Opple Lighting Co Ltd
Opple Lighting Co.,LTD engages in the research and development, production, and sale of smart lighting products in China and internationally. The company offers home lighting, commercial lighting, and light sources and control products. It also provides lamps and overall lighting solutions. Opple Lighting Co.,LTD was founded in 2018 and is based in Shanghai, China.
Opple Lighting Co Ltd (603515) - Net Assets
Latest net assets as of September 2025: CN¥6.66 Billion CNY
Based on the latest financial reports, Opple Lighting Co Ltd (603515) has net assets worth CN¥6.66 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¥9.27 Billion) and total liabilities (CN¥2.61 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¥6.66 Billion |
| % of Total Assets | 71.84% |
| Annual Growth Rate | 21.25% |
| 5-Year Change | 28.03% |
| 10-Year Change | 266.47% |
| Growth Volatility | 33.87 |
Opple Lighting Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Opple Lighting 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 Opple Lighting Co Ltd (2011–2024)
The table below shows the annual net assets of Opple Lighting Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.72 Billion | +0.92% |
| 2023-12-31 | CN¥6.66 Billion | +9.12% |
| 2022-12-31 | CN¥6.11 Billion | +4.73% |
| 2021-12-31 | CN¥5.83 Billion | +11.00% |
| 2020-12-31 | CN¥5.25 Billion | +4.70% |
| 2019-12-31 | CN¥5.02 Billion | +15.65% |
| 2018-12-31 | CN¥4.34 Billion | +19.35% |
| 2017-12-31 | CN¥3.63 Billion | +15.59% |
| 2016-12-31 | CN¥3.14 Billion | +71.37% |
| 2015-12-31 | CN¥1.83 Billion | +14.30% |
| 2014-12-31 | CN¥1.61 Billion | +6.06% |
| 2013-12-31 | CN¥1.51 Billion | +21.97% |
| 2012-12-31 | CN¥1.24 Billion | +126.10% |
| 2011-12-31 | CN¥548.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Opple Lighting 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 6342.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.10 Billion | 75.89% |
| Common Stock | CN¥745.23 Million | 11.08% |
| Other Comprehensive Income | CN¥-10.94 Million | -0.16% |
| Other Components | CN¥886.75 Million | 13.19% |
| Total Equity | CN¥6.72 Billion | 100.00% |
Opple Lighting Co Ltd Competitors by Market Cap
The table below lists competitors of Opple Lighting Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yuanta Securities Korea Co Ltd Preference Shares
KO:003475
|
$275.10 Million |
|
G City Ltd
PINK:GZTGF
|
$275.11 Million |
|
Shenzhen Kingsun Science Tech
SHE:300235
|
$275.15 Million |
|
Gateway Distriparks Limited
NSE:GATEWAY
|
$275.16 Million |
|
International Personal Finance plc
PINK:IPFPF
|
$274.99 Million |
|
E&R Engineering
TWO:8027
|
$274.88 Million |
|
Contineum Therapeutics, Inc. Class A Common Stock
NASDAQ:CTNM
|
$274.76 Million |
|
Shanghai ZJ Bio-Tech Co. Ltd. A
SHG:688317
|
$274.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Opple Lighting Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,648,896,823 to 6,724,041,618, a change of 75,144,795 (1.1%).
- Net income of 902,969,233 contributed positively to equity growth.
- Dividend payments of 628,077,545 reduced retained earnings.
- Share repurchases of 174,229,334 reduced equity.
- Other comprehensive income decreased equity by 57,148,145.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥902.97 Million | +13.43% |
| Dividends Paid | CN¥628.08 Million | -9.34% |
| Share Repurchases | CN¥174.23 Million | -2.59% |
| Other Comprehensive Income | CN¥-57.15 Million | -0.85% |
| Other Changes | CN¥31.63 Million | +0.47% |
| Total Change | CN¥- | 1.13% |
Book Value vs Market Value Analysis
This analysis compares Opple Lighting 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: 2.04x
- 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 26.08x to 2.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.72 | CN¥18.72 | x |
| 2012-12-31 | CN¥1.88 | CN¥18.72 | x |
| 2013-12-31 | CN¥2.22 | CN¥18.72 | x |
| 2014-12-31 | CN¥2.34 | CN¥18.72 | x |
| 2015-12-31 | CN¥2.69 | CN¥18.72 | x |
| 2016-12-31 | CN¥4.47 | CN¥18.72 | x |
| 2017-12-31 | CN¥4.80 | CN¥18.72 | x |
| 2018-12-31 | CN¥5.74 | CN¥18.72 | x |
| 2019-12-31 | CN¥6.65 | CN¥18.72 | x |
| 2020-12-31 | CN¥7.01 | CN¥18.72 | x |
| 2021-12-31 | CN¥7.73 | CN¥18.72 | x |
| 2022-12-31 | CN¥8.18 | CN¥18.72 | x |
| 2023-12-31 | CN¥8.99 | CN¥18.72 | x |
| 2024-12-31 | CN¥9.16 | CN¥18.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Opple Lighting 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): 13.43%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.72%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.44x
- Recent ROE (13.43%) is below the historical average (20.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 27.54% | 5.55% | 1.73x | 2.87x | CN¥94.99 Million |
| 2012 | 34.44% | 13.61% | 1.39x | 1.82x | CN¥303.15 Million |
| 2013 | 31.57% | 14.04% | 1.31x | 1.71x | CN¥325.32 Million |
| 2014 | 18.42% | 7.63% | 1.39x | 1.74x | CN¥134.05 Million |
| 2015 | 24.00% | 9.76% | 1.35x | 1.82x | CN¥254.31 Million |
| 2016 | 16.17% | 9.25% | 1.06x | 1.65x | CN¥193.30 Million |
| 2017 | 18.74% | 9.79% | 1.10x | 1.74x | CN¥317.66 Million |
| 2018 | 20.73% | 11.23% | 1.09x | 1.69x | CN¥465.50 Million |
| 2019 | 17.75% | 10.66% | 1.03x | 1.62x | CN¥388.77 Million |
| 2020 | 15.24% | 10.04% | 0.93x | 1.63x | CN¥275.06 Million |
| 2021 | 15.68% | 10.26% | 0.97x | 1.57x | CN¥328.79 Million |
| 2022 | 12.94% | 10.79% | 0.84x | 1.43x | CN¥178.01 Million |
| 2023 | 13.90% | 11.85% | 0.79x | 1.49x | CN¥259.18 Million |
| 2024 | 13.43% | 12.72% | 0.73x | 1.44x | CN¥230.57 Million |
Industry Comparison
This section compares Opple Lighting Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Opple Lighting Co Ltd (603515) | CN¥6.66 Billion | 27.54% | 0.39x | $275.03 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |