Sichuan Huiyuan Optical Com
Sichuan Huiyuan Optical Communication Co., Ltd. produces and sells optical fiber cables in China. The company offers plastic optical fiber, power optical cable, online monitoring, air-blown micro cable, plastic optical fiber and related supporting products; research and development, manufacturing, and sales of plastic optical fibers and cables, jumpers, and related supporting devices and equipmen… Read more
Sichuan Huiyuan Optical Com (000586) - Net Assets
Latest net assets as of September 2025: CN¥345.30 Million CNY
Based on the latest financial reports, Sichuan Huiyuan Optical Com (000586) has net assets worth CN¥345.30 Million 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¥612.88 Million) and total liabilities (CN¥267.58 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 | CN¥345.30 Million |
| % of Total Assets | 56.34% |
| Annual Growth Rate | 0.64% |
| 5-Year Change | 20.82% |
| 10-Year Change | 28.95% |
| Growth Volatility | 18.48 |
Sichuan Huiyuan Optical Com - Net Assets Trend (1995–2024)
This chart illustrates how Sichuan Huiyuan Optical Com's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sichuan Huiyuan Optical Com (1995–2024)
The table below shows the annual net assets of Sichuan Huiyuan Optical Com from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥329.93 Million | -3.25% |
| 2023-12-31 | CN¥341.01 Million | +6.44% |
| 2022-12-31 | CN¥320.36 Million | +6.38% |
| 2021-12-31 | CN¥301.15 Million | +10.28% |
| 2020-12-31 | CN¥273.08 Million | +1.74% |
| 2019-12-31 | CN¥268.42 Million | +2.79% |
| 2018-12-31 | CN¥261.12 Million | -0.58% |
| 2017-12-31 | CN¥262.65 Million | +0.71% |
| 2016-12-31 | CN¥260.80 Million | +1.93% |
| 2015-12-31 | CN¥255.87 Million | +8.60% |
| 2014-12-31 | CN¥235.60 Million | +3.96% |
| 2013-12-31 | CN¥226.63 Million | +5.46% |
| 2012-12-31 | CN¥214.90 Million | +4.30% |
| 2011-12-31 | CN¥206.04 Million | +11.93% |
| 2010-12-31 | CN¥184.09 Million | +54.76% |
| 2009-12-31 | CN¥118.95 Million | +1.32% |
| 2008-12-31 | CN¥117.40 Million | -56.72% |
| 2007-12-31 | CN¥271.23 Million | -20.42% |
| 2006-12-31 | CN¥340.81 Million | +7.76% |
| 2005-12-31 | CN¥316.25 Million | -9.76% |
| 2004-12-31 | CN¥350.47 Million | +12.82% |
| 2003-12-31 | CN¥310.66 Million | +10.04% |
| 2002-12-31 | CN¥282.30 Million | +6.97% |
| 2001-12-31 | CN¥263.91 Million | -14.94% |
| 2000-12-31 | CN¥310.26 Million | -15.35% |
| 1999-12-31 | CN¥366.54 Million | -18.23% |
| 1998-12-31 | CN¥448.24 Million | +9.55% |
| 1997-12-31 | CN¥409.17 Million | +6.68% |
| 1996-12-31 | CN¥383.56 Million | +39.69% |
| 1995-12-31 | CN¥274.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Huiyuan Optical Com'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 41.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥47.89 Million | 14.79% |
| Common Stock | CN¥193.44 Million | 59.73% |
| Other Components | CN¥82.54 Million | 25.49% |
| Total Equity | CN¥323.88 Million | 100.00% |
Sichuan Huiyuan Optical Com Competitors by Market Cap
The table below lists competitors of Sichuan Huiyuan Optical Com ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Handa Pharmaceuticals Inc.
TWO:6620
|
$241.75 Million |
|
PlayNitride Inc.
TW:6854
|
$241.78 Million |
|
Guangdong Decro Film New
SHE:001378
|
$241.78 Million |
|
Karat Packaging Inc
NASDAQ:KRT
|
$241.81 Million |
|
GnCenergy Co Ltd
KQ:119850
|
$241.68 Million |
|
Mirae Asset Venture Investment Co. Ltd
KQ:100790
|
$241.66 Million |
|
Hubei Huaqiang High-Tech Co. Ltd. A
SHG:688151
|
$241.61 Million |
|
Sterling and Wilson Renewable Energy Limited
NSE:SWSOLAR
|
$241.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Huiyuan Optical Com's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 333,218,010 to 323,875,400, a change of -9,342,610 (-2.8%).
- Net loss of 9,342,609 reduced equity.
- Dividend payments of 1,778,429 reduced retained earnings.
- Other comprehensive income decreased equity by 36,955,209.
