Fibocom Wireless Inc
Fibocom Wireless Inc. designs, develops, and sells wireless communication modules and communication solutions in China and internationally. The company offers MBB wireless, IoT wireless, smart wireless, automotive grade, 2G/3G/4G/5G/NBT0T cellular wireless communication, Wi-Fi, and GNSS modules, as well as intelligent solutions. Its products are used in 5G, smart energy, industrial IoT, public se… Read more
Fibocom Wireless Inc (300638) - Net Assets
Latest net assets as of September 2025: CN¥3.68 Billion CNY
Based on the latest financial reports, Fibocom Wireless Inc (300638) has net assets worth CN¥3.68 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.44 Billion) and total liabilities (CN¥3.76 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.68 Billion |
| % of Total Assets | 49.47% |
| Annual Growth Rate | 44.66% |
| 5-Year Change | 131.28% |
| 10-Year Change | 3125.69% |
| Growth Volatility | 72.73 |
Fibocom Wireless Inc - Net Assets Trend (2012–2024)
This chart illustrates how Fibocom Wireless Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fibocom Wireless Inc (2012–2024)
The table below shows the annual net assets of Fibocom Wireless Inc from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.61 Billion | +15.48% |
| 2023-12-31 | CN¥3.13 Billion | +28.87% |
| 2022-12-31 | CN¥2.43 Billion | +24.30% |
| 2021-12-31 | CN¥1.95 Billion | +25.03% |
| 2020-12-31 | CN¥1.56 Billion | +19.86% |
| 2019-12-31 | CN¥1.30 Billion | +190.69% |
| 2018-12-31 | CN¥448.36 Million | +21.72% |
| 2017-12-31 | CN¥368.37 Million | +158.15% |
| 2016-12-31 | CN¥142.69 Million | +27.40% |
| 2015-12-31 | CN¥112.01 Million | +27.69% |
| 2014-12-31 | CN¥87.72 Million | +193.96% |
| 2013-12-31 | CN¥29.84 Million | -30.63% |
| 2012-12-31 | CN¥43.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fibocom Wireless Inc'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 5262.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.86 Billion | 51.57% |
| Common Stock | CN¥765.57 Million | 21.24% |
| Other Components | CN¥980.16 Million | 27.19% |
| Total Equity | CN¥3.60 Billion | 100.00% |
Fibocom Wireless Inc Competitors by Market Cap
The table below lists competitors of Fibocom Wireless Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Tonze Electric Co Ltd
SHE:002759
|
$1.78 Billion |
|
Ourpalm
SHE:300315
|
$1.78 Billion |
|
Shenzhen JPT Opto Electronics Co Ltd
SHG:688025
|
$1.78 Billion |
|
Artemis Gold Inc
PINK:ARGTF
|
$1.78 Billion |
|
UOL Group Limited
PINK:UOLGF
|
$1.78 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
$1.78 Billion |
|
Seibu Holdings Inc
PINK:SEIBF
|
$1.78 Billion |
|
Beta Technologies, Inc.
NYSE:BETA
|
$1.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fibocom Wireless Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,133,081,000 to 3,604,335,000, a change of 471,254,000 (15.0%).
- Net income of 667,964,228 contributed positively to equity growth.
- Dividend payments of 334,865,000 reduced retained earnings.
- Share repurchases of 2,448,416 reduced equity.
- Other factors increased equity by 140,603,188.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥667.96 Million | +18.53% |
| Dividends Paid | CN¥334.87 Million | -9.29% |
| Share Repurchases | CN¥2.45 Million | -0.07% |
| Other Changes | CN¥140.60 Million | +3.9% |
| Total Change | CN¥- | 15.04% |
Book Value vs Market Value Analysis
This analysis compares Fibocom Wireless Inc'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: 5.72x
- 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 309.64x to 5.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.09 | CN¥26.84 | x |
| 2013-12-31 | CN¥0.06 | CN¥26.84 | x |
| 2014-12-31 | CN¥0.18 | CN¥26.84 | x |
| 2015-12-31 | CN¥0.23 | CN¥26.84 | x |
| 2016-12-31 | CN¥0.29 | CN¥26.84 | x |
| 2017-12-31 | CN¥0.58 | CN¥26.84 | x |
| 2018-12-31 | CN¥0.68 | CN¥26.84 | x |
| 2019-12-31 | CN¥1.76 | CN¥26.84 | x |
| 2020-12-31 | CN¥2.11 | CN¥26.84 | x |
| 2021-12-31 | CN¥2.62 | CN¥26.84 | x |
| 2022-12-31 | CN¥3.20 | CN¥26.84 | x |
| 2023-12-31 | CN¥4.11 | CN¥26.84 | x |
| 2024-12-31 | CN¥4.69 | CN¥26.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fibocom Wireless Inc 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): 18.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.16%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 2.09x
- Recent ROE (18.53%) is below the historical average (20.12%), 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 | 15.86% | 5.83% | 1.13x | 2.41x | CN¥2.52 Million |
| 2013 | 22.88% | 5.56% | 1.42x | 2.89x | CN¥3.84 Million |
| 2014 | 28.76% | 8.63% | 1.92x | 1.73x | CN¥16.45 Million |
| 2015 | 31.18% | 10.71% | 1.66x | 1.75x | CN¥23.72 Million |
| 2016 | 28.26% | 11.71% | 1.25x | 1.93x | CN¥26.05 Million |
| 2017 | 11.91% | 7.79% | 0.92x | 1.67x | CN¥7.02 Million |
| 2018 | 19.36% | 6.95% | 1.25x | 2.24x | CN¥41.96 Million |
| 2019 | 13.05% | 8.88% | 0.93x | 1.58x | CN¥39.74 Million |
| 2020 | 18.16% | 10.34% | 0.94x | 1.87x | CN¥127.41 Million |
| 2021 | 20.55% | 9.77% | 0.98x | 2.15x | CN¥206.04 Million |
| 2022 | 15.03% | 6.46% | 0.88x | 2.64x | CN¥122.06 Million |
| 2023 | 17.99% | 7.30% | 1.09x | 2.26x | CN¥250.25 Million |
| 2024 | 18.53% | 8.16% | 1.08x | 2.09x | CN¥307.53 Million |
Industry Comparison
This section compares Fibocom Wireless Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,522,000,668
- Average return on equity (ROE) among peers: -3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fibocom Wireless Inc (300638) | CN¥3.68 Billion | 15.86% | 1.02x | $1.78 Billion |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |