Fujian Nanping Sun Cable Co Ltd (002300) - Net Assets
Based on the latest financial reports, Fujian Nanping Sun Cable Co Ltd (002300) has net assets worth CN¥2.29 Billion CNY (≈ $335.23 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¥6.56 Billion ≈ $960.41 Million USD) and total liabilities (CN¥4.27 Billion ≈ $625.19 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 Fujian Nanping Sun Cable Co Ltd (002300) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.29 Billion |
| % of Total Assets | 34.9% |
| Annual Growth Rate | 13.02% |
| 5-Year Change | 22.81% |
| 10-Year Change | 63.6% |
| Growth Volatility | 54.23 |
Fujian Nanping Sun Cable Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Fujian Nanping Sun Cable Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Fujian Nanping Sun Cable Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Fujian Nanping Sun Cable Co Ltd (2006–2025)
The table below shows the annual net assets of Fujian Nanping Sun Cable Co Ltd from 2006 to 2025. For live valuation and market cap data, see Fujian Nanping Sun Cable Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.29 Billion ≈ $335.02 Million |
-0.16% |
| 2024-12-31 | CN¥2.29 Billion ≈ $335.56 Million |
-1.20% |
| 2023-12-31 | CN¥2.32 Billion ≈ $339.62 Million |
+6.98% |
| 2022-12-31 | CN¥2.17 Billion ≈ $317.45 Million |
+16.37% |
| 2021-12-31 | CN¥1.86 Billion ≈ $272.80 Million |
+8.23% |
| 2020-12-31 | CN¥1.72 Billion ≈ $252.05 Million |
+9.73% |
| 2019-12-31 | CN¥1.57 Billion ≈ $229.71 Million |
+11.04% |
| 2018-12-31 | CN¥1.41 Billion ≈ $206.88 Million |
+1.33% |
| 2017-12-31 | CN¥1.40 Billion ≈ $204.17 Million |
-0.30% |
| 2016-12-31 | CN¥1.40 Billion ≈ $204.78 Million |
+5.38% |
| 2015-12-31 | CN¥1.33 Billion ≈ $194.32 Million |
+4.69% |
| 2014-12-31 | CN¥1.27 Billion ≈ $185.62 Million |
+5.55% |
| 2013-12-31 | CN¥1.20 Billion ≈ $175.87 Million |
+2.30% |
| 2012-12-31 | CN¥1.17 Billion ≈ $171.92 Million |
+3.43% |
| 2011-12-31 | CN¥1.14 Billion ≈ $166.22 Million |
+3.40% |
| 2010-12-31 | CN¥1.10 Billion ≈ $160.75 Million |
+5.28% |
| 2009-12-31 | CN¥1.04 Billion ≈ $152.69 Million |
+247.84% |
| 2008-12-31 | CN¥299.99 Million ≈ $43.90 Million |
+9.11% |
| 2007-12-31 | CN¥274.95 Million ≈ $40.23 Million |
+22.93% |
| 2006-12-31 | CN¥223.66 Million ≈ $32.73 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian Nanping Sun Cable 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 699.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥499.84 Million | 26.40% |
| Other Components | CN¥1.39 Billion | 73.60% |
| Total Equity | CN¥1.89 Billion | 100.00% |
Fujian Nanping Sun Cable Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Nanping Sun Cable Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HangZhou Radical Energy Saving Technology Co Ltd
SHE:300652
|
$772.77 Million |
|
Shandong Weida Machinery Co Ltd
SHE:002026
|
$772.92 Million |
|
Dalian Demaishi Precision Technology Co.Ltd
SHE:301007
|
$773.01 Million |
|
Mid Penn Bancorp
NASDAQ:MPB
|
$773.16 Million |
|
Lotte Reit Co Ltd
KO:330590
|
$772.55 Million |
|
Rastar Group
SHE:300043
|
$771.96 Million |
|
MedCap AB (publ)
ST:MCAP
|
$771.94 Million |
|
Shanghai Holystar Information Technology Co. Ltd. A
SHG:688330
|
$771.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Nanping Sun Cable Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,883,642,000 to 1,893,641,244, a change of 9,999,244 (0.5%).
- Net income of 83,145,346 contributed positively to equity growth.
- Dividend payments of 123,802,297 reduced retained earnings.
- Other comprehensive income decreased equity by 313,414,029.
