Sai MicroElectronics Inc
Sai MicroElectronics Inc. engages in the development and sale of micro-electromechanical systems products in China. It is also involved in the provision of wafer manufacturing services; and sale of semiconductor equipment. It serves the manufacturers of DNA/RNA sequencing machines, lithography machines, silicon photons, AI computing, ICT, infrared thermal imaging, computer networks and systems, m… Read more
Sai MicroElectronics Inc (300456) - Net Assets
Latest net assets as of September 2025: CN¥7.11 Billion CNY
Based on the latest financial reports, Sai MicroElectronics Inc (300456) has net assets worth CN¥7.11 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¥8.92 Billion) and total liabilities (CN¥1.81 Billion). 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¥7.11 Billion |
| % of Total Assets | 79.76% |
| Annual Growth Rate | 34.7% |
| 5-Year Change | 50.56% |
| 10-Year Change | 822.02% |
| Growth Volatility | 44.66 |
Sai MicroElectronics Inc - Net Assets Trend (2011–2024)
This chart illustrates how Sai MicroElectronics Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sai MicroElectronics Inc (2011–2024)
The table below shows the annual net assets of Sai MicroElectronics Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.39 Billion | -4.26% |
| 2023-12-31 | CN¥5.63 Billion | +2.27% |
| 2022-12-31 | CN¥5.50 Billion | -3.13% |
| 2021-12-31 | CN¥5.68 Billion | +58.73% |
| 2020-12-31 | CN¥3.58 Billion | +6.43% |
| 2019-12-31 | CN¥3.36 Billion | +78.05% |
| 2018-12-31 | CN¥1.89 Billion | +8.15% |
| 2017-12-31 | CN¥1.75 Billion | +23.97% |
| 2016-12-31 | CN¥1.41 Billion | +141.04% |
| 2015-12-31 | CN¥584.49 Million | +116.95% |
| 2014-12-31 | CN¥269.42 Million | +22.97% |
| 2013-12-31 | CN¥219.09 Million | +33.83% |
| 2012-12-31 | CN¥163.71 Million | +46.14% |
| 2011-12-31 | CN¥112.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sai MicroElectronics Inc'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 744.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥254.07 Million | 5.16% |
| Common Stock | CN¥732.21 Million | 14.87% |
| Other Comprehensive Income | CN¥-86.38 Million | -1.75% |
| Other Components | CN¥4.02 Billion | 81.72% |
| Total Equity | CN¥4.92 Billion | 100.00% |
Sai MicroElectronics Inc Competitors by Market Cap
The table below lists competitors of Sai MicroElectronics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Finning International Inc.
PINK:FINGF
|
$3.33 Billion |
|
Yapi ve Kredi Bankasi AS
IS:YKBNK
|
$3.33 Billion |
|
Stepstone Group Inc
NASDAQ:STEP
|
$3.33 Billion |
|
Sofina Société Anonyme
PINK:SFNXF
|
$3.33 Billion |
|
Aalberts N.V
F:AACA
|
$3.32 Billion |
|
Ubiquiti Networks Inc
NYSE:UI
|
$3.32 Billion |
|
KB Home
NYSE:KBH
|
$3.32 Billion |
|
HAIDILAO INT.HLDG LTD
F:8HI
|
$3.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sai MicroElectronics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,162,100,953 to 4,923,596,975, a change of -238,503,978 (-4.6%).
- Net loss of 169,994,110 reduced equity.
- Dividend payments of 55,066,858 reduced retained earnings.
- Share repurchases of 15,970,828 reduced equity.
- Other comprehensive income decreased equity by 86,376,317.
