Inno Laser Technology Co. Ltd. (301021) - Net Assets
Based on the latest financial reports, Inno Laser Technology Co. Ltd. (301021) has net assets worth CN¥1.00 Billion CNY (≈ $146.50 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¥1.22 Billion ≈ $177.80 Million USD) and total liabilities (CN¥213.92 Million ≈ $31.30 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 asset resilience ratio of Inno Laser Technology Co. Ltd. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.00 Billion |
| % of Total Assets | 82.39% |
| Annual Growth Rate | 20.48% |
| 5-Year Change | 66.53% |
| 10-Year Change | N/A |
| Growth Volatility | 27.69 |
Inno Laser Technology Co. Ltd. - Net Assets Trend (2016–2024)
This chart illustrates how Inno Laser Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore how large is Inno Laser Technology Co. Ltd.'s balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Inno Laser Technology Co. Ltd. (2016–2024)
The table below shows the annual net assets of Inno Laser Technology Co. Ltd. from 2016 to 2024. For live valuation and market cap data, see Inno Laser Technology Co. Ltd. (301021) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥987.77 Million ≈ $144.54 Million |
+0.39% |
| 2023-12-31 | CN¥983.91 Million ≈ $143.98 Million |
-1.09% |
| 2022-12-31 | CN¥994.76 Million ≈ $145.56 Million |
+1.95% |
| 2021-12-31 | CN¥975.71 Million ≈ $142.78 Million |
+64.49% |
| 2020-12-31 | CN¥593.16 Million ≈ $86.80 Million |
+11.46% |
| 2019-12-31 | CN¥532.17 Million ≈ $77.87 Million |
+16.41% |
| 2018-12-31 | CN¥457.16 Million ≈ $66.90 Million |
+74.71% |
| 2017-12-31 | CN¥261.67 Million ≈ $38.29 Million |
+17.58% |
| 2016-12-31 | CN¥222.54 Million ≈ $32.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Inno Laser Technology 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 29942034512.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥298.38 Million | 30.30% |
| Common Stock | CN¥151.51 Million | 15.39% |
| Other Components | CN¥534.71 Million | 54.31% |
| Total Equity | CN¥984.60 Million | 100.00% |
Inno Laser Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Inno Laser Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NÜRNBERGER Beteiligungs-AG
F:NBG6
|
$1.38 Billion |
|
Chongqing Department Store Co Ltd
SHG:600729
|
$1.38 Billion |
|
Cheil Worldwide
KO:030000
|
$1.38 Billion |
|
Atalaya Mining Ltd
F:E5S1
|
$1.38 Billion |
|
RONESANS GAYRIMENKUL YAT.
IS:RGYAS
|
$1.38 Billion |
|
Happy Forgings Limited
NSE:HAPPYFORGE
|
$1.38 Billion |
|
Sinopep-Allsino Biopharmaceutical Co. Ltd. A
SHG:688076
|
$1.37 Billion |
|
Country Garden Holdings Company Limited
F:DZJ
|
$1.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inno Laser Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 976,747,192 to 984,602,784, a change of 7,855,592 (0.8%).
- Net income of 21,831,755 contributed positively to equity growth.
- Dividend payments of 306,512 reduced retained earnings.
- Share repurchases of 10,496,514 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥21.83 Million | +2.22% |
| Dividends Paid | CN¥306.51K | -0.03% |
| Share Repurchases | CN¥10.50 Million | -1.07% |
| Other Changes | CN¥-3.17 Million | -0.32% |
| Total Change | CN¥- | 0.80% |
Book Value vs Market Value Analysis
This analysis compares Inno Laser Technology 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: 9.42x
- 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 28.07x to 9.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥2.19 | CN¥61.50 | x |
| 2017-12-31 | CN¥2.44 | CN¥61.50 | x |
| 2018-12-31 | CN¥4.18 | CN¥61.50 | x |
| 2019-12-31 | CN¥3.50 | CN¥61.50 | x |
| 2020-12-31 | CN¥5.21 | CN¥61.50 | x |
| 2021-12-31 | CN¥7.34 | CN¥61.50 | x |
| 2022-12-31 | CN¥6.49 | CN¥61.50 | x |
| 2023-12-31 | CN¥6.45 | CN¥61.50 | x |
| 2024-12-31 | CN¥6.53 | CN¥61.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inno Laser Technology 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): 2.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.89%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.20x
- Recent ROE (2.22%) is below the historical average (7.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.37% | 2.03% | 0.36x | 1.86x | CN¥-19.05 Million |
| 2017 | 16.37% | 17.11% | 0.50x | 1.92x | CN¥16.58 Million |
| 2018 | 13.66% | 21.39% | 0.46x | 1.38x | CN¥16.68 Million |
| 2019 | 13.57% | 20.05% | 0.49x | 1.39x | CN¥18.94 Million |
| 2020 | 11.07% | 19.34% | 0.42x | 1.35x | CN¥6.34 Million |
| 2021 | 7.69% | 19.16% | 0.35x | 1.13x | CN¥-22.47 Million |
| 2022 | 2.29% | 7.06% | 0.30x | 1.09x | CN¥-76.11 Million |
| 2023 | -0.46% | -1.22% | 0.31x | 1.20x | CN¥-102.17 Million |
| 2024 | 2.22% | 4.89% | 0.38x | 1.20x | CN¥-76.63 Million |
Industry Comparison
This section compares Inno Laser Technology 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 |
|---|---|---|---|---|
| Inno Laser Technology Co. Ltd. (301021) | CN¥1.00 Billion | 1.37% | 0.21x | $1.38 Billion |
| 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 Inno Laser Technology Co. Ltd.
Inno Laser Technology Co., Ltd. engages in the research and development, production, and sale of lasers and overall solutions in China and internationally. The company offers Diode Pumped Solid State Q-switched nanosecond lasers; ultrashort pulse lasers (picosecond, femtosecond level); and Master Oscillator Power-Amplifier nanosecond/sub-nanosecond lasers. Its products are used in the circuit boa… Read more