Sinostar Cable Co. Ltd. (300933) - Net Assets

Latest as of September 2025: CN¥2.11 Billion CNY ≈ $308.41 Million USD

Based on the latest financial reports, Sinostar Cable Co. Ltd. (300933) has net assets worth CN¥2.11 Billion CNY (≈ $308.41 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¥4.33 Billion ≈ $632.96 Million USD) and total liabilities (CN¥2.22 Billion ≈ $324.55 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 tangible equity quality of Sinostar Cable Co. Ltd. to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.11 Billion
% of Total Assets	48.72%
Annual Growth Rate	11.78%
5-Year Change	60.37%
10-Year Change	N/A
Growth Volatility	8.33

Sinostar Cable Co. Ltd. - Net Assets Trend (2016–2024)

This chart illustrates how Sinostar Cable Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Sinostar Cable Co. Ltd. to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Sinostar Cable Co. Ltd. (2016–2024)

The table below shows the annual net assets of Sinostar Cable Co. Ltd. from 2016 to 2024. For live valuation and market cap data, see how much is Sinostar Cable Co. Ltd. worth.

Year	Net Assets	Change
2024-12-31	CN¥1.70 Billion ≈ $248.39 Million	+2.55%
2023-12-31	CN¥1.66 Billion ≈ $242.21 Million	+4.67%
2022-12-31	CN¥1.58 Billion ≈ $231.40 Million	+14.51%
2021-12-31	CN¥1.38 Billion ≈ $202.08 Million	+30.47%
2020-12-31	CN¥1.06 Billion ≈ $154.89 Million	+9.35%
2019-12-31	CN¥968.00 Million ≈ $141.65 Million	+11.04%
2018-12-31	CN¥871.76 Million ≈ $127.57 Million	+17.39%
2017-12-31	CN¥742.63 Million ≈ $108.67 Million	+6.67%
2016-12-31	CN¥696.21 Million ≈ $101.88 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sinostar Cable 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 2659.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥500.51 Million	30.11%
Common Stock	CN¥466.06 Million	28.04%
Other Comprehensive Income	CN¥221.72 Million	13.34%
Other Components	CN¥474.04 Million	28.52%
Total Equity	CN¥1.66 Billion	100.00%

Sinostar Cable Co. Ltd. Competitors by Market Cap

The table below lists competitors of Sinostar Cable Co. Ltd. ranked by their market capitalization.

Company	Market Cap
Smith & Wesson Brands Inc NASDAQ:SWBI	$522.80 Million
Shen Zhen Australis Electronic Technology Co.Ltd. SHE:300940	$522.91 Million
Cerus Corporation NASDAQ:CERS	$522.96 Million
AA Industrial Belting SHG:603580	$522.98 Million
Flushing Financial Corporation NASDAQ:FFIC	$522.55 Million
Cooper Stnd NYSE:CPS	$522.54 Million
SA Corporate Real Estate Fund Managers Ltd JSE:SAC	$522.54 Million
APAC Opto Electronics TWO:4908	$522.42 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sinostar Cable Co. Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,620,616,121 to 1,662,335,330, a change of 41,719,209 (2.6%).
Net income of 38,121,440 contributed positively to equity growth.
Dividend payments of 69,936,995 reduced retained earnings.
Other comprehensive income decreased equity by 14,763,353.
Other factors increased equity by 88,298,117.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥38.12 Million	+2.29%
Dividends Paid	CN¥69.94 Million	-4.21%
Other Comprehensive Income	CN¥-14.76 Million	-0.89%
Other Changes	CN¥88.30 Million	+5.31%
Total Change	CN¥-	2.57%

Book Value vs Market Value Analysis

This analysis compares Sinostar Cable 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: 1.87x
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 2.95x to 1.87x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	CN¥2.21	CN¥6.53	x
2017-12-31	CN¥2.05	CN¥6.53	x
2018-12-31	CN¥2.36	CN¥6.53	x
2019-12-31	CN¥2.04	CN¥6.53	x
2020-12-31	CN¥2.24	CN¥6.53	x
2021-12-31	CN¥2.95	CN¥6.53	x
2022-12-31	CN¥3.39	CN¥6.53	x
2023-12-31	CN¥3.42	CN¥6.53	x
2024-12-31	CN¥3.49	CN¥6.53	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sinostar Cable 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): 2.29%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.23%
• Asset Turnover: 0.72x
• Equity Multiplier: 2.57x
Recent ROE (2.29%) is below the historical average (6.76%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	6.78%	3.07%	0.90x	2.45x	CN¥-21.33 Million
2017	6.84%	2.49%	1.23x	2.24x	CN¥-22.45 Million
2018	10.58%	4.67%	1.14x	2.00x	CN¥4.85 Million
2019	10.39%	4.65%	1.11x	2.02x	CN¥3.68 Million
2020	8.91%	4.46%	0.92x	2.17x	CN¥-11.22 Million
2021	6.04%	3.23%	0.88x	2.12x	CN¥-53.66 Million
2022	4.91%	2.96%	0.75x	2.21x	CN¥-79.13 Million
2023	4.09%	2.37%	0.71x	2.43x	CN¥-95.71 Million
2024	2.29%	1.23%	0.72x	2.57x	CN¥-128.11 Million

Industry Comparison

This section compares Sinostar Cable Co. Ltd.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

Industry: Electrical Equipment & Parts
Average net assets among peers: $1,962,958,871
Average return on equity (ROE) among peers: 10.16%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sinostar Cable Co. Ltd. (300933)	CN¥2.11 Billion	6.78%	1.05x	$522.77 Million
XJ Electric Co Ltd (000400)	$769.50 Million	13.66%	0.29x	$3.41 Billion
Guangdong Macro Co Ltd (000533)	$656.70 Million	10.00%	3.24x	$1.05 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.39 Billion	11.14%	0.11x	$908.69 Million
Dongfang Electronics Co Ltd (000682)	$1.32 Billion	0.16%	0.16x	$2.52 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.57 Billion	1.54%	1.62x	$742.84 Million
Huagong Tech Co Ltd (000988)	$684.66 Million	5.90%	0.54x	$26.12 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.38 Billion	9.72%	0.89x	$1.44 Billion
Sieyuan Electric Co Ltd (002028)	$10.67 Billion	14.62%	0.76x	$21.78 Billion
Shanghai Welltech Automation Co Ltd (002058)	$102.42 Million	12.86%	0.78x	$468.31 Million
Gotion High tech Co Ltd (002074)	$87.88 Million	21.99%	1.03x	$7.89 Billion

About Sinostar Cable Co. Ltd.

SHE:300933 China Electrical Equipment & Parts

Market Cap

$522.77 Million

CN¥3.57 Billion CNY

Market Cap Rank

#12137 Global

#3531 in China

Share Price

CN¥6.53

Change (1 day)

-1.51%

52-Week Range

CN¥6.49 - CN¥10.01

All Time High

CN¥16.11