Shenzhen Absen Optoelectronic Co Ltd Net Assets
Shenzhen Absen Optoelectronic Co Ltd net assets. Based on the latest financial reports, Shenzhen Absen Optoelectronic Co Ltd (300389) has net assets worth CN¥1.66 Billion CNY (≈ $243.49 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¥4.30 Billion ≈ $629.30 Million USD) and total liabilities (CN¥2.64 Billion ≈ $385.81 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. Also explore Shenzhen Absen Optoelectronic Co Ltd (300389) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.66 Billion |
| % of Total Assets | 38.69% |
| Annual Growth Rate | 24.35% |
| 5-Year Change | 29.16% |
| 10-Year Change | 78.11% |
| Growth Volatility | 35.0 |
Net Assets of Shenzhen Absen Optoelectronic Co Ltd (2009–2024)
Net assets of Shenzhen Absen Optoelectronic Co Ltd from 2009 to 2024. This chart illustrates how Shenzhen Absen Optoelectronic Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shenzhen Absen Optoelectronic Co Ltd net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Shenzhen Absen Optoelectronic Co Ltd (2009–2024)
The table below shows the annual net assets of Shenzhen Absen Optoelectronic Co Ltd from 2009 to 2024. For live market cap and overall valuation, see 300389 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.54 Billion ≈ $224.88 Million |
+5.15% |
| 2023-12-31 | CN¥1.46 Billion ≈ $213.86 Million |
+23.46% |
| 2022-12-31 | CN¥1.18 Billion ≈ $173.22 Million |
-2.59% |
| 2021-12-31 | CN¥1.22 Billion ≈ $177.83 Million |
+2.14% |
| 2020-12-31 | CN¥1.19 Billion ≈ $174.10 Million |
-6.79% |
| 2019-12-31 | CN¥1.28 Billion ≈ $186.78 Million |
+0.37% |
| 2018-12-31 | CN¥1.27 Billion ≈ $186.09 Million |
+21.38% |
| 2017-12-31 | CN¥1.05 Billion ≈ $153.31 Million |
+6.60% |
| 2016-12-31 | CN¥982.82 Million ≈ $143.82 Million |
+13.91% |
| 2015-12-31 | CN¥862.83 Million ≈ $126.26 Million |
+16.99% |
| 2014-12-31 | CN¥737.55 Million ≈ $107.93 Million |
+112.04% |
| 2013-12-31 | CN¥347.84 Million ≈ $50.90 Million |
+31.85% |
| 2012-12-31 | CN¥263.82 Million ≈ $38.61 Million |
+62.21% |
| 2011-12-31 | CN¥162.64 Million ≈ $23.80 Million |
+99.02% |
| 2010-12-31 | CN¥81.72 Million ≈ $11.96 Million |
+39.74% |
| 2009-12-31 | CN¥58.48 Million ≈ $8.56 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Absen Optoelectronic 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 1812.1% over the analyzed period, indicating profitable operations and earnings retention.
Shenzhen Absen Optoelectronic Co Ltd Net Assets Breakdown (December 2024)
Shenzhen Absen Optoelectronic Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥639.26 Million | 42.24% |
| Common Stock | CN¥369.10 Million | 24.39% |
| Other Comprehensive Income | CN¥154.63 Million | 10.22% |
| Other Components | CN¥350.56 Million | 23.16% |
| Total Equity | CN¥1.51 Billion | 100.00% |
Shenzhen Absen Optoelectronic Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Absen Optoelectronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiangpiaopiao Food Co Ltd
SHG:603711
|
$660.35 Million |
|
Campus Activewear Limited
NSE:CAMPUS
|
$660.38 Million |
|
DCB Bank Limited
NSE:DCBBANK
|
$660.46 Million |
|
Chengdu Huaqi Houpu Holding Co Ltd
SHE:300471
|
$660.47 Million |
|
Relx PLC
LSE:REL
|
$659.96 Million |
|
Aucma Co Ltd
SHG:600336
|
$659.78 Million |
|
Cars.com Inc
NYSE:CARS
|
$659.52 Million |
|
Red River Bancshares Inc
NASDAQ:RRBI
|
$659.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Absen Optoelectronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,434,069,014 to 1,513,549,590, a change of 79,480,576 (5.5%).
- Net income of 116,893,358 contributed positively to equity growth.
- Dividend payments of 109,156,161 reduced retained earnings.
- Other comprehensive income increased equity by 154,627,152.
- Other factors decreased equity by 82,883,773.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥116.89 Million | +7.72% |
| Dividends Paid | CN¥109.16 Million | -7.21% |
| Other Comprehensive Income | CN¥154.63 Million | +10.22% |
| Other Changes | CN¥-82.88 Million | -5.48% |
| Total Change | CN¥- | 5.54% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Absen Optoelectronic 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: 2.98x
- 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 50.13x to 2.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.24 | CN¥12.22 | x |
| 2010-12-31 | CN¥0.34 | CN¥12.22 | x |
| 2011-12-31 | CN¥0.64 | CN¥12.22 | x |
| 2012-12-31 | CN¥1.04 | CN¥12.22 | x |
| 2013-12-31 | CN¥1.37 | CN¥12.22 | x |
| 2014-12-31 | CN¥2.64 | CN¥12.22 | x |
| 2015-12-31 | CN¥2.71 | CN¥12.22 | x |
| 2016-12-31 | CN¥3.07 | CN¥12.22 | x |
| 2017-12-31 | CN¥3.27 | CN¥12.22 | x |
| 2018-12-31 | CN¥3.97 | CN¥12.22 | x |
| 2019-12-31 | CN¥4.07 | CN¥12.22 | x |
| 2020-12-31 | CN¥3.80 | CN¥12.22 | x |
| 2021-12-31 | CN¥3.89 | CN¥12.22 | x |
| 2022-12-31 | CN¥3.47 | CN¥12.22 | x |
| 2023-12-31 | CN¥3.90 | CN¥12.22 | x |
| 2024-12-31 | CN¥4.10 | CN¥12.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Absen Optoelectronic 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): 7.72%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.19%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.43x
- Recent ROE (7.72%) is below the historical average (20.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 29.49% | 11.10% | 1.32x | 2.02x | CN¥11.40 Million |
| 2010 | 57.81% | 17.86% | 1.58x | 2.04x | CN¥39.07 Million |
| 2011 | 35.61% | 13.95% | 1.50x | 1.70x | CN¥41.66 Million |
| 2012 | 38.35% | 16.22% | 1.33x | 1.78x | CN¥74.80 Million |
| 2013 | 32.86% | 15.66% | 1.10x | 1.90x | CN¥79.53 Million |
| 2014 | 21.54% | 14.72% | 0.87x | 1.68x | CN¥85.09 Million |
| 2015 | 14.66% | 12.39% | 0.77x | 1.54x | CN¥39.89 Million |
| 2016 | 15.53% | 12.98% | 0.71x | 1.69x | CN¥53.92 Million |
| 2017 | 10.17% | 6.85% | 0.86x | 1.73x | CN¥1.77 Million |
| 2018 | 18.94% | 12.11% | 0.94x | 1.66x | CN¥113.55 Million |
| 2019 | 8.39% | 4.92% | 0.97x | 1.75x | CN¥-20.65 Million |
| 2020 | -5.96% | -4.33% | 0.77x | 1.78x | CN¥-190.45 Million |
| 2021 | 2.46% | 1.29% | 0.86x | 2.22x | CN¥-91.92 Million |
| 2022 | 17.11% | 7.26% | 0.93x | 2.54x | CN¥84.37 Million |
| 2023 | 22.02% | 7.88% | 1.01x | 2.77x | CN¥172.33 Million |
| 2024 | 7.72% | 3.19% | 1.00x | 2.43x | CN¥-34.46 Million |
Industry Comparison
This section compares Shenzhen Absen Optoelectronic Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $6,970,505,376
- Average return on equity (ROE) among peers: 12.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Absen Optoelectronic Co Ltd (300389) | CN¥1.66 Billion | 29.49% | 1.58x | $660.01 Million |
| Konka Group Co Ltd (000016) | $4.25 Billion | 1.08% | 2.90x | $574.73 Million |
| Tianma Microelectronics Co Ltd (000050) | $24.49 Billion | 4.46% | 1.24x | $2.03 Billion |
| Guangdong Goworld Co Ltd (000823) | $2.08 Billion | 8.75% | 0.62x | $1.55 Billion |
| Soyea Technology Co Ltd (000909) | $619.17 Million | 3.70% | 3.31x | $279.90 Million |
| Guoguang Electric Co Ltd (002045) | $185.28 Million | 26.33% | 1.12x | $740.78 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $2.28 Billion | 6.57% | 0.16x | $4.07 Billion |
| Goertek Inc (002241) | $34.05 Billion | 7.83% | 1.43x | $12.28 Billion |
| Edifier Technology Co Ltd (002351) | $155.80 Million | 49.59% | 0.79x | $1.54 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $526.42 Million | 13.50% | 1.36x | $361.71 Million |
| Guangdong Chant Group Inc (002616) | $1.08 Billion | 5.55% | 0.71x | $603.51 Million |
About Shenzhen Absen Optoelectronic Co Ltd
Shenzhen Absen Optoelectronic Co.,Ltd. engages in the research and development, production, sales, and service of LED application products in China. The company provides LED large-screen display products and professional audio-visual solutions; and indoor, outdoor, rental, MicroLED, AbsenLive, All-in-One Screen, and creative display solutions. Its products are used in DOOH, retail, commercial dis… Read more