Shenzhen Kiwi Instruments Co. Ltd. A (688045) - Net Assets
Based on the latest financial reports, Shenzhen Kiwi Instruments Co. Ltd. A (688045) has net assets worth CN¥1.38 Billion CNY (≈ $202.03 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.79 Billion ≈ $261.58 Million USD) and total liabilities (CN¥406.97 Million ≈ $59.55 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 Shenzhen Kiwi Instruments Co. Ltd. A (688045) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.38 Billion |
| % of Total Assets | 77.23% |
| Annual Growth Rate | 46.31% |
| 5-Year Change | 201.7% |
| 10-Year Change | N/A |
| Growth Volatility | 82.57 |
Shenzhen Kiwi Instruments Co. Ltd. A - Net Assets Trend (2020–2025)
This chart illustrates how Shenzhen Kiwi Instruments Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See how many days can Shenzhen Kiwi Instruments Co. Ltd. A fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen Kiwi Instruments Co. Ltd. A (2020–2025)
The table below shows the annual net assets of Shenzhen Kiwi Instruments Co. Ltd. A from 2020 to 2025. For live valuation and market cap data, see 688045 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.36 Billion ≈ $199.43 Million |
+3.42% |
| 2024-12-31 | CN¥1.32 Billion ≈ $192.84 Million |
+0.76% |
| 2023-12-31 | CN¥1.31 Billion ≈ $191.39 Million |
-3.48% |
| 2022-12-31 | CN¥1.36 Billion ≈ $198.29 Million |
+199.96% |
| 2021-12-31 | CN¥451.75 Million ≈ $66.10 Million |
+122.18% |
| 2020-12-31 | CN¥203.32 Million ≈ $29.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Kiwi Instruments Co. Ltd. A'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 1916.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥232.13 Million | 16.50% |
| Other Components | CN¥1.17 Billion | 83.50% |
| Total Equity | CN¥1.41 Billion | 100.00% |
Shenzhen Kiwi Instruments Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shenzhen Kiwi Instruments Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PROSEGUR CASH UNSP.ADR/5
F:PQD0
|
$816.56 Million |
|
Liaoning Fu-An
SHG:603315
|
$816.64 Million |
|
Strait Innovation Internet Co Ltd
SHE:300300
|
$816.75 Million |
|
Jiangsu Baichuan HighTech New Materials Co Ltd
SHE:002455
|
$817.21 Million |
|
Global Yatirim Holding AS
IS:GLYHO
|
$816.29 Million |
|
Amerigo Resources Ltd.
TO:ARG
|
$816.27 Million |
|
Cascades Inc.
TO:CAS
|
$815.71 Million |
|
Entravision Communications
NYSE:EVC
|
$815.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Kiwi Instruments Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,355,209,778 to 1,406,987,824, a change of 51,778,045 (3.8%).
- Net income of 12,075,420 contributed positively to equity growth.
- Dividend payments of 614,931 reduced retained earnings.
- Other factors increased equity by 40,317,556.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥12.08 Million | +0.86% |
| Dividends Paid | CN¥614.93K | -0.04% |
| Other Changes | CN¥40.32 Million | +2.87% |
| Total Change | CN¥- | 3.82% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Kiwi Instruments Co. Ltd. A'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: 3.92x
- 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 20.11x to 3.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥3.93 | CN¥79.05 | x |
| 2021-12-31 | CN¥8.77 | CN¥79.05 | x |
| 2022-12-31 | CN¥19.79 | CN¥79.05 | x |
| 2023-12-31 | CN¥19.20 | CN¥79.05 | x |
| 2024-12-31 | CN¥19.63 | CN¥79.05 | x |
| 2025-12-31 | CN¥20.15 | CN¥79.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Kiwi Instruments Co. Ltd. A 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): 0.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.77%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.25x
- Recent ROE (0.86%) is below the historical average (12.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 18.94% | 8.98% | 1.44x | 1.46x | CN¥18.21 Million |
| 2021 | 52.77% | 27.03% | 1.57x | 1.24x | CN¥194.28 Million |
| 2022 | 2.78% | 7.22% | 0.36x | 1.07x | CN¥-98.69 Million |
| 2023 | -1.44% | -3.30% | 0.40x | 1.09x | CN¥-151.68 Million |
| 2024 | -1.27% | -2.49% | 0.47x | 1.08x | CN¥-152.69 Million |
| 2025 | 0.86% | 1.77% | 0.39x | 1.25x | CN¥-128.62 Million |
Industry Comparison
This section compares Shenzhen Kiwi Instruments Co. Ltd. A's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $758,137,872
- Average return on equity (ROE) among peers: 7.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Kiwi Instruments Co. Ltd. A (688045) | CN¥1.38 Billion | 18.94% | 0.29x | $816.40 Million |
| UniTTEC Co Ltd (000925) | $3.09 Billion | 1.86% | 1.43x | $807.63 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $87.45 Million | 17.73% | 0.92x | $9.99 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $238.46 Million | 1.47% | 0.52x | $1.34 Billion |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $150.59 Million | 29.58% | 0.75x | $1.83 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $552.98 Million | 1.15% | 0.72x | $1.90 Billion |
| Tianjin Printronics Circuit Corp (002134) | $609.67 Million | -14.49% | 0.33x | $1.09 Billion |
| Tatwah Smartech Co Ltd (002512) | $318.94 Million | -63.28% | 6.24x | $640.43 Million |
| Chutian Dragon Co Ltd (003040) | $916.47 Million | 6.34% | 0.58x | $791.53 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $63.06 Million | 81.02% | 3.66x | $5.87 Million |
| Nations Technologies Inc (300077) | $1.55 Billion | 14.11% | 0.72x | $1.99 Billion |
About Shenzhen Kiwi Instruments Co. Ltd. A
Shenzhen Kiwi Instruments Co., Ltd., together with its subsidiaries, engages in the design, research, development, manufacture, and sale of analog and mixed-signal integrated circuits in China and internationally. The company offers AC-DC products comprising flyback controllers, non-isolated converters, synchronous rectifiers, PFC converters, LLC controllers, AHB controllers, and power supply fil… Read more