CNlight Co Ltd

SHE:002076 China Furnishings, Fixtures & Appliances
Market Cap
$323.49 Million
CN¥2.37 Billion CNY
Market Cap Rank
#14190 Global
#3705 in China
Share Price
CN¥2.14
Change (1 day)
-2.73%
52-Week Range
CN¥1.59 - CN¥4.09
All Time High
CN¥9.92
About

Cnlight Co.,Ltd manufactures and sells lighting products in China. It offers LED lighting, UV disinfection, automotive lighting, lithium battery production equipment, information security, and system integration. The company was founded in 1992 and is based in Foshan, China.

CNlight Co Ltd (002076) - Total Assets

Latest total assets as of September 2025: CN¥646.20 Million CNY

Based on the latest financial reports, CNlight Co Ltd (002076) holds total assets worth CN¥646.20 Million CNY as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

CNlight Co Ltd - Total Assets Trend (2003–2024)

This chart illustrates how CNlight Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

CNlight Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

CNlight Co Ltd's total assets of CN¥646.20 Million consist of 60.2% current assets and 39.8% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 16.7%
Accounts Receivable CN¥85.99 Million 14.1%
Inventory CN¥137.46 Million 22.5%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥9.26 Million 1.5%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2003–2024)

This chart illustrates how CNlight Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: CNlight Co Ltd's current assets represent 60.2% of total assets in 2024, an increase from 48.4% in 2003.
  • Cash Position: Cash and equivalents constituted 16.7% of total assets in 2024, up from 1.9% in 2003.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 10.0% in 2003.
  • Asset Diversification: The largest asset category is inventory at 22.5% of total assets.

CNlight Co Ltd Competitors by Total Assets

Key competitors of CNlight Co Ltd based on total assets are shown below.

CNlight Co Ltd - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.21 - 0.56

Lower asset utilization - CNlight Co Ltd generates 0.31x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -90.91% - 6.46%

Negative ROA - CNlight Co Ltd is currently not profitable relative to its asset base.

CNlight Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.27 1.43 0.41
Quick Ratio 0.79 0.85 0.31
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥81.47 Million CN¥ 80.18 Million CN¥ -360.08 Million

CNlight Co Ltd - Advanced Valuation Insights

This section examines the relationship between CNlight Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 7.57
Latest Market Cap to Assets Ratio 0.38
Asset Growth Rate (YoY) 15.6%
Total Assets CN¥611.99 Million
Market Capitalization $233.57 Million USD

Valuation Analysis

Below Book Valuation: The market values CNlight Co Ltd's assets below their book value (0.38 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: CNlight Co Ltd's assets grew by 15.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for CNlight Co Ltd (2003–2024)

The table below shows the annual total assets of CNlight Co Ltd from 2003 to 2024.

Year Total Assets Change
2024-12-31 CN¥611.99 Million +15.62%
2023-12-31 CN¥529.31 Million -28.70%
2022-12-31 CN¥742.40 Million +32.07%
2021-12-31 CN¥562.11 Million -16.64%
2020-12-31 CN¥674.30 Million +0.89%
2019-12-31 CN¥668.38 Million -57.96%
2018-12-31 CN¥1.59 Billion -28.12%
2017-12-31 CN¥2.21 Billion +32.00%
2016-12-31 CN¥1.68 Billion +16.99%
2015-12-31 CN¥1.43 Billion +134.19%
2014-12-31 CN¥611.55 Million +7.62%
2013-12-31 CN¥568.23 Million +1.06%
2012-12-31 CN¥562.27 Million -1.59%
2011-12-31 CN¥571.39 Million +7.84%
2010-12-31 CN¥529.87 Million +8.17%
2009-12-31 CN¥489.87 Million +10.87%
2008-12-31 CN¥441.83 Million -0.88%
2007-12-31 CN¥445.75 Million +15.36%
2006-12-31 CN¥386.41 Million +94.13%
2005-12-31 CN¥199.05 Million +29.98%
2004-12-31 CN¥153.14 Million +32.49%
2003-12-31 CN¥115.59 Million --