Xiamen Leading Optics Co Ltd
Xiamen Leading Optics Co., Ltd. provides optical solution worldwide. Its products include surveillance lens products, such as zoom, motorized zoom, panorama, vari-focal, fixed-focal, and pinhole lenses, as well as automotive, machine vision, ITS, and low distortion lens; and scanning recognition, UAV, and consumer imaging products. The company was founded in 2002 and is based in Xiamen, China. Xi… Read more
Xiamen Leading Optics Co Ltd (605118) - Net Assets
Latest net assets as of June 2025: CN¥1.52 Billion CNY
Based on the latest financial reports, Xiamen Leading Optics Co Ltd (605118) has net assets worth CN¥1.52 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.80 Billion) and total liabilities (CN¥282.02 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¥1.52 Billion |
| % of Total Assets | 84.33% |
| Annual Growth Rate | 30.23% |
| 5-Year Change | 33.78% |
| 10-Year Change | N/A |
| Growth Volatility | 33.24 |
Xiamen Leading Optics Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Xiamen Leading 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 Xiamen Leading Optics Co Ltd (2017–2024)
The table below shows the annual net assets of Xiamen Leading Optics Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.51 Billion | +3.04% |
| 2023-12-31 | CN¥1.46 Billion | +8.16% |
| 2022-12-31 | CN¥1.35 Billion | +11.14% |
| 2021-12-31 | CN¥1.22 Billion | +8.01% |
| 2020-12-31 | CN¥1.13 Billion | +81.82% |
| 2019-12-31 | CN¥619.07 Million | +41.48% |
| 2018-12-31 | CN¥437.57 Million | +84.65% |
| 2017-12-31 | CN¥236.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xiamen Leading 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 240.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥611.02 Million | 40.66% |
| Other Components | CN¥891.83 Million | 59.34% |
| Total Equity | CN¥1.50 Billion | 100.00% |
Xiamen Leading Optics Co Ltd Competitors by Market Cap
The table below lists competitors of Xiamen Leading Optics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UCO Bank
NSE:UCOBANK
|
$319.77 Million |
|
Origin Enterprises plc
PINK:ORENF
|
$319.88 Million |
|
Shanghai Fudan Forward S&T Co Ltd
SHG:600624
|
$319.93 Million |
|
Jiangsu Jiangnan Water Co Ltd
SHG:601199
|
$319.96 Million |
|
Anhui Transport Consulting &
SHG:603357
|
$319.65 Million |
|
Guangdong Hybribio Biotech Co Ltd
SHE:300639
|
$319.65 Million |
|
Shanghai Jinjiang Shipping (Group) Co., Ltd.
SHG:601083
|
$319.59 Million |
|
Shenyang Jinshan Energy Co Ltd
SHG:600396
|
$319.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen Leading Optics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,459,263,298 to 1,502,845,727, a change of 43,582,429 (3.0%).
- Net income of 175,329,780 contributed positively to equity growth.
- Dividend payments of 139,207,753 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥175.33 Million | +11.67% |
| Dividends Paid | CN¥139.21 Million | -9.26% |
| Other Changes | CN¥7.46 Million | +0.5% |
| Total Change | CN¥- | 2.99% |
Book Value vs Market Value Analysis
This analysis compares Xiamen Leading 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: 11.30x
- 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 43.23x to 11.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥0.96 | CN¥41.70 | x |
| 2018-12-31 | CN¥1.80 | CN¥41.70 | x |
| 2019-12-31 | CN¥1.69 | CN¥41.70 | x |
| 2020-12-31 | CN¥2.77 | CN¥41.70 | x |
| 2021-12-31 | CN¥2.98 | CN¥41.70 | x |
| 2022-12-31 | CN¥3.31 | CN¥41.70 | x |
| 2023-12-31 | CN¥3.58 | CN¥41.70 | x |
| 2024-12-31 | CN¥3.69 | CN¥41.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen Leading 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): 11.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.26%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.16x
- Recent ROE (11.67%) is below the historical average (24.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 57.64% | 32.05% | 1.15x | 1.56x | CN¥111.67 Million |
| 2018 | 46.11% | 38.26% | 0.89x | 1.36x | CN¥157.72 Million |
| 2019 | 29.37% | 38.93% | 0.57x | 1.32x | CN¥119.52 Million |
| 2020 | 13.40% | 36.11% | 0.34x | 1.11x | CN¥38.25 Million |
| 2021 | 12.02% | 29.10% | 0.35x | 1.17x | CN¥24.46 Million |
| 2022 | 11.58% | 26.69% | 0.38x | 1.13x | CN¥21.26 Million |
| 2023 | 10.57% | 25.53% | 0.37x | 1.13x | CN¥8.26 Million |
| 2024 | 11.67% | 28.26% | 0.36x | 1.16x | CN¥25.05 Million |
Industry Comparison
This section compares Xiamen Leading Optics Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen Leading Optics Co Ltd (605118) | CN¥1.52 Billion | 57.64% | 0.19x | $319.65 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |