Eastern Communications Co Ltd B (900941) - Net Assets
Based on the latest financial reports, Eastern Communications Co Ltd B (900941) has net assets worth $3.84 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.69 Billion) and total liabilities ($847.86 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. Also explore 900941 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.84 Billion |
| % of Total Assets | 81.93% |
| Annual Growth Rate | 2.4% |
| 5-Year Change | 14.12% |
| 10-Year Change | 25.87% |
| Growth Volatility | 1.94 |
Eastern Communications Co Ltd B - Net Assets Trend (2015–2025)
This chart illustrates how Eastern Communications Co Ltd B's net assets have evolved over time, based on quarterly financial data. Check 900941 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Annual Net Assets for Eastern Communications Co Ltd B (2015–2025)
The table below shows the annual net assets of Eastern Communications Co Ltd B from 2015 to 2025. For live market cap and overall valuation, see how much is Eastern Communications Co Ltd B worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.80 Billion | +7.99% |
| 2024-12-31 | $3.52 Billion | +1.49% |
| 2023-12-31 | $3.47 Billion | +1.97% |
| 2022-12-31 | $3.40 Billion | +2.11% |
| 2021-12-31 | $3.33 Billion | +3.11% |
| 2020-12-31 | $3.23 Billion | +1.74% |
| 2019-12-31 | $3.17 Billion | +1.87% |
| 2018-12-31 | $3.12 Billion | +1.73% |
| 2017-12-31 | $3.06 Billion | +1.46% |
| 2016-12-31 | $3.02 Billion | +0.70% |
| 2015-12-31 | $3.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eastern Communications Co Ltd B'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 72.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.40 Billion | 37.07% |
| Other Components | $2.38 Billion | 62.93% |
| Total Equity | $3.78 Billion | 100.00% |
Eastern Communications Co Ltd B Competitors by Market Cap
The table below lists competitors of Eastern Communications Co Ltd B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SHL Consolidated Bhd
KLSE:6017
|
$143.46 Million |
|
Pyridam Farma Tbk
JK:PYFA
|
$143.54 Million |
|
Emmerson Resources Ltd
AU:ERM
|
$143.62 Million |
|
Limes Schlosskliniken AG
XETRA:LIK
|
$143.66 Million |
|
ROKISKIO SURIS PC EO 029
F:YTV
|
$143.31 Million |
|
Astron Corporation Ltd
AU:ATR
|
$143.29 Million |
|
Currenc Group Inc. Ordinary Shares
NASDAQ:CURR
|
$143.26 Million |
|
Welldone Co
TWO:6170
|
$143.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eastern Communications Co Ltd B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,489,035,874 to 3,775,435,612, a change of 286,399,738 (8.2%).
- Net income of 358,070,793 contributed positively to equity growth.
- Dividend payments of 76,499,144 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $358.07 Million | +9.48% |
| Dividends Paid | $76.50 Million | -2.03% |
| Other Changes | $4.83 Million | +0.13% |
| Total Change | $- | 8.21% |
Book Value vs Market Value Analysis
This analysis compares Eastern Communications Co Ltd B'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: 0.16x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $2.41 | $0.48 | x |
| 2018-12-31 | $2.45 | $0.48 | x |
| 2019-12-31 | $2.49 | $0.48 | x |
| 2020-12-31 | $2.54 | $0.48 | x |
| 2021-12-31 | $2.62 | $0.48 | x |
| 2022-12-31 | $2.67 | $0.48 | x |
| 2023-12-31 | $2.73 | $0.48 | x |
| 2024-12-31 | $2.78 | $0.48 | x |
| 2025-12-31 | $3.01 | $0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eastern Communications Co Ltd B 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): 9.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.45%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.29x
- Recent ROE (9.48%) is above the historical average (4.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 5.74% | 4.76% | 0.96x | 1.26x | $-126.02 Million |
| 2016 | 3.08% | 4.63% | 0.51x | 1.29x | $-206.23 Million |
| 2017 | 3.91% | 4.85% | 0.65x | 1.25x | $-183.93 Million |
| 2018 | 4.14% | 5.30% | 0.63x | 1.24x | $-179.99 Million |
| 2019 | 4.20% | 4.91% | 0.68x | 1.26x | $-181.49 Million |
| 2020 | 3.25% | 3.49% | 0.73x | 1.27x | $-215.05 Million |
| 2021 | 3.54% | 3.83% | 0.74x | 1.25x | $-212.34 Million |
| 2022 | 4.02% | 4.18% | 0.76x | 1.26x | $-200.86 Million |
| 2023 | 4.46% | 5.20% | 0.68x | 1.27x | $-189.98 Million |
| 2024 | 4.33% | 5.22% | 0.65x | 1.28x | $-197.96 Million |
| 2025 | 9.48% | 14.45% | 0.51x | 1.29x | $-19.47 Million |
Industry Comparison
This section compares Eastern Communications Co Ltd B's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $2,337,859,399
- Average return on equity (ROE) among peers: -14.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eastern Communications Co Ltd B (900941) | $3.84 Billion | 5.74% | 0.22x | $143.40 Million |
| ZTE Corp (000063) | $10.60 Billion | 11.27% | 1.06x | $20.22 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $1.83 Billion | 14.55% | 2.21x | $1.90 Billion |
| Addsino Co Ltd (000547) | $6.03 Billion | -27.73% | 0.88x | $3.83 Billion |
| Sichuan Huiyuan Optical Com (000586) | $255.87 Million | 6.64% | 1.07x | $343.36 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $88.50 Million | -106.54% | 6.49x | $351.47 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.73 Billion |
| Skyworth Digital Co Ltd (000810) | $636.46 Million | 0.55% | 0.78x | $1.62 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $190.74 Million | -47.20% | 0.51x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $1.26 Billion | 2.70% | 1.62x | $1.05 Billion |
| Sunwave Communications Co Ltd (002115) | $945.20 Million | -14.30% | 1.10x | $1.41 Billion |
About Eastern Communications Co Ltd B
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