Yangtze Optical Electronic Co. Ltd. A (688143) - Net Assets
Based on the latest financial reports, Yangtze Optical Electronic Co. Ltd. A (688143) has net assets worth CN¥1.22 Billion CNY (≈ $177.91 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¥1.59 Billion ≈ $233.25 Million USD) and total liabilities (CN¥378.17 Million ≈ $55.34 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 Yangtze Optical Electronic Co. Ltd. A (688143) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.22 Billion |
| % of Total Assets | 76.28% |
| Annual Growth Rate | 36.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 84.46 |
Yangtze Optical Electronic Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Yangtze Optical Electronic Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore 688143 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Yangtze Optical Electronic Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Yangtze Optical Electronic Co. Ltd. A from 2020 to 2024. For live valuation and market cap data, see 688143 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.18 Billion ≈ $172.92 Million |
-3.84% |
| 2023-12-31 | CN¥1.23 Billion ≈ $179.82 Million |
-2.00% |
| 2022-12-31 | CN¥1.25 Billion ≈ $183.49 Million |
+199.39% |
| 2021-12-31 | CN¥418.83 Million ≈ $61.29 Million |
+23.76% |
| 2020-12-31 | CN¥338.42 Million ≈ $49.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yangtze Optical Electronic Co. Ltd. A'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 218.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥172.90 Million | 14.77% |
| Other Components | CN¥997.40 Million | 85.23% |
| Total Equity | CN¥1.17 Billion | 100.00% |
Yangtze Optical Electronic Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Yangtze Optical Electronic Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DBV Technologies
NASDAQ:DBVT
|
$1.18 Billion |
|
KEDE Numerical Control Co Ltd
SHG:688305
|
$1.18 Billion |
|
Aryt Industries Ltd
TA:ARYT
|
$1.18 Billion |
|
Fras-le S.A
SA:FRAS3
|
$1.18 Billion |
|
Shenzhen Edadoc Technology Co. Ltd. A
SHE:301366
|
$1.18 Billion |
|
Luye Pharma Group Ltd
F:LUP
|
$1.18 Billion |
|
Winall Hi tech Seed
SHE:300087
|
$1.18 Billion |
|
Ramsay Generale De Sante
PA:GDS
|
$1.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yangtze Optical Electronic Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,218,920,897 to 1,170,293,428, a change of -48,627,469 (-4.0%).
- Net income of 17,941,394 contributed positively to equity growth.
- Dividend payments of 1,181,872 reduced retained earnings.
- Other factors decreased equity by 65,386,992.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥17.94 Million | +1.53% |
| Dividends Paid | CN¥1.18 Million | -0.1% |
| Other Changes | CN¥-65.39 Million | -5.59% |
| Total Change | CN¥- | -3.99% |
Book Value vs Market Value Analysis
This analysis compares Yangtze Optical Electronic Co. Ltd. A'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: 6.52x
- 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 16.98x to 6.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥3.68 | CN¥62.40 | x |
| 2021-12-31 | CN¥4.51 | CN¥62.40 | x |
| 2022-12-31 | CN¥10.21 | CN¥62.40 | x |
| 2023-12-31 | CN¥9.93 | CN¥62.40 | x |
| 2024-12-31 | CN¥9.56 | CN¥62.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yangtze Optical Electronic Co. Ltd. A 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): 1.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.42%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.27x
- Recent ROE (1.53%) is below the historical average (8.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 16.04% | 25.11% | 0.46x | 1.38x | CN¥20.36 Million |
| 2021 | 18.50% | 29.24% | 0.48x | 1.31x | CN¥35.19 Million |
| 2022 | 6.46% | 25.73% | 0.22x | 1.13x | CN¥-44.26 Million |
| 2023 | 1.28% | 7.07% | 0.16x | 1.13x | CN¥-106.33 Million |
| 2024 | 1.53% | 5.42% | 0.22x | 1.27x | CN¥-99.09 Million |
Industry Comparison
This section compares Yangtze Optical Electronic Co. Ltd. A'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 |
|---|---|---|---|---|
| Yangtze Optical Electronic Co. Ltd. A (688143) | CN¥1.22 Billion | 16.04% | 0.31x | $1.18 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 Yangtze Optical Electronic Co. Ltd. A
Yangtze Optical Electronic Co., Ltd. engages in the research and development, production, and sale of special optical fiber and cables, special optical devices, new materials, high-end equipment, and photoelectric systems in China. It offers optic fiber coils, optical modules, and optical devices; PANDA polarization maintaining fiber for FOG coiling, FOG waveguide, communications, and maintaining… Read more