Phenix Optical Co Ltd

SHG:600071 China Leisure
Market Cap
$774.43 Million
CN¥5.68 Billion CNY
Market Cap Rank
#11522 Global
#2716 in China
Share Price
CN¥20.18
Change (1 day)
-0.74%
52-Week Range
CN¥17.43 - CN¥25.41
All Time High
CN¥60.21
Categories
Companies in China Leisure
About

Phenix Optical Company Limited, together with its subsidiaries, manufactures and sells optical products, controllers, and lithium batteries in China and internationally. The company offers optical lenses, including BI, machine vision, ITS, automotive, infrared, and smart hardware/home lens; Imaging solutions, such as bioscience camera, home appliance camera, AI customized camera, and Infrared the… Read more

Phenix Optical Co Ltd (600071) - Net Assets

Latest net assets as of September 2025: CN¥554.15 Million CNY

Based on the latest financial reports, Phenix Optical Co Ltd (600071) has net assets worth CN¥554.15 Million CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.63 Billion) and total liabilities (CN¥1.07 Billion). 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¥554.15 Million
% of Total Assets 34.09%
Annual Growth Rate 10.51%
5-Year Change -6.91%
10-Year Change -11.48%
Growth Volatility 52.31

Phenix Optical Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Phenix Optical Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Phenix Optical Co Ltd (1994–2024)

The table below shows the annual net assets of Phenix Optical Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥553.93 Million +6.76%
2023-12-31 CN¥518.87 Million -15.52%
2022-12-31 CN¥614.21 Million +0.99%
2021-12-31 CN¥608.17 Million +2.21%
2020-12-31 CN¥595.03 Million +3.72%
2019-12-31 CN¥573.71 Million +13.72%
2018-12-31 CN¥504.47 Million +4.23%
2017-12-31 CN¥484.01 Million -1.57%
2016-12-31 CN¥491.75 Million -21.42%
2015-12-31 CN¥625.77 Million -0.66%
2014-12-31 CN¥629.91 Million -15.67%
2013-12-31 CN¥746.97 Million -5.57%
2012-12-31 CN¥791.05 Million -2.33%
2011-12-31 CN¥809.92 Million +1.37%
2010-12-31 CN¥798.94 Million +4.46%
2009-12-31 CN¥764.82 Million +4.73%
2008-12-31 CN¥730.31 Million +3.28%
2007-12-31 CN¥707.09 Million +9.87%
2006-12-31 CN¥643.58 Million +5.20%
2005-12-31 CN¥611.75 Million +10.68%
2004-12-31 CN¥552.73 Million +9.12%
2003-12-31 CN¥506.52 Million +7.13%
2002-12-31 CN¥472.79 Million +9.94%
2001-12-31 CN¥430.06 Million +10.81%
2000-12-31 CN¥388.11 Million +11.87%
1999-12-31 CN¥346.93 Million +56.74%
1998-12-31 CN¥221.34 Million +12.74%
1997-12-31 CN¥196.32 Million +283.37%
1996-12-31 CN¥51.21 Million +64.10%
1995-12-31 CN¥31.21 Million +12.90%
1994-12-31 CN¥27.64 Million --

Equity Component Analysis

This analysis shows how different components contribute to Phenix Optical 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 3264300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥32.64 Million 6.87%
Common Stock CN¥281.57 Million 59.25%
Other Components CN¥161.03 Million 33.88%
Total Equity CN¥475.25 Million 100.00%

Phenix Optical Co Ltd Competitors by Market Cap

The table below lists competitors of Phenix Optical Co Ltd ranked by their market capitalization.

Company Market Cap
Ic Enterra Yenilenebilir Enerji As
IS:ENTRA
 		$388.72 Million
Shenzhen Comix Group Co Ltd
SHE:002301
 		$388.88 Million
Welspun Living Limited
NSE:WELSPUNLIV
 		$388.93 Million
StarHub Ltd
F:RYTB
 		$388.98 Million
Greatech Technology Bhd
KLSE:0208
 		$388.67 Million
Einhell Germany AG
F:EIN
 		$388.61 Million
Jiaxing ZMAX Optech Co. Ltd. A
SHG:688307
 		$388.60 Million
Fine Semitech Corp
KQ:036810
 		$388.60 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Phenix Optical Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 437,750,000 to 475,250,000, a change of 37,500,000 (8.6%).
  • Net income of 13,446,000 contributed positively to equity growth.
  • Dividend payments of 22,637,000 reduced retained earnings.
  • Other factors increased equity by 46,691,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥13.45 Million +2.83%
Dividends Paid CN¥22.64 Million -4.76%
Other Changes CN¥46.69 Million +9.82%
Total Change CN¥- 8.57%

