Will Semiconductor Co Ltd

SHG:603501 China Semiconductors
Market Cap
$18.43 Billion
CN¥135.22 Billion CNY
Market Cap Rank
#1521 Global
#68 in China
Share Price
CN¥111.73
Change (1 day)
-0.97%
52-Week Range
CN¥111.73 - CN¥151.17
All Time High
CN¥251.55
About

OmniVision Integrated Circuits Group, Inc. a semiconductor design company, provides sensor solutions, analog solutions, and touch screen and display solutions. The company offers application specific integrated circuits, power management devices, diodes, FETs, triode BJTs, protective devices, low noise amplifiers, RF switches, tuners, image sensors, signal circuits, audio devices, touch and displ… Read more

Will Semiconductor Co Ltd (603501) - Net Assets

Latest net assets as of September 2025: CN¥27.70 Billion CNY

Based on the latest financial reports, Will Semiconductor Co Ltd (603501) has net assets worth CN¥27.70 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¥44.21 Billion) and total liabilities (CN¥16.51 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¥27.70 Billion
% of Total Assets 62.66%
Annual Growth Rate 45.92%
5-Year Change 110.0%
10-Year Change 3611.23%
Growth Volatility 98.17

Will Semiconductor Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Will Semiconductor Co 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 Will Semiconductor Co Ltd (2012–2024)

The table below shows the annual net assets of Will Semiconductor Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥24.20 Billion +12.60%
2023-12-31 CN¥21.49 Billion +18.75%
2022-12-31 CN¥18.10 Billion +11.01%
2021-12-31 CN¥16.30 Billion +41.47%
2020-12-31 CN¥11.53 Billion +44.87%
2019-12-31 CN¥7.96 Billion +383.79%
2018-12-31 CN¥1.64 Billion +38.11%
2017-12-31 CN¥1.19 Billion +47.19%
2016-12-31 CN¥808.90 Million +24.04%
2015-12-31 CN¥652.14 Million +25.50%
2014-12-31 CN¥519.65 Million +48.52%
2013-12-31 CN¥349.88 Million +34.72%
2012-12-31 CN¥259.70 Million --

Equity Component Analysis

This analysis shows how different components contribute to Will Semiconductor 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 10404.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥11.87 Billion 49.04%
Common Stock CN¥1.22 Billion 5.03%
Other Comprehensive Income CN¥-333.08 Million -1.38%
Other Components CN¥11.45 Billion 47.31%
Total Equity CN¥24.20 Billion 100.00%

Will Semiconductor Co Ltd Competitors by Market Cap

The table below lists competitors of Will Semiconductor Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 21,450,826,201 to 24,201,186,000, a change of 2,750,359,799 (12.8%).
  • Net income of 3,323,242,754 contributed positively to equity growth.
  • Dividend payments of 656,890,330 reduced retained earnings.
  • Share repurchases of 1,167,995,990 reduced equity.
  • Other comprehensive income decreased equity by 307,765,757.
  • Other factors increased equity by 1,559,769,122.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥3.32 Billion +13.73%
Dividends Paid CN¥656.89 Million -2.71%
Share Repurchases CN¥1.17 Billion -4.83%
Other Comprehensive Income CN¥-307.77 Million -1.27%
Other Changes CN¥1.56 Billion +6.45%
Total Change CN¥- 12.82%

Book Value vs Market Value Analysis

This analysis compares Will Semiconductor 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: 5.54x
  • 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 44.33x to 5.54x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CN¥2.52 CN¥111.73 x
2013-12-31 CN¥2.23 CN¥111.73 x
2014-12-31 CN¥1.10 CN¥111.73 x
2015-12-31 CN¥1.28 CN¥111.73 x
2016-12-31 CN¥1.61 CN¥111.73 x
2017-12-31 CN¥2.17 CN¥111.73 x
2018-12-31 CN¥2.53 CN¥111.73 x
2019-12-31 CN¥9.20 CN¥111.73 x
2020-12-31 CN¥9.81 CN¥111.73 x
2021-12-31 CN¥13.75 CN¥111.73 x
2022-12-31 CN¥15.28 CN¥111.73 x
2023-12-31 CN¥18.15 CN¥111.73 x
2024-12-31 CN¥20.17 CN¥111.73 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Will Semiconductor 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): 13.73%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.92%
  • • Asset Turnover: 0.66x
  • • Equity Multiplier: 1.61x
  • Recent ROE (13.73%) is below the historical average (17.22%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 33.23% 8.58% 1.61x 2.40x CN¥60.33 Million
2013 36.39% 11.15% 1.46x 2.23x CN¥92.33 Million
2014 18.85% 6.96% 1.23x 2.21x CN¥46.01 Million
2015 17.96% 5.82% 1.35x 2.29x CN¥51.14 Million
2016 17.52% 6.56% 1.31x 2.03x CN¥60.82 Million
2017 11.63% 5.70% 0.85x 2.39x CN¥19.18 Million
2018 8.86% 1.49% 2.11x 2.81x CN¥-18.56 Million
2019 5.87% 3.42% 0.78x 2.20x CN¥-327.01 Million
2020 24.08% 13.65% 0.88x 2.02x CN¥1.58 Billion
2021 27.63% 18.57% 0.75x 1.98x CN¥2.86 Billion
2022 5.50% 4.93% 0.57x 1.95x CN¥-811.53 Million
2023 2.59% 2.64% 0.56x 1.76x CN¥-1.59 Billion
2024 13.73% 12.92% 0.66x 1.61x CN¥903.12 Million

Industry Comparison

This section compares Will Semiconductor Co 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
Will Semiconductor Co Ltd (603501) CN¥27.70 Billion 33.23% 0.60x $11.43 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