Suzhou TFC Optical Communication Co Ltd (300394) - Net Assets
Based on the latest financial reports, Suzhou TFC Optical Communication Co Ltd (300394) has net assets worth CN¥4.88 Billion CNY (≈ $714.79 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¥5.85 Billion ≈ $855.54 Million USD) and total liabilities (CN¥961.89 Million ≈ $140.76 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 Suzhou TFC Optical Communication Co Ltd (300394) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.88 Billion |
| % of Total Assets | 83.55% |
| Annual Growth Rate | 28.64% |
| 5-Year Change | 189.37% |
| 10-Year Change | 488.65% |
| Growth Volatility | 27.2 |
Suzhou TFC Optical Communication Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Suzhou TFC Optical Communication Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Suzhou TFC Optical Communication Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Suzhou TFC Optical Communication Co Ltd (2011–2024)
The table below shows the annual net assets of Suzhou TFC Optical Communication Co Ltd from 2011 to 2024. For live valuation and market cap data, see Suzhou TFC Optical Communication Co Ltd (300394) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.99 Billion ≈ $583.28 Million |
+18.52% |
| 2023-12-31 | CN¥3.36 Billion ≈ $492.14 Million |
+27.54% |
| 2022-12-31 | CN¥2.64 Billion ≈ $385.88 Million |
+12.87% |
| 2021-12-31 | CN¥2.34 Billion ≈ $341.88 Million |
+69.61% |
| 2020-12-31 | CN¥1.38 Billion ≈ $201.57 Million |
+17.58% |
| 2019-12-31 | CN¥1.17 Billion ≈ $171.43 Million |
+9.29% |
| 2018-12-31 | CN¥1.07 Billion ≈ $156.85 Million |
+32.27% |
| 2017-12-31 | CN¥810.41 Million ≈ $118.59 Million |
+7.04% |
| 2016-12-31 | CN¥757.09 Million ≈ $110.79 Million |
+11.81% |
| 2015-12-31 | CN¥677.14 Million ≈ $99.09 Million |
+108.01% |
| 2014-12-31 | CN¥325.53 Million ≈ $47.64 Million |
+28.46% |
| 2013-12-31 | CN¥253.41 Million ≈ $37.08 Million |
+22.93% |
| 2012-12-31 | CN¥206.14 Million ≈ $30.16 Million |
+36.62% |
| 2011-12-31 | CN¥150.88 Million ≈ $22.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suzhou TFC Optical Communication 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 8162.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.07 Billion | 52.06% |
| Common Stock | CN¥553.97 Million | 13.92% |
| Other Comprehensive Income | CN¥426.43 Million | 10.72% |
| Other Components | CN¥927.41 Million | 23.30% |
| Total Equity | CN¥3.98 Billion | 100.00% |
Suzhou TFC Optical Communication Co Ltd Competitors by Market Cap
The table below lists competitors of Suzhou TFC Optical Communication Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baidu Inc
NASDAQ:BIDU
|
$35.02 Billion |
|
Beijing-Shanghai High Speed Railway Co Ltd
SHG:601816
|
$35.08 Billion |
|
HCL Technologies Limited
NSE:HCLTECH
|
$35.09 Billion |
|
Kinross Gold Corp
TO:K
|
$35.12 Billion |
|
Swisscom AG
SW:SCMN
|
$34.91 Billion |
|
Asia Vital Components Co Ltd
TW:3017
|
$34.90 Billion |
|
Hanwha Aerospace Co Ltd
KO:012450
|
$34.87 Billion |
|
Telefonaktiebolaget LM Ericsson B ADR
NASDAQ:ERIC
|
$34.77 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou TFC Optical Communication Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,192,524,118 to 3,979,564,829, a change of 787,040,711 (24.7%).
- Net income of 1,343,522,237 contributed positively to equity growth.
- Dividend payments of 673,608,626 reduced retained earnings.
- Other comprehensive income increased equity by 429,397,312.
- Other factors decreased equity by 312,270,212.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.34 Billion | +33.76% |
| Dividends Paid | CN¥673.61 Million | -16.93% |
| Other Comprehensive Income | CN¥429.40 Million | +10.79% |
| Other Changes | CN¥-312.27 Million | -7.85% |
| Total Change | CN¥- | 24.65% |
Book Value vs Market Value Analysis
This analysis compares Suzhou TFC Optical Communication 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: 42.89x
- 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 decreased from 543.30x to 42.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.57 | CN¥307.50 | x |
| 2012-12-31 | CN¥0.77 | CN¥307.50 | x |
| 2013-12-31 | CN¥0.95 | CN¥307.50 | x |
| 2014-12-31 | CN¥1.22 | CN¥307.50 | x |
| 2015-12-31 | CN¥2.10 | CN¥307.50 | x |
| 2016-12-31 | CN¥2.26 | CN¥307.50 | x |
| 2017-12-31 | CN¥2.42 | CN¥307.50 | x |
| 2018-12-31 | CN¥3.12 | CN¥307.50 | x |
| 2019-12-31 | CN¥3.28 | CN¥307.50 | x |
| 2020-12-31 | CN¥3.83 | CN¥307.50 | x |
| 2021-12-31 | CN¥5.98 | CN¥307.50 | x |
| 2022-12-31 | CN¥6.70 | CN¥307.50 | x |
| 2023-12-31 | CN¥8.08 | CN¥307.50 | x |
| 2024-12-31 | CN¥7.17 | CN¥307.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou TFC Optical Communication 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): 33.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.32%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.19x
- Recent ROE (33.76%) is above the historical average (20.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 31.80% | 43.45% | 0.68x | 1.08x | CN¥32.90 Million |
| 2012 | 26.81% | 38.25% | 0.65x | 1.08x | CN¥34.64 Million |
| 2013 | 22.85% | 38.40% | 0.56x | 1.06x | CN¥32.57 Million |
| 2014 | 27.24% | 44.20% | 0.58x | 1.06x | CN¥56.12 Million |
| 2015 | 15.25% | 43.57% | 0.34x | 1.04x | CN¥35.55 Million |
| 2016 | 16.06% | 39.21% | 0.38x | 1.08x | CN¥45.87 Million |
| 2017 | 13.75% | 32.91% | 0.38x | 1.10x | CN¥30.34 Million |
| 2018 | 12.66% | 30.60% | 0.37x | 1.12x | CN¥28.47 Million |
| 2019 | 14.24% | 31.86% | 0.39x | 1.15x | CN¥49.63 Million |
| 2020 | 20.35% | 31.96% | 0.54x | 1.17x | CN¥141.97 Million |
| 2021 | 13.13% | 29.68% | 0.40x | 1.09x | CN¥73.08 Million |
| 2022 | 15.35% | 33.68% | 0.41x | 1.10x | CN¥140.36 Million |
| 2023 | 22.86% | 37.65% | 0.50x | 1.22x | CN¥410.63 Million |
| 2024 | 33.76% | 41.32% | 0.69x | 1.19x | CN¥945.57 Million |
Industry Comparison
This section compares Suzhou TFC Optical Communication Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $3,019,839,616
- Average return on equity (ROE) among peers: 0.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou TFC Optical Communication Co Ltd (300394) | CN¥4.88 Billion | 31.80% | 0.20x | $34.98 Billion |
| ZTE Corp (000063) | $12.89 Billion | 9.72% | 2.04x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $1.26 Billion | 4.41% | 1.07x | $2.38 Billion |
| Addsino Co Ltd (000547) | $1.76 Billion | 6.83% | 0.47x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $301.15 Million | 8.68% | 0.71x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $2.31 Billion | 12.98% | 1.49x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.95 Billion | 4.92% | 0.86x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $4.31 Billion | 8.91% | 1.38x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.15 Billion | 1.16% | 0.67x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $377.97 Million | -53.76% | 1.52x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $1.89 Billion | 2.50% | 1.29x | $1.71 Billion |
About Suzhou TFC Optical Communication Co Ltd
Suzhou TFC Optical Communication Co., Ltd., together with its subsidiaries, provides optical communication devices in Mainland China and internationally. It operates through Optical Device Overall Solutions and Optoelectronic Advanced Packaging Business segments. The company offers BOX packaging technology platform/high-speed optical engine solutions; coherent optics technology platform/FAU passi… Read more