Ningbo Yongxin Optics Co Ltd
Ningbo Yongxin Optics Co.,Ltd engages in the research, development, production, and sale of optical microscopes, optical component assemblies, and other optical products in China and internationally. The company offers optical instruments and components; and biological and industrial microscopes, barcode scanner lenses, plane optical components, professional imaging optical lenses, and lenses for… Read more
Ningbo Yongxin Optics Co Ltd (603297) - Net Assets
Latest net assets as of September 2025: CN¥2.00 Billion CNY
Based on the latest financial reports, Ningbo Yongxin Optics Co Ltd (603297) has net assets worth CN¥2.00 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¥2.41 Billion) and total liabilities (CN¥412.87 Million). 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¥2.00 Billion |
| % of Total Assets | 82.88% |
| Annual Growth Rate | 19.34% |
| 5-Year Change | 53.93% |
| 10-Year Change | 476.3% |
| Growth Volatility | 37.35 |
Ningbo Yongxin Optics Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Ningbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd (2014–2024)
The table below shows the annual net assets of Ningbo Yongxin Optics Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.94 Billion | +6.87% |
| 2023-12-31 | CN¥1.81 Billion | +8.67% |
| 2022-12-31 | CN¥1.67 Billion | +12.88% |
| 2021-12-31 | CN¥1.48 Billion | +17.42% |
| 2020-12-31 | CN¥1.26 Billion | +11.49% |
| 2019-12-31 | CN¥1.13 Billion | +9.64% |
| 2018-12-31 | CN¥1.03 Billion | +133.69% |
| 2017-12-31 | CN¥440.53 Million | +25.13% |
| 2016-12-31 | CN¥352.06 Million | +4.74% |
| 2015-12-31 | CN¥336.11 Million | +1.70% |
| 2014-12-31 | CN¥330.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Yongxin Optics 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 582.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.16 Billion | 59.69% |
| Common Stock | CN¥111.15 Million | 5.74% |
| Other Components | CN¥669.62 Million | 34.57% |
| Total Equity | CN¥1.94 Billion | 100.00% |
Ningbo Yongxin Optics Co Ltd Competitors by Market Cap
The table below lists competitors of Ningbo Yongxin Optics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yangmei Chemical Co Ltd
SHG:600691
|
$706.47 Million |
|
Guangdong Ellington Electronics Technology Co Ltd
SHG:603328
|
$706.66 Million |
|
SoftwareONE Holding AG
PINK:SWONF
|
$706.77 Million |
|
V-Guard Industries Limited
NSE:VGUARD
|
$706.78 Million |
|
Shenzhen Sunshine Laser & Electronics Technology Co Ltd
SHE:300227
|
$706.27 Million |
|
Sany Heavy Equipment International Holdings Company Limited
PINK:SNYYF
|
$706.22 Million |
|
GUANGDONG HUICHENG
SHE:301392
|
$705.87 Million |
|
Shangri-La Asia Limited
PINK:SHALF
|
$705.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Yongxin Optics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,812,129,264 to 1,936,853,666, a change of 124,724,402 (6.9%).
- Net income of 208,581,677 contributed positively to equity growth.
- Dividend payments of 107,780,327 reduced retained earnings.
- Share repurchases of 934,560 reduced equity.
- Other factors increased equity by 24,857,612.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥208.58 Million | +10.77% |
| Dividends Paid | CN¥107.78 Million | -5.56% |
| Share Repurchases | CN¥934.56K | -0.05% |
| Other Changes | CN¥24.86 Million | +1.28% |
| Total Change | CN¥- | 6.88% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Yongxin Optics 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: 6.67x
- 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 28.70x to 6.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥4.04 | CN¥115.88 | x |
| 2015-12-31 | CN¥4.09 | CN¥115.88 | x |
| 2016-12-31 | CN¥4.29 | CN¥115.88 | x |
| 2017-12-31 | CN¥5.37 | CN¥115.88 | x |
| 2018-12-31 | CN¥10.98 | CN¥115.88 | x |
| 2019-12-31 | CN¥10.34 | CN¥115.88 | x |
| 2020-12-31 | CN¥11.44 | CN¥115.88 | x |
| 2021-12-31 | CN¥13.44 | CN¥115.88 | x |
| 2022-12-31 | CN¥15.12 | CN¥115.88 | x |
| 2023-12-31 | CN¥16.48 | CN¥115.88 | x |
| 2024-12-31 | CN¥17.36 | CN¥115.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Yongxin Optics 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): 10.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.39%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.19x
- Recent ROE (10.77%) is below the historical average (15.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 18.48% | 16.48% | 0.82x | 1.37x | CN¥28.03 Million |
| 2015 | 14.87% | 13.00% | 0.84x | 1.36x | CN¥16.36 Million |
| 2016 | 22.43% | 18.76% | 0.82x | 1.45x | CN¥43.76 Million |
| 2017 | 24.22% | 20.76% | 0.93x | 1.26x | CN¥62.65 Million |
| 2018 | 11.84% | 21.71% | 0.48x | 1.13x | CN¥18.90 Million |
| 2019 | 12.32% | 24.27% | 0.45x | 1.12x | CN¥26.18 Million |
| 2020 | 12.85% | 28.05% | 0.39x | 1.16x | CN¥35.85 Million |
| 2021 | 17.71% | 32.88% | 0.46x | 1.16x | CN¥113.85 Million |
| 2022 | 16.74% | 33.65% | 0.43x | 1.15x | CN¥112.30 Million |
| 2023 | 12.99% | 27.55% | 0.41x | 1.15x | CN¥54.14 Million |
| 2024 | 10.77% | 23.39% | 0.39x | 1.19x | CN¥14.90 Million |
Industry Comparison
This section compares Ningbo Yongxin Optics Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,926,126,271
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Yongxin Optics Co Ltd (603297) | CN¥2.00 Billion | 18.48% | 0.21x | $706.38 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $4.48 Billion | 1.15% | 0.26x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $578.16 Million | 7.60% | 0.24x | $500.93 Million |
| Changchun UP Optotech Co Ltd (002338) | $636.42 Million | 8.42% | 0.22x | $867.41 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $156.57 Million | 19.34% | 3.25x | $2.17 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $2.87 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.27 Billion | 9.21% | 0.16x | $381.03 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.23 Billion | 6.74% | 0.45x | $332.56 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $806.87 Million | 7.44% | 0.44x | $390.32 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $774.88 Million | 3.00% | 0.32x | $181.69 Million |