Focuslight Technologies Inc. A (688167) - Net Assets
Based on the latest financial reports, Focuslight Technologies Inc. A (688167) has net assets worth CN¥2.27 Billion CNY (≈ $332.72 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.07 Billion ≈ $449.56 Million USD) and total liabilities (CN¥798.49 Million ≈ $116.84 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. See net asset quality index of Focuslight Technologies Inc. A to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.27 Billion |
| % of Total Assets | 74.01% |
| Annual Growth Rate | 31.66% |
| 5-Year Change | -4.51% |
| 10-Year Change | N/A |
| Growth Volatility | 97.73 |
Focuslight Technologies Inc. A - Net Assets Trend (2019–2025)
This chart illustrates how Focuslight Technologies Inc. A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Focuslight Technologies Inc. A market capitalisation.
Annual Net Assets for Focuslight Technologies Inc. A (2019–2025)
The table below shows the annual net assets of Focuslight Technologies Inc. A from 2019 to 2025. Also explore 688167 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.22 Billion ≈ $324.95 Million |
+5.15% |
| 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 2838656790.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.30 Billion | 103.71% |
| Total Equity | CN¥2.22 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 |
|---|---|
|
IMCD NV
AS:IMCD
|
$5.60 Billion |
|
Enel Chile SA ADR
NYSE:ENIC
|
$5.60 Billion |
|
Taylor Morn Home
NYSE:TMHC
|
$5.61 Billion |
|
BRF S.A
SA:BRFS3
|
$5.61 Billion |
|
Oruka Therapeutics, Inc.
NASDAQ:ORKA
|
$5.59 Billion |
|
Ultrapar Participacoes SA ADR
NYSE:UGP
|
$5.59 Billion |
|
AutoNation Inc
NYSE:AN
|
$5.59 Billion |
|
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
VI:ATS
|
$5.58 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 2024 to 2025, total equity changed from 2,111,945,614 to 2,220,620,428, a change of 108,674,814 (5.1%).
- Net loss of 38,409,574 reduced equity.
- Dividend payments of 12,102,263 reduced retained earnings.
- Other factors increased equity by 159,186,651.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-38.41 Million | -1.73% |
| Dividends Paid | CN¥12.10 Million | -0.54% |
| Other Changes | CN¥159.19 Million | +7.17% |
| Total Change | CN¥- | 5.15% |
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: 11.89x
- 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 42.33x to 11.89x 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¥293.84 | x |
| 2020-12-31 | CN¥9.27 | CN¥293.84 | x |
| 2021-12-31 | CN¥25.78 | CN¥293.84 | x |
| 2022-12-31 | CN¥18.83 | CN¥293.84 | x |
| 2023-12-31 | CN¥18.40 | CN¥293.84 | x |
| 2024-12-31 | CN¥23.37 | CN¥293.84 | x |
| 2025-12-31 | CN¥24.71 | CN¥293.84 | 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): -1.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.36%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.38x
- Recent ROE (-1.73%) is below the historical average (-1.64%), 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 |
| 2025 | -1.73% | -4.36% | 0.29x | 1.38x | CN¥-260.47 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: $10,749,136,452
- Average return on equity (ROE) among peers: 6.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Focuslight Technologies Inc. A (688167) | CN¥2.27 Billion | -18.87% | 0.35x | $5.60 Billion |
| TCL Corp (000100) | $63.88 Billion | 4.10% | 1.58x | $15.64 Billion |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $3.63 Billion | 1.97% | 1.94x | $5.53 Billion |
| TongFu Microelectronics Co Ltd (002156) | $10.01 Billion | 3.38% | 1.12x | $13.55 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $19.20 Billion | 3.93% | 0.61x | $8.55 Billion |
| NAURA Technology Group Co Ltd (002371) | $244.31 Million | 17.82% | 1.48x | $69.35 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $8.13 Billion | 6.45% | 0.30x | $9.24 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $352.03 Million | 7.46% | 0.51x | $472.92 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $73.98 Million | 13.91% | 0.24x | $674.29 Million |
| Hubei Tech Semiconductors Co (300046) | $1.11 Billion | 2.81% | 0.10x | $858.72 Million |
| Shanghai Sinyang Semiconductor (300236) | $857.17 Million | 7.96% | 0.21x | $4.03 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