Nanjing Putian Telecommunications Co Ltd Class B (200468) - Net Assets
Based on the latest financial reports, Nanjing Putian Telecommunications Co Ltd Class B (200468) has net assets worth HK$84.95 Million HKD (≈ $10.84 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$691.78 Million ≈ $88.31 Million USD) and total liabilities (HK$606.83 Million ≈ $77.46 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 200468 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | HK$84.95 Million |
| % of Total Assets | 12.28% |
| Annual Growth Rate | -0.27% |
| 5-Year Change | -67.64% |
| 10-Year Change | -78.8% |
| Growth Volatility | 43.55 |
Nanjing Putian Telecommunications Co Ltd Class B - Net Assets Trend (1995–2024)
This chart illustrates how Nanjing Putian Telecommunications Co Ltd Class B's net assets have evolved over time, based on quarterly financial data. Also explore Nanjing Putian Telecommunications Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Nanjing Putian Telecommunications Co Ltd Class B (1995–2024)
The table below shows the annual net assets of Nanjing Putian Telecommunications Co Ltd Class B from 1995 to 2024. For live valuation and market cap data, see 200468 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | HK$95.93 Million ≈ $12.25 Million |
+14.45% |
| 2023-12-31 | HK$83.82 Million ≈ $10.70 Million |
-16.87% |
| 2022-12-31 | HK$100.83 Million ≈ $12.87 Million |
-30.28% |
| 2021-12-31 | HK$144.63 Million ≈ $18.46 Million |
-51.21% |
| 2020-12-31 | HK$296.44 Million ≈ $37.84 Million |
-1.22% |
| 2019-12-31 | HK$300.10 Million ≈ $38.31 Million |
-38.50% |
| 2018-12-31 | HK$488.00 Million ≈ $62.29 Million |
+3.58% |
| 2017-12-31 | HK$471.14 Million ≈ $60.14 Million |
+3.77% |
| 2016-12-31 | HK$454.02 Million ≈ $57.96 Million |
+0.32% |
| 2015-12-31 | HK$452.56 Million ≈ $57.77 Million |
-2.80% |
| 2014-12-31 | HK$465.57 Million ≈ $59.43 Million |
-0.62% |
| 2013-12-31 | HK$468.46 Million ≈ $59.80 Million |
+0.64% |
| 2012-12-31 | HK$465.46 Million ≈ $59.42 Million |
+1.42% |
| 2011-12-31 | HK$458.92 Million ≈ $58.58 Million |
+8.98% |
| 2010-12-31 | HK$421.11 Million ≈ $53.76 Million |
+8.22% |
| 2009-12-31 | HK$389.11 Million ≈ $49.67 Million |
+3.42% |
| 2008-12-31 | HK$376.25 Million ≈ $48.03 Million |
-1.37% |
| 2007-12-31 | HK$381.47 Million ≈ $48.70 Million |
+1.34% |
| 2006-12-31 | HK$376.41 Million ≈ $48.05 Million |
-1.38% |
| 2005-12-31 | HK$381.68 Million ≈ $48.72 Million |
+3.95% |
| 2004-12-31 | HK$367.17 Million ≈ $46.87 Million |
-6.92% |
| 2003-12-31 | HK$394.47 Million ≈ $50.36 Million |
+0.78% |
| 2002-12-31 | HK$391.41 Million ≈ $49.96 Million |
-13.39% |
| 2001-12-31 | HK$451.93 Million ≈ $57.69 Million |
-11.21% |
| 2000-12-31 | HK$509.01 Million ≈ $64.98 Million |
+2.39% |
| 1999-12-31 | HK$497.12 Million ≈ $63.46 Million |
+0.92% |
| 1998-12-31 | HK$492.58 Million ≈ $62.88 Million |
+4.68% |
| 1997-12-31 | HK$470.58 Million ≈ $60.07 Million |
+218.65% |
| 1996-12-31 | HK$147.68 Million ≈ $18.85 Million |
+42.38% |
| 1995-12-31 | HK$103.72 Million ≈ $13.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nanjing Putian Telecommunications Co Ltd Class B'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 decreased by 39434442700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | HK$215.00 Million | 1498.15% |
| Other Components | HK$193.70 Million | 1349.70% |
| Total Equity | HK$14.35 Million | 100.00% |
Nanjing Putian Telecommunications Co Ltd Class B Competitors by Market Cap
The table below lists competitors of Nanjing Putian Telecommunications Co Ltd Class B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea Air Svc
KO:005430
|
$121.86 Million |
|
MEDIANA Co.Ltd
KQ:041920
|
$121.88 Million |
|
Adese Gayrimenkul Yatirim AS
IS:ADESE
|
$121.91 Million |
|
Macpower CNC Machines Limited
NSE:MACPOWER
|
$122.00 Million |
|
Delta Lithium Ltd
AU:DLI
|
$121.82 Million |
|
Soquicom
SN:SOQUICOM
|
$121.72 Million |
|
Avatec Co. Ltd
KQ:149950
|
$121.71 Million |
|
FinLab AG
F:A7A
|
$121.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Putian Telecommunications Co Ltd Class B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,111,258 to 14,351,013, a change of 9,239,755 (180.8%).
