Eastern Communications Co Ltd A

SHG:600776 China Communication Equipment
Market Cap
$2.10 Billion
CN¥15.40 Billion CNY
Market Cap Rank
#5700 Global
#771 in China
Share Price
CN¥16.11
Change (1 day)
-2.95%
52-Week Range
CN¥9.62 - CN¥26.10
All Time High
CN¥39.84
Categories
Companies in China Communication Equipment Technology AI & Machine Learning
About

Eastern Communications Co.,Ltd. in the enterprise network and information security businesses. It offers network communication equipment and overall solutions in the field of emergency communication for government departments and enterprises and institutions; cash and non-cash smart self-service terminals; financial information software and related maintenance services to banks, government agenci… Read more

Eastern Communications Co Ltd A (600776) - Net Assets

Latest net assets as of September 2025: CN¥3.81 Billion CNY

Based on the latest financial reports, Eastern Communications Co Ltd A (600776) has net assets worth CN¥3.81 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¥4.75 Billion) and total liabilities (CN¥944.95 Million). 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¥3.81 Billion
% of Total Assets 80.11%
Annual Growth Rate 10.26%
5-Year Change 8.96%
10-Year Change 17.38%
Growth Volatility 78.59

Eastern Communications Co Ltd A - Net Assets Trend (1993–2024)

This chart illustrates how Eastern Communications Co Ltd A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Eastern Communications Co Ltd A (1993–2024)

The table below shows the annual net assets of Eastern Communications Co Ltd A from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.52 Billion +1.49%
2023-12-31 CN¥3.47 Billion +1.97%
2022-12-31 CN¥3.40 Billion +2.11%
2021-12-31 CN¥3.33 Billion +3.11%
2020-12-31 CN¥3.23 Billion +1.74%
2019-12-31 CN¥3.17 Billion +1.87%
2018-12-31 CN¥3.12 Billion +1.73%
2017-12-31 CN¥3.06 Billion +1.46%
2016-12-31 CN¥3.02 Billion +0.70%
2015-12-31 CN¥3.00 Billion +3.18%
2014-12-31 CN¥2.91 Billion +0.56%
2013-12-31 CN¥2.89 Billion +4.05%
2012-12-31 CN¥2.78 Billion +3.41%
2011-12-31 CN¥2.69 Billion +0.89%
2010-12-31 CN¥2.66 Billion +2.94%
2009-12-31 CN¥2.59 Billion -1.32%
2008-12-31 CN¥2.62 Billion +1.77%
2007-12-31 CN¥2.57 Billion +8.72%
2006-12-31 CN¥2.37 Billion +3.28%
2005-12-31 CN¥2.29 Billion -12.45%
2004-12-31 CN¥2.62 Billion -5.06%
2003-12-31 CN¥2.76 Billion -28.99%
2002-12-31 CN¥3.88 Billion -6.01%
2001-12-31 CN¥4.13 Billion +4.27%
2000-12-31 CN¥3.96 Billion +93.47%
1999-12-31 CN¥2.05 Billion +10.78%
1998-12-31 CN¥1.85 Billion +5.90%
1997-12-31 CN¥1.75 Billion +11.80%
1996-12-31 CN¥1.56 Billion +437.48%
1995-12-31 CN¥290.59 Million +22.05%
1994-12-31 CN¥238.10 Million +39.78%
1993-12-31 CN¥170.33 Million --

Equity Component Analysis

This analysis shows how different components contribute to Eastern Communications Co Ltd A'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 115530022300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.16 Billion 33.11%
Common Stock CN¥1.26 Billion 36.00%
Other Comprehensive Income CN¥261.40 Million 7.49%
Other Components CN¥816.33 Million 23.40%
Total Equity CN¥3.49 Billion 100.00%

Eastern Communications Co Ltd A Competitors by Market Cap

The table below lists competitors of Eastern Communications Co Ltd A ranked by their market capitalization.

Company Market Cap
Voltronic Power Technology Corp
TW:6409
 		$1.56 Billion
SOLENO THERAPEUT. DL-001
F:6XC
 		$1.56 Billion
Pitney Bowes Inc
NYSE:PBI
 		$1.56 Billion
JEOL -JAPAN EL.OPT.-
F:JEL
 		$1.56 Billion
Guizhou Chanhen Chemical Corp
SHE:002895
 		$1.56 Billion
Cairn Homes plc
PINK:CNHHY
 		$1.56 Billion
Strabag SE
PINK:STBBF
 		$1.56 Billion
Linde India Limited
NSE:LINDEINDIA
 		$1.56 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Eastern Communications Co Ltd A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,427,883,326 to 3,489,035,874, a change of 61,152,548 (1.8%).
  • Net income of 150,946,091 contributed positively to equity growth.
  • Dividend payments of 76,583,685 reduced retained earnings.
  • Share repurchases of 1,652,031 reduced equity.
  • Other comprehensive income increased equity by 257,840,155.
  • Other factors decreased equity by 269,397,982.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥150.95 Million +4.33%
Dividends Paid CN¥76.58 Million -2.19%
Share Repurchases CN¥1.65 Million -0.05%
Other Comprehensive Income CN¥257.84 Million +7.39%
Other Changes CN¥-269.40 Million -7.72%
Total Change CN¥- 1.78%

