Focuslight Technologies Inc. A (688167) - Net Assets
Based on the latest financial reports, Focuslight Technologies Inc. A (688167) has net assets worth CN¥2.14 Billion CNY (≈ $313.83 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¥2.97 Billion ≈ $434.65 Million USD) and total liabilities (CN¥825.65 Million ≈ $120.82 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 Focuslight Technologies Inc. A asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.14 Billion |
| % of Total Assets | 72.2% |
| Annual Growth Rate | 37.71% |
| 5-Year Change | 232.61% |
| 10-Year Change | N/A |
| Growth Volatility | 104.57 |
Focuslight Technologies Inc. A - Net Assets Trend (2019–2024)
This chart illustrates how Focuslight Technologies Inc. A's net assets have evolved over time, based on quarterly financial data. Also explore Focuslight Technologies Inc. A (688167) total assets for the complete picture of this company's asset base.
Annual Net Assets for Focuslight Technologies Inc. A (2019–2024)
The table below shows the annual net assets of Focuslight Technologies Inc. A from 2019 to 2024. For live valuation and market cap data, see 688167 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.11 Billion ≈ $309.04 Million |
-12.42% |
| 2023-12-31 | CN¥2.41 Billion ≈ $352.86 Million |
-1.81% |
| 2022-12-31 | CN¥2.46 Billion ≈ $359.37 Million |
+5.60% |
| 2021-12-31 | CN¥2.33 Billion ≈ $340.31 Million |
+266.26% |
| 2020-12-31 | CN¥634.97 Million ≈ $92.92 Million |
+48.98% |
| 2019-12-31 | CN¥426.20 Million ≈ $62.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Focuslight Technologies Inc. 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 6679614217.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.16 Billion | 102.08% |
| Total Equity | CN¥2.11 Billion | 100.00% |
Focuslight Technologies Inc. A Competitors by Market Cap
The table below lists competitors of Focuslight Technologies Inc. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanxi Xishan Coal and Electricity Power Co Ltd
SHE:000983
|
$5.72 Billion |
|
CarMax Inc
NYSE:KMX
|
$5.72 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
$5.72 Billion |
|
Technip Energies BV
PA:TE
|
$5.73 Billion |
|
Jiangsu Financial Leasing Co Ltd Class A
SHG:600901
|
$5.71 Billion |
|
Caitong Securities Co Ltd
SHG:601108
|
$5.71 Billion |
|
Ameris Bancorp
NYSE:ABCB
|
$5.70 Billion |
|
Ecovacs Robotics Co Ltd
SHG:603486
|
$5.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Focuslight Technologies Inc. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,411,390,703 to 2,111,945,614, a change of -299,445,090 (-12.4%).
- Net loss of 174,909,485 reduced equity.
- Dividend payments of 37,032,668 reduced retained earnings.
- Other factors decreased equity by 87,502,937.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-174.91 Million | -8.28% |
| Dividends Paid | CN¥37.03 Million | -1.75% |
| Other Changes | CN¥-87.50 Million | -4.14% |
| Total Change | CN¥- | -12.42% |
Book Value vs Market Value Analysis
This analysis compares Focuslight Technologies Inc. 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: 18.60x
- 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 62.62x to 18.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥6.94 | CN¥434.64 | x |
| 2020-12-31 | CN¥9.27 | CN¥434.64 | x |
| 2021-12-31 | CN¥25.78 | CN¥434.64 | x |
| 2022-12-31 | CN¥27.30 | CN¥434.64 | x |
| 2023-12-31 | CN¥26.69 | CN¥434.64 | x |
| 2024-12-31 | CN¥23.37 | CN¥434.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Focuslight Technologies Inc. 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): -8.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.21%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.39x
- Recent ROE (-8.28%) is below the historical average (-1.62%), 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 | -18.87% | -24.01% | 0.55x | 1.42x | CN¥-123.05 Million |
| 2020 | 5.57% | 9.69% | 0.44x | 1.31x | CN¥-27.69 Million |
| 2021 | 2.92% | 14.24% | 0.19x | 1.09x | CN¥-164.14 Million |
| 2022 | 5.18% | 23.03% | 0.20x | 1.10x | CN¥-118.49 Million |
| 2023 | 3.75% | 16.14% | 0.21x | 1.09x | CN¥-150.59 Million |
| 2024 | -8.28% | -28.21% | 0.21x | 1.39x | CN¥-386.10 Million |
Industry Comparison
This section compares Focuslight Technologies Inc. A's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $9,769,050,515
- Average return on equity (ROE) among peers: 8.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Focuslight Technologies Inc. A (688167) | CN¥2.14 Billion | -18.87% | 0.38x | $5.72 Billion |
| TCL Corp (000100) | $9.65 Billion | 2.54% | 2.19x | $12.84 Billion |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $60.24 Billion | 5.67% | 1.08x | $5.28 Billion |
| TongFu Microelectronics Co Ltd (002156) | $2.21 Billion | 1.71% | 0.53x | $12.69 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $791.05 Million | 10.23% | 0.50x | $6.57 Billion |
| NAURA Technology Group Co Ltd (002371) | $17.20 Billion | 6.26% | 0.81x | $57.36 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $4.26 Billion | 3.12% | 0.12x | $6.19 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $126.92 Million | 25.91% | 1.26x | $463.28 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $861.69 Million | 3.97% | 0.63x | $895.26 Million |
| Hubei Tech Semiconductors Co (300046) | $846.73 Million | 6.91% | 0.08x | $1.15 Billion |
| Shanghai Sinyang Semiconductor (300236) | $1.52 Billion | 13.88% | 0.23x | $4.21 Billion |
About Focuslight Technologies Inc. A
Focuslight Technologies Inc. engages in the research and development, production, sale and lease of semiconductor laser components and laser optics components in China and internationally. It offers diode laser materials, include AuSn Pre-Deposited AlN Ceramic Substrates and AuSn Pre-Deposited CuW Substrates; diode laser components, such as single emitter and bar components, micro-channel cooled … Read more