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¥10.53 Billion CNY (≈ $1.54 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¥13.97 Billion ≈ $2.04 Billion USD) and total liabilities (CN¥3.44 Billion ≈ $503.21 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 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.53 Billion |
| % of Total Assets | 75.39% |
| Annual Growth Rate | 34.31% |
| 5-Year Change | 20.5% |
| 10-Year Change | 245.1% |
| Growth Volatility | 64.25 |
Zhejiang Crystal Optech Co Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Zhejiang Crystal Optech Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002273 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Crystal Optech Co Ltd (2005–2025)
The table below shows the annual net assets of Zhejiang Crystal Optech Co Ltd from 2005 to 2025. For live valuation and market cap data, see Zhejiang Crystal Optech Co Ltd (002273) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥10.12 Billion ≈ $1.48 Billion |
+7.84% |
| 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 28142.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.79 Billion | 38.81% |
| Other Components | CN¥5.98 Billion | 61.19% |
| Total Equity | CN¥9.77 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 |
|---|---|
|
The Swatch Group AG
F:UHRA
|
$7.31 Billion |
|
Applied Digital Corporation
NASDAQ:APLD
|
$7.31 Billion |
|
BARRY CALLEBA. ADR 1/100
F:BCLM
|
$7.31 Billion |
|
Next Vision Stabilized Systems
TA:NXSN
|
$7.31 Billion |
|
National Fuel Gas Company
NYSE:NFG
|
$7.30 Billion |
|
National Aluminium Company Limited
NSE:NATIONALUM
|
$7.28 Billion |
|
Zhuzhou CRRC Times Electric Co Ltd
SHG:688187
|
$7.26 Billion |
|
ASHTEAD UNSP.ADR/4 LS-10
F:0LCA
|
$7.26 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 2024 to 2025, total equity changed from 9,029,468,319 to 9,771,530,100, a change of 742,061,781 (8.2%).
- Net income of 1,172,419,600 contributed positively to equity growth.
- Dividend payments of 415,424,450 reduced retained earnings.
- Other comprehensive income decreased equity by 487,896,262.
- Other factors increased equity by 472,962,892.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.17 Billion | +12.0% |
| Dividends Paid | CN¥415.42 Million | -4.25% |
| Other Comprehensive Income | CN¥-487.90 Million | -4.99% |
| Other Changes | CN¥472.96 Million | +4.84% |
| Total Change | CN¥- | 8.22% |
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: 5.10x
- 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 824.17x to 5.10x 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¥35.87 | x |
| 2006-12-31 | CN¥0.09 | CN¥35.87 | x |
| 2007-12-31 | CN¥0.16 | CN¥35.87 | x |
| 2008-12-31 | CN¥0.71 | CN¥35.87 | x |
| 2009-12-31 | CN¥0.49 | CN¥35.87 | x |
| 2010-12-31 | CN¥0.55 | CN¥35.87 | x |
| 2011-12-31 | CN¥1.09 | CN¥35.87 | x |
| 2012-12-31 | CN¥1.12 | CN¥35.87 | x |
| 2013-12-31 | CN¥1.16 | CN¥35.87 | x |
| 2014-12-31 | CN¥1.44 | CN¥35.87 | x |
| 2015-12-31 | CN¥2.56 | CN¥35.87 | x |
| 2016-12-31 | CN¥2.64 | CN¥35.87 | x |
| 2017-12-31 | CN¥3.08 | CN¥35.87 | x |
| 2018-12-31 | CN¥3.48 | CN¥35.87 | x |
| 2019-12-31 | CN¥4.12 | CN¥35.87 | x |
| 2020-12-31 | CN¥4.70 | CN¥35.87 | x |
| 2021-12-31 | CN¥6.20 | CN¥35.87 | x |
| 2022-12-31 | CN¥6.03 | CN¥35.87 | x |
| 2023-12-31 | CN¥6.16 | CN¥35.87 | x |
| 2024-12-31 | CN¥6.56 | CN¥35.87 | x |
| 2025-12-31 | CN¥7.03 | CN¥35.87 | 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): 12.00%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.92%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.30x
- Recent ROE (12.00%) is below the historical average (14.99%), 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¥-238.37 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 |
| 2025 | 12.00% | 16.92% | 0.54x | 1.30x | CN¥195.27 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: $19,619,892,633
- Average return on equity (ROE) among peers: 2.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Crystal Optech Co Ltd (002273) | CN¥10.53 Billion | 42.25% | 0.33x | $7.30 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $223.84 Million | -8.74% | 0.68x | $323.42 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $227.18 Million | -2.19% | 0.96x | $1.38 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $233.01 Million | 1.36% | 0.83x | $503.79 Million |
| CPT Technology Group Co Ltd (000536) | $5.36 Billion | -4.18% | 1.15x | $1.47 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.13 Billion | 0.58% | 0.58x | $11.95 Billion |
| Xiamen Xindeco Ltd (000701) | $3.61 Billion | -16.51% | 3.44x | $492.48 Million |
| BOE Technology Group Co Ltd (000725) | $173.40 Billion | 2.90% | 1.45x | $32.45 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $145.67 Million | 37.57% | 2.33x | $4.57 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.84 Billion | 6.54% | 0.15x | $2.63 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $6.03 Billion | 8.11% | 0.53x | $4.21 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 filters, lens, micro prism assembly, patterned wafers, infrared cut filter and assemblies, diffractive optical elements, reflective black coating, optical low pass filt… Read more