China Wire & Cable Co Ltd
China Wire & Cable Co., Ltd. engages in the production, processing, installation, and sales services of wires and cables, aluminum doors and windows, curtain walls, and various aluminum products in Taiwan. The company operates through the Cable Division, and Door and Window Division segments. It also develops, leases, and sells houses and buildings. China Wire & Cable Co., Ltd. was founded in 196… Read more
China Wire & Cable Co Ltd (1603) - Net Assets
Latest net assets as of September 2025: NT$7.48 Billion TWD
Based on the latest financial reports, China Wire & Cable Co Ltd (1603) has net assets worth NT$7.48 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$12.06 Billion) and total liabilities (NT$4.57 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 | NT$7.48 Billion |
| % of Total Assets | 62.07% |
| Annual Growth Rate | 4.37% |
| 5-Year Change | 31.42% |
| 10-Year Change | 34.65% |
| Growth Volatility | 8.42 |
China Wire & Cable Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how China Wire & Cable 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 China Wire & Cable Co Ltd (2002–2024)
The table below shows the annual net assets of China Wire & Cable Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.13 Billion | +9.62% |
| 2023-12-31 | NT$6.50 Billion | +10.10% |
| 2022-12-31 | NT$5.91 Billion | +1.24% |
| 2021-12-31 | NT$5.83 Billion | +7.56% |
| 2020-12-31 | NT$5.42 Billion | +5.61% |
| 2019-12-31 | NT$5.14 Billion | +4.72% |
| 2018-12-31 | NT$4.91 Billion | -3.55% |
| 2017-12-31 | NT$5.09 Billion | +6.16% |
| 2016-12-31 | NT$4.79 Billion | -9.52% |
| 2015-12-31 | NT$5.29 Billion | -3.64% |
| 2014-12-31 | NT$5.49 Billion | +7.04% |
| 2013-12-31 | NT$5.13 Billion | +6.30% |
| 2012-12-31 | NT$4.83 Billion | +9.70% |
| 2011-12-31 | NT$4.40 Billion | -1.86% |
| 2010-12-31 | NT$4.49 Billion | +7.45% |
| 2009-12-31 | NT$4.17 Billion | +21.13% |
| 2008-12-31 | NT$3.45 Billion | -3.24% |
| 2007-12-31 | NT$3.56 Billion | +2.53% |
| 2006-12-31 | NT$3.47 Billion | +5.73% |
| 2005-12-31 | NT$3.29 Billion | +25.68% |
| 2004-12-31 | NT$2.61 Billion | -11.91% |
| 2003-12-31 | NT$2.97 Billion | +6.67% |
| 2002-12-31 | NT$2.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Wire & Cable 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 285048500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.85 Billion | 40.49% |
| Common Stock | NT$1.92 Billion | 27.23% |
| Other Comprehensive Income | NT$3.91 Billion | 55.54% |
| Total Equity | NT$7.04 Billion | 100.00% |
China Wire & Cable Co Ltd Competitors by Market Cap
The table below lists competitors of China Wire & Cable Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
American Riviera Bank
OTCQX:ARBV
|
$77.47 Million |
|
Chargeurs SA
F:GET
|
$77.49 Million |
|
Lotte Data Communication Company
KO:286940
|
$77.50 Million |
|
Anhui Chaoyue Environmental Protection Technology Co. Ltd.
SHE:301049
|
$77.50 Million |
|
Vitzro Tech Co. Ltd
KQ:042370
|
$77.46 Million |
|
Honda India Power Products Limited
NSE:HONDAPOWER
|
$77.44 Million |
|
Adverum Biotechnologies Inc
NASDAQ:ADVM
|
$77.42 Million |
|
TS Corporation
KO:001790
|
$77.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Wire & Cable Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,453,841,000 to 7,040,279,000, a change of 586,438,000 (9.1%).
- Net income of 451,928,000 contributed positively to equity growth.
- Dividend payments of 206,501,000 reduced retained earnings.
- Other comprehensive income increased equity by 338,327,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$451.93 Million | +6.42% |
| Dividends Paid | NT$206.50 Million | -2.93% |
| Other Comprehensive Income | NT$338.33 Million | +4.81% |
| Other Changes | NT$2.68 Million | +0.04% |
| Total Change | NT$- | 9.09% |
Book Value vs Market Value Analysis
This analysis compares China Wire & Cable 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: 0.78x
- 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.
- The price-to-book ratio has decreased from 1.32x to 0.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$26.23 | NT$34.60 | x |
| 2010-12-31 | NT$28.19 | NT$34.60 | x |
| 2011-12-31 | NT$27.66 | NT$34.60 | x |
| 2012-12-31 | NT$30.35 | NT$34.60 | x |
| 2013-12-31 | NT$32.24 | NT$34.60 | x |
| 2014-12-31 | NT$34.51 | NT$34.60 | x |
| 2015-12-31 | NT$33.25 | NT$34.60 | x |
| 2016-12-31 | NT$30.09 | NT$34.60 | x |
| 2017-12-31 | NT$31.93 | NT$34.60 | x |
| 2018-12-31 | NT$30.79 | NT$34.60 | x |
| 2019-12-31 | NT$32.24 | NT$34.60 | x |
| 2020-12-31 | NT$34.05 | NT$34.60 | x |
| 2021-12-31 | NT$36.58 | NT$34.60 | x |
| 2022-12-31 | NT$37.06 | NT$34.60 | x |
| 2023-12-31 | NT$40.62 | NT$34.60 | x |
| 2024-12-31 | NT$44.32 | NT$34.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Wire & Cable Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.96%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.54x
- Recent ROE (6.42%) is above the historical average (5.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.55% | 0.54% | 0.34x | 3.00x | NT$-262.87 Million |
| 2003 | 5.87% | 5.93% | 0.35x | 2.87x | NT$-122.51 Million |
| 2006 | 1.70% | 2.05% | 0.38x | 2.20x | NT$-287.74 Million |
| 2007 | 4.36% | 5.38% | 0.38x | 2.13x | NT$-200.33 Million |
| 2008 | 6.10% | 5.68% | 0.51x | 2.12x | NT$-133.93 Million |
| 2009 | 10.78% | 15.39% | 0.40x | 1.77x | NT$32.62 Million |
| 2010 | 5.89% | 9.50% | 0.37x | 1.67x | NT$-183.85 Million |
| 2011 | 3.40% | 4.32% | 0.46x | 1.69x | NT$-290.08 Million |
| 2012 | 7.82% | 13.63% | 0.37x | 1.54x | NT$-104.97 Million |
| 2013 | 4.79% | 8.47% | 0.34x | 1.66x | NT$-266.81 Million |
| 2014 | 4.57% | 9.54% | 0.31x | 1.54x | NT$-298.07 Million |
| 2015 | 8.43% | 14.61% | 0.36x | 1.61x | NT$-82.86 Million |
| 2016 | 6.23% | 10.54% | 0.36x | 1.62x | NT$-180.06 Million |
| 2017 | 5.55% | 10.43% | 0.35x | 1.50x | NT$-225.91 Million |
| 2018 | 2.66% | 5.18% | 0.32x | 1.60x | NT$-359.26 Million |
| 2019 | 4.54% | 8.56% | 0.34x | 1.58x | NT$-279.77 Million |
| 2020 | 6.02% | 14.52% | 0.27x | 1.54x | NT$-215.10 Million |
| 2021 | 4.85% | 11.00% | 0.29x | 1.50x | NT$-299.10 Million |
| 2022 | 5.58% | 9.47% | 0.38x | 1.57x | NT$-260.46 Million |
| 2023 | 7.35% | 11.82% | 0.39x | 1.59x | NT$-171.22 Million |
| 2024 | 6.42% | 9.96% | 0.42x | 1.54x | NT$-252.10 Million |
Industry Comparison
This section compares China Wire & Cable Co Ltd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $3,318,506,889
- Average return on equity (ROE) among peers: 4.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Wire & Cable Co Ltd (1603) | NT$7.48 Billion | 0.55% | 0.61x | $77.47 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $4.09 Billion | -0.33% | 0.05x | $111.08 Million |
| Senao International Co Ltd (2450) | $6.43 Billion | 10.98% | 0.53x | $64.69 Million |
| Wah Lee Industrial Corp (3010) | $8.62 Billion | 11.39% | 1.34x | $645.33 Million |
| Weikeng Industrial Co Ltd (3033) | $2.53 Billion | 15.31% | 2.01x | $384.05 Million |
| Edom Technology Co Ltd (3048) | $3.72 Billion | 18.74% | 5.27x | $169.71 Million |
| MetaTech AP (3224) | $2.61 Billion | -2.64% | 0.25x | $59.52 Million |
| Sentronic International (3232) | $363.49 Million | 5.76% | 1.39x | $22.56 Million |
| Kworld Computer Co Ltd (3287) | $411.82 Million | 2.32% | 0.36x | $17.39 Million |
| G.M.I Technology Inc (3312) | $1.11 Billion | -19.88% | 1.94x | $115.66 Million |