Shenzhen Absen Optoelectronic Co Ltd (300389) - 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. Check Shenzhen Absen Optoelectronic Co Ltd (300389) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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 |
Shenzhen Absen Optoelectronic Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Shenzhen Absen Optoelectronic Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Absen Optoelectronic Co Ltd balance sheet assets for the complete picture of this company's asset base.
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 valuation and market cap data, see how much is Shenzhen Absen Optoelectronic Co Ltd worth.
| 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 |
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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.
Current Equity Component Breakdown (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 |
|---|---|
|
Cementos Pacasmayo SAA ADR
NYSE:CPAC
|
$884.47 Million |
|
Shanghai Kaibao Pharmaceutical
SHE:300039
|
$884.70 Million |
|
China Petrochemical Development Corp
TW:1314
|
$884.79 Million |
|
CW Enerji SA
IS:CWENE
|
$884.89 Million |
|
SDI Corp
TW:2351
|
$883.71 Million |
|
CNB Financial Corporation
NASDAQ:CCNE
|
$883.70 Million |
|
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
|
$883.51 Million |
|
Evertz Technologies Limited
TO:ET
|
$882.95 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: 3.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 67.15x to 3.99x 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¥16.37 | x |
| 2010-12-31 | CN¥0.34 | CN¥16.37 | x |
| 2011-12-31 | CN¥0.64 | CN¥16.37 | x |
| 2012-12-31 | CN¥1.04 | CN¥16.37 | x |
| 2013-12-31 | CN¥1.37 | CN¥16.37 | x |
| 2014-12-31 | CN¥2.64 | CN¥16.37 | x |
| 2015-12-31 | CN¥2.71 | CN¥16.37 | x |
| 2016-12-31 | CN¥3.07 | CN¥16.37 | x |
| 2017-12-31 | CN¥3.27 | CN¥16.37 | x |
| 2018-12-31 | CN¥3.97 | CN¥16.37 | x |
| 2019-12-31 | CN¥4.07 | CN¥16.37 | x |
| 2020-12-31 | CN¥3.80 | CN¥16.37 | x |
| 2021-12-31 | CN¥3.89 | CN¥16.37 | x |
| 2022-12-31 | CN¥3.47 | CN¥16.37 | x |
| 2023-12-31 | CN¥3.90 | CN¥16.37 | x |
| 2024-12-31 | CN¥4.10 | CN¥16.37 | 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: $3,270,610,270
- Average return on equity (ROE) among peers: 6.07%
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 | $884.16 Million |
| Konka Group Co Ltd (000016) | $3.29 Billion | 3.02% | 1.93x | $756.97 Million |
| Tianma Microelectronics Co Ltd (000050) | $13.76 Billion | 4.14% | 0.58x | $2.74 Billion |
| Guangdong Goworld Co Ltd (000823) | $1.01 Billion | 4.02% | 1.24x | $1.17 Billion |
| Soyea Technology Co Ltd (000909) | $1.98 Billion | 4.97% | 1.20x | $298.48 Million |
| Guoguang Electric Co Ltd (002045) | $650.56 Million | 7.89% | 0.74x | $928.45 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $6.77 Billion | 16.55% | 0.95x | $4.51 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $1.14 Billion | -2.98% | 0.48x | $318.38 Million |
| Goertek Inc (002241) | $874.59 Million | 14.02% | 0.63x | $12.71 Billion |
| Edifier Technology Co Ltd (002351) | $1.57 Billion | 6.28% | 0.09x | $1.45 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $1.66 Billion | 2.84% | 1.44x | $440.55 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