Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. It provides HiWire active electrical cables solutions, including HiWire CLOS, SPAN, SHIFT, and SWITCH; optical PAM4 digital signal processors; low-power line card PHY; serializ… Read more
Credo Technology Group Holding Ltd (CRDO) - Net Assets
Latest net assets as of January 2026: $1.85 Billion USD
Based on the latest financial reports, Credo Technology Group Holding Ltd (CRDO) has net assets worth $1.85 Billion USD as of January 2026.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.04 Billion) and total liabilities ($188.45 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 | $1.85 Billion |
| % of Total Assets | 90.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 21.03 |
Credo Technology Group Holding Ltd - Net Assets Trend (2020–2025)
This chart illustrates how Credo Technology Group Holding Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Credo Technology Group Holding Ltd (2020–2025)
The table below shows the annual net assets of Credo Technology Group Holding Ltd from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $681.58 Million | +26.17% |
| 2024-04-30 | $540.20 Million | +55.39% |
| 2023-04-30 | $347.63 Million | +4.03% |
| 2022-04-30 | $334.16 Million | +702.84% |
| 2021-04-30 | $-55.43 Million | -489.19% |
| 2020-04-30 | $-9.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Credo Technology Group Holding 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 6439500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.00K | 0.00% |
| Other Comprehensive Income | $-437.00K | -0.06% |
| Other Components | $765.17 Million | 112.26% |
| Total Equity | $681.58 Million | 100.00% |
Credo Technology Group Holding Ltd Competitors by Market Cap
The table below lists competitors of Credo Technology Group Holding Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wanhua Chemical Group Co Ltd
SHG:600309
|
$19.35 Billion |
|
Kraft Heinz Co
NASDAQ:KHC
|
$19.36 Billion |
|
Epiroc AB (publ)
PINK:EPIAF
|
$19.40 Billion |
|
Expeditors International of Washington, Inc.
NASDAQ:EXPD
|
$19.44 Billion |
|
WuXi AppTec Co. Ltd
PINK:WUXIF
|
$19.34 Billion |
|
Aselsan Elektronik Sanayi ve Ticaret AS
IS:ASELS
|
$19.29 Billion |
|
Anhui Conch Cement Co Ltd
PINK:AHCHY
|
$19.28 Billion |
|
Partners Group Holding AG
SW:PGHN
|
$19.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Credo Technology Group Holding Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 540,198,000 to 681,582,000, a change of 141,384,000 (26.2%).
- Net income of 52,183,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 82,000.
- Other factors increased equity by 89,119,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $52.18 Million | +7.66% |
| Other Comprehensive Income | $82.00K | +0.01% |
| Other Changes | $89.12 Million | +13.08% |
| Total Change | $- | 26.17% |
Book Value vs Market Value Analysis
This analysis compares Credo Technology Group Holding 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: 31.07x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-04-30 | $-0.13 | $116.88 | x |
| 2021-04-30 | $-0.40 | $116.88 | x |
| 2022-04-30 | $2.30 | $116.88 | x |
| 2023-04-30 | $2.37 | $116.88 | x |
| 2024-04-30 | $3.48 | $116.88 | x |
| 2025-04-30 | $3.76 | $116.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Credo Technology Group Holding 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): 7.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.95%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.19x
- Recent ROE (7.66%) is above the historical average (-1.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 2.47% | 0.50x | 0.00x | $2.27 Million |
| 2021 | 0.00% | -46.87% | 0.38x | 0.00x | $-21.97 Million |
| 2022 | -6.64% | -20.83% | 0.28x | 1.12x | $-55.59 Million |
| 2023 | -4.76% | -8.98% | 0.46x | 1.14x | $-51.31 Million |
| 2024 | -5.25% | -14.70% | 0.32x | 1.11x | $-82.39 Million |
| 2025 | 7.66% | 11.95% | 0.54x | 1.19x | $-15.98 Million |
Industry Comparison
This section compares Credo Technology Group Holding Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,032,397,694
- Average return on equity (ROE) among peers: -33.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Credo Technology Group Holding Ltd (CRDO) | $1.85 Billion | 0.00% | 0.10x | $19.34 Billion |
| Analog Devices Inc (ADI) | $3.80 Billion | 22.85% | 0.39x | $150.01 Billion |
| Arteris Inc (AIP) | $-14.63 Million | 0.00% | 0.00x | $526.88 Million |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $17.80 Billion |
| Allegro Microsystems Inc (ALGM) | $634.13 Million | 5.83% | 0.29x | $3.89 Billion |
| Aeluma, Inc (ALMU) | $5.10 Million | -67.68% | 0.16x | $165.92 Million |
| Ambiq Micro, Inc. (AMBQ) | $89.01 Million | -28.47% | 0.18x | $424.34 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $318.73 Billion |
| AMSSD (AMSSD) | $1.91 Billion | -84.67% | 2.89x | $27.31K |
| Alpha and Omega Semiconductor Ltd (AOSL) | $260.25 Million | 14.53% | 0.34x | $517.79 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $3.55 Billion | 15.47% | 0.83x | $16.65 Billion |