Dongguan Mentech Optical & Magnetic Co Ltd
Dongguan Mentech Optical & Magnetic Co., Ltd. manufactures and sells magnetic components, optical communication products, and power and ecological products in China and internationally. The company offers home energy storage solutions, such as balcony photovoltaic all-in-one machines, inverters, battery packs, and various accessories; and energy products, such as communication switching power sup… Read more
Dongguan Mentech Optical & Magnetic Co Ltd (002902) - Net Assets
Latest net assets as of September 2025: CN¥828.19 Million CNY
Based on the latest financial reports, Dongguan Mentech Optical & Magnetic Co Ltd (002902) has net assets worth CN¥828.19 Million 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¥2.46 Billion) and total liabilities (CN¥1.63 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¥828.19 Million |
| % of Total Assets | 33.64% |
| Annual Growth Rate | 11.1% |
| 5-Year Change | -13.77% |
| 10-Year Change | 112.21% |
| Growth Volatility | 27.11 |
Dongguan Mentech Optical & Magnetic Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Dongguan Mentech Optical & Magnetic 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 Dongguan Mentech Optical & Magnetic Co Ltd (2012–2024)
The table below shows the annual net assets of Dongguan Mentech Optical & Magnetic Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥952.82 Million | +14.19% |
| 2023-12-31 | CN¥834.39 Million | -24.93% |
| 2022-12-31 | CN¥1.11 Billion | +5.56% |
| 2021-12-31 | CN¥1.05 Billion | -4.72% |
| 2020-12-31 | CN¥1.11 Billion | +2.10% |
| 2019-12-31 | CN¥1.08 Billion | +1.90% |
| 2018-12-31 | CN¥1.06 Billion | +1.68% |
| 2017-12-31 | CN¥1.04 Billion | +93.53% |
| 2016-12-31 | CN¥539.77 Million | +20.21% |
| 2015-12-31 | CN¥449.00 Million | +15.40% |
| 2014-12-31 | CN¥389.10 Million | +21.28% |
| 2013-12-31 | CN¥320.83 Million | +19.02% |
| 2012-12-31 | CN¥269.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dongguan Mentech Optical & Magnetic 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 657.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥235.48 Million | 24.68% |
| Other Components | CN¥914.88 Million | 95.89% |
| Total Equity | CN¥954.05 Million | 100.00% |
Dongguan Mentech Optical & Magnetic Co Ltd Competitors by Market Cap
The table below lists competitors of Dongguan Mentech Optical & Magnetic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dril-Quip Inc
F:DQU
|
$490.49 Million |
|
PayPoint plc
OTCGREY:PYPTF
|
$490.59 Million |
|
Hubei Jiuzhiyang Infrared System Co Ltd
SHE:300516
|
$490.85 Million |
|
JLGRF
PINK:JLGRF
|
$491.18 Million |
|
Hangzhou Pinming Software Co. Ltd. A
SHG:688109
|
$490.48 Million |
|
Changshu Automotive Trim Co
SHG:603035
|
$490.33 Million |
|
JSE Limited
PINK:JSEJF
|
$490.29 Million |
|
Ningbo Exciton Technology Co Ltd
SHE:300566
|
$490.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongguan Mentech Optical & Magnetic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 823,305,342 to 954,048,752, a change of 130,743,410 (15.9%).
- Net loss of 290,558,576 reduced equity.
- Dividend payments of 20,018,249 reduced retained earnings.
- Share repurchases of 5,208,430 reduced equity.
- Other comprehensive income increased equity by 141,214.
- Other factors increased equity by 446,387,451.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-290.56 Million | -30.46% |
| Dividends Paid | CN¥20.02 Million | -2.1% |
| Share Repurchases | CN¥5.21 Million | -0.55% |
| Other Comprehensive Income | CN¥141.21K | +0.01% |
| Other Changes | CN¥446.39 Million | +46.79% |
| Total Change | CN¥- | 15.88% |
Book Value vs Market Value Analysis
This analysis compares Dongguan Mentech Optical & Magnetic 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: 5.22x
- 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 12.63x to 5.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.72 | CN¥21.78 | x |
| 2013-12-31 | CN¥2.05 | CN¥21.78 | x |
| 2014-12-31 | CN¥2.47 | CN¥21.78 | x |
| 2015-12-31 | CN¥2.85 | CN¥21.78 | x |
| 2016-12-31 | CN¥3.41 | CN¥21.78 | x |
| 2017-12-31 | CN¥6.15 | CN¥21.78 | x |
| 2018-12-31 | CN¥5.03 | CN¥21.78 | x |
| 2019-12-31 | CN¥5.12 | CN¥21.78 | x |
| 2020-12-31 | CN¥5.07 | CN¥21.78 | x |
| 2021-12-31 | CN¥4.79 | CN¥21.78 | x |
| 2022-12-31 | CN¥5.14 | CN¥21.78 | x |
| 2023-12-31 | CN¥3.90 | CN¥21.78 | x |
| 2024-12-31 | CN¥4.17 | CN¥21.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongguan Mentech Optical & Magnetic 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): -30.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.79%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.79x
- Recent ROE (-30.46%) is below the historical average (3.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 22.42% | 7.96% | 1.27x | 2.22x | CN¥33.49 Million |
| 2013 | 15.97% | 6.00% | 1.23x | 2.16x | CN¥19.17 Million |
| 2014 | 17.55% | 6.62% | 1.23x | 2.16x | CN¥29.36 Million |
| 2015 | 18.03% | 6.09% | 1.27x | 2.32x | CN¥36.03 Million |
| 2016 | 16.79% | 6.44% | 1.24x | 2.10x | CN¥36.68 Million |
| 2017 | 7.69% | 5.32% | 0.90x | 1.61x | CN¥-24.10 Million |
| 2018 | 2.44% | 1.61% | 0.89x | 1.70x | CN¥-79.93 Million |
| 2019 | 2.51% | 1.93% | 0.74x | 1.75x | CN¥-80.57 Million |
| 2020 | 0.16% | 0.10% | 0.68x | 2.33x | CN¥-104.70 Million |
| 2021 | -6.78% | -3.05% | 0.79x | 2.82x | CN¥-168.78 Million |
| 2022 | 6.37% | 2.96% | 0.80x | 2.68x | CN¥-39.17 Million |
| 2023 | -31.50% | -13.53% | 0.75x | 3.12x | CN¥-341.67 Million |
| 2024 | -30.46% | -17.79% | 0.61x | 2.79x | CN¥-385.96 Million |
Industry Comparison
This section compares Dongguan Mentech Optical & Magnetic Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $19,755,021,352
- Average return on equity (ROE) among peers: 13.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongguan Mentech Optical & Magnetic Co Ltd (002902) | CN¥828.19 Million | 22.42% | 1.97x | $490.49 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $333.77 Million | 13.69% | 0.32x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $464.21 Million | 30.94% | 3.01x | $765.51 Million |
| CPT Technology Group Co Ltd (000536) | $3.17 Billion | 11.02% | 0.49x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $5.64 Billion | 6.01% | 0.24x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $5.06 Billion | 0.44% | 2.24x | $317.21 Million |
| BOE Technology Group Co Ltd (000725) | $173.40 Billion | 2.90% | 1.45x | $20.28 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $7.44 Billion | 20.05% | 0.50x | $2.57 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $396.59 Million | 6.89% | 0.36x | $1.38 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $1.25 Billion | 10.37% | 0.46x | $179.30 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $398.47 Million | 32.69% | 0.39x | $155.36 Million |