Visionox Technology Inc (002387) - Net Assets
Based on the latest financial reports, Visionox Technology Inc (002387) has net assets worth CN¥6.49 Billion CNY (≈ $948.98 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥38.08 Billion ≈ $5.57 Billion USD) and total liabilities (CN¥31.60 Billion ≈ $4.62 Billion 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 002387 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.49 Billion |
| % of Total Assets | 17.03% |
| Annual Growth Rate | 26.32% |
| 5-Year Change | -60.26% |
| 10-Year Change | 964.74% |
| Growth Volatility | 549.0 |
Visionox Technology Inc - Net Assets Trend (2006–2024)
This chart illustrates how Visionox Technology Inc's net assets have evolved over time, based on quarterly financial data. Also explore 002387 asset base for the complete picture of this company's asset base.
Annual Net Assets for Visionox Technology Inc (2006–2024)
The table below shows the annual net assets of Visionox Technology Inc from 2006 to 2024. For live valuation and market cap data, see 002387 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.74 Billion ≈ $1.13 Billion |
-28.42% |
| 2023-12-31 | CN¥10.82 Billion ≈ $1.58 Billion |
-28.83% |
| 2022-12-31 | CN¥15.20 Billion ≈ $2.22 Billion |
-13.43% |
| 2021-12-31 | CN¥17.56 Billion ≈ $2.57 Billion |
-9.88% |
| 2020-12-31 | CN¥19.48 Billion ≈ $2.85 Billion |
+1.41% |
| 2019-12-31 | CN¥19.21 Billion ≈ $2.81 Billion |
+0.33% |
| 2018-12-31 | CN¥19.15 Billion ≈ $2.80 Billion |
+2390.88% |
| 2017-12-31 | CN¥768.77 Million ≈ $112.50 Million |
+2.03% |
| 2016-12-31 | CN¥753.44 Million ≈ $110.25 Million |
+3.60% |
| 2015-12-31 | CN¥727.26 Million ≈ $106.42 Million |
-46.99% |
| 2014-12-31 | CN¥1.37 Billion ≈ $200.76 Million |
+0.67% |
| 2013-12-31 | CN¥1.36 Billion ≈ $199.42 Million |
-0.03% |
| 2012-12-31 | CN¥1.36 Billion ≈ $199.48 Million |
+3.62% |
| 2011-12-31 | CN¥1.32 Billion ≈ $192.51 Million |
+7.30% |
| 2010-12-31 | CN¥1.23 Billion ≈ $179.42 Million |
+335.42% |
| 2009-12-31 | CN¥281.60 Million ≈ $41.21 Million |
+31.38% |
| 2008-12-31 | CN¥214.34 Million ≈ $31.36 Million |
+35.65% |
| 2007-12-31 | CN¥158.00 Million ≈ $23.12 Million |
+36.92% |
| 2006-12-31 | CN¥115.40 Million ≈ $16.89 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Visionox Technology Inc'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 39430.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.40 Billion | 25.17% |
| Other Comprehensive Income | CN¥-184.91K | 0.00% |
| Other Components | CN¥13.93 Billion | 251.02% |
| Total Equity | CN¥5.55 Billion | 100.00% |
Visionox Technology Inc Competitors by Market Cap
The table below lists competitors of Visionox Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cofco Biochemical Anhui Co Ltd
SHE:000930
|
$1.65 Billion |
|
Kraken Robotics Inc
V:PNG
|
$1.65 Billion |
|
Sichuan Furong Technology Co Ltd
SHG:603327
|
$1.65 Billion |
|
Global Partners LP
NYSE:GLP
|
$1.65 Billion |
|
Mister Car Wash, Inc. Common Stock
NYSE:MCW
|
$1.65 Billion |
|
Celltrion Pharm Inc
KQ:068760
|
$1.65 Billion |
|
Collective Mining Ltd
TO:CNL
|
$1.65 Billion |
|
China Security & Fire Co Ltd Class A
SHG:600654
|
$1.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Visionox Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,137,800,000 to 5,549,372,000, a change of -2,588,428,000 (-31.8%).
- Net loss of 2,505,335,259 reduced equity.
- Dividend payments of 930,298,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,194,906.
- Other factors increased equity by 848,400,165.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-2.51 Billion | -45.15% |
| Dividends Paid | CN¥930.30 Million | -16.76% |
| Other Comprehensive Income | CN¥-1.19 Million | -0.02% |
| Other Changes | CN¥848.40 Million | +15.29% |
| Total Change | CN¥- | -31.81% |
Book Value vs Market Value Analysis
This analysis compares Visionox Technology Inc'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: 2.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 26.17x to 2.02x 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¥0.31 | CN¥8.08 | x |
| 2007-12-31 | CN¥0.45 | CN¥8.08 | x |
| 2008-12-31 | CN¥0.61 | CN¥8.08 | x |
| 2009-12-31 | CN¥0.80 | CN¥8.08 | x |
| 2010-12-31 | CN¥2.87 | CN¥8.08 | x |
| 2011-12-31 | CN¥2.81 | CN¥8.08 | x |
| 2012-12-31 | CN¥2.96 | CN¥8.08 | x |
| 2013-12-31 | CN¥3.12 | CN¥8.08 | x |
| 2014-12-31 | CN¥2.93 | CN¥8.08 | x |
| 2015-12-31 | CN¥1.55 | CN¥8.08 | x |
| 2016-12-31 | CN¥1.61 | CN¥8.08 | x |
| 2017-12-31 | CN¥1.64 | CN¥8.08 | x |
| 2018-12-31 | CN¥12.22 | CN¥8.08 | x |
| 2019-12-31 | CN¥10.95 | CN¥8.08 | x |
| 2020-12-31 | CN¥11.11 | CN¥8.08 | x |
| 2021-12-31 | CN¥9.94 | CN¥8.08 | x |
| 2022-12-31 | CN¥8.56 | CN¥8.08 | x |
| 2023-12-31 | CN¥5.93 | CN¥8.08 | x |
| 2024-12-31 | CN¥4.00 | CN¥8.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Visionox Technology Inc 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): -45.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -31.60%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 6.86x
- Recent ROE (-45.15%) is below the historical average (-5.03%), 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 | 11.07% | 8.30% | 0.60x | 2.22x | CN¥1.15 Million |
| 2007 | 23.35% | 10.78% | 0.97x | 2.24x | CN¥21.10 Million |
| 2008 | 26.28% | 11.22% | 1.07x | 2.18x | CN¥34.90 Million |
| 2009 | 23.88% | 11.47% | 1.04x | 2.00x | CN¥39.10 Million |
| 2010 | 6.61% | 12.67% | 0.47x | 1.11x | CN¥-41.60 Million |
| 2011 | 7.82% | 12.07% | 0.59x | 1.10x | CN¥-28.74 Million |
| 2012 | 4.05% | 7.25% | 0.48x | 1.16x | CN¥-81.05 Million |
| 2013 | 1.07% | 2.09% | 0.39x | 1.32x | CN¥-121.71 Million |
| 2014 | 0.90% | 2.11% | 0.27x | 1.59x | CN¥-124.91 Million |
| 2015 | -88.22% | -149.03% | 0.35x | 1.69x | CN¥-714.31 Million |
| 2016 | 3.48% | 16.45% | 0.12x | 1.80x | CN¥-49.16 Million |
| 2017 | 1.99% | 48.32% | 0.00x | 11.96x | CN¥-61.55 Million |
| 2018 | 0.23% | 1.95% | 0.05x | 2.47x | CN¥-1.46 Billion |
| 2019 | 0.43% | 2.38% | 0.07x | 2.48x | CN¥-1.43 Billion |
| 2020 | 1.34% | 5.93% | 0.09x | 2.54x | CN¥-1.32 Billion |
| 2021 | -11.18% | -24.47% | 0.16x | 2.84x | CN¥-2.88 Billion |
| 2022 | -17.65% | -27.64% | 0.19x | 3.42x | CN¥-3.24 Billion |
| 2023 | -45.79% | -62.88% | 0.15x | 4.80x | CN¥-4.54 Billion |
| 2024 | -45.15% | -31.60% | 0.21x | 6.86x | CN¥-3.06 Billion |
Industry Comparison
This section compares Visionox Technology Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Visionox Technology Inc (002387) | CN¥6.49 Billion | 11.07% | 4.87x | $1.65 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Visionox Technology Inc
Visionox Technology Inc. researches, develops, manufactures, markets, and sells organic light-emitting display products worldwide. The company also offers micro-LED display screens; provides technical consultation and services of display and module products; and imports and exports goods and technology. Its products are used in smartphones, smart wearables, tablets, laptops, car displays, as well… Read more