Foshan Nationstar Optoelectronics Co Ltd (002449) - Net Assets
Based on the latest financial reports, Foshan Nationstar Optoelectronics Co Ltd (002449) has net assets worth CN¥3.83 Billion CNY (≈ $560.75 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¥6.14 Billion ≈ $897.92 Million USD) and total liabilities (CN¥2.30 Billion ≈ $337.17 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 financial resilience of Foshan Nationstar Optoelectronics Co Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore 002449 current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Foshan Nationstar Optoelectronics Co Ltd (002449) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.82 Billion ≈ $559.60 Million |
+0.54% |
| 2023-12-31 | CN¥3.80 Billion ≈ $556.56 Million |
+1.33% |
| 2022-12-31 | CN¥3.75 Billion ≈ $549.26 Million |
+0.23% |
| 2021-12-31 | CN¥3.74 Billion ≈ $547.99 Million |
+5.40% |
| 2020-12-31 | CN¥3.55 Billion ≈ $519.93 Million |
-2.59% |
| 2019-12-31 | CN¥3.65 Billion ≈ $533.75 Million |
+5.60% |
| 2018-12-31 | CN¥3.45 Billion ≈ $505.46 Million |
+8.87% |
| 2017-12-31 | CN¥3.17 Billion ≈ $464.26 Million |
+8.61% |
| 2016-12-31 | CN¥2.92 Billion ≈ $427.45 Million |
-0.82% |
| 2015-12-31 | CN¥2.95 Billion ≈ $430.97 Million |
+21.43% |
| 2014-12-31 | CN¥2.43 Billion ≈ $354.91 Million |
+3.15% |
| 2013-12-31 | CN¥2.35 Billion ≈ $344.08 Million |
+2.53% |
| 2012-12-31 | CN¥2.29 Billion ≈ $335.59 Million |
-1.93% |
| 2011-12-31 | CN¥2.34 Billion ≈ $342.18 Million |
+13.58% |
| 2010-12-31 | CN¥2.06 Billion ≈ $301.27 Million |
+356.58% |
| 2009-12-31 | CN¥450.93 Million ≈ $65.98 Million |
+28.22% |
| 2008-12-31 | CN¥351.67 Million ≈ $51.46 Million |
+44.00% |
| 2007-12-31 | CN¥244.21 Million ≈ $35.74 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.
| Company | Market Cap |
|---|---|
|
Brookfield Real Assets Income
NYSE:RA
|
$717.76 Million |
|
Shenzhen Etmade Automatic Equipment
SHE:300812
|
$717.83 Million |
|
Ningbo Sinyuan ZM Technology Co. Ltd. A
SHE:301398
|
$717.84 Million |
|
Empreendimentos Pague Menos S.A
SA:PGMN3
|
$717.87 Million |
|
Tilray Inc
NASDAQ:TLRY
|
$717.68 Million |
|
Dodla Dairy Limited
NSE:DODLA
|
$717.60 Million |
|
Seneca Foods Corp A
NASDAQ:SENEA
|
$717.15 Million |
|
Yabao Pharmaceutical Group Co Ltd
SHG:600351
|
$716.93 Million |
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: 1.28x
- 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 14.09x to 1.28x 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¥7.93 | x |
| 2008-12-31 | CN¥0.83 | CN¥7.93 | x |
| 2009-12-31 | CN¥1.06 | CN¥7.93 | x |
| 2010-12-31 | CN¥4.31 | CN¥7.93 | x |
| 2011-12-31 | CN¥3.79 | CN¥7.93 | x |
| 2012-12-31 | CN¥3.76 | CN¥7.93 | x |
| 2013-12-31 | CN¥3.88 | CN¥7.93 | x |
| 2014-12-31 | CN¥4.06 | CN¥7.93 | x |
| 2015-12-31 | CN¥4.70 | CN¥7.93 | x |
| 2016-12-31 | CN¥4.68 | CN¥7.93 | x |
| 2017-12-31 | CN¥5.11 | CN¥7.93 | x |
| 2018-12-31 | CN¥5.58 | CN¥7.93 | x |
| 2019-12-31 | CN¥5.92 | CN¥7.93 | x |
| 2020-12-31 | CN¥5.79 | CN¥7.93 | x |
| 2021-12-31 | CN¥6.06 | CN¥7.93 | x |
| 2022-12-31 | CN¥6.07 | CN¥7.93 | x |
| 2023-12-31 | CN¥6.15 | CN¥7.93 | x |
| 2024-12-31 | CN¥6.18 | CN¥7.93 | 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: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Foshan Nationstar Optoelectronics Co Ltd (002449) | CN¥3.83 Billion | 26.65% | 0.60x | $717.69 Million |
| 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 Foshan Nationstar Optoelectronics Co Ltd
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.