GigaDevice Semiconductor(Beiji (603986) - Net Assets
Based on the latest financial reports, GigaDevice Semiconductor(Beiji (603986) has net assets worth CN¥18.40 Billion CNY (≈ $2.69 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¥20.76 Billion ≈ $3.04 Billion USD) and total liabilities (CN¥2.36 Billion ≈ $344.79 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 how resilient are GigaDevice Semiconductor(Beiji's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥18.40 Billion |
| % of Total Assets | 88.65% |
| Annual Growth Rate | 42.08% |
| 5-Year Change | 55.96% |
| 10-Year Change | 2822.85% |
| Growth Volatility | 50.87 |
GigaDevice Semiconductor(Beiji - Net Assets Trend (2011–2024)
This chart illustrates how GigaDevice Semiconductor(Beiji's net assets have evolved over time, based on quarterly financial data. Also explore total assets of GigaDevice Semiconductor(Beiji for the complete picture of this company's asset base.
Annual Net Assets for GigaDevice Semiconductor(Beiji (2011–2024)
The table below shows the annual net assets of GigaDevice Semiconductor(Beiji from 2011 to 2024. For live valuation and market cap data, see GigaDevice Semiconductor(Beiji (603986) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥16.68 Billion ≈ $2.44 Billion |
+9.73% |
| 2023-12-31 | CN¥15.20 Billion ≈ $2.22 Billion |
+0.09% |
| 2022-12-31 | CN¥15.19 Billion ≈ $2.22 Billion |
+12.63% |
| 2021-12-31 | CN¥13.48 Billion ≈ $1.97 Billion |
+26.08% |
| 2020-12-31 | CN¥10.69 Billion ≈ $1.56 Billion |
+104.63% |
| 2019-12-31 | CN¥5.23 Billion ≈ $764.73 Million |
+175.46% |
| 2018-12-31 | CN¥1.90 Billion ≈ $277.62 Million |
+7.96% |
| 2017-12-31 | CN¥1.76 Billion ≈ $257.14 Million |
+37.38% |
| 2016-12-31 | CN¥1.28 Billion ≈ $187.18 Million |
+124.16% |
| 2015-12-31 | CN¥570.63 Million ≈ $83.50 Million |
+35.87% |
| 2014-12-31 | CN¥420.00 Million ≈ $61.46 Million |
+26.71% |
| 2013-12-31 | CN¥331.48 Million ≈ $48.51 Million |
+24.23% |
| 2012-12-31 | CN¥266.82 Million ≈ $39.04 Million |
+53.93% |
| 2011-12-31 | CN¥173.35 Million ≈ $25.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GigaDevice Semiconductor(Beiji'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 321088.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.80 Billion | 41.19% |
| Common Stock | CN¥664.12 Million | 4.03% |
| Other Components | CN¥9.04 Billion | 54.78% |
| Total Equity | CN¥16.50 Billion | 100.00% |
GigaDevice Semiconductor(Beiji Competitors by Market Cap
The table below lists competitors of GigaDevice Semiconductor(Beiji ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Honda Motor Co. Ltd
F:HDMA
|
$30.64 Billion |
|
United Microelectronics Corporation
TW:2303
|
$30.66 Billion |
|
Givaudan SA
F:GIN1
|
$30.69 Billion |
|
Raymond James Financial Inc.
NYSE:RJF
|
$30.79 Billion |
|
NARI Technology Co Ltd
SHG:600406
|
$30.52 Billion |
|
Ameren Corp
NYSE:AEE
|
$30.51 Billion |
|
Cheniere Energy Partners LP
NYSE:CQP
|
$30.47 Billion |
|
Qnb Finansbank AS
IS:QNBTR
|
$30.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GigaDevice Semiconductor(Beiji's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,199,576,583 to 16,498,507,838, a change of 1,298,931,255 (8.5%).
- Net income of 1,102,542,805 contributed positively to equity growth.
- Dividend payments of 15,218,394 reduced retained earnings.
- Share repurchases of 314,607,203 reduced equity.
- Other factors increased equity by 526,214,047.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.10 Billion | +6.68% |
| Dividends Paid | CN¥15.22 Million | -0.09% |
| Share Repurchases | CN¥314.61 Million | -1.91% |
| Other Changes | CN¥526.21 Million | +3.19% |
| Total Change | CN¥- | 8.55% |
Book Value vs Market Value Analysis
This analysis compares GigaDevice Semiconductor(Beiji'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: 12.60x
- 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 610.78x to 12.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.51 | CN¥312.99 | x |
| 2012-12-31 | CN¥0.66 | CN¥312.99 | x |
| 2013-12-31 | CN¥0.81 | CN¥312.99 | x |
| 2014-12-31 | CN¥1.02 | CN¥312.99 | x |
| 2015-12-31 | CN¥1.39 | CN¥312.99 | x |
| 2016-12-31 | CN¥2.80 | CN¥312.99 | x |
| 2017-12-31 | CN¥3.18 | CN¥312.99 | x |
| 2018-12-31 | CN¥3.42 | CN¥312.99 | x |
| 2019-12-31 | CN¥8.83 | CN¥312.99 | x |
| 2020-12-31 | CN¥16.20 | CN¥312.99 | x |
| 2021-12-31 | CN¥20.37 | CN¥312.99 | x |
| 2022-12-31 | CN¥22.77 | CN¥312.99 | x |
| 2023-12-31 | CN¥22.64 | CN¥312.99 | x |
| 2024-12-31 | CN¥24.84 | CN¥312.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GigaDevice Semiconductor(Beiji 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): 6.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.99%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.17x
- Recent ROE (6.68%) is below the historical average (15.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 10.31% | 5.55% | 1.20x | 1.55x | CN¥540.76K |
| 2012 | 23.74% | 7.58% | 2.01x | 1.55x | CN¥36.65 Million |
| 2013 | 20.32% | 8.54% | 1.66x | 1.43x | CN¥34.20 Million |
| 2014 | 23.37% | 10.36% | 1.49x | 1.52x | CN¥56.14 Million |
| 2015 | 27.62% | 13.27% | 1.32x | 1.58x | CN¥100.65 Million |
| 2016 | 13.80% | 11.85% | 0.89x | 1.31x | CN¥48.57 Million |
| 2017 | 22.63% | 19.58% | 0.79x | 1.47x | CN¥221.77 Million |
| 2018 | 21.35% | 18.03% | 0.79x | 1.51x | CN¥215.29 Million |
| 2019 | 11.61% | 18.95% | 0.52x | 1.18x | CN¥84.37 Million |
| 2020 | 8.24% | 19.58% | 0.38x | 1.10x | CN¥-188.70 Million |
| 2021 | 17.33% | 27.46% | 0.55x | 1.14x | CN¥988.49 Million |
| 2022 | 13.52% | 25.25% | 0.49x | 1.10x | CN¥534.33 Million |
| 2023 | 1.06% | 2.80% | 0.35x | 1.08x | CN¥-1.36 Billion |
| 2024 | 6.68% | 14.99% | 0.38x | 1.17x | CN¥-547.31 Million |
Industry Comparison
This section compares GigaDevice Semiconductor(Beiji's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $813,547,571
- Average return on equity (ROE) among peers: 6.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GigaDevice Semiconductor(Beiji (603986) | CN¥18.40 Billion | 10.31% | 0.13x | $30.59 Billion |
| UniTTEC Co Ltd (000925) | $-283.11 Million | 0.00% | 0.00x | $909.57 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $4.97 Billion | 16.23% | 0.54x | $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) | $445.12 Million | 7.09% | 0.19x | $1.39 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $971.20 Million | 9.05% | 0.88x | $1.15 Billion |
| Tianjin Printronics Circuit Corp (002134) | $570.60 Million | 1.71% | 0.43x | $913.46 Million |
| Tatwah Smartech Co Ltd (002512) | $62.81 Million | 31.91% | 1.29x | $701.64 Million |
| Chutian Dragon Co Ltd (003040) | $1.05 Billion | 9.94% | 0.54x | $998.01 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $21.30 Million | -40.30% | 16.97x | $81.27 Million |
| Nations Technologies Inc (300077) | $85.20 Million | 28.31% | 0.96x | $1.97 Billion |
About GigaDevice Semiconductor(Beiji
GigaDevice Semiconductor Inc. engages in the research, development, technical support, and sale of memory, microcontrollers, and sensors. The company offers SPI NOR, SPI NAND, parallel NAND, wafer level chip scale packaging (WLCSP), and known good die (KGD) flash products, as well as packages; 32-bit microcontrollers, such as Arm Cortex-M3, Arm Cortex-M4, Arm Cortex-M23, Arm Cortex-M33, Arm Corte… Read more