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¥7.08 Billion CNY (≈ $1.04 Billion 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¥10.54 Billion ≈ $1.54 Billion USD) and total liabilities (CN¥3.46 Billion ≈ $506.49 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 Guangxi Wuzhou Communications Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.08 Billion |
| % of Total Assets | 67.15% |
| Annual Growth Rate | 10.61% |
| 5-Year Change | 43.31% |
| 10-Year Change | 125.06% |
| Growth Volatility | 21.01 |
Guangxi Wuzhou Communications Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Guangxi Wuzhou Communications Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Guangxi Wuzhou Communications Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Guangxi Wuzhou Communications Co Ltd (1997–2024)
The table below shows the annual net assets of Guangxi Wuzhou Communications Co Ltd from 1997 to 2024. For live valuation and market cap data, see Guangxi Wuzhou Communications Co Ltd (600368) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
-- |
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 13982.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.11 Billion | 59.85% |
| Common Stock | CN¥1.61 Billion | 23.43% |
| Other Comprehensive Income | CN¥688.79 Million | 10.03% |
| Other Components | CN¥459.97 Million | 6.70% |
| Total Equity | CN¥6.87 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 |
|---|---|
|
Changzhou Tenglong Auto Parts
SHG:603158
|
$916.36 Million |
|
Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira
SA:INTB3
|
$916.53 Million |
|
Hunan Jingfeng Pharmaceutical
SHE:000908
|
$916.62 Million |
|
ASRock Inc
TW:3515
|
$916.66 Million |
|
Lelon Electronics Corp
TW:2472
|
$916.05 Million |
|
Akcansa Cimento Sanayi ve Ticaret AS
IS:AKCNS
|
$915.90 Million |
|
Zhang Jia Jie Tourism Group Co Ltd
SHE:000430
|
$915.81 Million |
|
ABBISKO CAYMAN DL-00001
F:8ZD
|
$915.66 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 2023 to 2024, total equity changed from 6,304,510,952 to 6,870,257,555, a change of 565,746,603 (9.0%).
- Net income of 698,233,497 contributed positively to equity growth.
- Dividend payments of 248,276,415 reduced retained earnings.
- Other comprehensive income increased equity by 44,764,969.
- Other factors increased equity by 71,024,552.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥698.23 Million | +10.16% |
| Dividends Paid | CN¥248.28 Million | -3.61% |
| Other Comprehensive Income | CN¥44.76 Million | +0.65% |
| Other Changes | CN¥71.02 Million | +1.03% |
| Total Change | CN¥- | 8.97% |
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: 0.91x
- 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 7.97x to 0.91x 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¥3.89 | x |
| 1998-12-31 | CN¥0.56 | CN¥3.89 | x |
| 1999-12-31 | CN¥0.51 | CN¥3.89 | x |
| 2000-12-31 | CN¥1.07 | CN¥3.89 | x |
| 2001-12-31 | CN¥1.14 | CN¥3.89 | x |
| 2002-12-31 | CN¥1.22 | CN¥3.89 | x |
| 2003-12-31 | CN¥1.33 | CN¥3.89 | x |
| 2004-12-31 | CN¥1.38 | CN¥3.89 | x |
| 2005-12-31 | CN¥1.44 | CN¥3.89 | x |
| 2006-12-31 | CN¥1.38 | CN¥3.89 | x |
| 2007-12-31 | CN¥1.49 | CN¥3.89 | x |
| 2008-12-31 | CN¥1.46 | CN¥3.89 | x |
| 2009-12-31 | CN¥1.90 | CN¥3.89 | x |
| 2010-12-31 | CN¥1.86 | CN¥3.89 | x |
| 2011-12-31 | CN¥2.03 | CN¥3.89 | x |
| 2012-12-31 | CN¥2.28 | CN¥3.89 | x |
| 2013-12-31 | CN¥2.42 | CN¥3.89 | x |
| 2014-12-31 | CN¥2.68 | CN¥3.89 | x |
| 2015-12-31 | CN¥2.54 | CN¥3.89 | x |
| 2016-12-31 | CN¥2.45 | CN¥3.89 | x |
| 2017-12-31 | CN¥3.56 | CN¥3.89 | x |
| 2018-12-31 | CN¥2.91 | CN¥3.89 | x |
| 2019-12-31 | CN¥3.49 | CN¥3.89 | x |
| 2020-12-31 | CN¥3.88 | CN¥3.89 | x |
| 2021-12-31 | CN¥4.31 | CN¥3.89 | x |
| 2022-12-31 | CN¥4.61 | CN¥3.89 | x |
| 2023-12-31 | CN¥3.92 | CN¥3.89 | x |
| 2024-12-31 | CN¥4.27 | CN¥3.89 | 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): 10.16%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.30%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.40x
- Recent ROE (10.16%) is above the historical average (9.68%), indicating improving 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 |
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: $1,571,744,875
- Average return on equity (ROE) among peers: 10.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangxi Wuzhou Communications Co Ltd (600368) | CN¥7.08 Billion | 11.57% | 0.49x | $916.26 Million |
| China High-Speed Railway Technology (000008) | $7.19 Billion | 12.16% | 0.49x | $1.07 Billion |
| Nanjing Zhongbei Group Co Ltd (000421) | $979.37 Million | 5.20% | 1.75x | $532.07 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $141.06 Million | 0.83% | 0.96x | $1.00 Billion |
| Vontron Technology Co Ltd (000920) | $1.04 Billion | 3.23% | 0.50x | $796.72 Million |
| China Railway Materials Co Ltd (000927) | $1.66 Billion | 30.22% | 2.33x | $2.49 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $1.46 Billion | 1.90% | 0.40x | $644.19 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $1.21 Billion | 3.10% | 1.15x | $537.64 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $279.57 Million | 23.56% | 0.63x | $617.25 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.36 Billion | 7.00% | 0.73x | $1.18 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $396.10 Million | 16.83% | 0.41x | $1.17 Billion |
About Guangxi Wuzhou Communications Co Ltd
Guangxi Wuzhou Communications Co., Ltd. operates toll roads. It is also involved in trade and logistics, and asset management, as well as provision of logistics facilities and warehousing equipment. The company was founded in 1992 and is headquartered in Nanning, China.