Advanced Micro Fabrication Inc
Advanced Micro-Fabrication Equipment Inc. China engages in the research and development, manufacture, and sale of high-end semiconductor equipment and pan-semiconductor equipment in China. The company offers etch products, including Primo D-RIE, Primo AD-RIE, Primo SSC AD-RIE, Primo iDEA, Primo HD-RIE, Primo TSV, Primo Nanova, Primo Twin-Star, and Primo UD-RIE; and MOCVD products, such as Prismo … Read more
Advanced Micro Fabrication Inc (688012) - Net Assets
Latest net assets as of September 2025: CN¥21.44 Billion CNY
Based on the latest financial reports, Advanced Micro Fabrication Inc (688012) has net assets worth CN¥21.44 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¥29.79 Billion) and total liabilities (CN¥8.35 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¥21.44 Billion |
| % of Total Assets | 71.98% |
| Annual Growth Rate | N/A |
| 5-Year Change | 351.69% |
| 10-Year Change | N/A |
| Growth Volatility | 233.54 |
Advanced Micro Fabrication Inc - Net Assets Trend (2016–2024)
This chart illustrates how Advanced Micro Fabrication Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Advanced Micro Fabrication Inc (2016–2024)
The table below shows the annual net assets of Advanced Micro Fabrication Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥19.74 Billion | +10.73% |
| 2023-12-31 | CN¥17.82 Billion | +15.12% |
| 2022-12-31 | CN¥15.48 Billion | +11.06% |
| 2021-12-31 | CN¥13.94 Billion | +219.05% |
| 2020-12-31 | CN¥4.37 Billion | +16.48% |
| 2019-12-31 | CN¥3.75 Billion | +77.25% |
| 2018-12-31 | CN¥2.12 Billion | +695.00% |
| 2017-12-31 | CN¥266.21 Million | +130.57% |
| 2016-12-31 | CN¥-870.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Advanced Micro Fabrication Inc'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 830479020830.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.00 Billion | 25.33% |
| Common Stock | CN¥622.36 Million | 3.15% |
| Other Components | CN¥14.12 Billion | 71.52% |
| Total Equity | CN¥19.74 Billion | 100.00% |
Advanced Micro Fabrication Inc Competitors by Market Cap
The table below lists competitors of Advanced Micro Fabrication Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yanzhou Coal Mining Company Limited
OTCQX:YZCAY
|
$19.75 Billion |
|
Allegheny Technologies Incorporated
NYSE:ATI
|
$19.80 Billion |
|
Bunge Global SA
LSE:0ADJ
|
$19.84 Billion |
|
SBA Communications Corp
NASDAQ:SBAC
|
$19.85 Billion |
|
International Paper
NYSE:IP
|
$19.71 Billion |
|
HEXAGON AB B FRIA O.N.
F:HXG
|
$19.71 Billion |
|
Danske Bank A/S
PINK:DNSKF
|
$19.70 Billion |
|
Bunge Limited
NYSE:BG
|
$19.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advanced Micro Fabrication Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,826,122,876 to 19,736,912,284, a change of 1,910,789,408 (10.7%).
- Net income of 1,615,675,747 contributed positively to equity growth.
- Dividend payments of 200,343,889 reduced retained earnings.
- Share repurchases of 300,777,168 reduced equity.
- Other factors increased equity by 796,234,718.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.62 Billion | +8.19% |
| Dividends Paid | CN¥200.34 Million | -1.02% |
| Share Repurchases | CN¥300.78 Million | -1.52% |
| Other Changes | CN¥796.23 Million | +4.03% |
| Total Change | CN¥- | 10.72% |
Book Value vs Market Value Analysis
This analysis compares Advanced Micro Fabrication Inc'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: 9.85x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥-1.92 | CN¥312.93 | x |
| 2017-12-31 | CN¥0.59 | CN¥312.93 | x |
| 2018-12-31 | CN¥4.66 | CN¥312.93 | x |
| 2019-12-31 | CN¥7.36 | CN¥312.93 | x |
| 2020-12-31 | CN¥8.17 | CN¥312.93 | x |
| 2021-12-31 | CN¥24.26 | CN¥312.93 | x |
| 2022-12-31 | CN¥25.13 | CN¥312.93 | x |
| 2023-12-31 | CN¥28.75 | CN¥312.93 | x |
| 2024-12-31 | CN¥31.76 | CN¥312.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advanced Micro Fabrication Inc 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): 8.19%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.82%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.33x
- Recent ROE (8.19%) is above the historical average (7.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -39.18% | 0.57x | 0.00x | CN¥-151.70 Million |
| 2017 | 11.24% | 3.08% | 0.43x | 8.55x | CN¥3.30 Million |
| 2018 | 4.29% | 5.54% | 0.46x | 1.67x | CN¥-120.77 Million |
| 2019 | 5.03% | 9.69% | 0.41x | 1.27x | CN¥-186.54 Million |
| 2020 | 11.27% | 21.65% | 0.39x | 1.33x | CN¥55.29 Million |
| 2021 | 7.26% | 32.54% | 0.19x | 1.20x | CN¥-382.58 Million |
| 2022 | 7.55% | 24.68% | 0.24x | 1.29x | CN¥-378.60 Million |
| 2023 | 10.02% | 28.51% | 0.29x | 1.21x | CN¥3.30 Million |
| 2024 | 8.19% | 17.82% | 0.35x | 1.33x | CN¥-358.02 Million |
Industry Comparison
This section compares Advanced Micro Fabrication Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $10,412,990,462
- Average return on equity (ROE) among peers: 2.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Micro Fabrication Inc (688012) | CN¥21.44 Billion | 0.00% | 0.39x | $19.72 Billion |
| TCL Corp (000100) | $90.06 Billion | 4.87% | 1.86x | $11.22 Billion |
| Inner Mongolia Ojing Science & Technology Co. Ltd. A (001269) | $1.06 Billion | -50.46% | 1.08x | $197.75 Million |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $1.58 Billion | 8.99% | 0.30x | $3.73 Billion |
| TongFu Microelectronics Co Ltd (002156) | $272.18 Million | 18.36% | 3.59x | $7.21 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $1.97 Billion | 10.09% | 0.80x | $4.80 Billion |
| NAURA Technology Group Co Ltd (002371) | $1.96 Billion | 2.13% | 0.98x | $23.52 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $4.26 Billion | 3.12% | 0.12x | $3.19 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $1.24 Billion | 5.06% | 0.54x | $209.32 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $884.27 Million | 14.85% | 0.41x | $318.17 Million |
| Hubei Tech Semiconductors Co (300046) | $846.73 Million | 6.91% | 0.08x | $805.19 Million |