Hangzhou Silan Microelectronics Co Ltd (600460) - Net Assets

Latest as of March 2026: CN¥13.19 Billion CNY ≈ $1.93 Billion USD

Based on the latest financial reports, Hangzhou Silan Microelectronics Co Ltd (600460) has net assets worth CN¥13.19 Billion CNY (≈ $1.93 Billion 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¥27.99 Billion ≈ $4.10 Billion USD) and total liabilities (CN¥14.80 Billion ≈ $2.17 Billion 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 asset allocation strategy of Hangzhou Silan Microelectronics Co Ltd to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥13.19 Billion
% of Total Assets	47.13%
Annual Growth Rate	21.41%
5-Year Change	80.36%
10-Year Change	314.35%
Growth Volatility	46.23

Hangzhou Silan Microelectronics Co Ltd - Net Assets Trend (2000–2025)

This chart illustrates how Hangzhou Silan Microelectronics Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 600460 stock market capitalisation.

Annual Net Assets for Hangzhou Silan Microelectronics Co Ltd (2000–2025)

The table below shows the annual net assets of Hangzhou Silan Microelectronics Co Ltd from 2000 to 2025. Also explore 600460 net assets growth trend to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥12.82 Billion ≈ $1.88 Billion	-7.25%
2024-12-31	CN¥13.82 Billion ≈ $2.02 Billion	+3.01%
2023-12-31	CN¥13.42 Billion ≈ $1.96 Billion	+66.29%
2022-12-31	CN¥8.07 Billion ≈ $1.18 Billion	+13.53%
2021-12-31	CN¥7.11 Billion ≈ $1.04 Billion	+57.72%
2020-12-31	CN¥4.51 Billion ≈ $659.55 Million	+6.35%
2019-12-31	CN¥4.24 Billion ≈ $620.18 Million	+1.07%
2018-12-31	CN¥4.19 Billion ≈ $613.61 Million	+32.01%
2017-12-31	CN¥3.18 Billion ≈ $464.81 Million	+2.66%
2016-12-31	CN¥3.09 Billion ≈ $452.79 Million	+27.92%
2015-12-31	CN¥2.42 Billion ≈ $353.97 Million	+0.16%
2014-12-31	CN¥2.42 Billion ≈ $353.41 Million	+6.18%
2013-12-31	CN¥2.27 Billion ≈ $332.86 Million	+32.79%
2012-12-31	CN¥1.71 Billion ≈ $250.67 Million	-0.59%
2011-12-31	CN¥1.72 Billion ≈ $252.16 Million	+3.19%
2010-12-31	CN¥1.67 Billion ≈ $244.36 Million	+102.18%
2009-12-31	CN¥825.96 Million ≈ $120.86 Million	+12.61%
2008-12-31	CN¥733.43 Million ≈ $107.32 Million	-23.13%
2007-12-31	CN¥954.18 Million ≈ $139.63 Million	+43.07%
2006-12-31	CN¥666.94 Million ≈ $97.59 Million	+4.58%
2005-12-31	CN¥637.75 Million ≈ $93.32 Million	+11.15%
2004-12-31	CN¥573.75 Million ≈ $83.96 Million	+9.71%
2003-12-31	CN¥522.98 Million ≈ $76.53 Million	+213.97%
2002-12-31	CN¥166.57 Million ≈ $24.37 Million	+20.63%
2001-12-31	CN¥138.09 Million ≈ $20.21 Million	+37.53%
2000-12-31	CN¥100.40 Million ≈ $14.69 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hangzhou Silan Microelectronics 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 16741.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥3.62 Billion	30.21%
Other Components	CN¥8.35 Billion	69.79%
Total Equity	CN¥11.97 Billion	100.00%

Hangzhou Silan Microelectronics Co Ltd Competitors by Market Cap

The table below lists competitors of Hangzhou Silan Microelectronics Co Ltd ranked by their market capitalization.

Company	Market Cap
Full Truck Alliance Co Ltd ADR NYSE:YMM	$7.98 Billion
FactSet Research Systems Inc NYSE:FDS	$7.99 Billion
Pentair plc F:PNT	$7.99 Billion
Dick’s Sporting Goods Inc NYSE:DKS	$7.99 Billion
Core & Main Inc NYSE:CNM	$7.98 Billion
Element Solutions Inc NYSE:ESI	$7.98 Billion
Nippon Life India Asset Management Limited NSE:NAM-INDIA	$7.97 Billion
Everbright Securities Co Ltd SHG:601788	$7.97 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hangzhou Silan Microelectronics Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 12,214,785,178 to 11,968,643,470, a change of -246,141,708 (-2.0%).
Net income of 398,550,840 contributed positively to equity growth.
Dividend payments of 251,915,401 reduced retained earnings.
Other comprehensive income decreased equity by 507,824,406.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥398.55 Million	+3.33%
Dividends Paid	CN¥251.92 Million	-2.1%
Other Comprehensive Income	CN¥-507.82 Million	-4.24%
Other Changes	CN¥115.05 Million	+0.96%
Total Change	CN¥-	-2.02%

Book Value vs Market Value Analysis

This analysis compares Hangzhou Silan Microelectronics 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: 4.56x
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 366.54x to 4.56x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2000-12-31	CN¥0.09	CN¥32.77	x
2001-12-31	CN¥0.12	CN¥32.77	x
2002-12-31	CN¥0.15	CN¥32.77	x
2003-12-31	CN¥0.46	CN¥32.77	x
2004-12-31	CN¥0.50	CN¥32.77	x
2005-12-31	CN¥0.53	CN¥32.77	x
2006-12-31	CN¥0.62	CN¥32.77	x
2007-12-31	CN¥0.84	CN¥32.77	x
2008-12-31	CN¥0.61	CN¥32.77	x
2009-12-31	CN¥0.78	CN¥32.77	x
2010-12-31	CN¥1.55	CN¥32.77	x
2011-12-31	CN¥1.54	CN¥32.77	x
2012-12-31	CN¥1.54	CN¥32.77	x
2013-12-31	CN¥1.96	CN¥32.77	x
2014-12-31	CN¥1.90	CN¥32.77	x
2015-12-31	CN¥1.81	CN¥32.77	x
2016-12-31	CN¥2.07	CN¥32.77	x
2017-12-31	CN¥2.17	CN¥32.77	x
2018-12-31	CN¥2.61	CN¥32.77	x
2019-12-31	CN¥2.58	CN¥32.77	x
2020-12-31	CN¥2.63	CN¥32.77	x
2021-12-31	CN¥4.77	CN¥32.77	x
2022-12-31	CN¥5.21	CN¥32.77	x
2023-12-31	CN¥8.37	CN¥32.77	x
2024-12-31	CN¥7.22	CN¥32.77	x
2025-12-31	CN¥7.19	CN¥32.77	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hangzhou Silan Microelectronics 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): 3.33%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.05%
• Asset Turnover: 0.49x
• Equity Multiplier: 2.24x
Recent ROE (3.33%) is below the historical average (10.64%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	67.96%	36.02%	1.49x	1.27x	CN¥58.16 Million
2001	26.50%	18.99%	0.84x	1.66x	CN¥22.53 Million
2002	26.44%	16.48%	0.67x	2.40x	CN¥27.15 Million
2003	11.77%	16.20%	0.48x	1.51x	CN¥9.09 Million
2004	12.38%	13.79%	0.50x	1.80x	CN¥13.37 Million
2005	9.47%	9.00%	0.52x	2.03x	CN¥-3.16 Million
2006	8.97%	6.66%	0.59x	2.28x	CN¥-6.65 Million
2007	2.30%	2.22%	0.46x	2.27x	CN¥-72.40 Million
2008	1.88%	1.45%	0.53x	2.45x	CN¥-58.43 Million
2009	9.44%	7.98%	0.53x	2.22x	CN¥-4.50 Million
2010	15.43%	16.85%	0.59x	1.55x	CN¥89.99 Million
2011	8.96%	9.91%	0.47x	1.94x	CN¥-17.74 Million
2012	1.08%	1.35%	0.40x	1.97x	CN¥-151.42 Million
2013	5.11%	7.04%	0.40x	1.83x	CN¥-110.48 Million
2014	6.85%	8.79%	0.47x	1.68x	CN¥-75.53 Million
2015	1.66%	2.07%	0.44x	1.81x	CN¥-200.30 Million
2016	3.86%	4.04%	0.47x	2.05x	CN¥-152.79 Million
2017	6.46%	6.18%	0.44x	2.38x	CN¥-93.07 Million
2018	4.97%	5.63%	0.37x	2.37x	CN¥-172.32 Million
2019	0.43%	0.47%	0.35x	2.64x	CN¥-323.37 Million
2020	1.96%	1.58%	0.44x	2.85x	CN¥-277.21 Million
2021	23.68%	21.10%	0.52x	2.15x	CN¥876.68 Million
2022	14.27%	12.71%	0.49x	2.29x	CN¥315.05 Million
2023	-0.30%	-0.38%	0.39x	1.99x	CN¥-1.24 Billion
2024	1.80%	1.96%	0.45x	2.03x	CN¥-1.00 Billion
2025	3.33%	3.05%	0.49x	2.24x	CN¥-798.31 Million

Industry Comparison

This section compares Hangzhou Silan Microelectronics Co Ltd's net assets metrics with peer companies in the Semiconductors industry.

Industry Context

Industry: Semiconductors
Average net assets among peers: $910,680,810
Average return on equity (ROE) among peers: -18.54%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hangzhou Silan Microelectronics Co Ltd (600460)	CN¥13.19 Billion	67.96%	1.12x	$7.98 Billion
UniTTEC Co Ltd (000925)	$1.06 Billion	3.27%	1.90x	$803.67 Million
Unigroup Guoxin Microelectronics Co Ltd (002049)	$3.82 Billion	9.11%	0.50x	$7.56 Billion
Sinosteel Anhui Tianyuan Technology Co Ltd (002057)	$543.84 Million	12.98%	0.26x	$987.34 Million
Suzhou Good-Ark Electronics Co Ltd (002079)	$470.74 Million	3.57%	0.22x	$1.22 Billion
Ningbo Kangqiang Electronics Co Ltd (002119)	$107.85 Million	16.39%	1.89x	$1.36 Billion
Tianjin Printronics Circuit Corp (002134)	$731.51 Million	3.61%	1.05x	$982.51 Million
Tatwah Smartech Co Ltd (002512)	$318.94 Million	-63.28%	6.24x	$645.27 Million
Chutian Dragon Co Ltd (003040)	$1.44 Billion	0.50%	0.36x	$1.11 Billion
Jiangsu Huasheng Tianlong Photo (300029)	$17.90 Million	-178.82%	10.63x	$3.52 Million
Hubei Dinglong Chemical (300054)	$591.60 Million	7.29%	0.13x	$10.14 Billion

About Hangzhou Silan Microelectronics Co Ltd

SHG:600460 China Semiconductors

Market Cap

$7.98 Billion

CN¥54.53 Billion CNY

Market Cap Rank

#2651 Global

#318 in China

Share Price

CN¥32.77

Change (1 day)

+2.44%

52-Week Range

CN¥24.72 - CN¥54.66

All Time High

CN¥69.37