SG Micro Corp
SG Micro Corp designs, markets, and sells analog integrated circuits in Mainland China, Hong Kong, Taiwan, and internationally. The company offers operational, instrumentation, current-sense, and differential amplifiers, as well as application-specific and comparators; digital-to-analog and analog-to-digital converters, and AFE; series voltage and shunt voltage references; audio amplifiers, click… Read more
SG Micro Corp (300661) - Net Assets
Latest net assets as of September 2025: CN¥4.94 Billion CNY
Based on the latest financial reports, SG Micro Corp (300661) has net assets worth CN¥4.94 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¥6.36 Billion) and total liabilities (CN¥1.43 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¥4.94 Billion |
| % of Total Assets | 77.59% |
| Annual Growth Rate | 32.25% |
| 5-Year Change | 206.94% |
| 10-Year Change | 1989.62% |
| Growth Volatility | 48.22 |
SG Micro Corp - Net Assets Trend (2012–2024)
This chart illustrates how SG Micro Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SG Micro Corp (2012–2024)
The table below shows the annual net assets of SG Micro Corp from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.60 Billion | +19.65% |
| 2023-12-31 | CN¥3.84 Billion | +11.39% |
| 2022-12-31 | CN¥3.45 Billion | +43.51% |
| 2021-12-31 | CN¥2.40 Billion | +60.46% |
| 2020-12-31 | CN¥1.50 Billion | +33.69% |
| 2019-12-31 | CN¥1.12 Billion | +27.88% |
| 2018-12-31 | CN¥876.49 Million | +15.13% |
| 2017-12-31 | CN¥761.30 Million | +189.84% |
| 2016-12-31 | CN¥262.66 Million | +19.34% |
| 2015-12-31 | CN¥220.10 Million | +19.37% |
| 2014-12-31 | CN¥184.39 Million | +10.28% |
| 2013-12-31 | CN¥167.21 Million | +4.05% |
| 2012-12-31 | CN¥160.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SG Micro Corp'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 2801.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.48 Billion | 53.77% |
| Common Stock | CN¥473.45 Million | 10.27% |
| Other Comprehensive Income | CN¥594.08 Million | 12.89% |
| Other Components | CN¥1.06 Billion | 23.07% |
| Total Equity | CN¥4.61 Billion | 100.00% |
SG Micro Corp Competitors by Market Cap
The table below lists competitors of SG Micro Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenghe Resources Holding Co Ltd
SHG:600392
|
$4.00 Billion |
|
St Galler Kantonalbank AG
SW:SGKN
|
$4.00 Billion |
|
Wangsu Science Tech
SHE:300017
|
$4.01 Billion |
|
Haidilao International Holding Ltd
PINK:HDALF
|
$4.01 Billion |
|
IES Holdings Inc
NASDAQ:IESC
|
$4.00 Billion |
|
Sino Biopharmaceutical Limited
PINK:SBMFF
|
$4.00 Billion |
|
Polycab India Limited
NSE:POLYCAB
|
$4.00 Billion |
|
Japan Metropolitan Fund Investment Corporation
OTCGREY:JRFIF
|
$3.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SG Micro Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,850,547,539 to 4,609,226,482, a change of 758,678,943 (19.7%).
- Net income of 500,247,945 contributed positively to equity growth.
- Dividend payments of 47,072,709 reduced retained earnings.
- Other comprehensive income increased equity by 594,082,888.
- Other factors decreased equity by 288,579,181.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥500.25 Million | +10.85% |
| Dividends Paid | CN¥47.07 Million | -1.02% |
| Other Comprehensive Income | CN¥594.08 Million | +12.89% |
| Other Changes | CN¥-288.58 Million | -6.26% |
| Total Change | CN¥- | 19.70% |
Book Value vs Market Value Analysis
This analysis compares SG Micro Corp'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: 7.60x
- 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 78.80x to 7.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.94 | CN¥74.00 | x |
| 2013-12-31 | CN¥0.98 | CN¥74.00 | x |
| 2014-12-31 | CN¥1.08 | CN¥74.00 | x |
| 2015-12-31 | CN¥1.29 | CN¥74.00 | x |
| 2016-12-31 | CN¥0.79 | CN¥74.00 | x |
| 2017-12-31 | CN¥2.44 | CN¥74.00 | x |
| 2018-12-31 | CN¥1.92 | CN¥74.00 | x |
| 2019-12-31 | CN¥2.43 | CN¥74.00 | x |
| 2020-12-31 | CN¥3.27 | CN¥74.00 | x |
| 2021-12-31 | CN¥5.14 | CN¥74.00 | x |
| 2022-12-31 | CN¥7.35 | CN¥74.00 | x |
| 2023-12-31 | CN¥8.13 | CN¥74.00 | x |
| 2024-12-31 | CN¥9.74 | CN¥74.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SG Micro Corp 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): 10.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.95%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.25x
- Recent ROE (10.85%) is below the historical average (21.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 29.24% | 20.73% | 1.09x | 1.29x | CN¥30.91 Million |
| 2013 | 28.75% | 19.29% | 1.13x | 1.32x | CN¥31.35 Million |
| 2014 | 32.49% | 18.38% | 1.17x | 1.51x | CN¥41.46 Million |
| 2015 | 31.97% | 17.84% | 1.20x | 1.49x | CN¥48.35 Million |
| 2016 | 30.72% | 17.85% | 1.15x | 1.49x | CN¥54.43 Million |
| 2017 | 12.33% | 17.66% | 0.56x | 1.24x | CN¥17.74 Million |
| 2018 | 11.83% | 18.12% | 0.54x | 1.21x | CN¥16.05 Million |
| 2019 | 15.78% | 22.21% | 0.57x | 1.25x | CN¥64.49 Million |
| 2020 | 19.32% | 24.13% | 0.64x | 1.25x | CN¥139.32 Million |
| 2021 | 29.07% | 31.25% | 0.73x | 1.27x | CN¥458.81 Million |
| 2022 | 25.20% | 27.41% | 0.73x | 1.25x | CN¥527.03 Million |
| 2023 | 7.29% | 10.73% | 0.56x | 1.22x | CN¥-104.29 Million |
| 2024 | 10.85% | 14.95% | 0.58x | 1.25x | CN¥39.33 Million |
Industry Comparison
This section compares SG Micro Corp'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 |
|---|---|---|---|---|
| SG Micro Corp (300661) | CN¥4.94 Billion | 29.24% | 0.29x | $4.00 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 |