- Other factors increased equity by 38,733,637.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-9.34 Million | -2.88% |
| Dividends Paid | CN¥1.78 Million | -0.55% |
| Other Comprehensive Income | CN¥-36.96 Million | -11.41% |
| Other Changes | CN¥38.73 Million | +11.96% |
| Total Change | CN¥- | -2.80% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Huiyuan Optical Com'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: 9.45x
- 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 11.23x to 9.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥1.41 | CN¥15.82 | x |
| 1996-12-31 | CN¥1.97 | CN¥15.82 | x |
| 1997-12-31 | CN¥2.11 | CN¥15.82 | x |
| 1998-12-31 | CN¥2.31 | CN¥15.82 | x |
| 1999-12-31 | CN¥1.89 | CN¥15.82 | x |
| 2000-12-31 | CN¥1.60 | CN¥15.82 | x |
| 2001-12-31 | CN¥1.36 | CN¥15.82 | x |
| 2002-12-31 | CN¥1.37 | CN¥15.82 | x |
| 2003-12-31 | CN¥1.49 | CN¥15.82 | x |
| 2004-12-31 | CN¥1.65 | CN¥15.82 | x |
| 2005-12-31 | CN¥1.50 | CN¥15.82 | x |
| 2006-12-31 | CN¥1.43 | CN¥15.82 | x |
| 2007-12-31 | CN¥1.12 | CN¥15.82 | x |
| 2008-12-31 | CN¥0.51 | CN¥15.82 | x |
| 2009-12-31 | CN¥0.71 | CN¥15.82 | x |
| 2010-12-31 | CN¥0.86 | CN¥15.82 | x |
| 2011-12-31 | CN¥1.00 | CN¥15.82 | x |
| 2012-12-31 | CN¥1.12 | CN¥15.82 | x |
| 2013-12-31 | CN¥1.12 | CN¥15.82 | x |
| 2014-12-31 | CN¥1.24 | CN¥15.82 | x |
| 2015-12-31 | CN¥1.23 | CN¥15.82 | x |
| 2016-12-31 | CN¥1.56 | CN¥15.82 | x |
| 2017-12-31 | CN¥1.16 | CN¥15.82 | x |
| 2018-12-31 | CN¥1.22 | CN¥15.82 | x |
| 2019-12-31 | CN¥1.26 | CN¥15.82 | x |
| 2020-12-31 | CN¥1.39 | CN¥15.82 | x |
| 2021-12-31 | CN¥1.53 | CN¥15.82 | x |
| 2022-12-31 | CN¥1.62 | CN¥15.82 | x |
| 2023-12-31 | CN¥1.72 | CN¥15.82 | x |
| 2024-12-31 | CN¥1.67 | CN¥15.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Huiyuan Optical Com 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): -2.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.21%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.74x
- Recent ROE (-2.88%) is below the historical average (-1.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 17.56% | 4.40% | 1.28x | 3.12x | CN¥20.62 Million |
| 1996 | 10.36% | 4.78% | 0.96x | 2.27x | CN¥1.37 Million |
| 1997 | 6.81% | 8.53% | 0.47x | 1.68x | CN¥-13.04 Million |
| 1998 | 2.88% | 2.67% | 0.73x | 1.47x | CN¥-31.91 Million |
| 1999 | 1.07% | 0.99% | 0.73x | 1.48x | CN¥-32.74 Million |
| 2000 | -18.14% | -13.83% | 0.81x | 1.62x | CN¥-87.31 Million |
| 2001 | -18.38% | -13.48% | 0.89x | 1.53x | CN¥-74.89 Million |
| 2002 | 0.58% | 0.61% | 0.41x | 2.32x | CN¥-25.01 Million |
| 2003 | 7.98% | 3.93% | 0.78x | 2.60x | CN¥-5.83 Million |
| 2004 | 9.75% | 3.89% | 0.98x | 2.55x | CN¥-783.78K |
| 2005 | -6.77% | -3.09% | 0.85x | 2.59x | CN¥-48.58 Million |
| 2006 | 0.39% | 0.16% | 0.89x | 2.75x | CN¥-27.78 Million |
| 2007 | -24.91% | -10.78% | 0.74x | 3.14x | CN¥-75.74 Million |
| 2008 | -121.40% | -29.21% | 0.81x | 5.14x | CN¥-130.42 Million |
| 2009 | 1.41% | 0.38% | 0.72x | 5.13x | CN¥-8.65 Million |
| 2010 | 33.64% | 14.16% | 0.74x | 3.21x | CN¥38.97 Million |
| 2011 | 10.03% | 3.87% | 0.93x | 2.80x | CN¥56.27K |
| 2012 | 2.68% | 1.17% | 0.85x | 2.70x | CN¥-13.95 Million |
| 2013 | 7.13% | 3.54% | 0.84x | 2.39x | CN¥-5.89 Million |
| 2014 | 3.24% | 1.45% | 0.88x | 2.54x | CN¥-14.33 Million |
| 2015 | 7.34% | 3.90% | 0.82x | 2.29x | CN¥-6.16 Million |
| 2016 | 1.28% | 0.66% | 0.82x | 2.34x | CN¥-20.54 Million |
| 2017 | 0.34% | 0.21% | 0.70x | 2.36x | CN¥-22.92 Million |
| 2018 | -1.23% | -0.68% | 0.71x | 2.55x | CN¥-26.37 Million |
| 2019 | 2.40% | 1.35% | 0.69x | 2.56x | CN¥-18.59 Million |
| 2020 | 9.06% | 5.02% | 0.99x | 1.83x | CN¥-2.53 Million |
| 2021 | 8.86% | 5.81% | 0.87x | 1.75x | CN¥-3.37 Million |
| 2022 | 5.81% | 4.08% | 0.80x | 1.78x | CN¥-13.12 Million |
| 2023 | 5.98% | 4.02% | 0.86x | 1.74x | CN¥-13.38 Million |
| 2024 | -2.88% | -2.21% | 0.75x | 1.74x | CN¥-41.73 Million |
Industry Comparison
This section compares Sichuan Huiyuan Optical Com's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,654,452,674
- Average return on equity (ROE) among peers: -3.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Huiyuan Optical Com (000586) | CN¥345.30 Million | 17.56% | 0.77x | $241.69 Million |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |