SG Micro Corp (300661) - Net Assets
Based on the latest financial reports, SG Micro Corp (300661) has net assets worth CN¥5.50 Billion CNY (≈ $805.02 Million 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¥7.19 Billion ≈ $1.05 Billion USD) and total liabilities (CN¥1.69 Billion ≈ $246.67 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 SG Micro Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.50 Billion |
| % of Total Assets | 76.55% |
| Annual Growth Rate | 31.04% |
| 5-Year Change | 124.39% |
| 10-Year Change | 1954.1% |
| Growth Volatility | 46.65 |
SG Micro Corp - Net Assets Trend (2012–2025)
This chart illustrates how SG Micro Corp's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of SG Micro Corp to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for SG Micro Corp (2012–2025)
The table below shows the annual net assets of SG Micro Corp from 2012 to 2025. For live valuation and market cap data, see SG Micro Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.40 Billion ≈ $789.50 Million |
+17.31% |
| 2024-12-31 | CN¥4.60 Billion ≈ $673.02 Million |
+19.65% |
| 2023-12-31 | CN¥3.84 Billion ≈ $562.47 Million |
+11.39% |
| 2022-12-31 | CN¥3.45 Billion ≈ $504.94 Million |
+43.51% |
| 2021-12-31 | CN¥2.40 Billion ≈ $351.85 Million |
+60.46% |
| 2020-12-31 | CN¥1.50 Billion ≈ $219.27 Million |
+33.69% |
| 2019-12-31 | CN¥1.12 Billion ≈ $164.01 Million |
+27.88% |
| 2018-12-31 | CN¥876.49 Million ≈ $128.26 Million |
+15.13% |
| 2017-12-31 | CN¥761.30 Million ≈ $111.40 Million |
+189.84% |
| 2016-12-31 | CN¥262.66 Million ≈ $38.44 Million |
+19.34% |
| 2015-12-31 | CN¥220.10 Million ≈ $32.21 Million |
+19.37% |
| 2014-12-31 | CN¥184.39 Million ≈ $26.98 Million |
+10.28% |
| 2013-12-31 | CN¥167.21 Million ≈ $24.47 Million |
+4.05% |
| 2012-12-31 | CN¥160.70 Million ≈ $23.52 Million |
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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 3266.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.88 Billion | 54.32% |
| Common Stock | CN¥620.06 Million | 11.71% |
| Other Comprehensive Income | CN¥760.32 Million | 14.36% |
| Other Components | CN¥1.04 Billion | 19.61% |
| Total Equity | CN¥5.29 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 |
|---|---|
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
$11.95 Billion |
|
KERRY GRP PLC ADR/1EO-12
F:KRZA
|
$11.95 Billion |
|
PRADA S.P.A.UNS.ADR/2 EO1
F:PRP0
|
$11.97 Billion |
|
Lynas Rare Earths Limited
F:LYIC
|
$11.98 Billion |
|
James Hardie Industries PLC ADR
NYSE:JHX
|
$11.95 Billion |
|
Applied Industrial Technologies
NYSE:AIT
|
$11.93 Billion |
|
Bank of Chengdu Co Ltd
SHG:601838
|
$11.93 Billion |
|
Ecopro BM. Co. Ltd
KQ:247540
|
$11.92 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 2024 to 2025, total equity changed from 4,609,226,482 to 5,294,385,006, a change of 685,158,524 (14.9%).
- Net income of 547,059,403 contributed positively to equity growth.
- Dividend payments of 95,061,606 reduced retained earnings.
- Other comprehensive income increased equity by 166,232,140.
- Other factors increased equity by 66,928,587.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥547.06 Million | +10.33% |
| Dividends Paid | CN¥95.06 Million | -1.8% |
| Other Comprehensive Income | CN¥166.23 Million | +3.14% |
| Other Changes | CN¥66.93 Million | +1.26% |
| Total Change | CN¥- | 14.86% |
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: 15.48x
- 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 273.14x to 15.48x 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¥0.48 | CN¥131.55 | x |
| 2013-12-31 | CN¥0.50 | CN¥131.55 | x |
| 2014-12-31 | CN¥0.43 | CN¥131.55 | x |
| 2015-12-31 | CN¥0.51 | CN¥131.55 | x |
| 2016-12-31 | CN¥0.61 | CN¥131.55 | x |
| 2017-12-31 | CN¥1.45 | CN¥131.55 | x |
| 2018-12-31 | CN¥1.48 | CN¥131.55 | x |
| 2019-12-31 | CN¥1.87 | CN¥131.55 | x |
| 2020-12-31 | CN¥2.49 | CN¥131.55 | x |
| 2021-12-31 | CN¥3.97 | CN¥131.55 | x |
| 2022-12-31 | CN¥5.66 | CN¥131.55 | x |
| 2023-12-31 | CN¥6.26 | CN¥131.55 | x |
| 2024-12-31 | CN¥7.49 | CN¥131.55 | x |
| 2025-12-31 | CN¥8.50 | CN¥131.55 | 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): 10.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.06%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.32x
- Recent ROE (10.33%) is below the historical average (21.08%), 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% | 0.56x | 1.26x | CN¥64.49 Million |
| 2020 | 19.32% | 24.13% | 0.63x | 1.26x | 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 |
| 2025 | 10.33% | 14.06% | 0.56x | 1.32x | CN¥17.62 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: $503,191,264
- Average return on equity (ROE) among peers: 15.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SG Micro Corp (300661) | CN¥5.50 Billion | 29.24% | 0.31x | $11.95 Billion |
| UniTTEC Co Ltd (000925) | $92.15 Million | 30.39% | 0.94x | $819.51 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $100.68 Million | 17.06% | 1.00x | $9.95 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $543.84 Million | 12.98% | 0.26x | $1.31 Billion |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $569.85 Million | 12.09% | 0.50x | $1.80 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $648.88 Million | 1.73% | 1.57x | $1.82 Billion |
| Tianjin Printronics Circuit Corp (002134) | $695.35 Million | -2.78% | 0.19x | $1.07 Billion |
| Tatwah Smartech Co Ltd (002512) | $109.40 Million | 34.98% | 1.09x | $661.40 Million |
| Chutian Dragon Co Ltd (003040) | $988.34 Million | 12.83% | 0.52x | $815.14 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $194.03 Million | 30.35% | 0.84x | $81.27 Million |
| Nations Technologies Inc (300077) | $1.09 Billion | 1.03% | 0.88x | $1.98 Billion |
About SG Micro Corp
SG Micro Corp engages in the development, manufacturing and sales of comprehensive analog and mixed-signal integrated-circuit (IC) solutions 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 A… Read more