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¥5.99 Billion CNY (≈ $876.01 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.98 Billion ≈ $1.02 Billion USD) and total liabilities (CN¥995.17 Million ≈ $145.62 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. Also explore 300394 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.99 Billion |
| % of Total Assets | 85.75% |
| Annual Growth Rate | 29.3% |
| 5-Year Change | 135.95% |
| 10-Year Change | 628.14% |
| Growth Volatility | 26.28 |
Suzhou TFC Optical Communication Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Suzhou TFC Optical Communication Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Suzhou TFC Optical Communication Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Suzhou TFC Optical Communication Co Ltd (2011–2025)
The table below shows the annual net assets of Suzhou TFC Optical Communication Co Ltd from 2011 to 2025. For live valuation and market cap data, see 300394 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.51 Billion ≈ $806.68 Million |
+38.30% |
| 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 12951.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.27 Billion | 59.43% |
| Other Components | CN¥2.23 Billion | 40.57% |
| Total Equity | CN¥5.51 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 |
|---|---|
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
F:L3XB
|
$19.52 Billion |
|
Baoshan Iron & Steel Co Ltd
SHG:600019
|
$19.54 Billion |
|
ASTELLAS PHARMA UNSP.ADR
F:YPHA
|
$19.55 Billion |
|
Fubon Financial Holding Co Ltd Pref B
TW:2881B
|
$19.57 Billion |
|
Moderna Inc
NASDAQ:MRNA
|
$19.49 Billion |
|
AerCap Holdings N.V
F:R1D
|
$19.49 Billion |
|
Expeditors International of Washington, Inc.
NASDAQ:EXPD
|
$19.44 Billion |
|
Arca Continental S.A.B. de C.V
MX:AC
|
$19.40 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 2024 to 2025, total equity changed from 3,979,564,829 to 5,505,983,414, a change of 1,526,418,585 (38.4%).
- Net income of 2,017,266,034 contributed positively to equity growth.
- Dividend payments of 667,320,316 reduced retained earnings.
- Other comprehensive income decreased equity by 426,428,201.
- Other factors increased equity by 602,901,068.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.02 Billion | +36.64% |
| Dividends Paid | CN¥667.32 Million | -12.12% |
| Other Comprehensive Income | CN¥-426.43 Million | -7.74% |
| Other Changes | CN¥602.90 Million | +10.95% |
| Total Change | CN¥- | 38.36% |
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: 24.15x
- 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 302.15x to 24.15x 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¥171.01 | x |
| 2012-12-31 | CN¥0.77 | CN¥171.01 | x |
| 2013-12-31 | CN¥0.95 | CN¥171.01 | x |
| 2014-12-31 | CN¥1.22 | CN¥171.01 | x |
| 2015-12-31 | CN¥2.10 | CN¥171.01 | x |
| 2016-12-31 | CN¥2.26 | CN¥171.01 | x |
| 2017-12-31 | CN¥2.42 | CN¥171.01 | x |
| 2018-12-31 | CN¥3.12 | CN¥171.01 | x |
| 2019-12-31 | CN¥3.28 | CN¥171.01 | x |
| 2020-12-31 | CN¥3.83 | CN¥171.01 | x |
| 2021-12-31 | CN¥5.98 | CN¥171.01 | x |
| 2022-12-31 | CN¥6.70 | CN¥171.01 | x |
| 2023-12-31 | CN¥8.08 | CN¥171.01 | x |
| 2024-12-31 | CN¥7.17 | CN¥171.01 | x |
| 2025-12-31 | CN¥7.08 | CN¥171.01 | 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): 36.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.07%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.17x
- Recent ROE (36.64%) is above the historical average (21.52%), 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 | 1.18x | 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 |
| 2025 | 36.64% | 39.07% | 0.80x | 1.17x | CN¥1.47 Billion |
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: $4,773,416,878
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou TFC Optical Communication Co Ltd (300394) | CN¥5.99 Billion | 31.80% | 0.17x | $19.50 Billion |
| ZTE Corp (000063) | $40.89 Billion | -4.54% | 2.46x | $19.93 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $1.41 Billion | 6.52% | 1.81x | $1.67 Billion |
| Addsino Co Ltd (000547) | $1.78 Billion | 7.79% | 0.60x | $3.31 Billion |
| Sichuan Huiyuan Optical Com (000586) | $301.15 Million | 8.68% | 0.71x | $301.46 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $81.97 Million | 21.36% | 2.89x | $332.55 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $143.33 Million | 19.26% | 1.51x | $1.71 Billion |
| Skyworth Digital Co Ltd (000810) | $164.28 Million | 4.58% | 1.49x | $1.59 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $397.58 Million | -4.60% | 0.35x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $138.42 Million | 29.26% | 1.88x | $965.63 Million |
| Sunwave Communications Co Ltd (002115) | $2.43 Billion | 5.61% | 0.88x | $1.33 Billion |
About Suzhou TFC Optical Communication Co Ltd
Suzhou TFC Optical Communication Co., Ltd., together with its subsidiaries, provides optical sub-assembly integrated solutions and optoelectronic packaging manufacturing services 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… Read more