Allwin Telecommunication Co Ltd

SHE:002231 China Communication Equipment
Market Cap
$28.36 Million
CN¥208.11 Million CNY
Market Cap Rank
#24923 Global
#4659 in China
Share Price
CN¥0.60
Change (1 day)
+0.00%
52-Week Range
CN¥0.60 - CN¥5.96
All Time High
CN¥19.97
About

Allwin Telecommunication Co., Ltd. offers military electronic information systems, audio-visual command systems, and network communications solutions in China. The company provides military-specific video command and conferencing systems, and audio-visual fusion equipment; domestically produced and controllable wired communication and terminal equipment; multi-mode integrated tablet terminals, bo… Read more

Allwin Telecommunication Co Ltd (002231) - Net Assets

Latest net assets as of September 2025: CN¥87.64 Million CNY

Based on the latest financial reports, Allwin Telecommunication Co Ltd (002231) has net assets worth CN¥87.64 Million 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¥246.24 Million) and total liabilities (CN¥158.60 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¥87.64 Million
% of Total Assets 35.59%
Annual Growth Rate 8.8%
5-Year Change -24.5%
10-Year Change -50.87%
Growth Volatility 39.82

Allwin Telecommunication Co Ltd - Net Assets Trend (2004–2024)

This chart illustrates how Allwin Telecommunication 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 Allwin Telecommunication Co Ltd (2004–2024)

The table below shows the annual net assets of Allwin Telecommunication Co Ltd from 2004 to 2024.

Year Net Assets Change
2024-12-31 CN¥325.23 Million +1.99%
2023-12-31 CN¥318.89 Million -8.85%
2022-12-31 CN¥349.84 Million -13.20%
2021-12-31 CN¥403.02 Million -6.45%
2020-12-31 CN¥430.79 Million -27.98%
2019-12-31 CN¥598.19 Million +8.58%
2018-12-31 CN¥550.89 Million -19.85%
2017-12-31 CN¥687.32 Million +1.54%
2016-12-31 CN¥676.93 Million +2.25%
2015-12-31 CN¥662.02 Million +0.18%
2014-12-31 CN¥660.86 Million +0.70%
2013-12-31 CN¥656.25 Million -5.11%
2012-12-31 CN¥691.61 Million +3.62%
2011-12-31 CN¥667.46 Million +62.24%
2010-12-31 CN¥411.40 Million +4.62%
2009-12-31 CN¥393.24 Million +3.46%
2008-12-31 CN¥380.07 Million +162.60%
2007-12-31 CN¥144.74 Million +31.34%
2006-12-31 CN¥110.20 Million +35.30%
2005-12-31 CN¥81.45 Million +35.23%
2004-12-31 CN¥60.23 Million --

Equity Component Analysis

This analysis shows how different components contribute to Allwin Telecommunication 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 decreased by 728.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥346.85 Million 128.69%
Other Comprehensive Income CN¥43.36 Million 16.09%
Other Components CN¥111.88 Million 41.51%
Total Equity CN¥269.52 Million 100.00%

Allwin Telecommunication Co Ltd Competitors by Market Cap

The table below lists competitors of Allwin Telecommunication Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Allwin Telecommunication Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 315,636,107 to 269,521,384, a change of -46,114,723 (-14.6%).
  • Net loss of 46,114,722 reduced equity.
  • Dividend payments of 556,116 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-46.11 Million -17.11%
Dividends Paid CN¥556.12K -0.21%
Other Changes CN¥556.11K +0.21%
Total Change CN¥- -14.61%

Book Value vs Market Value Analysis

This analysis compares Allwin Telecommunication 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: 0.77x
  • 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.
  • The price-to-book ratio has decreased from 1.87x to 0.77x 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¥0.32 CN¥0.60 x
2005-12-31 CN¥0.42 CN¥0.60 x
2006-12-31 CN¥0.59 CN¥0.60 x
2007-12-31 CN¥0.60 CN¥0.60 x
2008-12-31 CN¥1.32 CN¥0.60 x
2009-12-31 CN¥1.23 CN¥0.60 x
2010-12-31 CN¥1.28 CN¥0.60 x
2011-12-31 CN¥2.08 CN¥0.60 x
2012-12-31 CN¥1.94 CN¥0.60 x
2013-12-31 CN¥1.80 CN¥0.60 x
2014-12-31 CN¥1.83 CN¥0.60 x
2015-12-31 CN¥1.84 CN¥0.60 x
2016-12-31 CN¥1.90 CN¥0.60 x
2017-12-31 CN¥1.93 CN¥0.60 x
2018-12-31 CN¥1.54 CN¥0.60 x
2019-12-31 CN¥1.68 CN¥0.60 x
2020-12-31 CN¥1.21 CN¥0.60 x
2021-12-31 CN¥1.15 CN¥0.60 x
2022-12-31 CN¥1.01 CN¥0.60 x
2023-12-31 CN¥0.91 CN¥0.60 x
2024-12-31 CN¥0.78 CN¥0.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Allwin Telecommunication 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): -17.11%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -15.83%
  • • Asset Turnover: 0.57x
  • • Equity Multiplier: 1.90x
  • Recent ROE (-17.11%) is below the historical average (1.68%), 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 16.94% 14.59% 0.72x 1.61x CN¥4.15 Million
2005 24.74% 16.03% 1.01x 1.53x CN¥11.54 Million
2006 28.58% 17.30% 0.97x 1.70x CN¥20.38 Million
2007 24.21% 17.93% 0.81x 1.67x CN¥20.56 Million
2008 5.27% 14.01% 0.31x 1.20x CN¥-17.99 Million
2009 6.07% 13.17% 0.38x 1.21x CN¥-15.46 Million
2010 7.01% 10.48% 0.54x 1.24x CN¥-12.28 Million
2011 8.76% 11.11% 0.64x 1.24x CN¥-8.30 Million
2012 7.36% 12.80% 0.50x 1.15x CN¥-18.25 Million
2013 -7.47% -14.11% 0.41x 1.28x CN¥-112.45 Million
2014 1.20% 1.78% 0.51x 1.31x CN¥-57.35 Million
2015 1.35% 2.27% 0.46x 1.29x CN¥-56.83 Million
2016 1.07% 1.51% 0.55x 1.29x CN¥-60.44 Million
2017 1.39% 1.90% 0.51x 1.45x CN¥-59.18 Million
2018 -24.12% -53.68% 0.32x 1.41x CN¥-187.95 Million
2019 8.01% 13.36% 0.46x 1.31x CN¥-11.88 Million
2020 -38.86% -60.11% 0.37x 1.74x CN¥-210.47 Million
2021 5.79% 4.16% 0.83x 1.69x CN¥-16.97 Million
2022 -15.20% -27.90% 0.33x 1.66x CN¥-88.17 Million
2023 -9.81% -13.16% 0.44x 1.71x CN¥-62.52 Million
2024 -17.11% -15.83% 0.57x 1.90x CN¥-73.07 Million

Industry Comparison

This section compares Allwin Telecommunication 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
Allwin Telecommunication Co Ltd (002231) CN¥87.64 Million 16.94% 1.81x $22.63 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