Unilumin Group Co Ltd (300232) - Net Assets
Based on the latest financial reports, Unilumin Group Co Ltd (300232) has net assets worth CN¥4.47 Billion CNY (≈ $653.64 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.71 Billion ≈ $1.42 Billion USD) and total liabilities (CN¥5.24 Billion ≈ $767.41 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 Unilumin Group Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.47 Billion |
| % of Total Assets | 46.0% |
| Annual Growth Rate | 34.85% |
| 5-Year Change | -1.82% |
| 10-Year Change | 197.84% |
| Growth Volatility | 62.78 |
Unilumin Group Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Unilumin Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Unilumin Group Co Ltd (300232) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Unilumin Group Co Ltd (2008–2025)
The table below shows the annual net assets of Unilumin Group Co Ltd from 2008 to 2025. For live valuation and market cap data, see Unilumin Group Co Ltd (300232) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.54 Billion ≈ $663.88 Million |
-3.76% |
| 2024-12-31 | CN¥4.71 Billion ≈ $689.80 Million |
+0.52% |
| 2023-12-31 | CN¥4.69 Billion ≈ $686.23 Million |
+2.00% |
| 2022-12-31 | CN¥4.60 Billion ≈ $672.78 Million |
-0.50% |
| 2021-12-31 | CN¥4.62 Billion ≈ $676.19 Million |
+30.88% |
| 2020-12-31 | CN¥3.53 Billion ≈ $516.66 Million |
+14.12% |
| 2019-12-31 | CN¥3.09 Billion ≈ $452.72 Million |
+17.97% |
| 2018-12-31 | CN¥2.62 Billion ≈ $383.76 Million |
+28.15% |
| 2017-12-31 | CN¥2.05 Billion ≈ $299.47 Million |
+34.35% |
| 2016-12-31 | CN¥1.52 Billion ≈ $222.89 Million |
+46.58% |
| 2015-12-31 | CN¥1.04 Billion ≈ $152.07 Million |
+53.56% |
| 2014-12-31 | CN¥676.76 Million ≈ $99.03 Million |
+11.66% |
| 2013-12-31 | CN¥606.10 Million ≈ $88.69 Million |
+4.32% |
| 2012-12-31 | CN¥580.98 Million ≈ $85.02 Million |
+6.00% |
| 2011-12-31 | CN¥548.07 Million ≈ $80.20 Million |
+223.79% |
| 2010-12-31 | CN¥169.27 Million ≈ $24.77 Million |
+148.00% |
| 2009-12-31 | CN¥68.25 Million ≈ $9.99 Million |
+142.52% |
| 2008-12-31 | CN¥28.14 Million ≈ $4.12 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Unilumin Group 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 10018.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.65 Billion | 35.93% |
| Other Components | CN¥2.95 Billion | 64.07% |
| Total Equity | CN¥4.60 Billion | 100.00% |
Unilumin Group Co Ltd Competitors by Market Cap
The table below lists competitors of Unilumin Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Star Petroleum Refining Co Ltd
BK:SPRC
|
$946.02 Million |
|
Morguard Corporation
TO:MRC
|
$946.09 Million |
|
Aebi Schmidt Holding AG - Common Stock
NASDAQ:AEBI
|
$946.35 Million |
|
Sungho Electronics Corp
KQ:043260
|
$946.43 Million |
|
Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A
SHE:301339
|
$945.17 Million |
|
Piraeus Port Authority S.A
AT:PPA
|
$945.00 Million |
|
China Reinsurance (Group) Corporation
F:C53
|
$944.88 Million |
|
National Presto Industries Inc
NYSE:NPK
|
$944.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Unilumin Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,772,154,778 to 4,598,595,354, a change of -173,559,424 (-3.6%).
- Net income of 63,162,028 contributed positively to equity growth.
- Dividend payments of 276,432,511 reduced retained earnings.
- Other comprehensive income decreased equity by 205,157,945.
- Other factors increased equity by 244,869,004.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥63.16 Million | +1.37% |
| Dividends Paid | CN¥276.43 Million | -6.01% |
| Other Comprehensive Income | CN¥-205.16 Million | -4.46% |
| Other Changes | CN¥244.87 Million | +5.32% |
| Total Change | CN¥- | -3.64% |
Book Value vs Market Value Analysis
This analysis compares Unilumin Group 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: 1.40x
- 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 116.88x to 1.40x 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¥0.05 | CN¥5.94 | x |
| 2009-12-31 | CN¥0.12 | CN¥5.94 | x |
| 2010-12-31 | CN¥0.32 | CN¥5.94 | x |
| 2011-12-31 | CN¥1.12 | CN¥5.94 | x |
| 2012-12-31 | CN¥0.76 | CN¥5.94 | x |
| 2013-12-31 | CN¥0.81 | CN¥5.94 | x |
| 2014-12-31 | CN¥0.88 | CN¥5.94 | x |
| 2015-12-31 | CN¥1.41 | CN¥5.94 | x |
| 2016-12-31 | CN¥1.83 | CN¥5.94 | x |
| 2017-12-31 | CN¥2.02 | CN¥5.94 | x |
| 2018-12-31 | CN¥2.58 | CN¥5.94 | x |
| 2019-12-31 | CN¥3.25 | CN¥5.94 | x |
| 2020-12-31 | CN¥3.60 | CN¥5.94 | x |
| 2021-12-31 | CN¥4.31 | CN¥5.94 | x |
| 2022-12-31 | CN¥4.36 | CN¥5.94 | x |
| 2023-12-31 | CN¥4.26 | CN¥5.94 | x |
| 2024-12-31 | CN¥4.30 | CN¥5.94 | x |
| 2025-12-31 | CN¥4.23 | CN¥5.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unilumin Group 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): 1.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.78%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.22x
- Recent ROE (1.37%) is below the historical average (13.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 58.90% | 7.00% | 2.29x | 3.67x | CN¥13.76 Million |
| 2009 | 44.11% | 9.63% | 2.04x | 2.25x | CN¥23.28 Million |
| 2010 | 33.09% | 11.18% | 1.76x | 1.68x | CN¥39.09 Million |
| 2011 | 8.34% | 8.59% | 0.71x | 1.36x | CN¥-9.11 Million |
| 2012 | 4.03% | 3.73% | 0.64x | 1.69x | CN¥-33.60 Million |
| 2013 | 5.60% | 4.18% | 0.78x | 1.73x | CN¥-25.94 Million |
| 2014 | 9.42% | 6.25% | 0.73x | 2.07x | CN¥-3.75 Million |
| 2015 | 11.03% | 8.69% | 0.77x | 1.65x | CN¥10.58 Million |
| 2016 | 11.01% | 9.53% | 0.67x | 1.72x | CN¥15.24 Million |
| 2017 | 15.85% | 9.38% | 0.62x | 2.73x | CN¥104.91 Million |
| 2018 | 17.41% | 9.11% | 0.70x | 2.71x | CN¥175.53 Million |
| 2019 | 17.86% | 9.46% | 0.75x | 2.53x | CN¥233.23 Million |
| 2020 | 3.33% | 2.37% | 0.61x | 2.31x | CN¥-235.68 Million |
| 2021 | 3.94% | 2.53% | 0.67x | 2.33x | CN¥-280.88 Million |
| 2022 | 1.38% | 0.90% | 0.72x | 2.13x | CN¥-398.97 Million |
| 2023 | 3.05% | 1.95% | 0.72x | 2.18x | CN¥-328.47 Million |
| 2024 | 2.09% | 1.28% | 0.74x | 2.21x | CN¥-377.33 Million |
| 2025 | 1.37% | 0.78% | 0.79x | 2.22x | CN¥-396.70 Million |
Industry Comparison
This section compares Unilumin Group Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $21,404,927,234
- Average return on equity (ROE) among peers: 44.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unilumin Group Co Ltd (300232) | CN¥4.47 Billion | 58.90% | 1.17x | $945.22 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.94 Million | 3.75% | 1.41x | $305.93 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $202.23 Million | 1.58% | 1.20x | $1.35 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $116.44 Million | -93.06% | 2.61x | $481.70 Million |
| CPT Technology Group Co Ltd (000536) | $52.05 Million | 490.89% | 0.65x | $1.46 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $5.53 Billion | 18.40% | 0.27x | $12.63 Billion |
| Xiamen Xindeco Ltd (000701) | $920.35 Million | 5.21% | 1.79x | $491.49 Million |
| BOE Technology Group Co Ltd (000725) | $197.80 Billion | 1.29% | 1.12x | $34.84 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $2.43 Billion | 3.50% | 0.53x | $4.85 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $5.48 Billion | 2.36% | 0.29x | $2.66 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.25 Billion | 7.05% | 0.10x | $4.23 Billion |
About Unilumin Group Co Ltd
Unilumin Group Co., Ltd together with its subsidiaries, designs, develops, manufactures, sells, and services LED display and lighting solutions in China and internationally. It offers LED displays solutions, including professional, commercial, and smart conference display solutions; sports venues and events display solutions; and rental and staging display solutions. The company also provides LED… Read more