Suzhou QingYue Optoelectronics Technology Co. Ltd. A (688496) - Net Assets
Based on the latest financial reports, Suzhou QingYue Optoelectronics Technology Co. Ltd. A (688496) has net assets worth CN¥1.12 Billion CNY (≈ $163.56 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¥1.81 Billion ≈ $265.29 Million USD) and total liabilities (CN¥695.20 Million ≈ $101.73 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 688496 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.12 Billion |
| % of Total Assets | 61.65% |
| Annual Growth Rate | 22.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 62.97 |
Suzhou QingYue Optoelectronics Technology Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Suzhou QingYue Optoelectronics Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Suzhou QingYue Optoelectronics Technolog assets under control for the complete picture of this company's asset base.
Annual Net Assets for Suzhou QingYue Optoelectronics Technology Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Suzhou QingYue Optoelectronics Technology Co. Ltd. A from 2021 to 2024. For live valuation and market cap data, see Suzhou QingYue Optoelectronics Technolog market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.17 Billion ≈ $170.75 Million |
-7.60% |
| 2023-12-31 | CN¥1.26 Billion ≈ $184.79 Million |
-12.04% |
| 2022-12-31 | CN¥1.44 Billion ≈ $210.08 Million |
+123.71% |
| 2021-12-31 | CN¥641.76 Million ≈ $93.91 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou QingYue Optoelectronics Technology 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 decreased by 270.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.14 Billion | 110.13% |
| Total Equity | CN¥1.03 Billion | 100.00% |
Suzhou QingYue Optoelectronics Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Suzhou QingYue Optoelectronics Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ioneer Ltd
AU:INR
|
$293.69 Million |
|
Sto SE & Co. KGaA
F:STO3
|
$293.75 Million |
|
China Dongxiang (Group) Co. Ltd
F:4C1
|
$293.80 Million |
|
Bookook Sec
KO:001270
|
$293.81 Million |
|
Addcn Technology Co Ltd
TWO:5287
|
$293.57 Million |
|
Artesian Resources Corporation
NASDAQ:ARTNA
|
$293.48 Million |
|
Evgo Inc
NASDAQ:EVGO
|
$293.35 Million |
|
Tredegar Corporation
NYSE:TG
|
$293.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou QingYue Optoelectronics Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,126,897,336 to 1,031,989,519, a change of -94,907,817 (-8.4%).
- Net loss of 69,494,875 reduced equity.
- Dividend payments of 15,245,033 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-69.49 Million | -6.73% |
| Dividends Paid | CN¥15.25 Million | -1.48% |
| Other Changes | CN¥-10.17 Million | -0.99% |
| Total Change | CN¥- | -8.42% |
Book Value vs Market Value Analysis
This analysis compares Suzhou QingYue Optoelectronics Technology 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: 1.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.35x to 1.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥1.33 | CN¥4.46 | x |
| 2022-12-31 | CN¥2.83 | CN¥4.46 | x |
| 2023-12-31 | CN¥2.50 | CN¥4.46 | x |
| 2024-12-31 | CN¥2.29 | CN¥4.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou QingYue Optoelectronics Technology 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): -6.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.22%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.77x
- Recent ROE (-6.73%) is below the historical average (-0.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 12.34% | 8.51% | 0.45x | 3.20x | CN¥11.20 Million |
| 2022 | 4.38% | 5.35% | 0.43x | 1.90x | CN¥-71.57 Million |
| 2023 | -10.47% | -17.84% | 0.33x | 1.79x | CN¥-230.62 Million |
| 2024 | -6.73% | -9.22% | 0.41x | 1.77x | CN¥-172.69 Million |
Industry Comparison
This section compares Suzhou QingYue Optoelectronics Technology Co. Ltd. A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou QingYue Optoelectronics Technology Co. Ltd. A (688496) | CN¥1.12 Billion | 12.34% | 0.62x | $293.69 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Suzhou QingYue Optoelectronics Technology Co. Ltd. A
Suzhou QingYue Optoelectronics Technology Co., Ltd. manufactures OLED and other display devices. The company was incorporated in 2010 and is based in Kunshan, China.