Shanghai Fortune Techgroup Co Ltd (300493) - Net Assets
Based on the latest financial reports, Shanghai Fortune Techgroup Co Ltd (300493) has net assets worth CN¥1.14 Billion CNY (≈ $166.45 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.96 Billion ≈ $286.61 Million USD) and total liabilities (CN¥821.15 Million ≈ $120.16 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 Shanghai Fortune Techgroup Co Ltd (300493) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.14 Billion |
| % of Total Assets | 58.07% |
| Annual Growth Rate | 15.2% |
| 5-Year Change | 46.34% |
| 10-Year Change | 141.72% |
| Growth Volatility | 21.57 |
Shanghai Fortune Techgroup Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shanghai Fortune Techgroup Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shanghai Fortune Techgroup Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shanghai Fortune Techgroup Co Ltd (2011–2024)
The table below shows the annual net assets of Shanghai Fortune Techgroup Co Ltd from 2011 to 2024. For live valuation and market cap data, see Shanghai Fortune Techgroup Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.10 Billion ≈ $161.34 Million |
+3.47% |
| 2023-12-31 | CN¥1.07 Billion ≈ $155.93 Million |
+4.03% |
| 2022-12-31 | CN¥1.02 Billion ≈ $149.90 Million |
+27.96% |
| 2021-12-31 | CN¥800.53 Million ≈ $117.14 Million |
+6.25% |
| 2020-12-31 | CN¥753.44 Million ≈ $110.25 Million |
+0.88% |
| 2019-12-31 | CN¥746.90 Million ≈ $109.29 Million |
+2.13% |
| 2018-12-31 | CN¥731.32 Million ≈ $107.01 Million |
+45.58% |
| 2017-12-31 | CN¥502.35 Million ≈ $73.51 Million |
+5.12% |
| 2016-12-31 | CN¥477.90 Million ≈ $69.93 Million |
+4.77% |
| 2015-12-31 | CN¥456.13 Million ≈ $66.75 Million |
+77.46% |
| 2014-12-31 | CN¥257.04 Million ≈ $37.61 Million |
+7.71% |
| 2013-12-31 | CN¥238.65 Million ≈ $34.92 Million |
+8.92% |
| 2012-12-31 | CN¥219.11 Million ≈ $32.06 Million |
+25.14% |
| 2011-12-31 | CN¥175.09 Million ≈ $25.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Fortune Techgroup 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 542.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥272.38 Million | 24.81% |
| Other Components | CN¥825.28 Million | 75.19% |
| Total Equity | CN¥1.10 Billion | 100.00% |
Shanghai Fortune Techgroup Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Fortune Techgroup Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Changzhou Qianhong Biopharma Co Ltd
SHE:002550
|
$1.10 Billion |
|
SFL Corporation Ltd
NYSE:SFL
|
$1.10 Billion |
|
Shandong Intco Recycling Resources Co Ltd
SHG:688087
|
$1.10 Billion |
|
Jiangsu Seagull Cooling Tower
SHG:603269
|
$1.10 Billion |
|
Shen Ma Industry Co Ltd
SHG:600810
|
$1.09 Billion |
|
Mercialys SA
PA:MERY
|
$1.09 Billion |
|
Old Second Bancorp Inc
NASDAQ:OSBC
|
$1.09 Billion |
|
Plejd AB (publ)
F:3CA
|
$1.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Fortune Techgroup Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,059,971,859 to 1,097,653,790, a change of 37,681,931 (3.6%).
- Net income of 36,369,778 contributed positively to equity growth.
- Dividend payments of 26,418,056 reduced retained earnings.
- Other factors increased equity by 27,730,208.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥36.37 Million | +3.31% |
| Dividends Paid | CN¥26.42 Million | -2.41% |
| Other Changes | CN¥27.73 Million | +2.53% |
| Total Change | CN¥- | 3.55% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Fortune Techgroup 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: 6.82x
- 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 13.15x to 6.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.11 | CN¥14.60 | x |
| 2018-12-31 | CN¥1.53 | CN¥14.60 | x |
| 2019-12-31 | CN¥1.56 | CN¥14.60 | x |
| 2020-12-31 | CN¥1.57 | CN¥14.60 | x |
| 2021-12-31 | CN¥1.63 | CN¥14.60 | x |
| 2022-12-31 | CN¥2.02 | CN¥14.60 | x |
| 2023-12-31 | CN¥2.10 | CN¥14.60 | x |
| 2024-12-31 | CN¥2.14 | CN¥14.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Fortune Techgroup 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): 3.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.40%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 1.70x
- Recent ROE (3.31%) is below the historical average (6.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 9.07% | 3.60% | 1.76x | 1.43x | CN¥-4.21 Million |
| 2016 | 10.37% | 3.20% | 1.55x | 2.09x | CN¥1.74 Million |
| 2017 | 10.89% | 2.97% | 1.68x | 2.18x | CN¥4.45 Million |
| 2018 | 2.17% | 0.93% | 1.40x | 1.66x | CN¥-57.04 Million |
| 2019 | 3.95% | 2.02% | 1.49x | 1.31x | CN¥-45.01 Million |
| 2020 | 6.01% | 3.25% | 1.27x | 1.45x | CN¥-29.95 Million |
| 2021 | 7.35% | 3.14% | 1.46x | 1.61x | CN¥-21.04 Million |
| 2022 | 5.31% | 2.57% | 1.32x | 1.56x | CN¥-47.89 Million |
| 2023 | 3.36% | 1.65% | 1.33x | 1.54x | CN¥-70.37 Million |
| 2024 | 3.31% | 1.40% | 1.39x | 1.70x | CN¥-73.40 Million |
Industry Comparison
This section compares Shanghai Fortune Techgroup Co Ltd'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 |
|---|---|---|---|---|
| Shanghai Fortune Techgroup Co Ltd (300493) | CN¥1.14 Billion | 9.07% | 0.72x | $1.09 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 Shanghai Fortune Techgroup Co Ltd
Shanghai Fortune Techgroup Co., Ltd. provides semiconductor products and solutions in China. The company also distribution, application design and technological innovation of wireless communication, radio frequency and power amplifier type of components, sensors and others, as well as module for NBIoT (5G) usage. It provides various solutions for smart home, smart cities, surveillance, and finger… Read more