Sanan Optoelectronics Co Ltd (600703) - Net Assets
Based on the latest financial reports, Sanan Optoelectronics Co Ltd (600703) has net assets worth CN¥35.03 Billion CNY (≈ $5.13 Billion 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¥57.72 Billion ≈ $8.45 Billion USD) and total liabilities (CN¥22.69 Billion ≈ $3.32 Billion 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 Sanan Optoelectronics Co Ltd assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥35.03 Billion |
| % of Total Assets | 60.68% |
| Annual Growth Rate | 19.53% |
| 5-Year Change | 14.96% |
| 10-Year Change | 100.79% |
| Growth Volatility | 75.29 |
Sanan Optoelectronics Co Ltd - Net Assets Trend (1995–2025)
This chart illustrates how Sanan Optoelectronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Sanan Optoelectronics Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Sanan Optoelectronics Co Ltd (1995–2025)
The table below shows the annual net assets of Sanan Optoelectronics Co Ltd from 1995 to 2025. For live valuation and market cap data, see 600703 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥35.01 Billion ≈ $5.12 Billion |
-5.10% |
| 2024-12-31 | CN¥36.89 Billion ≈ $5.40 Billion |
-3.68% |
| 2023-12-31 | CN¥38.30 Billion ≈ $5.60 Billion |
+0.94% |
| 2022-12-31 | CN¥37.95 Billion ≈ $5.55 Billion |
+24.60% |
| 2021-12-31 | CN¥30.45 Billion ≈ $4.46 Billion |
+2.64% |
| 2020-12-31 | CN¥29.67 Billion ≈ $4.34 Billion |
+36.45% |
| 2019-12-31 | CN¥21.75 Billion ≈ $3.18 Billion |
+2.34% |
| 2018-12-31 | CN¥21.25 Billion ≈ $3.11 Billion |
+7.47% |
| 2017-12-31 | CN¥19.77 Billion ≈ $2.89 Billion |
+13.40% |
| 2016-12-31 | CN¥17.44 Billion ≈ $2.55 Billion |
+9.12% |
| 2015-12-31 | CN¥15.98 Billion ≈ $2.34 Billion |
+39.44% |
| 2014-12-31 | CN¥11.46 Billion ≈ $1.68 Billion |
+63.64% |
| 2013-12-31 | CN¥7.00 Billion ≈ $1.02 Billion |
+11.28% |
| 2012-12-31 | CN¥6.29 Billion ≈ $920.87 Million |
+6.53% |
| 2011-12-31 | CN¥5.91 Billion ≈ $864.39 Million |
+20.30% |
| 2010-12-31 | CN¥4.91 Billion ≈ $718.55 Million |
+236.09% |
| 2009-12-31 | CN¥1.46 Billion ≈ $213.80 Million |
+203.67% |
| 2008-12-31 | CN¥481.13 Million ≈ $70.40 Million |
+249.64% |
| 2006-12-31 | CN¥-321.53 Million ≈ $-47.05 Million |
-34.99% |
| 2005-12-31 | CN¥-238.19 Million ≈ $-34.85 Million |
-204.08% |
| 2004-12-31 | CN¥228.85 Million ≈ $33.49 Million |
-0.75% |
| 2003-12-31 | CN¥230.58 Million ≈ $33.74 Million |
+26.91% |
| 2002-12-31 | CN¥181.70 Million ≈ $26.59 Million |
+14.81% |
| 2001-12-31 | CN¥158.26 Million ≈ $23.16 Million |
+50.67% |
| 2000-12-31 | CN¥105.04 Million ≈ $15.37 Million |
-19.13% |
| 1999-12-31 | CN¥129.89 Million ≈ $19.01 Million |
-69.61% |
| 1998-12-31 | CN¥427.43 Million ≈ $62.55 Million |
-11.92% |
| 1997-12-31 | CN¥485.29 Million ≈ $71.01 Million |
+68.87% |
| 1996-12-31 | CN¥287.38 Million ≈ $42.05 Million |
+73.08% |
| 1995-12-31 | CN¥166.04 Million ≈ $24.30 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 49539.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥10.99 Billion | 31.51% |
| Other Components | CN¥23.89 Billion | 68.49% |
| Total Equity | CN¥34.88 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 |
|---|---|
|
Tianshan Aluminum Group Co Ltd
SHE:002532
|
$8.94 Billion |
|
Range Resources Corp
NYSE:RRC
|
$8.94 Billion |
|
FirstCash Inc
NASDAQ:FCFS
|
$8.94 Billion |
|
Element Solutions Inc
NYSE:ESI
|
$8.95 Billion |
|
Dutch Bros Inc
NYSE:BROS
|
$8.93 Billion |
|
Globus Medical
NYSE:GMED
|
$8.93 Billion |
|
Interpublic Group of Companies Inc
NYSE:IPG
|
$8.93 Billion |
|
ORKLA ADR/1 NK 625
F:OKL0
|
$8.92 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 2024 to 2025, total equity changed from 36,868,571,000 to 34,883,669,003, a change of -1,984,901,997 (-5.4%).
