Nanjing Quanxin Cable Technology Co Ltd (300447) - Net Assets
Based on the latest financial reports, Nanjing Quanxin Cable Technology Co Ltd (300447) has net assets worth CN¥1.99 Billion CNY (≈ $291.16 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.54 Billion ≈ $372.40 Million USD) and total liabilities (CN¥555.18 Million ≈ $81.24 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 300447 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.99 Billion |
| % of Total Assets | 78.18% |
| Annual Growth Rate | 20.51% |
| 5-Year Change | 58.8% |
| 10-Year Change | 253.9% |
| Growth Volatility | 43.77 |
Nanjing Quanxin Cable Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Nanjing Quanxin Cable Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300447 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Nanjing Quanxin Cable Technology Co Ltd (2012–2024)
The table below shows the annual net assets of Nanjing Quanxin Cable Technology Co Ltd from 2012 to 2024. For live valuation and market cap data, see how much is Nanjing Quanxin Cable Technology Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.98 Billion ≈ $290.19 Million |
-1.80% |
| 2023-12-31 | CN¥2.02 Billion ≈ $295.51 Million |
+7.65% |
| 2022-12-31 | CN¥1.88 Billion ≈ $274.51 Million |
+7.03% |
| 2021-12-31 | CN¥1.75 Billion ≈ $256.49 Million |
+40.35% |
| 2020-12-31 | CN¥1.25 Billion ≈ $182.75 Million |
+13.77% |
| 2019-12-31 | CN¥1.10 Billion ≈ $160.63 Million |
-12.89% |
| 2018-12-31 | CN¥1.26 Billion ≈ $184.40 Million |
-16.85% |
| 2017-12-31 | CN¥1.52 Billion ≈ $221.77 Million |
+132.70% |
| 2016-12-31 | CN¥651.30 Million ≈ $95.31 Million |
+16.23% |
| 2015-12-31 | CN¥560.37 Million ≈ $82.00 Million |
+103.43% |
| 2014-12-31 | CN¥275.46 Million ≈ $40.31 Million |
+8.64% |
| 2013-12-31 | CN¥253.54 Million ≈ $37.10 Million |
+19.89% |
| 2012-12-31 | CN¥211.48 Million ≈ $30.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nanjing Quanxin Cable Technology 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 524.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥802.57 Million | 40.47% |
| Other Components | CN¥1.18 Billion | 59.53% |
| Total Equity | CN¥1.98 Billion | 100.00% |
Nanjing Quanxin Cable Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Nanjing Quanxin Cable Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Regal Partners Ltd
AU:RPL
|
$746.77 Million |
|
China Resources and Environment Co Ltd
SHG:600217
|
$747.11 Million |
|
Wolfspeed, Inc.
NYSE:WOLF
|
$747.12 Million |
|
Mavi Giyim Sanayi Ve Ticaret AS
IS:MAVI
|
$747.39 Million |
|
Baticim Bati Anadolu Cimento Sanayi AS
IS:BTCIM
|
$746.12 Million |
|
Viglacera Corp JSC
VN:VGC
|
$746.11 Million |
|
Beingmate Baby & Child Food Co Ltd
SHE:002570
|
$745.97 Million |
|
Team Group Inc
TW:4967
|
$745.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Quanxin Cable Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,019,449,350 to 1,983,130,777, a change of -36,318,574 (-1.8%).
- Net income of 17,798,024 contributed positively to equity growth.
- Dividend payments of 21,848,265 reduced retained earnings.
- Other factors decreased equity by 32,268,333.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥17.80 Million | +0.9% |
| Dividends Paid | CN¥21.85 Million | -1.1% |
| Other Changes | CN¥-32.27 Million | -1.63% |
| Total Change | CN¥- | -1.80% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Quanxin Cable Technology 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: 2.57x
- 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 3.41x to 2.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.79 | CN¥16.33 | x |
| 2018-12-31 | CN¥3.96 | CN¥16.33 | x |
| 2019-12-31 | CN¥3.74 | CN¥16.33 | x |
| 2020-12-31 | CN¥4.25 | CN¥16.33 | x |
| 2021-12-31 | CN¥5.54 | CN¥16.33 | x |
| 2022-12-31 | CN¥6.01 | CN¥16.33 | x |
| 2023-12-31 | CN¥6.47 | CN¥16.33 | x |
| 2024-12-31 | CN¥6.35 | CN¥16.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Quanxin Cable Technology 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): 0.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.95%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.27x
- Recent ROE (0.90%) is below the historical average (9.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 19.72% | 23.80% | 0.66x | 1.25x | CN¥20.56 Million |
| 2013 | 16.59% | 22.55% | 0.60x | 1.22x | CN¥16.71 Million |
| 2014 | 17.88% | 24.25% | 0.61x | 1.21x | CN¥21.71 Million |
| 2015 | 12.87% | 28.56% | 0.37x | 1.22x | CN¥16.02 Million |
| 2016 | 14.19% | 21.72% | 0.43x | 1.52x | CN¥26.86 Million |
| 2017 | 8.19% | 21.67% | 0.32x | 1.18x | CN¥-27.13 Million |
| 2018 | -20.37% | -38.97% | 0.42x | 1.25x | CN¥-376.47 Million |
| 2019 | 12.58% | 21.92% | 0.42x | 1.36x | CN¥28.09 Million |
| 2020 | 11.23% | 19.48% | 0.40x | 1.45x | CN¥15.20 Million |
| 2021 | 9.44% | 17.38% | 0.37x | 1.45x | CN¥-9.65 Million |
| 2022 | 10.09% | 17.33% | 0.40x | 1.45x | CN¥1.63 Million |
| 2023 | 6.61% | 12.88% | 0.37x | 1.38x | CN¥-68.43 Million |
| 2024 | 0.90% | 1.95% | 0.36x | 1.27x | CN¥-180.52 Million |
Industry Comparison
This section compares Nanjing Quanxin Cable Technology Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,668,860,588
- Average return on equity (ROE) among peers: -18.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Quanxin Cable Technology Co Ltd (300447) | CN¥1.99 Billion | 19.72% | 0.28x | $746.29 Million |
| ZTE Corp (000063) | $42.55 Million | 189.70% | 2.42x | $22.33 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $2.88 Billion | 11.20% | 1.46x | $2.73 Billion |
| Addsino Co Ltd (000547) | $5.57 Billion | 3.88% | 0.24x | $4.61 Billion |
| Sichuan Huiyuan Optical Com (000586) | $260.80 Million | 1.16% | 1.11x | $431.95 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $1.39 Billion | -102.15% | 5.62x | $401.25 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $178.59 Million | 6.04% | 0.38x | $1.72 Billion |
| Skyworth Digital Co Ltd (000810) | $4.56 Billion | 9.25% | 1.46x | $2.07 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $820.93 Million | -279.00% | 4.69x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $870.26 Million | -47.89% | 2.43x | $930.39 Million |
| Sunwave Communications Co Ltd (002115) | $112.36 Million | 24.04% | 1.27x | $1.39 Billion |
About Nanjing Quanxin Cable Technology Co Ltd
Nanjing Quanxin Cable Technology Co., Ltd. engages in military optical cables and components business in China. The company research, develops, produces, and sells optical fiber, photoelectric system integration, multi-protocol network solutions, and other series products. It also manufactures wires and cables, optical cable, electronic, optoelectronic, optical communication equipment, electronic… Read more