Sai MicroElectronics Inc (300456) - Net Assets

Latest as of March 2026: CN¥6.90 Billion CNY ≈ $1.01 Billion USD

Based on the latest financial reports, Sai MicroElectronics Inc (300456) has net assets worth CN¥6.90 Billion CNY (≈ $1.01 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.77 Billion ≈ $1.28 Billion USD) and total liabilities (CN¥1.87 Billion ≈ $273.53 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 tangible net worth ratio of Sai MicroElectronics Inc to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥6.90 Billion
% of Total Assets	78.68%
Annual Growth Rate	34.55%
5-Year Change	25.66%
10-Year Change	406.75%
Growth Volatility	43.09

Sai MicroElectronics Inc - Net Assets Trend (2011–2025)

This chart illustrates how Sai MicroElectronics Inc's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Sai MicroElectronics Inc to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Sai MicroElectronics Inc (2011–2025)

The table below shows the annual net assets of Sai MicroElectronics Inc from 2011 to 2025. For live valuation and market cap data, see 300456 market cap overview.

Year	Net Assets	Change
2025-12-31	CN¥7.14 Billion ≈ $1.04 Billion	+32.48%
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	+58.80%
2020-12-31	CN¥3.58 Billion ≈ $523.55 Million	+6.38%
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 5564.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.70 Billion	25.31%
Common Stock	CN¥732.21 Million	10.87%
Other Comprehensive Income	CN¥117.56 Million	1.75%
Other Components	CN¥4.18 Billion	62.08%
Total Equity	CN¥6.73 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
Liontown Resources Ltd AU:LTR	$4.59 Billion
Axiata Group Bhd KLSE:6888	$4.59 Billion
Optics Technology Holding Co Ltd SHE:300489	$4.59 Billion
Main Street Capital Corporation NYSE:MAIN	$4.59 Billion
StarPower Semiconductor Ltd SHG:603290	$4.59 Billion
LG Display KO:034220	$4.58 Billion
Housing & Urban Development Corporation Limited NSE:HUDCO	$4.58 Billion
Sichuan Changhong Electric Co Ltd SHG:600839	$4.58 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 2024 to 2025, total equity changed from 4,923,596,975 to 6,734,386,456, a change of 1,810,789,481 (36.8%).
Net income of 1,473,454,069 contributed positively to equity growth.
Dividend payments of 28,925,696 reduced retained earnings.
Other comprehensive income increased equity by 203,935,107.
Other factors increased equity by 162,326,001.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.47 Billion	+21.88%
Dividends Paid	CN¥28.93 Million	-0.43%
Other Comprehensive Income	CN¥203.94 Million	+3.03%
Other Changes	CN¥162.33 Million	+2.41%
Total Change	CN¥-	36.78%

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: 4.66x
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 128.23x to 4.66x 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¥42.82	x
2012-12-31	CN¥0.45	CN¥42.82	x
2013-12-31	CN¥0.60	CN¥42.82	x
2014-12-31	CN¥0.74	CN¥42.82	x
2015-12-31	CN¥1.36	CN¥42.82	x
2016-12-31	CN¥2.74	CN¥42.82	x
2017-12-31	CN¥2.58	CN¥42.82	x
2018-12-31	CN¥3.05	CN¥42.82	x
2019-12-31	CN¥4.38	CN¥42.82	x
2020-12-31	CN¥4.75	CN¥42.82	x
2021-12-31	CN¥7.66	CN¥42.82	x
2022-12-31	CN¥6.82	CN¥42.82	x
2023-12-31	CN¥6.97	CN¥42.82	x
2024-12-31	CN¥6.72	CN¥42.82	x
2025-12-31	CN¥9.20	CN¥42.82	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): 21.88%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 178.87%
• Asset Turnover: 0.09x
• Equity Multiplier: 1.33x
Recent ROE (21.88%) is above the historical average (11.68%), indicating improving 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	6.53%	26.29%	0.16x	1.60x	CN¥-107.02 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
2025	21.88%	178.87%	0.09x	1.33x	CN¥800.02 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: $758,137,872
Average return on equity (ROE) among peers: 7.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sai MicroElectronics Inc (300456)	CN¥6.90 Billion	42.03%	0.27x	$4.59 Billion
UniTTEC Co Ltd (000925)	$3.09 Billion	1.86%	1.43x	$807.63 Million
Unigroup Guoxin Microelectronics Co Ltd (002049)	$87.45 Million	17.73%	0.92x	$9.99 Billion
Sinosteel Anhui Tianyuan Technology Co Ltd (002057)	$238.46 Million	1.47%	0.52x	$1.34 Billion
Suzhou Good-Ark Electronics Co Ltd (002079)	$150.59 Million	29.58%	0.75x	$1.83 Billion
Ningbo Kangqiang Electronics Co Ltd (002119)	$552.98 Million	1.15%	0.72x	$1.90 Billion
Tianjin Printronics Circuit Corp (002134)	$609.67 Million	-14.49%	0.33x	$1.09 Billion
Tatwah Smartech Co Ltd (002512)	$318.94 Million	-63.28%	6.24x	$640.43 Million
Chutian Dragon Co Ltd (003040)	$916.47 Million	6.34%	0.58x	$791.53 Million
Jiangsu Huasheng Tianlong Photo (300029)	$63.06 Million	81.02%	3.66x	$5.87 Million
Nations Technologies Inc (300077)	$1.55 Billion	14.11%	0.72x	$1.99 Billion

About Sai MicroElectronics Inc

SHE:300456 China Semiconductors

Market Cap

$4.59 Billion

CN¥31.35 Billion CNY

Market Cap Rank

#3826 Global

#589 in China

Share Price

CN¥42.82

Change (1 day)

+0.33%

52-Week Range

CN¥15.76 - CN¥65.68

All Time High

CN¥65.68