Tianjin Jingwei Electric Wire Co Ltd
Tianjin Jingwei Huikai Optoelectronic Co., Ltd. engages in the research and development, production, and sale of liquid crystal display and touch display modules, and electromagnetic wires in China. It S-LCD products, such as party building publicity column, party building publicity machine, outdoor guidance display board, outdoor promotional scrolling screen, landscape-oriented query kiosk, vert… Read more
Tianjin Jingwei Electric Wire Co Ltd (300120) - Net Assets
Latest net assets as of September 2025: CN¥2.99 Billion CNY
Based on the latest financial reports, Tianjin Jingwei Electric Wire Co Ltd (300120) has net assets worth CN¥2.99 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¥4.64 Billion) and total liabilities (CN¥1.65 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¥2.99 Billion |
| % of Total Assets | 64.42% |
| Annual Growth Rate | 26.05% |
| 5-Year Change | 16.38% |
| 10-Year Change | 349.15% |
| Growth Volatility | 103.58 |
Tianjin Jingwei Electric Wire Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Tianjin Jingwei Electric Wire 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 Tianjin Jingwei Electric Wire Co Ltd (2007–2024)
The table below shows the annual net assets of Tianjin Jingwei Electric Wire Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.99 Billion | +1.00% |
| 2023-12-31 | CN¥2.96 Billion | +12.01% |
| 2022-12-31 | CN¥2.64 Billion | +1.71% |
| 2021-12-31 | CN¥2.59 Billion | +1.14% |
| 2020-12-31 | CN¥2.57 Billion | +1.50% |
| 2019-12-31 | CN¥2.53 Billion | +26.49% |
| 2018-12-31 | CN¥2.00 Billion | +6.38% |
| 2017-12-31 | CN¥1.88 Billion | +175.54% |
| 2016-12-31 | CN¥681.75 Million | +2.56% |
| 2015-12-31 | CN¥664.74 Million | +10.48% |
| 2014-12-31 | CN¥601.67 Million | -2.59% |
| 2013-12-31 | CN¥617.65 Million | +3.90% |
| 2012-12-31 | CN¥594.49 Million | +0.30% |
| 2011-12-31 | CN¥592.71 Million | +3.69% |
| 2010-12-31 | CN¥571.62 Million | +424.55% |
| 2009-12-31 | CN¥108.97 Million | +35.47% |
| 2008-12-31 | CN¥80.44 Million | +37.95% |
| 2007-12-31 | CN¥58.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianjin Jingwei Electric Wire 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 60.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥43.55 Million | 1.46% |
| Common Stock | CN¥574.39 Million | 19.27% |
| Other Comprehensive Income | CN¥138.86 Million | 4.66% |
| Other Components | CN¥2.22 Billion | 74.61% |
| Total Equity | CN¥2.98 Billion | 100.00% |
Tianjin Jingwei Electric Wire Co Ltd Competitors by Market Cap
The table below lists competitors of Tianjin Jingwei Electric Wire Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cosmo Pharmaceuticals N.V
PINK:CMOPF
|
$529.97 Million |
|
Shenzhen Urovo Technology Co Ltd
SHE:300531
|
$530.06 Million |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
$530.18 Million |
|
Bergman & Beving AB (publ)
ST:BERG-B
|
$530.55 Million |
|
Forum Energy Technologies Inc
NYSE:FET
|
$529.71 Million |
|
Hertz Global Holdings Inc
NASDAQ:HTZ
|
$529.58 Million |
|
VBG Group AB (publ)
ST:VBG-B
|
$529.41 Million |
|
Shenzhen Expressway Company Limited
PINK:SHZNF
|
$529.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Jingwei Electric Wire Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,956,123,973 to 2,980,204,869, a change of 24,080,896 (0.8%).
- Net income of 21,457,431 contributed positively to equity growth.
- Dividend payments of 39,309,231 reduced retained earnings.
- Other comprehensive income increased equity by 138,862,099.
- Other factors decreased equity by 96,929,403.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥21.46 Million | +0.72% |
| Dividends Paid | CN¥39.31 Million | -1.32% |
| Other Comprehensive Income | CN¥138.86 Million | +4.66% |
| Other Changes | CN¥-96.93 Million | -3.25% |
| Total Change | CN¥- | 0.81% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Jingwei Electric Wire 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: 1.65x
- 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 32.37x to 1.65x 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¥0.26 | CN¥8.55 | x |
| 2008-12-31 | CN¥0.38 | CN¥8.55 | x |
| 2009-12-31 | CN¥0.54 | CN¥8.55 | x |
| 2010-12-31 | CN¥3.20 | CN¥8.55 | x |
| 2011-12-31 | CN¥2.24 | CN¥8.55 | x |
| 2012-12-31 | CN¥2.25 | CN¥8.55 | x |
| 2013-12-31 | CN¥2.32 | CN¥8.55 | x |
| 2014-12-31 | CN¥2.25 | CN¥8.55 | x |
| 2015-12-31 | CN¥2.24 | CN¥8.55 | x |
| 2016-12-31 | CN¥2.27 | CN¥8.55 | x |
| 2017-12-31 | CN¥8.19 | CN¥8.55 | x |
| 2018-12-31 | CN¥4.96 | CN¥8.55 | x |
| 2019-12-31 | CN¥5.90 | CN¥8.55 | x |
| 2020-12-31 | CN¥5.36 | CN¥8.55 | x |
| 2021-12-31 | CN¥5.40 | CN¥8.55 | x |
| 2022-12-31 | CN¥5.48 | CN¥8.55 | x |
| 2023-12-31 | CN¥5.50 | CN¥8.55 | x |
| 2024-12-31 | CN¥5.19 | CN¥8.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Jingwei Electric Wire 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): 0.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.66%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.52x
- Recent ROE (0.72%) is below the historical average (6.64%), 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 | 24.47% | 4.27% | 2.30x | 2.49x | CN¥7.52 Million |
| 2008 | 24.65% | 5.66% | 2.14x | 2.03x | CN¥11.08 Million |
| 2009 | 29.84% | 9.26% | 1.90x | 1.70x | CN¥21.02 Million |
| 2010 | 7.12% | 9.98% | 0.63x | 1.13x | CN¥-16.39 Million |
| 2011 | 6.88% | 10.00% | 0.63x | 1.08x | CN¥-18.40 Million |
| 2012 | 3.54% | 6.71% | 0.48x | 1.10x | CN¥-38.23 Million |
| 2013 | 5.43% | 8.07% | 0.61x | 1.11x | CN¥-28.13 Million |
| 2014 | 0.83% | 1.16% | 0.60x | 1.18x | CN¥-54.93 Million |
| 2015 | 1.13% | 1.32% | 0.66x | 1.29x | CN¥-52.68 Million |
| 2016 | 2.61% | 2.49% | 0.83x | 1.27x | CN¥-44.36 Million |
| 2017 | 3.12% | 6.30% | 0.33x | 1.49x | CN¥-123.70 Million |
| 2018 | 7.03% | 6.53% | 0.72x | 1.50x | CN¥-56.85 Million |
| 2019 | 5.61% | 5.89% | 0.64x | 1.50x | CN¥-107.73 Million |
| 2020 | 3.20% | 2.55% | 0.76x | 1.65x | CN¥-169.18 Million |
| 2021 | 1.73% | 1.31% | 0.81x | 1.63x | CN¥-207.47 Million |
| 2022 | 1.45% | 1.36% | 0.61x | 1.75x | CN¥-217.53 Million |
| 2023 | -9.79% | -8.43% | 0.73x | 1.59x | CN¥-584.91 Million |
| 2024 | 0.72% | 0.66% | 0.72x | 1.52x | CN¥-276.56 Million |
Industry Comparison
This section compares Tianjin Jingwei Electric Wire 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 |
|---|---|---|---|---|
| Tianjin Jingwei Electric Wire Co Ltd (300120) | CN¥2.99 Billion | 24.47% | 0.55x | $529.79 Million |
| 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 |