Optowide Technologies Co. Ltd. A
Optowide Technologies Co., Ltd. engages in the research, development, production, and sale of precision optics and fiber components in China and internationally. The company's precision optics products include molded glass aspheric lenses, free form lenses optical filters, plano optics, optical components, spherical optics, and other optics; and fiber components, such as telecom passive component… Read more
Optowide Technologies Co. Ltd. A (688195) - Net Assets
Latest net assets as of June 2025: CN¥988.90 Million CNY
Based on the latest financial reports, Optowide Technologies Co. Ltd. A (688195) has net assets worth CN¥988.90 Million CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.33 Billion) and total liabilities (CN¥343.63 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥988.90 Million |
| % of Total Assets | 74.21% |
| Annual Growth Rate | 23.03% |
| 5-Year Change | 134.18% |
| 10-Year Change | N/A |
| Growth Volatility | 37.73 |
Optowide Technologies Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Optowide Technologies Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Optowide Technologies Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Optowide Technologies Co. Ltd. A from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥970.04 Million | +6.33% |
| 2023-12-31 | CN¥912.27 Million | +3.76% |
| 2022-12-31 | CN¥879.22 Million | +5.06% |
| 2021-12-31 | CN¥836.85 Million | +102.02% |
| 2020-12-31 | CN¥414.23 Million | +20.42% |
| 2019-12-31 | CN¥343.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Optowide Technologies 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 1337.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥193.59 Million | 21.01% |
| Other Components | CN¥727.77 Million | 78.99% |
| Total Equity | CN¥921.36 Million | 100.00% |
Optowide Technologies Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Optowide Technologies Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Topgolf Callaway Brands Corp.
NYSE:MODG
|
$2.05 Billion |
|
CSG Systems International Inc
NASDAQ:CSGS
|
$2.05 Billion |
|
Lakala Payment Co Ltd
SHE:300773
|
$2.05 Billion |
|
Perdoceo Education Corp
NASDAQ:PRDO
|
$2.05 Billion |
|
ATL. BRV. HLDG. C DL-,001
F:E450
|
$2.05 Billion |
|
Fletcher Building Ltd PK
PINK:FCREY
|
$2.04 Billion |
|
Fluidra S.A
OTCGREY:FLUIF
|
$2.04 Billion |
|
Chorus Ltd
AU:CNU
|
$2.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Optowide Technologies Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 902,773,305 to 921,357,359, a change of 18,584,054 (2.1%).
- Net income of 69,368,248 contributed positively to equity growth.
- Dividend payments of 29,292,690 reduced retained earnings.
- Other factors decreased equity by 21,491,504.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥69.37 Million | +7.53% |
| Dividends Paid | CN¥29.29 Million | -3.18% |
| Other Changes | CN¥-21.49 Million | -2.33% |
| Total Change | CN¥- | 2.06% |
Book Value vs Market Value Analysis
This analysis compares Optowide Technologies 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: 33.36x
- 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 67.01x to 33.36x 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¥3.55 | CN¥237.62 | x |
| 2020-12-31 | CN¥4.27 | CN¥237.62 | x |
| 2021-12-31 | CN¥6.47 | CN¥237.62 | x |
| 2022-12-31 | CN¥6.80 | CN¥237.62 | x |
| 2023-12-31 | CN¥6.98 | CN¥237.62 | x |
| 2024-12-31 | CN¥7.12 | CN¥237.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Optowide Technologies 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): 7.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.58%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.41x
- Recent ROE (7.53%) is below the historical average (9.24%), 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 | 13.27% | 25.49% | 0.42x | 1.23x | CN¥11.24 Million |
| 2020 | 17.11% | 26.33% | 0.41x | 1.57x | CN¥29.47 Million |
| 2021 | 6.25% | 17.27% | 0.30x | 1.21x | CN¥-31.40 Million |
| 2022 | 6.65% | 16.97% | 0.34x | 1.16x | CN¥-29.48 Million |
| 2023 | 4.61% | 12.25% | 0.31x | 1.20x | CN¥-48.62 Million |
| 2024 | 7.53% | 15.58% | 0.34x | 1.41x | CN¥-22.77 Million |
Industry Comparison
This section compares Optowide Technologies Co. Ltd. A's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,522,000,668
- Average return on equity (ROE) among peers: -3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Optowide Technologies Co. Ltd. A (688195) | CN¥988.90 Million | 13.27% | 0.35x | $2.05 Billion |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |