Hubei Tech Semiconductors Co
Tech Semiconductors Co., Ltd. engages in the development, manufacture, and sale of power semiconductor devices in China. The company offers flat panel components, including ordinary and fast thyristors, high frequency and bidirectional thyristors, rectifier and fast recovery diodes, and welding machine diodes; thyristor diode modules comprising ordinary thyristor and rectifier, ordinary rectifier… Read more
Hubei Tech Semiconductors Co (300046) - Net Assets
Latest net assets as of September 2025: CN¥1.15 Billion CNY
Based on the latest financial reports, Hubei Tech Semiconductors Co (300046) has net assets worth CN¥1.15 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.26 Billion) and total liabilities (CN¥106.72 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¥1.15 Billion |
| % of Total Assets | 91.54% |
| Annual Growth Rate | 15.32% |
| 5-Year Change | 72.73% |
| 10-Year Change | 41.23% |
| Growth Volatility | 81.94 |
Hubei Tech Semiconductors Co - Net Assets Trend (2006–2024)
This chart illustrates how Hubei Tech Semiconductors Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hubei Tech Semiconductors Co (2006–2024)
The table below shows the annual net assets of Hubei Tech Semiconductors Co from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.11 Billion | +0.57% |
| 2023-12-31 | CN¥1.11 Billion | +4.75% |
| 2022-12-31 | CN¥1.06 Billion | +2.60% |
| 2021-12-31 | CN¥1.03 Billion | +59.80% |
| 2020-12-31 | CN¥645.15 Million | +5.41% |
| 2019-12-31 | CN¥612.05 Million | -31.67% |
| 2018-12-31 | CN¥895.70 Million | +6.84% |
| 2017-12-31 | CN¥838.35 Million | +5.84% |
| 2016-12-31 | CN¥792.07 Million | +0.38% |
| 2015-12-31 | CN¥789.04 Million | -3.44% |
| 2014-12-31 | CN¥817.14 Million | -1.56% |
| 2013-12-31 | CN¥830.07 Million | -1.97% |
| 2012-12-31 | CN¥846.73 Million | -3.06% |
| 2011-12-31 | CN¥873.44 Million | +5.74% |
| 2010-12-31 | CN¥826.03 Million | +356.29% |
| 2009-12-31 | CN¥181.03 Million | +24.42% |
| 2008-12-31 | CN¥145.50 Million | +38.00% |
| 2007-12-31 | CN¥105.43 Million | +23.13% |
| 2006-12-31 | CN¥85.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hubei Tech Semiconductors Co'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 39.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥20.82 Million | 1.88% |
| Common Stock | CN¥236.53 Million | 21.39% |
| Other Comprehensive Income | CN¥21.01 Million | 1.90% |
| Other Components | CN¥827.28 Million | 74.82% |
| Total Equity | CN¥1.11 Billion | 100.00% |
Hubei Tech Semiconductors Co Competitors by Market Cap
The table below lists competitors of Hubei Tech Semiconductors Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pfizer Limited
NSE:PFIZER
|
$823.98 Million |
|
The RealReal Inc
F:6RR
|
$824.16 Million |
|
Pan Jit International Inc
TW:2481
|
$824.61 Million |
|
Chengdu ALD Aviation Manufacturing Corp
SHE:300696
|
$825.06 Million |
|
Shanghai Feilo Acoustics Co Ltd
SHG:600651
|
$823.44 Million |
|
Viglacera Corp JSC
VN:VGC
|
$823.17 Million |
|
Lovisa Holdings Ltd
AU:LOV
|
$822.49 Million |
|
Kiatnakin Bank Public Company. Ltd
OTCGREY:KNFSF
|
$822.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hubei Tech Semiconductors Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,092,154,070 to 1,105,640,710, a change of 13,486,640 (1.2%).
- Net income of 25,293,535 contributed positively to equity growth.
- Share repurchases of 9,203,200 reduced equity.
- Other comprehensive income increased equity by 21,014,445.
- Other factors decreased equity by 23,618,140.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥25.29 Million | +2.29% |
| Share Repurchases | CN¥9.20 Million | -0.83% |
| Other Comprehensive Income | CN¥21.01 Million | +1.9% |
| Other Changes | CN¥-23.62 Million | -2.14% |
| Total Change | CN¥- | 1.23% |
Book Value vs Market Value Analysis
This analysis compares Hubei Tech Semiconductors Co'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: 7.42x
- 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 46.99x to 7.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.74 | CN¥34.68 | x |
| 2007-12-31 | CN¥0.84 | CN¥34.68 | x |
| 2008-12-31 | CN¥0.94 | CN¥34.68 | x |
| 2009-12-31 | CN¥1.07 | CN¥34.68 | x |
| 2010-12-31 | CN¥3.96 | CN¥34.68 | x |
| 2011-12-31 | CN¥4.10 | CN¥34.68 | x |
| 2012-12-31 | CN¥3.97 | CN¥34.68 | x |
| 2013-12-31 | CN¥3.89 | CN¥34.68 | x |
| 2014-12-31 | CN¥3.83 | CN¥34.68 | x |
| 2015-12-31 | CN¥3.70 | CN¥34.68 | x |
| 2016-12-31 | CN¥3.72 | CN¥34.68 | x |
| 2017-12-31 | CN¥3.93 | CN¥34.68 | x |
| 2018-12-31 | CN¥4.20 | CN¥34.68 | x |
| 2019-12-31 | CN¥2.86 | CN¥34.68 | x |
| 2020-12-31 | CN¥3.01 | CN¥34.68 | x |
| 2021-12-31 | CN¥4.45 | CN¥34.68 | x |
| 2022-12-31 | CN¥4.44 | CN¥34.68 | x |
| 2023-12-31 | CN¥4.62 | CN¥34.68 | x |
| 2024-12-31 | CN¥4.67 | CN¥34.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hubei Tech Semiconductors Co 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): 2.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.14%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.12x
- Recent ROE (2.29%) is below the historical average (7.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 20.70% | 15.17% | 0.80x | 1.70x | CN¥9.16 Million |
| 2007 | 25.67% | 16.11% | 0.88x | 1.82x | CN¥16.52 Million |
| 2008 | 25.47% | 18.71% | 1.00x | 1.37x | CN¥22.51 Million |
| 2009 | 25.22% | 21.61% | 0.87x | 1.34x | CN¥27.56 Million |
| 2010 | 9.76% | 30.15% | 0.30x | 1.08x | CN¥-1.98 Million |
| 2011 | 10.31% | 27.88% | 0.34x | 1.09x | CN¥2.69 Million |
| 2012 | 6.91% | 21.71% | 0.29x | 1.08x | CN¥-26.14 Million |
| 2013 | 4.84% | 18.25% | 0.24x | 1.09x | CN¥-42.83 Million |
| 2014 | 5.37% | 19.80% | 0.25x | 1.08x | CN¥-37.81 Million |
| 2015 | 3.64% | 17.29% | 0.20x | 1.05x | CN¥-50.17 Million |
| 2016 | 4.87% | 15.92% | 0.23x | 1.33x | CN¥-40.66 Million |
| 2017 | 6.37% | 19.16% | 0.27x | 1.22x | CN¥-30.45 Million |
| 2018 | 9.58% | 20.51% | 0.40x | 1.17x | CN¥-3.80 Million |
| 2019 | -36.06% | -83.05% | 0.33x | 1.32x | CN¥-281.04 Million |
| 2020 | 5.02% | 8.31% | 0.50x | 1.20x | CN¥-32.00 Million |
| 2021 | 4.29% | 13.40% | 0.30x | 1.08x | CN¥-58.59 Million |
| 2022 | 1.87% | 5.60% | 0.31x | 1.09x | CN¥-85.64 Million |
| 2023 | 2.85% | 9.74% | 0.26x | 1.11x | CN¥-78.08 Million |
| 2024 | 2.29% | 7.14% | 0.29x | 1.12x | CN¥-85.27 Million |
Industry Comparison
This section compares Hubei Tech Semiconductors Co's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $22,741,896,588
- Average return on equity (ROE) among peers: 8.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hubei Tech Semiconductors Co (300046) | CN¥1.15 Billion | 20.70% | 0.09x | $823.72 Million |
| TCL Corp (000100) | $132.14 Billion | 0.20% | 1.72x | $11.00 Billion |
| Inner Mongolia Ojing Science & Technology Co. Ltd. A (001269) | $470.47 Million | 28.36% | 1.12x | $193.39 Million |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $47.06 Billion | 14.49% | 1.32x | $3.68 Billion |
| TongFu Microelectronics Co Ltd (002156) | $222.39 Million | 16.98% | 3.34x | $6.97 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $19.12 Billion | 1.18% | 0.76x | $4.61 Billion |
| NAURA Technology Group Co Ltd (002371) | $3.36 Billion | 2.76% | 0.94x | $23.27 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $1.25 Billion | 6.30% | 0.11x | $3.07 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $1.01 Billion | 8.50% | 1.05x | $204.60 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $44.34 Million | 1.04% | 0.46x | $308.98 Million |