Sanan Optoelectronics Co Ltd

SHG:600703 China Semiconductors
Market Cap
$12.33 Billion
CN¥90.50 Billion CNY
Market Cap Rank
#2488 Global
#157 in China
Share Price
CN¥18.14
Change (1 day)
-3.20%
52-Week Range
CN¥10.61 - CN¥18.74
All Time High
CN¥44.59
Categories
Companies in China Semiconductors Technology AI & Machine Learning
About

Sanan Optoelectronics Co.,Ltd. engages in the research, development, production, and sale of compound semiconductor materials and devices in China and internationally. It offers gallium nitride, gallium arsenide, silicon carbide, indium phosphide, aluminum nitride, and sapphire products. The company also provides LED epitaxial wafer, chips, headlights; and RF and filter chips, power electronics c… Read more

Sanan Optoelectronics Co Ltd (600703) - Net Assets

Latest net assets as of September 2025: CN¥35.42 Billion CNY

Based on the latest financial reports, Sanan Optoelectronics Co Ltd (600703) has net assets worth CN¥35.42 Billion 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¥58.27 Billion) and total liabilities (CN¥22.85 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¥35.42 Billion
% of Total Assets 60.79%
Annual Growth Rate 20.48%
5-Year Change 24.33%
10-Year Change 130.88%
Growth Volatility 76.53

Sanan Optoelectronics Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Sanan Optoelectronics 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 Sanan Optoelectronics Co Ltd (1995–2024)

The table below shows the annual net assets of Sanan Optoelectronics Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥36.89 Billion -3.68%
2023-12-31 CN¥38.30 Billion +0.94%
2022-12-31 CN¥37.95 Billion +24.60%
2021-12-31 CN¥30.45 Billion +2.64%
2020-12-31 CN¥29.67 Billion +36.45%
2019-12-31 CN¥21.75 Billion +2.34%
2018-12-31 CN¥21.25 Billion +7.47%
2017-12-31 CN¥19.77 Billion +13.40%
2016-12-31 CN¥17.44 Billion +9.12%
2015-12-31 CN¥15.98 Billion +39.44%
2014-12-31 CN¥11.46 Billion +63.64%
2013-12-31 CN¥7.00 Billion +11.28%
2012-12-31 CN¥6.29 Billion +6.53%
2011-12-31 CN¥5.91 Billion +20.30%
2010-12-31 CN¥4.91 Billion +236.09%
2009-12-31 CN¥1.46 Billion +203.67%
2008-12-31 CN¥481.13 Million +249.64%
2006-12-31 CN¥-321.53 Million -34.99%
2005-12-31 CN¥-238.19 Million -204.08%
2004-12-31 CN¥228.85 Million -0.75%
2003-12-31 CN¥230.58 Million +26.91%
2002-12-31 CN¥181.70 Million +14.81%
2001-12-31 CN¥158.26 Million +50.67%
2000-12-31 CN¥105.04 Million -19.13%
1999-12-31 CN¥129.89 Million -69.61%
1998-12-31 CN¥427.43 Million -11.92%
1997-12-31 CN¥485.29 Million +68.87%
1996-12-31 CN¥287.38 Million +73.08%
1995-12-31 CN¥166.04 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sanan Optoelectronics 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 51869.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥11.51 Billion 31.21%
Common Stock CN¥4.99 Billion 13.53%
Other Comprehensive Income CN¥1.51 Billion 4.08%
Other Components CN¥18.87 Billion 51.18%
Total Equity CN¥36.87 Billion 100.00%

Sanan Optoelectronics Co Ltd Competitors by Market Cap

The table below lists competitors of Sanan Optoelectronics Co Ltd ranked by their market capitalization.

Company Market Cap
Krystal Biotech Inc
NASDAQ:KRYS
 		$5.87 Billion
Zhejiang Satellite Petrochemical Co Ltd
SHE:002648
 		$5.87 Billion
Meiji Holdings Co. Ltd
F:3M0
 		$5.87 Billion
Paycom Software, Inc.
NYSE:PAYC
 		$5.87 Billion
Whitbread plc
PINK:WTBCF
 		$5.85 Billion
Direct Line Insurance Group PLC
PINK:DIISY
 		$5.85 Billion
Eagle Materials Inc
NYSE:EXP
 		$5.85 Billion
Sinomine Resource Exploration Co Ltd
SHE:002738
 		$5.85 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 38,303,349,738 to 36,868,571,000, a change of -1,434,778,738 (-3.7%).
  • Net income of 252,846,296 contributed positively to equity growth.
  • Dividend payments of 448,610,604 reduced retained earnings.
  • Share repurchases of 1,580,909,342 reduced equity.
  • Other comprehensive income increased equity by 1,505,094,000.
  • Other factors decreased equity by 1,163,199,088.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥252.85 Million +0.69%
Dividends Paid CN¥448.61 Million -1.22%
Share Repurchases CN¥1.58 Billion -4.29%
Other Comprehensive Income CN¥1.51 Billion +4.08%
Other Changes CN¥-1.16 Billion -3.15%
Total Change CN¥- -3.75%

Book Value vs Market Value Analysis

This analysis compares Sanan Optoelectronics 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: 2.49x
  • 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 172.26x to 2.49x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.11 CN¥18.14 x
1996-12-31 CN¥0.19 CN¥18.14 x
1997-12-31 CN¥0.21 CN¥18.14 x
1998-12-31 CN¥0.28 CN¥18.14 x
1999-12-31 CN¥0.08 CN¥18.14 x
2000-12-31 CN¥0.07 CN¥18.14 x
2001-12-31 CN¥0.10 CN¥18.14 x
2002-12-31 CN¥0.12 CN¥18.14 x
2003-12-31 CN¥0.15 CN¥18.14 x
2004-12-31 CN¥0.15 CN¥18.14 x
2005-12-31 CN¥-0.16 CN¥18.14 x
2006-12-31 CN¥-0.22 CN¥18.14 x
2007-12-31 CN¥-0.07 CN¥18.14 x
2008-12-31 CN¥0.25 CN¥18.14 x
2009-12-31 CN¥0.54 CN¥18.14 x
2010-12-31 CN¥1.63 CN¥18.14 x
2011-12-31 CN¥1.64 CN¥18.14 x
2012-12-31 CN¥1.74 CN¥18.14 x
2013-12-31 CN¥2.02 CN¥18.14 x
2014-12-31 CN¥2.95 CN¥18.14 x
2015-12-31 CN¥4.13 CN¥18.14 x
2016-12-31 CN¥4.27 CN¥18.14 x
2017-12-31 CN¥4.87 CN¥18.14 x
2018-12-31 CN¥5.18 CN¥18.14 x
2019-12-31 CN¥5.36 CN¥18.14 x
2020-12-31 CN¥7.01 CN¥18.14 x
2021-12-31 CN¥6.80 CN¥18.14 x
2022-12-31 CN¥7.66 CN¥18.14 x
2023-12-31 CN¥7.31 CN¥18.14 x
2024-12-31 CN¥7.29 CN¥18.14 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sanan Optoelectronics 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): 0.69%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.57%
  • • Asset Turnover: 0.27x
  • • Equity Multiplier: 1.60x
  • Recent ROE (0.69%) is below the historical average (4.15%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 17.70% 10.26% 0.59x 2.94x CN¥12.24 Million
1996 10.96% 15.85% 0.35x 1.98x CN¥2.69 Million
1997 10.09% 10.10% 0.45x 2.22x CN¥276.50K
1998 11.02% 24.51% 0.37x 1.22x CN¥4.34 Million
1999 -92.86% -103.29% 0.26x 3.41x CN¥-130.16 Million
2000 -24.30% -34.47% 0.23x 3.02x CN¥-34.91 Million
2001 8.32% 3.11% 0.98x 2.72x CN¥-2.65 Million
2002 9.88% 3.45% 0.86x 3.34x CN¥-203.87K
2003 14.46% 5.27% 0.84x 3.27x CN¥9.99 Million
2004 0.11% 0.05% 0.64x 3.59x CN¥-22.14 Million
2005 0.00% -337.47% 0.11x 0.00x CN¥-135.35 Million
2006 0.00% -15226.10% 0.00x 0.00x CN¥-37.84 Million
2007 0.00% 41350.35% 0.00x 0.00x CN¥358.67 Million
2008 10.82% 24.42% 0.25x 1.79x CN¥3.94 Million
2009 12.33% 38.31% 0.23x 1.41x CN¥34.04 Million
2010 8.63% 48.60% 0.14x 1.24x CN¥-66.73 Million
2011 16.53% 53.58% 0.19x 1.66x CN¥369.69 Million
2012 13.41% 24.09% 0.29x 1.93x CN¥205.87 Million
2013 14.87% 27.76% 0.28x 1.92x CN¥339.24 Million
2014 12.92% 31.93% 0.27x 1.50x CN¥330.38 Million
2015 10.65% 34.88% 0.23x 1.31x CN¥102.70 Million
2016 12.43% 34.54% 0.27x 1.35x CN¥423.07 Million
2017 16.01% 37.70% 0.33x 1.28x CN¥1.19 Billion
2018 13.32% 33.84% 0.27x 1.45x CN¥705.27 Million
2019 5.97% 17.41% 0.25x 1.36x CN¥-876.06 Million
2020 3.43% 12.02% 0.22x 1.31x CN¥-1.95 Billion
2021 4.31% 10.44% 0.26x 1.56x CN¥-1.73 Billion
2022 1.81% 5.18% 0.23x 1.54x CN¥-3.11 Billion
2023 0.96% 2.61% 0.24x 1.51x CN¥-3.46 Billion
2024 0.69% 1.57% 0.27x 1.60x CN¥-3.43 Billion

Industry Comparison

This section compares Sanan Optoelectronics Co Ltd's net assets metrics with peer companies in the Semiconductors industry.

Industry Context

  • Industry: Semiconductors
  • Average net assets among peers: $880,722,789
  • Average return on equity (ROE) among peers: -2.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sanan Optoelectronics Co Ltd (600703) CN¥35.42 Billion 17.70% 0.64x $5.86 Billion
UniTTEC Co Ltd (000925) $84.18 Million 29.84% 0.80x $578.87 Million
Zhejiang Chengchang Technology Co. Ltd. (001270) $1.36 Billion 9.73% 0.04x $1.22 Billion
Shenzhen Techwinsemi Technology Co. Ltd. (001309) $28.78 Million 25.94% 4.55x $5.61 Billion
Unigroup Guoxin Microelectronics Co Ltd (002049) $2.35 Billion 11.59% 0.31x $6.06 Billion
Sinosteel Anhui Tianyuan Technology Co Ltd (002057) $3.02 Billion 7.15% 0.61x $693.86 Million
Suzhou Good-Ark Electronics Co Ltd (002079) $150.59 Million 29.58% 0.75x $799.25 Million
Tianjin Printronics Circuit Corp (002134) $695.35 Million -2.78% 0.19x $565.39 Million
Tatwah Smartech Co Ltd (002512) $109.40 Million 34.98% 1.09x $489.89 Million
Chutian Dragon Co Ltd (003040) $988.34 Million 12.83% 0.52x $512.00 Million
Jiangsu Huasheng Tianlong Photo (300029) $17.90 Million -178.82% 10.63x $94.42 Million