Tianjin Jingwei Electric Wire Co Ltd (300120) - Net Assets
Based on the latest financial reports, Tianjin Jingwei Electric Wire Co Ltd (300120) has net assets worth CN¥2.47 Billion CNY (≈ $362.10 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.14 Billion ≈ $899.16 Million USD) and total liabilities (CN¥3.67 Billion ≈ $537.06 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 Tianjin Jingwei Electric Wire Co Ltd (300120) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.47 Billion |
| % of Total Assets | 40.27% |
| Annual Growth Rate | 23.24% |
| 5-Year Change | -3.29% |
| 10-Year Change | 268.07% |
| Growth Volatility | 101.59 |
Tianjin Jingwei Electric Wire Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Tianjin Jingwei Electric Wire Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Tianjin Jingwei Electric Wire Co Ltd market capitalisation.
Annual Net Assets for Tianjin Jingwei Electric Wire Co Ltd (2007–2025)
The table below shows the annual net assets of Tianjin Jingwei Electric Wire Co Ltd from 2007 to 2025. Also explore how fast is Tianjin Jingwei Electric Wire Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.51 Billion ≈ $367.20 Million |
-15.95% |
| 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 decreased by 1722.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.94 Billion | 117.60% |
| Total Equity | CN¥2.50 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 |
|---|---|
|
Guang Dong Sitong Group Co Ltd
SHG:603838
|
$645.76 Million |
|
Flexium Interconnect Inc
TW:6269
|
$645.97 Million |
|
Beijing SPC Environment Protection Tech Co Ltd
SHE:002573
|
$646.15 Million |
|
Zhongyeda Electric Co Ltd
SHE:002441
|
$646.24 Million |
|
Vestum AB (publ)
ST:VESTUM
|
$645.47 Million |
|
Enovix Corp
NASDAQ:ENVX
|
$645.29 Million |
|
Tatwah Smartech Co Ltd
SHE:002512
|
$645.27 Million |
|
Prima Marine Public Company Limited
BK:PRM
|
$645.14 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 2024 to 2025, total equity changed from 2,980,204,869 to 2,503,844,618, a change of -476,360,251 (-16.0%).
- Net loss of 484,284,920 reduced equity.
- Dividend payments of 45,446,584 reduced retained earnings.
- Other comprehensive income decreased equity by 138,862,099.
- Other factors increased equity by 192,233,353.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-484.28 Million | -19.34% |
| Dividends Paid | CN¥45.45 Million | -1.82% |
| Other Comprehensive Income | CN¥-138.86 Million | -5.55% |
| Other Changes | CN¥192.23 Million | +7.68% |
| Total Change | CN¥- | -15.98% |
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: 1.76x
- 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 29.08x to 1.76x 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¥7.68 | x |
| 2008-12-31 | CN¥0.38 | CN¥7.68 | x |
| 2009-12-31 | CN¥0.54 | CN¥7.68 | x |
| 2010-12-31 | CN¥3.20 | CN¥7.68 | x |
| 2011-12-31 | CN¥2.24 | CN¥7.68 | x |
| 2012-12-31 | CN¥2.25 | CN¥7.68 | x |
| 2013-12-31 | CN¥2.32 | CN¥7.68 | x |
| 2014-12-31 | CN¥2.25 | CN¥7.68 | x |
| 2015-12-31 | CN¥2.24 | CN¥7.68 | x |
| 2016-12-31 | CN¥2.27 | CN¥7.68 | x |
| 2017-12-31 | CN¥6.33 | CN¥7.68 | x |
| 2018-12-31 | CN¥4.96 | CN¥7.68 | x |
| 2019-12-31 | CN¥5.90 | CN¥7.68 | x |
| 2020-12-31 | CN¥5.35 | CN¥7.68 | x |
| 2021-12-31 | CN¥5.40 | CN¥7.68 | x |
| 2022-12-31 | CN¥5.48 | CN¥7.68 | x |
| 2023-12-31 | CN¥5.50 | CN¥7.68 | x |
| 2024-12-31 | CN¥5.19 | CN¥7.68 | x |
| 2025-12-31 | CN¥4.36 | CN¥7.68 | 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): -19.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.79%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.66x
- Recent ROE (-19.34%) is below the historical average (5.27%), 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% | 2.60% | 0.75x | 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 |
| 2025 | -19.34% | -18.79% | 0.62x | 1.66x | CN¥-734.67 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: $3,245,673,029
- Average return on equity (ROE) among peers: 12.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Jingwei Electric Wire Co Ltd (300120) | CN¥2.47 Billion | 24.47% | 1.48x | $645.52 Million |
| XJ Electric Co Ltd (000400) | $6.23 Billion | 17.04% | 0.73x | $3.04 Billion |
| Guangdong Macro Co Ltd (000533) | $1.02 Billion | 6.87% | 1.16x | $1.14 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $536.10 Million | 17.67% | 0.27x | $885.25 Million |
| Dongfang Electronics Co Ltd (000682) | $1.57 Billion | 1.57% | 0.53x | $2.10 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $557.50 Million | 13.45% | 0.65x | $744.67 Million |
| Huagong Tech Co Ltd (000988) | $9.37 Billion | 10.74% | 0.86x | $15.86 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.32 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.46x | $15.80 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $353.70 Million |
| Gotion High tech Co Ltd (002074) | $8.26 Billion | 10.15% | 1.07x | $6.94 Billion |
About 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 and internationally. It provides S-LCD products, such as party building bulletin board, party building and publicity machine, outdoor guide display board, outdoor guidance and promotional screen, lands… Read more