Loongson Technology Corp. Ltd. A (688047) - Net Assets
Based on the latest financial reports, Loongson Technology Corp. Ltd. A (688047) has net assets worth CN¥2.65 Billion CNY (≈ $388.41 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.17 Billion ≈ $463.54 Million USD) and total liabilities (CN¥513.46 Million ≈ $75.14 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 Loongson Technology Corp. Ltd. A (688047) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.65 Billion |
| % of Total Assets | 83.79% |
| Annual Growth Rate | 27.0% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 79.54 |
Loongson Technology Corp. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Loongson Technology Corp. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Loongson Technology Corp. Ltd. A for the complete picture of this company's asset base.
Annual Net Assets for Loongson Technology Corp. Ltd. A (2020–2024)
The table below shows the annual net assets of Loongson Technology Corp. Ltd. A from 2020 to 2024. For live valuation and market cap data, see Loongson Technology Corp. Ltd. A (688047) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.94 Billion ≈ $429.69 Million |
-17.26% |
| 2023-12-31 | CN¥3.55 Billion ≈ $519.32 Million |
-8.78% |
| 2022-12-31 | CN¥3.89 Billion ≈ $569.31 Million |
+179.43% |
| 2021-12-31 | CN¥1.39 Billion ≈ $203.74 Million |
+23.36% |
| 2020-12-31 | CN¥1.13 Billion ≈ $165.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Loongson Technology Corp. 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 decreased by 755.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.53 Billion | 120.24% |
| Total Equity | CN¥2.94 Billion | 100.00% |
Loongson Technology Corp. Ltd. A Competitors by Market Cap
The table below lists competitors of Loongson Technology Corp. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Maxwell Technologies Co Ltd Class A
SHE:300751
|
$9.77 Billion |
|
APA Group
AU:APA
|
$9.77 Billion |
|
Bentley Systems Inc
NASDAQ:BSY
|
$9.78 Billion |
|
The Indian Hotels Company Limited
NSE:INDHOTEL
|
$9.79 Billion |
|
Gotion High tech Co Ltd
SHE:002074
|
$9.75 Billion |
|
Daewoo Engineering & Construction
KO:047040
|
$9.75 Billion |
|
Shenzhen Transsion Holdings Co Ltd
SHG:688036
|
$9.73 Billion |
|
Getlink SE
PA:GET
|
$9.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Loongson Technology Corp. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,548,924,860 to 2,936,397,075, a change of -612,527,784 (-17.3%).
- Net loss of 625,347,147 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-625.35 Million | -21.3% |
| Other Changes | CN¥12.82 Million | +0.44% |
| Total Change | CN¥- | -17.26% |
Book Value vs Market Value Analysis
This analysis compares Loongson Technology Corp. 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: 22.70x
- 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 53.02x to 22.70x 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¥3.14 | CN¥166.23 | x |
| 2021-12-31 | CN¥3.87 | CN¥166.23 | x |
| 2022-12-31 | CN¥9.70 | CN¥166.23 | x |
| 2023-12-31 | CN¥8.85 | CN¥166.23 | x |
| 2024-12-31 | CN¥7.32 | CN¥166.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Loongson Technology Corp. 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): -21.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -124.01%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.19x
- Recent ROE (-21.30%) is below the historical average (-1.18%), 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 | 6.36% | 6.63% | 0.64x | 1.49x | CN¥-41.07 Million |
| 2021 | 17.01% | 19.71% | 0.60x | 1.43x | CN¥97.58 Million |
| 2022 | 1.33% | 7.01% | 0.17x | 1.12x | CN¥-337.30 Million |
| 2023 | -9.28% | -65.15% | 0.12x | 1.16x | CN¥-684.33 Million |
| 2024 | -21.30% | -124.01% | 0.14x | 1.19x | CN¥-918.99 Million |
Industry Comparison
This section compares Loongson Technology Corp. Ltd. A's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $2,095,615,821
- Average return on equity (ROE) among peers: 6.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Loongson Technology Corp. Ltd. A (688047) | CN¥2.65 Billion | 6.36% | 0.19x | $9.75 Billion |
| UniTTEC Co Ltd (000925) | $1.22 Billion | 2.79% | 2.52x | $909.57 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $12.39 Billion | 9.51% | 0.40x | $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) | $501.66 Million | 7.47% | 0.41x | $1.39 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $629.45 Million | 7.50% | 0.73x | $1.15 Billion |
| Tianjin Printronics Circuit Corp (002134) | $710.96 Million | 2.48% | 0.13x | $913.46 Million |
| Tatwah Smartech Co Ltd (002512) | $1.65 Billion | 6.18% | 0.38x | $701.64 Million |
| Chutian Dragon Co Ltd (003040) | $1.37 Billion | 4.56% | 0.48x | $998.01 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $1.14 Billion | 5.99% | 0.16x | $81.27 Million |
| Nations Technologies Inc (300077) | $1.09 Billion | 9.56% | 0.85x | $1.97 Billion |
About Loongson Technology Corp. Ltd. A
Loongson Technology Corporation Limited engages in the research, development, production, sale, and service of processor chips in China. It offers processors and supporting chip products, as well as basic software and hardware solutions for use in network security, office and business informatization, industrial control, and Internet of Things. The company serves e-government, energy, transportat… Read more