Hubei Yingtong Telecommunication Cable Co Ltd
YingTong Telecommunication Co.,Ltd. engages in the research, development, production, marketing, and sale of communication cables, and headphone cables and accessories in China and internationally. The company offers communication cables, such as enamel wires, earphone cables, luminous/reflective cables, special shape cables, teflon cables, medical cables, USB, and HDMI cables; data cables; earph… Read more
Hubei Yingtong Telecommunication Cable Co Ltd (002861) - Net Assets
Latest net assets as of September 2025: CN¥1.10 Billion CNY
Based on the latest financial reports, Hubei Yingtong Telecommunication Cable Co Ltd (002861) has net assets worth CN¥1.10 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¥1.60 Billion) and total liabilities (CN¥494.06 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¥1.10 Billion |
| % of Total Assets | 69.03% |
| Annual Growth Rate | 24.86% |
| 5-Year Change | 8.0% |
| 10-Year Change | 139.44% |
| Growth Volatility | 60.59 |
Hubei Yingtong Telecommunication Cable Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Hubei Yingtong Telecommunication 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 Hubei Yingtong Telecommunication Cable Co Ltd (2011–2024)
The table below shows the annual net assets of Hubei Yingtong Telecommunication Cable Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.16 Billion | +37.58% |
| 2023-12-31 | CN¥844.02 Million | -8.02% |
| 2022-12-31 | CN¥917.60 Million | -11.09% |
| 2021-12-31 | CN¥1.03 Billion | -4.01% |
| 2020-12-31 | CN¥1.08 Billion | +2.14% |
| 2019-12-31 | CN¥1.05 Billion | +5.67% |
| 2018-12-31 | CN¥996.17 Million | -4.43% |
| 2017-12-31 | CN¥1.04 Billion | +85.39% |
| 2016-12-31 | CN¥562.21 Million | +15.93% |
| 2015-12-31 | CN¥484.96 Million | +14.37% |
| 2014-12-31 | CN¥424.02 Million | +33.10% |
| 2013-12-31 | CN¥318.57 Million | +52.67% |
| 2012-12-31 | CN¥208.66 Million | +222.33% |
| 2011-12-31 | CN¥64.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hubei Yingtong Telecommunication 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 965.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥209.23 Million | 18.02% |
| Common Stock | CN¥186.28 Million | 16.04% |
| Other Comprehensive Income | CN¥59.73 Million | 5.14% |
| Other Components | CN¥705.93 Million | 60.79% |
| Total Equity | CN¥1.16 Billion | 100.00% |
Hubei Yingtong Telecommunication Cable Co Ltd Competitors by Market Cap
The table below lists competitors of Hubei Yingtong Telecommunication Cable Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shaanxi Broadcast & TV Network Intermediary Group Co Ltd
SHG:600831
|
$264.87 Million |
|
ZINZINO AB B
F:9EE
|
$264.88 Million |
|
Jinhong Fashion Group Co Ltd
SHG:603518
|
$264.90 Million |
|
JK Paper Limited
NSE:JKPAPER
|
$264.91 Million |
|
Prosegur
MC:PSG
|
$264.76 Million |
|
Blue Water Acquisition Corp. III Class A Ordinary Shares
NASDAQ:BLUW
|
$264.73 Million |
|
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A
SHG:603173
|
$264.71 Million |
|
Acco Brands Corporation
NYSE:ACCO
|
$264.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hubei Yingtong Telecommunication Cable Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 844,024,701 to 1,161,174,780, a change of 317,150,079 (37.6%).
- Net income of 13,454,475 contributed positively to equity growth.
- Dividend payments of 37,172,570 reduced retained earnings.
- Other comprehensive income increased equity by 58,387,541.
- Other factors increased equity by 282,480,633.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥13.45 Million | +1.16% |
| Dividends Paid | CN¥37.17 Million | -3.2% |
| Other Comprehensive Income | CN¥58.39 Million | +5.03% |
| Other Changes | CN¥282.48 Million | +24.33% |
| Total Change | CN¥- | 37.58% |
Book Value vs Market Value Analysis
This analysis compares Hubei Yingtong Telecommunication 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: 2.59x
- 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 28.75x to 2.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.62 | CN¥17.87 | x |
| 2012-12-31 | CN¥1.92 | CN¥17.87 | x |
| 2013-12-31 | CN¥2.76 | CN¥17.87 | x |
| 2014-12-31 | CN¥3.55 | CN¥17.87 | x |
| 2015-12-31 | CN¥4.05 | CN¥17.87 | x |
| 2016-12-31 | CN¥4.69 | CN¥17.87 | x |
| 2017-12-31 | CN¥7.09 | CN¥17.87 | x |
| 2018-12-31 | CN¥6.30 | CN¥17.87 | x |
| 2019-12-31 | CN¥6.59 | CN¥17.87 | x |
| 2020-12-31 | CN¥6.79 | CN¥17.87 | x |
| 2021-12-31 | CN¥6.53 | CN¥17.87 | x |
| 2022-12-31 | CN¥5.90 | CN¥17.87 | x |
| 2023-12-31 | CN¥5.45 | CN¥17.87 | x |
| 2024-12-31 | CN¥6.90 | CN¥17.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hubei Yingtong Telecommunication 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): 1.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.65%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.42x
- Recent ROE (1.16%) is below the historical average (13.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 28.46% | 11.92% | 0.88x | 2.71x | CN¥11.95 Million |
| 2012 | 47.56% | 18.61% | 1.21x | 2.12x | CN¥78.24 Million |
| 2013 | 30.63% | 19.46% | 1.23x | 1.28x | CN¥65.71 Million |
| 2014 | 32.47% | 22.20% | 1.13x | 1.29x | CN¥95.26 Million |
| 2015 | 27.75% | 17.48% | 1.24x | 1.28x | CN¥86.06 Million |
| 2016 | 18.53% | 17.20% | 0.88x | 1.22x | CN¥47.93 Million |
| 2017 | 8.24% | 11.89% | 0.61x | 1.14x | CN¥-18.27 Million |
| 2018 | 6.47% | 7.19% | 0.63x | 1.44x | CN¥-35.13 Million |
| 2019 | 6.77% | 6.43% | 0.80x | 1.32x | CN¥-34.05 Million |
| 2020 | 4.18% | 3.72% | 0.69x | 1.64x | CN¥-62.59 Million |
| 2021 | -3.52% | -3.47% | 0.63x | 1.62x | CN¥-139.56 Million |
| 2022 | -12.82% | -16.23% | 0.46x | 1.73x | CN¥-209.39 Million |
| 2023 | -9.36% | -10.48% | 0.46x | 1.95x | CN¥-163.44 Million |
| 2024 | 1.16% | 1.65% | 0.49x | 1.42x | CN¥-102.66 Million |
Industry Comparison
This section compares Hubei Yingtong Telecommunication Cable Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,573,613,146
- Average return on equity (ROE) among peers: 12.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hubei Yingtong Telecommunication Cable Co Ltd (002861) | CN¥1.10 Billion | 28.46% | 0.45x | $264.83 Million |
| Addsino Co Ltd (000547) | $459.32 Million | -8.36% | 1.39x | $3.78 Billion |
| Sichuan Huiyuan Optical Com (000586) | $184.09 Million | 30.13% | 1.87x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.37 Billion | 7.22% | 1.20x | $346.82 Million |
| Skyworth Digital Co Ltd (000810) | $4.56 Billion | 9.25% | 1.46x | $692.30 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $367.40 Million | 0.91% | 0.54x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $786.42 Million | 13.77% | 1.77x | $857.30 Million |
| Sunwave Communications Co Ltd (002115) | $2.57 Billion | 0.68% | 0.81x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $390.74 Million | 13.95% | 0.23x | $668.37 Million |
| Bus Online Co Ltd (002188) | $112.36 Million | 54.84% | 1.24x | $193.28 Million |
| Wuhan Fingu Electronic Technology Co Ltd (002194) | $1.94 Billion | 2.51% | 0.18x | $656.36 Million |