Guangxi Wuzhou Communications Co Ltd (600368) - Net Assets
Based on the latest financial reports, Guangxi Wuzhou Communications Co Ltd (600368) has net assets worth CN¥7.32 Billion CNY (≈ $1.07 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.95 Billion ≈ $1.75 Billion USD) and total liabilities (CN¥4.63 Billion ≈ $677.01 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. Also explore 600368 total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.32 Billion |
| % of Total Assets | 61.29% |
| Annual Growth Rate | 10.4% |
| 5-Year Change | 35.34% |
| 10-Year Change | 133.32% |
| Growth Volatility | 20.67 |
Guangxi Wuzhou Communications Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Guangxi Wuzhou Communications Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 600368 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Guangxi Wuzhou Communications Co Ltd (1997–2025)
The table below shows the annual net assets of Guangxi Wuzhou Communications Co Ltd from 1997 to 2025. For live valuation and market cap data, see market value of Guangxi Wuzhou Communications Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.13 Billion ≈ $1.04 Billion |
+5.01% |
| 2024-12-31 | CN¥6.79 Billion ≈ $993.13 Million |
+9.02% |
| 2023-12-31 | CN¥6.23 Billion ≈ $910.94 Million |
+10.53% |
| 2022-12-31 | CN¥5.63 Billion ≈ $824.15 Million |
+6.95% |
| 2021-12-31 | CN¥5.27 Billion ≈ $770.59 Million |
+11.20% |
| 2020-12-31 | CN¥4.74 Billion ≈ $693.00 Million |
+11.29% |
| 2019-12-31 | CN¥4.26 Billion ≈ $622.72 Million |
+20.45% |
| 2018-12-31 | CN¥3.53 Billion ≈ $516.99 Million |
+8.62% |
| 2017-12-31 | CN¥3.25 Billion ≈ $475.97 Million |
+6.49% |
| 2016-12-31 | CN¥3.05 Billion ≈ $446.99 Million |
+1.30% |
| 2015-12-31 | CN¥3.02 Billion ≈ $441.26 Million |
-3.96% |
| 2014-12-31 | CN¥3.14 Billion ≈ $459.48 Million |
-6.36% |
| 2013-12-31 | CN¥3.35 Billion ≈ $490.68 Million |
+5.12% |
| 2012-12-31 | CN¥3.19 Billion ≈ $466.77 Million |
+10.19% |
| 2011-12-31 | CN¥2.89 Billion ≈ $423.61 Million |
+8.58% |
| 2010-12-31 | CN¥2.67 Billion ≈ $390.16 Million |
+11.02% |
| 2009-12-31 | CN¥2.40 Billion ≈ $351.42 Million |
+34.16% |
| 2008-12-31 | CN¥1.79 Billion ≈ $261.95 Million |
+21.72% |
| 2007-12-31 | CN¥1.47 Billion ≈ $215.21 Million |
+5.74% |
| 2006-12-31 | CN¥1.39 Billion ≈ $203.52 Million |
+3.56% |
| 2005-12-31 | CN¥1.34 Billion ≈ $196.52 Million |
+6.23% |
| 2004-12-31 | CN¥1.26 Billion ≈ $185.00 Million |
+4.15% |
| 2003-12-31 | CN¥1.21 Billion ≈ $177.64 Million |
+9.08% |
| 2002-12-31 | CN¥1.11 Billion ≈ $162.86 Million |
+7.26% |
| 2001-12-31 | CN¥1.04 Billion ≈ $151.83 Million |
+5.74% |
| 2000-12-31 | CN¥981.29 Million ≈ $143.59 Million |
+110.52% |
| 1999-12-31 | CN¥466.12 Million ≈ $68.21 Million |
-8.48% |
| 1998-12-31 | CN¥509.32 Million ≈ $74.53 Million |
+14.21% |
| 1997-12-31 | CN¥445.95 Million ≈ $65.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangxi Wuzhou 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 15118.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.44 Billion | 61.58% |
| Other Components | CN¥2.77 Billion | 38.42% |
| Total Equity | CN¥7.22 Billion | 100.00% |
Guangxi Wuzhou Communications Co Ltd Competitors by Market Cap
The table below lists competitors of Guangxi Wuzhou Communications Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dalian Insulator Group Co Ltd
SHE:002606
|
$925.85 Million |
|
Aerosun Corp
SHG:600501
|
$925.92 Million |
|
Hangzhou Sunrise Technology Co Ltd
SHE:300360
|
$926.23 Million |
|
Fiyta Holdings Ltd
SHE:000026
|
$926.61 Million |
|
Groupe Dynamite Inc
TO:GRGD
|
$925.67 Million |
|
Qingdao Port International Co. Ltd
F:0QP
|
$925.11 Million |
|
Zhejiang Xinhua Chemical Co Ltd
SHG:603867
|
$924.84 Million |
|
RIAMB (Beijing) Tech Dvlp Co
SHG:603082
|
$924.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangxi Wuzhou Communications Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,870,257,555 to 7,215,956,996, a change of 345,699,441 (5.0%).
