Changchun UP Optotech Co Ltd
Changchun UP Optotech Co.,Ltd. engages in the research, development, production, and sale of photoelectric measurement and control equipment products in China. It also offers optomechanical instruments, optomechanical integrated equipment, optical materials, optical components, medical equipment, disinfection equipment, grating encoders products, composite material products, and disinfectants. It… Read more
Changchun UP Optotech Co Ltd (002338) - Net Assets
Latest net assets as of September 2025: CN¥1.71 Billion CNY
Based on the latest financial reports, Changchun UP Optotech Co Ltd (002338) has net assets worth CN¥1.71 Billion 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¥2.50 Billion) and total liabilities (CN¥791.39 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¥1.71 Billion |
| % of Total Assets | 68.37% |
| Annual Growth Rate | 16.56% |
| 5-Year Change | 69.89% |
| 10-Year Change | 96.54% |
| Growth Volatility | 49.41 |
Changchun UP Optotech Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Changchun UP Optotech Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Changchun UP Optotech Co Ltd (2006–2024)
The table below shows the annual net assets of Changchun UP Optotech Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.65 Billion | +12.67% |
| 2023-12-31 | CN¥1.47 Billion | +8.89% |
| 2022-12-31 | CN¥1.35 Billion | +28.17% |
| 2021-12-31 | CN¥1.05 Billion | +8.04% |
| 2020-12-31 | CN¥971.85 Million | +5.26% |
| 2019-12-31 | CN¥923.31 Million | +3.71% |
| 2018-12-31 | CN¥890.24 Million | +3.93% |
| 2017-12-31 | CN¥856.61 Million | -0.07% |
| 2016-12-31 | CN¥857.21 Million | +2.04% |
| 2015-12-31 | CN¥840.05 Million | +1.89% |
| 2014-12-31 | CN¥824.44 Million | +4.70% |
| 2013-12-31 | CN¥787.42 Million | +15.95% |
| 2012-12-31 | CN¥679.09 Million | +6.70% |
| 2011-12-31 | CN¥636.42 Million | +3.25% |
| 2010-12-31 | CN¥616.40 Million | +222.22% |
| 2009-12-31 | CN¥191.30 Million | +26.59% |
| 2008-12-31 | CN¥151.12 Million | +30.50% |
| 2007-12-31 | CN¥115.80 Million | +10.72% |
| 2006-12-31 | CN¥104.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Changchun UP Optotech 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 2708.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥529.39 Million | 39.92% |
| Common Stock | CN¥240.00 Million | 18.10% |
| Other Comprehensive Income | CN¥312.64 Million | 23.57% |
| Other Components | CN¥244.15 Million | 18.41% |
| Total Equity | CN¥1.33 Billion | 100.00% |
Changchun UP Optotech Co Ltd Competitors by Market Cap
The table below lists competitors of Changchun UP Optotech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank of Qingdao Co. Ltd
F:4BQ
|
$867.69 Million |
|
Via Transportation, Inc.
NASDAQ:VIA
|
$868.44 Million |
|
MasterBrand Inc.
NYSE:MBC
|
$868.53 Million |
|
Canadian Solar Inc
NASDAQ:CSIQ
|
$868.69 Million |
|
Csg Smart Science&Technology Co Ltd
SHE:300222
|
$867.31 Million |
|
Snowsky Salt Industry Group Co Ltd
SHG:600929
|
$866.91 Million |
|
Shanghai Longcheer Technology Co., Ltd.
SHG:603341
|
$866.55 Million |
|
Namsun Aluminium Co Ltd
KO:008355
|
$866.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changchun UP Optotech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,232,488,000 to 1,326,176,000, a change of 93,688,000 (7.6%).
- Net income of 66,420,300 contributed positively to equity growth.
- Dividend payments of 16,097,000 reduced retained earnings.
