Jiangsu Tongguang Electronic Wire&Cable Co Ltd (300265) - Net Assets
Based on the latest financial reports, Jiangsu Tongguang Electronic Wire&Cable Co Ltd (300265) has net assets worth CN¥2.35 Billion CNY (≈ $343.50 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¥3.55 Billion ≈ $518.89 Million USD) and total liabilities (CN¥1.20 Billion ≈ $175.38 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 300265 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.35 Billion |
| % of Total Assets | 66.2% |
| Annual Growth Rate | 17.9% |
| 5-Year Change | 76.33% |
| 10-Year Change | 155.88% |
| Growth Volatility | 58.13 |
Jiangsu Tongguang Electronic Wire&Cable Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Jiangsu Tongguang Electronic Wire&Cable Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Jiangsu Tongguang Electronic Wire&Cable .
Annual Net Assets for Jiangsu Tongguang Electronic Wire&Cable Co Ltd (2008–2025)
The table below shows the annual net assets of Jiangsu Tongguang Electronic Wire&Cable Co Ltd from 2008 to 2025. Also explore 300265 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.40 Billion ≈ $350.48 Million |
+5.54% |
| 2024-12-31 | CN¥2.27 Billion ≈ $332.09 Million |
-1.72% |
| 2023-12-31 | CN¥2.31 Billion ≈ $337.89 Million |
+61.35% |
| 2022-12-31 | CN¥1.43 Billion ≈ $209.41 Million |
+5.35% |
| 2021-12-31 | CN¥1.36 Billion ≈ $198.77 Million |
-1.67% |
| 2020-12-31 | CN¥1.38 Billion ≈ $202.14 Million |
+21.56% |
| 2019-12-31 | CN¥1.14 Billion ≈ $166.28 Million |
+10.39% |
| 2018-12-31 | CN¥1.03 Billion ≈ $150.63 Million |
+4.16% |
| 2017-12-31 | CN¥988.29 Million ≈ $144.62 Million |
+5.58% |
| 2016-12-31 | CN¥936.03 Million ≈ $136.97 Million |
+8.99% |
| 2015-12-31 | CN¥858.81 Million ≈ $125.67 Million |
+9.92% |
| 2014-12-31 | CN¥781.30 Million ≈ $114.33 Million |
+2.38% |
| 2013-12-31 | CN¥763.15 Million ≈ $111.67 Million |
+3.98% |
| 2012-12-31 | CN¥733.97 Million ≈ $107.40 Million |
+2.45% |
| 2011-12-31 | CN¥716.42 Million ≈ $104.83 Million |
+250.01% |
| 2010-12-31 | CN¥204.69 Million ≈ $29.95 Million |
+30.06% |
| 2009-12-31 | CN¥157.38 Million ≈ $23.03 Million |
+7.91% |
| 2008-12-31 | CN¥145.84 Million ≈ $21.34 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Tongguang Electronic Wire&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 18858.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥686.45 Million | 29.07% |
| Other Components | CN¥1.67 Billion | 70.93% |
| Total Equity | CN¥2.36 Billion | 100.00% |
Jiangsu Tongguang Electronic Wire&Cable Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Tongguang Electronic Wire&Cable Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A
SHE:301322
|
$946.47 Million |
|
Cresud SA
BA:CRES
|
$946.50 Million |
|
HJ ShipBuilding & Construction Co Ltd
KO:097230
|
$946.58 Million |
|
Kumho HT Inc
KO:214330
|
$946.69 Million |
|
FARM FRESH BERHAD
KLSE:5306
|
$946.14 Million |
|
Hanmi Financial Corporation
NASDAQ:HAFC
|
$946.11 Million |
|
Zhejiang Huatong Meat Products Co Ltd
SHE:002840
|
$946.10 Million |
|
Precision Wires India Limited
NSE:PRECWIRE
|
$945.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Tongguang Electronic Wire&Cable Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,237,203,257 to 2,361,057,649, a change of 123,854,392 (5.5%).
- Net income of 32,168,924 contributed positively to equity growth.
- Dividend payments of 31,447,611 reduced retained earnings.
