Fuzhou Rockchip Electronics Co Ltd (603893) - Net Assets
Based on the latest financial reports, Fuzhou Rockchip Electronics Co Ltd (603893) has net assets worth CN¥4.24 Billion CNY (≈ $620.24 Million 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¥5.11 Billion ≈ $748.04 Million USD) and total liabilities (CN¥873.35 Million ≈ $127.80 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 603893 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.24 Billion |
| % of Total Assets | 82.92% |
| Annual Growth Rate | 17.86% |
| 5-Year Change | 56.84% |
| 10-Year Change | 431.84% |
| Growth Volatility | 21.09 |
Fuzhou Rockchip Electronics Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Fuzhou Rockchip Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Fuzhou Rockchip Electronics Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Fuzhou Rockchip Electronics Co Ltd (2013–2024)
The table below shows the annual net assets of Fuzhou Rockchip Electronics Co Ltd from 2013 to 2024. For live valuation and market cap data, see how much is Fuzhou Rockchip Electronics Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.55 Billion ≈ $518.87 Million |
+15.85% |
| 2023-12-31 | CN¥3.06 Billion ≈ $447.88 Million |
+4.81% |
| 2022-12-31 | CN¥2.92 Billion ≈ $427.34 Million |
+2.45% |
| 2021-12-31 | CN¥2.85 Billion ≈ $417.13 Million |
+26.09% |
| 2020-12-31 | CN¥2.26 Billion ≈ $330.83 Million |
+31.75% |
| 2019-12-31 | CN¥1.72 Billion ≈ $251.10 Million |
+13.56% |
| 2018-12-31 | CN¥1.51 Billion ≈ $221.12 Million |
+12.82% |
| 2017-12-31 | CN¥1.34 Billion ≈ $196.00 Million |
+76.94% |
| 2016-12-31 | CN¥756.99 Million ≈ $110.77 Million |
+13.54% |
| 2015-12-31 | CN¥666.72 Million ≈ $97.56 Million |
+24.26% |
| 2014-12-31 | CN¥536.57 Million ≈ $78.52 Million |
-7.71% |
| 2013-12-31 | CN¥581.40 Million ≈ $85.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fuzhou Rockchip Electronics 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 138.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.38 Billion | 38.79% |
| Common Stock | CN¥418.90 Million | 11.81% |
| Other Comprehensive Income | CN¥603.87K | 0.02% |
| Other Components | CN¥1.75 Billion | 49.38% |
| Total Equity | CN¥3.55 Billion | 100.00% |
Fuzhou Rockchip Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Fuzhou Rockchip Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianshan Aluminum Group Co Ltd
SHE:002532
|
$11.27 Billion |
|
SK Holdings 1p Pref
KO:03473K
|
$11.27 Billion |
|
A.P.MOELL-M.B U.ADR 1/200
F:DP4H
|
$11.30 Billion |
|
AtkinsRealis Group Inc
TO:ATRL
|
$11.31 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
$11.26 Billion |
|
Grupo Aeroportuario del Pacifico SAB De CV ADR
NYSE:PAC
|
$11.25 Billion |
|
Huaneng Power International Inc
SHG:600011
|
$11.25 Billion |
|
Elanco Animal Health
NYSE:ELAN
|
$11.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fuzhou Rockchip Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,060,740,090 to 3,545,884,291, a change of 485,144,201 (15.9%).
- Net income of 594,862,210 contributed positively to equity growth.
- Dividend payments of 83,660,160 reduced retained earnings.
- Share repurchases of 2,350,592 reduced equity.
- Other comprehensive income increased equity by 106,633.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥594.86 Million | +16.78% |
| Dividends Paid | CN¥83.66 Million | -2.36% |
| Share Repurchases | CN¥2.35 Million | -0.07% |
| Other Comprehensive Income | CN¥106.63K | +0.0% |
| Other Changes | CN¥-23.81 Million | -0.67% |
| Total Change | CN¥- | 15.85% |
Book Value vs Market Value Analysis
This analysis compares Fuzhou Rockchip Electronics 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: 21.61x
- 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 99.44x to 21.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.84 | CN¥182.90 | x |
| 2014-12-31 | CN¥1.70 | CN¥182.90 | x |
| 2015-12-31 | CN¥2.11 | CN¥182.90 | x |
| 2016-12-31 | CN¥2.36 | CN¥182.90 | x |
| 2017-12-31 | CN¥4.17 | CN¥182.90 | x |
| 2018-12-31 | CN¥4.09 | CN¥182.90 | x |
| 2019-12-31 | CN¥4.16 | CN¥182.90 | x |
| 2020-12-31 | CN¥5.48 | CN¥182.90 | x |
| 2021-12-31 | CN¥6.89 | CN¥182.90 | x |
| 2022-12-31 | CN¥7.05 | CN¥182.90 | x |
| 2023-12-31 | CN¥7.26 | CN¥182.90 | x |
| 2024-12-31 | CN¥8.46 | CN¥182.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fuzhou Rockchip Electronics 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): 16.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.97%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.20x
- Recent ROE (16.78%) is above the historical average (12.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 28.84% | 11.57% | 1.12x | 2.23x | CN¥109.53 Million |
| 2014 | 10.28% | 5.41% | 1.11x | 1.72x | CN¥1.51 Million |
| 2015 | 3.79% | 2.49% | 1.13x | 1.34x | CN¥-41.38 Million |
| 2016 | 11.87% | 6.92% | 1.30x | 1.32x | CN¥14.13 Million |
| 2017 | 7.92% | 8.48% | 0.82x | 1.14x | CN¥-27.84 Million |
| 2018 | 12.72% | 15.12% | 0.73x | 1.15x | CN¥41.04 Million |
| 2019 | 11.93% | 14.54% | 0.68x | 1.20x | CN¥33.11 Million |
| 2020 | 14.15% | 17.17% | 0.69x | 1.20x | CN¥93.89 Million |
| 2021 | 21.11% | 22.14% | 0.80x | 1.19x | CN¥316.72 Million |
| 2022 | 10.18% | 14.65% | 0.60x | 1.15x | CN¥5.39 Million |
| 2023 | 4.41% | 6.32% | 0.61x | 1.15x | CN¥-171.19 Million |
| 2024 | 16.78% | 18.97% | 0.74x | 1.20x | CN¥240.27 Million |
Industry Comparison
This section compares Fuzhou Rockchip Electronics Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $2,095,615,821
- Average return on equity (ROE) among peers: 6.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fuzhou Rockchip Electronics Co Ltd (603893) | CN¥4.24 Billion | 28.84% | 0.21x | $11.27 Billion |
| UniTTEC Co Ltd (000925) | $1.22 Billion | 2.79% | 2.52x | $909.57 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $12.39 Billion | 9.51% | 0.40x | $9.61 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $245.66 Million | 4.18% | 0.78x | $1.06 Billion |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $501.66 Million | 7.47% | 0.41x | $1.39 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $629.45 Million | 7.50% | 0.73x | $1.15 Billion |
| Tianjin Printronics Circuit Corp (002134) | $710.96 Million | 2.48% | 0.13x | $913.46 Million |
| Tatwah Smartech Co Ltd (002512) | $1.65 Billion | 6.18% | 0.38x | $701.64 Million |
| Chutian Dragon Co Ltd (003040) | $1.37 Billion | 4.56% | 0.48x | $998.01 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $1.14 Billion | 5.99% | 0.16x | $81.27 Million |
| Nations Technologies Inc (300077) | $1.09 Billion | 9.56% | 0.85x | $1.97 Billion |
About Fuzhou Rockchip Electronics Co Ltd
Rockchip Electronics Co., Ltd. operates as a fabless IC design company focusing on Intelligent IoT in China. The company offers artificial intelligent application processor chips, including general application processors, machine vision processors, audio processors, etc.; and power management, interface conversion, wireless connection, fast charging protocol, and other digital-analog hybrid chips… Read more