Book Value vs Market Value Analysis

This analysis compares Eastern Communications Co Ltd A'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: 5.81x
  • 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 117.38x to 5.81x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.14 CN¥16.11 x
1994-12-31 CN¥0.19 CN¥16.11 x
1995-12-31 CN¥0.23 CN¥16.11 x
1996-12-31 CN¥1.25 CN¥16.11 x
1997-12-31 CN¥1.39 CN¥16.11 x
1998-12-31 CN¥1.45 CN¥16.11 x
1999-12-31 CN¥1.58 CN¥16.11 x
2000-12-31 CN¥2.87 CN¥16.11 x
2001-12-31 CN¥2.94 CN¥16.11 x
2002-12-31 CN¥5.51 CN¥16.11 x
2003-12-31 CN¥3.69 CN¥16.11 x
2004-12-31 CN¥3.84 CN¥16.11 x
2005-12-31 CN¥3.37 CN¥16.11 x
2006-12-31 CN¥1.73 CN¥16.11 x
2007-12-31 CN¥1.85 CN¥16.11 x
2008-12-31 CN¥1.88 CN¥16.11 x
2009-12-31 CN¥1.88 CN¥16.11 x
2010-12-31 CN¥2.00 CN¥16.11 x
2011-12-31 CN¥2.04 CN¥16.11 x
2012-12-31 CN¥2.11 CN¥16.11 x
2013-12-31 CN¥2.18 CN¥16.11 x
2014-12-31 CN¥2.28 CN¥16.11 x
2015-12-31 CN¥2.35 CN¥16.11 x
2016-12-31 CN¥2.37 CN¥16.11 x
2017-12-31 CN¥2.40 CN¥16.11 x
2018-12-31 CN¥2.44 CN¥16.11 x
2019-12-31 CN¥2.49 CN¥16.11 x
2020-12-31 CN¥2.54 CN¥16.11 x
2021-12-31 CN¥2.62 CN¥16.11 x
2022-12-31 CN¥2.67 CN¥16.11 x
2023-12-31 CN¥2.73 CN¥16.11 x
2024-12-31 CN¥2.77 CN¥16.11 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Eastern Communications Co Ltd A 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): 4.33%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.22%
  • • Asset Turnover: 0.65x
  • • Equity Multiplier: 1.28x
  • Recent ROE (4.33%) is below the historical average (11.10%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 87.37% 12.70% 2.31x 2.98x CN¥131.78 Million
1994 69.66% 9.30% 2.49x 3.01x CN¥142.05 Million
1995 90.32% 7.92% 3.48x 3.28x CN¥233.42 Million
1996 20.69% 7.89% 1.33x 1.98x CN¥166.44 Million
1997 17.78% 6.48% 1.05x 2.61x CN¥133.98 Million
1998 13.36% 4.22% 1.11x 2.86x CN¥60.33 Million
1999 14.68% 4.16% 1.41x 2.50x CN¥91.78 Million
2000 10.62% 4.91% 0.97x 2.23x CN¥22.10 Million
2001 5.68% 2.47% 1.09x 2.11x CN¥-157.88 Million
2002 -5.98% -2.51% 1.20x 1.99x CN¥-550.58 Million
2003 -49.58% -27.10% 0.76x 2.39x CN¥-1.38 Billion
2004 2.36% 1.04% 1.21x 1.87x CN¥-183.71 Million
2005 -13.48% -3.84% 1.58x 2.21x CN¥-495.12 Million
2006 1.74% 0.19% 4.21x 2.17x CN¥-177.16 Million
2007 7.46% 1.36% 3.14x 1.75x CN¥-58.88 Million
2008 4.11% 1.10% 2.14x 1.74x CN¥-139.11 Million
2009 4.16% 2.67% 1.11x 1.40x CN¥-138.54 Million
2010 5.76% 5.31% 0.83x 1.31x CN¥-106.65 Million
2011 7.36% 6.03% 0.94x 1.30x CN¥-67.48 Million
2012 7.28% 5.84% 0.97x 1.29x CN¥-71.91 Million
2013 7.06% 5.64% 1.00x 1.25x CN¥-80.56 Million
2014 6.26% 4.83% 1.02x 1.27x CN¥-107.07 Million
2015 5.74% 4.76% 0.96x 1.26x CN¥-126.02 Million
2016 3.08% 4.63% 0.51x 1.29x CN¥-206.23 Million
2017 3.91% 4.85% 0.65x 1.25x CN¥-183.93 Million
2018 4.14% 5.30% 0.63x 1.24x CN¥-179.99 Million
2019 4.20% 4.91% 0.68x 1.26x CN¥-181.49 Million
2020 3.25% 3.49% 0.73x 1.27x CN¥-215.05 Million
2021 3.54% 3.83% 0.74x 1.25x CN¥-212.34 Million
2022 4.02% 4.18% 0.76x 1.26x CN¥-200.86 Million
2023 4.46% 5.20% 0.68x 1.27x CN¥-189.98 Million
2024 4.33% 5.22% 0.65x 1.28x CN¥-197.96 Million

Industry Comparison

This section compares Eastern Communications Co Ltd A'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
Eastern Communications Co Ltd A (600776) CN¥3.81 Billion 87.37% 0.25x $1.56 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