Hefei Meiya Optoelectronic Technology Inc
Hefei Meyer Optoelectronic Technology Inc. engages in the research and development, manufacture, and sale of optoelectronic intelligent recognition equipment in China and internationally. The company offers color sorter, X-ray inspection machine, quality analyzer, etc. for food safety sector; dental CBCT, ENT CBCT, intraoral scanners, mobile head CT, spinal surgery robots, etc. in healthcare; and… Read more
Hefei Meiya Optoelectronic Technology Inc (002690) - Net Assets
Latest net assets as of June 2025: CN¥2.51 Billion CNY
Based on the latest financial reports, Hefei Meiya Optoelectronic Technology Inc (002690) has net assets worth CN¥2.51 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.17 Billion) and total liabilities (CN¥661.28 Million). 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¥2.51 Billion |
| % of Total Assets | 79.14% |
| Annual Growth Rate | 11.51% |
| 5-Year Change | 21.43% |
| 10-Year Change | 44.76% |
| Growth Volatility | 59.96 |
Hefei Meiya Optoelectronic Technology Inc - Net Assets Trend (2008–2024)
This chart illustrates how Hefei Meiya Optoelectronic Technology Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hefei Meiya Optoelectronic Technology Inc (2008–2024)
The table below shows the annual net assets of Hefei Meiya Optoelectronic Technology Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.79 Billion | +1.05% |
| 2023-12-31 | CN¥2.76 Billion | +4.15% |
| 2022-12-31 | CN¥2.65 Billion | +5.75% |
| 2021-12-31 | CN¥2.51 Billion | +9.12% |
| 2020-12-31 | CN¥2.30 Billion | -3.68% |
| 2019-12-31 | CN¥2.38 Billion | +3.22% |
| 2018-12-31 | CN¥2.31 Billion | +5.13% |
| 2017-12-31 | CN¥2.20 Billion | +7.95% |
| 2016-12-31 | CN¥2.03 Billion | +5.65% |
| 2015-12-31 | CN¥1.93 Billion | +13.05% |
| 2014-12-31 | CN¥1.70 Billion | +11.74% |
| 2013-12-31 | CN¥1.52 Billion | +10.90% |
| 2012-12-31 | CN¥1.37 Billion | +244.71% |
| 2011-12-31 | CN¥398.79 Million | +32.55% |
| 2010-12-31 | CN¥300.86 Million | -45.42% |
| 2009-12-31 | CN¥551.27 Million | +13.05% |
| 2008-12-31 | CN¥487.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hefei Meiya Optoelectronic 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 grown by 152.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥900.01 Million | 32.28% |
| Common Stock | CN¥882.26 Million | 31.64% |
| Other Comprehensive Income | CN¥717.66 Million | 25.74% |
| Other Components | CN¥288.07 Million | 10.33% |
| Total Equity | CN¥2.79 Billion | 100.00% |
Hefei Meiya Optoelectronic Technology Inc Competitors by Market Cap
The table below lists competitors of Hefei Meiya Optoelectronic Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Netweb Technologies India Limited
NSE:NETWEB
|
$717.20 Million |
|
Fu Shou Yuan International Group Limited
PINK:FSHUF
|
$717.28 Million |
|
OKE Precision Cutting Tools Co. Ltd. A
SHG:688308
|
$717.38 Million |
|
Navigator Co. S/A
LSE:0KLO
|
$717.61 Million |
|
Yixin Group Limited
F:1YX
|
$716.43 Million |
|
GrainCorp Limited
PINK:GRCLF
|
$716.36 Million |
|
Corporación Moctezuma S.A.B. de C.V
MX:CMOCTEZ
|
$715.73 Million |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
$715.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hefei Meiya Optoelectronic Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,759,078,140 to 2,788,004,792, a change of 28,926,652 (1.0%).
- Net income of 649,173,517 contributed positively to equity growth.
- Dividend payments of 616,097,550 reduced retained earnings.
- Share repurchases of 927,888 reduced equity.
- Other comprehensive income increased equity by 572,587,749.
- Other factors decreased equity by 575,809,176.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥649.17 Million | +23.28% |
| Dividends Paid | CN¥616.10 Million | -22.1% |
| Share Repurchases | CN¥927.89K | -0.03% |
| Other Comprehensive Income | CN¥572.59 Million | +20.54% |
| Other Changes | CN¥-575.81 Million | -20.65% |
| Total Change | CN¥- | 1.05% |
Book Value vs Market Value Analysis
This analysis compares Hefei Meiya Optoelectronic 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: 5.88x
- 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 25.90x to 5.88x 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¥0.72 | CN¥18.62 | x |
| 2009-12-31 | CN¥0.81 | CN¥18.62 | x |
| 2010-12-31 | CN¥0.44 | CN¥18.62 | x |
| 2011-12-31 | CN¥0.61 | CN¥18.62 | x |
| 2012-12-31 | CN¥1.83 | CN¥18.62 | x |
| 2013-12-31 | CN¥1.73 | CN¥18.62 | x |
| 2014-12-31 | CN¥1.93 | CN¥18.62 | x |
| 2015-12-31 | CN¥2.19 | CN¥18.62 | x |
| 2016-12-31 | CN¥2.31 | CN¥18.62 | x |
| 2017-12-31 | CN¥2.50 | CN¥18.62 | x |
| 2018-12-31 | CN¥2.63 | CN¥18.62 | x |
| 2019-12-31 | CN¥2.71 | CN¥18.62 | x |
| 2020-12-31 | CN¥2.61 | CN¥18.62 | x |
| 2021-12-31 | CN¥2.85 | CN¥18.62 | x |
| 2022-12-31 | CN¥3.01 | CN¥18.62 | x |
| 2023-12-31 | CN¥3.13 | CN¥18.62 | x |
| 2024-12-31 | CN¥3.17 | CN¥18.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hefei Meiya Optoelectronic 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): 23.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.09%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.20x
- Recent ROE (23.28%) is above the historical average (21.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 14.64% | 27.21% | 0.48x | 1.11x | CN¥22.62 Million |
| 2009 | 17.37% | 28.94% | 0.52x | 1.15x | CN¥40.62 Million |
| 2010 | 49.99% | 44.92% | 0.55x | 2.04x | CN¥120.31 Million |
| 2011 | 33.24% | 29.47% | 0.87x | 1.30x | CN¥92.67 Million |
| 2012 | 12.26% | 32.54% | 0.34x | 1.10x | CN¥31.11 Million |
| 2013 | 13.64% | 36.65% | 0.34x | 1.10x | CN¥55.55 Million |
| 2014 | 14.77% | 37.96% | 0.35x | 1.11x | CN¥81.05 Million |
| 2015 | 15.05% | 34.42% | 0.39x | 1.13x | CN¥97.09 Million |
| 2016 | 15.21% | 34.33% | 0.39x | 1.15x | CN¥106.02 Million |
| 2017 | 16.60% | 33.34% | 0.40x | 1.25x | CN¥145.03 Million |
| 2018 | 19.40% | 36.13% | 0.46x | 1.17x | CN¥216.96 Million |
| 2019 | 22.85% | 36.29% | 0.54x | 1.16x | CN¥306.21 Million |
| 2020 | 19.09% | 29.29% | 0.52x | 1.25x | CN¥208.60 Million |
| 2021 | 20.40% | 28.19% | 0.56x | 1.30x | CN¥260.56 Million |
| 2022 | 27.56% | 34.48% | 0.64x | 1.25x | CN¥465.19 Million |
| 2023 | 27.00% | 30.71% | 0.71x | 1.24x | CN¥468.93 Million |
| 2024 | 23.28% | 28.09% | 0.69x | 1.20x | CN¥370.37 Million |
Industry Comparison
This section compares Hefei Meiya Optoelectronic Technology Inc's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hefei Meiya Optoelectronic Technology Inc (002690) | CN¥2.51 Billion | 14.64% | 0.26x | $716.85 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |