Weihai Guangwei Composites Co Ltd
Weihai Guangwei Composites Co., Ltd. researches, develops, produces, and sells carbon fiber and composite materials in China. It offers carbon fibers and fabrics, and wind turbine blade carbon beam products. The company also provides machineries, such as carbon fiber, prepegs, wire and tape laying, fiber winding, aerospace tooling molds, and ground support equipment. In addition, it offers techni… Read more
Weihai Guangwei Composites Co Ltd (300699) - Net Assets
Latest net assets as of September 2025: CN¥5.49 Billion CNY
Based on the latest financial reports, Weihai Guangwei Composites Co Ltd (300699) has net assets worth CN¥5.49 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¥8.59 Billion) and total liabilities (CN¥3.09 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¥5.49 Billion |
| % of Total Assets | 63.97% |
| Annual Growth Rate | 13.57% |
| 5-Year Change | 47.79% |
| 10-Year Change | 352.83% |
| Growth Volatility | 22.6 |
Weihai Guangwei Composites Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Weihai Guangwei Composites Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Weihai Guangwei Composites Co Ltd (2012–2024)
The table below shows the annual net assets of Weihai Guangwei Composites Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.49 Billion | -0.67% |
| 2023-12-31 | CN¥5.53 Billion | +10.73% |
| 2022-12-31 | CN¥4.99 Billion | +17.10% |
| 2021-12-31 | CN¥4.26 Billion | +14.74% |
| 2020-12-31 | CN¥3.72 Billion | +14.38% |
| 2019-12-31 | CN¥3.25 Billion | +13.52% |
| 2018-12-31 | CN¥2.86 Billion | +10.42% |
| 2017-12-31 | CN¥2.59 Billion | +83.56% |
| 2016-12-31 | CN¥1.41 Billion | +16.43% |
| 2015-12-31 | CN¥1.21 Billion | +17.02% |
| 2014-12-31 | CN¥1.04 Billion | +4.79% |
| 2013-12-31 | CN¥989.24 Million | -17.10% |
| 2012-12-31 | CN¥1.19 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Weihai Guangwei Composites 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 1191.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.34 Billion | 60.63% |
| Common Stock | CN¥831.35 Million | 15.08% |
| Other Comprehensive Income | CN¥-2.81 Million | -0.05% |
| Other Components | CN¥1.34 Billion | 24.34% |
| Total Equity | CN¥5.51 Billion | 100.00% |
Weihai Guangwei Composites Co Ltd Competitors by Market Cap
The table below lists competitors of Weihai Guangwei Composites Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jumbo S.A.
AT:BELA
|
$2.68 Billion |
|
Infrastrutture Wireless Italiane S.p.A
PINK:IFSUF
|
$2.68 Billion |
|
Mercury NZ Limited
PINK:MGHTF
|
$2.69 Billion |
|
Blue Star Limited
NSE:BLUESTARCO
|
$2.69 Billion |
|
Envestnet Inc
NYSE:ENV
|
$2.68 Billion |
|
IPCA Laboratories Limited
NSE:IPCALAB
|
$2.68 Billion |
|
Vodacom Group Ltd PK
PINK:VDMCY
|
$2.68 Billion |
|
Rubis SCA
PA:RUI
|
$2.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Weihai Guangwei Composites Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,448,026,449 to 5,514,651,551, a change of 66,625,102 (1.2%).
- Net income of 741,184,302 contributed positively to equity growth.
- Dividend payments of 433,757,026 reduced retained earnings.
- Share repurchases of 161,664,371 reduced equity.
- Other comprehensive income increased equity by 2,191,252.
- Other factors decreased equity by 81,329,055.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥741.18 Million | +13.44% |
| Dividends Paid | CN¥433.76 Million | -7.87% |
| Share Repurchases | CN¥161.66 Million | -2.93% |
| Other Comprehensive Income | CN¥2.19 Million | +0.04% |
| Other Changes | CN¥-81.33 Million | -1.47% |
| Total Change | CN¥- | 1.22% |
Book Value vs Market Value Analysis
This analysis compares Weihai Guangwei Composites 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: 5.78x
- 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 20.15x to 5.78x 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¥1.92 | CN¥38.61 | x |
| 2013-12-31 | CN¥1.60 | CN¥38.61 | x |
| 2014-12-31 | CN¥1.63 | CN¥38.61 | x |
| 2015-12-31 | CN¥1.96 | CN¥38.61 | x |
| 2016-12-31 | CN¥2.28 | CN¥38.61 | x |
| 2017-12-31 | CN¥3.76 | CN¥38.61 | x |
| 2018-12-31 | CN¥3.47 | CN¥38.61 | x |
| 2019-12-31 | CN¥3.93 | CN¥38.61 | x |
| 2020-12-31 | CN¥4.39 | CN¥38.61 | x |
| 2021-12-31 | CN¥5.00 | CN¥38.61 | x |
| 2022-12-31 | CN¥5.88 | CN¥38.61 | x |
| 2023-12-31 | CN¥6.56 | CN¥38.61 | x |
| 2024-12-31 | CN¥6.68 | CN¥38.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Weihai Guangwei Composites 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): 13.44%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.25%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.46x
- Recent ROE (13.44%) is above the historical average (13.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 6.99% | 19.74% | 0.20x | 1.79x | CN¥-35.91 Million |
| 2013 | 7.53% | 14.92% | 0.23x | 2.21x | CN¥-24.41 Million |
| 2014 | 4.92% | 10.89% | 0.28x | 1.59x | CN¥-52.64 Million |
| 2015 | 14.86% | 33.18% | 0.30x | 1.51x | CN¥58.92 Million |
| 2016 | 14.11% | 31.47% | 0.29x | 1.54x | CN¥58.11 Million |
| 2017 | 9.15% | 24.98% | 0.30x | 1.23x | CN¥-22.05 Million |
| 2018 | 13.16% | 27.62% | 0.38x | 1.25x | CN¥90.32 Million |
| 2019 | 16.08% | 30.43% | 0.42x | 1.25x | CN¥197.24 Million |
| 2020 | 17.65% | 30.33% | 0.46x | 1.28x | CN¥278.09 Million |
| 2021 | 18.29% | 29.09% | 0.47x | 1.34x | CN¥343.74 Million |
| 2022 | 19.14% | 37.20% | 0.40x | 1.30x | CN¥446.25 Million |
| 2023 | 16.03% | 34.68% | 0.36x | 1.30x | CN¥328.37 Million |
| 2024 | 13.44% | 30.25% | 0.30x | 1.46x | CN¥189.72 Million |
Industry Comparison
This section compares Weihai Guangwei Composites Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,626,916,213
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Weihai Guangwei Composites Co Ltd (300699) | CN¥5.49 Billion | 6.99% | 0.56x | $2.68 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $6.22 Billion | 3.15% | 2.45x | $677.73 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.22 Billion | 8.90% | 0.47x | $2.89 Billion |
| Zangge Holding Co Ltd (000408) | $13.85 Billion | 18.63% | 0.09x | $11.87 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $31.03 Million | 11.65% | 3.42x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $423.89 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $225.85 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $295.21 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $691.87 Million | 1.61% | 0.02x | $187.22 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.01 Billion | 7.14% | 1.28x | $240.44 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $412.94 Million |