TongFu Microelectronics Co Ltd (002156) - Net Assets

Latest as of September 2025: CN¥16.81 Billion CNY ≈ $2.46 Billion USD

Based on the latest financial reports, TongFu Microelectronics Co Ltd (002156) has net assets worth CN¥16.81 Billion CNY (≈ $2.46 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¥45.47 Billion ≈ $6.65 Billion USD) and total liabilities (CN¥28.67 Billion ≈ $4.19 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 TongFu Microelectronics Co Ltd (002156) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥16.81 Billion
% of Total Assets 36.96%
Annual Growth Rate 23.72%
5-Year Change 56.88%
10-Year Change 320.04%
Growth Volatility 43.31

TongFu Microelectronics Co Ltd - Net Assets Trend (2004–2024)

This chart illustrates how TongFu Microelectronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002156 total assets for the complete picture of this company's asset base.

Annual Net Assets for TongFu Microelectronics Co Ltd (2004–2024)

The table below shows the annual net assets of TongFu Microelectronics Co Ltd from 2004 to 2024. For live valuation and market cap data, see TongFu Microelectronics Co Ltd market cap and net worth.

Year Net Assets Change
2024-12-31 CN¥15.71 Billion
≈ $2.30 Billion		 +6.92%
2023-12-31 CN¥14.69 Billion
≈ $2.15 Billion		 +0.91%
2022-12-31 CN¥14.56 Billion
≈ $2.13 Billion		 +32.11%
2021-12-31 CN¥11.02 Billion
≈ $1.61 Billion		 +10.06%
2020-12-31 CN¥10.01 Billion
≈ $1.47 Billion		 +54.03%
2019-12-31 CN¥6.50 Billion
≈ $951.46 Million		 -0.01%
2018-12-31 CN¥6.50 Billion
≈ $951.53 Million		 +3.90%
2017-12-31 CN¥6.26 Billion
≈ $915.78 Million		 +1.90%
2016-12-31 CN¥6.14 Billion
≈ $898.73 Million		 +64.20%
2015-12-31 CN¥3.74 Billion
≈ $547.34 Million		 +58.19%
2014-12-31 CN¥2.36 Billion
≈ $346.00 Million		 +4.80%
2013-12-31 CN¥2.26 Billion
≈ $330.14 Million		 +2.15%
2012-12-31 CN¥2.21 Billion
≈ $323.20 Million		 +1.29%
2011-12-31 CN¥2.18 Billion
≈ $319.09 Million		 +2.26%
2010-12-31 CN¥2.13 Billion
≈ $312.02 Million		 +100.09%
2009-12-31 CN¥1.07 Billion
≈ $155.94 Million		 +6.00%
2008-12-31 CN¥1.01 Billion
≈ $147.12 Million		 +1.96%
2007-12-31 CN¥986.05 Million
≈ $144.29 Million		 +176.66%
2006-12-31 CN¥356.41 Million
≈ $52.15 Million		 +30.95%
2005-12-31 CN¥272.18 Million
≈ $39.83 Million		 +22.39%
2004-12-31 CN¥222.39 Million
≈ $32.54 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to TongFu Microelectronics 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 grown by 6265.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.33 Billion 22.69%
Common Stock CN¥1.52 Billion 10.33%
Other Comprehensive Income CN¥425.05 Million 2.89%
Other Components CN¥9.41 Billion 64.09%
Total Equity CN¥14.69 Billion 100.00%

TongFu Microelectronics Co Ltd Competitors by Market Cap

The table below lists competitors of TongFu Microelectronics Co Ltd ranked by their market capitalization.

Company Market Cap
Eurofins Scientific SE
PA:ERF
 $11.53 Billion
Chongqing Changan Automobile Co Ltd
SHE:000625
 $11.53 Billion
Invesco Plc
NYSE:IVZ
 $11.56 Billion
China Aerospace Times Electronics Co Ltd
SHG:600879
 $11.57 Billion
Embraer S.A.
NYSE:EMBJ
 $11.50 Billion
Hong Leong Bank Bhd
KLSE:5819
 $11.48 Billion
China Merchants Shekou Industrial Zone Holdings
SHE:001979
 $11.48 Billion
Zhengzhou Yutong Bus Co Ltd
SHG:600066
 $11.47 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TongFu Microelectronics Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 13,917,141,774 to 14,690,833,021, a change of 773,691,247 (5.6%).
  • Net income of 677,588,319 contributed positively to equity growth.
  • Dividend payments of 540,122,413 reduced retained earnings.
  • Other comprehensive income increased equity by 59,027,288.
  • Other factors increased equity by 577,198,053.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥677.59 Million +4.61%
Dividends Paid CN¥540.12 Million -3.68%
Other Comprehensive Income CN¥59.03 Million +0.4%
Other Changes CN¥577.20 Million +3.93%
Total Change CN¥- 5.56%

Book Value vs Market Value Analysis

This analysis compares TongFu Microelectronics 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: 5.35x
  • 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 92.07x to 5.35x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CN¥0.56 CN¥51.77 x
2005-12-31 CN¥0.68 CN¥51.77 x
2006-12-31 CN¥0.66 CN¥51.77 x
2007-12-31 CN¥1.63 CN¥51.77 x
2008-12-31 CN¥1.41 CN¥51.77 x
2009-12-31 CN¥1.45 CN¥51.77 x
2010-12-31 CN¥2.95 CN¥51.77 x
2011-12-31 CN¥2.74 CN¥51.77 x
2012-12-31 CN¥2.69 CN¥51.77 x
2013-12-31 CN¥2.57 CN¥51.77 x
2014-12-31 CN¥2.86 CN¥51.77 x
2015-12-31 CN¥3.81 CN¥51.77 x
2016-12-31 CN¥4.12 CN¥51.77 x
2017-12-31 CN¥6.30 CN¥51.77 x
2018-12-31 CN¥5.32 CN¥51.77 x
2019-12-31 CN¥6.39 CN¥51.77 x
2020-12-31 CN¥7.24 CN¥51.77 x
2021-12-31 CN¥7.89 CN¥51.77 x
2022-12-31 CN¥10.20 CN¥51.77 x
2023-12-31 CN¥9.04 CN¥51.77 x
2024-12-31 CN¥9.68 CN¥51.77 x

Capital Efficiency Dashboard

This dashboard shows how efficiently TongFu Microelectronics 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): 4.61%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.84%
  • • Asset Turnover: 0.61x
  • • Equity Multiplier: 2.68x
  • Recent ROE (4.61%) is below the historical average (6.27%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 17.04% 6.47% 0.61x 4.35x CN¥15.60 Million
2005 18.42% 6.40% 0.62x 4.61x CN¥22.84 Million
2006 25.07% 8.70% 0.71x 4.04x CN¥53.70 Million
2007 7.67% 6.73% 0.54x 2.10x CN¥-22.95 Million
2008 4.43% 3.74% 0.63x 1.86x CN¥-56.02 Million
2009 5.65% 4.87% 0.59x 1.97x CN¥-46.34 Million
2010 6.52% 8.05% 0.48x 1.70x CN¥-74.15 Million
2011 2.25% 3.02% 0.48x 1.55x CN¥-169.03 Million
2012 1.71% 2.38% 0.47x 1.53x CN¥-183.03 Million
2013 2.69% 3.43% 0.48x 1.63x CN¥-164.95 Million
2014 5.11% 5.78% 0.53x 1.67x CN¥-115.62 Million
2015 3.94% 6.35% 0.36x 1.74x CN¥-226.71 Million
2016 4.61% 3.94% 0.41x 2.86x CN¥-211.02 Million
2017 2.06% 1.87% 0.54x 2.05x CN¥-469.81 Million
2018 2.07% 1.76% 0.52x 2.28x CN¥-486.49 Million
2019 0.31% 0.23% 0.51x 2.64x CN¥-591.95 Million
2020 3.53% 3.14% 0.51x 2.22x CN¥-619.43 Million
2021 9.16% 6.05% 0.58x 2.60x CN¥-87.51 Million
2022 3.63% 2.34% 0.60x 2.58x CN¥-881.53 Million
2023 1.22% 0.76% 0.64x 2.51x CN¥-1.22 Billion
2024 4.61% 2.84% 0.61x 2.68x CN¥-791.49 Million

Industry Comparison

This section compares TongFu Microelectronics Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.

Industry Context

  • Industry: Semiconductor Equipment & Materials
  • Average net assets among peers: $1,106,254,972
  • Average return on equity (ROE) among peers: 6.86%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
TongFu Microelectronics Co Ltd (002156) CN¥16.81 Billion 17.04% 1.71x $11.50 Billion
TCL Corp (000100) $2.66 Billion 8.95% 2.48x $13.00 Billion
TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) $1.70 Billion 5.75% 1.39x $5.12 Billion
Tianshui Huatian Technology Co Ltd (002185) $279.37 Million 22.06% 1.27x $6.27 Billion
NAURA Technology Group Co Ltd (002371) $958.71 Million 7.86% 1.15x $56.96 Billion
Jiangsu Yoke Technology Co Ltd (002409) $1.13 Billion 6.43% 0.15x $5.90 Billion
Guangdong Huafeng New Energy Technology Co Ltd (002806) $1.19 Billion -0.70% 0.63x $437.78 Million
Zhejiang Mtcn Technology Co Ltd (003026) $74.33 Million 4.88% 0.82x $948.18 Million
Hubei Tech Semiconductors Co (300046) $1.06 Billion 1.87% 0.08x $1.12 Billion
Shanghai Sinyang Semiconductor (300236) $907.06 Million 4.67% 0.28x $4.35 Billion

About TongFu Microelectronics Co Ltd

SHE:002156 China Semiconductor Equipment & Materials
Market Cap
$11.50 Billion
CN¥78.57 Billion CNY
Market Cap Rank
#2003 Global
#223 in China
Share Price
CN¥51.77
Change (1 day)
+4.59%
52-Week Range
CN¥23.10 - CN¥56.34
All Time High
CN¥56.34
Categories
Companies in China Semiconductor Equipment & Materials Technology AI & Machine Learning
About

Tongfu Microelectronics Co.,Ltd provides integrated circuit (IC) encapsulation test services in China and internationally. The company offers wafer probe, strip testing, final testing, and system level testing semiconductor testing services; test platform and engineering services for analog and mixed signal, automotive, radio frequency, high-performance calculated devices, baseband, memory device… Read more