Wuhan Yangtze Communication Industry Group Co Ltd (600345) - Net Assets
Based on the latest financial reports, Wuhan Yangtze Communication Industry Group Co Ltd (600345) has net assets worth CN¥3.52 Billion CNY (≈ $515.19 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¥4.59 Billion ≈ $672.20 Million USD) and total liabilities (CN¥1.07 Billion ≈ $157.01 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 Wuhan Yangtze Communication Industry Gro asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.52 Billion |
| % of Total Assets | 76.64% |
| Annual Growth Rate | 11.96% |
| 5-Year Change | 76.84% |
| 10-Year Change | 147.06% |
| Growth Volatility | 52.17 |
Wuhan Yangtze Communication Industry Group Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Wuhan Yangtze Communication Industry Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600345 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Wuhan Yangtze Communication Industry Group Co Ltd (1997–2024)
The table below shows the annual net assets of Wuhan Yangtze Communication Industry Group Co Ltd from 1997 to 2024. For live valuation and market cap data, see market cap of Wuhan Yangtze Communication Industry Gro.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.53 Billion ≈ $517.06 Million |
+3.31% |
| 2023-12-31 | CN¥3.42 Billion ≈ $500.49 Million |
+56.20% |
| 2022-12-31 | CN¥2.19 Billion ≈ $320.43 Million |
+3.76% |
| 2021-12-31 | CN¥2.11 Billion ≈ $308.80 Million |
+5.62% |
| 2020-12-31 | CN¥2.00 Billion ≈ $292.38 Million |
+2.09% |
| 2019-12-31 | CN¥1.96 Billion ≈ $286.39 Million |
+2.91% |
| 2018-12-31 | CN¥1.90 Billion ≈ $278.29 Million |
+21.74% |
| 2017-12-31 | CN¥1.56 Billion ≈ $228.59 Million |
+10.64% |
| 2016-12-31 | CN¥1.41 Billion ≈ $206.61 Million |
-1.28% |
| 2015-12-31 | CN¥1.43 Billion ≈ $209.29 Million |
+4.09% |
| 2014-12-31 | CN¥1.37 Billion ≈ $201.07 Million |
+9.16% |
| 2013-12-31 | CN¥1.26 Billion ≈ $184.20 Million |
-11.52% |
| 2012-12-31 | CN¥1.42 Billion ≈ $208.18 Million |
+3.65% |
| 2011-12-31 | CN¥1.37 Billion ≈ $200.85 Million |
+1.33% |
| 2010-12-31 | CN¥1.35 Billion ≈ $198.22 Million |
+18.87% |
| 2009-12-31 | CN¥1.14 Billion ≈ $166.75 Million |
+5.66% |
| 2008-12-31 | CN¥1.08 Billion ≈ $157.81 Million |
+0.55% |
| 2007-12-31 | CN¥1.07 Billion ≈ $156.95 Million |
+0.66% |
| 2006-12-31 | CN¥1.07 Billion ≈ $155.92 Million |
+0.77% |
| 2005-12-31 | CN¥1.06 Billion ≈ $154.72 Million |
+0.89% |
| 2004-12-31 | CN¥1.05 Billion ≈ $153.36 Million |
+5.55% |
| 2003-12-31 | CN¥992.90 Million ≈ $145.29 Million |
+0.47% |
| 2002-12-31 | CN¥988.28 Million ≈ $144.62 Million |
+2.66% |
| 2001-12-31 | CN¥962.71 Million ≈ $140.87 Million |
+18.35% |
| 2000-12-31 | CN¥813.44 Million ≈ $119.03 Million |
+276.40% |
| 1999-12-31 | CN¥216.11 Million ≈ $31.62 Million |
+19.68% |
| 1998-12-31 | CN¥180.57 Million ≈ $26.42 Million |
+7.96% |
| 1997-12-31 | CN¥167.25 Million ≈ $24.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wuhan Yangtze Communication Industry Group 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 134217796302.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.34 Billion | 37.98% |
| Common Stock | CN¥329.61 Million | 9.33% |
| Other Comprehensive Income | CN¥967.34 Million | 27.38% |
| Other Components | CN¥894.67 Million | 25.32% |
| Total Equity | CN¥3.53 Billion | 100.00% |
Wuhan Yangtze Communication Industry Group Co Ltd Competitors by Market Cap
The table below lists competitors of Wuhan Yangtze Communication Industry Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Droneshield Ltd
AU:DRO
|
$2.35 Billion |
|
CHINA CONCH VENT. HD -01
F:68C
|
$2.35 Billion |
|
Baoding Lucky Innovative Materials Co Ltd
SHE:300446
|
$2.35 Billion |
|
Anhui Heli Co Ltd
SHG:600761
|
$2.35 Billion |
|
10X Genomics Inc
NASDAQ:TXG
|
$2.35 Billion |
|
Alpha Metallurgical Resources Inc
NYSE:AMR
|
$2.34 Billion |
|
Tangshan Sanyou Chemical Industries Co Ltd
SHG:600409
|
$2.34 Billion |
|
Yankershop Food Co Ltd
SHE:002847
|
$2.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuhan Yangtze Communication Industry Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,420,256,076 to 3,533,504,967, a change of 113,248,891 (3.3%).
