Fujian Forecam Optics Co Ltd
Fujian Forecam Optics Co., Ltd. researches, manufactures, and sells special and civilian optical lenses in the People's Republic of China. It offers surveillance series lens products, including vari-focal, fixed focal, fisheye, and block zoom lenses; automotive lens, which is used in intelligent driving assistance system, fatigue monitoring, driving record, and other applications; infrared optics… Read more
Fujian Forecam Optics Co Ltd (688010) - Net Assets
Latest net assets as of September 2025: CN¥1.68 Billion CNY
Based on the latest financial reports, Fujian Forecam Optics Co Ltd (688010) has net assets worth CN¥1.68 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¥2.68 Billion) and total liabilities (CN¥1.00 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¥1.68 Billion |
| % of Total Assets | 62.57% |
| Annual Growth Rate | 13.03% |
| 5-Year Change | -5.53% |
| 10-Year Change | N/A |
| Growth Volatility | 42.83 |
Fujian Forecam Optics Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Fujian Forecam 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 Fujian Forecam Optics Co Ltd (2016–2024)
The table below shows the annual net assets of Fujian Forecam Optics Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.70 Billion | -0.90% |
| 2023-12-31 | CN¥1.72 Billion | -4.40% |
| 2022-12-31 | CN¥1.80 Billion | +0.77% |
| 2021-12-31 | CN¥1.78 Billion | -1.05% |
| 2020-12-31 | CN¥1.80 Billion | +1.14% |
| 2019-12-31 | CN¥1.78 Billion | +130.79% |
| 2018-12-31 | CN¥772.14 Million | +13.42% |
| 2017-12-31 | CN¥680.75 Million | +6.56% |
| 2016-12-31 | CN¥638.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian Forecam 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 116.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥328.29 Million | 19.32% |
| Common Stock | CN¥160.56 Million | 9.45% |
| Other Comprehensive Income | CN¥-1.12 Million | -0.07% |
| Other Components | CN¥1.21 Billion | 71.30% |
| Total Equity | CN¥1.70 Billion | 100.00% |
Fujian Forecam Optics Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Forecam Optics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kura Sushi USA Inc
NASDAQ:KRUS
|
$322.57 Million |
|
GDI INTEGR. FAC. SVCS
F:GQN2
|
$322.60 Million |
|
JOY CITY PPTY HD -10
F:HKP
|
$322.69 Million |
|
Nok Airlines Public Company Limited
OTCGREY:NOKFF
|
$322.70 Million |
|
China Western Power Industrial Co Ltd
SHE:002630
|
$322.20 Million |
|
Auto Partner SA
WAR:APR
|
$322.12 Million |
|
Dap Gayrimenkul Gelistirme AS
IS:DAPGM
|
$322.10 Million |
|
Imricor Medical Systems Inc
AU:IMR
|
$321.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Forecam Optics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,713,262,403 to 1,699,291,352, a change of -13,971,051 (-0.8%).
- Net income of 9,494,015 contributed positively to equity growth.
- Dividend payments of 17,910,727 reduced retained earnings.
- Share repurchases of 30,046,694 reduced equity.
- Other comprehensive income decreased equity by 51,638,318.
- Other factors increased equity by 76,130,673.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥9.49 Million | +0.56% |
| Dividends Paid | CN¥17.91 Million | -1.05% |
| Share Repurchases | CN¥30.05 Million | -1.77% |
| Other Comprehensive Income | CN¥-51.64 Million | -3.04% |
| Other Changes | CN¥76.13 Million | +4.48% |
| Total Change | CN¥- | -0.82% |
Book Value vs Market Value Analysis
This analysis compares Fujian Forecam 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: 2.75x
- 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 5.54x to 2.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥5.32 | CN¥29.51 | x |
| 2017-12-31 | CN¥5.68 | CN¥29.51 | x |
| 2018-12-31 | CN¥6.41 | CN¥29.51 | x |
| 2019-12-31 | CN¥11.05 | CN¥29.51 | x |
| 2020-12-31 | CN¥11.18 | CN¥29.51 | x |
| 2021-12-31 | CN¥11.16 | CN¥29.51 | x |
| 2022-12-31 | CN¥11.26 | CN¥29.51 | x |
| 2023-12-31 | CN¥10.79 | CN¥29.51 | x |
| 2024-12-31 | CN¥10.74 | CN¥29.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Forecam 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): 0.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.53%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.51x
- Recent ROE (0.56%) is below the historical average (5.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.27% | 15.35% | 0.57x | 1.28x | CN¥8.10 Million |
| 2017 | 13.41% | 15.73% | 0.65x | 1.32x | CN¥23.18 Million |
| 2018 | 11.84% | 16.56% | 0.59x | 1.22x | CN¥14.17 Million |
| 2019 | 5.17% | 15.89% | 0.29x | 1.14x | CN¥-86.03 Million |
| 2020 | 2.83% | 8.68% | 0.25x | 1.30x | CN¥-129.19 Million |
| 2021 | 2.54% | 6.68% | 0.25x | 1.52x | CN¥-132.39 Million |
| 2022 | 1.63% | 3.75% | 0.28x | 1.57x | CN¥-149.89 Million |
| 2023 | -3.99% | -11.63% | 0.23x | 1.52x | CN¥-239.60 Million |
| 2024 | 0.56% | 1.53% | 0.24x | 1.51x | CN¥-160.44 Million |
Industry Comparison
This section compares Fujian Forecam Optics Co Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $780,869,385
- Average return on equity (ROE) among peers: 7.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Forecam Optics Co Ltd (688010) | CN¥1.68 Billion | 11.27% | 0.60x | $322.32 Million |
| China Bicycle Co Holdings Ltd (000017) | $-1.76 Billion | 0.00% | 0.00x | $399.65 Million |
| Sportsoul Co. Ltd. A (001300) | $1.06 Billion | 2.11% | 0.25x | $179.80 Million |
| HL Corp Shenzhen (002105) | $567.28 Million | 4.46% | 1.51x | $173.11 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.12 Billion | 5.75% | 0.06x | $627.40 Million |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $884.00 Million | 4.93% | 0.13x | $533.55 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $1.06 Billion | 8.95% | 0.37x | $695.43 Million |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $217.49 Million | 21.16% | 1.94x | $334.52 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $3.73 Billion | 0.16% | 0.22x | $191.51 Million |
| Shifeng Cultural Development Co Ltd (002862) | $569.17 Million | 5.62% | 0.07x | $192.82 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $361.39 Million | 21.08% | 0.71x | $407.33 Million |