Jiangsu Etern Co Ltd

SHG:600105 China Communication Equipment
Market Cap
$5.50 Billion
CN¥40.37 Billion CNY
Market Cap Rank
#3341 Global
#259 in China
Share Price
CN¥27.61
Change (1 day)
+0.95%
52-Week Range
CN¥5.07 - CN¥31.53
All Time High
CN¥31.53
About

Jiangsu Etern Company Limited engages in the production and sales of optical cables and cables in China and internationally. The company offers optical preform and fiber; optical cable for backbone/metro and special usage; 5G optical fiber and optical cable solution; cable solutions for FTTX cabling; core network/radio access network; and multi network fusion digital fiber distribution system. It… Read more

Jiangsu Etern Co Ltd (600105) - Net Assets

Latest net assets as of September 2025: CN¥3.58 Billion CNY

Based on the latest financial reports, Jiangsu Etern Co Ltd (600105) has net assets worth CN¥3.58 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¥9.33 Billion) and total liabilities (CN¥5.75 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¥3.58 Billion
% of Total Assets 38.34%
Annual Growth Rate 12.64%
5-Year Change 12.54%
10-Year Change 51.31%
Growth Volatility 40.51

Jiangsu Etern Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Jiangsu Etern 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 Jiangsu Etern Co Ltd (1994–2024)

The table below shows the annual net assets of Jiangsu Etern Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.43 Billion +9.91%
2023-12-31 CN¥3.12 Billion -4.20%
2022-12-31 CN¥3.26 Billion +1.98%
2021-12-31 CN¥3.19 Billion +4.81%
2020-12-31 CN¥3.05 Billion -3.84%
2019-12-31 CN¥3.17 Billion +0.66%
2018-12-31 CN¥3.15 Billion +5.40%
2017-12-31 CN¥2.99 Billion +5.07%
2016-12-31 CN¥2.84 Billion +25.43%
2015-12-31 CN¥2.27 Billion +26.81%
2014-12-31 CN¥1.79 Billion +9.33%
2013-12-31 CN¥1.64 Billion -0.03%
2012-12-31 CN¥1.64 Billion +0.71%
2011-12-31 CN¥1.62 Billion +7.53%
2010-12-31 CN¥1.51 Billion +19.26%
2009-12-31 CN¥1.27 Billion +11.61%
2008-12-31 CN¥1.13 Billion +7.28%
2007-12-31 CN¥1.06 Billion -2.97%
2006-12-31 CN¥1.09 Billion +4.05%
2005-12-31 CN¥1.05 Billion -1.58%
2004-12-31 CN¥1.06 Billion +2.42%
2003-12-31 CN¥1.04 Billion +6.37%
2002-12-31 CN¥977.06 Million +39.51%
2001-12-31 CN¥700.36 Million +4.83%
2000-12-31 CN¥668.12 Million +6.33%
1999-12-31 CN¥628.33 Million +39.97%
1998-12-31 CN¥448.92 Million +4.65%
1997-12-31 CN¥428.99 Million +225.38%
1996-12-31 CN¥131.84 Million +5.84%
1995-12-31 CN¥124.57 Million +29.25%
1994-12-31 CN¥96.37 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Etern 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 335.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥75.36 Million 2.43%
Common Stock CN¥1.46 Billion 47.19%
Other Comprehensive Income CN¥341.87 Million 11.04%
Other Components CN¥1.22 Billion 39.34%
Total Equity CN¥3.10 Billion 100.00%

