Anji Microelectronics Tech Co Ltd (688019) - Net Assets
Based on the latest financial reports, Anji Microelectronics Tech Co Ltd (688019) has net assets worth CN¥3.34 Billion CNY (≈ $488.12 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¥4.78 Billion ≈ $698.91 Million USD) and total liabilities (CN¥1.44 Billion ≈ $210.79 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 Anji Microelectronics Tech Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.34 Billion |
| % of Total Assets | 69.84% |
| Annual Growth Rate | 33.86% |
| 5-Year Change | 157.7% |
| 10-Year Change | N/A |
| Growth Volatility | 44.93 |
Anji Microelectronics Tech Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Anji Microelectronics Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Anji Microelectronics Tech Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Anji Microelectronics Tech Co Ltd (2016–2024)
The table below shows the annual net assets of Anji Microelectronics Tech Co Ltd from 2016 to 2024. For live valuation and market cap data, see 688019 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.70 Billion ≈ $395.23 Million |
+27.16% |
| 2023-12-31 | CN¥2.12 Billion ≈ $310.81 Million |
+39.60% |
| 2022-12-31 | CN¥1.52 Billion ≈ $222.65 Million |
+26.67% |
| 2021-12-31 | CN¥1.20 Billion ≈ $175.77 Million |
+14.60% |
| 2020-12-31 | CN¥1.05 Billion ≈ $153.37 Million |
+18.09% |
| 2019-12-31 | CN¥887.57 Million ≈ $129.88 Million |
+155.96% |
| 2018-12-31 | CN¥346.76 Million ≈ $50.74 Million |
+14.91% |
| 2017-12-31 | CN¥301.77 Million ≈ $44.16 Million |
+15.18% |
| 2016-12-31 | CN¥262.01 Million ≈ $38.34 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Anji Microelectronics Tech 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 153194302399.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.46 Billion | 53.98% |
| Common Stock | CN¥129.21 Million | 4.78% |
| Other Comprehensive Income | CN¥624.36K | 0.02% |
| Other Components | CN¥1.11 Billion | 41.22% |
| Total Equity | CN¥2.70 Billion | 100.00% |
Anji Microelectronics Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Anji Microelectronics Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianshui Huatian Technology Co Ltd
SHE:002185
|
$6.57 Billion |
|
OneMain Holdings Inc
NYSE:OMF
|
$6.57 Billion |
|
Starwood Property Trust Inc
NYSE:STWD
|
$6.57 Billion |
|
Symbotic Inc
NASDAQ:SYM
|
$6.58 Billion |
|
Mega Or
TA:MGOR
|
$6.56 Billion |
|
Zheshang Securities Co Ltd
SHG:601878
|
$6.55 Billion |
|
Informatica Inc
NYSE:INFA
|
$6.55 Billion |
|
Dillard's, Inc.
NYSE:DDS
|
$6.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anji Microelectronics Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,124,045,086 to 2,700,956,681, a change of 576,911,595 (27.2%).
- Net income of 533,643,650 contributed positively to equity growth.
- Dividend payments of 39,287,500 reduced retained earnings.
- Other comprehensive income decreased equity by 128,041,942.
- Other factors increased equity by 210,597,387.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥533.64 Million | +19.76% |
| Dividends Paid | CN¥39.29 Million | -1.45% |
| Other Comprehensive Income | CN¥-128.04 Million | -4.74% |
| Other Changes | CN¥210.60 Million | +7.8% |
| Total Change | CN¥- | 27.16% |
Book Value vs Market Value Analysis
This analysis compares Anji Microelectronics Tech 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: 15.88x
- 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 119.70x to 15.88x 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¥2.14 | CN¥256.00 | x |
| 2017-12-31 | CN¥2.47 | CN¥256.00 | x |
| 2018-12-31 | CN¥2.83 | CN¥256.00 | x |
| 2019-12-31 | CN¥6.35 | CN¥256.00 | x |
| 2020-12-31 | CN¥6.42 | CN¥256.00 | x |
| 2021-12-31 | CN¥7.34 | CN¥256.00 | x |
| 2022-12-31 | CN¥9.29 | CN¥256.00 | x |
| 2023-12-31 | CN¥12.74 | CN¥256.00 | x |
| 2024-12-31 | CN¥16.12 | CN¥256.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anji Microelectronics Tech 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): 19.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.08%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.28x
- Recent ROE (19.76%) is above the historical average (14.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.16% | 18.87% | 0.63x | 1.19x | CN¥10.90 Million |
| 2017 | 13.17% | 17.10% | 0.66x | 1.17x | CN¥9.56 Million |
| 2018 | 12.97% | 18.14% | 0.57x | 1.25x | CN¥10.29 Million |
| 2019 | 7.42% | 23.07% | 0.29x | 1.12x | CN¥-22.91 Million |
| 2020 | 14.69% | 36.46% | 0.33x | 1.23x | CN¥49.18 Million |
| 2021 | 10.41% | 18.22% | 0.41x | 1.39x | CN¥4.97 Million |
| 2022 | 19.81% | 27.99% | 0.53x | 1.35x | CN¥149.28 Million |
| 2023 | 18.96% | 32.53% | 0.48x | 1.23x | CN¥190.33 Million |
| 2024 | 19.76% | 29.08% | 0.53x | 1.28x | CN¥263.55 Million |
Industry Comparison
This section compares Anji Microelectronics Tech Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $9,769,050,515
- Average return on equity (ROE) among peers: 8.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anji Microelectronics Tech Co Ltd (688019) | CN¥3.34 Billion | 14.16% | 0.43x | $6.56 Billion |
| TCL Corp (000100) | $9.65 Billion | 2.54% | 2.19x | $12.84 Billion |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $60.24 Billion | 5.67% | 1.08x | $5.28 Billion |
| TongFu Microelectronics Co Ltd (002156) | $2.21 Billion | 1.71% | 0.53x | $12.69 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $791.05 Million | 10.23% | 0.50x | $6.57 Billion |
| NAURA Technology Group Co Ltd (002371) | $17.20 Billion | 6.26% | 0.81x | $57.36 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $4.26 Billion | 3.12% | 0.12x | $6.19 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $126.92 Million | 25.91% | 1.26x | $463.28 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $861.69 Million | 3.97% | 0.63x | $895.26 Million |
| Hubei Tech Semiconductors Co (300046) | $846.73 Million | 6.91% | 0.08x | $1.15 Billion |
| Shanghai Sinyang Semiconductor (300236) | $1.52 Billion | 13.88% | 0.23x | $4.21 Billion |
About Anji Microelectronics Tech Co Ltd
Anji Microelectronics Technology (Shanghai) Co., Ltd. researches, develops, manufactures, and sells semiconductor materials in China and internationally. The company offers chemical mechanical polishing slurry, such as copper and copper barrier layers, tungsten slurries, chemical mechanical polishing slurries for dielectric materials, dielectric slurries, chemical mechanical polishing slurries fo… Read more