Caihong Display Devices Co Ltd Net Assets
Caihong Display Devices Co Ltd net assets. Based on the latest financial reports, Caihong Display Devices Co Ltd (600707) has net assets worth CN¥26.76 Billion CNY (≈ $3.92 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥42.83 Billion ≈ $6.27 Billion USD) and total liabilities (CN¥16.07 Billion ≈ $2.35 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 Caihong Display Devices Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥26.76 Billion |
| % of Total Assets | 62.48% |
| Annual Growth Rate | 13.93% |
| 5-Year Change | 19.28% |
| 10-Year Change | 1778.26% |
| Growth Volatility | 241.14 |
Net Assets of Caihong Display Devices Co Ltd (1994–2025)
Net assets of Caihong Display Devices Co Ltd from 1994 to 2025. This chart illustrates how Caihong Display Devices Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600707 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Caihong Display Devices Co Ltd (1994–2025)
The table below shows the annual net assets of Caihong Display Devices Co Ltd from 1994 to 2025. For live market cap and overall valuation, see Caihong Display Devices Co Ltd (600707) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥26.79 Billion ≈ $3.92 Billion |
+23.56% |
| 2024-12-31 | CN¥21.68 Billion ≈ $3.17 Billion |
+6.01% |
| 2023-12-31 | CN¥20.46 Billion ≈ $2.99 Billion |
+3.36% |
| 2022-12-31 | CN¥19.79 Billion ≈ $2.90 Billion |
-11.89% |
| 2021-12-31 | CN¥22.46 Billion ≈ $3.29 Billion |
+13.52% |
| 2020-12-31 | CN¥19.79 Billion ≈ $2.90 Billion |
-4.43% |
| 2019-12-31 | CN¥20.70 Billion ≈ $3.03 Billion |
+0.60% |
| 2018-12-31 | CN¥20.58 Billion ≈ $3.01 Billion |
+0.23% |
| 2017-12-31 | CN¥20.53 Billion ≈ $3.00 Billion |
+1339.41% |
| 2016-12-31 | CN¥1.43 Billion ≈ $208.73 Million |
-17.23% |
| 2015-12-31 | CN¥1.72 Billion ≈ $252.19 Million |
+9.11% |
| 2014-12-31 | CN¥1.58 Billion ≈ $231.13 Million |
-19.35% |
| 2013-12-31 | CN¥1.96 Billion ≈ $286.57 Million |
+1.13% |
| 2012-12-31 | CN¥1.94 Billion ≈ $283.36 Million |
-53.37% |
| 2011-12-31 | CN¥4.15 Billion ≈ $607.64 Million |
-11.64% |
| 2010-12-31 | CN¥4.70 Billion ≈ $687.65 Million |
+299.81% |
| 2009-12-31 | CN¥1.18 Billion ≈ $171.99 Million |
-19.44% |
| 2008-12-31 | CN¥1.46 Billion ≈ $213.50 Million |
+2.13% |
| 2007-12-31 | CN¥1.43 Billion ≈ $209.05 Million |
-2.03% |
| 2006-12-31 | CN¥1.46 Billion ≈ $213.39 Million |
+1.14% |
| 2005-12-31 | CN¥1.44 Billion ≈ $210.98 Million |
-32.86% |
| 2004-12-31 | CN¥2.15 Billion ≈ $314.21 Million |
+8.86% |
| 2003-12-31 | CN¥1.97 Billion ≈ $288.64 Million |
+13.46% |
| 2002-12-31 | CN¥1.74 Billion ≈ $254.39 Million |
+6.21% |
| 2001-12-31 | CN¥1.64 Billion ≈ $239.52 Million |
+4.92% |
| 2000-12-31 | CN¥1.56 Billion ≈ $228.29 Million |
+65.76% |
| 1999-12-31 | CN¥941.16 Million ≈ $137.72 Million |
+20.54% |
| 1998-12-31 | CN¥780.81 Million ≈ $114.26 Million |
+11.50% |
| 1997-12-31 | CN¥700.25 Million ≈ $102.47 Million |
+23.71% |
| 1996-12-31 | CN¥566.03 Million ≈ $82.83 Million |
+1.33% |
| 1995-12-31 | CN¥558.61 Million ≈ $81.74 Million |
+18.90% |
| 1994-12-31 | CN¥469.80 Million ≈ $68.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Caihong Display Devices 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 decreased by 68627.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Caihong Display Devices Co Ltd Net Assets Breakdown (December 2025)
Caihong Display Devices Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥22.23 Billion | 101.99% |
| Total Equity | CN¥21.79 Billion | 100.00% |
Caihong Display Devices Co Ltd Competitors by Market Cap
The table below lists competitors of Caihong Display Devices Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dr. Lal Path Labs Ltd.
