Advanced Fiber Resources Zhuhai Ltd
Advanced Fiber Resources (Zhuhai), Ltd. engages in the research, design, development, production, and sale of fiber optic devices in China and internationally. It offers optical isolator, beam combiner, circulator, straightening device, attenuator, and delay line, as well as fiber bragg grating, laser output head, coupler/splitter, lithium niobate modulator, WDM/filter, online polarizer, photodet… Read more
Advanced Fiber Resources Zhuhai Ltd (300620) - Net Assets
Latest net assets as of September 2025: CN¥2.11 Billion CNY
Based on the latest financial reports, Advanced Fiber Resources Zhuhai Ltd (300620) has net assets worth CN¥2.11 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¥3.58 Billion) and total liabilities (CN¥1.47 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¥2.11 Billion |
| % of Total Assets | 58.97% |
| Annual Growth Rate | 52.68% |
| 5-Year Change | 39.82% |
| 10-Year Change | 1217.71% |
| Growth Volatility | 63.14 |
Advanced Fiber Resources Zhuhai Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Advanced Fiber Resources Zhuhai 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 Advanced Fiber Resources Zhuhai Ltd (2012–2024)
The table below shows the annual net assets of Advanced Fiber Resources Zhuhai Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.96 Billion | +15.16% |
| 2023-12-31 | CN¥1.70 Billion | +3.23% |
| 2022-12-31 | CN¥1.65 Billion | +7.60% |
| 2021-12-31 | CN¥1.53 Billion | +9.31% |
| 2020-12-31 | CN¥1.40 Billion | +118.99% |
| 2019-12-31 | CN¥640.64 Million | +15.31% |
| 2018-12-31 | CN¥555.59 Million | +15.99% |
| 2017-12-31 | CN¥479.01 Million | +140.14% |
| 2016-12-31 | CN¥199.47 Million | +33.99% |
| 2015-12-31 | CN¥148.87 Million | +71.56% |
| 2014-12-31 | CN¥86.77 Million | +159.30% |
| 2013-12-31 | CN¥33.46 Million | +173.75% |
| 2012-12-31 | CN¥12.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Advanced Fiber Resources Zhuhai 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 9285.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥463.71 Million | 24.09% |
| Common Stock | CN¥249.18 Million | 12.94% |
| Other Components | CN¥1.21 Billion | 62.97% |
| Total Equity | CN¥1.93 Billion | 100.00% |
Advanced Fiber Resources Zhuhai Ltd Competitors by Market Cap
The table below lists competitors of Advanced Fiber Resources Zhuhai Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ESR GROUP LTD.
F:3K6
|
$2.26 Billion |
|
TOMY Company, Ltd.
OTCGREY:TOMYF
|
$2.26 Billion |
|
ZENKOKU HOSHO CO. LTD.
F:ZKH
|
$2.26 Billion |
|
SICC Co. Ltd.
SHG:688234
|
$2.27 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
$2.26 Billion |
|
New York Mortgage Trust, Inc. 9.125% Senior Notes Due 2029
NASDAQ:NYMTI
|
$2.26 Billion |
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
$2.26 Billion |
|
Suzhou Novosense Microelectronics Co. Ltd.
SHG:688052
|
$2.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advanced Fiber Resources Zhuhai Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,703,339,070 to 1,925,186,598, a change of 221,847,528 (13.0%).
- Net income of 66,982,960 contributed positively to equity growth.
- Dividend payments of 30,801,352 reduced retained earnings.
- Share repurchases of 7,363,036 reduced equity.
- Other comprehensive income decreased equity by 85,697,845.
- Other factors increased equity by 278,726,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥66.98 Million | +3.48% |
| Dividends Paid | CN¥30.80 Million | -1.6% |
| Share Repurchases | CN¥7.36 Million | -0.38% |
| Other Comprehensive Income | CN¥-85.70 Million | -4.45% |
| Other Changes | CN¥278.73 Million | +14.48% |
| Total Change | CN¥- | 13.02% |
Book Value vs Market Value Analysis
This analysis compares Advanced Fiber Resources Zhuhai 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: 19.50x
- 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 1037.63x to 19.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.15 | CN¥150.80 | x |
| 2013-12-31 | CN¥0.40 | CN¥150.80 | x |
| 2014-12-31 | CN¥1.03 | CN¥150.80 | x |
| 2015-12-31 | CN¥1.03 | CN¥150.80 | x |
| 2016-12-31 | CN¥1.33 | CN¥150.80 | x |
| 2017-12-31 | CN¥2.57 | CN¥150.80 | x |
| 2018-12-31 | CN¥2.76 | CN¥150.80 | x |
| 2019-12-31 | CN¥3.12 | CN¥150.80 | x |
| 2020-12-31 | CN¥3.82 | CN¥150.80 | x |
| 2021-12-31 | CN¥6.26 | CN¥150.80 | x |
| 2022-12-31 | CN¥6.70 | CN¥150.80 | x |
| 2023-12-31 | CN¥6.94 | CN¥150.80 | x |
| 2024-12-31 | CN¥7.73 | CN¥150.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advanced Fiber Resources Zhuhai 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): 3.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.71%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.53x
- Recent ROE (3.48%) is below the historical average (26.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 143.14% | 23.16% | 1.16x | 5.33x | CN¥16.28 Million |
| 2013 | 61.09% | 22.94% | 1.08x | 2.46x | CN¥17.10 Million |
| 2014 | 28.16% | 22.25% | 1.03x | 1.23x | CN¥15.76 Million |
| 2015 | 20.74% | 22.20% | 0.78x | 1.19x | CN¥15.80 Million |
| 2016 | 25.14% | 28.10% | 0.73x | 1.23x | CN¥29.85 Million |
| 2017 | 12.58% | 26.02% | 0.41x | 1.19x | CN¥12.29 Million |
| 2018 | 14.49% | 27.63% | 0.35x | 1.49x | CN¥24.77 Million |
| 2019 | 9.06% | 14.71% | 0.45x | 1.36x | CN¥-5.99 Million |
| 2020 | 4.22% | 12.04% | 0.30x | 1.16x | CN¥-81.09 Million |
| 2021 | 8.53% | 19.59% | 0.38x | 1.15x | CN¥-22.54 Million |
| 2022 | 7.14% | 18.34% | 0.33x | 1.19x | CN¥-47.21 Million |
| 2023 | 3.50% | 8.40% | 0.35x | 1.17x | CN¥-110.70 Million |
| 2024 | 3.48% | 6.71% | 0.34x | 1.53x | CN¥-125.54 Million |
Industry Comparison
This section compares Advanced Fiber Resources Zhuhai Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,522,000,668
- Average return on equity (ROE) among peers: -3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Fiber Resources Zhuhai Ltd (300620) | CN¥2.11 Billion | 143.14% | 0.70x | $2.26 Billion |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |