Zhejiang Lante Optics Co Ltd (688127) - Net Assets
Based on the latest financial reports, Zhejiang Lante Optics Co Ltd (688127) has net assets worth CN¥2.03 Billion CNY (≈ $296.92 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.71 Billion ≈ $397.14 Million USD) and total liabilities (CN¥684.87 Million ≈ $100.22 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. Also explore Zhejiang Lante Optics Co Ltd total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.03 Billion |
| % of Total Assets | 74.77% |
| Annual Growth Rate | 29.85% |
| 5-Year Change | 31.84% |
| 10-Year Change | 1239.38% |
| Growth Volatility | 36.7 |
Zhejiang Lante Optics Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Zhejiang Lante Optics Co Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Zhejiang Lante Optics Co Ltd (688127) market capitalisation.
Annual Net Assets for Zhejiang Lante Optics Co Ltd (2013–2024)
The table below shows the annual net assets of Zhejiang Lante Optics Co Ltd from 2013 to 2024. Explore Zhejiang Lante Optics Co Ltd cash conversion from operations to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.82 Billion ≈ $267.02 Million |
+11.48% |
| 2023-12-31 | CN¥1.64 Billion ≈ $239.52 Million |
+8.61% |
| 2022-12-31 | CN¥1.51 Billion ≈ $220.54 Million |
+2.35% |
| 2021-12-31 | CN¥1.47 Billion ≈ $215.48 Million |
+6.39% |
| 2020-12-31 | CN¥1.38 Billion ≈ $202.54 Million |
+114.30% |
| 2019-12-31 | CN¥645.87 Million ≈ $94.51 Million |
+3.34% |
| 2018-12-31 | CN¥625.02 Million ≈ $91.46 Million |
+69.83% |
| 2017-12-31 | CN¥368.03 Million ≈ $53.85 Million |
+79.95% |
| 2016-12-31 | CN¥204.52 Million ≈ $29.93 Million |
+50.12% |
| 2015-12-31 | CN¥136.24 Million ≈ $19.94 Million |
+24.36% |
| 2014-12-31 | CN¥109.55 Million ≈ $16.03 Million |
+6.29% |
| 2013-12-31 | CN¥103.07 Million ≈ $15.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Lante 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 3199.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥655.96 Million | 36.01% |
| Common Stock | CN¥403.19 Million | 22.14% |
| Other Components | CN¥762.23 Million | 41.85% |
| Total Equity | CN¥1.82 Billion | 100.00% |
Zhejiang Lante Optics Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Lante Optics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tauron Polska Energia S.A.
WAR:TPE
|
$4.57 Billion |
|
Everdisplay Optronics Shanghai Co Ltd
SHG:688538
|
$4.57 Billion |
|
Yuhan Corp.
KO:000100
|
$4.57 Billion |
|
Cochlear Ltd
AU:COH
|
$4.57 Billion |
|
Qingdao TGOOD Electric Co Ltd
SHE:300001
|
$4.56 Billion |
|
China First Heavy Industries
SHG:601106
|
$4.56 Billion |
|
AAC Technologies Holdings Inc
F:A2XN
|
$4.56 Billion |
|
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
SA:SBSP3
|
$4.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Lante Optics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,634,209,386 to 1,821,377,523, a change of 187,168,137 (11.5%).
- Net income of 220,530,544 contributed positively to equity growth.
- Dividend payments of 84,993,159 reduced retained earnings.
- Other factors increased equity by 51,630,752.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥220.53 Million | +12.11% |
| Dividends Paid | CN¥84.99 Million | -4.67% |
| Other Changes | CN¥51.63 Million | +2.83% |
| Total Change | CN¥- | 11.45% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Lante 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: 16.91x
- 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 35.22x to 16.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.18 | CN¥76.80 | x |
| 2014-12-31 | CN¥1.91 | CN¥76.80 | x |
| 2015-12-31 | CN¥2.47 | CN¥76.80 | x |
| 2016-12-31 | CN¥3.58 | CN¥76.80 | x |
| 2017-12-31 | CN¥1.09 | CN¥76.80 | x |
| 2018-12-31 | CN¥1.87 | CN¥76.80 | x |
| 2019-12-31 | CN¥1.61 | CN¥76.80 | x |
| 2020-12-31 | CN¥3.45 | CN¥76.80 | x |
| 2021-12-31 | CN¥3.66 | CN¥76.80 | x |
| 2022-12-31 | CN¥3.74 | CN¥76.80 | x |
| 2023-12-31 | CN¥4.09 | CN¥76.80 | x |
| 2024-12-31 | CN¥4.54 | CN¥76.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Lante 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): 12.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.32%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.27x
- Recent ROE (12.11%) is below the historical average (13.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 2.75% | 2.85% | 0.50x | 1.92x | CN¥-7.34 Million |
| 2014 | 2.62% | 3.00% | 0.42x | 2.09x | CN¥-7.67 Million |
| 2015 | 8.49% | 10.11% | 0.45x | 1.85x | CN¥-1.96 Million |
| 2016 | 13.67% | 16.30% | 0.53x | 1.58x | CN¥7.31 Million |
| 2017 | 45.97% | 41.27% | 0.67x | 1.66x | CN¥132.41 Million |
| 2018 | 18.23% | 28.87% | 0.49x | 1.29x | CN¥51.43 Million |
| 2019 | 17.98% | 34.76% | 0.38x | 1.35x | CN¥51.54 Million |
| 2020 | 13.22% | 41.69% | 0.29x | 1.11x | CN¥44.58 Million |
| 2021 | 9.51% | 33.70% | 0.25x | 1.13x | CN¥-7.16 Million |
| 2022 | 6.38% | 25.26% | 0.20x | 1.28x | CN¥-54.47 Million |
| 2023 | 11.01% | 23.85% | 0.33x | 1.40x | CN¥16.49 Million |
| 2024 | 12.11% | 21.32% | 0.45x | 1.27x | CN¥38.39 Million |
Industry Comparison
This section compares Zhejiang Lante Optics Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $6,689,082,144
- Average return on equity (ROE) among peers: 7.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Lante Optics Co Ltd (688127) | CN¥2.03 Billion | 2.75% | 0.34x | $4.56 Billion |
| TCL Corp (000100) | $54.14 Billion | 4.92% | 1.96x | $13.00 Billion |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $324.60 Million | 17.43% | 0.64x | $5.12 Billion |
| TongFu Microelectronics Co Ltd (002156) | $356.41 Million | 25.07% | 3.04x | $11.50 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $279.37 Million | 22.06% | 1.27x | $6.27 Billion |
| NAURA Technology Group Co Ltd (002371) | $186.51 Million | 17.25% | 1.53x | $56.96 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $8.67 Billion | 6.69% | 0.46x | $5.90 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $872.24 Million | -37.18% | 0.97x | $437.78 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $648.76 Million | 3.51% | 0.98x | $948.18 Million |
| Hubei Tech Semiconductors Co (300046) | $1.06 Billion | 1.87% | 0.08x | $1.12 Billion |
| Shanghai Sinyang Semiconductor (300236) | $355.94 Million | 10.96% | 0.13x | $4.35 Billion |
About Zhejiang Lante Optics Co Ltd
Zhejiang Lante Optics Co., Ltd. manufactures and sells optical products in China and internationally. The company offers prisms, lenses, windows, and filters; micro prisms and micro glass sphere/aspheric lens; rearview mirrors, LOGO projectors, and automotive lens; substrate, carriers, packing, and etching wafers, as well as through glass via; small lens, PBS prisms, and etching glass; imaging gl… Read more