NSE:LALPATHLAB
|
$3.48 Billion |
|
Life360, Inc. Common Stock
NASDAQ:LIF
|
$3.48 Billion |
|
Atmus Filtration Technologies Inc.
NYSE:ATMU
|
$3.48 Billion |
|
Hunan Valin Steel Co Ltd
SHE:000932
|
$3.48 Billion |
|
Astor Enerji AS
IS:ASTOR
|
$3.48 Billion |
|
Cofinimmo SA
BR:COFB
|
$3.47 Billion |
|
Anxin Trust Co Ltd
SHG:600816
|
$3.47 Billion |
|
Renasant Corporation
NYSE:RNST
|
$3.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Caihong Display Devices Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,516,742,105 to 21,792,543,116, a change of 275,801,011 (1.3%).
- Net income of 374,238,082 contributed positively to equity growth.
- Dividend payments of 288,303,143 reduced retained earnings.
- Other comprehensive income decreased equity by 759,258,810.
- Other factors increased equity by 949,124,882.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥374.24 Million | +1.72% |
| Dividends Paid | CN¥288.30 Million | -1.32% |
| Other Comprehensive Income | CN¥-759.26 Million | -3.48% |
| Other Changes | CN¥949.12 Million | +4.36% |
| Total Change | CN¥- | 1.28% |
Book Value vs Market Value Analysis
This analysis compares Caihong Display Devices 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: 1.09x
- 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 5.44x to 1.09x 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¥1.22 | CN¥6.62 | x |
| 1995-12-31 | CN¥1.45 | CN¥6.62 | x |
| 1996-12-31 | CN¥1.46 | CN¥6.62 | x |
| 1997-12-31 | CN¥1.81 | CN¥6.62 | x |
| 1998-12-31 | CN¥2.02 | CN¥6.62 | x |
| 1999-12-31 | CN¥2.44 | CN¥6.62 | x |
| 2000-12-31 | CN¥4.01 | CN¥6.62 | x |
| 2001-12-31 | CN¥4.04 | CN¥6.62 | x |
| 2002-12-31 | CN¥4.30 | CN¥6.62 | x |
| 2003-12-31 | CN¥4.88 | CN¥6.62 | x |
| 2004-12-31 | CN¥5.31 | CN¥6.62 | x |
| 2005-12-31 | CN¥3.55 | CN¥6.62 | x |
| 2006-12-31 | CN¥3.60 | CN¥6.62 | x |
| 2007-12-31 | CN¥3.51 | CN¥6.62 | x |
| 2008-12-31 | CN¥3.30 | CN¥6.62 | x |
| 2009-12-31 | CN¥1.71 | CN¥6.62 | x |
| 2010-12-31 | CN¥6.92 | CN¥6.62 | x |
| 2011-12-31 | CN¥5.01 | CN¥6.62 | x |
| 2012-12-31 | CN¥2.67 | CN¥6.62 | x |
| 2013-12-31 | CN¥2.79 | CN¥6.62 | x |
| 2014-12-31 | CN¥1.91 | CN¥6.62 | x |
| 2015-12-31 | CN¥2.18 | CN¥6.62 | x |
| 2016-12-31 | CN¥1.76 | CN¥6.62 | x |
| 2017-12-31 | CN¥17.10 | CN¥6.62 | x |
| 2018-12-31 | CN¥6.69 | CN¥6.62 | x |
| 2019-12-31 | CN¥6.31 | CN¥6.62 | x |
| 2020-12-31 | CN¥5.48 | CN¥6.62 | x |
| 2021-12-31 | CN¥6.22 | CN¥6.62 | x |
| 2022-12-31 | CN¥5.47 | CN¥6.62 | x |
| 2023-12-31 | CN¥5.52 | CN¥6.62 | x |
| 2024-12-31 | CN¥6.00 | CN¥6.62 | x |
| 2025-12-31 | CN¥6.07 | CN¥6.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Caihong Display Devices 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): 1.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.31%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.02x
- Recent ROE (1.72%) is above the historical average (-5.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 17.73% | 18.57% | 0.48x | 1.98x | CN¥36.32 Million |
| 1995 | 15.87% | 10.88% | 1.00x | 1.46x | CN¥32.79 Million |
| 1996 | 19.52% | 9.80% | 1.02x | 1.95x | CN¥53.84 Million |
| 1997 | 19.91% | 12.27% | 0.99x | 1.64x | CN¥69.37 Million |
| 1998 | 10.39% | 7.06% | 0.89x | 1.65x | CN¥3.05 Million |
| 1999 | 17.37% | 16.02% | 0.82x | 1.33x | CN¥69.37 Million |
| 2000 | 7.43% | 6.04% | 0.85x | 1.45x | CN¥-39.73 Million |
| 2001 | 5.40% | 3.48% | 0.92x | 1.68x | CN¥-71.78 Million |
| 2002 | 10.48% | 6.00% | 1.16x | 1.51x | CN¥7.99 Million |
| 2003 | 12.62% | 7.77% | 1.07x | 1.51x | CN¥49.38 Million |
| 2004 | 10.22% | 6.91% | 1.01x | 1.47x | CN¥4.47 Million |
| 2005 | -40.17% | -26.05% | 0.95x | 1.62x | CN¥-688.87 Million |
| 2006 | 1.11% | 0.75% | 0.96x | 1.54x | CN¥-123.51 Million |
| 2007 | -1.99% | -1.67% | 0.84x | 1.43x | CN¥-171.21 Million |
| 2008 | 2.09% | 1.01% | 1.54x | 1.34x | CN¥-115.36 Million |
| 2009 | -99.65% | -54.60% | 0.40x | 4.53x | CN¥-787.01 Million |
| 2010 | 0.29% | 1.05% | 0.15x | 1.86x | CN¥-407.93 Million |
| 2011 | -14.02% | -144.74% | 0.04x | 2.40x | CN¥-886.93 Million |
| 2012 | -87.44% | -692.59% | 0.03x | 4.06x | CN¥-1.92 Billion |
| 2013 | 3.66% | 31.22% | 0.03x | 3.59x | CN¥-129.66 Million |
| 2014 | -72.59% | -641.98% | 0.03x | 4.08x | CN¥-1.17 Billion |
| 2015 | 3.21% | 21.38% | 0.04x | 3.94x | CN¥-106.06 Million |
| 2016 | -20.97% | -80.82% | 0.05x | 5.28x | CN¥-402.44 Million |
| 2017 | 0.29% | 13.18% | 0.01x | 1.79x | CN¥-1.98 Billion |
| 2018 | 0.30% | 3.16% | 0.05x | 1.96x | CN¥-1.98 Billion |
| 2019 | 0.32% | 1.11% | 0.14x | 2.04x | CN¥-1.98 Billion |
| 2020 | -4.10% | -7.73% | 0.25x | 2.09x | CN¥-2.78 Billion |
| 2021 | 11.96% | 17.58% | 0.35x | 1.93x | CN¥437.29 Million |
| 2022 | -13.57% | -29.69% | 0.22x | 2.08x | CN¥-4.62 Billion |
| 2023 | 3.26% | 5.77% | 0.29x | 1.92x | CN¥-1.37 Billion |
| 2024 | 5.76% | 10.63% | 0.29x | 1.85x | CN¥-911.80 Million |
| 2025 | 1.72% | 3.31% | 0.26x | 2.02x | CN¥-1.81 Billion |
Industry Comparison
This section compares Caihong Display Devices Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $3,535,078,749
- Average return on equity (ROE) among peers: -17.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Caihong Display Devices Co Ltd (600707) | CN¥26.76 Billion | 17.73% | 0.60x | $3.48 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $319.70 Million | 1.71% | 0.98x | $299.30 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $173.91 Million | -9.94% | 2.76x | $1.16 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.07 Billion | 1.23% | 2.80x | $415.41 Million |
| CPT Technology Group Co Ltd (000536) | $64.98 Million | -195.96% | 6.06x | $1.24 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.28 Billion | 7.55% | 0.61x | $5.11 Billion |
| Xiamen Xindeco Ltd (000701) | $528.33 Million | 0.00% | 0.70x | $609.17 Million |
| BOE Technology Group Co Ltd (000725) | $21.94 Billion | 0.23% | 0.40x | $23.41 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.14 Billion | 5.95% | 1.01x | $2.80 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $1.51 Billion | 4.87% | 0.60x | $1.78 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $2.33 Billion | 10.00% | 0.39x | $3.09 Billion |
About Caihong Display Devices Co Ltd
Caihong Display Devices Co.,Ltd. engages in the research, development, production, and sale of substrate glass and display panels in China and internationally. The company offers TFT-LCD liquid crystal substrate glasses, liquid crystal glass panels, and other glass products and related products, as well as modules and supporting products, and new display devices and components, etc. It is also in… Read more