Book Value vs Market Value Analysis

This analysis compares Phenix Optical 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: 11.42x
  • 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 178.06x to 11.42x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.11 CN¥20.18 x
1995-12-31 CN¥0.13 CN¥20.18 x
1996-12-31 CN¥0.21 CN¥20.18 x
1997-12-31 CN¥0.80 CN¥20.18 x
1998-12-31 CN¥0.90 CN¥20.18 x
1999-12-31 CN¥1.41 CN¥20.18 x
2000-12-31 CN¥1.53 CN¥20.18 x
2001-12-31 CN¥1.66 CN¥20.18 x
2002-12-31 CN¥1.82 CN¥20.18 x
2003-12-31 CN¥1.93 CN¥20.18 x
2004-12-31 CN¥1.98 CN¥20.18 x
2005-12-31 CN¥2.08 CN¥20.18 x
2006-12-31 CN¥2.05 CN¥20.18 x
2007-12-31 CN¥2.24 CN¥20.18 x
2008-12-31 CN¥2.34 CN¥20.18 x
2009-12-31 CN¥2.45 CN¥20.18 x
2010-12-31 CN¥2.57 CN¥20.18 x
2011-12-31 CN¥2.59 CN¥20.18 x
2012-12-31 CN¥2.62 CN¥20.18 x
2013-12-31 CN¥2.50 CN¥20.18 x
2014-12-31 CN¥2.07 CN¥20.18 x
2015-12-31 CN¥2.07 CN¥20.18 x
2016-12-31 CN¥1.66 CN¥20.18 x
2017-12-31 CN¥1.77 CN¥20.18 x
2018-12-31 CN¥2.29 CN¥20.18 x
2019-12-31 CN¥2.23 CN¥20.18 x
2020-12-31 CN¥1.81 CN¥20.18 x
2021-12-31 CN¥1.96 CN¥20.18 x
2022-12-31 CN¥1.87 CN¥20.18 x
2023-12-31 CN¥1.55 CN¥20.18 x
2024-12-31 CN¥1.77 CN¥20.18 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Phenix Optical 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): 2.83%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.80%
  • • Asset Turnover: 0.89x
  • • Equity Multiplier: 3.95x
  • Recent ROE (2.83%) is below the historical average (5.89%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 40.83% 15.86% 0.84x 3.07x CN¥8.52 Million
1995 45.70% 16.90% 0.77x 3.52x CN¥11.14 Million
1996 29.45% 13.88% 0.82x 2.58x CN¥9.96 Million
1997 16.49% 23.11% 0.48x 1.50x CN¥12.72 Million
1998 10.40% 12.31% 0.65x 1.30x CN¥888.65K
1999 8.27% 11.59% 0.53x 1.36x CN¥-5.92 Million
2000 10.27% 14.01% 0.48x 1.51x CN¥1.01 Million
2001 8.51% 10.98% 0.47x 1.63x CN¥-6.04 Million
2002 4.44% 5.78% 0.51x 1.52x CN¥-24.66 Million
2003 6.04% 5.35% 0.63x 1.80x CN¥-18.63 Million
2004 7.84% 6.26% 0.65x 1.93x CN¥-10.38 Million
2005 5.63% 5.34% 0.55x 1.92x CN¥-22.16 Million
2006 6.83% 4.11% 0.84x 1.99x CN¥-15.82 Million
2007 7.19% 3.68% 0.93x 2.11x CN¥-14.94 Million
2008 4.98% 2.86% 0.89x 1.96x CN¥-27.94 Million
2009 8.03% 5.01% 0.82x 1.97x CN¥-11.50 Million
2010 8.99% 3.75% 1.31x 1.83x CN¥-6.19 Million
2011 0.75% 0.31% 1.29x 1.86x CN¥-56.91 Million
2012 1.00% 0.46% 1.35x 1.63x CN¥-55.91 Million
2013 -4.76% -4.05% 0.75x 1.57x CN¥-87.55 Million
2014 -20.47% -11.31% 0.83x 2.18x CN¥-150.05 Million
2015 3.87% 2.47% 0.74x 2.12x CN¥-31.42 Million
2016 -29.58% -15.40% 0.78x 2.46x CN¥-154.41 Million
2017 7.92% 4.22% 0.85x 2.20x CN¥-8.83 Million
2018 4.37% 3.04% 0.78x 1.83x CN¥-30.53 Million
2019 0.90% 0.39% 0.75x 3.03x CN¥-45.06 Million
2020 2.81% 1.13% 0.75x 3.32x CN¥-36.69 Million
2021 2.04% 0.67% 0.86x 3.55x CN¥-41.45 Million
2022 0.33% 0.09% 0.89x 3.97x CN¥-50.81 Million
2023 -19.30% -4.72% 0.92x 4.45x CN¥-128.25 Million
2024 2.83% 0.80% 0.89x 3.95x CN¥-34.08 Million

Industry Comparison

This section compares Phenix Optical Co Ltd's net assets metrics with peer companies in the Leisure industry.

Industry Context

  • Industry: Leisure
  • Average net assets among peers: $780,869,385
  • Average return on equity (ROE) among peers: 7.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Phenix Optical Co Ltd (600071) CN¥554.15 Million 40.83% 1.93x $388.69 Million
China Bicycle Co Holdings Ltd (000017) $-1.76 Billion 0.00% 0.00x $399.65 Million
Sportsoul Co. Ltd. A (001300) $1.06 Billion 2.11% 0.25x $179.80 Million
HL Corp Shenzhen (002105) $567.28 Million 4.46% 1.51x $173.11 Million
Goldlok Toys Holdings Guangdong Co Ltd (002348) $1.12 Billion 5.75% 0.06x $627.40 Million
Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) $884.00 Million 4.93% 0.13x $533.55 Million
Shanghai Yaoji Playing Card Co Ltd (002605) $1.06 Billion 8.95% 0.37x $695.43 Million
Xiamen Comfort Science&Technology Group Co Ltd (002614) $217.49 Million 21.16% 1.94x $334.52 Million
Guangzhou Pearl River Piano Group Co Ltd (002678) $3.73 Billion 0.16% 0.22x $191.51 Million
Shifeng Cultural Development Co Ltd (002862) $569.17 Million 5.62% 0.07x $192.82 Million
Impulse Qingdao Health Tech Co Ltd (002899) $361.39 Million 21.08% 0.71x $407.33 Million