- Other factors increased equity by 364,070,225.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥83.15 Million | +4.39% |
| Dividends Paid | CN¥123.80 Million | -6.54% |
| Other Comprehensive Income | CN¥-313.41 Million | -16.55% |
| Other Changes | CN¥364.07 Million | +19.23% |
| Total Change | CN¥- | 0.53% |
Book Value vs Market Value Analysis
This analysis compares Fujian Nanping Sun Cable 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: 2.79x
- 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 17.67x to 2.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.41 | CN¥7.31 | x |
| 2007-12-31 | CN¥0.51 | CN¥7.31 | x |
| 2008-12-31 | CN¥0.55 | CN¥7.31 | x |
| 2009-12-31 | CN¥1.84 | CN¥7.31 | x |
| 2010-12-31 | CN¥1.47 | CN¥7.31 | x |
| 2011-12-31 | CN¥1.52 | CN¥7.31 | x |
| 2012-12-31 | CN¥1.56 | CN¥7.31 | x |
| 2013-12-31 | CN¥1.62 | CN¥7.31 | x |
| 2014-12-31 | CN¥1.70 | CN¥7.31 | x |
| 2015-12-31 | CN¥1.75 | CN¥7.31 | x |
| 2016-12-31 | CN¥1.88 | CN¥7.31 | x |
| 2017-12-31 | CN¥1.84 | CN¥7.31 | x |
| 2018-12-31 | CN¥1.85 | CN¥7.31 | x |
| 2019-12-31 | CN¥2.05 | CN¥7.31 | x |
| 2020-12-31 | CN¥2.22 | CN¥7.31 | x |
| 2021-12-31 | CN¥2.32 | CN¥7.31 | x |
| 2022-12-31 | CN¥2.48 | CN¥7.31 | x |
| 2023-12-31 | CN¥2.63 | CN¥7.31 | x |
| 2024-12-31 | CN¥2.61 | CN¥7.31 | x |
| 2025-12-31 | CN¥2.62 | CN¥7.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Nanping Sun Cable 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): 4.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.69%
- • Asset Turnover: 1.88x
- • Equity Multiplier: 3.38x
- Recent ROE (4.39%) is below the historical average (12.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 30.43% | 5.11% | 2.10x | 2.84x | CN¥45.55 Million |
| 2007 | 25.54% | 3.47% | 2.42x | 3.05x | CN¥42.73 Million |
| 2008 | 18.06% | 2.48% | 2.64x | 2.76x | CN¥24.18 Million |
| 2009 | 10.42% | 7.07% | 1.03x | 1.44x | CN¥4.40 Million |
| 2010 | 11.25% | 5.12% | 1.19x | 1.85x | CN¥13.27 Million |
| 2011 | 11.38% | 3.58% | 1.37x | 2.32x | CN¥15.11 Million |
| 2012 | 11.09% | 3.30% | 1.47x | 2.29x | CN¥12.31 Million |
| 2013 | 11.98% | 4.13% | 1.29x | 2.25x | CN¥22.91 Million |
| 2014 | 13.63% | 4.96% | 1.21x | 2.27x | CN¥44.37 Million |
| 2015 | 14.19% | 5.03% | 1.18x | 2.39x | CN¥53.49 Million |
| 2016 | 11.61% | 4.46% | 1.13x | 2.30x | CN¥21.53 Million |
| 2017 | 7.67% | 2.49% | 1.26x | 2.44x | CN¥-30.94 Million |
| 2018 | 8.44% | 2.21% | 1.34x | 2.85x | CN¥-20.87 Million |
| 2019 | 13.11% | 2.78% | 1.77x | 2.67x | CN¥46.02 Million |
| 2020 | 11.86% | 2.39% | 1.98x | 2.50x | CN¥29.77 Million |
| 2021 | 9.45% | 1.41% | 2.56x | 2.61x | CN¥-9.16 Million |
| 2022 | 11.90% | 1.63% | 2.42x | 3.02x | CN¥34.01 Million |
| 2023 | 9.29% | 1.30% | 2.16x | 3.30x | CN¥-13.50 Million |
| 2024 | 4.83% | 0.66% | 2.22x | 3.29x | CN¥-97.46 Million |
| 2025 | 4.39% | 0.69% | 1.88x | 3.38x | CN¥-106.22 Million |
Industry Comparison
This section compares Fujian Nanping Sun Cable Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,962,958,871
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Nanping Sun Cable Co Ltd (002300) | CN¥2.29 Billion | 30.43% | 1.86x | $772.67 Million |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $656.70 Million | 10.00% | 3.24x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.57 Billion | 1.54% | 1.62x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $684.66 Million | 5.90% | 0.54x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $102.42 Million | 12.86% | 0.78x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $87.88 Million | 21.99% | 1.03x | $7.89 Billion |
About Fujian Nanping Sun Cable Co Ltd
Fujian Nanping Sun Cable Co., Ltd. engages in research and manufacturing of wires and cables in China. The company offers aluminum alloy conductor cross-linked polyethylene insulated power cables, rubber sheathed flexible cable, control cable, PVC insulated wire and power cable, overhead insulated cable, photovoltaic cable, irradiation cross-linked halogen-free low-smoke flame-retardant polyolefi… Read more