Xian LONGi Silicon Materials Corp (601012) - Net Assets
Based on the latest financial reports, Xian LONGi Silicon Materials Corp (601012) has net assets worth CN¥57.38 Billion CNY (≈ $8.40 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥153.97 Billion ≈ $22.53 Billion USD) and total liabilities (CN¥96.59 Billion ≈ $14.13 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 Xian LONGi Silicon Materials Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥57.38 Billion |
| % of Total Assets | 37.27% |
| Annual Growth Rate | 40.71% |
| 5-Year Change | 72.48% |
| 10-Year Change | 986.02% |
| Growth Volatility | 37.72 |
Xian LONGi Silicon Materials Corp - Net Assets Trend (2007–2024)
This chart illustrates how Xian LONGi Silicon Materials Corp's net assets have evolved over time, based on quarterly financial data. Also explore 601012 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Xian LONGi Silicon Materials Corp (2007–2024)
The table below shows the annual net assets of Xian LONGi Silicon Materials Corp from 2007 to 2024. For live valuation and market cap data, see how much is Xian LONGi Silicon Materials Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥61.40 Billion ≈ $8.98 Billion |
-13.17% |
| 2023-12-31 | CN¥70.71 Billion ≈ $10.35 Billion |
+13.59% |
| 2022-12-31 | CN¥62.25 Billion ≈ $9.11 Billion |
+30.82% |
| 2021-12-31 | CN¥47.59 Billion ≈ $6.96 Billion |
+33.68% |
| 2020-12-31 | CN¥35.60 Billion ≈ $5.21 Billion |
+25.81% |
| 2019-12-31 | CN¥28.29 Billion ≈ $4.14 Billion |
+68.17% |
| 2018-12-31 | CN¥16.82 Billion ≈ $2.46 Billion |
+18.12% |
| 2017-12-31 | CN¥14.24 Billion ≈ $2.08 Billion |
+41.12% |
| 2016-12-31 | CN¥10.09 Billion ≈ $1.48 Billion |
+78.53% |
| 2015-12-31 | CN¥5.65 Billion ≈ $827.32 Million |
+73.29% |
| 2014-12-31 | CN¥3.26 Billion ≈ $477.41 Million |
+9.03% |
| 2013-12-31 | CN¥2.99 Billion ≈ $437.89 Million |
+2.50% |
| 2012-12-31 | CN¥2.92 Billion ≈ $427.22 Million |
+95.33% |
| 2011-12-31 | CN¥1.49 Billion ≈ $218.71 Million |
+24.15% |
| 2010-12-31 | CN¥1.20 Billion ≈ $176.17 Million |
+93.93% |
| 2009-12-31 | CN¥620.81 Million ≈ $90.84 Million |
+45.31% |
| 2008-12-31 | CN¥427.24 Million ≈ $62.52 Million |
+131.39% |
| 2007-12-31 | CN¥184.64 Million ≈ $27.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xian LONGi Silicon Materials 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 35309.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥36.05 Billion | 59.21% |
| Common Stock | CN¥7.58 Billion | 12.44% |
| Other Components | CN¥17.26 Billion | 28.35% |
| Total Equity | CN¥60.90 Billion | 100.00% |
Xian LONGi Silicon Materials Corp Competitors by Market Cap
The table below lists competitors of Xian LONGi Silicon Materials Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tower Semiconductor Ltd
TA:TSEM
|
$18.28 Billion |
|
EDP - Energias de Portugal S.A.
LS:EDP
|
$18.30 Billion |
|
Banco de Chile
F:G4RA
|
$18.31 Billion |
|
Korea Electric Power Corporation
F:KOP
|
$18.31 Billion |
|
SGS SA
SW:SGSN
|
$18.21 Billion |
|
INTERCONT HOTELS
F:IC1B
|
$18.21 Billion |
|
Broadridge Financial Solutions Inc
NYSE:BR
|
$18.21 Billion |
|
BANCO BRANDESCO SP.ADR 1
F:BREA
|
$18.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xian LONGi Silicon Materials Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 70,492,311,266 to 60,895,314,000, a change of -9,596,997,266 (-13.6%).
- Net loss of 8,617,528,000 reduced equity.
- Dividend payments of 1,287,310,000 reduced retained earnings.
- Share repurchases of 302,919,000 reduced equity.
