Everdisplay Optronics Shanghai Co Ltd (688538) - Net Assets
Based on the latest financial reports, Everdisplay Optronics Shanghai Co Ltd (688538) has net assets worth CN¥8.66 Billion CNY (≈ $1.27 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥27.45 Billion ≈ $4.02 Billion USD) and total liabilities (CN¥18.79 Billion ≈ $2.75 Billion 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 Everdisplay Optronics Shanghai Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.66 Billion |
| % of Total Assets | 31.56% |
| Annual Growth Rate | 3.1% |
| 5-Year Change | -2.97% |
| 10-Year Change | N/A |
| Growth Volatility | 29.67 |
Everdisplay Optronics Shanghai Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Everdisplay Optronics Shanghai Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Everdisplay Optronics Shanghai Co Ltd (688538) total assets for the complete picture of this company's asset base.
Annual Net Assets for Everdisplay Optronics Shanghai Co Ltd (2017–2024)
The table below shows the annual net assets of Everdisplay Optronics Shanghai Co Ltd from 2017 to 2024. For live valuation and market cap data, see Everdisplay Optronics Shanghai Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.03 Billion ≈ $1.47 Billion |
-20.12% |
| 2023-12-31 | CN¥12.56 Billion ≈ $1.84 Billion |
-20.53% |
| 2022-12-31 | CN¥15.81 Billion ≈ $2.31 Billion |
-9.16% |
| 2021-12-31 | CN¥17.40 Billion ≈ $2.55 Billion |
+68.24% |
| 2020-12-31 | CN¥10.34 Billion ≈ $1.51 Billion |
-6.03% |
| 2019-12-31 | CN¥11.00 Billion ≈ $1.61 Billion |
+5.30% |
| 2018-12-31 | CN¥10.45 Billion ≈ $1.53 Billion |
+29.01% |
| 2017-12-31 | CN¥8.10 Billion ≈ $1.19 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Everdisplay Optronics Shanghai Co Ltd'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 506008246585.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥13.83 Billion | 137.85% |
| Other Components | CN¥5.75 Billion | 57.28% |
| Total Equity | CN¥10.03 Billion | 100.00% |
Everdisplay Optronics Shanghai Co Ltd Competitors by Market Cap
The table below lists competitors of Everdisplay Optronics Shanghai Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yuhan Corp.
KO:000100
|
$4.57 Billion |
|
Cochlear Ltd
AU:COH
|
$4.57 Billion |
|
Novanta Inc
NASDAQ:NOVT
|
$4.57 Billion |
|
Knife River Corporation
NYSE:KNF
|
$4.58 Billion |
|
Tauron Polska Energia S.A.
WAR:TPE
|
$4.57 Billion |
|
Zhejiang Lante Optics Co Ltd
SHG:688127
|
$4.56 Billion |
|
Qingdao TGOOD Electric Co Ltd
SHE:300001
|
$4.56 Billion |
|
China First Heavy Industries
SHG:601106
|
$4.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Everdisplay Optronics Shanghai Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,560,778,463 to 10,034,099,750, a change of -2,526,678,713 (-20.1%).
- Net loss of 2,518,051,000 reduced equity.
- Dividend payments of 666,240,018 reduced retained earnings.
- Share repurchases of 45,824,975 reduced equity.
- Other factors increased equity by 703,437,280.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-2.52 Billion | -25.09% |
| Dividends Paid | CN¥666.24 Million | -6.64% |
| Share Repurchases | CN¥45.82 Million | -0.46% |
| Other Changes | CN¥703.44 Million | +7.01% |
| Total Change | CN¥- | -20.12% |
Book Value vs Market Value Analysis
This analysis compares Everdisplay Optronics Shanghai Co Ltd'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: 3.15x
- 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 increased from 2.89x to 3.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥0.78 | CN¥2.26 | x |
| 2018-12-31 | CN¥1.01 | CN¥2.26 | x |
| 2019-12-31 | CN¥1.15 | CN¥2.26 | x |
| 2020-12-31 | CN¥1.00 | CN¥2.26 | x |
| 2021-12-31 | CN¥1.47 | CN¥2.26 | x |
| 2022-12-31 | CN¥1.18 | CN¥2.26 | x |
| 2023-12-31 | CN¥0.89 | CN¥2.26 | x |
| 2024-12-31 | CN¥0.72 | CN¥2.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Everdisplay Optronics Shanghai Co Ltd 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): -25.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -50.78%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 2.95x
- Recent ROE (-25.09%) is below the historical average (-13.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -12.34% | -162.23% | 0.05x | 1.65x | CN¥-1.81 Billion |
| 2018 | -8.11% | -105.58% | 0.05x | 1.67x | CN¥-1.89 Billion |
| 2019 | -9.14% | -66.48% | 0.07x | 2.08x | CN¥-2.11 Billion |
| 2020 | -10.02% | -41.41% | 0.10x | 2.40x | CN¥-2.07 Billion |
| 2021 | -5.43% | -23.51% | 0.12x | 1.90x | CN¥-2.68 Billion |
| 2022 | -10.13% | -38.22% | 0.14x | 1.95x | CN¥-3.18 Billion |
| 2023 | -25.83% | -106.78% | 0.11x | 2.26x | CN¥-4.50 Billion |
| 2024 | -25.09% | -50.78% | 0.17x | 2.95x | CN¥-3.52 Billion |
Industry Comparison
This section compares Everdisplay Optronics Shanghai Co Ltd'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 |
|---|---|---|---|---|
| Everdisplay Optronics Shanghai Co Ltd (688538) | CN¥8.66 Billion | -12.34% | 2.17x | $4.57 Billion |
| 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 Everdisplay Optronics Shanghai Co Ltd
Everdisplay Optronics (Shanghai) Co., Ltd. researches, develops, produces, and sells high-resolution small and medium-sized active-matrix organic light-emitting diode (AMOLED) semiconductor display panels in China and internationally. The company offers AMOLED semiconductor display panel products for automotive, aviation, desktop, smart home, industrial control, and medical displays. Its products… Read more