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¥3.30 Billion CNY (≈ $482.80 Million 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¥9.34 Billion ≈ $1.37 Billion USD) and total liabilities (CN¥6.04 Billion ≈ $884.00 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 605196 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Hebei Huatong Wires and Cables Group Co. (605196) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 605196 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 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 |
|---|---|
|
FS KKR Capital Corp
NYSE:FSK
|
$3.20 Billion |
|
Bank of Guiyang Co Ltd
SHG:601997
|
$3.20 Billion |
|
SunocoCorp LLC
NYSE:SUNC
|
$3.20 Billion |
|
Polaris Industries Inc
NYSE:PII
|
$3.20 Billion |
|
Premium Brands Holdings Corporation
TO:PBH
|
$3.20 Billion |
|
Guangdong Provincial Expressway Development Co Ltd
SHE:000429
|
$3.19 Billion |
|
Fujian Kuncai Material Tech
SHG:603826
|
$3.19 Billion |
|
WYNN MACAU LTD ADR/10
F:8WY0
|
$3.19 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: 6.94x
- 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 20.42x to 6.94x 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¥42.75 | x |
| 2014-12-31 | CN¥2.30 | CN¥42.75 | x |
| 2015-12-31 | CN¥3.01 | CN¥42.75 | x |
| 2016-12-31 | CN¥3.33 | CN¥42.75 | x |
| 2017-12-31 | CN¥3.13 | CN¥42.75 | x |
| 2018-12-31 | CN¥4.02 | CN¥42.75 | x |
| 2019-12-31 | CN¥3.19 | CN¥42.75 | x |
| 2020-12-31 | CN¥3.47 | CN¥42.75 | x |
| 2021-12-31 | CN¥4.33 | CN¥42.75 | x |
| 2022-12-31 | CN¥4.87 | CN¥42.75 | x |
| 2023-12-31 | CN¥5.53 | CN¥42.75 | x |
| 2024-12-31 | CN¥6.16 | CN¥42.75 | 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: $2,542,980,118
- Average return on equity (ROE) among peers: 6.57%
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 | $3.20 Billion |
| XJ Electric Co Ltd (000400) | $1.49 Billion | 11.47% | 0.73x | $3.86 Billion |
| Guangdong Macro Co Ltd (000533) | $598.74 Million | 0.58% | 4.38x | $1.35 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.84 Billion | 10.28% | 0.11x | $1.03 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.27 Billion | 0.84% | 0.19x | $2.58 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.05 Billion | -0.83% | 4.35x | $864.19 Million |
| Huagong Tech Co Ltd (000988) | $7.43 Billion | 10.24% | 0.87x | $18.42 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.82 Billion |
| Sieyuan Electric Co Ltd (002028) | $8.60 Billion | 13.93% | 0.62x | $23.55 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $175.70 Million | 4.41% | 0.38x | $525.19 Million |
| Gotion High tech Co Ltd (002074) | $497.13 Million | 7.34% | 0.88x | $10.24 Billion |
About 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