Fiberhome Telecommunication Technologies Co Ltd (600498) - Net Assets
Based on the latest financial reports, Fiberhome Telecommunication Technologies Co Ltd (600498) has net assets worth CN¥17.48 Billion CNY (≈ $2.56 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¥45.30 Billion ≈ $6.63 Billion USD) and total liabilities (CN¥27.82 Billion ≈ $4.07 Billion 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 Fiberhome Telecommunication Technologies (600498) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥17.48 Billion |
| % of Total Assets | 38.58% |
| Annual Growth Rate | 16.04% |
| 5-Year Change | 29.78% |
| 10-Year Change | 102.13% |
| Growth Volatility | 68.69 |
Fiberhome Telecommunication Technologies Co Ltd - Net Assets Trend (1998–2024)
This chart illustrates how Fiberhome Telecommunication Technologies Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Fiberhome Telecommunication Technologies total assets for the complete picture of this company's asset base.
Annual Net Assets for Fiberhome Telecommunication Technologies Co Ltd (1998–2024)
The table below shows the annual net assets of Fiberhome Telecommunication Technologies Co Ltd from 1998 to 2024. For live valuation and market cap data, see market value of Fiberhome Telecommunication Technologies.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥15.67 Billion ≈ $2.29 Billion |
+5.07% |
| 2023-12-31 | CN¥14.91 Billion ≈ $2.18 Billion |
+10.30% |
| 2022-12-31 | CN¥13.52 Billion ≈ $1.98 Billion |
+7.38% |
| 2021-12-31 | CN¥12.59 Billion ≈ $1.84 Billion |
+4.29% |
| 2020-12-31 | CN¥12.07 Billion ≈ $1.77 Billion |
+0.16% |
| 2019-12-31 | CN¥12.06 Billion ≈ $1.76 Billion |
+12.26% |
| 2018-12-31 | CN¥10.74 Billion ≈ $1.57 Billion |
+4.02% |
| 2017-12-31 | CN¥10.32 Billion ≈ $1.51 Billion |
+29.92% |
| 2016-12-31 | CN¥7.95 Billion ≈ $1.16 Billion |
+2.51% |
| 2015-12-31 | CN¥7.75 Billion ≈ $1.13 Billion |
+9.29% |
| 2014-12-31 | CN¥7.09 Billion ≈ $1.04 Billion |
+9.76% |
| 2013-12-31 | CN¥6.46 Billion ≈ $945.66 Million |
+7.93% |
| 2012-12-31 | CN¥5.99 Billion ≈ $876.15 Million |
+36.82% |
| 2011-12-31 | CN¥4.38 Billion ≈ $640.37 Million |
+10.59% |
| 2010-12-31 | CN¥3.96 Billion ≈ $579.06 Million |
+10.29% |
| 2009-12-31 | CN¥3.59 Billion ≈ $525.05 Million |
+28.67% |
| 2008-12-31 | CN¥2.79 Billion ≈ $408.04 Million |
+6.81% |
| 2007-12-31 | CN¥2.61 Billion ≈ $382.01 Million |
+7.52% |
| 2006-12-31 | CN¥2.43 Billion ≈ $355.31 Million |
+0.49% |
| 2005-12-31 | CN¥2.42 Billion ≈ $353.57 Million |
+2.75% |
| 2004-12-31 | CN¥2.35 Billion ≈ $344.12 Million |
+0.78% |
| 2003-12-31 | CN¥2.33 Billion ≈ $341.47 Million |
+2.74% |
| 2002-12-31 | CN¥2.27 Billion ≈ $332.35 Million |
+0.60% |
| 2001-12-31 | CN¥2.26 Billion ≈ $330.38 Million |
+362.70% |
| 2000-12-31 | CN¥487.96 Million ≈ $71.40 Million |
+3.54% |
| 1999-12-31 | CN¥471.30 Million ≈ $68.97 Million |
+43.93% |
| 1998-12-31 | CN¥327.45 Million ≈ $47.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fiberhome Telecommunication Technologies 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 541611100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.42 Billion | 38.82% |
| Common Stock | CN¥1.18 Billion | 8.49% |
| Other Components | CN¥7.35 Billion | 52.69% |
| Total Equity | CN¥13.95 Billion | 100.00% |
Fiberhome Telecommunication Technologies Co Ltd Competitors by Market Cap
The table below lists competitors of Fiberhome Telecommunication Technologies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boston Properties Inc
NYSE:BXP
|
$9.28 Billion |
|
Federal Realty Investment Trust
NYSE:FRT
|
$9.29 Billion |
|
Giant Network Group Co Ltd
SHE:002558
|
$9.29 Billion |
|
New Oriental Education & Technology Group Inc
MX:EDUN
|
$9.30 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
$9.27 Billion |
|
Companhia Paranaense de Energia - COPEL
SA:CPLE3
|
$9.27 Billion |
|
Littelfuse Inc
NASDAQ:LFUS
|
$9.26 Billion |
|
Turkish Airlines
IS:THYAO
|
$9.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fiberhome Telecommunication Technologies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,172,814,282 to 13,950,803,000, a change of 777,988,718 (5.9%).
- Net income of 702,705,986 contributed positively to equity growth.
- Dividend payments of 469,859,779 reduced retained earnings.
- Share repurchases of 14,454,961 reduced equity.
- Other factors increased equity by 559,597,472.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥702.71 Million | +5.04% |
| Dividends Paid | CN¥469.86 Million | -3.37% |
| Share Repurchases | CN¥14.45 Million | -0.1% |
| Other Changes | CN¥559.60 Million | +4.01% |
| Total Change | CN¥- | 5.91% |
Book Value vs Market Value Analysis
This analysis compares Fiberhome Telecommunication Technologies 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: 3.85x
- 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 113.74x to 3.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CN¥0.41 | CN¥46.68 | x |
| 1999-12-31 | CN¥0.59 | CN¥46.68 | x |
| 2000-12-31 | CN¥0.61 | CN¥46.68 | x |
| 2001-12-31 | CN¥2.83 | CN¥46.68 | x |
| 2002-12-31 | CN¥2.85 | CN¥46.68 | x |
| 2003-12-31 | CN¥2.88 | CN¥46.68 | x |
| 2004-12-31 | CN¥2.87 | CN¥46.68 | x |
| 2005-12-31 | CN¥2.86 | CN¥46.68 | x |
| 2006-12-31 | CN¥2.86 | CN¥46.68 | x |
| 2007-12-31 | CN¥2.87 | CN¥46.68 | x |
| 2008-12-31 | CN¥3.02 | CN¥46.68 | x |
| 2009-12-31 | CN¥3.84 | CN¥46.68 | x |
| 2010-12-31 | CN¥3.96 | CN¥46.68 | x |
| 2011-12-31 | CN¥4.40 | CN¥46.68 | x |
| 2012-12-31 | CN¥5.73 | CN¥46.68 | x |
| 2013-12-31 | CN¥5.87 | CN¥46.68 | x |
| 2014-12-31 | CN¥6.43 | CN¥46.68 | x |
| 2015-12-31 | CN¥6.68 | CN¥46.68 | x |
| 2016-12-31 | CN¥6.99 | CN¥46.68 | x |
| 2017-12-31 | CN¥9.01 | CN¥46.68 | x |
| 2018-12-31 | CN¥9.01 | CN¥46.68 | x |
| 2019-12-31 | CN¥9.61 | CN¥46.68 | x |
| 2020-12-31 | CN¥10.09 | CN¥46.68 | x |
| 2021-12-31 | CN¥9.35 | CN¥46.68 | x |
| 2022-12-31 | CN¥8.97 | CN¥46.68 | x |
| 2023-12-31 | CN¥10.95 | CN¥46.68 | x |
| 2024-12-31 | CN¥12.11 | CN¥46.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fiberhome Telecommunication Technologies 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): 5.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.46%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 3.21x
- Recent ROE (5.04%) is below the historical average (8.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 27.68% | 15.02% | 1.16x | 1.60x | CN¥57.89 Million |
| 1999 | 19.43% | 15.41% | 0.79x | 1.59x | CN¥44.47 Million |
| 2000 | 22.76% | 11.06% | 0.71x | 2.89x | CN¥62.28 Million |
| 2001 | 7.42% | 9.30% | 0.59x | 1.34x | CN¥-58.34 Million |
| 2002 | 2.87% | 4.23% | 0.50x | 1.35x | CN¥-162.20 Million |
| 2003 | 1.12% | 1.91% | 0.37x | 1.60x | CN¥-204.34 Million |
| 2004 | 1.54% | 2.27% | 0.43x | 1.59x | CN¥-193.49 Million |
| 2005 | 1.85% | 2.68% | 0.40x | 1.73x | CN¥-186.05 Million |
