Flaircomm Microelectronics Inc Ordinary Shares - Class A
Flaircomm Microelectronics, Inc. develops and sells wireless communication modules, embedded software, and turnkey system solutions for automotive and M2M applications in China. It offers car networking products, communication protocol stacks, acoustic processing algorithms, T-boxes, etc. Flaircomm Microelectronics, Inc. was founded in 2008 and is based in Fuzhou, China.
Flaircomm Microelectronics Inc Ordinary Shares - Class A (301600) - Net Assets
Latest net assets as of June 2025: CN¥1.22 Billion CNY
Based on the latest financial reports, Flaircomm Microelectronics Inc Ordinary Shares - Class A (301600) has net assets worth CN¥1.22 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.58 Billion) and total liabilities (CN¥360.49 Million). 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¥1.22 Billion |
| % of Total Assets | 77.13% |
| Annual Growth Rate | 78.12% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 55.12 |
Flaircomm Microelectronics Inc Ordinary Shares - Class A - Net Assets Trend (2021–2024)
This chart illustrates how Flaircomm Microelectronics Inc Ordinary Shares - Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Flaircomm Microelectronics Inc Ordinary Shares - Class A (2021–2024)
The table below shows the annual net assets of Flaircomm Microelectronics Inc Ordinary Shares - Class A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.30 Billion | +162.24% |
| 2023-12-31 | CN¥494.68 Million | +34.75% |
| 2022-12-31 | CN¥367.10 Million | +59.97% |
| 2021-12-31 | CN¥229.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flaircomm Microelectronics Inc Ordinary Shares - Class A'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 257.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥514.18 Million | 39.64% |
| Other Components | CN¥783.05 Million | 60.36% |
| Total Equity | CN¥1.30 Billion | 100.00% |
Flaircomm Microelectronics Inc Ordinary Shares - Class A Competitors by Market Cap
The table below lists competitors of Flaircomm Microelectronics Inc Ordinary Shares - Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
i3 Verticals Inc
NASDAQ:IIIV
|
$440.17 Million |
|
Guangzhou Guangri Stock Co Ltd
SHG:600894
|
$440.17 Million |
|
CorMedix Inc
NASDAQ:CRMD
|
$440.19 Million |
|
Guanhao Biotech Co Ltd
SHE:300238
|
$440.30 Million |
|
Greenvolt Energias Renovaveis SA
LS:GVOLT
|
$439.76 Million |
|
Guangzhou Hongli Opto Electron
SHE:300219
|
$439.54 Million |
|
NTG Nordic Transport Group A/S
CO:NTG
|
$439.27 Million |
|
BBMG Corporation
F:9BM
|
$438.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flaircomm Microelectronics Inc Ordinary Shares - Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 494,677,365 to 1,297,226,543, a change of 802,549,178 (162.2%).
- Net income of 175,465,834 contributed positively to equity growth.
- Other factors increased equity by 627,083,344.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥175.47 Million | +13.53% |
| Other Changes | CN¥627.08 Million | +48.34% |
| Total Change | CN¥- | 162.24% |
Book Value vs Market Value Analysis
This analysis compares Flaircomm Microelectronics Inc Ordinary Shares - Class A'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: 8.89x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥0.00 | CN¥110.30 | x |
| 2022-12-31 | CN¥4.68 | CN¥110.30 | x |
| 2023-12-31 | CN¥6.31 | CN¥110.30 | x |
| 2024-12-31 | CN¥12.41 | CN¥110.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flaircomm Microelectronics Inc Ordinary Shares - Class A 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): 13.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.17%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.35x
- Recent ROE (13.53%) is below the historical average (15.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 14.03% | 1.07x | 0.00x | CN¥59.20 Million |
| 2022 | 23.33% | 14.76% | 0.92x | 1.71x | CN¥48.92 Million |
| 2023 | 25.79% | 15.69% | 0.96x | 1.71x | CN¥78.11 Million |
| 2024 | 13.53% | 17.17% | 0.58x | 1.35x | CN¥45.74 Million |
Industry Comparison
This section compares Flaircomm Microelectronics Inc Ordinary Shares - Class A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flaircomm Microelectronics Inc Ordinary Shares - Class A (301600) | CN¥1.22 Billion | 0.00% | 0.30x | $440.13 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |