Sai MicroElectronics Inc (300456) - Net Assets

Latest as of September 2025: CN¥7.11 Billion CNY ≈ $1.04 Billion USD

Based on the latest financial reports, Sai MicroElectronics Inc (300456) has net assets worth CN¥7.11 Billion CNY (≈ $1.04 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¥8.92 Billion ≈ $1.31 Billion USD) and total liabilities (CN¥1.81 Billion ≈ $264.18 Million 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 300456 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Sai MicroElectronics Inc total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 300456 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥5.39 Billion ≈ $788.60 Million	-4.26%
2023-12-31	CN¥5.63 Billion ≈ $823.69 Million	+2.27%
2022-12-31	CN¥5.50 Billion ≈ $805.39 Million	-3.13%
2021-12-31	CN¥5.68 Billion ≈ $831.40 Million	+58.73%
2020-12-31	CN¥3.58 Billion ≈ $523.79 Million	+6.43%
2019-12-31	CN¥3.36 Billion ≈ $492.13 Million	+78.05%
2018-12-31	CN¥1.89 Billion ≈ $276.40 Million	+8.15%
2017-12-31	CN¥1.75 Billion ≈ $255.58 Million	+23.97%
2016-12-31	CN¥1.41 Billion ≈ $206.16 Million	+141.04%
2015-12-31	CN¥584.49 Million ≈ $85.53 Million	+116.95%
2014-12-31	CN¥269.42 Million ≈ $39.42 Million	+22.97%
2013-12-31	CN¥219.09 Million ≈ $32.06 Million	+33.83%
2012-12-31	CN¥163.71 Million ≈ $23.96 Million	+46.14%
2011-12-31	CN¥112.02 Million ≈ $16.39 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
Shanghai Oriental Pearl Media Co Ltd SHG:600637	$4.91 Billion
DEME Group NV BR:DEME	$4.91 Billion
Subsea 7 S.A. F:SOC	$4.91 Billion
Uipath Inc NYSE:PATH	$4.91 Billion
APT Medical Inc SHG:688617	$4.91 Billion
Selective Insurance Group Inc NASDAQ:SIGI	$4.90 Billion
Westports Holdings Bhd KLSE:5246	$4.90 Billion
S N Nuclearele RO:SNN	$4.90 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: 6.81x
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 137.22x to 6.81x 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¥45.82	x
2012-12-31	CN¥0.45	CN¥45.82	x
2013-12-31	CN¥0.60	CN¥45.82	x
2014-12-31	CN¥0.74	CN¥45.82	x
2015-12-31	CN¥1.36	CN¥45.82	x
2016-12-31	CN¥2.74	CN¥45.82	x
2017-12-31	CN¥2.58	CN¥45.82	x
2018-12-31	CN¥3.05	CN¥45.82	x
2019-12-31	CN¥4.38	CN¥45.82	x
2020-12-31	CN¥4.75	CN¥45.82	x
2021-12-31	CN¥7.66	CN¥45.82	x
2022-12-31	CN¥6.82	CN¥45.82	x
2023-12-31	CN¥6.97	CN¥45.82	x
2024-12-31	CN¥6.72	CN¥45.82	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: $2,095,615,821
Average return on equity (ROE) among peers: 6.02%

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	$4.91 Billion
UniTTEC Co Ltd (000925)	$1.22 Billion	2.79%	2.52x	$909.57 Million
Unigroup Guoxin Microelectronics Co Ltd (002049)	$12.39 Billion	9.51%	0.40x	$9.61 Billion
Sinosteel Anhui Tianyuan Technology Co Ltd (002057)	$245.66 Million	4.18%	0.78x	$1.06 Billion
Suzhou Good-Ark Electronics Co Ltd (002079)	$501.66 Million	7.47%	0.41x	$1.39 Billion
Ningbo Kangqiang Electronics Co Ltd (002119)	$629.45 Million	7.50%	0.73x	$1.15 Billion
Tianjin Printronics Circuit Corp (002134)	$710.96 Million	2.48%	0.13x	$913.46 Million
Tatwah Smartech Co Ltd (002512)	$1.65 Billion	6.18%	0.38x	$701.64 Million
Chutian Dragon Co Ltd (003040)	$1.37 Billion	4.56%	0.48x	$998.01 Million
Jiangsu Huasheng Tianlong Photo (300029)	$1.14 Billion	5.99%	0.16x	$81.27 Million
Nations Technologies Inc (300077)	$1.09 Billion	9.56%	0.85x	$1.97 Billion

About Sai MicroElectronics Inc

SHE:300456 China Semiconductors

Market Cap

$4.91 Billion

CN¥33.55 Billion CNY

Market Cap Rank

#3636 Global

#562 in China

Share Price

CN¥45.82

Change (1 day)

+2.07%

52-Week Range

CN¥15.70 - CN¥65.68

All Time High

CN¥65.68