Focused Photonics Hangzhou Inc
Focused Photonics (Hangzhou), Inc. provides analytical instrument technology services in China and internationally. The company offers products and services for project consulting, analytical instruments, information software, onsite customer training, and localized operation and maintenance services to oil and gas, thermal power, iron and steel, chemicals, cement, water resource and management, … Read more
Focused Photonics Hangzhou Inc (300203) - Net Assets
Latest net assets as of September 2025: CN¥3.08 Billion CNY
Based on the latest financial reports, Focused Photonics Hangzhou Inc (300203) has net assets worth CN¥3.08 Billion 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¥8.78 Billion) and total liabilities (CN¥5.70 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¥3.08 Billion |
| % of Total Assets | 35.11% |
| Annual Growth Rate | 23.81% |
| 5-Year Change | -18.92% |
| 10-Year Change | 38.75% |
| Growth Volatility | 53.68 |
Focused Photonics Hangzhou Inc - Net Assets Trend (2007–2024)
This chart illustrates how Focused Photonics Hangzhou 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 Focused Photonics Hangzhou Inc (2007–2024)
The table below shows the annual net assets of Focused Photonics Hangzhou Inc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.40 Billion | +7.44% |
| 2023-12-31 | CN¥3.16 Billion | -10.93% |
| 2022-12-31 | CN¥3.55 Billion | -9.17% |
| 2021-12-31 | CN¥3.91 Billion | -6.72% |
| 2020-12-31 | CN¥4.19 Billion | +6.54% |
| 2019-12-31 | CN¥3.93 Billion | +0.55% |
| 2018-12-31 | CN¥3.91 Billion | +12.59% |
| 2017-12-31 | CN¥3.47 Billion | +14.36% |
| 2016-12-31 | CN¥3.04 Billion | +24.06% |
| 2015-12-31 | CN¥2.45 Billion | +16.08% |
| 2014-12-31 | CN¥2.11 Billion | +10.00% |
| 2013-12-31 | CN¥1.92 Billion | +7.07% |
| 2012-12-31 | CN¥1.79 Billion | +10.42% |
| 2011-12-31 | CN¥1.62 Billion | +166.73% |
| 2010-12-31 | CN¥607.89 Million | +35.91% |
| 2009-12-31 | CN¥447.26 Million | +165.89% |
| 2008-12-31 | CN¥168.21 Million | +87.10% |
| 2007-12-31 | CN¥89.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Focused Photonics Hangzhou 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 158723275321.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.57 Billion | 50.53% |
| Common Stock | CN¥448.74 Million | 14.40% |
| Other Components | CN¥1.09 Billion | 35.07% |
| Total Equity | CN¥3.12 Billion | 100.00% |
Focused Photonics Hangzhou Inc Competitors by Market Cap
The table below lists competitors of Focused Photonics Hangzhou Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Centrotec SE
HM:CEV
|
$615.53 Million |
|
VESTJYSK BANK NAM. DK 1
F:24V
|
$615.63 Million |
|
AG Anadolu Group Holding
IS:AGHOL
|
$615.78 Million |
|
Stagwell Inc
NASDAQ:STGW
|
$615.84 Million |
|
HelloFresh SE Bearer Shares
F:HFG
|
$615.52 Million |
|
Aoshikang Technology Co Ltd Class A
SHE:002913
|
$615.48 Million |
|
Wuxi ETEK Microelectronics Co Ltd
SHG:688601
|
$614.92 Million |
|
Embla Medical hf
CO:EMBLA
|
$614.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Focused Photonics Hangzhou Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,908,947,304 to 3,115,742,169, a change of 206,794,865 (7.1%).
- Net income of 206,861,838 contributed positively to equity growth.
- Dividend payments of 150,256,838 reduced retained earnings.
- Share repurchases of 417,600 reduced equity.
- Other factors increased equity by 150,607,465.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥206.86 Million | +6.64% |
| Dividends Paid | CN¥150.26 Million | -4.82% |
| Share Repurchases | CN¥417.60K | -0.01% |
| Other Changes | CN¥150.61 Million | +4.83% |
| Total Change | CN¥- | 7.11% |
Book Value vs Market Value Analysis
This analysis compares Focused Photonics Hangzhou 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: 2.10x
- 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 16.19x to 2.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.90 | CN¥14.53 | x |
| 2008-12-31 | CN¥1.77 | CN¥14.53 | x |
| 2009-12-31 | CN¥1.12 | CN¥14.53 | x |
| 2010-12-31 | CN¥1.50 | CN¥14.53 | x |
| 2011-12-31 | CN¥3.80 | CN¥14.53 | x |
| 2012-12-31 | CN¥4.01 | CN¥14.53 | x |
| 2013-12-31 | CN¥4.30 | CN¥14.53 | x |
| 2014-12-31 | CN¥4.64 | CN¥14.53 | x |
| 2015-12-31 | CN¥5.23 | CN¥14.53 | x |
| 2016-12-31 | CN¥6.06 | CN¥14.53 | x |
| 2017-12-31 | CN¥6.99 | CN¥14.53 | x |
| 2018-12-31 | CN¥7.74 | CN¥14.53 | x |
| 2019-12-31 | CN¥7.52 | CN¥14.53 | x |
| 2020-12-31 | CN¥8.47 | CN¥14.53 | x |
| 2021-12-31 | CN¥7.86 | CN¥14.53 | x |
| 2022-12-31 | CN¥7.24 | CN¥14.53 | x |
| 2023-12-31 | CN¥6.49 | CN¥14.53 | x |
| 2024-12-31 | CN¥6.93 | CN¥14.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Focused Photonics Hangzhou 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): 6.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.72%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 3.02x
- Recent ROE (6.64%) is below the historical average (11.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 10.03% | 6.57% | 0.48x | 3.18x | CN¥24.32K |
| 2008 | 46.96% | 22.50% | 0.72x | 2.90x | CN¥62.65 Million |
| 2009 | 30.31% | 25.09% | 0.62x | 1.94x | CN¥88.74 Million |
| 2010 | 26.67% | 24.84% | 0.64x | 1.67x | CN¥101.19 Million |
| 2011 | 10.78% | 22.84% | 0.36x | 1.33x | CN¥12.70 Million |
| 2012 | 9.97% | 21.22% | 0.37x | 1.28x | CN¥-463.64K |
| 2013 | 8.37% | 16.91% | 0.39x | 1.27x | CN¥-31.07 Million |
| 2014 | 9.27% | 15.65% | 0.42x | 1.40x | CN¥-15.20 Million |
| 2015 | 10.51% | 13.48% | 0.45x | 1.75x | CN¥12.02 Million |
| 2016 | 14.68% | 17.13% | 0.43x | 1.98x | CN¥128.33 Million |
| 2017 | 14.30% | 16.04% | 0.44x | 2.03x | CN¥135.01 Million |
| 2018 | 17.18% | 15.72% | 0.48x | 2.25x | CN¥251.29 Million |
| 2019 | 1.20% | 1.02% | 0.46x | 2.56x | CN¥-292.93 Million |
| 2020 | 12.99% | 11.93% | 0.44x | 2.49x | CN¥112.65 Million |
| 2021 | -6.61% | -6.20% | 0.36x | 2.93x | CN¥-583.97 Million |
| 2022 | -11.61% | -10.86% | 0.34x | 3.19x | CN¥-697.69 Million |
| 2023 | -11.09% | -10.14% | 0.33x | 3.34x | CN¥-613.54 Million |
| 2024 | 6.64% | 5.72% | 0.38x | 3.02x | CN¥-104.71 Million |
Industry Comparison
This section compares Focused Photonics Hangzhou Inc's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,378,475,075
- Average return on equity (ROE) among peers: 6.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Focused Photonics Hangzhou Inc (300203) | CN¥3.08 Billion | 10.03% | 1.85x | $615.52 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $336.27 Million | 15.18% | 0.44x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $265.90 Million | 3.28% | 0.57x | $467.89 Million |
| Changchun UP Optotech Co Ltd (002338) | $971.85 Million | 5.05% | 0.11x | $889.31 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $2.26 Billion | 5.63% | 0.22x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $3.68 Billion | 3.33% | 0.11x | $2.23 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $2.35 Billion | 2.56% | 0.03x | $2.95 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $185.20 Million | 27.75% | 0.57x | $387.91 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.15 Billion | 6.55% | 0.42x | $342.81 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $852.04 Million | -11.22% | 1.16x | $391.05 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $739.66 Million | 3.72% | 0.20x | $186.62 Million |