Foshan Electrical and Lighting Co Ltd (000541) - Net Assets
Based on the latest financial reports, Foshan Electrical and Lighting Co Ltd (000541) has net assets worth CN¥10.46 Billion CNY (≈ $1.53 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 (CN¥16.83 Billion ≈ $2.46 Billion USD) and total liabilities (CN¥6.37 Billion ≈ $932.38 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 tangible net worth ratio of Foshan Electrical and Lighting Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.46 Billion |
| % of Total Assets | 62.15% |
| Annual Growth Rate | 12.16% |
| 5-Year Change | 66.2% |
| 10-Year Change | 108.4% |
| Growth Volatility | 26.96 |
Foshan Electrical and Lighting Co Ltd - Net Assets Trend (1992–2025)
This chart illustrates how Foshan Electrical and Lighting Co Ltd's net assets have evolved over time, based on quarterly financial data. See Foshan Electrical and Lighting Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Foshan Electrical and Lighting Co Ltd (1992–2025)
The table below shows the annual net assets of Foshan Electrical and Lighting Co Ltd from 1992 to 2025. For live valuation and market cap data, see Foshan Electrical and Lighting Co Ltd (000541) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥10.43 Billion ≈ $1.53 Billion |
+2.61% |
| 2024-12-31 | CN¥10.17 Billion ≈ $1.49 Billion |
+4.04% |
| 2023-12-31 | CN¥9.77 Billion ≈ $1.43 Billion |
+13.62% |
| 2022-12-31 | CN¥8.60 Billion ≈ $1.26 Billion |
+37.03% |
| 2021-12-31 | CN¥6.28 Billion ≈ $918.44 Million |
-0.57% |
| 2020-12-31 | CN¥6.31 Billion ≈ $923.67 Million |
+28.63% |
| 2019-12-31 | CN¥4.91 Billion ≈ $718.11 Million |
+13.04% |
| 2018-12-31 | CN¥4.34 Billion ≈ $635.27 Million |
-9.55% |
| 2017-12-31 | CN¥4.80 Billion ≈ $702.34 Million |
-4.11% |
| 2016-12-31 | CN¥5.01 Billion ≈ $732.46 Million |
-1.03% |
| 2015-12-31 | CN¥5.06 Billion ≈ $740.11 Million |
+63.44% |
| 2014-12-31 | CN¥3.09 Billion ≈ $452.82 Million |
+5.78% |
| 2013-12-31 | CN¥2.93 Billion ≈ $428.08 Million |
-2.40% |
| 2012-12-31 | CN¥3.00 Billion ≈ $438.59 Million |
+5.60% |
| 2011-12-31 | CN¥2.84 Billion ≈ $415.34 Million |
+0.93% |
| 2010-12-31 | CN¥2.81 Billion ≈ $411.51 Million |
+3.92% |
| 2009-12-31 | CN¥2.71 Billion ≈ $395.97 Million |
+2.78% |
| 2008-12-31 | CN¥2.63 Billion ≈ $385.25 Million |
-12.78% |
| 2007-12-31 | CN¥3.02 Billion ≈ $441.70 Million |
+26.17% |
| 2006-12-31 | CN¥2.39 Billion ≈ $350.09 Million |
+2.68% |
| 2005-12-31 | CN¥2.33 Billion ≈ $340.93 Million |
+2.99% |
| 2004-12-31 | CN¥2.26 Billion ≈ $331.04 Million |
+3.11% |
| 2003-12-31 | CN¥2.19 Billion ≈ $321.05 Million |
+11.60% |
| 2002-12-31 | CN¥1.97 Billion ≈ $287.68 Million |
+2.80% |
| 2001-12-31 | CN¥1.91 Billion ≈ $279.85 Million |
+1.55% |
| 2000-12-31 | CN¥1.88 Billion ≈ $275.58 Million |
+57.96% |
| 1999-12-31 | CN¥1.19 Billion ≈ $174.46 Million |
+5.15% |
| 1998-12-31 | CN¥1.13 Billion ≈ $165.91 Million |
+3.22% |
| 1997-12-31 | CN¥1.10 Billion ≈ $160.73 Million |
+2.11% |
| 1996-12-31 | CN¥1.08 Billion ≈ $157.41 Million |
+4.50% |
| 1995-12-31 | CN¥1.03 Billion ≈ $150.62 Million |
+55.16% |
| 1994-12-31 | CN¥663.40 Million ≈ $97.08 Million |
+23.75% |
| 1993-12-31 | CN¥536.10 Million ≈ $78.45 Million |
+127.04% |
| 1992-12-31 | CN¥236.13 Million ≈ $34.55 Million |
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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 86709.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.04 Billion | 59.04% |
| Other Components | CN¥2.80 Billion | 40.96% |
| Total Equity | CN¥6.83 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 |
|---|---|
|
V2 Retail Limited
NSE:V2RETAIL
|
$908.72 Million |
|
Vats Liquor Chain Store Management Joint Stock Co Ltd
SHE:300755
|
$908.76 Million |
|
Der International Home Furnishing Co Ltd
SHE:002631
|
$908.84 Million |
|
Oppenheimer Holdings Inc
NYSE:OPY
|
$908.89 Million |
|
Contrel Technology Co Ltd
TWO:8064
|
$908.35 Million |
|
Auto Partner SA
WAR:APR
|
$907.70 Million |
|
ZheJiang ZhongKe Magnetic Co. Ltd. A
SHE:301141
|
$907.49 Million |
|
Koza Anadolu Metal Madencilik Isletmeleri AS
IS:KOZAA
|
$907.44 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 2024 to 2025, total equity changed from 6,574,304,305 to 6,834,820,502, a change of 260,516,197 (4.0%).
- Net income of 214,845,871 contributed positively to equity growth.
- Dividend payments of 204,296,821 reduced retained earnings.
- Other comprehensive income decreased equity by 545,554,710.
- Other factors increased equity by 795,521,856.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥214.85 Million | +3.14% |
| Dividends Paid | CN¥204.30 Million | -2.99% |
| Other Comprehensive Income | CN¥-545.55 Million | -7.98% |
| Other Changes | CN¥795.52 Million | +11.64% |
| Total Change | CN¥- | 3.96% |
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: 1.13x
- 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 23.04x to 1.13x 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¥5.04 | x |
| 1993-12-31 | CN¥0.50 | CN¥5.04 | x |
| 1994-12-31 | CN¥0.61 | CN¥5.04 | x |
| 1995-12-31 | CN¥0.95 | CN¥5.04 | x |
| 1996-12-31 | CN¥0.99 | CN¥5.04 | x |
| 1997-12-31 | CN¥1.01 | CN¥5.04 | x |
| 1998-12-31 | CN¥1.04 | CN¥5.04 | x |
| 1999-12-31 | CN¥1.10 | CN¥5.04 | x |
| 2000-12-31 | CN¥1.74 | CN¥5.04 | x |
| 2001-12-31 | CN¥1.77 | CN¥5.04 | x |
| 2002-12-31 | CN¥1.82 | CN¥5.04 | x |
| 2003-12-31 | CN¥2.03 | CN¥5.04 | x |
| 2004-12-31 | CN¥2.09 | CN¥5.04 | x |
| 2005-12-31 | CN¥2.13 | CN¥5.04 | x |
| 2006-12-31 | CN¥1.69 | CN¥5.04 | x |
| 2007-12-31 | CN¥2.15 | CN¥5.04 | x |
| 2008-12-31 | CN¥1.79 | CN¥5.04 | x |
| 2009-12-31 | CN¥1.93 | CN¥5.04 | x |
| 2010-12-31 | CN¥1.98 | CN¥5.04 | x |
| 2011-12-31 | CN¥2.01 | CN¥5.04 | x |
| 2012-12-31 | CN¥2.11 | CN¥5.04 | x |
| 2013-12-31 | CN¥2.09 | CN¥5.04 | x |
| 2014-12-31 | CN¥2.18 | CN¥5.04 | x |
| 2015-12-31 | CN¥3.59 | CN¥5.04 | x |
| 2016-12-31 | CN¥3.57 | CN¥5.04 | x |
| 2017-12-31 | CN¥3.41 | CN¥5.04 | x |
| 2018-12-31 | CN¥3.09 | CN¥5.04 | x |
| 2019-12-31 | CN¥3.49 | CN¥5.04 | x |
| 2020-12-31 | CN¥4.48 | CN¥5.04 | x |
| 2021-12-31 | CN¥4.26 | CN¥5.04 | x |
| 2022-12-31 | CN¥3.80 | CN¥5.04 | x |
| 2023-12-31 | CN¥4.56 | CN¥5.04 | x |
| 2024-12-31 | CN¥4.25 | CN¥5.04 | x |
| 2025-12-31 | CN¥4.45 | CN¥5.04 | 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): 3.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.44%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.51x
- Recent ROE (3.14%) is below the historical average (10.75%), 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 |
| 2025 | 3.14% | 2.44% | 0.51x | 2.51x | CN¥-468.64 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: $1,915,241,690
- Average return on equity (ROE) among peers: 10.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Foshan Electrical and Lighting Co Ltd (000541) | CN¥10.46 Billion | 20.43% | 0.61x | $908.69 Million |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $656.70 Million | 10.00% | 3.24x | $1.05 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.57 Billion | 1.54% | 1.62x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $684.66 Million | 5.90% | 0.54x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $102.42 Million | 12.86% | 0.78x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $87.88 Million | 21.99% | 1.03x | $7.89 Billion |
About 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