Fibocom Wireless Inc (300638) - Net Assets

Latest as of March 2026: CN¥6.26 Billion CNY ≈ $915.89 Million USD

Based on the latest financial reports, Fibocom Wireless Inc (300638) has net assets worth CN¥6.26 Billion CNY (≈ $915.89 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¥10.06 Billion ≈ $1.47 Billion USD) and total liabilities (CN¥3.80 Billion ≈ $555.81 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 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥6.26 Billion
% of Total Assets	62.23%
Annual Growth Rate	46.7%
5-Year Change	220.9%
10-Year Change	4292.24%
Growth Volatility	69.89

Fibocom Wireless Inc - Net Assets Trend (2012–2025)

This chart illustrates how Fibocom Wireless Inc's net assets have evolved over time, based on quarterly financial data. See 300638 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Fibocom Wireless Inc (2012–2025)

The table below shows the annual net assets of Fibocom Wireless Inc from 2012 to 2025. For live valuation and market cap data, see Fibocom Wireless Inc market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥6.27 Billion ≈ $917.13 Million	+73.47%
2024-12-31	CN¥3.61 Billion ≈ $528.69 Million	+15.48%
2023-12-31	CN¥3.13 Billion ≈ $457.81 Million	+28.84%
2022-12-31	CN¥2.43 Billion ≈ $355.33 Million	+24.33%
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	+190.07%
2018-12-31	CN¥449.32 Million ≈ $65.75 Million	+21.98%
2017-12-31	CN¥368.36 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 5350.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.89 Billion	30.18%
Other Components	CN¥4.37 Billion	69.82%
Total Equity	CN¥6.26 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
LEROY SEAFOOD GR.UNSP.ADR F:Z1L0	$2.27 Billion
Lotte Chemical Corp KO:011170	$2.27 Billion
Hanon Systems KO:018880	$2.27 Billion
Sociedad Punta del Cobre S.A SN:PUCOBRE	$2.27 Billion
SES S. A. PA:SESG	$2.27 Billion
NRW Holdings Ltd AU:NWH	$2.27 Billion
Top Choice Medical Investment Co Inc SHG:600763	$2.27 Billion
Jiangsu Broadcasting Cable inf SHG:600959	$2.27 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 2024 to 2025, total equity changed from 3,604,335,176 to 6,259,682,361, a change of 2,655,347,185 (73.7%).
Net income of 347,040,641 contributed positively to equity growth.
Dividend payments of 304,082,787 reduced retained earnings.
Other factors increased equity by 2,612,389,332.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥347.04 Million	+5.54%
Dividends Paid	CN¥304.08 Million	-4.86%
Other Changes	CN¥2.61 Billion	+41.73%
Total Change	CN¥-	73.67%

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: 2.92x
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 234.19x to 2.92x 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¥20.30	x
2013-12-31	CN¥0.06	CN¥20.30	x
2014-12-31	CN¥0.18	CN¥20.30	x
2015-12-31	CN¥0.23	CN¥20.30	x
2016-12-31	CN¥0.29	CN¥20.30	x
2017-12-31	CN¥0.58	CN¥20.30	x
2018-12-31	CN¥0.68	CN¥20.30	x
2019-12-31	CN¥1.76	CN¥20.30	x
2020-12-31	CN¥2.11	CN¥20.30	x
2021-12-31	CN¥2.62	CN¥20.30	x
2022-12-31	CN¥3.20	CN¥20.30	x
2023-12-31	CN¥4.11	CN¥20.30	x
2024-12-31	CN¥4.69	CN¥20.30	x
2025-12-31	CN¥6.96	CN¥20.30	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): 5.54%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.97%
• Asset Turnover: 0.72x
• Equity Multiplier: 1.55x
Recent ROE (5.54%) is below the historical average (19.07%), 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	19.32%	6.95%	1.24x	2.23x	CN¥41.87 Million
2019	13.05%	8.88%	0.93x	1.58x	CN¥39.74 Million
2020	18.16%	10.34%	0.93x	1.90x	CN¥127.41 Million
2021	20.55%	9.77%	0.98x	2.15x	CN¥206.04 Million
2022	15.02%	6.46%	0.88x	2.63x	CN¥122.01 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
2025	5.54%	4.97%	0.72x	1.55x	CN¥-278.93 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: $1,668,860,588
Average return on equity (ROE) among peers: -18.38%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Fibocom Wireless Inc (300638)	CN¥6.26 Billion	15.86%	0.61x	$2.27 Billion
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 Fibocom Wireless Inc

SHE:300638 China Communication Equipment

Market Cap

$2.27 Billion

CN¥15.51 Billion CNY

Market Cap Rank

#5901 Global

#1206 in China

Share Price

CN¥20.30

Change (1 day)

+1.10%

52-Week Range

CN¥19.40 - CN¥36.00

All Time High

CN¥8593.97