Wintao Communications Co. Ltd (301139) - Net Assets
Based on the latest financial reports, Wintao Communications Co. Ltd (301139) has net assets worth CN¥1.95 Billion CNY (≈ $285.49 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.37 Billion ≈ $493.41 Million USD) and total liabilities (CN¥1.42 Billion ≈ $207.91 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 301139 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.95 Billion |
| % of Total Assets | 57.86% |
| Annual Growth Rate | 33.47% |
| 5-Year Change | 252.55% |
| 10-Year Change | N/A |
| Growth Volatility | 68.5 |
Wintao Communications Co. Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Wintao Communications Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Wintao Communications Co. Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Wintao Communications Co. Ltd (2019–2024)
The table below shows the annual net assets of Wintao Communications Co. Ltd from 2019 to 2024. For live valuation and market cap data, see Wintao Communications Co. Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.94 Billion ≈ $283.76 Million |
+1.85% |
| 2023-12-31 | CN¥1.90 Billion ≈ $278.59 Million |
+3.06% |
| 2022-12-31 | CN¥1.85 Billion ≈ $270.31 Million |
+181.28% |
| 2021-12-31 | CN¥656.72 Million ≈ $96.10 Million |
+19.40% |
| 2020-12-31 | CN¥550.03 Million ≈ $80.49 Million |
+20.20% |
| 2019-12-31 | CN¥457.60 Million ≈ $66.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wintao Communications 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 253.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥517.17 Million | 26.67% |
| Other Components | CN¥1.42 Billion | 73.33% |
| Total Equity | CN¥1.94 Billion | 100.00% |
Wintao Communications Co. Ltd Competitors by Market Cap
The table below lists competitors of Wintao Communications Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ideal Group S.A
AT:INTEK
|
$321.33 Million |
|
Korea Ratings Co. Ltd
KQ:034950
|
$321.35 Million |
|
Gersan Elektrik Ticaret ve Sanayi AS
IS:GEREL
|
$321.35 Million |
|
Getty Images Holdings Inc.
NYSE:GETY
|
$321.38 Million |
|
Roma Green Finance Limited Ordinary Shares
NASDAQ:ROMA
|
$321.05 Million |
|
Liberty Latin America Ltd
NASDAQ:LILA
|
$320.93 Million |
|
Ooma Inc
NYSE:OOMA
|
$320.81 Million |
|
SmartCraft ASA
OL:SMCRT
|
$320.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wintao Communications Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,903,891,654 to 1,939,317,298, a change of 35,425,644 (1.9%).
- Net income of 42,355,750 contributed positively to equity growth.
- Dividend payments of 16,783,819 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥42.36 Million | +2.18% |
| Dividends Paid | CN¥16.78 Million | -0.87% |
| Other Changes | CN¥9.85 Million | +0.51% |
| Total Change | CN¥- | 1.86% |
Book Value vs Market Value Analysis
This analysis compares Wintao Communications 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: 1.13x
- 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 3.57x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥5.06 | CN¥18.06 | x |
| 2020-12-31 | CN¥6.03 | CN¥18.06 | x |
| 2021-12-31 | CN¥7.20 | CN¥18.06 | x |
| 2022-12-31 | CN¥15.19 | CN¥18.06 | x |
| 2023-12-31 | CN¥15.66 | CN¥18.06 | x |
| 2024-12-31 | CN¥15.95 | CN¥18.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wintao Communications 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): 2.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.30%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.77x
- Recent ROE (2.18%) is below the historical average (9.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 13.61% | 8.27% | 0.94x | 1.75x | CN¥16.51 Million |
| 2020 | 15.94% | 7.16% | 1.06x | 2.11x | CN¥32.67 Million |
| 2021 | 16.25% | 6.57% | 1.06x | 2.32x | CN¥41.02 Million |
| 2022 | 6.79% | 5.94% | 0.76x | 1.51x | CN¥-59.38 Million |
| 2023 | 3.64% | 3.89% | 0.63x | 1.49x | CN¥-121.11 Million |
| 2024 | 2.18% | 3.30% | 0.37x | 1.77x | CN¥-151.58 Million |
Industry Comparison
This section compares Wintao Communications Co. Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $877,509,294
- Average return on equity (ROE) among peers: -0.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wintao Communications Co. Ltd (301139) | CN¥1.95 Billion | 13.61% | 0.73x | $321.31 Million |
| Beijing Bewinner Communications Co Ltd (002148) | $1.22 Billion | 10.61% | 0.11x | $645.38 Million |
| Net263 Ltd (002467) | $132.02 Million | 11.11% | 0.91x | $1.37 Billion |
| Runjian Communication Co Ltd Class A (002929) | $1.19 Billion | 20.13% | 1.01x | $2.48 Billion |
| Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) | $458.15 Million | 6.12% | 0.99x | $428.10 Million |
| Dingli Communications Corp Ltd (300050) | $686.15 Million | -55.19% | 0.54x | $582.02 Million |
| Fuchun Technology Co Ltd (300299) | $406.51 Million | 2.82% | 0.14x | $622.24 Million |
| Zhong Fu Tong Co Ltd (300560) | $1.10 Billion | -4.80% | 1.47x | $484.45 Million |
| Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) | $1.58 Billion | -4.10% | 0.17x | $1.69 Billion |
| NOVA Technology Corporation Limited (300921) | $812.59 Million | 2.25% | 0.17x | $724.56 Million |
| Wuxi Online Offline Communication Information Technology Co. Ltd. (300959) | $1.19 Billion | 2.22% | 0.12x | $1.11 Billion |
About Wintao Communications Co. Ltd
Wintao Communications Co., Ltd. provides communication technology services in China. It offers communication network maintenance and optimization; and communication network construction services for mobile, telecom, Unicom, and other communication operators, as well as communication infrastructure operators and communication equipment manufacturers. It also provides ICT services, including softwa… Read more