Yutong Optical (300790) - Net Assets
Based on the latest financial reports, Yutong Optical (300790) has net assets worth CN¥2.59 Billion CNY (≈ $379.38 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¥5.89 Billion ≈ $862.08 Million USD) and total liabilities (CN¥3.30 Billion ≈ $482.70 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 Yutong Optical PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.59 Billion |
| % of Total Assets | 44.01% |
| Annual Growth Rate | 33.61% |
| 5-Year Change | 87.69% |
| 10-Year Change | N/A |
| Growth Volatility | 38.52 |
Yutong Optical - Net Assets Trend (2015–2024)
This chart illustrates how Yutong Optical's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 300790 market cap.
Annual Net Assets for Yutong Optical (2015–2024)
The table below shows the annual net assets of Yutong Optical from 2015 to 2024. Also explore net asset growth rate of Yutong Optical to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.41 Billion ≈ $352.24 Million |
+20.44% |
| 2023-12-31 | CN¥2.00 Billion ≈ $292.45 Million |
+5.23% |
| 2022-12-31 | CN¥1.90 Billion ≈ $277.93 Million |
+16.12% |
| 2021-12-31 | CN¥1.64 Billion ≈ $239.35 Million |
+27.54% |
| 2020-12-31 | CN¥1.28 Billion ≈ $187.67 Million |
+7.65% |
| 2019-12-31 | CN¥1.19 Billion ≈ $174.33 Million |
+93.95% |
| 2018-12-31 | CN¥614.24 Million ≈ $89.88 Million |
+19.00% |
| 2017-12-31 | CN¥516.17 Million ≈ $75.53 Million |
+121.24% |
| 2016-12-31 | CN¥233.31 Million ≈ $34.14 Million |
+31.63% |
| 2015-12-31 | CN¥177.25 Million ≈ $25.94 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Yutong Optical'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 6250.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥780.40 Million | 32.42% |
| Common Stock | CN¥374.12 Million | 15.54% |
| Other Components | CN¥1.25 Billion | 52.04% |
| Total Equity | CN¥2.41 Billion | 100.00% |
Yutong Optical Competitors by Market Cap
The table below lists competitors of Yutong Optical ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Plejd AB (publ)
F:3CA
|
$1.09 Billion |
|
Old Second Bancorp Inc
NASDAQ:OSBC
|
$1.09 Billion |
|
Mercialys SA
PA:MERY
|
$1.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
$1.09 Billion |
|
Shaanxi Zhongtian Rocket Technology
SHE:003009
|
$1.09 Billion |
|
Tianjin You Fa Steel Pipe Group Stock Co Ltd
SHG:601686
|
$1.09 Billion |
|
Trupanion Inc
NASDAQ:TRUP
|
$1.09 Billion |
|
Oaktree Specialty Lending Corp
NASDAQ:OCSL
|
$1.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yutong Optical's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,881,112,559 to 2,407,131,238, a change of 526,018,679 (28.0%).
- Net income of 183,561,229 contributed positively to equity growth.
- Dividend payments of 86,719,250 reduced retained earnings.
- Share repurchases of 124,126,993 reduced equity.
- Other factors increased equity by 553,303,693.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥183.56 Million | +7.63% |
| Dividends Paid | CN¥86.72 Million | -3.6% |
| Share Repurchases | CN¥124.13 Million | -5.16% |
| Other Changes | CN¥553.30 Million | +22.99% |
| Total Change | CN¥- | 27.96% |
Book Value vs Market Value Analysis
This analysis compares Yutong Optical'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: 2.72x
- 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 15.50x to 2.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥1.29 | CN¥19.99 | x |
| 2016-12-31 | CN¥1.24 | CN¥19.99 | x |
| 2017-12-31 | CN¥2.48 | CN¥19.99 | x |
| 2018-12-31 | CN¥2.64 | CN¥19.99 | x |
| 2019-12-31 | CN¥3.86 | CN¥19.99 | x |
| 2020-12-31 | CN¥4.11 | CN¥19.99 | x |
| 2021-12-31 | CN¥4.85 | CN¥19.99 | x |
| 2022-12-31 | CN¥5.49 | CN¥19.99 | x |
| 2023-12-31 | CN¥5.78 | CN¥19.99 | x |
| 2024-12-31 | CN¥7.34 | CN¥19.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yutong Optical 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): 7.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.69%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.21x
- Recent ROE (7.63%) is below the historical average (13.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 30.46% | 12.37% | 1.32x | 1.87x | CN¥33.87 Million |
| 2016 | 21.43% | 8.60% | 1.09x | 2.28x | CN¥26.66 Million |
| 2017 | 13.43% | 9.00% | 0.78x | 1.91x | CN¥17.69 Million |
| 2018 | 15.97% | 9.83% | 0.77x | 2.10x | CN¥36.65 Million |
| 2019 | 8.68% | 8.40% | 0.58x | 1.78x | CN¥-15.71 Million |
| 2020 | 9.88% | 8.61% | 0.54x | 2.13x | CN¥-1.49 Million |
| 2021 | 14.84% | 11.77% | 0.60x | 2.10x | CN¥79.09 Million |
| 2022 | 8.01% | 7.81% | 0.43x | 2.37x | CN¥-35.86 Million |
| 2023 | 1.64% | 1.44% | 0.42x | 2.69x | CN¥-157.26 Million |
| 2024 | 7.63% | 6.69% | 0.52x | 2.21x | CN¥-57.15 Million |
Industry Comparison
This section compares Yutong Optical's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $4,345,261,986
- Average return on equity (ROE) among peers: 3.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yutong Optical (300790) | CN¥2.59 Billion | 30.46% | 1.27x | $1.09 Billion |
| Konka Group Co Ltd (000016) | $3.08 Billion | -40.87% | 3.63x | $574.73 Million |
| Tianma Microelectronics Co Ltd (000050) | $29.17 Billion | -2.29% | 1.78x | $2.36 Billion |
| Guangdong Goworld Co Ltd (000823) | $3.50 Billion | 5.48% | 0.46x | $2.04 Billion |
| Soyea Technology Co Ltd (000909) | $887.22 Million | 3.18% | 3.95x | $356.13 Million |
| Guoguang Electric Co Ltd (002045) | $185.28 Million | 26.33% | 1.12x | $744.90 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $2.69 Billion | -8.20% | 0.57x | $4.83 Billion |
| Goertek Inc (002241) | $936.88 Million | 10.66% | 0.93x | $12.13 Billion |
| Edifier Technology Co Ltd (002351) | $2.07 Billion | 13.34% | 0.26x | $1.30 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $578.66 Million | 11.38% | 2.62x | $362.31 Million |
| Guangdong Chant Group Inc (002616) | $355.77 Million | 20.60% | 1.54x | $611.05 Million |
About Yutong Optical
DongGuan YuTong Optical Technology Co.,Ltd. engages in the research and development, production, and sale of optical lenses and other products in China. The company offers super starlight series, all in-one machine series, 4K series, zoom series, starlight fixed focus series, general fixed focus series, large-angle fixed focus series, fisheye series, CS series and other series of lens products us… Read more