Jiangsu Zhongchao Cable Co Ltd
Jiangsu Zhongchao Holding Co., Ltd. engages in the research and development, production, sales and services of wires and cables in China. The company offers polyvinyl chloride insulated, cross-linked polyethylene, insulated overhead cable, parallel bundled overhead, plastic insulated control cable, rated cable 450/750V and below, silicone rubber insulated power, fluoroplastic insulated power; con… Read more
Jiangsu Zhongchao Cable Co Ltd (002471) - Net Assets
Latest net assets as of September 2025: CN¥1.78 Billion CNY
Based on the latest financial reports, Jiangsu Zhongchao Cable Co Ltd (002471) has net assets worth CN¥1.78 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¥5.34 Billion) and total liabilities (CN¥3.56 Billion). 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¥1.78 Billion |
| % of Total Assets | 33.28% |
| Annual Growth Rate | 15.21% |
| 5-Year Change | 18.23% |
| 10-Year Change | -34.89% |
| Growth Volatility | 71.33 |
Jiangsu Zhongchao Cable Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Jiangsu Zhongchao Cable 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 Jiangsu Zhongchao Cable Co Ltd (2007–2024)
The table below shows the annual net assets of Jiangsu Zhongchao Cable Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.75 Billion | +3.69% |
| 2023-12-31 | CN¥1.69 Billion | +20.32% |
| 2022-12-31 | CN¥1.40 Billion | -0.57% |
| 2021-12-31 | CN¥1.41 Billion | -4.68% |
| 2020-12-31 | CN¥1.48 Billion | -14.16% |
| 2019-12-31 | CN¥1.73 Billion | -29.54% |
| 2018-12-31 | CN¥2.45 Billion | -14.53% |
| 2017-12-31 | CN¥2.86 Billion | -0.25% |
| 2016-12-31 | CN¥2.87 Billion | +6.79% |
| 2015-12-31 | CN¥2.69 Billion | +20.63% |
| 2014-12-31 | CN¥2.23 Billion | +6.29% |
| 2013-12-31 | CN¥2.10 Billion | +9.80% |
| 2012-12-31 | CN¥1.91 Billion | +111.88% |
| 2011-12-31 | CN¥901.47 Million | +6.52% |
| 2010-12-31 | CN¥846.27 Million | +287.23% |
| 2009-12-31 | CN¥218.54 Million | +10.64% |
| 2008-12-31 | CN¥197.52 Million | +25.20% |
| 2007-12-31 | CN¥157.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Zhongchao 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 871.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥232.24 Million | 13.53% |
| Common Stock | CN¥1.37 Billion | 79.76% |
| Other Comprehensive Income | CN¥11.66 Million | 0.68% |
| Other Components | CN¥103.52 Million | 6.03% |
| Total Equity | CN¥1.72 Billion | 100.00% |
Jiangsu Zhongchao Cable Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Zhongchao Cable Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
$1.26 Billion |
|
Wallenstam AB Series B
LSE:0R7Y
|
$1.26 Billion |
|
Doosan Robotics Inc.
KO:454910
|
$1.26 Billion |
|
Cheng Shin Rubber Ind. Co Ltd
TW:2105
|
$1.26 Billion |
|
Wallenstam AB (publ)
ST:WALL-B
|
$1.26 Billion |
|
Radiant Opto-Electronics Corp
TW:6176
|
$1.26 Billion |
|
Nomad Foods Ltd
NYSE:NOMD
|
$1.26 Billion |
|
Bufab Holding AB
ST:BUFAB
|
$1.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Zhongchao Cable Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,651,486,000 to 1,716,421,000, a change of 64,935,000 (3.9%).
- Net loss of 21,404,000 reduced equity.
- Dividend payments of 126,876,000 reduced retained earnings.
- Other comprehensive income decreased equity by 16,513,204.
