Foshan Electrical and Lighting Co Ltd

SHE:200541 China Electrical Equipment & Parts
Market Cap
$85.84 Million
HK$668.08 Million HKD
Market Cap Rank
#14064 Global
#3666 in China
Share Price
HK$2.20
Change (1 day)
-0.45%
52-Week Range
HK$2.09 - HK$2.69
All Time High
HK$4.81
Categories
Companies in China Electrical Equipment & Parts
About

Foshan Electrical and Lighting Co.,Ltd, together with its subsidiaries, engages in the research and development, production, and sale of general lighting and electrical products, automotive lighting, LED packaging products, and others in the People's Republic of China and internationally. The company offers general lighting and electrical products, including LED light sources, LED luminaries, and… Read more

Foshan Electrical and Lighting Co Ltd (200541) - Net Assets

Latest net assets as of June 2025: HK$10.35 Billion HKD

Based on the latest financial reports, Foshan Electrical and Lighting Co Ltd (200541) has net assets worth HK$10.35 Billion HKD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$17.17 Billion) and total liabilities (HK$6.83 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 HK$10.35 Billion
% of Total Assets 60.24%
Annual Growth Rate 12.48%
5-Year Change 61.06%
10-Year Change 101.01%
Growth Volatility 27.29

Foshan Electrical and Lighting Co Ltd - Net Assets Trend (1992–2024)

This chart illustrates how Foshan Electrical and Lighting 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 Foshan Electrical and Lighting Co Ltd (1992–2024)

The table below shows the annual net assets of Foshan Electrical and Lighting Co Ltd from 1992 to 2024.

Year Net Assets Change
2024-12-31 HK$10.17 Billion +4.04%
2023-12-31 HK$9.77 Billion +13.62%
2022-12-31 HK$8.60 Billion +37.03%
2021-12-31 HK$6.28 Billion -0.57%
2020-12-31 HK$6.31 Billion +28.63%
2019-12-31 HK$4.91 Billion +13.04%
2018-12-31 HK$4.34 Billion -9.55%
2017-12-31 HK$4.80 Billion -4.11%
2016-12-31 HK$5.01 Billion -1.03%
2015-12-31 HK$5.06 Billion +63.44%
2014-12-31 HK$3.09 Billion +5.78%
2013-12-31 HK$2.93 Billion -2.40%
2012-12-31 HK$3.00 Billion +5.60%
2011-12-31 HK$2.84 Billion +0.93%
2010-12-31 HK$2.81 Billion +3.92%
2009-12-31 HK$2.71 Billion +2.78%
2008-12-31 HK$2.63 Billion -12.78%
2007-12-31 HK$3.02 Billion +26.17%
2006-12-31 HK$2.39 Billion +2.68%
2005-12-31 HK$2.33 Billion +2.99%
2004-12-31 HK$2.26 Billion +3.11%
2003-12-31 HK$2.19 Billion +11.60%
2002-12-31 HK$1.97 Billion +2.80%
2001-12-31 HK$1.91 Billion +1.55%
2000-12-31 HK$1.88 Billion +57.96%
1999-12-31 HK$1.19 Billion +5.15%
1998-12-31 HK$1.13 Billion +3.22%
1997-12-31 HK$1.10 Billion +2.11%
1996-12-31 HK$1.08 Billion +4.50%
1995-12-31 HK$1.03 Billion +55.16%
1994-12-31 HK$663.40 Million +23.75%
1993-12-31 HK$536.10 Million +127.04%
1992-12-31 HK$236.13 Million --

Equity Component Analysis

This analysis shows how different components contribute to Foshan Electrical and Lighting 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 grown by 78523.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings HK$3.66 Billion 55.60%
Common Stock HK$1.55 Billion 23.56%
Other Components HK$1.37 Billion 20.85%
Total Equity HK$6.57 Billion 100.00%

Foshan Electrical and Lighting Co Ltd Competitors by Market Cap

The table below lists competitors of Foshan Electrical and Lighting Co Ltd ranked by their market capitalization.

Company Market Cap
Genesyslogic
TWO:6104
 		$239.31 Million
PT Ciputra Development Tbk
F:PUWA
 		$239.40 Million
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
 		$239.45 Million
Puma Biotechnology Inc
NASDAQ:PBYI
 		$239.50 Million
Gan Yuan Foods Co Ltd
SHE:002991
 		$239.16 Million
Immobiliare Grande Distribuzione SIIQ SpA
LSE:0STP
 		$239.12 Million
Yanlord Land Group Limited
PINK:YLDGF
 		$239.09 Million
Wuhan Xingtu Xinke Electronics Co Ltd
SHG:688081
 		$239.06 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Foshan Electrical and Lighting Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,285,442,808 to 6,574,304,305, a change of 288,861,497 (4.6%).
  • Net income of 446,184,021 contributed positively to equity growth.
  • Dividend payments of 202,185,811 reduced retained earnings.
  • Other comprehensive income decreased equity by 360,027,028.
  • Other factors increased equity by 404,890,315.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income HK$446.18 Million +6.79%
Dividends Paid HK$202.19 Million -3.08%
Other Comprehensive Income HK$-360.03 Million -5.48%
Other Changes HK$404.89 Million +6.16%
Total Change HK$- 4.60%

Book Value vs Market Value Analysis

This analysis compares Foshan Electrical and Lighting 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: 0.52x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 1.31x to 0.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 HK$1.69 HK$2.20 x
2007-12-31 HK$2.15 HK$2.20 x
2008-12-31 HK$2.60 HK$2.20 x
2009-12-31 HK$1.93 HK$2.20 x
2010-12-31 HK$1.98 HK$2.20 x
2011-12-31 HK$2.01 HK$2.20 x
2012-12-31 HK$2.11 HK$2.20 x
2013-12-31 HK$2.09 HK$2.20 x
2014-12-31 HK$2.18 HK$2.20 x
2015-12-31 HK$3.59 HK$2.20 x
2016-12-31 HK$3.57 HK$2.20 x
2017-12-31 HK$3.41 HK$2.20 x
2018-12-31 HK$3.09 HK$2.20 x
2019-12-31 HK$3.49 HK$2.20 x
2020-12-31 HK$4.60 HK$2.20 x
2021-12-31 HK$4.26 HK$2.20 x
2022-12-31 HK$3.80 HK$2.20 x
2023-12-31 HK$4.56 HK$2.20 x
2024-12-31 HK$4.25 HK$2.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Foshan Electrical and Lighting 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): 6.79%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.93%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 2.61x
  • Recent ROE (6.79%) is below the historical average (10.94%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 20.43% 20.46% 0.58x 1.71x HK$24.63 Million
1993 17.67% 22.40% 0.62x 1.27x HK$41.11 Million
1994 21.97% 32.71% 0.50x 1.34x HK$79.41 Million
1995 16.57% 40.00% 0.33x 1.27x HK$67.20 Million
1996 16.47% 43.96% 0.28x 1.34x HK$68.99 Million
1997 12.30% 30.02% 0.32x 1.27x HK$25.05 Million
1998 13.11% 29.32% 0.36x 1.26x HK$35.10 Million
1999 13.37% 26.28% 0.41x 1.23x HK$39.88 Million
2000 8.59% 23.45% 0.32x 1.16x HK$-26.53 Million
2001 9.09% 21.04% 0.37x 1.18x HK$-17.35 Million
2002 10.44% 21.39% 0.41x 1.20x HK$8.69 Million
2003 10.34% 22.17% 0.42x 1.10x HK$7.40 Million
2004 10.26% 18.97% 0.48x 1.12x HK$5.89 Million
2005 9.53% 18.09% 0.47x 1.11x HK$-10.89 Million
2006 10.03% 19.31% 0.46x 1.12x HK$816.73K
2007 14.19% 28.33% 0.44x 1.14x HK$125.07 Million
2008 8.62% 13.04% 0.61x 1.09x HK$-36.01 Million
2009 7.98% 12.43% 0.57x 1.13x HK$-53.83 Million
2010 9.53% 13.49% 0.63x 1.13x HK$-12.92 Million
2011 10.45% 12.90% 0.72x 1.13x HK$12.57 Million
2012 13.57% 18.19% 0.64x 1.17x HK$105.46 Million
2013 8.71% 9.97% 0.75x 1.17x HK$-37.23 Million
2014 8.74% 8.67% 0.82x 1.23x HK$-38.33 Million
2015 1.06% 1.86% 0.48x 1.20x HK$-448.95 Million
2016 21.49% 31.85% 0.55x 1.22x HK$573.30 Million
2017 15.49% 19.48% 0.67x 1.19x HK$262.40 Million
2018 8.74% 9.93% 0.68x 1.29x HK$-54.31 Million
2019 6.17% 9.02% 0.54x 1.27x HK$-186.89 Million
2020 5.06% 8.46% 0.44x 1.36x HK$-309.48 Million
2021 5.17% 6.28% 0.49x 1.67x HK$-280.44 Million
2022 4.45% 2.63% 0.57x 2.96x HK$-286.99 Million
2023 4.62% 3.21% 0.53x 2.69x HK$-338.19 Million
2024 6.79% 4.93% 0.53x 2.61x HK$-211.25 Million

Industry Comparison

This section compares Foshan Electrical and Lighting 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: $2,399,685,798
  • Average return on equity (ROE) among peers: -30.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Foshan Electrical and Lighting Co Ltd (200541) HK$10.35 Billion 20.43% 0.66x $239.24 Million
XJ Electric Co Ltd (000400) $11.69 Billion 8.60% 0.87x $2.50 Billion
Guangdong Macro Co Ltd (000533) $259.29 Million -377.39% 9.44x $880.32 Million
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $1.31 Billion 8.55% 0.86x $364.23 Million
Huagong Tech Co Ltd (000988) $3.01 Billion 5.01% 0.66x $9.70 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $1.62 Billion 6.74% 1.87x $855.32 Million
Shijiazhuang Shangtai Technology Co. Ltd. A (001301) $1.35 Billion 11.31% 0.12x $1.62 Billion
Guangdong Xinyaguang Cable Co (001382) $804.28 Million 11.99% 1.13x $201.71 Million
Sieyuan Electric Co Ltd (002028) $3.44 Billion 10.09% 0.45x $14.61 Billion
Shanghai Welltech Automation Co Ltd (002058) $186.07 Million 7.07% 0.22x $217.00 Million
Gotion High tech Co Ltd (002074) $324.01 Million 7.87% 0.45x $5.08 Billion