- Net income of 11,376,879 contributed positively to equity growth.
- Dividend payments of 11,649,952 reduced retained earnings.
- Share repurchases of 2,997,498 reduced equity.
- Other factors increased equity by 12,510,326.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$11.38 Million | +79.28% |
| Dividends Paid | HK$11.65 Million | -81.18% |
| Share Repurchases | HK$3.00 Million | -20.89% |
| Other Changes | HK$12.51 Million | +87.17% |
| Total Change | HK$- | 180.77% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Putian Telecommunications Co Ltd Class B'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: 66.32x
- 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 increased from 9.99x to 66.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | HK$0.44 | HK$4.44 | x |
| 1996-12-31 | HK$0.65 | HK$4.44 | x |
| 1997-12-31 | HK$2.18 | HK$4.44 | x |
| 1998-12-31 | HK$2.24 | HK$4.44 | x |
| 1999-12-31 | HK$2.25 | HK$4.44 | x |
| 2000-12-31 | HK$2.27 | HK$4.44 | x |
| 2001-12-31 | HK$2.00 | HK$4.44 | x |
| 2002-12-31 | HK$1.74 | HK$4.44 | x |
| 2003-12-31 | HK$1.76 | HK$4.44 | x |
| 2004-12-31 | HK$1.57 | HK$4.44 | x |
| 2007-12-31 | HK$1.49 | HK$4.44 | x |
| 2008-12-31 | HK$1.52 | HK$4.44 | x |
| 2009-12-31 | HK$1.55 | HK$4.44 | x |
| 2010-12-31 | HK$1.68 | HK$4.44 | x |
| 2011-12-31 | HK$1.73 | HK$4.44 | x |
| 2012-12-31 | HK$1.76 | HK$4.44 | x |
| 2013-12-31 | HK$1.56 | HK$4.44 | x |
| 2014-12-31 | HK$1.72 | HK$4.44 | x |
| 2015-12-31 | HK$1.67 | HK$4.44 | x |
| 2016-12-31 | HK$1.59 | HK$4.44 | x |
| 2017-12-31 | HK$1.56 | HK$4.44 | x |
| 2018-12-31 | HK$1.82 | HK$4.44 | x |
| 2019-12-31 | HK$0.79 | HK$4.44 | x |
| 2020-12-31 | HK$0.86 | HK$4.44 | x |
| 2021-12-31 | HK$0.31 | HK$4.44 | x |
| 2022-12-31 | HK$0.10 | HK$4.44 | x |
| 2023-12-31 | HK$0.02 | HK$4.44 | x |
| 2024-12-31 | HK$0.07 | HK$4.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Putian Telecommunications Co Ltd Class B 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): 79.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.40%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 58.39x
- Recent ROE (79.28%) is above the historical average (-23.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 29.40% | 10.03% | 0.84x | 3.50x | HK$18.54 Million |
| 1996 | 38.31% | 14.21% | 0.71x | 3.81x | HK$39.28 Million |
| 1997 | 10.02% | 10.01% | 0.60x | 1.68x | HK$99.25K |
| 1998 | 2.51% | 2.51% | 0.64x | 1.56x | HK$-36.04 Million |
| 1999 | 0.16% | 0.20% | 0.45x | 1.80x | HK$-47.63 Million |
| 2000 | 0.69% | 0.52% | 0.61x | 2.13x | HK$-45.41 Million |
| 2001 | 0.55% | 0.32% | 0.70x | 2.48x | HK$-40.70 Million |
| 2002 | -15.76% | -9.42% | 0.63x | 2.66x | HK$-96.32 Million |
| 2003 | 0.66% | 0.31% | 0.79x | 2.75x | HK$-35.35 Million |
| 2004 | -14.17% | -5.62% | 0.90x | 2.80x | HK$-81.60 Million |
| 2005 | 1.85% | 0.81% | 0.73x | 3.12x | HK$-27.82 Million |
