Sanan Optoelectronics Co Ltd (600703) - Net Assets
Based on the latest financial reports, Sanan Optoelectronics Co Ltd (600703) has net assets worth CN¥35.42 Billion CNY (≈ $5.18 Billion USD) 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 ≈ $8.53 Billion USD) and total liabilities (CN¥22.85 Billion ≈ $3.34 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. Check how resilient are Sanan Optoelectronics Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of Sanan Optoelectronics Co Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Sanan Optoelectronics Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 |
|---|---|
|
GEA GROUP
XETRA:G1A
|
$10.01 Billion |
|
Insurance Australia Group Limited
F:NRM
|
$10.01 Billion |
|
OPC Energy Ltd
TA:OPCE
|
$10.01 Billion |
|
EastGroup Properties Inc
NYSE:EGP
|
$10.01 Billion |
|
Akzo Nobel NV
AS:AKZA
|
$9.97 Billion |
|
Oklo Inc.
NYSE:OKLO
|
$9.97 Billion |
|
National Silicon Industry Group Co Ltd
SHG:688126
|
$9.97 Billion |
|
Deutsche Lufthansa AG
F:LHAB
|
$9.97 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: 1.87x
- 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 129.81x to 1.87x 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¥13.67 | x |
| 1996-12-31 | CN¥0.19 | CN¥13.67 | x |
| 1997-12-31 | CN¥0.21 | CN¥13.67 | x |
| 1998-12-31 | CN¥0.28 | CN¥13.67 | x |
| 1999-12-31 | CN¥0.08 | CN¥13.67 | x |
| 2000-12-31 | CN¥0.07 | CN¥13.67 | x |
| 2001-12-31 | CN¥0.10 | CN¥13.67 | x |
| 2002-12-31 | CN¥0.12 | CN¥13.67 | x |
| 2003-12-31 | CN¥0.15 | CN¥13.67 | x |
| 2004-12-31 | CN¥0.15 | CN¥13.67 | x |
| 2005-12-31 | CN¥-0.16 | CN¥13.67 | x |
| 2006-12-31 | CN¥-0.22 | CN¥13.67 | x |
| 2007-12-31 | CN¥-0.07 | CN¥13.67 | x |
| 2008-12-31 | CN¥0.25 | CN¥13.67 | x |
| 2009-12-31 | CN¥0.54 | CN¥13.67 | x |
| 2010-12-31 | CN¥1.63 | CN¥13.67 | x |
| 2011-12-31 | CN¥1.64 | CN¥13.67 | x |
| 2012-12-31 | CN¥1.74 | CN¥13.67 | x |
| 2013-12-31 | CN¥2.02 | CN¥13.67 | x |
| 2014-12-31 | CN¥2.95 | CN¥13.67 | x |
| 2015-12-31 | CN¥4.13 | CN¥13.67 | x |
| 2016-12-31 | CN¥4.27 | CN¥13.67 | x |
| 2017-12-31 | CN¥4.87 | CN¥13.67 | x |
| 2018-12-31 | CN¥5.18 | CN¥13.67 | x |
| 2019-12-31 | CN¥5.36 | CN¥13.67 | x |
| 2020-12-31 | CN¥7.01 | CN¥13.67 | x |
| 2021-12-31 | CN¥6.80 | CN¥13.67 | x |
| 2022-12-31 | CN¥7.66 | CN¥13.67 | x |
| 2023-12-31 | CN¥7.31 | CN¥13.67 | x |
| 2024-12-31 | CN¥7.29 | CN¥13.67 | 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: $2,095,615,821
- Average return on equity (ROE) among peers: 6.02%
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 | $9.98 Billion |
| UniTTEC Co Ltd (000925) | $1.22 Billion | 2.79% | 2.52x | $909.57 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $12.39 Billion | 9.51% | 0.40x | $9.61 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $245.66 Million | 4.18% | 0.78x | $1.06 Billion |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $501.66 Million | 7.47% | 0.41x | $1.39 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $629.45 Million | 7.50% | 0.73x | $1.15 Billion |
| Tianjin Printronics Circuit Corp (002134) | $710.96 Million | 2.48% | 0.13x | $913.46 Million |
| Tatwah Smartech Co Ltd (002512) | $1.65 Billion | 6.18% | 0.38x | $701.64 Million |
| Chutian Dragon Co Ltd (003040) | $1.37 Billion | 4.56% | 0.48x | $998.01 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $1.14 Billion | 5.99% | 0.16x | $81.27 Million |
| Nations Technologies Inc (300077) | $1.09 Billion | 9.56% | 0.85x | $1.97 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