Million | 23.72% |
| Common Stock | CN¥683.29 Million | 26.98% |
| Other Comprehensive Income | CN¥461.71 Million | 18.23% |
| Other Components | CN¥786.73 Million | 31.07% |
| Total Equity | CN¥2.53 Billion | 100.00% |
Wuhan Fingu Electronic Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Wuhan Fingu Electronic Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Gold Mantis Construction Decoration Co Ltd
SHE:002081
|
$644.06 Million |
|
Zhejiang Xinhua Chemical Co Ltd
SHG:603867
|
$644.07 Million |
|
Jiangsu Alcha Aluminium Co Ltd
SHE:002160
|
$644.16 Million |
|
Brightspire Capital Inc
NYSE:BRSP
|
$644.20 Million |
|
WATERDROP INC.ADS/10 CL.A
F:717
|
$643.00 Million |
|
Ningbo PIA Automation Holding Corp. A
SHG:688306
|
$643.00 Million |
|
Banco do Estado do Rio Grande do Sul S.A
SA:BRSR3
|
$642.78 Million |
|
Zhejiang Hailide New Material Co Ltd
SHE:002206
|
$642.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuhan Fingu Electronic Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,590,789,798 to 2,532,455,765, a change of -58,334,033 (-2.3%).
- Net income of 53,247,285 contributed positively to equity growth.
- Dividend payments of 81,994,296 reduced retained earnings.
- Other comprehensive income decreased equity by 26,269,540.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥53.25 Million | +2.1% |
| Dividends Paid | CN¥81.99 Million | -3.24% |
| Other Comprehensive Income | CN¥-26.27 Million | -1.04% |
| Other Changes | CN¥-3.32 Million | -0.13% |
| Total Change | CN¥- | -2.25% |
Book Value vs Market Value Analysis
This analysis compares Wuhan Fingu Electronic Technology 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: 3.22x
- 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 32.82x to 3.22x 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¥0.36 | CN¥11.94 | x |
| 2005-12-31 | CN¥0.56 | CN¥11.94 | x |
| 2006-12-31 | CN¥0.75 | CN¥11.94 | x |
| 2007-12-31 | CN¥3.30 | CN¥11.94 | x |
| 2008-12-31 | CN¥2.84 | CN¥11.94 | x |
| 2009-12-31 | CN¥2.95 | CN¥11.94 | x |
| 2010-12-31 | CN¥3.05 | CN¥11.94 | x |
| 2011-12-31 | CN¥3.13 | CN¥11.94 | x |
| 2012-12-31 | CN¥2.94 | CN¥11.94 | x |
| 2013-12-31 | CN¥2.99 | CN¥11.94 | x |
| 2014-12-31 | CN¥3.08 | CN¥11.94 | x |
| 2015-12-31 | CN¥2.95 | CN¥11.94 | x |
| 2016-12-31 | CN¥3.02 | CN¥11.94 | x |
| 2017-12-31 | CN¥2.19 | CN¥11.94 | x |
| 2018-12-31 | CN¥2.38 | CN¥11.94 | x |
| 2019-12-31 | CN¥2.82 | CN¥11.94 | x |
| 2020-12-31 | CN¥3.17 | CN¥11.94 | x |
| 2021-12-31 | CN¥3.41 | CN¥11.94 | x |
| 2022-12-31 | CN¥3.99 | CN¥11.94 | x |
| 2023-12-31 | CN¥3.79 | CN¥11.94 | x |
| 2024-12-31 | CN¥3.70 | CN¥11.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuhan Fingu Electronic Technology 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): 2.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.59%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.21x
- Recent ROE (2.10%) is below the historical average (10.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 37.00% | 21.75% | 0.96x | 1.77x | CN¥49.26 Million |
| 2005 | 35.25% | 20.51% | 0.86x | 2.01x | CN¥71.15 Million |
| 2006 | 41.87% | 19.23% | 1.11x | 1.96x | CN¥119.66 Million |
| 2007 | 13.54% | 22.19% | 0.50x | 1.23x | CN¥59.87 Million |
| 2008 | 17.39% | 23.35% | 0.62x | 1.19x | CN¥139.84 Million |
| 2009 | 17.34% | 25.23% | 0.58x | 1.19x | CN¥144.33 Million |
| 2010 | 10.39% | 21.56% | 0.42x | 1.15x | CN¥7.93 Million |
| 2011 | 7.73% | 16.04% | 0.43x | 1.11x | CN¥-47.16 Million |
| 2012 | 1.99% | 3.78% | 0.47x | 1.12x | CN¥-158.37 Million |
| 2013 | 2.51% | 4.34% | 0.49x | 1.18x | CN¥-145.41 Million |
| 2014 | 6.75% | 7.71% | 0.69x | 1.26x | CN¥-65.67 Million |
| 2015 | 3.67% | 4.24% | 0.71x | 1.22x | CN¥-129.21 Million |
| 2016 | -8.27% | -9.86% | 0.66x | 1.28x | CN¥-365.03 Million |
| 2017 | -34.68% | -36.09% | 0.71x | 1.36x | CN¥-662.75 Million |
| 2018 | 11.56% | 15.80% | 0.57x | 1.28x | CN¥25.54 Million |
| 2019 | 13.77% | 15.19% | 0.71x | 1.28x | CN¥71.27 Million |
| 2020 | 9.02% | 12.87% | 0.56x | 1.26x | CN¥-20.93 Million |
| 2021 | 9.84% | 12.39% | 0.62x | 1.29x | CN¥-3.79 Million |
| 2022 | 10.20% | 13.32% | 0.60x | 1.27x | CN¥5.37 Million |
| 2023 | 3.25% | 5.30% | 0.52x | 1.19x | CN¥-174.93 Million |
| 2024 | 2.10% | 3.59% | 0.48x | 1.21x | CN¥-200.00 Million |
Industry Comparison
This section compares Wuhan Fingu Electronic Technology Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,522,000,668
- Average return on equity (ROE) among peers: -3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuhan Fingu Electronic Technology Co Ltd (002194) | CN¥2.49 Billion | 37.00% | 0.17x | $643.96 Million |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |