Tianjin Jingwei Electric Wire Co Ltd (300120) - Net Assets

Latest as of September 2025: CN¥2.99 Billion CNY ≈ $437.42 Million USD

Based on the latest financial reports, Tianjin Jingwei Electric Wire Co Ltd (300120) has net assets worth CN¥2.99 Billion CNY (≈ $437.42 Million USD) 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 ≈ $679.02 Million USD) and total liabilities (CN¥1.65 Billion ≈ $241.60 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 300120 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Tianjin Jingwei Electric Wire Co Ltd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Tianjin Jingwei Electric Wire Co Ltd market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥2.99 Billion ≈ $436.90 Million	+1.00%
2023-12-31	CN¥2.96 Billion ≈ $432.57 Million	+12.01%
2022-12-31	CN¥2.64 Billion ≈ $386.18 Million	+1.71%
2021-12-31	CN¥2.59 Billion ≈ $379.69 Million	+1.14%
2020-12-31	CN¥2.57 Billion ≈ $375.42 Million	+1.50%
2019-12-31	CN¥2.53 Billion ≈ $369.86 Million	+26.49%
2018-12-31	CN¥2.00 Billion ≈ $292.40 Million	+6.38%
2017-12-31	CN¥1.88 Billion ≈ $274.88 Million	+175.54%
2016-12-31	CN¥681.75 Million ≈ $99.76 Million	+2.56%
2015-12-31	CN¥664.74 Million ≈ $97.27 Million	+10.48%
2014-12-31	CN¥601.67 Million ≈ $88.04 Million	-2.59%
2013-12-31	CN¥617.65 Million ≈ $90.38 Million	+3.90%
2012-12-31	CN¥594.49 Million ≈ $86.99 Million	+0.30%
2011-12-31	CN¥592.71 Million ≈ $86.73 Million	+3.69%
2010-12-31	CN¥571.62 Million ≈ $83.65 Million	+424.55%
2009-12-31	CN¥108.97 Million ≈ $15.95 Million	+35.47%
2008-12-31	CN¥80.44 Million ≈ $11.77 Million	+37.95%
2007-12-31	CN¥58.31 Million ≈ $8.53 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
Guangzhou Grandbuy Co Ltd SHE:002187	$634.86 Million
Guangdong Weide Information Technology Co. Ltd. A SHG:688171	$634.88 Million
Mako Mining Corp V:MKO	$635.07 Million
Hunan Huasheng Co Ltd SHG:600156	$635.49 Million
Synergie SE PA:SDG	$634.34 Million
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. SHE:301289	$634.15 Million
Noah Holdings Limited F:6NO	$634.01 Million
First Community Bancshares Inc NASDAQ:FCBC	$633.70 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: 1.45x
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 28.59x to 1.45x 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¥7.55	x
2008-12-31	CN¥0.38	CN¥7.55	x
2009-12-31	CN¥0.54	CN¥7.55	x
2010-12-31	CN¥3.20	CN¥7.55	x
2011-12-31	CN¥2.24	CN¥7.55	x
2012-12-31	CN¥2.25	CN¥7.55	x
2013-12-31	CN¥2.32	CN¥7.55	x
2014-12-31	CN¥2.25	CN¥7.55	x
2015-12-31	CN¥2.24	CN¥7.55	x
2016-12-31	CN¥2.27	CN¥7.55	x
2017-12-31	CN¥8.19	CN¥7.55	x
2018-12-31	CN¥4.96	CN¥7.55	x
2019-12-31	CN¥5.90	CN¥7.55	x
2020-12-31	CN¥5.36	CN¥7.55	x
2021-12-31	CN¥5.40	CN¥7.55	x
2022-12-31	CN¥5.48	CN¥7.55	x
2023-12-31	CN¥5.50	CN¥7.55	x
2024-12-31	CN¥5.19	CN¥7.55	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: $2,126,582,124
Average return on equity (ROE) among peers: 8.28%

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	$634.59 Million
XJ Electric Co Ltd (000400)	$2.20 Billion	5.89%	1.09x	$3.75 Billion
Guangdong Macro Co Ltd (000533)	$874.93 Million	-1.17%	1.71x	$1.28 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.71 Billion	7.84%	0.11x	$1.02 Billion
Dongfang Electronics Co Ltd (000682)	$86.35 Million	23.75%	0.85x	$2.56 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.31 Billion	8.55%	0.86x	$834.77 Million
Huagong Tech Co Ltd (000988)	$1.22 Billion	3.70%	0.93x	$17.59 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.54 Billion	5.61%	1.58x	$1.79 Billion
Sieyuan Electric Co Ltd (002028)	$65.21 Million	33.34%	0.57x	$22.29 Billion
Shanghai Welltech Automation Co Ltd (002058)	$183.97 Million	-6.05%	0.22x	$526.87 Million
Gotion High tech Co Ltd (002074)	$11.08 Billion	1.35%	1.51x	$9.75 Billion

About Tianjin Jingwei Electric Wire Co Ltd

SHE:300120 China Electrical Equipment & Parts

Market Cap

$634.59 Million

CN¥4.34 Billion CNY

Market Cap Rank

#11318 Global

#3401 in China

Share Price

CN¥7.55

Change (1 day)

+0.67%

52-Week Range

CN¥7.15 - CN¥12.32

All Time High

CN¥19.50