Shenzhen O-Film Tech Co Ltd (002456) - Net Assets
Based on the latest financial reports, Shenzhen O-Film Tech Co Ltd (002456) has net assets worth CN¥4.85 Billion CNY (≈ $709.92 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¥21.91 Billion ≈ $3.21 Billion USD) and total liabilities (CN¥17.06 Billion ≈ $2.50 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 Shenzhen O-Film Tech Co Ltd (002456) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.85 Billion |
| % of Total Assets | 22.14% |
| Annual Growth Rate | 21.83% |
| 5-Year Change | -49.84% |
| 10-Year Change | -25.27% |
| Growth Volatility | 77.34 |
Shenzhen O-Film Tech Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Shenzhen O-Film Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Shenzhen O-Film Tech Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen O-Film Tech Co Ltd (2007–2024)
The table below shows the annual net assets of Shenzhen O-Film Tech Co Ltd from 2007 to 2024. For live valuation and market cap data, see market value of Shenzhen O-Film Tech Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.51 Billion ≈ $660.47 Million |
+7.87% |
| 2023-12-31 | CN¥4.18 Billion ≈ $612.27 Million |
+5.22% |
| 2022-12-31 | CN¥3.98 Billion ≈ $581.89 Million |
-58.95% |
| 2021-12-31 | CN¥9.69 Billion ≈ $1.42 Billion |
+7.65% |
| 2020-12-31 | CN¥9.00 Billion ≈ $1.32 Billion |
-18.04% |
| 2019-12-31 | CN¥10.98 Billion ≈ $1.61 Billion |
+26.16% |
| 2018-12-31 | CN¥8.70 Billion ≈ $1.27 Billion |
-5.30% |
| 2017-12-31 | CN¥9.19 Billion ≈ $1.34 Billion |
+14.28% |
| 2016-12-31 | CN¥8.04 Billion ≈ $1.18 Billion |
+33.13% |
| 2015-12-31 | CN¥6.04 Billion ≈ $883.82 Million |
+3.78% |
| 2014-12-31 | CN¥5.82 Billion ≈ $851.60 Million |
+78.16% |
| 2013-12-31 | CN¥3.27 Billion ≈ $478.01 Million |
+152.44% |
| 2012-12-31 | CN¥1.29 Billion ≈ $189.36 Million |
+33.00% |
| 2011-12-31 | CN¥972.92 Million ≈ $142.37 Million |
+0.50% |
| 2010-12-31 | CN¥968.13 Million ≈ $141.67 Million |
+294.93% |
| 2009-12-31 | CN¥245.14 Million ≈ $35.87 Million |
+26.29% |
| 2008-12-31 | CN¥194.11 Million ≈ $28.40 Million |
+23.43% |
| 2007-12-31 | CN¥157.26 Million ≈ $23.01 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen O-Film Tech 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 decreased by 33654.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥3.31 Billion | 90.55% |
| Other Comprehensive Income | CN¥767.02 Million | 20.97% |
| Other Components | CN¥6.29 Billion | 171.97% |
| Total Equity | CN¥3.66 Billion | 100.00% |
Shenzhen O-Film Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen O-Film Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALMONTY INDUSTRIES CDIS/1
F:ALI0
|
$4.29 Billion |
|
G-bits Network Technology Xiamen Co Ltd
SHG:603444
|
$4.29 Billion |
|
GF Securities Co. Ltd
F:9GF
|
$4.29 Billion |
|
Jiangsu Yangnong Chemical Co Ltd
SHG:600486
|
$4.29 Billion |
|
Shenzhen H&T Intelligent Control Co Ltd
SHE:002402
|
$4.28 Billion |
|
Mueller Water Products
NYSE:MWA
|
$4.28 Billion |
|
NorthWestern Corporation
NASDAQ:NWE
|
$4.28 Billion |
|
GlaxoSmithKline Pharmaceuticals Limited
NSE:GLAXO
|
$4.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen O-Film Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,403,988,825 to 3,657,286,059, a change of 253,297,234 (7.4%).
- Net income of 58,381,779 contributed positively to equity growth.
- Dividend payments of 249,631,352 reduced retained earnings.
- Other comprehensive income increased equity by 98,447,992.
- Other factors increased equity by 346,098,815.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥58.38 Million | +1.6% |
| Dividends Paid | CN¥249.63 Million | -6.83% |
| Other Comprehensive Income | CN¥98.45 Million | +2.69% |
| Other Changes | CN¥346.10 Million | +9.46% |
| Total Change | CN¥- | 7.44% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen O-Film Tech 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: 7.86x
- 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 76.92x to 7.86x 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¥0.11 | CN¥8.71 | x |
| 2008-12-31 | CN¥0.14 | CN¥8.71 | x |
| 2009-12-31 | CN¥0.17 | CN¥8.71 | x |
| 2010-12-31 | CN¥0.59 | CN¥8.71 | x |
| 2011-12-31 | CN¥0.52 | CN¥8.71 | x |
| 2012-12-31 | CN¥0.68 | CN¥8.71 | x |
| 2013-12-31 | CN¥1.42 | CN¥8.71 | x |
| 2014-12-31 | CN¥2.42 | CN¥8.71 | x |
| 2015-12-31 | CN¥2.34 | CN¥8.71 | x |
| 2016-12-31 | CN¥3.08 | CN¥8.71 | x |
| 2017-12-31 | CN¥3.35 | CN¥8.71 | x |
| 2018-12-31 | CN¥3.20 | CN¥8.71 | x |
| 2019-12-31 | CN¥3.49 | CN¥8.71 | x |
| 2020-12-31 | CN¥2.77 | CN¥8.71 | x |
| 2021-12-31 | CN¥2.92 | CN¥8.71 | x |
| 2022-12-31 | CN¥0.99 | CN¥8.71 | x |
| 2023-12-31 | CN¥1.04 | CN¥8.71 | x |
| 2024-12-31 | CN¥1.11 | CN¥8.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen O-Film Tech 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): 1.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.29%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 5.93x
- Recent ROE (1.60%) is above the historical average (-3.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 19.43% | 19.91% | 0.63x | 1.56x | CN¥14.83 Million |
| 2008 | 19.21% | 16.16% | 0.65x | 1.82x | CN¥17.87 Million |
| 2009 | 20.80% | 13.67% | 0.82x | 1.86x | CN¥26.47 Million |
| 2010 | 5.38% | 8.43% | 0.46x | 1.40x | CN¥-44.72 Million |
| 2011 | 2.13% | 1.66% | 0.52x | 2.45x | CN¥-76.58 Million |
| 2012 | 24.81% | 8.17% | 0.82x | 3.69x | CN¥191.67 Million |
| 2013 | 17.49% | 6.28% | 0.96x | 2.91x | CN¥244.67 Million |
| 2014 | 12.40% | 3.69% | 1.38x | 2.43x | CN¥139.77 Million |
| 2015 | 7.92% | 2.59% | 1.15x | 2.66x | CN¥-125.53 Million |
| 2016 | 8.94% | 2.69% | 1.14x | 2.91x | CN¥-85.23 Million |
| 2017 | 9.03% | 2.43% | 1.10x | 3.39x | CN¥-88.06 Million |
| 2018 | -6.04% | -1.21% | 1.13x | 4.42x | CN¥-1.38 Billion |
| 2019 | 5.39% | 0.98% | 1.28x | 4.29x | CN¥-436.03 Million |
| 2020 | -26.07% | -4.02% | 1.41x | 4.59x | CN¥-2.69 Billion |
| 2021 | -31.13% | -11.49% | 0.93x | 2.92x | CN¥-3.47 Billion |
| 2022 | -160.10% | -34.95% | 0.81x | 5.63x | CN¥-5.51 Billion |
| 2023 | 2.26% | 0.46% | 0.85x | 5.86x | CN¥-263.49 Million |
| 2024 | 1.60% | 0.29% | 0.94x | 5.93x | CN¥-307.35 Million |
Industry Comparison
This section compares Shenzhen O-Film Tech 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 |
|---|---|---|---|---|
| Shenzhen O-Film Tech Co Ltd (002456) | CN¥4.85 Billion | 19.43% | 3.52x | $4.28 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 Shenzhen O-Film Tech Co Ltd
OFILM Group Co., Ltd., together with its subsidiaries, engages in the design, research, development, production, and sale of optoelectronic products and technologies in Mainland China and internationally. The company offers 3DToF and body electronics solutions; smartphone camera modules and lenses; and microelectronics comprising full-screen fingerprint solutions, optical sensing solutions, and W… Read more