Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Net Assets
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. net assets. Based on the latest financial reports, Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) has net assets worth CN¥1.12 Billion CNY (≈ $163.35 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.39 Billion ≈ $202.99 Million USD) and total liabilities (CN¥270.88 Million ≈ $39.64 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. Also explore Shanghai National Center of Testing and (301289) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.12 Billion |
| % of Total Assets | 80.47% |
| Annual Growth Rate | 26.97% |
| 5-Year Change | 177.38% |
| 10-Year Change | N/A |
| Growth Volatility | 49.67 |
Net Assets of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (2019–2025)
Net assets of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. from 2019 to 2025. This chart illustrates how Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Shanghai National Center of Testing and to measure how much of total assets are equity-financed.
Annual Net Assets for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (2019–2025)
The table below shows the annual net assets of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. from 2019 to 2025. For live market cap and overall valuation, see Shanghai National Center of Testing and market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.09 Billion ≈ $160.03 Million |
+3.61% |
| 2024-12-31 | CN¥1.06 Billion ≈ $154.45 Million |
+4.03% |
| 2023-12-31 | CN¥1.01 Billion ≈ $148.47 Million |
+5.79% |
| 2022-12-31 | CN¥959.05 Million ≈ $140.34 Million |
+143.25% |
| 2021-12-31 | CN¥394.27 Million ≈ $57.69 Million |
+24.60% |
| 2020-12-31 | CN¥316.42 Million ≈ $46.30 Million |
+21.29% |
| 2019-12-31 | CN¥260.88 Million ≈ $38.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai National Center of Testing and Inspection for Electric Cable and Wire 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 138.0% over the analyzed period, indicating profitable operations and earnings retention.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Net Assets Breakdown (December 2025)
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥259.06 Million | 25.68% |
| Other Components | CN¥749.69 Million | 74.32% |
| Total Equity | CN¥1.01 Billion | 100.00% |
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Competitors by Market Cap
The table below lists competitors of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Capital Futures Corp
TW:6024
|
$460.65 Million |
|
Zhejiang Kanglongda Special
SHG:603665
|
$460.67 Million |
|
St Barbara Limited
F:BM1
|
$460.69 Million |
|
RPG Life Sciences Limited
NSE:RPGLIFE
|
$460.70 Million |
|
GENERAL Elevator Co. Ltd.
SHE:300931
|
$460.45 Million |
|
Citychamp Dartong Co Ltd
SHG:600067
|
$460.24 Million |
|
Jinxiandai Information Industry Co
SHE:300830
|
$459.98 Million |
|
DINGDONG CAYMAN 2ADR/3 A
F:945
|
$459.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 976,505,919 to 1,008,747,531, a change of 32,241,612 (3.3%).
- Net income of 86,241,932 contributed positively to equity growth.
- Dividend payments of 32,053,620 reduced retained earnings.
- Other factors decreased equity by 21,946,701.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥86.24 Million | +8.55% |
| Dividends Paid | CN¥32.05 Million | -3.18% |
| Other Changes | CN¥-21.95 Million | -2.18% |
| Total Change | CN¥- | 3.30% |
Book Value vs Market Value Analysis
This analysis compares Shanghai National Center of Testing and Inspection for Electric Cable and Wire 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: 3.12x
- 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 6.96x to 3.12x 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¥5.79 | CN¥40.35 | x |
| 2020-12-31 | CN¥5.41 | CN¥40.35 | x |
| 2021-12-31 | CN¥6.74 | CN¥40.35 | x |
| 2022-12-31 | CN¥11.50 | CN¥40.35 | x |
| 2023-12-31 | CN¥12.12 | CN¥40.35 | x |
| 2024-12-31 | CN¥12.52 | CN¥40.35 | x |
| 2025-12-31 | CN¥12.93 | CN¥40.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai National Center of Testing and Inspection for Electric Cable and Wire 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): 8.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.84%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.37x
- Recent ROE (8.55%) is below the historical average (12.73%), 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 | 20.66% | 32.94% | 0.50x | 1.24x | CN¥27.79 Million |
| 2020 | 17.60% | 31.26% | 0.40x | 1.42x | CN¥24.05 Million |
| 2021 | 18.57% | 33.50% | 0.36x | 1.55x | CN¥33.79 Million |
| 2022 | 8.21% | 35.27% | 0.18x | 1.30x | CN¥-16.07 Million |
| 2023 | 7.79% | 26.60% | 0.22x | 1.32x | CN¥-20.86 Million |
| 2024 | 7.71% | 25.42% | 0.23x | 1.32x | CN¥-22.37 Million |
| 2025 | 8.55% | 25.84% | 0.24x | 1.37x | CN¥-14.63 Million |
Industry Comparison
This section compares Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,475,620,056
- Average return on equity (ROE) among peers: 3.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) | CN¥1.12 Billion | 20.66% | 0.24x | $460.55 Million |
| Shaanxi Jinye Science Technology and Education Group Co Ltd (000812) | $460.82 Million | -23.16% | 0.69x | $379.07 Million |
| Tungkong Inc (002117) | $211.00 Million | 24.79% | 1.36x | $511.93 Million |
| Eternal Asia Supply Chain Management Ltd (002183) | $8.43 Billion | 1.07% | 3.97x | $1.36 Billion |
| Hongbo Co Ltd (002229) | $445.34 Million | 9.19% | 0.07x | $625.71 Million |
| Beijing Shengtong Printing Co Ltd (002599) | $1.25 Billion | 0.60% | 0.71x | $424.02 Million |
| Shanghai Nar Industrial Co Ltd (002825) | $1.15 Billion | 7.69% | 0.52x | $381.33 Million |
| Xuchang Ketop Testing Research Ins (003008) | $1.05 Billion | 6.58% | 0.09x | $264.19 Million |
| Centre Testing Intl Shenzhen (300012) | $856.11 Million | 13.75% | 0.12x | $3.80 Billion |
| Suzhou Electrical Apparatus Sci (300215) | $199.92 Million | 17.94% | 1.24x | $572.20 Million |
| Trust Alliance Information Development Inc Ltd Shanghai (300469) | $714.63 Million | -25.87% | 0.88x | $1.62 Billion |
About Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co., Ltd provides inspection and testing services in China and internationally. The company offers inspection, testing, equipment metrology, proficiency testing, and certification services for wires, cables, and optical fiber cables. It also provides professional technical services comprising training, inspection and s… Read more