Zhejiang Crystal Optech Co Ltd (002273) - Net Assets
Based on the latest financial reports, Zhejiang Crystal Optech Co Ltd (002273) has net assets worth CN¥9.94 Billion CNY (≈ $1.45 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥12.22 Billion ≈ $1.79 Billion USD) and total liabilities (CN¥2.27 Billion ≈ $332.85 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 002273 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.94 Billion |
| % of Total Assets | 81.38% |
| Annual Growth Rate | 35.87% |
| 5-Year Change | 57.86% |
| 10-Year Change | 245.73% |
| Growth Volatility | 65.38 |
Zhejiang Crystal Optech Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Zhejiang Crystal Optech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Zhejiang Crystal Optech Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Crystal Optech Co Ltd (2005–2024)
The table below shows the annual net assets of Zhejiang Crystal Optech Co Ltd from 2005 to 2024. For live valuation and market cap data, see Zhejiang Crystal Optech Co Ltd (002273) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.38 Billion ≈ $1.37 Billion |
+4.58% |
| 2023-12-31 | CN¥8.97 Billion ≈ $1.31 Billion |
+5.35% |
| 2022-12-31 | CN¥8.52 Billion ≈ $1.25 Billion |
+1.43% |
| 2021-12-31 | CN¥8.40 Billion ≈ $1.23 Billion |
+41.27% |
| 2020-12-31 | CN¥5.94 Billion ≈ $869.79 Million |
+23.48% |
| 2019-12-31 | CN¥4.81 Billion ≈ $704.42 Million |
+20.26% |
| 2018-12-31 | CN¥4.00 Billion ≈ $585.73 Million |
+12.80% |
| 2017-12-31 | CN¥3.55 Billion ≈ $519.26 Million |
+21.02% |
| 2016-12-31 | CN¥2.93 Billion ≈ $429.07 Million |
+8.04% |
| 2015-12-31 | CN¥2.71 Billion ≈ $397.15 Million |
+89.96% |
| 2014-12-31 | CN¥1.43 Billion ≈ $209.07 Million |
+25.11% |
| 2013-12-31 | CN¥1.14 Billion ≈ $167.11 Million |
+6.85% |
| 2012-12-31 | CN¥1.07 Billion ≈ $156.40 Million |
+9.74% |
| 2011-12-31 | CN¥973.92 Million ≈ $142.52 Million |
+103.30% |
| 2010-12-31 | CN¥479.06 Million ≈ $70.10 Million |
+13.22% |
| 2009-12-31 | CN¥423.12 Million ≈ $61.92 Million |
+10.67% |
| 2008-12-31 | CN¥382.31 Million ≈ $55.94 Million |
+284.12% |
| 2007-12-31 | CN¥99.53 Million ≈ $14.56 Million |
+80.51% |
| 2006-12-31 | CN¥55.14 Million ≈ $8.07 Million |
+98.92% |
| 2005-12-31 | CN¥27.72 Million ≈ $4.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Crystal Optech 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 23243.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.13 Billion | 34.71% |
| Common Stock | CN¥1.39 Billion | 15.40% |
| Other Comprehensive Income | CN¥487.90 Million | 5.40% |
| Other Components | CN¥4.02 Billion | 44.48% |
| Total Equity | CN¥9.03 Billion | 100.00% |
Zhejiang Crystal Optech Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Crystal Optech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Syensqo
BR:SYENS
|
$6.72 Billion |
|
AutoNation Inc
NYSE:AN
|
$6.72 Billion |
|
Shenzhen Kaifa Technology Co Ltd
SHE:000021
|
$6.72 Billion |
|
Uranium Energy Corp
NYSE MKT:UEC
|
$6.72 Billion |
|
Rail Vikas Nigam Limited
NSE:RVNL
|
$6.71 Billion |
|
CPI Property Group S.A
F:O5G
|
$6.71 Billion |
|
FRONTLINE PLC DL 1
F:HF6
|
$6.70 Billion |
|
KINGFISHER ADR/2 LS-1571
F:KFI2
|
$6.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Crystal Optech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,602,934,343 to 9,029,468,319, a change of 426,533,976 (5.0%).
- Net income of 1,029,847,633 contributed positively to equity growth.
- Dividend payments of 553,015,922 reduced retained earnings.
- Share repurchases of 100,264,119 reduced equity.
- Other comprehensive income increased equity by 73,414,521.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.03 Billion | +11.41% |
| Dividends Paid | CN¥553.02 Million | -6.12% |
| Share Repurchases | CN¥100.26 Million | -1.11% |
| Other Comprehensive Income | CN¥73.41 Million | +0.81% |
| Other Changes | CN¥-23.45 Million | -0.26% |
| Total Change | CN¥- | 4.96% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Crystal Optech 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: 5.03x
- 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 758.22x to 5.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.04 | CN¥33.00 | x |
| 2006-12-31 | CN¥0.09 | CN¥33.00 | x |
| 2007-12-31 | CN¥0.16 | CN¥33.00 | x |
| 2008-12-31 | CN¥0.71 | CN¥33.00 | x |
| 2009-12-31 | CN¥0.49 | CN¥33.00 | x |
| 2010-12-31 | CN¥0.55 | CN¥33.00 | x |
| 2011-12-31 | CN¥1.09 | CN¥33.00 | x |
| 2012-12-31 | CN¥1.12 | CN¥33.00 | x |
| 2013-12-31 | CN¥1.16 | CN¥33.00 | x |
| 2014-12-31 | CN¥1.44 | CN¥33.00 | x |
| 2015-12-31 | CN¥2.56 | CN¥33.00 | x |
| 2016-12-31 | CN¥2.64 | CN¥33.00 | x |
| 2017-12-31 | CN¥3.08 | CN¥33.00 | x |
| 2018-12-31 | CN¥3.48 | CN¥33.00 | x |
| 2019-12-31 | CN¥4.12 | CN¥33.00 | x |
| 2020-12-31 | CN¥4.70 | CN¥33.00 | x |
| 2021-12-31 | CN¥6.20 | CN¥33.00 | x |
| 2022-12-31 | CN¥6.03 | CN¥33.00 | x |
| 2023-12-31 | CN¥6.16 | CN¥33.00 | x |
| 2024-12-31 | CN¥6.56 | CN¥33.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Crystal Optech 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): 11.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.40%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.29x
- Recent ROE (11.41%) is below the historical average (15.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 42.25% | 25.49% | 0.73x | 2.27x | CN¥8.95 Million |
| 2006 | 36.88% | 22.69% | 0.66x | 2.46x | CN¥14.82 Million |
| 2007 | 43.56% | 25.71% | 0.81x | 2.08x | CN¥33.40 Million |
| 2008 | 12.46% | 25.80% | 0.44x | 1.10x | CN¥9.39 Million |
| 2009 | 13.71% | 30.63% | 0.41x | 1.10x | CN¥15.59 Million |
| 2010 | 19.94% | 28.26% | 0.60x | 1.17x | CN¥46.74 Million |
| 2011 | 12.73% | 28.20% | 0.41x | 1.10x | CN¥26.22 Million |
| 2012 | 14.08% | 24.97% | 0.50x | 1.13x | CN¥42.87 Million |
| 2013 | 10.20% | 18.27% | 0.50x | 1.11x | CN¥2.22 Million |
| 2014 | 10.92% | 15.66% | 0.54x | 1.28x | CN¥12.94 Million |
| 2015 | 5.56% | 12.62% | 0.38x | 1.15x | CN¥-119.27 Million |
| 2016 | 8.75% | 15.10% | 0.49x | 1.17x | CN¥-36.08 Million |
| 2017 | 10.23% | 16.59% | 0.42x | 1.48x | CN¥8.05 Million |
| 2018 | 12.07% | 20.14% | 0.41x | 1.46x | CN¥80.42 Million |
| 2019 | 10.68% | 16.37% | 0.47x | 1.39x | CN¥31.29 Million |
| 2020 | 7.88% | 13.75% | 0.43x | 1.34x | CN¥-119.33 Million |
| 2021 | 5.49% | 11.61% | 0.39x | 1.22x | CN¥-363.96 Million |
| 2022 | 7.07% | 13.17% | 0.43x | 1.26x | CN¥-238.34 Million |
| 2023 | 6.98% | 11.82% | 0.45x | 1.31x | CN¥-260.05 Million |
| 2024 | 11.41% | 16.40% | 0.54x | 1.29x | CN¥126.90 Million |
Industry Comparison
This section compares Zhejiang Crystal Optech Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $11,609,504,595
- Average return on equity (ROE) among peers: 1.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Crystal Optech Co Ltd (002273) | CN¥9.94 Billion | 42.25% | 0.23x | $6.72 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $323.97 Million | 1.02% | 0.90x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $203.29 Million | 0.52% | 1.32x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $778.27 Million | -23.01% | 3.77x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $12.84 Billion | 1.60% | 0.64x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.08 Billion | 2.04% | 0.58x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $3.04 Billion | 0.36% | 4.90x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $76.96 Billion | 3.33% | 0.77x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $14.75 Billion | 6.58% | 0.22x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $1.45 Billion | 6.74% | 0.70x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $3.68 Billion | 10.94% | 0.52x | $4.88 Billion |
About Zhejiang Crystal Optech Co Ltd
Zhejiang Crystal-Optech Co., Ltd engages in the research, development, and sale of optical and optoelectronics products in China. The company offers micro light engine, reflective and diffractive optical waveguide, narrow bandpass filter, lens, micro prism assembly, ultra-low reflective black coating, rear camera cover glass, optical low pass filter, smartwatch cover, screen protector, and patter… Read more