Foshan Electrical and Lighting Co Ltd
Foshan Electrical and Lighting Co.,Ltd, together with its subsidiaries, engages in the research and development, production, and sale of general lighting and electrical products, automotive lighting, LED packaging products, and others in the People's Republic of China and internationally. The company offers general lighting and electrical products, including LED light sources, LED luminaries, and… Read more
Foshan Electrical and Lighting Co Ltd (000541) - Net Assets
Latest net assets as of September 2025: CN¥10.34 Billion CNY
Based on the latest financial reports, Foshan Electrical and Lighting Co Ltd (000541) has net assets worth CN¥10.34 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥17.06 Billion) and total liabilities (CN¥6.71 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 | CN¥10.34 Billion |
| % of Total Assets | 60.64% |
| Annual Growth Rate | 12.48% |
| 5-Year Change | 61.06% |
| 10-Year Change | 101.01% |
| Growth Volatility | 27.29 |
Foshan Electrical and Lighting Co Ltd - Net Assets Trend (1992–2024)
This chart illustrates how Foshan Electrical and Lighting 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 Foshan Electrical and Lighting Co Ltd (1992–2024)
The table below shows the annual net assets of Foshan Electrical and Lighting Co Ltd from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.17 Billion | +4.04% |
| 2023-12-31 | CN¥9.77 Billion | +13.62% |
| 2022-12-31 | CN¥8.60 Billion | +37.03% |
| 2021-12-31 | CN¥6.28 Billion | -0.57% |
| 2020-12-31 | CN¥6.31 Billion | +28.63% |
| 2019-12-31 | CN¥4.91 Billion | +13.04% |
| 2018-12-31 | CN¥4.34 Billion | -9.55% |
| 2017-12-31 | CN¥4.80 Billion | -4.11% |
| 2016-12-31 | CN¥5.01 Billion | -1.03% |
| 2015-12-31 | CN¥5.06 Billion | +63.44% |
| 2014-12-31 | CN¥3.09 Billion | +5.78% |
| 2013-12-31 | CN¥2.93 Billion | -2.40% |
| 2012-12-31 | CN¥3.00 Billion | +5.60% |
| 2011-12-31 | CN¥2.84 Billion | +0.93% |
| 2010-12-31 | CN¥2.81 Billion | +3.92% |
| 2009-12-31 | CN¥2.71 Billion | +2.78% |
| 2008-12-31 | CN¥2.63 Billion | -12.78% |
| 2007-12-31 | CN¥3.02 Billion | +26.17% |
| 2006-12-31 | CN¥2.39 Billion | +2.68% |
| 2005-12-31 | CN¥2.33 Billion | +2.99% |
| 2004-12-31 | CN¥2.26 Billion | +3.11% |
| 2003-12-31 | CN¥2.19 Billion | +11.60% |
| 2002-12-31 | CN¥1.97 Billion | +2.80% |
| 2001-12-31 | CN¥1.91 Billion | +1.55% |
| 2000-12-31 | CN¥1.88 Billion | +57.96% |
| 1999-12-31 | CN¥1.19 Billion | +5.15% |
| 1998-12-31 | CN¥1.13 Billion | +3.22% |
| 1997-12-31 | CN¥1.10 Billion | +2.11% |
| 1996-12-31 | CN¥1.08 Billion | +4.50% |
| 1995-12-31 | CN¥1.03 Billion | +55.16% |
| 1994-12-31 | CN¥663.40 Million | +23.75% |
| 1993-12-31 | CN¥536.10 Million | +127.04% |
| 1992-12-31 | CN¥236.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Foshan Electrical and Lighting 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 78523.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.66 Billion | 55.60% |
| Common Stock | CN¥1.55 Billion | 23.56% |
| Other Comprehensive Income | CN¥545.55 Million | 8.30% |
| Other Components | CN¥824.93 Million | 12.55% |
| Total Equity | CN¥6.57 Billion | 100.00% |
Foshan Electrical and Lighting Co Ltd Competitors by Market Cap
The table below lists competitors of Foshan Electrical and Lighting Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jilin Liyuan Precision Manufacturing Co Ltd
SHE:002501
|
$703.83 Million |
|
Ami Organics Limited
NSE:AMIORG
|
$704.27 Million |
|
Far Eastern Department Stores Ltd
TW:2903
|
$704.42 Million |
|
Ta Ya Electric Wire & Cable Co., Ltd.
TW:1609
|
$704.53 Million |
|
Sichuan Chuanhuan Technology Co Ltd
SHE:300547
|
$703.51 Million |
|
Beijing Zhidemai Technology
SHE:300785
|
$703.40 Million |
|
Metropolitan Bank Holding
NYSE:MCB
|
$703.05 Million |
|
Gunze Limited
F:GUN
|
$702.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Foshan Electrical and Lighting Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,285,442,808 to 6,574,304,305, a change of 288,861,497 (4.6%).
- Net income of 446,184,025 contributed positively to equity growth.
- Dividend payments of 202,185,811 reduced retained earnings.
- Other comprehensive income increased equity by 545,554,710.
- Other factors decreased equity by 500,691,427.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥446.18 Million | +6.79% |
| Dividends Paid | CN¥202.19 Million | -3.08% |
| Other Comprehensive Income | CN¥545.55 Million | +8.3% |
| Other Changes | CN¥-500.69 Million | -7.62% |
| Total Change | CN¥- | 4.60% |
Book Value vs Market Value Analysis
This analysis compares Foshan Electrical and Lighting 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: 1.44x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 27.89x to 1.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | CN¥0.22 | CN¥6.10 | x |
| 1993-12-31 | CN¥0.50 | CN¥6.10 | x |
| 1994-12-31 | CN¥0.61 | CN¥6.10 | x |
| 1995-12-31 | CN¥0.95 | CN¥6.10 | x |
| 1996-12-31 | CN¥0.99 | CN¥6.10 | x |
| 1997-12-31 | CN¥1.01 | CN¥6.10 | x |
| 1998-12-31 | CN¥1.04 | CN¥6.10 | x |
| 1999-12-31 | CN¥1.10 | CN¥6.10 | x |
| 2000-12-31 | CN¥1.74 | CN¥6.10 | x |
| 2001-12-31 | CN¥1.77 | CN¥6.10 | x |
| 2002-12-31 | CN¥1.82 | CN¥6.10 | x |
| 2003-12-31 | CN¥2.03 | CN¥6.10 | x |
| 2004-12-31 | CN¥2.09 | CN¥6.10 | x |
| 2005-12-31 | CN¥2.13 | CN¥6.10 | x |
| 2006-12-31 | CN¥1.69 | CN¥6.10 | x |
| 2007-12-31 | CN¥2.15 | CN¥6.10 | x |
| 2008-12-31 | CN¥1.79 | CN¥6.10 | x |
| 2009-12-31 | CN¥1.93 | CN¥6.10 | x |
| 2010-12-31 | CN¥1.98 | CN¥6.10 | x |
| 2011-12-31 | CN¥2.01 | CN¥6.10 | x |
| 2012-12-31 | CN¥2.11 | CN¥6.10 | x |
| 2013-12-31 | CN¥2.09 | CN¥6.10 | x |
| 2014-12-31 | CN¥2.18 | CN¥6.10 | x |
| 2015-12-31 | CN¥3.59 | CN¥6.10 | x |
| 2016-12-31 | CN¥3.57 | CN¥6.10 | x |
| 2017-12-31 | CN¥3.41 | CN¥6.10 | x |
| 2018-12-31 | CN¥3.09 | CN¥6.10 | x |
| 2019-12-31 | CN¥3.49 | CN¥6.10 | x |
| 2020-12-31 | CN¥4.48 | CN¥6.10 | x |
| 2021-12-31 | CN¥4.26 | CN¥6.10 | x |
| 2022-12-31 | CN¥3.80 | CN¥6.10 | x |
| 2023-12-31 | CN¥4.56 | CN¥6.10 | x |
| 2024-12-31 | CN¥4.25 | CN¥6.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Foshan Electrical and Lighting 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): 6.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.93%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 2.61x
- Recent ROE (6.79%) is below the historical average (10.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 20.43% | 20.46% | 0.58x | 1.71x | CN¥24.63 Million |
| 1993 | 17.67% | 22.40% | 0.62x | 1.27x | CN¥41.11 Million |
| 1994 | 21.97% | 32.71% | 0.50x | 1.34x | CN¥79.41 Million |
| 1995 | 16.57% | 40.00% | 0.33x | 1.27x | CN¥67.20 Million |
| 1996 | 16.47% | 43.96% | 0.28x | 1.34x | CN¥68.99 Million |
| 1997 | 12.30% | 30.02% | 0.32x | 1.27x | CN¥25.04 Million |
| 1998 | 13.36% | 29.86% | 0.36x | 1.26x | CN¥37.83 Million |
| 1999 | 13.37% | 26.28% | 0.41x | 1.23x | CN¥39.88 Million |
| 2000 | 8.59% | 23.45% | 0.32x | 1.16x | CN¥-26.53 Million |
| 2001 | 9.09% | 21.04% | 0.37x | 1.18x | CN¥-17.35 Million |
| 2002 | 10.44% | 21.39% | 0.41x | 1.20x | CN¥8.69 Million |
| 2003 | 10.34% | 22.17% | 0.42x | 1.10x | CN¥7.40 Million |
| 2004 | 10.26% | 18.97% | 0.48x | 1.12x | CN¥5.89 Million |
| 2005 | 9.53% | 18.09% | 0.47x | 1.11x | CN¥-10.89 Million |
| 2006 | 11.26% | 21.72% | 0.46x | 1.12x | CN¥29.92 Million |
| 2007 | 14.19% | 28.33% | 0.44x | 1.14x | CN¥125.07 Million |
| 2008 | 8.62% | 13.04% | 0.61x | 1.09x | CN¥-36.01 Million |
| 2009 | 7.98% | 12.43% | 0.57x | 1.13x | CN¥-53.83 Million |
| 2010 | 9.53% | 13.49% | 0.62x | 1.13x | CN¥-12.92 Million |
| 2011 | 10.45% | 13.00% | 0.71x | 1.13x | CN¥12.57 Million |
| 2012 | 13.57% | 18.19% | 0.64x | 1.17x | CN¥105.46 Million |
| 2013 | 8.71% | 9.97% | 0.75x | 1.17x | CN¥-37.23 Million |
| 2014 | 8.74% | 8.67% | 0.82x | 1.23x | CN¥-38.33 Million |
| 2015 | 1.06% | 1.86% | 0.48x | 1.20x | CN¥-448.95 Million |
| 2016 | 21.49% | 31.85% | 0.55x | 1.22x | CN¥573.30 Million |
| 2017 | 15.49% | 19.48% | 0.67x | 1.19x | CN¥262.40 Million |
| 2018 | 8.74% | 9.93% | 0.68x | 1.29x | CN¥-54.31 Million |
| 2019 | 6.07% | 8.87% | 0.54x | 1.27x | CN¥-192.00 Million |
| 2020 | 5.06% | 8.46% | 0.44x | 1.36x | CN¥-309.48 Million |
| 2021 | 5.17% | 3.43% | 0.90x | 1.67x | CN¥-280.44 Million |
| 2022 | 4.45% | 2.63% | 0.57x | 2.96x | CN¥-286.99 Million |
| 2023 | 4.62% | 3.21% | 0.53x | 2.69x | CN¥-338.19 Million |
| 2024 | 6.79% | 4.93% | 0.53x | 2.61x | CN¥-211.25 Million |
Industry Comparison
This section compares Foshan Electrical and Lighting 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: $2,445,116,366
- Average return on equity (ROE) among peers: 10.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Foshan Electrical and Lighting Co Ltd (000541) | CN¥10.34 Billion | 20.43% | 0.65x | $703.62 Million |
| XJ Electric Co Ltd (000400) | $7.55 Billion | 11.51% | 0.89x | $2.54 Billion |
| Guangdong Macro Co Ltd (000533) | $971.33 Million | 13.39% | 1.48x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.47 Billion | 5.33% | 0.99x | $366.05 Million |
| Huagong Tech Co Ltd (000988) | $1.16 Billion | 4.84% | 1.06x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $873.58 Million | 10.72% | 0.86x | $889.01 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $5.66 Billion | 12.76% | 0.31x | $1.58 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $1.22 Billion | 11.09% | 0.26x | $212.27 Million |
| Sieyuan Electric Co Ltd (002028) | $2.91 Billion | 32.63% | 0.33x | $15.18 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.06 Million | -9.17% | 0.66x | $222.14 Million |