Changchun UP Optotech Co Ltd (002338) - Net Assets
Based on the latest financial reports, Changchun UP Optotech Co Ltd (002338) has net assets worth CN¥1.71 Billion CNY (≈ $250.33 Million 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¥2.50 Billion ≈ $366.13 Million USD) and total liabilities (CN¥791.39 Million ≈ $115.81 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 002338 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Changchun UP Optotech Co Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Changchun UP Optotech Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.65 Billion ≈ $241.61 Million |
+12.67% |
| 2023-12-31 | CN¥1.47 Billion ≈ $214.44 Million |
+8.89% |
| 2022-12-31 | CN¥1.35 Billion ≈ $196.93 Million |
+28.17% |
| 2021-12-31 | CN¥1.05 Billion ≈ $153.64 Million |
+8.04% |
| 2020-12-31 | CN¥971.85 Million ≈ $142.21 Million |
+5.26% |
| 2019-12-31 | CN¥923.31 Million ≈ $135.11 Million |
+3.71% |
| 2018-12-31 | CN¥890.24 Million ≈ $130.27 Million |
+3.93% |
| 2017-12-31 | CN¥856.61 Million ≈ $125.35 Million |
-0.07% |
| 2016-12-31 | CN¥857.21 Million ≈ $125.44 Million |
+2.04% |
| 2015-12-31 | CN¥840.05 Million ≈ $122.93 Million |
+1.89% |
| 2014-12-31 | CN¥824.44 Million ≈ $120.64 Million |
+4.70% |
| 2013-12-31 | CN¥787.42 Million ≈ $115.23 Million |
+15.95% |
| 2012-12-31 | CN¥679.09 Million ≈ $99.37 Million |
+6.70% |
| 2011-12-31 | CN¥636.42 Million ≈ $93.13 Million |
+3.25% |
| 2010-12-31 | CN¥616.40 Million ≈ $90.20 Million |
+222.22% |
| 2009-12-31 | CN¥191.30 Million ≈ $27.99 Million |
+26.59% |
| 2008-12-31 | CN¥151.12 Million ≈ $22.11 Million |
+30.50% |
| 2007-12-31 | CN¥115.80 Million ≈ $16.95 Million |
+10.72% |
| 2006-12-31 | CN¥104.59 Million ≈ $15.30 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 |
|---|---|
|
CENTRAL PUERTO ADR/1 AP1
F:C3TA
|
$2.14 Billion |
|
China Merchants Securities Co. Ltd
F:195H
|
$2.15 Billion |
|
Mtar Technologies Limited
NSE:MTARTECH
|
$2.15 Billion |
|
Triumph Science & Technology Co Ltd
SHG:600552
|
$2.15 Billion |
|
Sinbon Electronics Co Ltd
TW:3023
|
$2.14 Billion |
|
Aker Solutions ASA
OL:AKSO
|
$2.14 Billion |
|
CARL ZEISS MEDITEC ADR 1
F:AFXA
|
$2.14 Billion |
|
NV Bekaert SA
BR:BEKB
|
$2.14 Billion |
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: 10.92x
- 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 106.66x to 10.92x 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¥61.06 | x |
| 2007-12-31 | CN¥0.64 | CN¥61.06 | x |
| 2008-12-31 | CN¥0.84 | CN¥61.06 | x |
| 2009-12-31 | CN¥1.07 | CN¥61.06 | x |
| 2010-12-31 | CN¥2.61 | CN¥61.06 | x |
| 2011-12-31 | CN¥3.94 | CN¥61.06 | x |
| 2012-12-31 | CN¥2.67 | CN¥61.06 | x |
| 2013-12-31 | CN¥2.84 | CN¥61.06 | x |
| 2014-12-31 | CN¥2.97 | CN¥61.06 | x |
| 2015-12-31 | CN¥2.99 | CN¥61.06 | x |
| 2016-12-31 | CN¥3.18 | CN¥61.06 | x |
| 2017-12-31 | CN¥3.26 | CN¥61.06 | x |
| 2018-12-31 | CN¥3.40 | CN¥61.06 | x |
| 2019-12-31 | CN¥3.53 | CN¥61.06 | x |
| 2020-12-31 | CN¥3.62 | CN¥61.06 | x |
| 2021-12-31 | CN¥3.83 | CN¥61.06 | x |
| 2022-12-31 | CN¥4.74 | CN¥61.06 | x |
| 2023-12-31 | CN¥5.12 | CN¥61.06 | x |
| 2024-12-31 | CN¥5.59 | CN¥61.06 | 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: $868,276,517
- Average return on equity (ROE) among peers: 5.34%
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 | $2.14 Billion |
| Beijing BDStar Navigation Co Ltd (002151) | $688.09 Million | 6.00% | 0.34x | $3.25 Billion |
| Oriental Times Media Corp (002175) | $75.19 Million | 20.40% | 0.95x | $513.79 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $1.22 Billion |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $285.64 Million | 28.39% | 0.38x | $1.01 Billion |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $351.64 Million | 18.36% | 1.54x | $2.54 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $4.35 Billion | 22.99% | 0.47x | $9.27 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $148.43 Million | 21.43% | 0.59x | $809.74 Million |
| Beijing SDL Technology Co Ltd (002658) | $1.07 Billion | 9.35% | 0.09x | $791.70 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $644.19 Million | -104.04% | 1.14x | $592.94 Million |
About 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