Fibocom Wireless Inc (300638) - Net Assets

Latest as of September 2025: CN¥3.68 Billion CNY ≈ $538.31 Million USD

Based on the latest financial reports, Fibocom Wireless Inc (300638) has net assets worth CN¥3.68 Billion CNY (≈ $538.31 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¥7.44 Billion ≈ $1.09 Billion USD) and total liabilities (CN¥3.76 Billion ≈ $549.88 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 300638 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 300638 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Fibocom Wireless Inc market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥3.61 Billion ≈ $528.69 Million	+15.48%
2023-12-31	CN¥3.13 Billion ≈ $457.81 Million	+28.87%
2022-12-31	CN¥2.43 Billion ≈ $355.25 Million	+24.30%
2021-12-31	CN¥1.95 Billion ≈ $285.80 Million	+25.03%
2020-12-31	CN¥1.56 Billion ≈ $228.59 Million	+19.86%
2019-12-31	CN¥1.30 Billion ≈ $190.72 Million	+190.69%
2018-12-31	CN¥448.36 Million ≈ $65.61 Million	+21.72%
2017-12-31	CN¥368.37 Million ≈ $53.90 Million	+158.15%
2016-12-31	CN¥142.69 Million ≈ $20.88 Million	+27.40%
2015-12-31	CN¥112.01 Million ≈ $16.39 Million	+27.69%
2014-12-31	CN¥87.72 Million ≈ $12.84 Million	+193.96%
2013-12-31	CN¥29.84 Million ≈ $4.37 Million	-30.63%
2012-12-31	CN¥43.01 Million ≈ $6.29 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
HNI Corp NYSE:HNI	$2.51 Billion
Jointo Energy Investment Co Ltd Hebei SHE:000600	$2.51 Billion
Shandong Buchang Pharmaceuticals Co Ltd SHG:603858	$2.51 Billion
Indraprastha Gas Limited NSE:IGL	$2.51 Billion
Unibel S.A PA:UNBL	$2.51 Billion
Ral Yatirim Holding AS IS:RALYH	$2.51 Billion
ANSELL (UNSP.ADRS)/4 F:PD1	$2.51 Billion
Odfjell Drilling Ltd OL:ODL	$2.51 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: 4.78x
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 258.99x to 4.78x 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¥22.45	x
2013-12-31	CN¥0.06	CN¥22.45	x
2014-12-31	CN¥0.18	CN¥22.45	x
2015-12-31	CN¥0.23	CN¥22.45	x
2016-12-31	CN¥0.29	CN¥22.45	x
2017-12-31	CN¥0.58	CN¥22.45	x
2018-12-31	CN¥0.68	CN¥22.45	x
2019-12-31	CN¥1.76	CN¥22.45	x
2020-12-31	CN¥2.11	CN¥22.45	x
2021-12-31	CN¥2.62	CN¥22.45	x
2022-12-31	CN¥3.20	CN¥22.45	x
2023-12-31	CN¥4.11	CN¥22.45	x
2024-12-31	CN¥4.69	CN¥22.45	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: $5,529,985,490
Average return on equity (ROE) among peers: -0.98%

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	$2.51 Billion
ZTE Corp (000063)	$43.35 Billion	8.36%	1.79x	$21.63 Billion
Shenzhen SDG Information Co Ltd (000070)	$204.52 Million	22.76%	2.18x	$2.38 Billion
Addsino Co Ltd (000547)	$459.32 Million	-8.36%	1.39x	$5.75 Billion
Sichuan Huiyuan Optical Com (000586)	$262.65 Million	0.31%	1.13x	$501.31 Million
PetroChina Jinhong Energy Investment Co Ltd (000669)	$78.54 Million	4.37%	0.86x	$417.18 Million
Sichuan Jiuzhou Electronic Co Ltd (000801)	$2.80 Billion	2.74%	0.79x	$1.90 Billion
Skyworth Digital Co Ltd (000810)	$2.01 Billion	18.94%	0.94x	$2.14 Billion
Gohigh Data Networks Technology Co Ltd (000851)	$2.78 Billion	2.03%	1.22x	$64.38 Million
Shenzhen Coship Electronics Co Ltd (002052)	$916.66 Million	-66.59%	1.08x	$1.11 Billion
Sunwave Communications Co Ltd (002115)	$2.43 Billion	5.61%	0.88x	$1.71 Billion

About Fibocom Wireless Inc

SHE:300638 China Communication Equipment

Market Cap

$2.51 Billion

CN¥17.16 Billion CNY

Market Cap Rank

#5475 Global

#1111 in China

Share Price

CN¥22.45

Change (1 day)

-0.22%

52-Week Range

CN¥22.45 - CN¥36.00

All Time High

CN¥8593.97