Guangdong Hongjing Optoelectronic Technology Inc.
Guangdong Hongjing Optoelectronic Technology Inc. focuses on the research, design, development, production, and sale of optical lenses and camera module products in China and internationally. It offers automotive lens and modules, including automotive reversing rear view, panoramic round-viewing, front view, electronic rear view, and internal view lens and modules; consumer lens and modules compr… Read more
Guangdong Hongjing Optoelectronic Technology Inc. (301479) - Net Assets
Latest net assets as of June 2025: CN¥1.16 Billion CNY
Based on the latest financial reports, Guangdong Hongjing Optoelectronic Technology Inc. (301479) has net assets worth CN¥1.16 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.67 Billion) and total liabilities (CN¥504.51 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¥1.16 Billion |
| % of Total Assets | 69.77% |
| Annual Growth Rate | 59.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 34.26 |
Guangdong Hongjing Optoelectronic Technology Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Guangdong Hongjing Optoelectronic Technology Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guangdong Hongjing Optoelectronic Technology Inc. (2021–2024)
The table below shows the annual net assets of Guangdong Hongjing Optoelectronic Technology Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥590.02 Million | +39.21% |
| 2023-12-31 | CN¥423.83 Million | +38.24% |
| 2022-12-31 | CN¥306.59 Million | +111.39% |
| 2021-12-31 | CN¥145.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Hongjing Optoelectronic Technology Inc.'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 868.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥358.66 Million | 60.79% |
| Other Components | CN¥231.36 Million | 39.21% |
| Total Equity | CN¥590.02 Million | 100.00% |
Guangdong Hongjing Optoelectronic Technology Inc. Competitors by Market Cap
The table below lists competitors of Guangdong Hongjing Optoelectronic Technology Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Invesco Value Municipal Income Closed Fund
NYSE:IIM
|
$117.48K |
|
Ecopetrol SA
STU:ECHA
|
$117.56K |
|
Pioneer Diversified High IT
NYSE MKT:HNW
|
$117.64K |
|
BIYM39
SA:BIYM39
|
$117.70K |
|
Jyske Invest Lange Obligationer
CO:JYILOB
|
$117.38K |
|
SAMIR
BC:SAMIR
|
$117.36K |
|
PEARSON
BE:PES
|
$117.34K |
|
ELET5F
SA:ELET5F
|
$117.26K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Hongjing Optoelectronic Technology Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 423,828,438 to 590,018,464, a change of 166,190,025 (39.2%).
- Net income of 165,227,269 contributed positively to equity growth.
- Dividend payments of 4,682,863 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥165.23 Million | +28.0% |
| Dividends Paid | CN¥4.68 Million | -0.79% |
| Other Changes | CN¥5.65 Million | +0.96% |
| Total Change | CN¥- | 39.21% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Hongjing Optoelectronic Technology Inc.'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: 10.70x
- 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 39.77x to 10.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥2.38 | CN¥94.58 | x |
| 2022-12-31 | CN¥4.59 | CN¥94.58 | x |
| 2023-12-31 | CN¥6.35 | CN¥94.58 | x |
| 2024-12-31 | CN¥8.84 | CN¥94.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Hongjing Optoelectronic Technology Inc. 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): 28.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.13%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.81x
- Recent ROE (28.00%) is above the historical average (21.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 10.52% | 6.06% | 0.89x | 1.96x | CN¥754.65K |
| 2022 | 18.41% | 12.64% | 0.75x | 1.93x | CN¥25.79 Million |
| 2023 | 27.47% | 15.06% | 1.03x | 1.78x | CN¥74.05 Million |
| 2024 | 28.00% | 15.13% | 1.02x | 1.81x | CN¥106.23 Million |
Industry Comparison
This section compares Guangdong Hongjing Optoelectronic Technology Inc.'s net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $1,549,622,281
- Average return on equity (ROE) among peers: 4.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Hongjing Optoelectronic Technology Inc. (301479) | CN¥1.16 Billion | 10.52% | 0.43x | $117.47K |
| Shenzhen Kaifa Technology Co Ltd (000021) | $3.49 Billion | 20.34% | 0.48x | $4.21 Billion |
| China Greatwall Computer Shenzhen Co Ltd (000066) | $172.34 Million | 10.88% | 1.56x | $4.11 Billion |
| TPV Technology Co Ltd (000727) | $555.60 Million | -88.79% | 1.39x | $917.87 Million |
| Inspur Electronic Info Industr (000977) | $900.93 Million | 4.81% | 0.23x | $8.33 Billion |
| JWIPC Technology Co Ltd (001339) | $2.19 Billion | 5.71% | 1.34x | $665.52 Million |
| Shandong Senter Electn Co Ltd (001388) | $586.50 Million | 20.03% | 0.78x | $57.68K |
| Ninestar Corp (002180) | $322.23 Million | 8.58% | 0.16x | $2.12 Billion |
| Hangzhou Hikvision Digital Technology Co Ltd (002415) | $337.64 Million | 61.25% | 0.41x | $15.32 Billion |
| Shenzhen Rapoo Technology (002577) | $1.17 Billion | 1.62% | 0.12x | $265.22 Million |
| Suzhou Anjie Technology Co Ltd (002635) | $5.78 Billion | 3.44% | 0.35x | $599.23 Million |