Jiangsu Etern Co Ltd
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.
| Company | Market Cap |
|---|---|
|
ICL Israel Chemicals Ltd
NYSE:ICL
|
$3.89 Billion |
|
Airtac International Group
TW:1590
|
$3.89 Billion |
|
Federated Investors Inc B
NYSE:FHI
|
$3.89 Billion |
|
Voltas Limited
NSE:VOLTAS
|
$3.89 Billion |
|
SLM Corp
NASDAQ:SLM
|
$3.89 Billion |
|
Toto Ltd
PINK:TOTDY
|
$3.89 Billion |
|
Shanghai Putailai New Energy Technology Co.Ltd.
SHG:603659
|
$3.89 Billion |
|
Akero Therapeutics Inc
NASDAQ:AKRO
|
$3.89 Billion |
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 |