| 2006 | 2.27% | 2.70% | 0.46x | 1.84x | CN¥-176.69 Million |
| 2007 | 4.53% | 4.50% | 0.47x | 2.13x | CN¥-127.70 Million |
| 2008 | 7.13% | 5.11% | 0.61x | 2.30x | CN¥-70.71 Million |
| 2009 | 8.20% | 5.59% | 0.65x | 2.26x | CN¥-57.73 Million |
| 2010 | 10.74% | 6.64% | 0.70x | 2.30x | CN¥26.08 Million |
| 2011 | 11.47% | 6.32% | 0.70x | 2.60x | CN¥56.97 Million |
| 2012 | 9.43% | 6.07% | 0.65x | 2.38x | CN¥-30.11 Million |
| 2013 | 9.19% | 5.70% | 0.63x | 2.54x | CN¥-45.50 Million |
| 2014 | 8.71% | 5.03% | 0.69x | 2.49x | CN¥-80.25 Million |
| 2015 | 9.58% | 4.87% | 0.71x | 2.78x | CN¥-28.47 Million |
| 2016 | 10.45% | 4.38% | 0.71x | 3.34x | CN¥32.47 Million |
| 2017 | 8.66% | 3.92% | 0.72x | 3.06x | CN¥-127.80 Million |
| 2018 | 8.43% | 3.48% | 0.83x | 2.92x | CN¥-157.10 Million |
| 2019 | 8.53% | 3.97% | 0.78x | 2.75x | CN¥-168.25 Million |
| 2020 | 0.89% | 0.49% | 0.60x | 3.05x | CN¥-1.04 Billion |
| 2021 | 2.46% | 1.10% | 0.73x | 3.06x | CN¥-884.73 Million |
| 2022 | 3.35% | 1.31% | 0.80x | 3.18x | CN¥-806.93 Million |
| 2023 | 3.84% | 1.62% | 0.74x | 3.18x | CN¥-811.91 Million |
| 2024 | 5.04% | 2.46% | 0.64x | 3.21x | CN¥-692.37 Million |
Industry Comparison
This section compares Fiberhome Telecommunication Technologies Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,890,670,839
- Average return on equity (ROE) among peers: 10.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fiberhome Telecommunication Technologies Co Ltd (600498) | CN¥17.48 Billion | 27.68% | 1.59x | $9.28 Billion |
| ZTE Corp (000063) | $37.95 Billion | 14.48% | 2.72x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $647.88 Million | 1.70% | 0.50x | $2.38 Billion |
| Addsino Co Ltd (000547) | $483.41 Million | 1.94% | 1.23x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $383.56 Million | 10.30% | 1.25x | $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) | $178.59 Million | 6.04% | 0.38x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $6.43 Billion | 3.90% | 0.66x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $197.39 Million | 17.96% | 1.48x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $96.24 Million | 33.84% | 1.27x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $2.46 Billion | 8.72% | 0.86x | $1.71 Billion |
About Fiberhome Telecommunication Technologies Co Ltd
Fiberhome Telecommunication Technologies Co., Ltd. provides information and communication network products and solutions in China and internationally. The company offers carrier solutions, such as optical network, broadband access, data network products, communication system equipment, broadband CPE, IT infrastructure, optical fiber and cable, submarine network system, overhead line, copper cable… Read more