Shenzhen Refond Optoelectronics Co Ltd
Shenzhen Refond Optoelectronics Co.,Ltd. engages in the manufacture and supply of lighting solutions worldwide. The company offers automotive interior and exterior lighting products; electrical products, including light sensing, infrared, optical coupler, and CHIP LED products; display products, such as backlit, touch display, RGB, and MINI direct display products; and lighting products comprisin… Read more
Shenzhen Refond Optoelectronics Co Ltd (300241) - Net Assets
Latest net assets as of September 2025: CN¥2.25 Billion CNY
Based on the latest financial reports, Shenzhen Refond Optoelectronics Co Ltd (300241) has net assets worth CN¥2.25 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¥3.65 Billion) and total liabilities (CN¥1.39 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¥2.25 Billion |
| % of Total Assets | 61.86% |
| Annual Growth Rate | 24.22% |
| 5-Year Change | 71.48% |
| 10-Year Change | 225.95% |
| Growth Volatility | 46.49 |
Shenzhen Refond Optoelectronics Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Shenzhen Refond Optoelectronics 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 Shenzhen Refond Optoelectronics Co Ltd (2008–2024)
The table below shows the annual net assets of Shenzhen Refond Optoelectronics Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.15 Billion | +2.61% |
| 2023-12-31 | CN¥2.09 Billion | -2.35% |
| 2022-12-31 | CN¥2.14 Billion | -0.24% |
| 2021-12-31 | CN¥2.15 Billion | +71.55% |
| 2020-12-31 | CN¥1.25 Billion | +4.54% |
| 2019-12-31 | CN¥1.20 Billion | -10.56% |
| 2018-12-31 | CN¥1.34 Billion | +9.17% |
| 2017-12-31 | CN¥1.23 Billion | +19.48% |
| 2016-12-31 | CN¥1.03 Billion | +55.86% |
| 2015-12-31 | CN¥658.13 Million | +2.81% |
| 2014-12-31 | CN¥640.13 Million | +5.87% |
| 2013-12-31 | CN¥604.67 Million | +13.43% |
| 2012-12-31 | CN¥533.06 Million | +7.75% |
| 2011-12-31 | CN¥494.72 Million | +151.67% |
| 2010-12-31 | CN¥196.58 Million | +28.83% |
| 2009-12-31 | CN¥152.59 Million | +128.76% |
| 2008-12-31 | CN¥66.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Refond Optoelectronics 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 756.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥360.23 Million | 16.89% |
| Common Stock | CN¥686.21 Million | 32.18% |
| Other Components | CN¥1.09 Billion | 50.93% |
| Total Equity | CN¥2.13 Billion | 100.00% |
Shenzhen Refond Optoelectronics Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Refond Optoelectronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zevra Therapeutics Inc.
NASDAQ:ZVRA
|
$499.22 Million |
|
Nextdoor Holdings Inc
NYSE:KIND
|
$499.23 Million |
|
Hanjin Kal
KO:18064K
|
$499.44 Million |
|
Shanghai CEO Environmental Protection Technology Co Ltd
SHG:688335
|
$499.44 Million |
|
Catapult Group International Limited
PINK:CAZGF
|
$499.11 Million |
|
MarineMax Inc
NYSE:HZO
|
$499.11 Million |
|
Canada Goose Holdings Inc
NYSE:GOOS
|
$499.04 Million |
|
Suzhou Douson Drilling & Production Equipment Co Ltd
SHG:603800
|
$499.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Refond Optoelectronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,081,383,774 to 2,132,437,737, a change of 51,053,963 (2.5%).
- Net income of 31,584,468 contributed positively to equity growth.
- Dividend payments of 14,374,234 reduced retained earnings.
- Share repurchases of 1,310,100 reduced equity.
- Other comprehensive income increased equity by 3,715,480.
- Other factors increased equity by 31,438,349.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥31.58 Million | +1.48% |
| Dividends Paid | CN¥14.37 Million | -0.67% |
| Share Repurchases | CN¥1.31 Million | -0.06% |
| Other Comprehensive Income | CN¥3.72 Million | +0.17% |
| Other Changes | CN¥31.44 Million | +1.47% |
| Total Change | CN¥- | 2.45% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Refond Optoelectronics 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: 2.30x
- 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 8.51x to 2.30x 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¥0.84 | CN¥7.17 | x |
| 2009-12-31 | CN¥1.93 | CN¥7.17 | x |
| 2010-12-31 | CN¥0.62 | CN¥7.17 | x |
| 2011-12-31 | CN¥1.37 | CN¥7.17 | x |
| 2012-12-31 | CN¥1.24 | CN¥7.17 | x |
| 2013-12-31 | CN¥1.40 | CN¥7.17 | x |
| 2014-12-31 | CN¥1.49 | CN¥7.17 | x |
| 2015-12-31 | CN¥1.50 | CN¥7.17 | x |
| 2016-12-31 | CN¥2.32 | CN¥7.17 | x |
| 2017-12-31 | CN¥2.36 | CN¥7.17 | x |
| 2018-12-31 | CN¥2.54 | CN¥7.17 | x |
| 2019-12-31 | CN¥2.23 | CN¥7.17 | x |
| 2020-12-31 | CN¥2.31 | CN¥7.17 | x |
| 2021-12-31 | CN¥3.35 | CN¥7.17 | x |
| 2022-12-31 | CN¥3.11 | CN¥7.17 | x |
| 2023-12-31 | CN¥3.05 | CN¥7.17 | x |
| 2024-12-31 | CN¥3.11 | CN¥7.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Refond Optoelectronics 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): 1.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.04%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.59x
- Recent ROE (1.48%) is below the historical average (6.85%), 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 | 26.06% | 16.58% | 1.21x | 1.29x | CN¥10.71 Million |
| 2009 | 14.41% | 11.78% | 0.90x | 1.36x | CN¥6.73 Million |
| 2010 | 22.38% | 16.82% | 0.88x | 1.51x | CN¥24.34 Million |
| 2011 | 6.70% | 11.38% | 0.50x | 1.17x | CN¥-16.32 Million |
| 2012 | 8.79% | 9.37% | 0.70x | 1.33x | CN¥-6.44 Million |
| 2013 | 9.36% | 8.30% | 0.75x | 1.51x | CN¥-3.86 Million |
| 2014 | 3.73% | 2.63% | 0.73x | 1.94x | CN¥-40.14 Million |
| 2015 | 5.05% | 3.60% | 0.78x | 1.80x | CN¥-32.57 Million |
| 2016 | 4.88% | 4.24% | 0.62x | 1.85x | CN¥-52.47 Million |
| 2017 | 10.95% | 8.47% | 0.66x | 1.96x | CN¥11.68 Million |
| 2018 | 6.45% | 5.52% | 0.65x | 1.81x | CN¥-47.37 Million |
| 2019 | -10.58% | -9.19% | 0.64x | 1.79x | CN¥-245.28 Million |
| 2020 | 3.86% | 3.91% | 0.55x | 1.79x | CN¥-76.46 Million |
| 2021 | 4.55% | 6.60% | 0.43x | 1.60x | CN¥-116.61 Million |
| 2022 | 0.63% | 1.01% | 0.37x | 1.71x | CN¥-200.04 Million |
| 2023 | -2.21% | -3.34% | 0.38x | 1.72x | CN¥-254.07 Million |
| 2024 | 1.48% | 2.04% | 0.46x | 1.59x | CN¥-181.66 Million |
Industry Comparison
This section compares Shenzhen Refond Optoelectronics Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $957,636,311
- Average return on equity (ROE) among peers: 5.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Refond Optoelectronics Co Ltd (300241) | CN¥2.25 Billion | 26.06% | 0.62x | $499.20 Million |
| UniTTEC Co Ltd (000925) | $607.71 Million | 8.84% | 2.77x | $589.52 Million |
| Zhejiang Chengchang Technology Co. Ltd. (001270) | $211.19 Million | 31.55% | 0.24x | $1.22 Billion |
| Shenzhen Techwinsemi Technology Co. Ltd. (001309) | $1.12 Billion | 2.23% | 1.93x | $5.92 Billion |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $425.09 Million | 8.02% | 0.15x | $6.22 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $1.63 Billion | 10.59% | 0.73x | $688.36 Million |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $1.51 Billion | 7.50% | 0.16x | $814.30 Million |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $556.45 Million | 9.72% | 0.74x | $853.88 Million |
| Tianjin Printronics Circuit Corp (002134) | $522.30 Million | -9.24% | 0.37x | $568.06 Million |
| Tatwah Smartech Co Ltd (002512) | $1.49 Billion | -23.01% | 2.27x | $465.34 Million |
| Chutian Dragon Co Ltd (003040) | $1.50 Billion | 4.69% | 0.35x | $511.70 Million |