- Other factors increased equity by 88,904,135.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-169.99 Million | -3.45% |
| Dividends Paid | CN¥55.07 Million | -1.12% |
| Share Repurchases | CN¥15.97 Million | -0.32% |
| Other Comprehensive Income | CN¥-86.38 Million | -1.75% |
| Other Changes | CN¥88.90 Million | +1.81% |
| Total Change | CN¥- | -4.62% |
Book Value vs Market Value Analysis
This analysis compares Sai MicroElectronics Inc'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: 6.72x
- 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 135.30x to 6.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.33 | CN¥45.18 | x |
| 2012-12-31 | CN¥0.45 | CN¥45.18 | x |
| 2013-12-31 | CN¥0.60 | CN¥45.18 | x |
| 2014-12-31 | CN¥0.74 | CN¥45.18 | x |
| 2015-12-31 | CN¥1.36 | CN¥45.18 | x |
| 2016-12-31 | CN¥2.74 | CN¥45.18 | x |
| 2017-12-31 | CN¥2.58 | CN¥45.18 | x |
| 2018-12-31 | CN¥3.05 | CN¥45.18 | x |
| 2019-12-31 | CN¥4.38 | CN¥45.18 | x |
| 2020-12-31 | CN¥4.75 | CN¥45.18 | x |
| 2021-12-31 | CN¥7.66 | CN¥45.18 | x |
| 2022-12-31 | CN¥6.82 | CN¥45.18 | x |
| 2023-12-31 | CN¥6.97 | CN¥45.18 | x |
| 2024-12-31 | CN¥6.72 | CN¥45.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sai MicroElectronics Inc 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): -3.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.11%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.42x
- Recent ROE (-3.45%) is below the historical average (10.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 42.03% | 41.06% | 0.81x | 1.26x | CN¥35.44 Million |
| 2012 | 30.98% | 38.06% | 0.62x | 1.30x | CN¥33.63 Million |
| 2013 | 25.79% | 33.32% | 0.53x | 1.47x | CN¥34.10 Million |
| 2014 | 20.46% | 31.85% | 0.43x | 1.50x | CN¥27.57 Million |
| 2015 | 8.25% | 27.86% | 0.26x | 1.15x | CN¥-10.12 Million |
| 2016 | 4.35% | 17.53% | 0.19x | 1.31x | CN¥-76.78 Million |
| 2017 | 3.46% | 8.07% | 0.19x | 2.22x | CN¥-91.46 Million |
| 2018 | 6.28% | 13.27% | 0.22x | 2.18x | CN¥-55.99 Million |
| 2019 | 4.11% | 16.08% | 0.17x | 1.48x | CN¥-165.45 Million |
| 2020 | 6.52% | 26.29% | 0.16x | 1.55x | CN¥-107.19 Million |
| 2021 | 4.05% | 22.16% | 0.13x | 1.42x | CN¥-302.57 Million |
| 2022 | -1.47% | -9.34% | 0.11x | 1.40x | CN¥-571.47 Million |
| 2023 | 2.01% | 7.97% | 0.18x | 1.41x | CN¥-412.60 Million |
| 2024 | -3.45% | -14.11% | 0.17x | 1.42x | CN¥-662.35 Million |
Industry Comparison
This section compares Sai MicroElectronics Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $880,722,789
- Average return on equity (ROE) among peers: -2.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sai MicroElectronics Inc (300456) | CN¥7.11 Billion | 42.03% | 0.25x | $3.33 Billion |
| UniTTEC Co Ltd (000925) | $84.18 Million | 29.84% | 0.80x | $578.87 Million |
| Zhejiang Chengchang Technology Co. Ltd. (001270) | $1.36 Billion | 9.73% | 0.04x | $1.22 Billion |
| Shenzhen Techwinsemi Technology Co. Ltd. (001309) | $28.78 Million | 25.94% | 4.55x | $5.61 Billion |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $2.35 Billion | 11.59% | 0.31x | $6.06 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $3.02 Billion | 7.15% | 0.61x | $693.86 Million |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $150.59 Million | 29.58% | 0.75x | $799.25 Million |
| Tianjin Printronics Circuit Corp (002134) | $695.35 Million | -2.78% | 0.19x | $565.39 Million |
| Tatwah Smartech Co Ltd (002512) | $109.40 Million | 34.98% | 1.09x | $489.89 Million |
| Chutian Dragon Co Ltd (003040) | $988.34 Million | 12.83% | 0.52x | $512.00 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $17.90 Million | -178.82% | 10.63x | $94.42 Million |