Union Optech Co Ltd

SHE:300691 China Electronic Components
Market Cap
$618.60 Million
CN¥4.54 Billion CNY
Market Cap Rank
#12445 Global
#3078 in China
Share Price
CN¥16.87
Change (1 day)
-3.49%
52-Week Range
CN¥15.58 - CN¥24.86
All Time High
CN¥40.31
About

Union Optech Co.,Ltd. designs, develops, manufactures, and sells optical lens in China. The company offers laser displays, high-end optical zoom lens, SLR camera lens, mobile phone camera lens, automotive camera modules, projector lens, consumer lens, video fields, and cell phone camera. Its products are used in 4K laser display, video surveillance, intelligent terminals, automotive imaging syste… Read more

Union Optech Co Ltd (300691) - Net Assets

Latest net assets as of September 2025: CN¥1.58 Billion CNY

Based on the latest financial reports, Union Optech Co Ltd (300691) has net assets worth CN¥1.58 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¥3.07 Billion) and total liabilities (CN¥1.49 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¥1.58 Billion
% of Total Assets 51.53%
Annual Growth Rate 29.08%
5-Year Change 68.92%
10-Year Change 412.51%
Growth Volatility 40.89

Union Optech Co Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Union Optech 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 Union Optech Co Ltd (2013–2024)

The table below shows the annual net assets of Union Optech Co Ltd from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.61 Billion -1.91%
2023-12-31 CN¥1.64 Billion +2.37%
2022-12-31 CN¥1.60 Billion +4.60%
2021-12-31 CN¥1.53 Billion +60.81%
2020-12-31 CN¥951.87 Million +5.13%
2019-12-31 CN¥905.42 Million +7.27%
2018-12-31 CN¥844.09 Million +9.39%
2017-12-31 CN¥771.63 Million +98.46%
2016-12-31 CN¥388.81 Million +23.93%
2015-12-31 CN¥313.73 Million +44.80%
2014-12-31 CN¥216.67 Million +123.42%
2013-12-31 CN¥96.98 Million --

Equity Component Analysis

This analysis shows how different components contribute to Union Optech 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 1722.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥324.81 Million 20.21%
Common Stock CN¥269.05 Million 16.74%
Other Components CN¥1.01 Billion 63.04%
Total Equity CN¥1.61 Billion 100.00%

Union Optech Co Ltd Competitors by Market Cap

The table below lists competitors of Union Optech Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Union Optech Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,639,094,066 to 1,606,909,658, a change of -32,184,408 (-2.0%).
  • Net income of 38,562,941 contributed positively to equity growth.
  • Dividend payments of 54,614,557 reduced retained earnings.
  • Share repurchases of 33,133,221 reduced equity.
  • Other factors increased equity by 17,000,429.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥38.56 Million +2.4%
Dividends Paid CN¥54.61 Million -3.4%
Share Repurchases CN¥33.13 Million -2.06%
Other Changes CN¥17.00 Million +1.06%
Total Change CN¥- -1.96%

Book Value vs Market Value Analysis

This analysis compares Union Optech 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: 2.89x
  • 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 26.18x to 2.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 CN¥0.64 CN¥16.87 x
2014-12-31 CN¥1.44 CN¥16.87 x
2015-12-31 CN¥2.04 CN¥16.87 x
2016-12-31 CN¥2.37 CN¥16.87 x
2017-12-31 CN¥4.24 CN¥16.87 x
2018-12-31 CN¥3.85 CN¥16.87 x
2019-12-31 CN¥4.10 CN¥16.87 x
2020-12-31 CN¥4.27 CN¥16.87 x
2021-12-31 CN¥6.79 CN¥16.87 x
2022-12-31 CN¥6.01 CN¥16.87 x
2023-12-31 CN¥4.59 CN¥16.87 x
2024-12-31 CN¥5.83 CN¥16.87 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Union Optech 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): 2.40%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.05%
  • • Asset Turnover: 0.62x
  • • Equity Multiplier: 1.88x
  • Recent ROE (2.40%) is below the historical average (8.33%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 3.17% 1.61% 0.60x 3.27x CN¥-6.62 Million
2014 16.01% 7.95% 0.88x 2.29x CN¥13.02 Million
2015 14.19% 7.30% 0.96x 2.02x CN¥13.15 Million
2016 19.32% 10.24% 0.97x 1.95x CN¥36.22 Million
2017 10.63% 8.78% 0.78x 1.56x CN¥4.82 Million
2018 8.57% 6.19% 0.82x 1.68x CN¥-12.09 Million
2019 8.10% 5.99% 0.75x 1.81x CN¥-17.18 Million
2020 5.25% 3.87% 0.74x 1.84x CN¥-45.14 Million
2021 4.86% 4.54% 0.64x 1.68x CN¥-78.63 Million
2022 3.50% 3.72% 0.59x 1.58x CN¥-104.03 Million
2023 3.92% 3.90% 0.63x 1.59x CN¥-99.62 Million
2024 2.40% 2.05% 0.62x 1.88x CN¥-122.13 Million

Industry Comparison

This section compares Union Optech Co Ltd's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $2,729,724,236
  • Average return on equity (ROE) among peers: 9.55%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Union Optech Co Ltd (300691) CN¥1.58 Billion 3.17% 0.94x $324.78 Million
Shenzhen Zhongheng Huafa Co Ltd Class A (000020) $232.24 Million -19.09% 0.85x $268.56 Million
Shenzhen Desay Battery Technology Co Ltd (000049) $2.26 Billion 17.72% 2.90x $768.09 Million
CPT Technology Group Co Ltd (000536) $-18.89 Million 0.00% 0.00x $1.06 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) $12.01 Billion 2.72% 0.32x $2.22 Billion
Xiamen Xindeco Ltd (000701) $796.35 Million 5.67% 2.04x $315.64 Million
BOE Technology Group Co Ltd (000725) $5.52 Billion 12.51% 1.42x $20.18 Billion
China Zhenhua Group Science & Technology Co Ltd (000733) $5.38 Billion 5.53% 0.63x $2.54 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) $451.00 Million 7.52% 0.67x $1.39 Billion
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) $389.14 Million 20.02% 1.72x $174.91 Million
Shanghai Smart Control Co. Ltd. (001266) $268.16 Million 42.89% 0.50x $149.46 Million