SIGMASTAR TECH LTD
SigmaStar Technology Ltd. engages in the design, development, and sale of edge AI system on a chip (SoC) in China. It offers security products; NVR/XVR SoC, security and civil security fields; smart home products, such as building intercom, smart door locks, video doorbell, etc.; smart office products, including voice over internet protocol phones, and video conferencing; industrial HMI and gatew… Read more
SIGMASTAR TECH LTD (301536) - Net Assets
Latest net assets as of September 2025: CN¥3.12 Billion CNY
Based on the latest financial reports, SIGMASTAR TECH LTD (301536) has net assets worth CN¥3.12 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¥4.66 Billion) and total liabilities (CN¥1.53 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¥3.12 Billion |
| % of Total Assets | 67.07% |
| Annual Growth Rate | 44.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 51.69 |
SIGMASTAR TECH LTD - Net Assets Trend (2020–2024)
This chart illustrates how SIGMASTAR TECH LTD's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SIGMASTAR TECH LTD (2020–2024)
The table below shows the annual net assets of SIGMASTAR TECH LTD from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.97 Billion | +42.04% |
| 2023-12-31 | CN¥2.09 Billion | +11.99% |
| 2022-12-31 | CN¥1.87 Billion | +14.06% |
| 2021-12-31 | CN¥1.64 Billion | +138.88% |
| 2020-12-31 | CN¥684.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SIGMASTAR TECH 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 340.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.11 Billion | 37.53% |
| Common Stock | CN¥421.06 Million | 14.18% |
| Other Components | CN¥1.43 Billion | 48.28% |
| Total Equity | CN¥2.97 Billion | 100.00% |
SIGMASTAR TECH LTD Competitors by Market Cap
The table below lists competitors of SIGMASTAR TECH LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sime Darby Bhd
KLSE:4197
|
$1.98 Billion |
|
Avadel Pharmaceuticals PLC
NASDAQ:AVDL
|
$1.98 Billion |
|
Siriuspoint Ltd
NYSE:SPNT
|
$1.98 Billion |
|
Gold Road Resources Limited
PINK:ELKMF
|
$1.98 Billion |
|
Mobimo Holding AG
LSE:0QQY
|
$1.98 Billion |
|
Pou Chen Corp
TW:9904
|
$1.98 Billion |
|
NEWMARK GRP CL.A DL-01
F:NMB
|
$1.98 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
$1.98 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SIGMASTAR TECH LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,089,826,864 to 2,968,420,664, a change of 878,593,800 (42.0%).
- Net income of 256,259,877 contributed positively to equity growth.
- Dividend payments of 60,593,311 reduced retained earnings.
- Other factors increased equity by 682,927,234.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥256.26 Million | +8.63% |
| Dividends Paid | CN¥60.59 Million | -2.04% |
| Other Changes | CN¥682.93 Million | +23.01% |
| Total Change | CN¥- | 42.04% |
Book Value vs Market Value Analysis
This analysis compares SIGMASTAR TECH 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: 10.86x
- 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 48.58x to 10.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥1.60 | CN¥77.96 | x |
| 2021-12-31 | CN¥4.39 | CN¥77.96 | x |
| 2022-12-31 | CN¥4.89 | CN¥77.96 | x |
| 2023-12-31 | CN¥5.51 | CN¥77.96 | x |
| 2024-12-31 | CN¥7.18 | CN¥77.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SIGMASTAR TECH 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): 8.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.89%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.45x
- Recent ROE (8.63%) is below the historical average (25.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 32.11% | 18.21% | 1.16x | 1.52x | CN¥149.44 Million |
| 2021 | 46.51% | 28.21% | 1.14x | 1.45x | CN¥591.63 Million |
| 2022 | 30.46% | 23.96% | 0.97x | 1.31x | CN¥379.03 Million |
| 2023 | 9.80% | 10.13% | 0.59x | 1.65x | CN¥-4.27 Million |
| 2024 | 8.63% | 10.89% | 0.55x | 1.45x | CN¥-40.58 Million |
Industry Comparison
This section compares SIGMASTAR TECH LTD'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 |
|---|---|---|---|---|
| SIGMASTAR TECH LTD (301536) | CN¥3.12 Billion | 32.11% | 0.49x | $1.98 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 |