Jiangsu Zhongchao Cable Co Ltd Net Assets
Jiangsu Zhongchao Cable Co Ltd net assets. Based on the latest financial reports, Jiangsu Zhongchao Cable Co Ltd (002471) has net assets worth CN¥1.84 Billion CNY (≈ $268.73 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¥5.41 Billion ≈ $791.53 Million USD) and total liabilities (CN¥3.57 Billion ≈ $522.80 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. Also explore Jiangsu Zhongchao Cable Co Ltd (002471) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.84 Billion |
| % of Total Assets | 33.95% |
| Annual Growth Rate | 14.59% |
| 5-Year Change | 29.78% |
| 10-Year Change | -36.21% |
| Growth Volatility | 69.49 |
Net Assets of Jiangsu Zhongchao Cable Co Ltd (2007–2025)
Net assets of Jiangsu Zhongchao Cable Co Ltd from 2007 to 2025. This chart illustrates how Jiangsu Zhongchao Cable Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002471 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Jiangsu Zhongchao Cable Co Ltd (2007–2025)
The table below shows the annual net assets of Jiangsu Zhongchao Cable Co Ltd from 2007 to 2025. For live market cap and overall valuation, see Jiangsu Zhongchao Cable Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.83 Billion ≈ $268.06 Million |
+4.62% |
| 2024-12-31 | CN¥1.75 Billion ≈ $256.21 Million |
+3.69% |
| 2023-12-31 | CN¥1.69 Billion ≈ $247.11 Million |
+20.32% |
| 2022-12-31 | CN¥1.40 Billion ≈ $205.37 Million |
-0.57% |
| 2021-12-31 | CN¥1.41 Billion ≈ $206.56 Million |
-4.68% |
| 2020-12-31 | CN¥1.48 Billion ≈ $216.70 Million |
-14.16% |
| 2019-12-31 | CN¥1.73 Billion ≈ $252.44 Million |
-29.54% |
| 2018-12-31 | CN¥2.45 Billion ≈ $358.26 Million |
-14.53% |
| 2017-12-31 | CN¥2.86 Billion ≈ $419.16 Million |
-0.25% |
| 2016-12-31 | CN¥2.87 Billion ≈ $420.23 Million |
+6.79% |
| 2015-12-31 | CN¥2.69 Billion ≈ $393.49 Million |
+20.63% |
| 2014-12-31 | CN¥2.23 Billion ≈ $326.19 Million |
+6.29% |
| 2013-12-31 | CN¥2.10 Billion ≈ $306.89 Million |
+9.80% |
| 2012-12-31 | CN¥1.91 Billion ≈ $279.50 Million |
+111.88% |
| 2011-12-31 | CN¥901.47 Million ≈ $131.91 Million |
+6.52% |
| 2010-12-31 | CN¥846.27 Million ≈ $123.84 Million |
+287.23% |
| 2009-12-31 | CN¥218.54 Million ≈ $31.98 Million |
+10.64% |
| 2008-12-31 | CN¥197.52 Million ≈ $28.90 Million |
+25.20% |
| 2007-12-31 | CN¥157.77 Million ≈ $23.09 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 709.6% over the analyzed period, indicating profitable operations and earnings retention.
Jiangsu Zhongchao Cable Co Ltd Net Assets Breakdown (December 2025)
Jiangsu Zhongchao Cable Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥193.52 Million | 10.75% |
| Other Components | CN¥1.61 Billion | 89.25% |
| Total Equity | CN¥1.80 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 |
|---|---|
|
Supalai Public Company Limited
BK:SPALI
|
$930.67 Million |
|
Latigo Biotherapeutics, Inc. Common Stock
NASDAQ:LTGO
|
$930.84 Million |
|
Xiangyu Medical Co. Ltd. A
SHG:688626
|
$930.90 Million |
|
China Animal Husbandry Industry Co Ltd
SHG:600195
|
$930.92 Million |
|
Zhejiang JW Precision Machinery Co.Ltd
SHE:300984
|
$929.06 Million |
|
GuangYuYuan Chinese Herbal Medicine Co Ltd
SHG:600771
|
$929.01 Million |
|
Dynamatic Technologies Limited
NSE:DYNAMATECH
|
$928.96 Million |
|
Max Zipper Co Ltd
TWO:8932
|
$928.27 Million |
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 2024 to 2025, total equity changed from 1,716,421,000 to 1,799,471,263, a change of 83,050,263 (4.8%).
- Net loss of 22,648,086 reduced equity.
- Dividend payments of 77,936,362 reduced retained earnings.
- Other comprehensive income decreased equity by 11,660,796.
- Other factors increased equity by 195,295,507.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-22.65 Million | -1.26% |
| Dividends Paid | CN¥77.94 Million | -4.33% |
| Other Comprehensive Income | CN¥-11.66 Million | -0.65% |
| Other Changes | CN¥195.30 Million | +10.85% |
| Total Change | CN¥- | 4.84% |
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: 3.53x
- 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 22.33x to 3.53x 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¥4.64 | x |
| 2008-12-31 | CN¥0.25 | CN¥4.64 | x |
| 2009-12-31 | CN¥0.28 | CN¥4.64 | x |
| 2010-12-31 | CN¥0.96 | CN¥4.64 | x |
| 2011-12-31 | CN¥0.85 | CN¥4.64 | x |
| 2012-12-31 | CN¥1.42 | CN¥4.64 | x |
| 2013-12-31 | CN¥1.27 | CN¥4.64 | x |
| 2014-12-31 | CN¥1.30 | CN¥4.64 | x |
| 2015-12-31 | CN¥1.35 | CN¥4.64 | x |
| 2016-12-31 | CN¥1.43 | CN¥4.64 | x |
| 2017-12-31 | CN¥1.49 | CN¥4.64 | x |
| 2018-12-31 | CN¥1.52 | CN¥4.64 | x |
| 2019-12-31 | CN¥1.14 | CN¥4.64 | x |
| 2020-12-31 | CN¥1.13 | CN¥4.64 | x |
| 2021-12-31 | CN¥1.08 | CN¥4.64 | x |
| 2022-12-31 | CN¥1.08 | CN¥4.64 | x |
| 2023-12-31 | CN¥1.29 | CN¥4.64 | x |
| 2024-12-31 | CN¥1.35 | CN¥4.64 | x |
| 2025-12-31 | CN¥1.31 | CN¥4.64 | 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): -1.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.44%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 2.91x
- Recent ROE (-1.26%) is below the historical average (5.28%), 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¥-69.61 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 | -32.08% | -6.27% | 1.15x | 4.43x | CN¥-607.19 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 |
| 2025 | -1.26% | -0.44% | 0.99x | 2.91x | CN¥-202.60 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: $5,106,825,807
- Average return on equity (ROE) among peers: 10.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Zhongchao Cable Co Ltd (002471) | CN¥1.84 Billion | 14.81% | 1.95x | $929.36 Million |
| XJ Electric Co Ltd (000400) | $10.16 Billion | 7.13% | 0.74x | $3.67 Billion |
| Guangdong Macro Co Ltd (000533) | $971.33 Million | 13.39% | 1.48x | $897.66 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.81 Billion | 9.38% | 0.11x | $896.07 Million |
| Dongfang Electronics Co Ltd (000682) | $1.11 Billion | 27.28% | 0.16x | $1.94 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $194.12 Million | 25.93% | 1.72x | $582.87 Million |
| Huagong Tech Co Ltd (000988) | $1.16 Billion | 4.84% | 1.06x | $9.54 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.15 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.09 Billion | 17.92% | 0.33x | $13.11 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.06 Million | -9.17% | 0.66x | $487.83 Million |
| Gotion High tech Co Ltd (002074) | $29.90 Billion | 4.04% | 2.61x | $6.41 Billion |
About Jiangsu Zhongchao Cable Co Ltd
Jiangsu Zhongchao Holding Co., Ltd. engages in the research, development, production, sale, and servicing of wires and cables in China and internationally. The company offers electrical equipment wires and cables, bare wires and cable materials, and cable accessories; 1-35kV cross-linked polyethylene insulated power cables, medium and low voltage power cables, 66kV and above high-voltage cross-li… Read more