Mingyue Optical Lens Co.Ltd. Net Assets
Mingyue Optical Lens Co.Ltd. net assets. Based on the latest financial reports, Mingyue Optical Lens Co.Ltd. (301101) has net assets worth CN¥1.86 Billion CNY (≈ $272.32 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.09 Billion ≈ $306.14 Million USD) and total liabilities (CN¥231.16 Million ≈ $33.83 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. Also explore Mingyue Optical Lens Co.Ltd. net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.86 Billion |
| % of Total Assets | 88.95% |
| Annual Growth Rate | 24.62% |
| 5-Year Change | 24.8% |
| 10-Year Change | N/A |
| Growth Volatility | 55.54 |
Net Assets of Mingyue Optical Lens Co.Ltd. (2019–2025)
Net assets of Mingyue Optical Lens Co.Ltd. from 2019 to 2025. This chart illustrates how Mingyue Optical Lens Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. See net asset quality index of Mingyue Optical Lens Co.Ltd. to measure how much of total assets are equity-financed.
Annual Net Assets for Mingyue Optical Lens Co.Ltd. (2019–2025)
The table below shows the annual net assets of Mingyue Optical Lens Co.Ltd. from 2019 to 2025. For live market cap and overall valuation, see Mingyue Optical Lens Co.Ltd. (301101) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.80 Billion ≈ $263.92 Million |
+5.08% |
| 2024-12-31 | CN¥1.72 Billion ≈ $251.17 Million |
+7.04% |
| 2023-12-31 | CN¥1.60 Billion ≈ $234.65 Million |
+6.06% |
| 2022-12-31 | CN¥1.51 Billion ≈ $221.23 Million |
+4.62% |
| 2021-12-31 | CN¥1.45 Billion ≈ $211.47 Million |
+156.56% |
| 2020-12-31 | CN¥563.28 Million ≈ $82.43 Million |
+17.02% |
| 2019-12-31 | CN¥481.37 Million ≈ $70.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mingyue Optical Lens 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 591.9% over the analyzed period, indicating profitable operations and earnings retention.
Mingyue Optical Lens Co.Ltd. Net Assets Breakdown (December 2025)
Mingyue Optical Lens Co.Ltd. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥542.20 Million | 30.76% |
| Other Components | CN¥1.22 Billion | 69.24% |
| Total Equity | CN¥1.76 Billion | 100.00% |
Mingyue Optical Lens Co.Ltd. Competitors by Market Cap
The table below lists competitors of Mingyue Optical Lens Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Capital Development Co Ltd
SHG:600376
|
$973.88 Million |
|
Nhn Entertain
KO:181710
|
$974.06 Million |
|
Shenzhen Infinova Ltd
SHE:002528
|
$975.25 Million |
|
Black Peony Group Co Ltd
SHG:600510
|
$975.57 Million |
|
Redcare Pharmacy NV
F:RDC
|
$973.54 Million |
|
Suzhou K-Hiragawa Electronic Technology Co. Ltd. A
SHG:603052
|
$972.78 Million |
|
Altamir SCA
PA:LTA
|
$972.38 Million |
|
Retail Estates - Sicafi
BR:RET
|
$972.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mingyue Optical Lens Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,669,525,835 to 1,762,467,667, a change of 92,941,833 (5.6%).
- Net income of 192,922,623 contributed positively to equity growth.
- Dividend payments of 101,384,910 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥192.92 Million | +10.95% |
| Dividends Paid | CN¥101.38 Million | -5.75% |
| Other Changes | CN¥1.40 Million | +0.08% |
| Total Change | CN¥- | 5.57% |
Book Value vs Market Value Analysis
This analysis compares Mingyue Optical Lens 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: 3.78x
- 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 7.33x to 3.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥4.51 | CN¥33.02 | x |
| 2020-12-31 | CN¥3.49 | CN¥33.02 | x |
| 2021-12-31 | CN¥6.97 | CN¥33.02 | x |
| 2022-12-31 | CN¥7.29 | CN¥33.02 | x |
| 2023-12-31 | CN¥7.72 | CN¥33.02 | x |
| 2024-12-31 | CN¥8.28 | CN¥33.02 | x |
| 2025-12-31 | CN¥8.75 | CN¥33.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mingyue Optical Lens 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): 10.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.31%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.15x
- Recent ROE (10.95%) is above the historical average (10.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 15.39% | 12.64% | 0.88x | 1.38x | CN¥24.45 Million |
| 2020 | 13.28% | 12.97% | 0.77x | 1.33x | CN¥17.27 Million |
| 2021 | 5.85% | 14.26% | 0.36x | 1.14x | CN¥-58.34 Million |
| 2022 | 9.27% | 21.86% | 0.38x | 1.13x | CN¥-10.71 Million |
| 2023 | 10.12% | 21.04% | 0.43x | 1.13x | CN¥1.89 Million |
| 2024 | 10.59% | 22.95% | 0.41x | 1.11x | CN¥9.83 Million |
| 2025 | 10.95% | 23.31% | 0.41x | 1.15x | CN¥16.68 Million |
Industry Comparison
This section compares Mingyue Optical Lens Co.Ltd.'s net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $2,194,540,659
- Average return on equity (ROE) among peers: 3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mingyue Optical Lens Co.Ltd. (301101) | CN¥1.86 Billion | 15.39% | 0.12x | $973.68 Million |
| Beijing Centergate Technologies Holding Co Ltd (000931) | $635.38 Million | -30.99% | 5.84x | $411.07 Million |
| Blue Sail Medical Co Ltd (002382) | $8.46 Billion | 5.79% | 0.57x | $797.66 Million |
| Andon Health Co Ltd (002432) | $1.60 Billion | 4.16% | 0.21x | $3.83 Billion |
| Allmed Medical Products Co Ltd Class A (002950) | $3.13 Billion | 12.99% | 0.84x | $758.94 Million |
| Guangzhou Improve Med Instrument (300030) | $648.25 Million | 5.50% | 0.11x | $330.73 Million |
| QITIAN Technology Group Co Ltd (300061) | $454.08 Million | 4.62% | 0.56x | $669.23 Million |
| Shanghai Tofflon Science Tech (300171) | $2.23 Billion | 10.48% | 0.44x | $1.53 Billion |
| Truking Technology Ltd (300358) | $3.68 Billion | 15.39% | 1.70x | $964.79 Million |
| Jiangxi Sanxin Medtec Co Ltd (300453) | $552.62 Million | 6.63% | 0.13x | $710.50 Million |
| Shenyang Xingqi Pharmaceutical Co Ltd (300573) | $554.58 Million | 2.46% | 0.28x | $1.21 Billion |
About Mingyue Optical Lens Co.Ltd.
Mingyue Optical Lens Co.,Ltd. engages in the research and development, design, and production of lenses, lens raw materials, finished mirrors, and frames in China and internationally. The company offers myopia management for teenagers, progressive multifocal lenses, photochromic lenses, custom lenses, anti-fatigue lenses, outdoor polarized myopia sunglasses, KR lenses, post-operative protection l… Read more