Hebei Huatong Wires and Cables Group Co. Ltd. (605196) - Net Assets
Based on the latest financial reports, Hebei Huatong Wires and Cables Group Co. Ltd. (605196) has net assets worth CN¥3.42 Billion CNY (≈ $500.74 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.50 Billion ≈ $1.68 Billion USD) and total liabilities (CN¥8.08 Billion ≈ $1.18 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. See 605196 equity financing ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.42 Billion |
| % of Total Assets | 29.76% |
| Annual Growth Rate | 15.9% |
| 5-Year Change | 52.05% |
| 10-Year Change | 233.16% |
| Growth Volatility | 11.56 |
Hebei Huatong Wires and Cables Group Co. Ltd. - Net Assets Trend (2013–2025)
This chart illustrates how Hebei Huatong Wires and Cables Group Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 605196 market cap overview.
Annual Net Assets for Hebei Huatong Wires and Cables Group Co. Ltd. (2013–2025)
The table below shows the annual net assets of Hebei Huatong Wires and Cables Group Co. Ltd. from 2013 to 2025. Also explore 605196 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.34 Billion ≈ $488.09 Million |
+5.92% |
| 2024-12-31 | CN¥3.15 Billion ≈ $460.79 Million |
+10.89% |
| 2023-12-31 | CN¥2.84 Billion ≈ $415.54 Million |
+14.67% |
| 2022-12-31 | CN¥2.48 Billion ≈ $362.39 Million |
+12.90% |
| 2021-12-31 | CN¥2.19 Billion ≈ $320.99 Million |
+24.80% |
| 2020-12-31 | CN¥1.76 Billion ≈ $257.21 Million |
+8.77% |
| 2019-12-31 | CN¥1.62 Billion ≈ $236.48 Million |
+8.29% |
| 2018-12-31 | CN¥1.49 Billion ≈ $218.38 Million |
+34.65% |
| 2017-12-31 | CN¥1.11 Billion ≈ $162.19 Million |
+10.71% |
| 2016-12-31 | CN¥1.00 Billion ≈ $146.50 Million |
+27.72% |
| 2015-12-31 | CN¥783.87 Million ≈ $114.71 Million |
+38.40% |
| 2014-12-31 | CN¥566.38 Million ≈ $82.88 Million |
-0.24% |
| 2013-12-31 | CN¥567.75 Million ≈ $83.08 Million |
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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 705.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.76 Billion | 52.63% |
| Other Components | CN¥1.58 Billion | 47.37% |
| Total Equity | CN¥3.34 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 |
|---|---|
|
China Baoan Group Co Ltd
SHE:000009
|
$2.66 Billion |
|
Acadia Realty Trust
NYSE:AKR
|
$2.66 Billion |
|
Huabao Flavours & Fragrances Co Ltd Class A
SHE:300741
|
$2.66 Billion |
|
FB Financial Corp
NYSE:FBK
|
$2.66 Billion |
|
Yongan Futures Co.Ltd.
SHG:600927
|
$2.65 Billion |
|
Wuhu Token Sciences
SHE:300088
|
$2.65 Billion |
|
JTC PLC LS-01
F:2N9
|
$2.65 Billion |
|
Advanced Technology & Materials Co Ltd
SHE:000969
|
$2.65 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 2024 to 2025, total equity changed from 3,148,209,055 to 3,337,328,923, a change of 189,119,868 (6.0%).
- Net income of 285,694,014 contributed positively to equity growth.
- Dividend payments of 155,744,488 reduced retained earnings.
- Other factors increased equity by 59,170,342.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥285.69 Million | +8.56% |
| Dividends Paid | CN¥155.74 Million | -4.67% |
| Other Changes | CN¥59.17 Million | +1.77% |
| Total Change | CN¥- | 6.01% |
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: 5.44x
- 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 16.96x to 5.44x 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¥35.51 | x |
| 2014-12-31 | CN¥2.30 | CN¥35.51 | x |
| 2015-12-31 | CN¥3.01 | CN¥35.51 | x |
| 2016-12-31 | CN¥3.33 | CN¥35.51 | x |
| 2017-12-31 | CN¥3.13 | CN¥35.51 | x |
| 2018-12-31 | CN¥4.02 | CN¥35.51 | x |
| 2019-12-31 | CN¥3.80 | CN¥35.51 | x |
| 2020-12-31 | CN¥4.08 | CN¥35.51 | x |
| 2021-12-31 | CN¥4.56 | CN¥35.51 | x |
| 2022-12-31 | CN¥4.87 | CN¥35.51 | x |
| 2023-12-31 | CN¥5.53 | CN¥35.51 | x |
| 2024-12-31 | CN¥6.11 | CN¥35.51 | x |
| 2025-12-31 | CN¥6.53 | CN¥35.51 | 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): 8.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.79%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.94x
- Recent ROE (8.56%) is below the historical average (8.90%), suggesting potential challenges in 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 |
| 2025 | 8.56% | 3.79% | 0.77x | 2.94x | CN¥-48.04 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: $1,793,502,014
- Average return on equity (ROE) among peers: 11.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hebei Huatong Wires and Cables Group Co. Ltd. (605196) | CN¥3.42 Billion | 9.08% | 2.36x | $2.66 Billion |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.04 Billion |
| Guangdong Macro Co Ltd (000533) | $458.00 Million | 10.69% | 4.94x | $1.10 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $236.13 Million | 20.43% | 0.71x | $890.66 Million |
| Dongfang Electronics Co Ltd (000682) | $1.41 Billion | 1.38% | 0.23x | $2.11 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.53 Billion | 4.09% | 0.63x | $720.77 Million |
| Huagong Tech Co Ltd (000988) | $9.37 Billion | 10.74% | 0.86x | $15.76 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $434.81 Million | 6.61% | 1.31x | $1.30 Billion |
| Sieyuan Electric Co Ltd (002028) | $3.00 Billion | 31.66% | 0.29x | $14.70 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $218.98 Million | 10.86% | 0.64x | $373.01 Million |
| Gotion High tech Co Ltd (002074) | $497.13 Million | 7.34% | 0.88x | $7.36 Billion |
About Hebei Huatong Wires and Cables Group Co. Ltd.
Hebei Huatong Wires and Cables Group Co., Ltd. engages in the research and development, production, and sale of wires and cables in China and internationally. It operates through Cable Sector, Oil and Gas Sector, and Aluminum Sector segments. The company offers ESP cables, mining cables, rubber cables, low voltage power cables, medium voltage power cables, electrical equipment cables, as well as … Read more