Espressif Systems Shanghai Co Ltd
Espressif Systems (Shanghai) Co., Ltd., a fabless semiconductor company, develops and sells cutting-edge and low-power wireless communication chipsets in China and internationally. The company offers wireless SoCs; Wi-Fi and Bluetooth modules; and development boards, as well as software components. It also provides production testing equipment; device connectivity, low power, smart display, audio… Read more
Espressif Systems Shanghai Co Ltd (688018) - Net Assets
Latest net assets as of September 2025: CN¥4.35 Billion CNY
Based on the latest financial reports, Espressif Systems Shanghai Co Ltd (688018) has net assets worth CN¥4.35 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¥4.98 Billion) and total liabilities (CN¥635.23 Million). 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¥4.35 Billion |
| % of Total Assets | 87.26% |
| Annual Growth Rate | 43.5% |
| 5-Year Change | 32.8% |
| 10-Year Change | N/A |
| Growth Volatility | 132.95 |
Espressif Systems Shanghai Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Espressif Systems Shanghai 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 Espressif Systems Shanghai Co Ltd (2016–2024)
The table below shows the annual net assets of Espressif Systems Shanghai Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.18 Billion | +13.92% |
| 2023-12-31 | CN¥1.91 Billion | +4.73% |
| 2022-12-31 | CN¥1.83 Billion | +0.20% |
| 2021-12-31 | CN¥1.82 Billion | +11.08% |
| 2020-12-31 | CN¥1.64 Billion | +1.94% |
| 2019-12-31 | CN¥1.61 Billion | +417.23% |
| 2018-12-31 | CN¥311.24 Million | +48.37% |
| 2017-12-31 | CN¥209.78 Million | +73.07% |
| 2016-12-31 | CN¥121.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Espressif Systems Shanghai 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 2449.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥792.60 Million | 36.87% |
| Common Stock | CN¥112.20 Million | 5.22% |
| Other Components | CN¥1.25 Billion | 57.92% |
| Total Equity | CN¥2.15 Billion | 100.00% |
Espressif Systems Shanghai Co Ltd Competitors by Market Cap
The table below lists competitors of Espressif Systems Shanghai Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NewAmsterdam Pharma Company N.V. Ordinary Shares
NASDAQ:NAMS
|
$1.91 Billion |
|
Easy Click Worldwide Network Technology Co. Ltd. A
SHE:301171
|
$1.91 Billion |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
|
$1.91 Billion |
|
Kruk SA
WAR:KRU
|
$1.91 Billion |
|
Promotora y Operadora de Infraestructura S. A. B. de C. V
PINK:PYOIF
|
$1.91 Billion |
|
Enerpac Tool Group Corp
NYSE:EPAC
|
$1.91 Billion |
|
Star Bulk Carriers Corp
NASDAQ:SBLK
|
$1.91 Billion |
|
Eagers Automotive Ltd
AU:APE
|
$1.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Espressif Systems Shanghai Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,913,000,227 to 2,149,974,683, a change of 236,974,456 (12.4%).
- Net income of 339,323,930 contributed positively to equity growth.
- Dividend payments of 78,299,414 reduced retained earnings.
- Share repurchases of 88,774,988 reduced equity.
- Other factors increased equity by 64,724,928.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥339.32 Million | +15.78% |
| Dividends Paid | CN¥78.30 Million | -3.64% |
| Share Repurchases | CN¥88.77 Million | -4.13% |
| Other Changes | CN¥64.72 Million | +3.01% |
| Total Change | CN¥- | 12.39% |
Book Value vs Market Value Analysis
This analysis compares Espressif Systems Shanghai 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: 7.76x
- 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 16.32x to 7.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥9.25 | CN¥151.01 | x |
| 2017-12-31 | CN¥15.40 | CN¥151.01 | x |
| 2018-12-31 | CN¥5.19 | CN¥151.01 | x |
| 2019-12-31 | CN¥20.12 | CN¥151.01 | x |
| 2020-12-31 | CN¥20.51 | CN¥151.01 | x |
| 2021-12-31 | CN¥22.57 | CN¥151.01 | x |
| 2022-12-31 | CN¥22.76 | CN¥151.01 | x |
| 2023-12-31 | CN¥23.95 | CN¥151.01 | x |
| 2024-12-31 | CN¥19.46 | CN¥151.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Espressif Systems Shanghai 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): 15.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.91%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.23x
- Recent ROE (15.78%) is above the historical average (11.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.37% | 0.37% | 0.79x | 1.29x | CN¥-11.67 Million |
| 2017 | 14.00% | 10.80% | 1.11x | 1.17x | CN¥8.39 Million |
| 2018 | 30.16% | 19.77% | 1.26x | 1.21x | CN¥62.76 Million |
| 2019 | 9.85% | 20.93% | 0.44x | 1.07x | CN¥-2.48 Million |
| 2020 | 6.34% | 12.52% | 0.45x | 1.11x | CN¥-60.06 Million |
| 2021 | 10.88% | 14.31% | 0.65x | 1.17x | CN¥16.13 Million |
| 2022 | 5.33% | 7.66% | 0.61x | 1.14x | CN¥-85.34 Million |
| 2023 | 7.12% | 9.50% | 0.65x | 1.15x | CN¥-55.10 Million |
| 2024 | 15.78% | 16.91% | 0.76x | 1.23x | CN¥124.33 Million |
Industry Comparison
This section compares Espressif Systems Shanghai 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 |
|---|---|---|---|---|
| Espressif Systems Shanghai Co Ltd (688018) | CN¥4.35 Billion | 0.37% | 0.15x | $1.91 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 |