Hebei Huatong Wires and Cables Group Co. Ltd.
Hebei Huatong Wires and Cables Group Co., Ltd. researches, develops, produces, and sells wires and cables in China. Its products include XLPE insulating power cables with voltage up to 35kV, PVC insulated power cables, mining cables, general rubber sheathed flexible cables, submersible oil pump cables, locomotive-vehicle cables, shipboard offshore cables and navy cables, nuclear station cables, p… Read more
Hebei Huatong Wires and Cables Group Co. Ltd. (605196) - Net Assets
Latest net assets as of September 2025: CN¥3.30 Billion CNY
Based on the latest financial reports, Hebei Huatong Wires and Cables Group Co. Ltd. (605196) has net assets worth CN¥3.30 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¥9.34 Billion) and total liabilities (CN¥6.04 Billion). 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¥3.30 Billion |
| % of Total Assets | 35.32% |
| Annual Growth Rate | 16.85% |
| 5-Year Change | 79.15% |
| 10-Year Change | 301.72% |
| Growth Volatility | 11.61 |
Hebei Huatong Wires and Cables Group Co. Ltd. - Net Assets Trend (2013–2024)
This chart illustrates how Hebei Huatong Wires and Cables Group Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hebei Huatong Wires and Cables Group Co. Ltd. (2013–2024)
The table below shows the annual net assets of Hebei Huatong Wires and Cables Group Co. Ltd. from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.15 Billion | +10.89% |
| 2023-12-31 | CN¥2.84 Billion | +14.67% |
| 2022-12-31 | CN¥2.48 Billion | +12.90% |
| 2021-12-31 | CN¥2.19 Billion | +24.80% |
| 2020-12-31 | CN¥1.76 Billion | +8.77% |
| 2019-12-31 | CN¥1.62 Billion | +8.29% |
| 2018-12-31 | CN¥1.49 Billion | +34.65% |
| 2017-12-31 | CN¥1.11 Billion | +10.71% |
| 2016-12-31 | CN¥1.00 Billion | +27.72% |
| 2015-12-31 | CN¥783.87 Million | +38.40% |
| 2014-12-31 | CN¥566.38 Million | -0.24% |
| 2013-12-31 | CN¥567.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hebei Huatong Wires and Cables 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 592.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.51 Billion | 47.94% |
| Common Stock | CN¥511.48 Million | 16.25% |
| Other Components | CN¥1.13 Billion | 35.81% |
| Total Equity | CN¥3.15 Billion | 100.00% |
Hebei Huatong Wires and Cables Group Co. Ltd. Competitors by Market Cap
The table below lists competitors of Hebei Huatong Wires and Cables Group Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARIS MNG.CORP.
F:ZP1
|
$2.36 Billion |
|
Husqvarna AB (publ)
PINK:HUQVF
|
$2.36 Billion |
|
United Natural Foods Inc
NYSE:UNFI
|
$2.36 Billion |
|
Changzhou Xingyu Automotive Lighting Systems Co Ltd
SHG:601799
|
$2.36 Billion |
|
SIMMONS FIRST NATL DL-01
F:SN9
|
$2.35 Billion |
|
B&M European Value Retail S.A
PINK:BMRPF
|
$2.35 Billion |
|
Lend Lease Group
PINK:LLESY
|
$2.35 Billion |
|
Rigetti Computing Inc. Warrants
NASDAQ:RGTIW
|
$2.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hebei Huatong Wires and Cables Group Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,837,905,402 to 3,148,209,055, a change of 310,303,653 (10.9%).
- Net income of 319,324,257 contributed positively to equity growth.
- Dividend payments of 107,192,070 reduced retained earnings.
- Other factors increased equity by 98,171,466.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥319.32 Million | +10.14% |
| Dividends Paid | CN¥107.19 Million | -3.4% |
| Other Changes | CN¥98.17 Million | +3.12% |
| Total Change | CN¥- | 10.93% |
Book Value vs Market Value Analysis
This analysis compares Hebei Huatong Wires and Cables 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: 8.91x
- 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 26.23x to 8.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.09 | CN¥54.91 | x |
| 2014-12-31 | CN¥2.30 | CN¥54.91 | x |
| 2015-12-31 | CN¥3.01 | CN¥54.91 | x |
| 2016-12-31 | CN¥3.33 | CN¥54.91 | x |
| 2017-12-31 | CN¥3.13 | CN¥54.91 | x |
| 2018-12-31 | CN¥4.02 | CN¥54.91 | x |
| 2019-12-31 | CN¥3.19 | CN¥54.91 | x |
| 2020-12-31 | CN¥3.47 | CN¥54.91 | x |
| 2021-12-31 | CN¥4.33 | CN¥54.91 | x |
| 2022-12-31 | CN¥4.87 | CN¥54.91 | x |
| 2023-12-31 | CN¥5.53 | CN¥54.91 | x |
| 2024-12-31 | CN¥6.16 | CN¥54.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hebei Huatong Wires and Cables 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): 10.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.03%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.25x
- Recent ROE (10.14%) is above the historical average (8.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.08% | 3.19% | 0.98x | 2.90x | CN¥-3.96 Million |
| 2014 | 12.60% | 4.36% | 1.01x | 2.86x | CN¥12.75 Million |
| 2015 | 9.31% | 5.52% | 0.82x | 2.05x | CN¥-5.43 Million |
| 2016 | 7.21% | 5.52% | 0.76x | 1.71x | CN¥-27.89 Million |
| 2017 | 7.98% | 4.63% | 1.03x | 1.68x | CN¥-22.35 Million |
| 2018 | 5.97% | 3.40% | 1.13x | 1.55x | CN¥-60.05 Million |
| 2019 | 7.64% | 4.17% | 1.10x | 1.67x | CN¥-38.14 Million |
| 2020 | 8.79% | 4.57% | 1.11x | 1.73x | CN¥-21.33 Million |
| 2021 | 5.26% | 2.62% | 1.00x | 2.00x | CN¥-103.85 Million |
| 2022 | 10.40% | 4.95% | 0.95x | 2.20x | CN¥9.81 Million |
| 2023 | 12.83% | 6.79% | 0.97x | 1.94x | CN¥80.28 Million |
| 2024 | 10.14% | 5.03% | 0.90x | 2.25x | CN¥4.50 Million |
Industry Comparison
This section compares Hebei Huatong Wires and Cables Group Co. Ltd.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hebei Huatong Wires and Cables Group Co. Ltd. (605196) | CN¥3.30 Billion | 9.08% | 1.83x | $2.35 Billion |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |