Foshan Nationstar Optoelectronics Co Ltd

SHE:002449 China Electronic Components
Market Cap
$736.72 Million
CN¥5.41 Billion CNY
Market Cap Rank
#9683 Global
#2031 in China
Share Price
CN¥8.74
Change (1 day)
-3.43%
52-Week Range
CN¥7.71 - CN¥10.48
All Time High
CN¥16.25
About

Foshan NationStar Optoelectronics Co.,Ltd provides LED component products in the People's Republic of China and internationally. It offers LED chips, LED display components, photoelectron components, lighting components, LED modules, and semiconductor-related products. Foshan NationStar Optoelectronics Co.,Ltd was founded in 1981 and is based in Foshan, the People's Republic of China.

Foshan Nationstar Optoelectronics Co Ltd (002449) - Net Assets

Latest net assets as of September 2025: CN¥3.83 Billion CNY

Based on the latest financial reports, Foshan Nationstar Optoelectronics Co Ltd (002449) has net assets worth CN¥3.83 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¥6.14 Billion) and total liabilities (CN¥2.30 Billion). 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¥3.83 Billion
% of Total Assets 62.45%
Annual Growth Rate 17.56%
5-Year Change 7.63%
10-Year Change 29.84%
Growth Volatility 82.74

Foshan Nationstar Optoelectronics Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Foshan Nationstar Optoelectronics 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 Foshan Nationstar Optoelectronics Co Ltd (2007–2024)

The table below shows the annual net assets of Foshan Nationstar Optoelectronics Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.82 Billion +0.54%
2023-12-31 CN¥3.80 Billion +1.33%
2022-12-31 CN¥3.75 Billion +0.23%
2021-12-31 CN¥3.74 Billion +5.40%
2020-12-31 CN¥3.55 Billion -2.59%
2019-12-31 CN¥3.65 Billion +5.60%
2018-12-31 CN¥3.45 Billion +8.87%
2017-12-31 CN¥3.17 Billion +8.61%
2016-12-31 CN¥2.92 Billion -0.82%
2015-12-31 CN¥2.95 Billion +21.43%
2014-12-31 CN¥2.43 Billion +3.15%
2013-12-31 CN¥2.35 Billion +2.53%
2012-12-31 CN¥2.29 Billion -1.93%
2011-12-31 CN¥2.34 Billion +13.58%
2010-12-31 CN¥2.06 Billion +356.58%
2009-12-31 CN¥450.93 Million +28.22%
2008-12-31 CN¥351.67 Million +44.00%
2007-12-31 CN¥244.21 Million --

Equity Component Analysis

This analysis shows how different components contribute to Foshan Nationstar Optoelectronics 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 4336.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.42 Billion 37.13%
Common Stock CN¥618.48 Million 16.17%
Other Comprehensive Income CN¥345.66 Million 9.04%
Other Components CN¥1.44 Billion 37.65%
Total Equity CN¥3.82 Billion 100.00%

Foshan Nationstar Optoelectronics Co Ltd Competitors by Market Cap

The table below lists competitors of Foshan Nationstar Optoelectronics Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Foshan Nationstar Optoelectronics Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,803,493,247 to 3,823,949,444, a change of 20,456,197 (0.5%).
  • Net income of 51,530,077 contributed positively to equity growth.
  • Dividend payments of 52,759,533 reduced retained earnings.
  • Other comprehensive income increased equity by 15,809,657.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥51.53 Million +1.35%
Dividends Paid CN¥52.76 Million -1.38%
Other Comprehensive Income CN¥15.81 Million +0.41%
Other Changes CN¥5.88 Million +0.15%
Total Change CN¥- 0.54%

Book Value vs Market Value Analysis

This analysis compares Foshan Nationstar Optoelectronics 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: 1.41x
  • 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 15.53x to 1.41x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥0.56 CN¥8.74 x
2008-12-31 CN¥0.83 CN¥8.74 x
2009-12-31 CN¥1.06 CN¥8.74 x
2010-12-31 CN¥4.31 CN¥8.74 x
2011-12-31 CN¥3.79 CN¥8.74 x
2012-12-31 CN¥3.76 CN¥8.74 x
2013-12-31 CN¥3.88 CN¥8.74 x
2014-12-31 CN¥4.06 CN¥8.74 x
2015-12-31 CN¥4.70 CN¥8.74 x
2016-12-31 CN¥4.68 CN¥8.74 x
2017-12-31 CN¥5.11 CN¥8.74 x
2018-12-31 CN¥5.58 CN¥8.74 x
2019-12-31 CN¥5.92 CN¥8.74 x
2020-12-31 CN¥5.79 CN¥8.74 x
2021-12-31 CN¥6.06 CN¥8.74 x
2022-12-31 CN¥6.07 CN¥8.74 x
2023-12-31 CN¥6.15 CN¥8.74 x
2024-12-31 CN¥6.18 CN¥8.74 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Foshan Nationstar Optoelectronics 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): 1.35%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.48%
  • • Asset Turnover: 0.56x
  • • Equity Multiplier: 1.63x
  • Recent ROE (1.35%) is below the historical average (9.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 26.65% 14.10% 0.85x 2.22x CN¥39.11 Million
2008 31.22% 18.80% 0.96x 1.74x CN¥72.43 Million
2009 26.09% 18.30% 0.91x 1.56x CN¥70.86 Million
2010 7.19% 16.80% 0.38x 1.12x CN¥-57.53 Million
2011 5.70% 11.20% 0.40x 1.27x CN¥-91.08 Million
2012 1.87% 4.15% 0.30x 1.50x CN¥-170.53 Million
2013 5.21% 9.89% 0.34x 1.57x CN¥-103.88 Million
2014 6.38% 9.38% 0.42x 1.62x CN¥-82.17 Million
2015 5.79% 8.72% 0.42x 1.59x CN¥-116.44 Million
2016 6.64% 7.95% 0.43x 1.96x CN¥-97.13 Million
2017 11.37% 10.34% 0.55x 1.99x CN¥43.28 Million
2018 12.91% 12.28% 0.59x 1.77x CN¥100.35 Million
2019 11.14% 10.02% 0.61x 1.81x CN¥41.87 Million
2020 2.83% 3.10% 0.57x 1.60x CN¥-256.80 Million
2021 6.26% 6.16% 0.61x 1.68x CN¥-140.16 Million
2022 3.23% 3.39% 0.54x 1.75x CN¥-254.01 Million
2023 2.25% 2.42% 0.54x 1.72x CN¥-294.71 Million
2024 1.35% 1.48% 0.56x 1.63x CN¥-330.86 Million

Industry Comparison

This section compares Foshan Nationstar Optoelectronics Co Ltd's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $2,729,724,236
  • Average return on equity (ROE) among peers: 9.55%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Foshan Nationstar Optoelectronics Co Ltd (002449) CN¥3.83 Billion 26.65% 0.60x $561.02 Million
Shenzhen Zhongheng Huafa Co Ltd Class A (000020) $232.24 Million -19.09% 0.85x $268.56 Million
Shenzhen Desay Battery Technology Co Ltd (000049) $2.26 Billion 17.72% 2.90x $768.09 Million
CPT Technology Group Co Ltd (000536) $-18.89 Million 0.00% 0.00x $1.06 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) $12.01 Billion 2.72% 0.32x $2.22 Billion
Xiamen Xindeco Ltd (000701) $796.35 Million 5.67% 2.04x $315.64 Million
BOE Technology Group Co Ltd (000725) $5.52 Billion 12.51% 1.42x $20.18 Billion
China Zhenhua Group Science & Technology Co Ltd (000733) $5.38 Billion 5.53% 0.63x $2.54 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) $451.00 Million 7.52% 0.67x $1.39 Billion
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) $389.14 Million 20.02% 1.72x $174.91 Million
Shanghai Smart Control Co. Ltd. (001266) $268.16 Million 42.89% 0.50x $149.46 Million