- Other factors increased equity by 123,133,079.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥32.17 Million | +1.36% |
| Dividends Paid | CN¥31.45 Million | -1.33% |
| Other Changes | CN¥123.13 Million | +5.22% |
| Total Change | CN¥- | 5.54% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Tongguang Electronic Wire&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: 2.74x
- 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 37.72x to 2.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.37 | CN¥13.83 | x |
| 2009-12-31 | CN¥0.41 | CN¥13.83 | x |
| 2010-12-31 | CN¥0.51 | CN¥13.83 | x |
| 2011-12-31 | CN¥2.50 | CN¥13.83 | x |
| 2012-12-31 | CN¥2.17 | CN¥13.83 | x |
| 2013-12-31 | CN¥2.26 | CN¥13.83 | x |
| 2014-12-31 | CN¥2.31 | CN¥13.83 | x |
| 2015-12-31 | CN¥2.54 | CN¥13.83 | x |
| 2016-12-31 | CN¥2.77 | CN¥13.83 | x |
| 2017-12-31 | CN¥2.85 | CN¥13.83 | x |
| 2018-12-31 | CN¥2.94 | CN¥13.83 | x |
| 2019-12-31 | CN¥3.15 | CN¥13.83 | x |
| 2020-12-31 | CN¥3.73 | CN¥13.83 | x |
| 2021-12-31 | CN¥3.62 | CN¥13.83 | x |
| 2022-12-31 | CN¥3.81 | CN¥13.83 | x |
| 2023-12-31 | CN¥4.94 | CN¥13.83 | x |
| 2024-12-31 | CN¥4.88 | CN¥13.83 | x |
| 2025-12-31 | CN¥5.05 | CN¥13.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Tongguang Electronic Wire&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): 1.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.26%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.47x
- Recent ROE (1.36%) is below the historical average (7.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 11.90% | 5.04% | 0.71x | 3.32x | CN¥2.35 Million |
| 2009 | 17.28% | 6.15% | 0.80x | 3.53x | CN¥10.00 Million |
| 2010 | 28.33% | 9.86% | 0.89x | 3.22x | CN¥31.33 Million |
| 2011 | 6.52% | 6.81% | 0.60x | 1.58x | CN¥-23.60 Million |
| 2012 | 8.67% | 7.97% | 0.70x | 1.55x | CN¥-9.74 Million |
| 2013 | 5.55% | 5.51% | 0.67x | 1.50x | CN¥-33.98 Million |
| 2014 | 4.13% | 3.76% | 0.71x | 1.54x | CN¥-45.89 Million |
| 2015 | 11.90% | 8.65% | 0.90x | 1.52x | CN¥16.29 Million |
| 2016 | 13.42% | 8.64% | 0.72x | 2.17x | CN¥31.97 Million |
| 2017 | 4.40% | 2.79% | 0.72x | 2.20x | CN¥-53.86 Million |
| 2018 | 3.76% | 2.32% | 0.70x | 2.30x | CN¥-62.03 Million |
| 2019 | 2.55% | 1.84% | 0.59x | 2.37x | CN¥-79.26 Million |
| 2020 | 4.55% | 4.04% | 0.58x | 1.93x | CN¥-70.89 Million |
| 2021 | 3.40% | 2.34% | 0.74x | 1.96x | CN¥-87.14 Million |
| 2022 | 5.87% | 3.92% | 0.74x | 2.03x | CN¥-57.40 Million |
| 2023 | 4.44% | 4.04% | 0.76x | 1.45x | CN¥-126.02 Million |
| 2024 | 2.10% | 1.81% | 0.75x | 1.55x | CN¥-176.85 Million |
| 2025 | 1.36% | 1.26% | 0.73x | 1.47x | CN¥-203.94 Million |
Industry Comparison
This section compares Jiangsu Tongguang Electronic Wire&Cable 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 |
|---|---|---|---|---|
| Jiangsu Tongguang Electronic Wire&Cable Co Ltd (300265) | CN¥2.35 Billion | 11.90% | 0.51x | $946.31 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 Jiangsu Tongguang Electronic Wire&Cable Co Ltd
Jiangsu Tongguang Electronic Wire & Cable Co., Ltd. produces and sells cables in the People's Republic of China and internationally. The company offers fiber optic cables, including communication, power fiber, submarine, and fiber optic communication cables; power transmission cables; and equipment cables for aerospace, high-frequency cables for communication, and flexible cables. It also provide… Read more