StarPower Semiconductor Ltd (603290) - Net Assets
Based on the latest financial reports, StarPower Semiconductor Ltd (603290) has net assets worth CN¥7.01 Billion CNY (≈ $1.03 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¥10.61 Billion ≈ $1.55 Billion USD) and total liabilities (CN¥3.60 Billion ≈ $526.70 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 603290 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.01 Billion |
| % of Total Assets | 66.06% |
| Annual Growth Rate | 42.98% |
| 5-Year Change | 483.02% |
| 10-Year Change | N/A |
| Growth Volatility | 100.17 |
StarPower Semiconductor Ltd - Net Assets Trend (2015–2024)
This chart illustrates how StarPower Semiconductor Ltd's net assets have evolved over time, based on quarterly financial data. Also explore StarPower Semiconductor Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for StarPower Semiconductor Ltd (2015–2024)
The table below shows the annual net assets of StarPower Semiconductor Ltd from 2015 to 2024. For live valuation and market cap data, see how much is StarPower Semiconductor Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.74 Billion ≈ $986.81 Million |
+3.83% |
| 2023-12-31 | CN¥6.49 Billion ≈ $950.39 Million |
+13.13% |
| 2022-12-31 | CN¥5.74 Billion ≈ $840.11 Million |
+14.90% |
| 2021-12-31 | CN¥5.00 Billion ≈ $731.19 Million |
+331.99% |
| 2020-12-31 | CN¥1.16 Billion ≈ $169.26 Million |
+107.90% |
| 2019-12-31 | CN¥556.35 Million ≈ $81.41 Million |
+29.26% |
| 2018-12-31 | CN¥430.42 Million ≈ $62.98 Million |
+26.71% |
| 2017-12-31 | CN¥339.69 Million ≈ $49.71 Million |
+18.17% |
| 2016-12-31 | CN¥287.46 Million ≈ $42.06 Million |
+6.56% |
| 2015-12-31 | CN¥269.76 Million ≈ $39.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to StarPower Semiconductor 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 2372.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.38 Billion | 35.59% |
| Common Stock | CN¥239.47 Million | 3.58% |
| Other Comprehensive Income | CN¥115.95 Million | 1.74% |
| Other Components | CN¥3.95 Billion | 59.09% |
| Total Equity | CN¥6.68 Billion | 100.00% |
StarPower Semiconductor Ltd Competitors by Market Cap
The table below lists competitors of StarPower Semiconductor Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jointown Pharmaceutical Group Co Ltd
SHG:600998
|
$3.73 Billion |
|
Banco del Bajío S.A. Institución de Banca Múltiple
MX:BBAJIOO
|
$3.73 Billion |
|
JB Chemicals & Pharmaceuticals Limited
NSE:JBCHEPHARM
|
$3.73 Billion |
|
Sichuan Hebang Biotechnology Co Ltd
SHG:603077
|
$3.73 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
$3.72 Billion |
|
Fielmann Aktiengesellschaft
XETRA:FIE
|
$3.72 Billion |
|
Pacific Securities Co Ltd
SHG:601099
|
$3.72 Billion |
|
Jiangsu Aucksun Co Ltd
SHE:002245
|
$3.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in StarPower Semiconductor Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,435,365,819 to 6,681,947,061, a change of 246,581,242 (3.8%).
- Net income of 507,666,291 contributed positively to equity growth.
- Dividend payments of 333,498,083 reduced retained earnings.
- Other comprehensive income increased equity by 115,950,507.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥507.67 Million | +7.6% |
| Dividends Paid | CN¥333.50 Million | -4.99% |
| Other Comprehensive Income | CN¥115.95 Million | +1.74% |
| Other Changes | CN¥-43.54 Million | -0.65% |
| Total Change | CN¥- | 3.83% |
Book Value vs Market Value Analysis
This analysis compares StarPower Semiconductor 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: 3.81x
- 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 46.18x to 3.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥2.30 | CN¥106.26 | x |
| 2016-12-31 | CN¥2.43 | CN¥106.26 | x |
| 2017-12-31 | CN¥2.86 | CN¥106.26 | x |
| 2018-12-31 | CN¥3.63 | CN¥106.26 | x |
| 2019-12-31 | CN¥3.50 | CN¥106.26 | x |
| 2020-12-31 | CN¥7.24 | CN¥106.26 | x |
| 2021-12-31 | CN¥30.98 | CN¥106.26 | x |
| 2022-12-31 | CN¥33.54 | CN¥106.26 | x |
| 2023-12-31 | CN¥37.64 | CN¥106.26 | x |
| 2024-12-31 | CN¥27.90 | CN¥106.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently StarPower Semiconductor 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): 7.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.97%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.44x
- Recent ROE (7.60%) is below the historical average (13.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 4.78% | 5.11% | 0.44x | 2.12x | CN¥-14.10 Million |
| 2016 | 7.42% | 7.14% | 0.56x | 1.86x | CN¥-7.47 Million |
| 2017 | 15.37% | 12.04% | 0.72x | 1.77x | CN¥18.42 Million |
| 2018 | 22.28% | 14.32% | 0.93x | 1.67x | CN¥53.33 Million |
| 2019 | 24.17% | 17.36% | 0.91x | 1.54x | CN¥79.31 Million |
| 2020 | 15.59% | 18.76% | 0.68x | 1.23x | CN¥64.79 Million |
| 2021 | 7.97% | 23.34% | 0.31x | 1.11x | CN¥-101.34 Million |
| 2022 | 14.25% | 30.22% | 0.38x | 1.24x | CN¥243.86 Million |
| 2023 | 14.15% | 24.86% | 0.43x | 1.32x | CN¥266.99 Million |
| 2024 | 7.60% | 14.97% | 0.35x | 1.44x | CN¥-160.53 Million |
Industry Comparison
This section compares StarPower Semiconductor Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $22,837,975,488
- Average return on equity (ROE) among peers: 6.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| StarPower Semiconductor Ltd (603290) | CN¥7.01 Billion | 4.78% | 0.51x | $3.72 Billion |
| TCL Corp (000100) | $135.49 Billion | 3.33% | 1.78x | $12.84 Billion |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $47.06 Billion | 14.49% | 1.30x | $5.28 Billion |
| TongFu Microelectronics Co Ltd (002156) | $6.50 Billion | 0.29% | 1.48x | $12.69 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $279.37 Million | 22.06% | 1.27x | $6.57 Billion |
| NAURA Technology Group Co Ltd (002371) | $32.23 Billion | 17.44% | 1.04x | $57.36 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $1.28 Billion | 4.71% | 0.32x | $6.19 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $373.43 Million | 7.63% | 0.67x | $463.28 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $43.88 Million | -13.90% | 0.55x | $895.26 Million |
| Hubei Tech Semiconductors Co (300046) | $895.70 Million | 9.58% | 0.17x | $1.15 Billion |
| Shanghai Sinyang Semiconductor (300236) | $4.23 Billion | 3.95% | 0.32x | $4.21 Billion |
About StarPower Semiconductor Ltd
StarPower Semiconductor Ltd. researches, designs, develops, produces, and sells power semiconductor chips and modules in Asia and internationally. The company offers IGBT, SiC, IPM, MOSFET, IPM, FRD, and diode modules, as well as discrete devices; and customized modules. Its products are used in industrial control and power supply, new energy, new energy vehicles, and white appliances application… Read more