Hubei Yingtong Telecommunication Cable Co Ltd (002861) - Net Assets
Based on the latest financial reports, Hubei Yingtong Telecommunication Cable Co Ltd (002861) has net assets worth CN¥1.03 Billion CNY (≈ $151.07 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¥1.55 Billion ≈ $227.52 Million USD) and total liabilities (CN¥522.44 Million ≈ $76.45 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 tangible net worth ratio of Hubei Yingtong Telecommunication Cable C to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.03 Billion |
| % of Total Assets | 66.4% |
| Annual Growth Rate | 22.14% |
| 5-Year Change | 3.16% |
| 10-Year Change | 89.39% |
| Growth Volatility | 59.39 |
Hubei Yingtong Telecommunication Cable Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Hubei Yingtong Telecommunication Cable Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Hubei Yingtong Telecommunication Cable C to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hubei Yingtong Telecommunication Cable Co Ltd (2011–2025)
The table below shows the annual net assets of Hubei Yingtong Telecommunication Cable Co Ltd from 2011 to 2025. For live valuation and market cap data, see Hubei Yingtong Telecommunication Cable C market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.06 Billion ≈ $155.81 Million |
-8.30% |
| 2024-12-31 | CN¥1.16 Billion ≈ $169.92 Million |
+37.58% |
| 2023-12-31 | CN¥844.02 Million ≈ $123.51 Million |
-8.02% |
| 2022-12-31 | CN¥917.60 Million ≈ $134.27 Million |
-11.09% |
| 2021-12-31 | CN¥1.03 Billion ≈ $151.03 Million |
-4.01% |
| 2020-12-31 | CN¥1.08 Billion ≈ $157.33 Million |
+2.14% |
| 2019-12-31 | CN¥1.05 Billion ≈ $154.04 Million |
+5.67% |
| 2018-12-31 | CN¥996.17 Million ≈ $145.77 Million |
-4.43% |
| 2017-12-31 | CN¥1.04 Billion ≈ $152.52 Million |
+85.39% |
| 2016-12-31 | CN¥562.21 Million ≈ $82.27 Million |
+15.93% |
| 2015-12-31 | CN¥484.96 Million ≈ $70.96 Million |
+14.37% |
| 2014-12-31 | CN¥424.02 Million ≈ $62.05 Million |
+33.10% |
| 2013-12-31 | CN¥318.57 Million ≈ $46.62 Million |
+52.67% |
| 2012-12-31 | CN¥208.66 Million ≈ $30.53 Million |
+222.33% |
| 2011-12-31 | CN¥64.74 Million ≈ $9.47 Million |
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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 507.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥119.38 Million | 11.21% |
| Other Components | CN¥945.51 Million | 88.79% |
| Total Equity | CN¥1.06 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 |
|---|---|
|
CoinShares International Ltd
ST:CS
|
$509.93 Million |
|
Zhejiang Cheng Yi Pharmaceutical Co Ltd
SHG:603811
|
$510.08 Million |
|
Beijing Hanbang Technology Corp
SHE:300449
|
$510.10 Million |
|
Taekwang Ind
KO:003240
|
$510.47 Million |
|
Posiflex Technology Inc
TW:8114
|
$509.59 Million |
|
Zhewen Pictures Group Co Ltd
SHG:601599
|
$509.47 Million |
|
Xiamen Sunrise Wheel Group Co Ltd
SHE:002593
|
$509.34 Million |
|
TrueLight
TWO:3234
|
$509.25 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 2024 to 2025, total equity changed from 1,161,174,780 to 1,064,883,707, a change of -96,291,073 (-8.3%).
- Net loss of 70,286,405 reduced equity.
- Dividend payments of 24,911,008 reduced retained earnings.
- Other comprehensive income decreased equity by 59,730,050.
- Other factors increased equity by 58,636,390.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-70.29 Million | -6.6% |
| Dividends Paid | CN¥24.91 Million | -2.34% |
| Other Comprehensive Income | CN¥-59.73 Million | -5.61% |
| Other Changes | CN¥58.64 Million | +5.51% |
| Total Change | CN¥- | -8.29% |
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: 3.27x
- 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 30.08x to 3.27x 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¥18.70 | x |
| 2012-12-31 | CN¥1.92 | CN¥18.70 | x |
| 2013-12-31 | CN¥2.76 | CN¥18.70 | x |
| 2014-12-31 | CN¥3.54 | CN¥18.70 | x |
| 2015-12-31 | CN¥4.05 | CN¥18.70 | x |
| 2016-12-31 | CN¥4.69 | CN¥18.70 | x |
| 2017-12-31 | CN¥7.09 | CN¥18.70 | x |
| 2018-12-31 | CN¥6.30 | CN¥18.70 | x |
| 2019-12-31 | CN¥6.59 | CN¥18.70 | x |
| 2020-12-31 | CN¥6.94 | CN¥18.70 | x |
| 2021-12-31 | CN¥6.53 | CN¥18.70 | x |
| 2022-12-31 | CN¥5.93 | CN¥18.70 | x |
| 2023-12-31 | CN¥5.45 | CN¥18.70 | x |
| 2024-12-31 | CN¥6.90 | CN¥18.70 | x |
| 2025-12-31 | CN¥5.72 | CN¥18.70 | 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): -6.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.34%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.45x
- Recent ROE (-6.60%) is below the historical average (11.99%), 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% | -16.22% | 0.46x | 1.73x | CN¥-209.37 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 |
| 2025 | -6.60% | -8.34% | 0.54x | 1.45x | CN¥-176.77 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: $1,668,860,588
- Average return on equity (ROE) among peers: -18.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hubei Yingtong Telecommunication Cable Co Ltd (002861) | CN¥1.03 Billion | 28.46% | 0.51x | $509.75 Million |
| ZTE Corp (000063) | $42.55 Million | 189.70% | 2.42x | $22.33 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $2.88 Billion | 11.20% | 1.46x | $2.73 Billion |
| Addsino Co Ltd (000547) | $5.57 Billion | 3.88% | 0.24x | $4.61 Billion |
| Sichuan Huiyuan Optical Com (000586) | $260.80 Million | 1.16% | 1.11x | $431.95 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $1.39 Billion | -102.15% | 5.62x | $401.25 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $178.59 Million | 6.04% | 0.38x | $1.72 Billion |
| Skyworth Digital Co Ltd (000810) | $4.56 Billion | 9.25% | 1.46x | $2.07 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $820.93 Million | -279.00% | 4.69x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $870.26 Million | -47.89% | 2.43x | $930.39 Million |
| Sunwave Communications Co Ltd (002115) | $112.36 Million | 24.04% | 1.27x | $1.39 Billion |
About 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