- Other factors increased equity by 229,728,204.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-21.40 Million | -1.25% |
| Dividends Paid | CN¥126.88 Million | -7.39% |
| Other Comprehensive Income | CN¥-16.51 Million | -0.96% |
| Other Changes | CN¥229.73 Million | +13.38% |
| Total Change | CN¥- | 3.93% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Zhongchao 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: 6.15x
- 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 39.89x to 6.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.21 | CN¥8.29 | x |
| 2008-12-31 | CN¥0.25 | CN¥8.29 | x |
| 2009-12-31 | CN¥0.28 | CN¥8.29 | x |
| 2010-12-31 | CN¥0.96 | CN¥8.29 | x |
| 2011-12-31 | CN¥0.85 | CN¥8.29 | x |
| 2012-12-31 | CN¥1.42 | CN¥8.29 | x |
| 2013-12-31 | CN¥1.27 | CN¥8.29 | x |
| 2014-12-31 | CN¥1.30 | CN¥8.29 | x |
| 2015-12-31 | CN¥1.35 | CN¥8.29 | x |
| 2016-12-31 | CN¥1.43 | CN¥8.29 | x |
| 2017-12-31 | CN¥1.49 | CN¥8.29 | x |
| 2018-12-31 | CN¥1.52 | CN¥8.29 | x |
| 2019-12-31 | CN¥1.14 | CN¥8.29 | x |
| 2020-12-31 | CN¥1.13 | CN¥8.29 | x |
| 2021-12-31 | CN¥1.08 | CN¥8.29 | x |
| 2022-12-31 | CN¥1.08 | CN¥8.29 | x |
| 2023-12-31 | CN¥1.30 | CN¥8.29 | x |
| 2024-12-31 | CN¥1.35 | CN¥8.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Zhongchao 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): -1.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.39%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 3.30x
- Recent ROE (-1.25%) is below the historical average (5.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 14.81% | 3.26% | 0.95x | 4.77x | CN¥7.04 Million |
| 2008 | 23.63% | 4.54% | 1.26x | 4.12x | CN¥26.15 Million |
| 2009 | 23.18% | 5.58% | 1.08x | 3.83x | CN¥28.80 Million |
| 2010 | 7.75% | 5.23% | 0.70x | 2.13x | CN¥-19.06 Million |
| 2011 | 9.15% | 4.43% | 0.82x | 2.53x | CN¥-7.48 Million |
| 2012 | 3.66% | 2.87% | 0.38x | 3.34x | CN¥-93.56 Million |
| 2013 | 10.39% | 3.71% | 0.85x | 3.29x | CN¥6.17 Million |
| 2014 | 6.32% | 2.13% | 0.80x | 3.71x | CN¥-60.35 Million |
| 2015 | 6.51% | 2.16% | 0.61x | 4.92x | CN¥-59.67 Million |
| 2016 | 6.17% | 1.80% | 0.73x | 4.69x | CN¥-69.60 Million |
| 2017 | 4.44% | 1.13% | 0.81x | 4.86x | CN¥-104.91 Million |
| 2018 | 4.44% | 1.12% | 0.94x | 4.24x | CN¥-106.95 Million |
| 2019 | -31.75% | -6.21% | 1.15x | 4.43x | CN¥-602.45 Million |
| 2020 | 0.76% | 0.20% | 0.99x | 3.83x | CN¥-132.58 Million |
| 2021 | 2.00% | 0.47% | 1.03x | 4.16x | CN¥-109.75 Million |
| 2022 | -3.50% | -0.81% | 1.04x | 4.13x | CN¥-184.86 Million |
| 2023 | 15.20% | 4.11% | 1.08x | 3.44x | CN¥85.89 Million |
| 2024 | -1.25% | -0.39% | 0.97x | 3.30x | CN¥-193.05 Million |
Industry Comparison
This section compares Jiangsu Zhongchao 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: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Zhongchao Cable Co Ltd (002471) | CN¥1.78 Billion | 14.81% | 2.00x | $1.26 Billion |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |