W olf Photoelectric Technology Ltd (002962) - Net Assets
Based on the latest financial reports, W olf Photoelectric Technology Ltd (002962) has net assets worth CN¥1.77 Billion CNY (≈ $259.31 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¥2.16 Billion ≈ $316.76 Million USD) and total liabilities (CN¥392.65 Million ≈ $57.46 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 002962 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.77 Billion |
| % of Total Assets | 81.86% |
| Annual Growth Rate | 43.55% |
| 5-Year Change | 4.96% |
| 10-Year Change | N/A |
| Growth Volatility | 88.99 |
W olf Photoelectric Technology Ltd - Net Assets Trend (2015–2024)
This chart illustrates how W olf Photoelectric Technology Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is W olf Photoelectric Technology Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for W olf Photoelectric Technology Ltd (2015–2024)
The table below shows the annual net assets of W olf Photoelectric Technology Ltd from 2015 to 2024. For live valuation and market cap data, see W olf Photoelectric Technology Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.83 Billion ≈ $267.70 Million |
-0.15% |
| 2023-12-31 | CN¥1.83 Billion ≈ $268.11 Million |
+0.08% |
| 2022-12-31 | CN¥1.83 Billion ≈ $267.89 Million |
+2.47% |
| 2021-12-31 | CN¥1.79 Billion ≈ $261.43 Million |
+2.50% |
| 2020-12-31 | CN¥1.74 Billion ≈ $255.06 Million |
+6.48% |
| 2019-12-31 | CN¥1.64 Billion ≈ $239.53 Million |
+92.74% |
| 2018-12-31 | CN¥849.28 Million ≈ $124.28 Million |
+19.38% |
| 2017-12-31 | CN¥711.43 Million ≈ $104.10 Million |
+190.35% |
| 2016-12-31 | CN¥245.03 Million ≈ $35.86 Million |
+246.89% |
| 2015-12-31 | CN¥70.64 Million ≈ $10.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to W olf Photoelectric Technology 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 2638.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥506.58 Million | 27.71% |
| Common Stock | CN¥291.67 Million | 15.96% |
| Other Components | CN¥1.03 Billion | 56.33% |
| Total Equity | CN¥1.83 Billion | 100.00% |
W olf Photoelectric Technology Ltd Competitors by Market Cap
The table below lists competitors of W olf Photoelectric Technology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lloyds Banking Group PLC
LSE:LLOY
|
$703.30 Million |
|
Anterix Inc
NASDAQ:ATEX
|
$703.61 Million |
|
Shanghai Allied Industrial Corp. Ltd. A
SHE:301419
|
$703.80 Million |
|
Dongwoon Anatech Co Ltd
KQ:094170
|
$703.95 Million |
|
Braskem S.A.
SA:BRKM3
|
$702.80 Million |
|
Hippo Holdings Inc
NYSE:HIPO
|
$702.54 Million |
|
Thinking Electronic Industrial Co Ltd
TW:2428
|
$702.31 Million |
|
Hubei Biocause Heilen Pharmaceutical Co. Ltd.
SHE:301211
|
$702.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in W olf Photoelectric Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,826,787,396 to 1,827,986,458, a change of 1,199,062 (0.1%).
- Net income of 65,122,099 contributed positively to equity growth.
- Dividend payments of 60,539,850 reduced retained earnings.
- Share repurchases of 10,474,220 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥65.12 Million | +3.56% |
| Dividends Paid | CN¥60.54 Million | -3.31% |
| Share Repurchases | CN¥10.47 Million | -0.57% |
| Other Changes | CN¥7.09 Million | +0.39% |
| Total Change | CN¥- | 0.07% |
Book Value vs Market Value Analysis
This analysis compares W olf Photoelectric Technology 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: 2.67x
- 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 68.56x to 2.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥0.24 | CN¥16.47 | x |
| 2016-12-31 | CN¥0.83 | CN¥16.47 | x |
| 2017-12-31 | CN¥3.74 | CN¥16.47 | x |
| 2018-12-31 | CN¥3.89 | CN¥16.47 | x |
| 2019-12-31 | CN¥5.62 | CN¥16.47 | x |
| 2020-12-31 | CN¥5.97 | CN¥16.47 | x |
| 2021-12-31 | CN¥6.09 | CN¥16.47 | x |
| 2022-12-31 | CN¥6.20 | CN¥16.47 | x |
| 2023-12-31 | CN¥6.20 | CN¥16.47 | x |
| 2024-12-31 | CN¥6.18 | CN¥16.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently W olf Photoelectric Technology 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): 3.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.01%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.16x
- Recent ROE (3.56%) is below the historical average (19.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 68.52% | 19.92% | 1.46x | 2.35x | CN¥41.34 Million |
| 2016 | 51.94% | 28.00% | 0.97x | 1.91x | CN¥102.77 Million |
| 2017 | 23.59% | 26.90% | 0.65x | 1.35x | CN¥96.69 Million |
| 2018 | 16.23% | 23.90% | 0.54x | 1.26x | CN¥52.92 Million |
| 2019 | 9.73% | 21.86% | 0.38x | 1.16x | CN¥-4.36 Million |
| 2020 | 8.02% | 23.60% | 0.29x | 1.16x | CN¥-34.31 Million |
| 2021 | 4.76% | 10.73% | 0.38x | 1.16x | CN¥-93.10 Million |
| 2022 | 4.89% | 8.63% | 0.51x | 1.10x | CN¥-93.02 Million |
| 2023 | 3.71% | 8.06% | 0.40x | 1.16x | CN¥-114.89 Million |
| 2024 | 3.56% | 6.01% | 0.51x | 1.16x | CN¥-117.68 Million |
Industry Comparison
This section compares W olf Photoelectric Technology 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 |
|---|---|---|---|---|
| W olf Photoelectric Technology Ltd (002962) | CN¥1.77 Billion | 68.52% | 0.22x | $702.94 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 W olf Photoelectric Technology Ltd
Hubei W-olf Photoelectric Technology Co., Ltd. engages in the research and development, production, and sale of precision optical components in China and internationally. It offers semiconductor optical products and precision optical components, as well as glass cold processing solutions. The company was incorporated in 2012 and is headquartered in Jingzhou, China.