- Other comprehensive income increased equity by 39,035,562.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥66.42 Million | +5.01% |
| Dividends Paid | CN¥16.10 Million | -1.21% |
| Other Comprehensive Income | CN¥39.04 Million | +2.94% |
| Other Changes | CN¥4.33 Million | +0.33% |
| Total Change | CN¥- | 7.60% |
Book Value vs Market Value Analysis
This analysis compares Changchun UP Optotech 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: 8.99x
- 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 87.83x to 8.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.57 | CN¥50.28 | x |
| 2007-12-31 | CN¥0.64 | CN¥50.28 | x |
| 2008-12-31 | CN¥0.84 | CN¥50.28 | x |
| 2009-12-31 | CN¥1.07 | CN¥50.28 | x |
| 2010-12-31 | CN¥2.61 | CN¥50.28 | x |
| 2011-12-31 | CN¥3.94 | CN¥50.28 | x |
| 2012-12-31 | CN¥2.67 | CN¥50.28 | x |
| 2013-12-31 | CN¥2.84 | CN¥50.28 | x |
| 2014-12-31 | CN¥2.97 | CN¥50.28 | x |
| 2015-12-31 | CN¥2.99 | CN¥50.28 | x |
| 2016-12-31 | CN¥3.18 | CN¥50.28 | x |
| 2017-12-31 | CN¥3.26 | CN¥50.28 | x |
| 2018-12-31 | CN¥3.40 | CN¥50.28 | x |
| 2019-12-31 | CN¥3.53 | CN¥50.28 | x |
| 2020-12-31 | CN¥3.62 | CN¥50.28 | x |
| 2021-12-31 | CN¥3.83 | CN¥50.28 | x |
| 2022-12-31 | CN¥4.74 | CN¥50.28 | x |
| 2023-12-31 | CN¥5.12 | CN¥50.28 | x |
| 2024-12-31 | CN¥5.59 | CN¥50.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changchun UP Optotech 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): 5.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.91%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.71x
- Recent ROE (5.01%) is below the historical average (10.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 20.96% | 18.40% | 0.47x | 2.42x | CN¥11.42 Million |
| 2007 | 25.37% | 18.50% | 0.75x | 1.82x | CN¥17.75 Million |
| 2008 | 23.37% | 20.69% | 0.72x | 1.57x | CN¥20.16 Million |
| 2009 | 21.20% | 22.34% | 0.56x | 1.69x | CN¥21.43 Million |
| 2010 | 7.79% | 23.91% | 0.27x | 1.19x | CN¥-13.64 Million |
| 2011 | 8.50% | 23.85% | 0.29x | 1.23x | CN¥-9.42 Million |
| 2012 | 8.80% | 21.36% | 0.32x | 1.27x | CN¥-7.69 Million |
| 2013 | 11.09% | 25.61% | 0.31x | 1.39x | CN¥7.43 Million |
| 2014 | 8.26% | 15.11% | 0.40x | 1.36x | CN¥-12.37 Million |
| 2015 | 6.03% | 12.68% | 0.35x | 1.36x | CN¥-28.78 Million |
| 2016 | 6.91% | 15.39% | 0.35x | 1.28x | CN¥-23.51 Million |
| 2017 | 4.91% | 10.44% | 0.38x | 1.23x | CN¥-39.85 Million |
| 2018 | 5.00% | 10.60% | 0.39x | 1.21x | CN¥-40.88 Million |
| 2019 | 5.70% | 12.00% | 0.39x | 1.23x | CN¥-36.40 Million |
| 2020 | 5.53% | 11.13% | 0.41x | 1.22x | CN¥-39.70 Million |
| 2021 | 4.96% | 8.53% | 0.46x | 1.27x | CN¥-47.48 Million |
| 2022 | 7.20% | 13.04% | 0.32x | 1.70x | CN¥-31.87 Million |
| 2023 | 7.03% | 11.20% | 0.36x | 1.77x | CN¥-36.61 Million |
| 2024 | 5.01% | 8.91% | 0.33x | 1.71x | CN¥-66.20 Million |
Industry Comparison
This section compares Changchun UP Optotech Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $2,069,427,412
- Average return on equity (ROE) among peers: 9.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changchun UP Optotech Co Ltd (002338) | CN¥1.71 Billion | 20.96% | 0.46x | $867.41 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $4.48 Billion | 1.15% | 0.26x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $578.16 Million | 7.60% | 0.24x | $500.93 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $156.57 Million | 19.34% | 3.25x | $2.17 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $2.87 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.27 Billion | 9.21% | 0.16x | $381.03 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.23 Billion | 6.74% | 0.45x | $332.56 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $806.87 Million | 7.44% | 0.44x | $390.32 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $774.88 Million | 3.00% | 0.32x | $181.69 Million |