Dongguan Kingsun Optoelectronic Co Ltd (002638) - Net Assets
Based on the latest financial reports, Dongguan Kingsun Optoelectronic Co Ltd (002638) has net assets worth CN¥2.06 Billion CNY (≈ $301.56 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¥2.33 Billion ≈ $340.62 Million USD) and total liabilities (CN¥266.98 Million ≈ $39.07 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 Dongguan Kingsun Optoelectronic Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.06 Billion |
| % of Total Assets | 88.53% |
| Annual Growth Rate | 12.6% |
| 5-Year Change | -37.99% |
| 10-Year Change | -0.87% |
| Growth Volatility | 51.22 |
Dongguan Kingsun Optoelectronic Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Dongguan Kingsun Optoelectronic Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Dongguan Kingsun Optoelectronic Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Dongguan Kingsun Optoelectronic Co Ltd (2008–2024)
The table below shows the annual net assets of Dongguan Kingsun Optoelectronic Co Ltd from 2008 to 2024. For live valuation and market cap data, see market cap of Dongguan Kingsun Optoelectronic Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.24 Billion ≈ $327.59 Million |
-11.13% |
| 2023-12-31 | CN¥2.52 Billion ≈ $368.61 Million |
-8.65% |
| 2022-12-31 | CN¥2.76 Billion ≈ $403.52 Million |
+1.18% |
| 2021-12-31 | CN¥2.73 Billion ≈ $398.82 Million |
-24.50% |
| 2020-12-31 | CN¥3.61 Billion ≈ $528.27 Million |
+1.37% |
| 2019-12-31 | CN¥3.56 Billion ≈ $521.15 Million |
-9.49% |
| 2018-12-31 | CN¥3.93 Billion ≈ $575.79 Million |
-25.20% |
| 2017-12-31 | CN¥5.26 Billion ≈ $769.79 Million |
+2.92% |
| 2016-12-31 | CN¥5.11 Billion ≈ $747.98 Million |
+126.35% |
| 2015-12-31 | CN¥2.26 Billion ≈ $330.45 Million |
+1.02% |
| 2014-12-31 | CN¥2.24 Billion ≈ $327.10 Million |
+0.61% |
| 2013-12-31 | CN¥2.22 Billion ≈ $325.11 Million |
+3.97% |
| 2012-12-31 | CN¥2.14 Billion ≈ $312.70 Million |
+5.67% |
| 2011-12-31 | CN¥2.02 Billion ≈ $295.92 Million |
+136.07% |
| 2010-12-31 | CN¥856.62 Million ≈ $125.35 Million |
+111.26% |
| 2009-12-31 | CN¥405.48 Million ≈ $59.33 Million |
+20.91% |
| 2008-12-31 | CN¥335.35 Million ≈ $49.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dongguan Kingsun Optoelectronic 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 4817.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.44 Billion | 64.18% |
| Other Comprehensive Income | CN¥116.28 Million | 5.19% |
| Other Components | CN¥3.28 Billion | 146.40% |
| Total Equity | CN¥2.24 Billion | 100.00% |
Dongguan Kingsun Optoelectronic Co Ltd Competitors by Market Cap
The table below lists competitors of Dongguan Kingsun Optoelectronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Uroica Mining Safety Eng
SHE:300099
|
$983.91 Million |
|
MFA Financial Inc
NYSE:MFA
|
$984.59 Million |
|
Guangdong LingXiao Pump Industry Co Ltd
SHE:002884
|
$985.04 Million |
|
Far Eastern Department Stores Ltd
TW:2903
|
$985.30 Million |
|
Swedish Logistic Property AB Series B
ST:SLP-B
|
$983.65 Million |
|
Aktis Oncology, Inc. Common stock
NASDAQ:AKTS
|
$983.61 Million |
|
Northern Dynasty Minerals Ltd
TO:NDM
|
$983.51 Million |
|
Hubei Heyuan Gas Co Ltd
SHE:002971
|
$983.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongguan Kingsun Optoelectronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,518,791,972 to 2,238,463,421, a change of -280,328,551 (-11.1%).
- Net loss of 249,359,790 reduced equity.
- Share repurchases of 30,050,162 reduced equity.
- Other comprehensive income increased equity by 118,193,099.
- Other factors decreased equity by 119,111,698.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-249.36 Million | -11.14% |
| Share Repurchases | CN¥30.05 Million | -1.34% |
| Other Comprehensive Income | CN¥118.19 Million | +5.28% |
| Other Changes | CN¥-119.11 Million | -5.32% |
| Total Change | CN¥- | -11.13% |
Book Value vs Market Value Analysis
This analysis compares Dongguan Kingsun Optoelectronic 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: 3.07x
- 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 7.29x to 3.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.64 | CN¥4.68 | x |
| 2009-12-31 | CN¥0.71 | CN¥4.68 | x |
| 2010-12-31 | CN¥1.30 | CN¥4.68 | x |
| 2011-12-31 | CN¥2.77 | CN¥4.68 | x |
| 2012-12-31 | CN¥2.27 | CN¥4.68 | x |
| 2013-12-31 | CN¥2.38 | CN¥4.68 | x |
| 2014-12-31 | CN¥2.17 | CN¥4.68 | x |
| 2015-12-31 | CN¥2.54 | CN¥4.68 | x |
| 2016-12-31 | CN¥5.11 | CN¥4.68 | x |
| 2017-12-31 | CN¥3.68 | CN¥4.68 | x |
| 2018-12-31 | CN¥2.58 | CN¥4.68 | x |
| 2019-12-31 | CN¥2.34 | CN¥4.68 | x |
| 2020-12-31 | CN¥2.37 | CN¥4.68 | x |
| 2021-12-31 | CN¥1.80 | CN¥4.68 | x |
| 2022-12-31 | CN¥1.83 | CN¥4.68 | x |
| 2023-12-31 | CN¥1.71 | CN¥4.68 | x |
| 2024-12-31 | CN¥1.53 | CN¥4.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongguan Kingsun Optoelectronic 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): -11.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -65.90%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.15x
- Recent ROE (-11.14%) is below the historical average (-1.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 17.76% | 13.02% | 0.63x | 2.16x | CN¥26.03 Million |
| 2009 | 16.53% | 15.66% | 0.53x | 2.00x | CN¥26.23 Million |
| 2010 | 9.83% | 14.68% | 0.45x | 1.48x | CN¥-1.39 Million |
| 2011 | 6.21% | 16.20% | 0.32x | 1.19x | CN¥-76.02 Million |
| 2012 | 4.94% | 12.81% | 0.27x | 1.40x | CN¥-107.64 Million |
| 2013 | 4.70% | 9.12% | 0.36x | 1.44x | CN¥-117.41 Million |
| 2014 | 0.55% | 1.36% | 0.28x | 1.46x | CN¥-209.61 Million |
| 2015 | 0.93% | 2.44% | 0.26x | 1.45x | CN¥-202.80 Million |
| 2016 | -8.42% | -50.72% | 0.12x | 1.41x | CN¥-935.34 Million |
| 2017 | 1.63% | 5.23% | 0.23x | 1.37x | CN¥-432.22 Million |
| 2018 | -31.74% | -96.25% | 0.24x | 1.35x | CN¥-1.64 Billion |
| 2019 | -10.31% | -29.27% | 0.28x | 1.26x | CN¥-722.10 Million |
| 2020 | 1.25% | 4.54% | 0.22x | 1.23x | CN¥-315.18 Million |
| 2021 | -31.65% | -82.12% | 0.30x | 1.28x | CN¥-1.13 Billion |
| 2022 | 1.58% | 7.66% | 0.19x | 1.09x | CN¥-232.29 Million |
| 2023 | -2.35% | -17.95% | 0.12x | 1.11x | CN¥-310.95 Million |
| 2024 | -11.14% | -65.90% | 0.15x | 1.15x | CN¥-473.21 Million |
Industry Comparison
This section compares Dongguan Kingsun Optoelectronic Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongguan Kingsun Optoelectronic Co Ltd (002638) | CN¥2.06 Billion | 17.76% | 0.13x | $983.82 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Dongguan Kingsun Optoelectronic Co Ltd
Dongguan Kingsun Optoelectronic Co.,Ltd. manufactures and sells LED lighting products in China and internationally. The company also provides outdoor, landscape, smart lighting, and outdoor garden products, as well as tunnel, sports and stadium, explosion proof, solar, food processing, street, marine, and warehouse lighting products. Its LED lighting products are used in smart, road, traffic, com… Read more