Luster LightTech Co. Ltd. Cl A
LUSTER LightTech Co., LTD. researches, develops, and sales of configurable visual systems, intelligent visual equipment, and optical communication products in China. The company offers vision inspection products, such as printing quality, glass, lithium battery, and display screen inspection products; fiber and coax network products, including MoCA home network, MoCA access, EPON&GPON, TV transmi… Read more
Luster LightTech Co. Ltd. Cl A (688400) - Net Assets
Latest net assets as of June 2025: CN¥3.99 Billion CNY
Based on the latest financial reports, Luster LightTech Co. Ltd. Cl A (688400) has net assets worth CN¥3.99 Billion 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¥6.04 Billion) and total liabilities (CN¥2.05 Billion). 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¥3.99 Billion |
| % of Total Assets | 66.01% |
| Annual Growth Rate | 30.92% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 62.27 |
Luster LightTech Co. Ltd. Cl A - Net Assets Trend (2020–2024)
This chart illustrates how Luster LightTech Co. Ltd. Cl 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 Luster LightTech Co. Ltd. Cl A (2020–2024)
The table below shows the annual net assets of Luster LightTech Co. Ltd. Cl A from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.90 Billion | -1.74% |
| 2023-12-31 | CN¥3.97 Billion | +1.79% |
| 2022-12-31 | CN¥3.90 Billion | +148.80% |
| 2021-12-31 | CN¥1.57 Billion | +18.05% |
| 2020-12-31 | CN¥1.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Luster LightTech Co. Ltd. Cl 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 344.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥639.51 Million | 16.36% |
| Other Components | CN¥3.27 Billion | 83.64% |
| Total Equity | CN¥3.91 Billion | 100.00% |
Luster LightTech Co. Ltd. Cl A Competitors by Market Cap
The table below lists competitors of Luster LightTech Co. Ltd. Cl A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tian Jin Motor Dies Co Ltd
SHE:002510
|
$949.65 Million |
|
Inmyshow Digital Technology Group Co Ltd
SHG:600556
|
$950.05 Million |
|
Home First Finance Company India Limited
NSE:HOMEFIRST
|
$950.21 Million |
|
Seria Co. Ltd
PINK:SAOGF
|
$950.39 Million |
|
Visionox Technology Inc
SHE:002387
|
$949.47 Million |
|
0P0O
LSE:0P0O
|
$949.38 Million |
|
Mabwell (Shanghai) Bioscience Co. Ltd. A
SHG:688062
|
$949.30 Million |
|
Hanma Technology Group Co Ltd
SHG:600375
|
$949.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Luster LightTech Co. Ltd. Cl A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,971,027,873 to 3,908,013,009, a change of -63,014,864 (-1.6%).
- Net income of 107,065,007 contributed positively to equity growth.
- Dividend payments of 26,724,210 reduced retained earnings.
- Other factors decreased equity by 143,355,661.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥107.07 Million | +2.74% |
| Dividends Paid | CN¥26.72 Million | -0.68% |
| Other Changes | CN¥-143.36 Million | -3.67% |
| Total Change | CN¥- | -1.59% |
Book Value vs Market Value Analysis
This analysis compares Luster LightTech Co. Ltd. Cl 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: 5.12x
- 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 11.73x to 5.12x 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¥43.19 | x |
| 2021-12-31 | CN¥4.34 | CN¥43.19 | x |
| 2022-12-31 | CN¥8.40 | CN¥43.19 | x |
| 2023-12-31 | CN¥8.57 | CN¥43.19 | x |
| 2024-12-31 | CN¥8.43 | CN¥43.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Luster LightTech Co. Ltd. Cl 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): 2.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.79%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.40x
- Recent ROE (2.74%) is below the historical average (6.53%), 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 | 9.96% | 7.52% | 0.83x | 1.59x | CN¥-585.93K |
| 2021 | 11.01% | 7.05% | 0.94x | 1.67x | CN¥15.80 Million |
| 2022 | 4.82% | 6.83% | 0.55x | 1.29x | CN¥-201.44 Million |
| 2023 | 4.13% | 6.21% | 0.52x | 1.28x | CN¥-233.17 Million |
| 2024 | 2.74% | 4.79% | 0.41x | 1.40x | CN¥-283.74 Million |
Industry Comparison
This section compares Luster LightTech Co. Ltd. Cl A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Luster LightTech Co. Ltd. Cl A (688400) | CN¥3.99 Billion | 9.96% | 0.51x | $949.63 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |