Will Semiconductor Co Ltd (603501) - Net Assets
Based on the latest financial reports, Will Semiconductor Co Ltd (603501) has net assets worth CN¥32.66 Billion CNY (≈ $4.78 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥50.14 Billion ≈ $7.34 Billion USD) and total liabilities (CN¥17.48 Billion ≈ $2.56 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 603501 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥32.66 Billion |
| % of Total Assets | 65.14% |
| Annual Growth Rate | 43.4% |
| 5-Year Change | 72.68% |
| 10-Year Change | 3380.51% |
| Growth Volatility | 95.06 |
Will Semiconductor Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Will Semiconductor Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 603501 company net worth.
Annual Net Assets for Will Semiconductor Co Ltd (2012–2025)
The table below shows the annual net assets of Will Semiconductor Co Ltd from 2012 to 2025. Also explore Will Semiconductor Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥28.15 Billion ≈ $4.12 Billion |
+16.33% |
| 2024-12-31 | CN¥24.20 Billion ≈ $3.54 Billion |
+12.60% |
| 2023-12-31 | CN¥21.49 Billion ≈ $3.15 Billion |
+18.75% |
| 2022-12-31 | CN¥18.10 Billion ≈ $2.65 Billion |
+11.01% |
| 2021-12-31 | CN¥16.30 Billion ≈ $2.39 Billion |
+41.47% |
| 2020-12-31 | CN¥11.53 Billion ≈ $1.69 Billion |
+44.87% |
| 2019-12-31 | CN¥7.96 Billion ≈ $1.16 Billion |
+383.79% |
| 2018-12-31 | CN¥1.64 Billion ≈ $240.63 Million |
+38.11% |
| 2017-12-31 | CN¥1.19 Billion ≈ $174.23 Million |
+47.19% |
| 2016-12-31 | CN¥808.90 Million ≈ $118.37 Million |
+24.04% |
| 2015-12-31 | CN¥652.14 Million ≈ $95.43 Million |
+25.50% |
| 2014-12-31 | CN¥519.65 Million ≈ $76.04 Million |
+48.52% |
| 2013-12-31 | CN¥349.88 Million ≈ $51.20 Million |
+34.72% |
| 2012-12-31 | CN¥259.70 Million ≈ $38.00 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 13322.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥15.16 Billion | 53.83% |
| Other Components | CN¥13.01 Billion | 46.17% |
| Total Equity | CN¥28.17 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.
| Company | Market Cap |
|---|---|
|
KUAISHOU TECHNOLOGY CL.B
F:5Y0
|
$14.39 Billion |
|
Woori Financial Group Inc
NYSE:WF
|
$14.39 Billion |
|
Guangdong Wens Foodstuff Group Co Ltd
SHE:300498
|
$14.40 Billion |
|
SANDS CHINA ADR/1 O.N.
F:599
|
$14.41 Billion |
|
BSE Limited
NSE:BSE
|
$14.35 Billion |
|
Harmony Gold Mining Company Ltd
BA:HMY
|
$14.34 Billion |
|
SK Holdings 1p Pref
KO:03473K
|
$14.34 Billion |
|
Korea Electric Power Corporation
F:KOP
|
$14.33 Billion |
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 2024 to 2025, total equity changed from 24,201,186,000 to 28,172,055,029, a change of 3,970,869,029 (16.4%).
- Net income of 4,045,416,530 contributed positively to equity growth.
- Dividend payments of 978,536,536 reduced retained earnings.
- Other comprehensive income increased equity by 333,079,000.
- Other factors increased equity by 570,910,035.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.05 Billion | +14.36% |
| Dividends Paid | CN¥978.54 Million | -3.47% |
| Other Comprehensive Income | CN¥333.08 Million | +1.18% |
| Other Changes | CN¥570.91 Million | +2.03% |
| Total Change | CN¥- | 16.41% |
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: 3.49x
- 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 32.24x to 3.49x 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¥81.27 | x |
| 2013-12-31 | CN¥2.23 | CN¥81.27 | x |
| 2014-12-31 | CN¥1.10 | CN¥81.27 | x |
| 2015-12-31 | CN¥1.28 | CN¥81.27 | x |
| 2016-12-31 | CN¥1.61 | CN¥81.27 | x |
| 2017-12-31 | CN¥2.17 | CN¥81.27 | x |
| 2018-12-31 | CN¥2.53 | CN¥81.27 | x |
| 2019-12-31 | CN¥9.20 | CN¥81.27 | x |
| 2020-12-31 | CN¥9.81 | CN¥81.27 | x |
| 2021-12-31 | CN¥13.75 | CN¥81.27 | x |
| 2022-12-31 | CN¥15.28 | CN¥81.27 | x |
| 2023-12-31 | CN¥18.15 | CN¥81.27 | x |
| 2024-12-31 | CN¥20.17 | CN¥81.27 | x |
| 2025-12-31 | CN¥23.29 | CN¥81.27 | 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): 14.36%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.02%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.55x
- Recent ROE (14.36%) is below the historical average (17.02%), 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 |
| 2025 | 14.36% | 14.02% | 0.66x | 1.55x | CN¥1.23 Billion |
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: $1,623,578,815
- Average return on equity (ROE) among peers: 6.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Will Semiconductor Co Ltd (603501) | CN¥32.66 Billion | 33.23% | 0.54x | $14.35 Billion |
| UniTTEC Co Ltd (000925) | $1.03 Billion | 2.90% | 1.78x | $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) | $496.77 Million | 3.93% | 0.22x | $987.34 Million |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $3.05 Billion | 2.42% | 0.37x | $1.22 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $808.58 Million | 7.92% | 1.06x | $1.36 Billion |
| Tianjin Printronics Circuit Corp (002134) | $695.35 Million | -2.78% | 0.19x | $982.51 Million |
| Tatwah Smartech Co Ltd (002512) | $897.72 Million | 5.19% | 0.07x | $645.27 Million |
| Chutian Dragon Co Ltd (003040) | $916.47 Million | 6.34% | 0.58x | $1.11 Billion |
| Jiangsu Huasheng Tianlong Photo (300029) | $269.70 Million | 24.85% | 0.94x | $3.52 Million |
| Hubei Dinglong Chemical (300054) | $4.26 Billion | 5.02% | 0.20x | $10.14 Billion |
About Will Semiconductor Co Ltd
OmniVision Integrated Circuits Group, Inc., together with its subsidiaries, engages in the design, development, and sale of integrated circuits and computer software and hardware in China and internationally. It operates in two segments, Semiconductor Design and Electronic Components Agency. The company offers image sensors, application-specific integrated circuits, camera cube chips, liquid crys… Read more