- Net loss of 353,214,167 reduced equity.
- Dividend payments of 398,820,796 reduced retained earnings.
- Other comprehensive income decreased equity by 1,505,094,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-353.21 Million | -1.01% |
| Dividends Paid | CN¥398.82 Million | -1.14% |
| Other Comprehensive Income | CN¥-1.51 Billion | -4.31% |
| Other Changes | CN¥272.23 Million | +0.78% |
| Total Change | CN¥- | -5.38% |
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: 1.75x
- 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 116.23x to 1.75x 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¥12.24 | x |
| 1996-12-31 | CN¥0.19 | CN¥12.24 | x |
| 1997-12-31 | CN¥0.21 | CN¥12.24 | x |
| 1998-12-31 | CN¥0.28 | CN¥12.24 | x |
| 1999-12-31 | CN¥0.08 | CN¥12.24 | x |
| 2000-12-31 | CN¥0.07 | CN¥12.24 | x |
| 2001-12-31 | CN¥0.10 | CN¥12.24 | x |
| 2002-12-31 | CN¥0.12 | CN¥12.24 | x |
| 2003-12-31 | CN¥0.15 | CN¥12.24 | x |
| 2004-12-31 | CN¥0.15 | CN¥12.24 | x |
| 2005-12-31 | CN¥-0.16 | CN¥12.24 | x |
| 2006-12-31 | CN¥-0.22 | CN¥12.24 | x |
| 2007-12-31 | CN¥-0.07 | CN¥12.24 | x |
| 2008-12-31 | CN¥0.25 | CN¥12.24 | x |
| 2009-12-31 | CN¥0.54 | CN¥12.24 | x |
| 2010-12-31 | CN¥1.63 | CN¥12.24 | x |
| 2011-12-31 | CN¥1.64 | CN¥12.24 | x |
| 2012-12-31 | CN¥1.74 | CN¥12.24 | x |
| 2013-12-31 | CN¥2.02 | CN¥12.24 | x |
| 2014-12-31 | CN¥2.95 | CN¥12.24 | x |
| 2015-12-31 | CN¥4.13 | CN¥12.24 | x |
| 2016-12-31 | CN¥4.27 | CN¥12.24 | x |
| 2017-12-31 | CN¥4.87 | CN¥12.24 | x |
| 2018-12-31 | CN¥5.18 | CN¥12.24 | x |
| 2019-12-31 | CN¥5.36 | CN¥12.24 | x |
| 2020-12-31 | CN¥7.01 | CN¥12.24 | x |
| 2021-12-31 | CN¥6.80 | CN¥12.24 | x |
| 2022-12-31 | CN¥7.66 | CN¥12.24 | x |
| 2023-12-31 | CN¥7.31 | CN¥12.24 | x |
| 2024-12-31 | CN¥7.29 | CN¥12.24 | x |
| 2025-12-31 | CN¥6.99 | CN¥12.24 | 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): -1.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.97%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.67x
- Recent ROE (-1.01%) is below the historical average (3.98%), 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 |
| 2025 | -1.01% | -1.97% | 0.31x | 1.67x | CN¥-3.84 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: $976,195,482
- Average return on equity (ROE) among peers: 11.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sanan Optoelectronics Co Ltd (600703) | CN¥35.03 Billion | 17.70% | 0.65x | $8.94 Billion |
| UniTTEC Co Ltd (000925) | $607.71 Million | 8.84% | 2.77x | $703.71 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $3.28 Billion | 10.26% | 0.36x | $8.08 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $543.84 Million | 12.98% | 0.26x | $885.84 Million |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $1.21 Billion | 5.68% | 0.25x | $1.18 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $1.14 Billion | 15.86% | 0.87x | $1.12 Billion |
| Tianjin Printronics Circuit Corp (002134) | $731.51 Million | 3.61% | 1.05x | $664.47 Million |
| Tatwah Smartech Co Ltd (002512) | $109.40 Million | 34.98% | 1.09x | $598.49 Million |
| Chutian Dragon Co Ltd (003040) | $1.44 Billion | 0.50% | 0.36x | $751.04 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $659.11 Million | 4.47% | 0.67x | $3.52 Million |
| Nations Technologies Inc (300077) | $32.85 Million | 18.29% | 1.29x | $1.38 Billion |
About Sanan Optoelectronics Co Ltd
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