| 2006 | 1.30% | 0.42% | 0.88x | 3.58x | HK$-27.50 Million |
| 2007 | 1.23% | 0.40% | 0.84x | 3.60x | HK$-28.10 Million |
| 2008 | 1.98% | 0.55% | 0.96x | 3.77x | HK$-26.14 Million |
| 2009 | 3.20% | 0.73% | 1.00x | 4.39x | HK$-22.70 Million |
| 2010 | 6.58% | 1.20% | 1.25x | 4.39x | HK$-12.35 Million |
| 2011 | 2.91% | 0.43% | 1.23x | 5.51x | HK$-26.40 Million |
| 2012 | 1.47% | 0.21% | 1.28x | 5.53x | HK$-32.25 Million |
| 2013 | 1.28% | 0.20% | 1.15x | 5.50x | HK$-33.42 Million |
| 2014 | -5.66% | -0.90% | 1.10x | 5.74x | HK$-56.78 Million |
| 2015 | -4.43% | -0.81% | 0.90x | 6.05x | HK$-49.95 Million |
| 2016 | -1.49% | -0.27% | 0.80x | 6.77x | HK$-39.14 Million |
| 2017 | 2.56% | 0.51% | 0.84x | 6.04x | HK$-26.04 Million |
| 2018 | 1.65% | 0.36% | 0.77x | 5.97x | HK$-29.67 Million |
| 2019 | -99.73% | -14.62% | 0.70x | 9.74x | HK$-186.04 Million |
| 2020 | 11.58% | 2.14% | 0.88x | 6.16x | HK$3.00 Million |
| 2021 | -212.87% | -15.13% | 0.92x | 15.24x | HK$-145.29 Million |
| 2022 | -215.46% | -5.39% | 0.99x | 40.53x | HK$-49.59 Million |
| 2023 | -330.33% | -2.06% | 0.99x | 161.65x | HK$-17.40 Million |
| 2024 | 79.28% | 1.40% | 0.97x | 58.39x | HK$9.94 Million |
Industry Comparison
This section compares Nanjing Putian Telecommunications Co Ltd Class B's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $5,529,985,490
- Average return on equity (ROE) among peers: -0.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Putian Telecommunications Co Ltd Class B (200468) | HK$84.95 Million | 29.40% | 7.14x | $121.86 Million |
| ZTE Corp (000063) | $43.35 Billion | 8.36% | 1.79x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $204.52 Million | 22.76% | 2.18x | $2.38 Billion |
| Addsino Co Ltd (000547) | $459.32 Million | -8.36% | 1.39x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $262.65 Million | 0.31% | 1.13x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $78.54 Million | 4.37% | 0.86x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.80 Billion | 2.74% | 0.79x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $2.01 Billion | 18.94% | 0.94x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.78 Billion | 2.03% | 1.22x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $916.66 Million | -66.59% | 1.08x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $2.43 Billion | 5.61% | 0.88x | $1.71 Billion |
About Nanjing Putian Telecommunications Co Ltd Class B
Nanjing Putian Telecommunications Co., Ltd. researches, develops, manufactures, and sells telecommunication equipment in China. The company's offers video conferencing, integrated wiring, electrical, wiring, and other products; and multimedia communication and application solutions. It is involved in production, and sale of data, wire, and wireless telecommunication equipment; distribution and al… Read more