Jiangsu Etern Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangsu Etern Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,813,950,283 to 3,097,893,940, a change of 283,943,657 (10.1%).
  • Net income of 61,414,500 contributed positively to equity growth.
  • Dividend payments of 140,215,302 reduced retained earnings.
  • Share repurchases of 24,353,463 reduced equity.
  • Other comprehensive income increased equity by 291,267,360.
  • Other factors increased equity by 95,830,562.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥61.41 Million +1.98%
Dividends Paid CN¥140.22 Million -4.53%
Share Repurchases CN¥24.35 Million -0.79%
Other Comprehensive Income CN¥291.27 Million +9.4%
Other Changes CN¥95.83 Million +3.09%
Total Change CN¥- 10.09%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Etern 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: 13.68x
  • 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 280.11x to 13.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.10 CN¥27.61 x
1995-12-31 CN¥0.13 CN¥27.61 x
1996-12-31 CN¥0.13 CN¥27.61 x
1997-12-31 CN¥0.44 CN¥27.61 x
1998-12-31 CN¥0.46 CN¥27.61 x
1999-12-31 CN¥0.64 CN¥27.61 x
2000-12-31 CN¥0.68 CN¥27.61 x
2001-12-31 CN¥0.70 CN¥27.61 x
2002-12-31 CN¥0.97 CN¥27.61 x
2003-12-31 CN¥1.03 CN¥27.61 x
2004-12-31 CN¥1.04 CN¥27.61 x
2005-12-31 CN¥1.03 CN¥27.61 x
2006-12-31 CN¥1.08 CN¥27.61 x
2007-12-31 CN¥1.04 CN¥27.61 x
2008-12-31 CN¥1.08 CN¥27.61 x
2009-12-31 CN¥1.18 CN¥27.61 x
2010-12-31 CN¥1.39 CN¥27.61 x
2011-12-31 CN¥1.47 CN¥27.61 x
2012-12-31 CN¥1.44 CN¥27.61 x
2013-12-31 CN¥1.57 CN¥27.61 x
2014-12-31 CN¥1.49 CN¥27.61 x
2015-12-31 CN¥1.86 CN¥27.61 x
2016-12-31 CN¥2.10 CN¥27.61 x
2017-12-31 CN¥2.11 CN¥27.61 x
2018-12-31 CN¥2.29 CN¥27.61 x
2019-12-31 CN¥2.21 CN¥27.61 x
2020-12-31 CN¥2.06 CN¥27.61 x
2021-12-31 CN¥2.05 CN¥27.61 x
2022-12-31 CN¥2.18 CN¥27.61 x
2023-12-31 CN¥1.95 CN¥27.61 x
2024-12-31 CN¥2.02 CN¥27.61 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Etern 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): 1.98%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.49%
  • • Asset Turnover: 0.50x
  • • Equity Multiplier: 2.65x
  • Recent ROE (1.98%) is below the historical average (7.85%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 21.11% 16.51% 0.80x 1.60x CN¥10.71 Million
1995 22.63% 11.28% 1.37x 1.46x CN¥15.74 Million
1996 36.79% 16.36% 0.96x 2.34x CN¥35.32 Million
1997 13.33% 12.83% 0.89x 1.16x CN¥14.29 Million
1998 9.49% 9.89% 0.69x 1.40x CN¥-2.27 Million
1999 5.99% 14.69% 0.29x 1.42x CN¥-25.18 Million
2000 7.79% 7.27% 0.72x 1.49x CN¥-14.75 Million
2001 11.15% 6.02% 0.96x 1.92x CN¥7.85 Million
2002 6.66% 6.11% 0.68x 1.61x CN¥-31.56 Million
2003 6.03% 4.57% 0.61x 2.15x CN¥-39.81 Million
2004 4.03% 3.25% 0.57x 2.16x CN¥-60.62 Million
2005 2.64% 2.20% 0.46x 2.63x CN¥-74.42 Million
2006 6.39% 4.07% 0.54x 2.93x CN¥-38.02 Million
2007 3.98% 3.06% 0.33x 3.89x CN¥-61.00 Million
2008 2.54% 1.57% 0.42x 3.88x CN¥-77.57 Million
2009 12.03% 9.09% 0.36x 3.64x CN¥23.99 Million
2010 14.43% 8.10% 0.72x 2.49x CN¥61.26 Million
2011 2.87% 2.11% 0.51x 2.66x CN¥-99.99 Million
2012 0.80% 0.83% 0.36x 2.70x CN¥-130.10 Million
2013 11.53% 15.76% 0.42x 1.76x CN¥23.84 Million
2014 10.07% 6.83% 0.96x 1.54x CN¥1.18 Million
2015 8.25% 8.01% 0.67x 1.54x CN¥-38.25 Million
2016 9.90% 9.72% 0.63x 1.63x CN¥-2.59 Million
2017 10.90% 10.04% 0.61x 1.78x CN¥23.76 Million
2018 6.97% 6.01% 0.59x 1.97x CN¥-83.93 Million
2019 0.79% 0.64% 0.54x 2.28x CN¥-251.62 Million
2020 -20.64% -17.03% 0.45x 2.72x CN¥-830.75 Million
2021 4.25% 3.09% 0.53x 2.62x CN¥-163.07 Million
2022 7.12% 5.07% 0.53x 2.64x CN¥-86.48 Million
2023 1.54% 1.00% 0.52x 2.98x CN¥-238.14 Million
2024 1.98% 1.49% 0.50x 2.65x CN¥-248.37 Million

Industry Comparison

This section compares Jiangsu Etern Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $1,522,000,668
  • Average return on equity (ROE) among peers: -3.19%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangsu Etern Co Ltd (600105) CN¥3.58 Billion 21.11% 1.61x $3.89 Billion
Addsino Co Ltd (000547) $1.77 Billion 1.02% 0.25x $3.67 Billion
Sichuan Huiyuan Optical Com (000586) $329.93 Million -2.83% 0.71x $241.69 Million
PetroChina Jinhong Energy Investment Co Ltd (000669) $4.59 Billion 5.22% 1.90x $346.82 Million
Sichuan Jiuzhou Electronic Co Ltd (000801) $1.55 Billion 12.92% 0.93x $1.06 Billion
Skyworth Digital Co Ltd (000810) $140.56 Million 7.13% 1.37x $683.09 Million
Gohigh Data Networks Technology Co Ltd (000851) $336.07 Million -18.04% 0.44x $51.64 Million
Shenzhen Coship Electronics Co Ltd (002052) $231.11 Million -66.53% 2.00x $840.89 Million
Sunwave Communications Co Ltd (002115) $2.18 Billion -12.45% 0.73x $1.17 Billion
Invengo Information Technology Co Ltd (002161) $2.00 Billion 37.19% 0.32x $638.43 Million
Bus Online Co Ltd (002188) $2.09 Billion 4.47% 0.13x $193.28 Million