Hangzhou Prevail Optoelectronic Equipment Co Ltd

SHE:300710 China Communication Equipment
Market Cap
$405.84 Million
CN¥2.98 Billion CNY
Market Cap Rank
#13396 Global
#3433 in China
Share Price
CN¥29.93
Change (1 day)
-1.87%
52-Week Range
CN¥14.94 - CN¥34.53
All Time High
CN¥47.54
About

Hangzhou Prevail Optoelectronic Equipment Co., Ltd. engages in the research, development, and production of CATV equipment. It offers hybrid fiber coaxial (HFC) optical fiber transmission products, such as switches, as well as optical receivers, ports, amplifiers, transmitters, platforms, and optical nodes; optical fiber adapters and patch cords; and rack powers, enclosed, open-frames, adapters, … Read more

Hangzhou Prevail Optoelectronic Equipment Co Ltd (300710) - Net Assets

Latest net assets as of September 2025: CN¥486.43 Million CNY

Based on the latest financial reports, Hangzhou Prevail Optoelectronic Equipment Co Ltd (300710) has net assets worth CN¥486.43 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¥636.19 Million) and total liabilities (CN¥149.76 Million). 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¥486.43 Million
% of Total Assets 76.46%
Annual Growth Rate 8.67%
5-Year Change -27.29%
10-Year Change 97.81%
Growth Volatility 28.93

Hangzhou Prevail Optoelectronic Equipment Co Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Hangzhou Prevail Optoelectronic Equipment 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 Hangzhou Prevail Optoelectronic Equipment Co Ltd (2013–2024)

The table below shows the annual net assets of Hangzhou Prevail Optoelectronic Equipment Co Ltd from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥494.85 Million -27.51%
2023-12-31 CN¥682.64 Million +1.68%
2022-12-31 CN¥671.34 Million -3.26%
2021-12-31 CN¥693.99 Million +1.97%
2020-12-31 CN¥680.56 Million +0.54%
2019-12-31 CN¥676.89 Million +14.34%
2018-12-31 CN¥592.02 Million +2.77%
2017-12-31 CN¥576.05 Million +95.16%
2016-12-31 CN¥295.17 Million +17.99%
2015-12-31 CN¥250.17 Million +8.41%
2014-12-31 CN¥230.76 Million +16.38%
2013-12-31 CN¥198.29 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hangzhou Prevail Optoelectronic Equipment 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 74.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥11.22 Million 2.37%
Common Stock CN¥99.49 Million 21.05%
Other Comprehensive Income CN¥62.62 Million 13.25%
Other Components CN¥299.29 Million 63.32%
Total Equity CN¥472.63 Million 100.00%

Hangzhou Prevail Optoelectronic Equipment Co Ltd Competitors by Market Cap

The table below lists competitors of Hangzhou Prevail Optoelectronic Equipment Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hangzhou Prevail Optoelectronic Equipment Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 658,990,208 to 472,629,194, a change of -186,361,014 (-28.3%).
  • Net loss of 199,369,603 reduced equity.
  • Dividend payments of 3,274,825 reduced retained earnings.
  • Other comprehensive income increased equity by 12,285,145.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-199.37 Million -42.18%
Dividends Paid CN¥3.27 Million -0.69%
Other Comprehensive Income CN¥12.29 Million +2.6%
Other Changes CN¥4.00 Million +0.85%
Total Change CN¥- -28.28%

Book Value vs Market Value Analysis

This analysis compares Hangzhou Prevail Optoelectronic Equipment 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: 6.30x
  • 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 10.65x to 6.30x 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¥2.81 CN¥29.93 x
2014-12-31 CN¥3.27 CN¥29.93 x
2015-12-31 CN¥3.47 CN¥29.93 x
2016-12-31 CN¥3.98 CN¥29.93 x
2017-12-31 CN¥7.35 CN¥29.93 x
2018-12-31 CN¥5.80 CN¥29.93 x
2019-12-31 CN¥5.89 CN¥29.93 x
2020-12-31 CN¥6.47 CN¥29.93 x
2021-12-31 CN¥6.75 CN¥29.93 x
2022-12-31 CN¥6.53 CN¥29.93 x
2023-12-31 CN¥6.62 CN¥29.93 x
2024-12-31 CN¥4.75 CN¥29.93 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hangzhou Prevail Optoelectronic Equipment 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): -42.18%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -57.55%
  • • Asset Turnover: 0.51x
  • • Equity Multiplier: 1.44x
  • Recent ROE (-42.18%) is below the historical average (2.69%), 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 7.64% 6.24% 0.70x 1.75x CN¥-4.69 Million
2014 14.07% 11.59% 0.74x 1.64x CN¥9.38 Million
2015 15.60% 12.73% 0.89x 1.38x CN¥14.01 Million
2016 15.25% 11.49% 0.93x 1.43x CN¥15.49 Million
2017 8.12% 11.18% 0.64x 1.14x CN¥-10.82 Million
2018 2.50% 4.20% 0.44x 1.35x CN¥-43.23 Million
2019 2.09% 3.29% 0.40x 1.59x CN¥-46.39 Million
2020 9.38% 11.77% 0.50x 1.61x CN¥-3.98 Million
2021 4.67% 4.31% 0.73x 1.49x CN¥-35.75 Million
2022 -3.31% -4.05% 0.60x 1.37x CN¥-86.49 Million
2023 -1.51% -2.77% 0.40x 1.36x CN¥-75.83 Million
2024 -42.18% -57.55% 0.51x 1.44x CN¥-246.63 Million

Industry Comparison

This section compares Hangzhou Prevail Optoelectronic Equipment Co 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
Hangzhou Prevail Optoelectronic Equipment Co Ltd (300710) CN¥486.43 Million 7.64% 0.31x $269.86 Million
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