- Net income of 170,675,650 contributed positively to equity growth.
- Dividend payments of 29,827,075 reduced retained earnings.
- Other comprehensive income decreased equity by 14,692,894.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥170.68 Million | +4.83% |
| Dividends Paid | CN¥29.83 Million | -0.84% |
| Other Comprehensive Income | CN¥-14.69 Million | -0.42% |
| Other Changes | CN¥-12.91 Million | -0.37% |
| Total Change | CN¥- | 3.31% |
Book Value vs Market Value Analysis
This analysis compares Wuhan Yangtze Communication Industry Group 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: 4.52x
- 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 77.98x to 4.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.62 | CN¥48.66 | x |
| 1998-12-31 | CN¥0.65 | CN¥48.66 | x |
| 1999-12-31 | CN¥0.82 | CN¥48.66 | x |
| 2000-12-31 | CN¥3.79 | CN¥48.66 | x |
| 2001-12-31 | CN¥4.50 | CN¥48.66 | x |
| 2002-12-31 | CN¥4.57 | CN¥48.66 | x |
| 2003-12-31 | CN¥4.62 | CN¥48.66 | x |
| 2004-12-31 | CN¥4.69 | CN¥48.66 | x |
| 2005-12-31 | CN¥4.70 | CN¥48.66 | x |
| 2006-12-31 | CN¥4.96 | CN¥48.66 | x |
| 2007-12-31 | CN¥5.09 | CN¥48.66 | x |
| 2008-12-31 | CN¥4.75 | CN¥48.66 | x |
| 2009-12-31 | CN¥5.15 | CN¥48.66 | x |
| 2010-12-31 | CN¥5.38 | CN¥48.66 | x |
| 2011-12-31 | CN¥5.69 | CN¥48.66 | x |
| 2012-12-31 | CN¥6.02 | CN¥48.66 | x |
| 2013-12-31 | CN¥5.46 | CN¥48.66 | x |
| 2014-12-31 | CN¥5.92 | CN¥48.66 | x |
| 2015-12-31 | CN¥6.32 | CN¥48.66 | x |
| 2016-12-31 | CN¥6.53 | CN¥48.66 | x |
| 2017-12-31 | CN¥7.89 | CN¥48.66 | x |
| 2018-12-31 | CN¥9.58 | CN¥48.66 | x |
| 2019-12-31 | CN¥9.88 | CN¥48.66 | x |
| 2020-12-31 | CN¥10.09 | CN¥48.66 | x |
| 2021-12-31 | CN¥10.66 | CN¥48.66 | x |
| 2022-12-31 | CN¥11.06 | CN¥48.66 | x |
| 2023-12-31 | CN¥17.33 | CN¥48.66 | x |
| 2024-12-31 | CN¥10.77 | CN¥48.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuhan Yangtze Communication Industry Group 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): 4.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.48%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.32x
- Recent ROE (4.83%) is below the historical average (7.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 15.30% | 6.14% | 0.58x | 4.32x | CN¥6.55 Million |
| 1998 | 19.55% | 6.76% | 0.62x | 4.64x | CN¥12.25 Million |
| 1999 | 20.91% | 11.61% | 0.56x | 3.23x | CN¥17.70 Million |
| 2000 | 10.38% | 29.23% | 0.25x | 1.44x | CN¥2.86 Million |
| 2001 | 21.94% | 50.23% | 0.29x | 1.50x | CN¥106.51 Million |
| 2002 | 1.19% | 2.86% | 0.27x | 1.56x | CN¥-79.70 Million |
| 2003 | 1.51% | 3.33% | 0.30x | 1.54x | CN¥-77.61 Million |
| 2004 | 1.93% | 3.01% | 0.38x | 1.71x | CN¥-75.03 Million |
| 2005 | 1.42% | 1.97% | 0.42x | 1.70x | CN¥-79.92 Million |
| 2006 | 1.73% | 2.83% | 0.35x | 1.74x | CN¥-77.39 Million |
| 2007 | 3.28% | 6.84% | 0.29x | 1.65x | CN¥-64.40 Million |
| 2008 | 2.11% | 3.96% | 0.32x | 1.67x | CN¥-75.57 Million |
| 2009 | 5.99% | 10.76% | 0.35x | 1.57x | CN¥-40.42 Million |
| 2010 | 8.49% | 11.49% | 0.39x | 1.90x | CN¥-16.20 Million |
| 2011 | 8.79% | 9.35% | 0.53x | 1.77x | CN¥-13.75 Million |
| 2012 | 8.47% | 9.38% | 0.54x | 1.67x | CN¥-18.20 Million |
| 2013 | -7.33% | -7.41% | 0.54x | 1.84x | CN¥-186.41 Million |
| 2014 | 3.72% | 5.09% | 0.52x | 1.41x | CN¥-74.50 Million |
| 2015 | 5.86% | 12.71% | 0.34x | 1.34x | CN¥-51.91 Million |
| 2016 | 4.90% | 10.88% | 0.35x | 1.28x | CN¥-66.20 Million |
| 2017 | 16.74% | 102.36% | 0.15x | 1.10x | CN¥105.02 Million |
| 2018 | 12.22% | 157.29% | 0.07x | 1.06x | CN¥42.17 Million |
| 2019 | 5.76% | 63.98% | 0.08x | 1.07x | CN¥-82.94 Million |
| 2020 | 4.18% | 47.24% | 0.08x | 1.09x | CN¥-116.37 Million |
| 2021 | 4.33% | 83.23% | 0.05x | 1.10x | CN¥-119.58 Million |
| 2022 | 9.06% | 31.38% | 0.25x | 1.13x | CN¥-20.64 Million |
| 2023 | 6.46% | 31.78% | 0.16x | 1.30x | CN¥-120.93 Million |
| 2024 | 4.83% | 18.48% | 0.20x | 1.32x | CN¥-182.67 Million |
Industry Comparison
This section compares Wuhan Yangtze Communication Industry Group Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $5,529,985,490
- Average return on equity (ROE) among peers: -0.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wuhan Yangtze Communication Industry Group Co Ltd (600345) | CN¥3.52 Billion | 15.30% | 0.30x | $2.35 Billion |
| ZTE Corp (000063) | $43.35 Billion | 8.36% | 1.79x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $204.52 Million | 22.76% | 2.18x | $2.38 Billion |
| Addsino Co Ltd (000547) | $459.32 Million | -8.36% | 1.39x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $262.65 Million | 0.31% | 1.13x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $78.54 Million | 4.37% | 0.86x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.80 Billion | 2.74% | 0.79x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $2.01 Billion | 18.94% | 0.94x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.78 Billion | 2.03% | 1.22x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $916.66 Million | -66.59% | 1.08x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $2.43 Billion | 5.61% | 0.88x | $1.71 Billion |
About Wuhan Yangtze Communication Industry Group Co Ltd
WuHan Yangtze Communication Industry GroupCo.,Ltd provides Beidou applications, smart traffic management, smart transportation, and smart city applications in China. The company offers vehicle mounted terminal series products, vehicle online monitoring system, and application service of vehicle online monitoring system; and public security traffic control cloud whistle integrated combat platform,… Read more