Weihai Guangwei Composites Co Ltd (300699) - Net Assets
Based on the latest financial reports, Weihai Guangwei Composites Co Ltd (300699) has net assets worth CN¥14.51 Billion CNY (≈ $2.12 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.02 Billion ≈ $1.32 Billion USD) and total liabilities (CN¥-5.49 Billion ≈ $-803.84 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 how resilient are Weihai Guangwei Composites Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥14.51 Billion |
| % of Total Assets | 160.93% |
| Annual Growth Rate | 21.19% |
| 5-Year Change | 240.22% |
| 10-Year Change | 927.33% |
| Growth Volatility | 45.19 |
Weihai Guangwei Composites Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Weihai Guangwei Composites Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Weihai Guangwei Composites Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Weihai Guangwei Composites Co Ltd (2012–2025)
The table below shows the annual net assets of Weihai Guangwei Composites Co Ltd from 2012 to 2025. For live valuation and market cap data, see 300699 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥14.51 Billion ≈ $2.12 Billion |
+164.15% |
| 2024-12-31 | CN¥5.49 Billion ≈ $803.76 Million |
-0.67% |
| 2023-12-31 | CN¥5.53 Billion ≈ $809.20 Million |
+10.73% |
| 2022-12-31 | CN¥4.99 Billion ≈ $730.80 Million |
+17.10% |
| 2021-12-31 | CN¥4.26 Billion ≈ $624.06 Million |
+14.74% |
| 2020-12-31 | CN¥3.72 Billion ≈ $543.87 Million |
+14.38% |
| 2019-12-31 | CN¥3.25 Billion ≈ $475.50 Million |
+13.52% |
| 2018-12-31 | CN¥2.86 Billion ≈ $418.89 Million |
+10.42% |
| 2017-12-31 | CN¥2.59 Billion ≈ $379.36 Million |
+83.56% |
| 2016-12-31 | CN¥1.41 Billion ≈ $206.67 Million |
+16.43% |
| 2015-12-31 | CN¥1.21 Billion ≈ $177.50 Million |
+17.02% |
| 2014-12-31 | CN¥1.04 Billion ≈ $151.69 Million |
+4.79% |
| 2013-12-31 | CN¥989.24 Million ≈ $144.76 Million |
-17.10% |
| 2012-12-31 | CN¥1.19 Billion ≈ $174.61 Million |
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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 1263.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.53 Billion | 64.26% |
| Other Comprehensive Income | CN¥5.52 Billion | 100.54% |
| Total Equity | CN¥5.49 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 |
|---|---|
|
CECEP Wind-Power Corp Co Ltd
SHG:601016
|
$4.01 Billion |
|
Waystar Holding Corp. Common Stock
NASDAQ:WAY
|
$4.02 Billion |
|
PEPCO GROUP N.V. EO-01
F:8UX
|
$4.02 Billion |
|
Sunrise Communications AG
NASDAQ:SNRE
|
$4.02 Billion |
|
Fluidra
MC:FDR
|
$4.01 Billion |
|
China International Marine Containers (Group) Co. Ltd
F:OCM
|
$4.01 Billion |
|
RAMSAY HLTH.CARE ADR/025
F:RMY0
|
$4.01 Billion |
|
Jiangxi Special Electric Motor Co Ltd
SHE:002176
|
$4.01 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 2024 to 2025, total equity changed from 5,514,651,551 to 5,493,313,000, a change of -21,338,551 (-0.4%).
- Net income of 601,424,900 contributed positively to equity growth.
- Dividend payments of 448,889,623 reduced retained earnings.
- Other comprehensive income increased equity by 5,525,948,426.
- Other factors decreased equity by 5,699,822,254.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥601.42 Million | +10.95% |
| Dividends Paid | CN¥448.89 Million | -8.17% |
| Other Comprehensive Income | CN¥5.53 Billion | +100.59% |
| Other Changes | CN¥-5.70 Billion | -103.76% |
| Total Change | CN¥- | -0.39% |
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: 4.99x
- 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 17.22x to 4.99x 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¥33.00 | x |
| 2013-12-31 | CN¥1.60 | CN¥33.00 | x |
| 2014-12-31 | CN¥1.63 | CN¥33.00 | x |
| 2015-12-31 | CN¥1.96 | CN¥33.00 | x |
| 2016-12-31 | CN¥2.28 | CN¥33.00 | x |
| 2017-12-31 | CN¥3.76 | CN¥33.00 | x |
| 2018-12-31 | CN¥3.47 | CN¥33.00 | x |
| 2019-12-31 | CN¥3.93 | CN¥33.00 | x |
| 2020-12-31 | CN¥4.39 | CN¥33.00 | x |
| 2021-12-31 | CN¥5.00 | CN¥33.00 | x |
| 2022-12-31 | CN¥5.88 | CN¥33.00 | x |
| 2023-12-31 | CN¥6.56 | CN¥33.00 | x |
| 2024-12-31 | CN¥6.68 | CN¥33.00 | x |
| 2025-12-31 | CN¥6.61 | CN¥33.00 | 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): 10.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.04%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.64x
- Recent ROE (10.95%) is below the historical average (13.00%), 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 | 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 | 14.54% | 32.48% | 0.30x | 1.51x | CN¥55.09 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% | 0.45x | 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 |
| 2025 | 10.95% | 21.04% | 0.32x | 1.64x | CN¥52.09 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: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Weihai Guangwei Composites Co Ltd (300699) | CN¥14.51 Billion | 6.99% | -0.38x | $4.01 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $12.66 Billion | 14.57% | 1.45x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $7.35 Billion | 4.73% | 1.50x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $246.65 Million | 3.47% | 1.71x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $477.67 Million | 1.53% | 1.45x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.67 Billion | 1.91% | 0.16x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $220.98 Million | 19.06% | 0.40x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $93.73 Million | 50.32% | 1.49x | $4.87 Billion |
About Weihai Guangwei Composites Co Ltd
Weihai Guangwei Composites Co., Ltd. engages in the research, development, production, and sale of carbon fibers and composite materials in China. The company offers carbon fibers, raw silk, carbon fiber warp-knitted fabrics, and carbon fiber fabrics; prepreg tapes, fabric prepreg, narrow band slitting, prepreg, and stage prepreg products; composite material products comprising pipes, shaped part… Read more