MLOptic Corp. A
MLOptic Corp. operates as a precision optical solutions company in China and internationally. The company also focuses on the research and development of precision optical devices, optical lenses and optical systems. The company offers optical components, lenses, and metrology instruments; spherical and aspherical lenses, cylindrical lenses, freeforms, prisms, waveplates, filters, reticles, mirro… Read more
MLOptic Corp. A (688502) - Net Assets
Latest net assets as of June 2025: CN¥1.20 Billion CNY
Based on the latest financial reports, MLOptic Corp. A (688502) has net assets worth CN¥1.20 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¥1.55 Billion) and total liabilities (CN¥352.18 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¥1.20 Billion |
| % of Total Assets | 77.31% |
| Annual Growth Rate | 55.91% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 103.59 |
MLOptic Corp. A - Net Assets Trend (2021–2024)
This chart illustrates how MLOptic Corp. 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 MLOptic Corp. A (2021–2024)
The table below shows the annual net assets of MLOptic Corp. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.17 Billion | -1.61% |
| 2023-12-31 | CN¥1.19 Billion | +227.18% |
| 2022-12-31 | CN¥364.01 Million | +17.78% |
| 2021-12-31 | CN¥309.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MLOptic Corp. 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 27.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥229.57 Million | 19.59% |
| Other Components | CN¥942.16 Million | 80.41% |
| Total Equity | CN¥1.17 Billion | 100.00% |
MLOptic Corp. A Competitors by Market Cap
The table below lists competitors of MLOptic Corp. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Injoinic Technology Co. Ltd. A
SHG:688209
|
$698.92 Million |
|
Korea Kolmar
KO:161890
|
$698.94 Million |
|
Sansure Biotech Inc
SHG:688289
|
$699.08 Million |
|
OceanaGold Corporation
PINK:OCANF
|
$699.09 Million |
|
Meren Energy Inc.
NASDAQ:MRNFF
|
$698.35 Million |
|
State Power Rixin Technology Co. Ltd.
SHE:301162
|
$698.26 Million |
|
Telekom Austria AG
VI:TKA
|
$698.09 Million |
|
Tongyang Inc
KO:001527
|
$697.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MLOptic Corp. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,190,955,222 to 1,171,731,639, a change of -19,223,583 (-1.6%).
- Net income of 35,520,981 contributed positively to equity growth.
- Dividend payments of 37,116,512 reduced retained earnings.
- Other factors decreased equity by 17,628,052.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥35.52 Million | +3.03% |
| Dividends Paid | CN¥37.12 Million | -3.17% |
| Other Changes | CN¥-17.63 Million | -1.5% |
| Total Change | CN¥- | -1.61% |
Book Value vs Market Value Analysis
This analysis compares MLOptic Corp. 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: 14.86x
- 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 42.25x to 14.86x 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¥7.80 | CN¥329.78 | x |
| 2022-12-31 | CN¥9.19 | CN¥329.78 | x |
| 2023-12-31 | CN¥22.56 | CN¥329.78 | x |
| 2024-12-31 | CN¥22.19 | CN¥329.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MLOptic Corp. 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): 3.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.06%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.25x
- Recent ROE (3.03%) is below the historical average (9.61%), 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 | 15.27% | 14.24% | 0.68x | 1.58x | CN¥16.28 Million |
| 2022 | 16.21% | 13.45% | 0.75x | 1.60x | CN¥22.61 Million |
| 2023 | 3.92% | 10.20% | 0.34x | 1.14x | CN¥-72.37 Million |
| 2024 | 3.03% | 7.06% | 0.34x | 1.25x | CN¥-81.65 Million |
Industry Comparison
This section compares MLOptic Corp. A's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,717,856,904
- Average return on equity (ROE) among peers: 1.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MLOptic Corp. A (688502) | CN¥1.20 Billion | 15.27% | 0.29x | $698.89 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $4.25 Billion | 2.51% | 0.54x | $2.26 Billion |
| Oriental Times Media Corp (002175) | $265.90 Million | 3.28% | 0.57x | $474.50 Million |
| Changchun UP Optotech Co Ltd (002338) | $840.05 Million | 5.20% | 0.18x | $881.21 Million |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $1.67 Billion | -30.87% | 0.78x | $563.18 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $3.50 Billion | 3.01% | 0.07x | $2.25 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $349.06 Million | 33.65% | 0.53x | $2.88 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.47 Billion | 1.01% | 0.55x | $387.48 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.23 Billion | 6.74% | 0.45x | $339.74 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $852.04 Million | -11.22% | 1.16x | $391.79 Million |
| Hangzhou Innover Technology Co Ltd (002767) | $754.56 Million | 2.77% | 0.32x | $183.91 Million |