- Net income of 556,502,607 contributed positively to equity growth.
- Dividend payments of 305,509,306 reduced retained earnings.
- Other comprehensive income decreased equity by 688,792,094.
- Other factors increased equity by 783,498,233.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥556.50 Million | +7.71% |
| Dividends Paid | CN¥305.51 Million | -4.23% |
| Other Comprehensive Income | CN¥-688.79 Million | -9.55% |
| Other Changes | CN¥783.50 Million | +10.86% |
| Total Change | CN¥- | 5.03% |
Book Value vs Market Value Analysis
This analysis compares Guangxi Wuzhou 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: 0.88x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 8.05x to 0.88x 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¥0.49 | CN¥3.93 | x |
| 1998-12-31 | CN¥0.56 | CN¥3.93 | x |
| 1999-12-31 | CN¥0.51 | CN¥3.93 | x |
| 2000-12-31 | CN¥1.07 | CN¥3.93 | x |
| 2001-12-31 | CN¥1.14 | CN¥3.93 | x |
| 2002-12-31 | CN¥1.22 | CN¥3.93 | x |
| 2003-12-31 | CN¥1.33 | CN¥3.93 | x |
| 2004-12-31 | CN¥1.38 | CN¥3.93 | x |
| 2005-12-31 | CN¥1.44 | CN¥3.93 | x |
| 2006-12-31 | CN¥1.38 | CN¥3.93 | x |
| 2007-12-31 | CN¥1.49 | CN¥3.93 | x |
| 2008-12-31 | CN¥1.46 | CN¥3.93 | x |
| 2009-12-31 | CN¥1.90 | CN¥3.93 | x |
| 2010-12-31 | CN¥1.86 | CN¥3.93 | x |
| 2011-12-31 | CN¥2.03 | CN¥3.93 | x |
| 2012-12-31 | CN¥2.28 | CN¥3.93 | x |
| 2013-12-31 | CN¥1.86 | CN¥3.93 | x |
| 2014-12-31 | CN¥1.88 | CN¥3.93 | x |
| 2015-12-31 | CN¥1.78 | CN¥3.93 | x |
| 2016-12-31 | CN¥1.89 | CN¥3.93 | x |
| 2017-12-31 | CN¥2.03 | CN¥3.93 | x |
| 2018-12-31 | CN¥2.22 | CN¥3.93 | x |
| 2019-12-31 | CN¥2.69 | CN¥3.93 | x |
| 2020-12-31 | CN¥2.98 | CN¥3.93 | x |
| 2021-12-31 | CN¥3.31 | CN¥3.93 | x |
| 2022-12-31 | CN¥3.90 | CN¥3.93 | x |
| 2023-12-31 | CN¥3.92 | CN¥3.93 | x |
| 2024-12-31 | CN¥4.27 | CN¥3.93 | x |
| 2025-12-31 | CN¥4.48 | CN¥3.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangxi Wuzhou 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): 7.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.36%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.62x
- Recent ROE (7.71%) is below the historical average (9.61%), 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 | 11.57% | 92.70% | 0.11x | 1.12x | CN¥7.02 Million |
| 1998 | 18.13% | 79.06% | 0.14x | 1.67x | CN¥41.40 Million |
| 1999 | 20.93% | 73.24% | 0.14x | 2.01x | CN¥50.93 Million |
| 2000 | 8.45% | 61.44% | 0.10x | 1.44x | CN¥-15.16 Million |
| 2001 | 12.65% | 95.67% | 0.10x | 1.30x | CN¥27.48 Million |
| 2002 | 10.45% | 61.73% | 0.13x | 1.30x | CN¥5.00 Million |
| 2003 | 8.32% | 57.91% | 0.12x | 1.24x | CN¥-20.39 Million |
| 2004 | 7.48% | 55.74% | 0.11x | 1.23x | CN¥-31.89 Million |
| 2005 | 6.62% | 58.24% | 0.09x | 1.25x | CN¥-44.53 Million |
| 2006 | 5.49% | 50.81% | 0.09x | 1.22x | CN¥-61.49 Million |
| 2007 | 6.94% | 47.99% | 0.11x | 1.32x | CN¥-43.85 Million |
| 2008 | 5.19% | 42.37% | 0.07x | 1.68x | CN¥-81.91 Million |
| 2009 | 6.60% | 59.33% | 0.06x | 1.85x | CN¥-73.46 Million |
| 2010 | 9.17% | 59.66% | 0.04x | 4.22x | CN¥-19.26 Million |
| 2011 | 9.68% | 10.57% | 0.23x | 3.98x | CN¥-7.96 Million |
| 2012 | 11.22% | 5.88% | 0.47x | 4.05x | CN¥34.39 Million |
| 2013 | 6.41% | 3.11% | 0.44x | 4.66x | CN¥-107.41 Million |
| 2014 | 2.48% | 2.23% | 0.24x | 4.72x | CN¥-222.32 Million |
| 2015 | -3.34% | -4.59% | 0.17x | 4.31x | CN¥-381.84 Million |
| 2016 | 7.42% | 17.22% | 0.11x | 3.81x | CN¥-77.19 Million |
| 2017 | 11.24% | 20.52% | 0.17x | 3.27x | CN¥40.44 Million |
| 2018 | 11.87% | 23.31% | 0.17x | 2.97x | CN¥66.95 Million |
| 2019 | 20.31% | 40.87% | 0.20x | 2.53x | CN¥445.58 Million |
| 2020 | 11.75% | 32.75% | 0.16x | 2.18x | CN¥84.21 Million |
| 2021 | 13.16% | 38.33% | 0.19x | 1.80x | CN¥168.52 Million |
| 2022 | 10.20% | 34.50% | 0.17x | 1.72x | CN¥11.56 Million |
| 2023 | 10.48% | 40.45% | 0.17x | 1.50x | CN¥30.22 Million |
| 2024 | 10.16% | 38.30% | 0.19x | 1.40x | CN¥11.21 Million |
| 2025 | 7.71% | 41.36% | 0.12x | 1.62x | CN¥-165.09 Million |
Industry Comparison
This section compares Guangxi Wuzhou Communications Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $1,354,408,002
- Average return on equity (ROE) among peers: 4.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangxi Wuzhou Communications Co Ltd (600368) | CN¥7.32 Billion | 11.57% | 0.63x | $925.68 Million |
| China High-Speed Railway Technology (000008) | $30.56 Million | 3.23% | 0.98x | $961.93 Million |
| Nanjing Zhongbei Group Co Ltd (000421) | $3.58 Billion | 2.83% | 2.39x | $448.01 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $915.51 Million | -5.46% | 1.42x | $781.07 Million |
| Vontron Technology Co Ltd (000920) | $1.88 Billion | 7.71% | 0.55x | $802.25 Million |
| China Railway Materials Co Ltd (000927) | $3.21 Billion | -14.95% | 1.55x | $2.16 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $583.89 Million | 9.31% | 0.22x | $513.07 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $790.15 Million | 14.90% | 0.54x | $407.81 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.10 Billion | 1.34% | 1.17x | $633.92 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.18 Billion | 10.87% | 0.36x | $1.22 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $272.51 Million | 16.33% | 0.52x | $947.99 Million |
About Guangxi Wuzhou Communications Co Ltd
Guangxi Wuzhou Communications Co., Ltd. operates toll roads in China. It is also involved in trade and logistics, asset management, as well as provision of logistics facilities and warehousing equipment. The company was founded in 1992 and is headquartered in Nanning, China.