Xiamen Leading Optics Co Ltd (605118) - Net Assets

Latest as of June 2025: CN¥1.52 Billion CNY ≈ $222.04 Million USD

Based on the latest financial reports, Xiamen Leading Optics Co Ltd (605118) has net assets worth CN¥1.52 Billion CNY (≈ $222.04 Million USD) 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 ≈ $263.31 Million USD) and total liabilities (CN¥282.02 Million ≈ $41.27 Million 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 Xiamen Leading Optics Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Xiamen Leading Optics Co Ltd assets under control for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Xiamen Leading Optics Co Ltd market cap and net worth.

Year Net Assets Change
2024-12-31 CN¥1.51 Billion
≈ $220.35 Million		 +3.04%
2023-12-31 CN¥1.46 Billion
≈ $213.85 Million		 +8.16%
2022-12-31 CN¥1.35 Billion
≈ $197.73 Million		 +11.14%
2021-12-31 CN¥1.22 Billion
≈ $177.91 Million		 +8.01%
2020-12-31 CN¥1.13 Billion
≈ $164.71 Million		 +81.82%
2019-12-31 CN¥619.07 Million
≈ $90.59 Million		 +41.48%
2018-12-31 CN¥437.57 Million
≈ $64.03 Million		 +84.65%
2017-12-31 CN¥236.97 Million
≈ $34.68 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
Kyndryl Holdings Inc
NYSE:KD
 $2.90 Billion
Browave
TWO:3163
 $2.91 Billion
Jizhong Energy Resources Co Ltd
SHE:000937
 $2.91 Billion
Motherson Sumi Wiring India Limited
NSE:MSUMI
 $2.91 Billion
Schneider National Inc
NYSE:SNDR
 $2.90 Billion
Travere Therapeutics Inc
NASDAQ:TVTX
 $2.90 Billion
Lisi S.A
PA:FII
 $2.90 Billion
Arcplus Group PLC
SHG:600629
 $2.90 Billion

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: 13.09x
  • 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 50.09x to 13.09x 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¥48.32 x
2018-12-31 CN¥1.80 CN¥48.32 x
2019-12-31 CN¥1.69 CN¥48.32 x
2020-12-31 CN¥2.77 CN¥48.32 x
2021-12-31 CN¥2.98 CN¥48.32 x
2022-12-31 CN¥3.31 CN¥48.32 x
2023-12-31 CN¥3.58 CN¥48.32 x
2024-12-31 CN¥3.69 CN¥48.32 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: $2,959,429,291
  • Average return on equity (ROE) among peers: 10.19%

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 $2.90 Billion
Shenzhen Zhongheng Huafa Co Ltd Class A (000020) $266.56 Million 3.44% 1.72x $423.10 Million
Shenzhen Desay Battery Technology Co Ltd (000049) $2.86 Billion 17.55% 2.07x $1.63 Billion
Shenzhen Huakong Seg Co Ltd (000068) $1.09 Billion 2.98% 1.57x $483.17 Million
CPT Technology Group Co Ltd (000536) $3.32 Billion 10.43% 0.37x $1.59 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) $6.06 Billion 5.92% 0.45x $4.25 Billion
Xiamen Xindeco Ltd (000701) $217.53 Million 0.00% 0.71x $586.43 Million
BOE Technology Group Co Ltd (000725) $466.65 Million 21.84% 0.74x $21.70 Billion
China Zhenhua Group Science & Technology Co Ltd (000733) $9.75 Billion 24.43% 0.39x $3.46 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) $4.17 Billion 8.18% 0.30x $2.15 Billion
Guizhou Space Appliance Co Ltd (002025) $1.38 Billion 7.09% 0.20x $4.88 Billion

About Xiamen Leading Optics Co Ltd

SHG:605118 China Electronic Components
Market Cap
$2.90 Billion
CN¥19.84 Billion CNY
Market Cap Rank
#5040 Global
#972 in China
Share Price
CN¥48.32
Change (1 day)
-1.95%
52-Week Range
CN¥18.67 - CN¥49.28
All Time High
CN¥49.28
Categories
Companies in China Electronic Components Technology AI & Machine Learning
About

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