Applied Opt

NASDAQ:AAOI USA Communication Equipment
Market Cap
$5.89 Billion
Market Cap Rank
#3976 Global
#2531 in USA
Share Price
$86.33
Change (1 day)
-8.23%
52-Week Range
$10.05 - $127.01
All Time High
$127.01
Categories
Companies in USA Communication Equipment Technology AI & Machine Learning
About

Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, and distribution equipment, as well as amplifiers. The company sells its products to internet data center operat… Read more

Applied Opt (AAOI) - Net Assets

Latest net assets as of September 2025: $559.09 Million USD

Based on the latest financial reports, Applied Opt (AAOI) has net assets worth $559.09 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 ($978.53 Million) and total liabilities ($419.44 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.

Key Net Assets Metrics

Metric Value
Current Net Assets $559.09 Million
% of Total Assets 57.14%
Annual Growth Rate 20.32%
5-Year Change -17.55%
10-Year Change 38.52%
Growth Volatility 37.52

Applied Opt - Net Assets Trend (2011–2024)

This chart illustrates how Applied Opt's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Applied Opt (2011–2024)

The table below shows the annual net assets of Applied Opt from 2011 to 2024.

Year Net Assets Change
2024-12-31 $229.11 Million +6.63%
2023-12-31 $214.87 Million +16.35%
2022-12-31 $184.67 Million -27.46%
2021-12-31 $254.57 Million -8.39%
2020-12-31 $277.89 Million +1.50%
2019-12-31 $273.79 Million -16.80%
2018-12-31 $329.09 Million -1.25%
2017-12-31 $333.28 Million +46.57%
2016-12-31 $227.38 Million +37.48%
2015-12-31 $165.40 Million +43.81%
2014-12-31 $115.01 Million +82.34%
2013-12-31 $63.08 Million +103.42%
2012-12-31 $31.01 Million +49.97%
2011-12-31 $20.68 Million --

Equity Component Analysis

This analysis shows how different components contribute to Applied Opt'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 decreased by 37087900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock $49.00K 0.02%
Other Comprehensive Income $-2.55 Million -1.11%
Other Components $683.46 Million 298.31%
Total Equity $229.11 Million 100.00%

Applied Opt Competitors by Market Cap

The table below lists competitors of Applied Opt ranked by their market capitalization.

Company Market Cap
Air China Limited
PINK:AICAF
 		$2.97 Billion
Shan Dong Sun Paper Industry Joint Stock Co Ltd
SHE:002078
 		$2.97 Billion
Aedifica SA
PINK:AEDFF
 		$2.97 Billion
KAR Auction Services Inc
NYSE:KAR
 		$2.97 Billion
PJT Partners Inc
NYSE:PJT
 		$2.97 Billion
Nisshin Seifun Group Inc
F:NFR
 		$2.97 Billion
Community Bank System Inc
NYSE:CBU
 		$2.96 Billion
H B Fuller Company
NYSE:FUL
 		$2.96 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Applied Opt's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 214,869,000 to 229,112,000, a change of 14,243,000 (6.6%).
  • Net loss of 186,733,000 reduced equity.
  • New share issuances of 146,293,000 increased equity.
  • Other comprehensive income decreased equity by 3,523,000.
  • Other factors increased equity by 58,206,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $-186.73 Million -81.5%
Share Issuances $146.29 Million +63.85%
Other Comprehensive Income $-3.52 Million -1.54%
Other Changes $58.21 Million +25.41%
Total Change $- 6.63%

Book Value vs Market Value Analysis

This analysis compares Applied Opt'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: 15.65x
  • 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 37.37x to 15.65x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 $2.31 $86.33 x
2012-12-31 $3.46 $86.33 x
2013-12-31 $6.33 $86.33 x
2014-12-31 $7.57 $86.33 x
2015-12-31 $10.00 $86.33 x
2016-12-31 $12.84 $86.33 x
2017-12-31 $16.55 $86.33 x
2018-12-31 $16.75 $86.33 x
2019-12-31 $13.70 $86.33 x
2020-12-31 $12.71 $86.33 x
2021-12-31 $9.46 $86.33 x
2022-12-31 $6.63 $86.33 x
2023-12-31 $6.73 $86.33 x
2024-12-31 $5.52 $86.33 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Applied Opt 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): -81.50%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -74.88%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 2.39x
  • Recent ROE (-81.50%) is below the historical average (-13.96%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 -25.77% -11.14% 0.89x 2.60x $-7.40 Million
2012 -3.05% -1.49% 0.96x 2.12x $-4.05 Million
2013 -2.23% -1.79% 0.71x 1.76x $-7.71 Million
2014 3.72% 3.28% 0.71x 1.60x $-7.22 Million
2015 6.53% 5.68% 0.69x 1.65x $-5.75 Million
2016 13.74% 11.98% 0.81x 1.42x $8.50 Million
2017 22.19% 19.34% 0.84x 1.36x $40.62 Million
2018 -0.65% -0.80% 0.57x 1.42x $-35.06 Million
2019 -24.12% -34.60% 0.41x 1.71x $-93.43 Million
2020 -21.03% -24.91% 0.49x 1.73x $-86.24 Million
2021 -21.28% -25.60% 0.47x 1.79x $-79.62 Million
2022 -35.95% -29.80% 0.55x 2.21x $-84.86 Million
2023 -26.08% -25.75% 0.56x 1.81x $-77.53 Million
2024 -81.50% -74.88% 0.46x 2.39x $-209.64 Million

Industry Comparison

This section compares Applied Opt's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $1,643,159,793
  • Average return on equity (ROE) among peers: -213.67%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Applied Opt (AAOI) $559.09 Million -25.77% 0.75x $2.97 Billion
AAC Technologies Holdings Inc (AACAY) $14.21 Billion 28.32% 0.71x $4.55 Billion
Ability Inc (ABILF) $5.00 Million -5.60% 13.35x $544.32
ADTRAN Inc (ADTN) $378.43 Million 20.17% 0.27x $785.61 Million
ADVA Optical Networking SE (ADVOF) $176.06 Million -16.73% 0.17x $243.68 Million
Airgain Inc (AIRG) $46.22 Million 2.47% 0.22x $44.70 Million
Aerkomm Inc (AKOM) $24.19 Million -98.53% 2.63x $805.19K
Akoustis Technologies, Inc. (AKTSQ) $-57.09 Million 0.00% 0.00x $135.67K
Amplitech Group Inc (AMPG) $440.28K -233.03% 5.39x $50.17 Million
Actelis Networks Inc. (ASNS) $388.00K -1620.10% 27.93x $465.34K