CNlight Co Ltd (002076) - Net Assets
Based on the latest financial reports, CNlight Co Ltd (002076) has net assets worth CN¥246.18 Million CNY (≈ $36.02 Million 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¥863.46 Million ≈ $126.35 Million USD) and total liabilities (CN¥617.28 Million ≈ $90.33 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 CNlight Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥246.18 Million |
| % of Total Assets | 28.51% |
| Annual Growth Rate | 7.49% |
| 5-Year Change | N/A |
| 10-Year Change | -75.14% |
| Growth Volatility | 63.21 |
CNlight Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how CNlight Co Ltd's net assets have evolved over time, based on quarterly financial data. See CNlight Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for CNlight Co Ltd (2003–2025)
The table below shows the annual net assets of CNlight Co Ltd from 2003 to 2025. For live valuation and market cap data, see market value of CNlight Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥254.01 Million ≈ $37.17 Million |
+17.69% |
| 2024-12-31 | CN¥215.84 Million ≈ $31.58 Million |
-16.75% |
| 2023-12-31 | CN¥259.28 Million ≈ $37.94 Million |
-2.99% |
| 2022-12-31 | CN¥267.26 Million ≈ $39.11 Million |
+230.42% |
| 2021-12-31 | CN¥-204.92 Million ≈ $-29.99 Million |
-367.50% |
| 2020-12-31 | CN¥-43.83 Million ≈ $-6.41 Million |
+72.43% |
| 2019-12-31 | CN¥-159.00 Million ≈ $-23.27 Million |
-135.65% |
| 2018-12-31 | CN¥446.05 Million ≈ $65.27 Million |
-57.54% |
| 2017-12-31 | CN¥1.05 Billion ≈ $153.72 Million |
+2.79% |
| 2016-12-31 | CN¥1.02 Billion ≈ $149.54 Million |
+1.80% |
| 2015-12-31 | CN¥1.00 Billion ≈ $146.90 Million |
+139.22% |
| 2014-12-31 | CN¥419.67 Million ≈ $61.41 Million |
+3.55% |
| 2013-12-31 | CN¥405.27 Million ≈ $59.30 Million |
-3.60% |
| 2012-12-31 | CN¥420.39 Million ≈ $61.52 Million |
+4.06% |
| 2011-12-31 | CN¥403.97 Million ≈ $59.11 Million |
+0.72% |
| 2010-12-31 | CN¥401.07 Million ≈ $58.69 Million |
+3.16% |
| 2009-12-31 | CN¥388.80 Million ≈ $56.89 Million |
+2.98% |
| 2008-12-31 | CN¥377.54 Million ≈ $55.25 Million |
+3.38% |
| 2007-12-31 | CN¥365.21 Million ≈ $53.44 Million |
+12.43% |
| 2006-12-31 | CN¥324.84 Million ≈ $47.53 Million |
+179.30% |
| 2005-12-31 | CN¥116.31 Million ≈ $17.02 Million |
+39.40% |
| 2004-12-31 | CN¥83.44 Million ≈ $12.21 Million |
+60.83% |
| 2003-12-31 | CN¥51.88 Million ≈ $7.59 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to CNlight 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 decreased by 12501.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.73 Billion | 555.56% |
| Total Equity | CN¥311.40 Million | 100.00% |
CNlight Co Ltd Competitors by Market Cap
The table below lists competitors of CNlight Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Baoli Asphalt
SHE:300135
|
$430.20 Million |
|
Prisma Properties
ST:PRISMA
|
$430.24 Million |
|
Haypp Grp Ab
ST:HAYPP
|
$430.40 Million |
|
F&F Holdings Co. Ltd
KO:007700
|
$430.52 Million |
|
Johnson Outdoors Inc
NASDAQ:JOUT
|
$430.07 Million |
|
Spin Master Corp
TO:TOY
|
$429.62 Million |
|
Daqian Ecology & Landscape Co Ltd
SHG:603955
|
$429.38 Million |
|
Nawi Brothers Group Ltd
TA:NAWI
|
$429.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CNlight Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 289,900,272 to 311,399,238, a change of 21,498,966 (7.4%).
- Net loss of 3,843,893 reduced equity.
- Dividend payments of 508,352 reduced retained earnings.
- Other factors increased equity by 25,851,212.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-3.84 Million | -1.23% |
| Dividends Paid | CN¥508.35K | -0.16% |
| Other Changes | CN¥25.85 Million | +8.3% |
| Total Change | CN¥- | 7.42% |
Book Value vs Market Value Analysis
This analysis compares CNlight 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: 9.44x
- 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 20.02x to 9.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.13 | CN¥2.65 | x |
| 2004-12-31 | CN¥0.22 | CN¥2.65 | x |
| 2005-12-31 | CN¥0.30 | CN¥2.65 | x |
| 2006-12-31 | CN¥0.74 | CN¥2.65 | x |
| 2007-12-31 | CN¥0.66 | CN¥2.65 | x |
| 2008-12-31 | CN¥0.68 | CN¥2.65 | x |
| 2009-12-31 | CN¥0.70 | CN¥2.65 | x |
| 2010-12-31 | CN¥0.72 | CN¥2.65 | x |
| 2011-12-31 | CN¥0.73 | CN¥2.65 | x |
| 2012-12-31 | CN¥0.76 | CN¥2.65 | x |
| 2013-12-31 | CN¥0.73 | CN¥2.65 | x |
| 2014-12-31 | CN¥0.74 | CN¥2.65 | x |
| 2015-12-31 | CN¥1.40 | CN¥2.65 | x |
| 2016-12-31 | CN¥1.50 | CN¥2.65 | x |
| 2017-12-31 | CN¥1.52 | CN¥2.65 | x |
| 2018-12-31 | CN¥0.64 | CN¥2.65 | x |
| 2019-12-31 | CN¥-0.14 | CN¥2.65 | x |
| 2020-12-31 | CN¥0.01 | CN¥2.65 | x |
| 2021-12-31 | CN¥-0.14 | CN¥2.65 | x |
| 2022-12-31 | CN¥0.39 | CN¥2.65 | x |
| 2023-12-31 | CN¥0.24 | CN¥2.65 | x |
| 2024-12-31 | CN¥0.28 | CN¥2.65 | x |
| 2025-12-31 | CN¥0.28 | CN¥2.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CNlight 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): -1.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.01%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 2.63x
- Recent ROE (-1.23%) is below the historical average (26.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 12.68% | 8.76% | 0.63x | 2.29x | CN¥1.36 Million |
| 2004 | 24.12% | 13.03% | 1.01x | 1.84x | CN¥11.75 Million |
| 2005 | 27.32% | 16.00% | 0.98x | 1.74x | CN¥19.82 Million |
| 2006 | 13.63% | 16.32% | 0.69x | 1.20x | CN¥11.67 Million |
| 2007 | 13.95% | 15.07% | 0.75x | 1.23x | CN¥14.31 Million |
| 2008 | 3.61% | 3.85% | 0.80x | 1.18x | CN¥-24.00 Million |
| 2009 | 2.77% | 3.31% | 0.66x | 1.27x | CN¥-27.92 Million |
| 2010 | 3.10% | 3.51% | 0.66x | 1.33x | CN¥-27.52 Million |
| 2011 | 5.34% | 4.58% | 0.82x | 1.42x | CN¥-18.74 Million |
| 2012 | 3.62% | 3.59% | 0.75x | 1.34x | CN¥-26.73 Million |
| 2013 | 3.99% | 4.11% | 0.69x | 1.41x | CN¥-24.27 Million |
| 2014 | 4.19% | 3.91% | 0.72x | 1.48x | CN¥-23.94 Million |
| 2015 | 5.76% | 7.09% | 0.56x | 1.45x | CN¥-41.80 Million |
| 2016 | 4.00% | 4.98% | 0.49x | 1.65x | CN¥-60.86 Million |
| 2017 | 5.27% | 5.45% | 0.46x | 2.09x | CN¥-50.06 Million |
| 2018 | -170.08% | -147.33% | 0.36x | 3.24x | CN¥-883.01 Million |
| 2019 | 0.00% | -170.11% | 0.53x | 0.00x | CN¥-590.57 Million |
| 2020 | 644.05% | 13.04% | 0.50x | 99.63x | CN¥42.91 Million |
| 2021 | 0.00% | -111.36% | 0.28x | 0.00x | CN¥-157.84 Million |
| 2022 | 7.60% | 15.78% | 0.21x | 2.29x | CN¥-7.79 Million |
| 2023 | -4.12% | -8.69% | 0.28x | 1.66x | CN¥-44.91 Million |
| 2024 | -10.68% | -16.14% | 0.31x | 2.11x | CN¥-59.97 Million |
| 2025 | -1.23% | -1.01% | 0.46x | 2.63x | CN¥-34.98 Million |
Industry Comparison
This section compares CNlight Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $5,538,740,125
- Average return on equity (ROE) among peers: 9.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CNlight Co Ltd (002076) | CN¥246.18 Million | 12.68% | 2.51x | $430.09 Million |
| Midea Group Co Ltd (000333) | $33.17 Billion | 9.83% | 1.65x | $79.32 Billion |
| Changhong Meiling Co Ltd (000521) | $872.22 Million | 1.92% | 1.70x | $714.80 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $638.23 Million | 31.70% | 2.10x | $30.10 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $-806.97 Million | 0.00% | 0.00x | $3.65 Billion |
| Suncha Technology Co Ltd (001211) | $477.06 Million | 18.82% | 0.71x | $339.25 Million |
| Elec-Tech International Co Ltd (002005) | $6.45 Billion | -15.06% | 1.16x | $676.99 Million |
| Zhejiang Supor Co Ltd (002032) | $5.20 Billion | 25.51% | 0.76x | $4.81 Billion |
| Vatti Corp Ltd (002035) | $2.26 Billion | 22.53% | 0.86x | $589.18 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $1.59 Billion | -7.77% | 1.20x | $327.10 Million |
About CNlight Co Ltd
Cnlight Co.,Ltd manufactures and sells lighting products in China. It offers LED lighting, UV disinfection, automotive lighting, lithium battery production equipment, information security, and system integration. The company was founded in 1992 and is based in Foshan, China.