Fujian Forecam Optics Co Ltd (688010) - Net Assets
Based on the latest financial reports, Fujian Forecam Optics Co Ltd (688010) has net assets worth CN¥1.75 Billion CNY (≈ $255.60 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.65 Billion ≈ $388.48 Million USD) and total liabilities (CN¥908.06 Million ≈ $132.88 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 Fujian Forecam Optics Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.75 Billion |
| % of Total Assets | 65.8% |
| Annual Growth Rate | 11.96% |
| 5-Year Change | -0.97% |
| 10-Year Change | N/A |
| Growth Volatility | 40.64 |
Fujian Forecam Optics Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Fujian Forecam Optics Co Ltd's net assets have evolved over time, based on quarterly financial data. See Fujian Forecam Optics Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Fujian Forecam Optics Co Ltd (2016–2025)
The table below shows the annual net assets of Fujian Forecam Optics Co Ltd from 2016 to 2025. For live valuation and market cap data, see market cap of Fujian Forecam Optics Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.77 Billion ≈ $258.44 Million |
+3.73% |
| 2024-12-31 | CN¥1.70 Billion ≈ $249.14 Million |
-0.90% |
| 2023-12-31 | CN¥1.72 Billion ≈ $251.40 Million |
-4.40% |
| 2022-12-31 | CN¥1.80 Billion ≈ $262.98 Million |
+0.77% |
| 2021-12-31 | CN¥1.78 Billion ≈ $260.97 Million |
-1.05% |
| 2020-12-31 | CN¥1.80 Billion ≈ $263.73 Million |
+1.14% |
| 2019-12-31 | CN¥1.78 Billion ≈ $260.76 Million |
+130.79% |
| 2018-12-31 | CN¥772.14 Million ≈ $112.99 Million |
+13.42% |
| 2017-12-31 | CN¥680.75 Million ≈ $99.62 Million |
+6.56% |
| 2016-12-31 | CN¥638.85 Million ≈ $93.48 Million |
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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 113.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥324.00 Million | 18.70% |
| Other Components | CN¥1.41 Billion | 81.30% |
| Total Equity | CN¥1.73 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 |
|---|---|
|
Cronos Group Inc
TO:CRON
|
$1.02 Billion |
|
Bonheur
OL:BONHR
|
$1.02 Billion |
|
Ningbo Cixing
SHE:300307
|
$1.02 Billion |
|
Artivion Inc
NYSE:AORT
|
$1.02 Billion |
|
Cultural Investment Holdings Co Ltd
SHG:600715
|
$1.02 Billion |
|
Weebit Nano Ltd
AU:WBT
|
$1.02 Billion |
|
CH. Karnchang PCL
BK:CK
|
$1.02 Billion |
|
Beijing Watertek Information Technology Co Ltd
SHE:300324
|
$1.02 Billion |
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 2024 to 2025, total equity changed from 1,699,291,352 to 1,732,573,617, a change of 33,282,265 (2.0%).
- Net income of 12,694,200 contributed positively to equity growth.
- Dividend payments of 24,945,934 reduced retained earnings.
- Other comprehensive income increased equity by 1,120,308.
- Other factors increased equity by 44,413,691.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥12.69 Million | +0.73% |
| Dividends Paid | CN¥24.95 Million | -1.44% |
| Other Comprehensive Income | CN¥1.12 Million | +0.06% |
| Other Changes | CN¥44.41 Million | +2.56% |
| Total Change | CN¥- | 1.96% |
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: 3.98x
- 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 8.12x to 3.98x 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¥5.36 | CN¥43.50 | x |
| 2017-12-31 | CN¥5.65 | CN¥43.50 | x |
| 2018-12-31 | CN¥6.41 | CN¥43.50 | x |
| 2019-12-31 | CN¥12.96 | CN¥43.50 | x |
| 2020-12-31 | CN¥11.18 | CN¥43.50 | x |
| 2021-12-31 | CN¥11.10 | CN¥43.50 | x |
| 2022-12-31 | CN¥11.24 | CN¥43.50 | x |
| 2023-12-31 | CN¥10.79 | CN¥43.50 | x |
| 2024-12-31 | CN¥10.81 | CN¥43.50 | x |
| 2025-12-31 | CN¥10.92 | CN¥43.50 | 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): 0.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.88%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.52x
- Recent ROE (0.73%) is below the historical average (4.60%), 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 |
| 2025 | 0.73% | 1.88% | 0.26x | 1.52x | CN¥-160.56 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: $720,285,441
- Average return on equity (ROE) among peers: 7.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Forecam Optics Co Ltd (688010) | CN¥1.75 Billion | 11.27% | 0.52x | $1.02 Billion |
| China Bicycle Co Holdings Ltd (000017) | $368.14 Million | 4.58% | 0.18x | $334.79 Million |
| HL Corp Shenzhen (002105) | $983.84 Million | 2.21% | 0.72x | $293.69 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $653.92 Million | -16.62% | 0.42x | $1.72 Billion |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $884.00 Million | 4.93% | 0.13x | $556.62 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $2.05 Billion | 6.70% | 0.38x | $1.16 Billion |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $397.50 Million | 38.51% | 1.66x | $440.85 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $1.85 Billion | 7.63% | 0.28x | $1.08 Billion |
| Shifeng Cultural Development Co Ltd (002862) | $179.37 Million | 19.70% | 0.56x | $362.36 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $1.70 Billion | 6.41% | 0.74x | $524.25 Million |
| China Bicycle Co Holdings Ltd (200017) | $-1.86 Billion | 0.00% | 0.00x | $51.61 Million |
About 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