Union Optech Co Ltd (300691) - Net Assets
Based on the latest financial reports, Union Optech Co Ltd (300691) has net assets worth CN¥1.58 Billion CNY (≈ $231.81 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¥3.07 Billion ≈ $449.84 Million USD) and total liabilities (CN¥1.49 Billion ≈ $218.03 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 Union Optech Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Union Optech Co Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 300691 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.61 Billion ≈ $235.29 Million |
-1.91% |
| 2023-12-31 | CN¥1.64 Billion ≈ $239.86 Million |
+2.37% |
| 2022-12-31 | CN¥1.60 Billion ≈ $234.31 Million |
+4.60% |
| 2021-12-31 | CN¥1.53 Billion ≈ $223.99 Million |
+60.81% |
| 2020-12-31 | CN¥951.87 Million ≈ $139.29 Million |
+5.13% |
| 2019-12-31 | CN¥905.42 Million ≈ $132.49 Million |
+7.27% |
| 2018-12-31 | CN¥844.09 Million ≈ $123.52 Million |
+9.39% |
| 2017-12-31 | CN¥771.63 Million ≈ $112.91 Million |
+98.46% |
| 2016-12-31 | CN¥388.81 Million ≈ $56.89 Million |
+23.93% |
| 2015-12-31 | CN¥313.73 Million ≈ $45.91 Million |
+44.80% |
| 2014-12-31 | CN¥216.67 Million ≈ $31.71 Million |
+123.42% |
| 2013-12-31 | CN¥96.98 Million ≈ $14.19 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.
| Company | Market Cap |
|---|---|
|
TomTom NV
AS:TOM2
|
$645.84 Million |
|
Seobu T&D Co. Ltd
KQ:006730
|
$645.91 Million |
|
Guangdong Brandmax Marketing Co Ltd
SHE:300805
|
$645.94 Million |
|
Idp Education Ltd
AU:IEL
|
$645.97 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
$645.38 Million |
|
Wuxi Delinhai Environmental Technology Co Ltd
SHG:688069
|
$644.88 Million |
|
Hyundai Home Shopping Network Corp
KO:057050
|
$644.84 Million |
|
Tempo Scan Pacific Tbk
JK:TSPC
|
$644.79 Million |
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: 2.81x
- 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 25.45x to 2.81x 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¥16.40 | x |
| 2014-12-31 | CN¥1.44 | CN¥16.40 | x |
| 2015-12-31 | CN¥2.04 | CN¥16.40 | x |
| 2016-12-31 | CN¥2.37 | CN¥16.40 | x |
| 2017-12-31 | CN¥4.24 | CN¥16.40 | x |
| 2018-12-31 | CN¥3.85 | CN¥16.40 | x |
| 2019-12-31 | CN¥4.10 | CN¥16.40 | x |
| 2020-12-31 | CN¥4.27 | CN¥16.40 | x |
| 2021-12-31 | CN¥6.79 | CN¥16.40 | x |
| 2022-12-31 | CN¥6.01 | CN¥16.40 | x |
| 2023-12-31 | CN¥4.59 | CN¥16.40 | x |
| 2024-12-31 | CN¥5.83 | CN¥16.40 | 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: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
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 | $645.67 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Union Optech Co Ltd
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