Hangzhou Prevail Optoelectronic Equipment Co Ltd (300710) - Net Assets
Based on the latest financial reports, Hangzhou Prevail Optoelectronic Equipment Co Ltd (300710) has net assets worth CN¥486.43 Million CNY (≈ $71.18 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¥636.19 Million ≈ $93.09 Million USD) and total liabilities (CN¥149.76 Million ≈ $21.91 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 how resilient are Hangzhou Prevail Optoelectronic Equipmen's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore Hangzhou Prevail Optoelectronic Equipmen assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 300710 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥494.85 Million ≈ $72.41 Million |
-27.51% |
| 2023-12-31 | CN¥682.64 Million ≈ $99.89 Million |
+1.68% |
| 2022-12-31 | CN¥671.34 Million ≈ $98.24 Million |
-3.26% |
| 2021-12-31 | CN¥693.99 Million ≈ $101.55 Million |
+1.97% |
| 2020-12-31 | CN¥680.56 Million ≈ $99.59 Million |
+0.54% |
| 2019-12-31 | CN¥676.89 Million ≈ $99.05 Million |
+14.34% |
| 2018-12-31 | CN¥592.02 Million ≈ $86.63 Million |
+2.77% |
| 2017-12-31 | CN¥576.05 Million ≈ $84.29 Million |
+95.16% |
| 2016-12-31 | CN¥295.17 Million ≈ $43.19 Million |
+17.99% |
| 2015-12-31 | CN¥250.17 Million ≈ $36.61 Million |
+8.41% |
| 2014-12-31 | CN¥230.76 Million ≈ $33.77 Million |
+16.38% |
| 2013-12-31 | CN¥198.29 Million ≈ $29.02 Million |
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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.
| Company | Market Cap |
|---|---|
|
Canopy Growth Corp
NASDAQ:CGC
|
$477.79 Million |
|
Orthofix Medical Inc
NASDAQ:OFIX
|
$478.12 Million |
|
Malibu Boats Inc
NASDAQ:MBUU
|
$478.27 Million |
|
Suzhou Industrial Park Heshun Electric Co Ltd
SHE:300141
|
$478.43 Million |
|
Light S.A
SA:LIGT3
|
$476.97 Million |
|
Jw Pharmac
KO:001060
|
$476.78 Million |
|
Westrock Coffee Company
NASDAQ:WEST
|
$476.65 Million |
|
Wijaya Karya Beton PT
JK:WIKA
|
$476.61 Million |
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: 6.90x
- 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 11.67x to 6.90x 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¥32.79 | x |
| 2014-12-31 | CN¥3.27 | CN¥32.79 | x |
| 2015-12-31 | CN¥3.47 | CN¥32.79 | x |
| 2016-12-31 | CN¥3.98 | CN¥32.79 | x |
| 2017-12-31 | CN¥7.35 | CN¥32.79 | x |
| 2018-12-31 | CN¥5.80 | CN¥32.79 | x |
| 2019-12-31 | CN¥5.89 | CN¥32.79 | x |
| 2020-12-31 | CN¥6.47 | CN¥32.79 | x |
| 2021-12-31 | CN¥6.75 | CN¥32.79 | x |
| 2022-12-31 | CN¥6.53 | CN¥32.79 | x |
| 2023-12-31 | CN¥6.62 | CN¥32.79 | x |
| 2024-12-31 | CN¥4.75 | CN¥32.79 | 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: $5,529,985,490
- Average return on equity (ROE) among peers: -0.98%
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 | $477.38 Million |
| ZTE Corp (000063) | $43.35 Billion | 8.36% | 1.79x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $204.52 Million | 22.76% | 2.18x | $2.38 Billion |
| Addsino Co Ltd (000547) | $459.32 Million | -8.36% | 1.39x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $262.65 Million | 0.31% | 1.13x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $78.54 Million | 4.37% | 0.86x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.80 Billion | 2.74% | 0.79x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $2.01 Billion | 18.94% | 0.94x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.78 Billion | 2.03% | 1.22x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $916.66 Million | -66.59% | 1.08x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $2.43 Billion | 5.61% | 0.88x | $1.71 Billion |
About Hangzhou Prevail Optoelectronic Equipment Co Ltd
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