Optics Technology Holding Co Ltd
Optics Technology Holding Co.,Ltd engages in the research, development, production, and sale of infrared optic materials, infrared components, and thermal cameras in China and internationally. The company's infrared materials include germanium, zinc selenide, zinc sulfide, chalcogenide glass. It also provides infrared components, such as infrared detectors, camera core and modules, and infrared l… Read more
Optics Technology Holding Co Ltd (300489) - Net Assets
Latest net assets as of September 2025: CN¥947.28 Million CNY
Based on the latest financial reports, Optics Technology Holding Co Ltd (300489) has net assets worth CN¥947.28 Million 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¥4.36 Billion) and total liabilities (CN¥3.41 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¥947.28 Million |
| % of Total Assets | 21.75% |
| Annual Growth Rate | 15.56% |
| 5-Year Change | 140.28% |
| 10-Year Change | 110.41% |
| Growth Volatility | 349.24 |
Optics Technology Holding Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Optics Technology Holding 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 Optics Technology Holding Co Ltd (2011–2024)
The table below shows the annual net assets of Optics Technology Holding Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥907.68 Million | +1307.16% |
| 2023-12-31 | CN¥64.50 Million | -78.40% |
| 2022-12-31 | CN¥298.63 Million | -24.83% |
| 2021-12-31 | CN¥397.26 Million | +5.17% |
| 2020-12-31 | CN¥377.75 Million | +6.68% |
| 2019-12-31 | CN¥354.11 Million | -24.15% |
| 2018-12-31 | CN¥466.88 Million | +0.04% |
| 2017-12-31 | CN¥466.68 Million | +2.11% |
| 2016-12-31 | CN¥457.06 Million | +5.95% |
| 2015-12-31 | CN¥431.39 Million | +79.53% |
| 2014-12-31 | CN¥240.29 Million | +17.63% |
| 2013-12-31 | CN¥204.28 Million | +19.84% |
| 2012-12-31 | CN¥170.46 Million | +23.13% |
| 2011-12-31 | CN¥138.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Optics Technology Holding 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 decreased by 746.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥137.67 Million | 22.34% |
| Other Components | CN¥737.18 Million | 119.61% |
| Total Equity | CN¥616.31 Million | 100.00% |
Optics Technology Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Optics Technology Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AstraZeneca Pharma India Limited
NSE:ASTRAZEN
|
$449.10 Million |
|
Veken Elite
SHG:600152
|
$449.25 Million |
|
Electrolux Professional AB (publ)
OTCGREY:ECTXF
|
$449.33 Million |
|
Armada Hflr Pr
NYSE:AHH
|
$449.55 Million |
|
PAR TECHNOLOGY DL-02
F:35U
|
$448.95 Million |
|
Gruppo MutuiOnline S.p.A.
LSE:0O2B
|
$448.92 Million |
|
Djerriwarrh Investments Ltd
AU:DJW
|
$448.79 Million |
|
P10 Inc
NYSE:PX
|
$448.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Optics Technology Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 64,504,178 to 616,312,773, a change of 551,808,595 (855.5%).
- Net income of 12,257,095 contributed positively to equity growth.
- Dividend payments of 50,043,918 reduced retained earnings.
- Other comprehensive income decreased equity by 18,794,758.
- Other factors increased equity by 608,390,176.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥12.26 Million | +1.99% |
| Dividends Paid | CN¥50.04 Million | -8.12% |
| Other Comprehensive Income | CN¥-18.79 Million | -3.05% |
| Other Changes | CN¥608.39 Million | +98.71% |
| Total Change | CN¥- | 855.46% |
Book Value vs Market Value Analysis
This analysis compares Optics Technology Holding 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: 9.85x
- 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 27.16x to 9.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.62 | CN¥44.10 | x |
| 2012-12-31 | CN¥1.67 | CN¥44.10 | x |
| 2013-12-31 | CN¥2.00 | CN¥44.10 | x |
| 2014-12-31 | CN¥2.35 | CN¥44.10 | x |
| 2015-12-31 | CN¥3.17 | CN¥44.10 | x |
| 2016-12-31 | CN¥3.36 | CN¥44.10 | x |
| 2017-12-31 | CN¥3.43 | CN¥44.10 | x |
| 2018-12-31 | CN¥3.43 | CN¥44.10 | x |
| 2019-12-31 | CN¥2.60 | CN¥44.10 | x |
| 2020-12-31 | CN¥2.78 | CN¥44.10 | x |
| 2021-12-31 | CN¥2.91 | CN¥44.10 | x |
| 2022-12-31 | CN¥2.19 | CN¥44.10 | x |
| 2023-12-31 | CN¥0.47 | CN¥44.10 | x |
| 2024-12-31 | CN¥4.48 | CN¥44.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Optics Technology Holding 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): 1.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.84%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 6.60x
- Recent ROE (1.99%) is above the historical average (-24.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 20.12% | 21.83% | 0.50x | 1.83x | CN¥14.01 Million |
| 2012 | 18.78% | 19.98% | 0.43x | 2.17x | CN¥14.97 Million |
| 2013 | 16.56% | 21.57% | 0.36x | 2.13x | CN¥13.40 Million |
| 2014 | 14.99% | 22.90% | 0.31x | 2.09x | CN¥11.98 Million |
| 2015 | 6.74% | 22.50% | 0.22x | 1.34x | CN¥-14.08 Million |
| 2016 | 6.86% | 22.76% | 0.22x | 1.37x | CN¥-14.37 Million |
| 2017 | 2.68% | 8.71% | 0.22x | 1.42x | CN¥-34.14 Million |
| 2018 | 0.30% | 0.94% | 0.22x | 1.43x | CN¥-45.31 Million |
| 2019 | -31.74% | -87.04% | 0.26x | 1.39x | CN¥-147.81 Million |
| 2020 | 6.30% | 5.73% | 0.19x | 5.67x | CN¥-13.96 Million |
| 2021 | 1.06% | 0.58% | 0.29x | 6.32x | CN¥-35.50 Million |
| 2022 | -38.14% | -12.17% | 0.32x | 9.84x | CN¥-143.77 Million |
| 2023 | -373.67% | -23.83% | 0.30x | 51.74x | CN¥-247.48 Million |
| 2024 | 1.99% | 0.84% | 0.36x | 6.60x | CN¥-49.37 Million |
Industry Comparison
This section compares Optics Technology Holding Co Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $4,846,992,485
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Optics Technology Holding Co Ltd (300489) | CN¥947.28 Million | 20.12% | 3.60x | $448.97 Million |
| Jiaozuo Wanfang Aluminum (000612) | $5.30 Billion | 5.72% | 0.48x | $1.56 Billion |
| Yunnan Aluminium Co Ltd (000807) | $20.91 Billion | 15.94% | 0.81x | $8.73 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $10.42 Billion | -3.52% | 3.91x | $6.78 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $1.35 Billion | 8.74% | 0.89x | $589.47 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $2.90 Billion | -14.82% | 1.20x | $644.16 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.09 Billion | 0.35% | 1.17x | $1.49 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $146.13 Million | 24.51% | 1.53x | $135.36 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.96 Billion | -3.52% | 0.60x | $3.60 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $3.44 Billion | 11.58% | 0.95x | $703.83 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $958.82 Million | 9.00% | 0.33x | $5.67 Billion |