- Other factors increased equity by 610,759,734.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-8.62 Billion | -14.15% |
| Dividends Paid | CN¥1.29 Billion | -2.11% |
| Share Repurchases | CN¥302.92 Million | -0.5% |
| Other Changes | CN¥610.76 Million | +1.0% |
| Total Change | CN¥- | -13.61% |
Book Value vs Market Value Analysis
This analysis compares Xian LONGi Silicon Materials 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: 2.04x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 336.84x to 2.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.05 | CN¥16.46 | x |
| 2008-12-31 | CN¥0.12 | CN¥16.46 | x |
| 2009-12-31 | CN¥0.15 | CN¥16.46 | x |
| 2010-12-31 | CN¥0.30 | CN¥16.46 | x |
| 2011-12-31 | CN¥0.36 | CN¥16.46 | x |
| 2012-12-31 | CN¥0.57 | CN¥16.46 | x |
| 2013-12-31 | CN¥0.53 | CN¥16.46 | x |
| 2014-12-31 | CN¥0.58 | CN¥16.46 | x |
| 2015-12-31 | CN¥0.99 | CN¥16.46 | x |
| 2016-12-31 | CN¥1.63 | CN¥16.46 | x |
| 2017-12-31 | CN¥2.12 | CN¥16.46 | x |
| 2018-12-31 | CN¥2.46 | CN¥16.46 | x |
| 2019-12-31 | CN¥3.74 | CN¥16.46 | x |
| 2020-12-31 | CN¥4.72 | CN¥16.46 | x |
| 2021-12-31 | CN¥6.32 | CN¥16.46 | x |
| 2022-12-31 | CN¥8.18 | CN¥16.46 | x |
| 2023-12-31 | CN¥9.31 | CN¥16.46 | x |
| 2024-12-31 | CN¥8.06 | CN¥16.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xian LONGi Silicon Materials 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): -14.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.44%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.51x
- Recent ROE (-14.15%) is below the historical average (16.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 42.45% | 33.80% | 0.95x | 1.32x | CN¥57.53 Million |
| 2008 | 24.05% | 16.36% | 0.71x | 2.07x | CN¥58.97 Million |
| 2009 | 17.47% | 13.35% | 0.58x | 2.27x | CN¥43.66 Million |
| 2010 | 37.27% | 26.63% | 0.77x | 1.82x | CN¥321.93 Million |
| 2011 | 19.35% | 14.08% | 0.64x | 2.16x | CN¥137.26 Million |
| 2012 | -1.89% | -3.20% | 0.36x | 1.64x | CN¥-343.84 Million |
| 2013 | 2.39% | 3.11% | 0.49x | 1.58x | CN¥-225.33 Million |
| 2014 | 9.12% | 7.98% | 0.57x | 2.00x | CN¥-28.28 Million |
| 2015 | 9.24% | 8.75% | 0.58x | 1.81x | CN¥-43.10 Million |
| 2016 | 15.33% | 13.42% | 0.60x | 1.90x | CN¥537.98 Million |
| 2017 | 25.11% | 21.79% | 0.50x | 2.32x | CN¥2.14 Billion |
| 2018 | 15.55% | 11.63% | 0.55x | 2.41x | CN¥912.81 Million |
| 2019 | 19.11% | 16.05% | 0.55x | 2.15x | CN¥2.52 Billion |
| 2020 | 24.36% | 15.67% | 0.62x | 2.50x | CN¥5.04 Billion |
| 2021 | 19.15% | 11.27% | 0.82x | 2.06x | CN¥4.34 Billion |
| 2022 | 23.83% | 11.48% | 0.92x | 2.25x | CN¥8.60 Billion |
| 2023 | 15.25% | 8.30% | 0.79x | 2.33x | CN¥3.70 Billion |
| 2024 | -14.15% | -10.44% | 0.54x | 2.51x | CN¥-14.71 Billion |
Industry Comparison
This section compares Xian LONGi Silicon Materials Corp's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $4,905,846,523
- Average return on equity (ROE) among peers: 10.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xian LONGi Silicon Materials Corp (601012) | CN¥57.38 Billion | 42.45% | 1.68x | $18.25 Billion |
| TCL Corp (000100) | $9.65 Billion | 2.54% | 2.19x | $13.00 Billion |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $3.63 Billion | 1.97% | 1.94x | $5.12 Billion |
| TongFu Microelectronics Co Ltd (002156) | $11.02 Billion | 8.68% | 1.46x | $11.50 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $17.96 Billion | 7.88% | 0.67x | $6.27 Billion |
| NAURA Technology Group Co Ltd (002371) | $186.51 Million | 17.25% | 1.53x | $56.96 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $222.95 Million | 32.12% | 0.67x | $5.90 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $162.05 Million | 19.79% | 1.26x | $437.78 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $861.69 Million | 3.97% | 0.63x | $948.18 Million |
| Hubei Tech Semiconductors Co (300046) | $792.07 Million | 4.87% | 0.33x | $1.12 Billion |
| Shanghai Sinyang Semiconductor (300236) | $4.57 Billion | 3.85% | 0.28x | $4.35 Billion |
About Xian LONGi Silicon Materials Corp
LONGi Green Energy Technology Co., Ltd. manufactures and sells photovoltaic products in China, Europe, the Asia Pacific, and the United States. The company offers tera silicon wafer, p-type silicon wafer, n-type silicon wafer; Hi-MO X10, Hi-MO 9, Hi-MO 7, Hi-MO X6 Max, Hi-MO X6, Hi-MO 5m, and Hi-MO 5; LONGi Hi ROOF S, Longji Longding 5, and Longji Longjin 3; and hydrogen product equipment, such a… Read more