Shaanxi Lighte Optoelectronics Material Co. Ltd. A (688150) - Net Assets
Based on the latest financial reports, Shaanxi Lighte Optoelectronics Material Co. Ltd. A (688150) has net assets worth CN¥1.84 Billion CNY (≈ $269.26 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¥2.18 Billion ≈ $318.55 Million USD) and total liabilities (CN¥336.81 Million ≈ $49.29 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 Shaanxi Lighte Optoelectronics Material liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.84 Billion |
| % of Total Assets | 84.53% |
| Annual Growth Rate | 32.26% |
| 5-Year Change | 156.1% |
| 10-Year Change | N/A |
| Growth Volatility | 40.76 |
Shaanxi Lighte Optoelectronics Material Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Shaanxi Lighte Optoelectronics Material Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Shaanxi Lighte Optoelectronics Material balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Shaanxi Lighte Optoelectronics Material Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Shaanxi Lighte Optoelectronics Material Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see how much is Shaanxi Lighte Optoelectronics Material worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.78 Billion ≈ $261.08 Million |
+5.16% |
| 2023-12-31 | CN¥1.70 Billion ≈ $248.28 Million |
+0.68% |
| 2022-12-31 | CN¥1.69 Billion ≈ $246.61 Million |
+108.35% |
| 2021-12-31 | CN¥808.86 Million ≈ $118.36 Million |
+16.10% |
| 2020-12-31 | CN¥696.69 Million ≈ $101.95 Million |
+58.15% |
| 2019-12-31 | CN¥440.53 Million ≈ $64.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shaanxi Lighte Optoelectronics Material 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 1150.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥387.19 Million | 21.70% |
| Other Components | CN¥1.40 Billion | 78.30% |
| Total Equity | CN¥1.78 Billion | 100.00% |
Shaanxi Lighte Optoelectronics Material Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shaanxi Lighte Optoelectronics Material Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cinemark Holdings Inc
NYSE:CNK
|
$3.03 Billion |
|
Giantec Semiconductor Corp
SHG:688123
|
$3.03 Billion |
|
Apeloa Pharmaceutical Co Ltd
SHE:000739
|
$3.03 Billion |
|
Megacable Holdings S. A. B. de C. V
MX:MEGACPO
|
$3.04 Billion |
|
Zhuzhou Hongda Electronics Corp Ltd Class A
SHE:300726
|
$3.03 Billion |
|
Guangdong Tonze Electric Co Ltd
SHE:002759
|
$3.03 Billion |
|
Krishna Institute of Medical Sciences Limited
NSE:KIMS
|
$3.03 Billion |
|
China South Publishing & Media Group Co Ltd
SHG:601098
|
$3.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shaanxi Lighte Optoelectronics Material Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,696,675,438 to 1,784,183,898, a change of 87,508,460 (5.2%).
- Net income of 167,318,929 contributed positively to equity growth.
- Dividend payments of 77,783,965 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥167.32 Million | +9.38% |
| Dividends Paid | CN¥77.78 Million | -4.36% |
| Other Changes | CN¥-2.03 Million | -0.11% |
| Total Change | CN¥- | 5.16% |
Book Value vs Market Value Analysis
This analysis compares Shaanxi Lighte Optoelectronics Material 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: 11.61x
- 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 increased from 7.65x to 11.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥6.73 | CN¥51.48 | x |
| 2020-12-31 | CN¥1.92 | CN¥51.48 | x |
| 2021-12-31 | CN¥2.23 | CN¥51.48 | x |
| 2022-12-31 | CN¥4.19 | CN¥51.48 | x |
| 2023-12-31 | CN¥4.22 | CN¥51.48 | x |
| 2024-12-31 | CN¥4.43 | CN¥51.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shaanxi Lighte Optoelectronics Material 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): 9.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.47%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.19x
- Recent ROE (9.38%) is below the historical average (9.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 15.72% | 32.62% | 0.31x | 1.54x | CN¥23.96 Million |
| 2020 | 10.14% | 25.74% | 0.34x | 1.16x | CN¥1.01 Million |
| 2021 | 13.34% | 31.64% | 0.33x | 1.27x | CN¥27.06 Million |
| 2022 | 6.26% | 37.63% | 0.15x | 1.13x | CN¥-63.05 Million |
| 2023 | 4.54% | 25.62% | 0.15x | 1.14x | CN¥-92.62 Million |
| 2024 | 9.38% | 35.47% | 0.22x | 1.19x | CN¥-11.10 Million |
Industry Comparison
This section compares Shaanxi Lighte Optoelectronics Material Co. Ltd. A's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,769,045,563
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shaanxi Lighte Optoelectronics Material Co. Ltd. A (688150) | CN¥1.84 Billion | 15.72% | 0.18x | $3.03 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.37 Billion | 0.00% | 0.79x | $1.28 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.46 Billion | 0.78% | 1.16x | $4.82 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $506.50 Million | 16.41% | 1.45x | $12.92 Billion |
| Zangge Holding Co Ltd (000408) | $304.26 Million | 8.29% | 1.38x | $20.72 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.46 Billion | 0.89% | 0.57x | $1.47 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $269.12 Million | 8.73% | 0.27x | $438.99 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $855.32 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $934.64 Million | 13.67% | 2.94x | $472.35 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $1.03 Billion | 8.78% | 0.45x | $362.87 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $19.62 Billion | 9.23% | 0.83x | $4.87 Billion |
About Shaanxi Lighte Optoelectronics Material Co. Ltd. A
Shaanxi Lighte Optoelectronics Material Co.,Ltd engages in the research, development, production, and sales of organic light-emitting diodes (OLED) materials. Its products include OLED materials; OLED terminal materials and intermediates; and other drug intermediates. The company supplies OLED terminal materials for the OLED panel manufacturers. The company was founded in 2010 and is headquartere… Read more