Actions Technology Co Ltd
Actions Technology Co., Ltd., a fabless semiconductor company, engages in the research and development, and sale of audio SoC and integrated chips in China. It offers ICs for Bluetooth speaker, wireless transmitter, edge AL processor, home audio, smart watch, Bluetooth headset, wireless internet of Things, portable audio, and portable video. The company was incorporated in 2014 and is headquarter… Read more
Actions Technology Co Ltd (688049) - Net Assets
Latest net assets as of September 2025: CN¥1.98 Billion CNY
Based on the latest financial reports, Actions Technology Co Ltd (688049) has net assets worth CN¥1.98 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¥2.31 Billion) and total liabilities (CN¥333.21 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¥1.98 Billion |
| % of Total Assets | 85.59% |
| Annual Growth Rate | 39.36% |
| 5-Year Change | 350.51% |
| 10-Year Change | N/A |
| Growth Volatility | 103.62 |
Actions Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Actions Technology 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 Actions Technology Co Ltd (2017–2024)
The table below shows the annual net assets of Actions Technology Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.88 Billion | +3.85% |
| 2023-12-31 | CN¥1.81 Billion | +2.29% |
| 2022-12-31 | CN¥1.77 Billion | +3.34% |
| 2021-12-31 | CN¥1.71 Billion | +310.39% |
| 2020-12-31 | CN¥417.17 Million | +47.87% |
| 2019-12-31 | CN¥282.12 Million | +22.80% |
| 2018-12-31 | CN¥229.75 Million | +24.82% |
| 2017-12-31 | CN¥184.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Actions Technology 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 51465106083.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥141.07 Million | 7.51% |
| Common Stock | CN¥146.14 Million | 7.78% |
| Other Components | CN¥1.59 Billion | 84.72% |
| Total Equity | CN¥1.88 Billion | 100.00% |
Actions Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Actions Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tamilnad Mercantile Bank Limited
NSE:TMB
|
$758.16 Million |
|
Zhejiang Jiecang Linear Motion Technology Co Ltd
SHG:603583
|
$758.39 Million |
|
Epoxy Base Electronic Material Corp Ltd
SHG:603002
|
$758.72 Million |
|
XERIS BIOPH.HOL. DL-0001
F:2B30
|
$759.00 Million |
|
Huaihe Energy Group Co Ltd
SHG:600575
|
$757.91 Million |
|
Lemon Tree Hotels Limited
NSE:LEMONTREE
|
$757.29 Million |
|
Chongqing Road & Bridge Co Ltd
SHG:600106
|
$756.88 Million |
|
Nanjing Develop Advanced Manufacturing Co Ltd
SHG:688377
|
$756.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Actions Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,809,707,717 to 1,879,391,800, a change of 69,684,083 (3.9%).
- Net income of 106,582,933 contributed positively to equity growth.
- Dividend payments of 24,536,804 reduced retained earnings.
- Share repurchases of 30,670,862 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥106.58 Million | +5.67% |
| Dividends Paid | CN¥24.54 Million | -1.31% |
| Share Repurchases | CN¥30.67 Million | -1.63% |
| Other Changes | CN¥18.31 Million | +0.97% |
| Total Change | CN¥- | 3.85% |
Book Value vs Market Value Analysis
This analysis compares Actions Technology 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: 3.84x
- 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 160.01x to 3.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥0.31 | CN¥49.43 | x |
| 2018-12-31 | CN¥0.40 | CN¥49.43 | x |
| 2019-12-31 | CN¥0.51 | CN¥49.43 | x |
| 2020-12-31 | CN¥3.75 | CN¥49.43 | x |
| 2021-12-31 | CN¥15.13 | CN¥49.43 | x |
| 2022-12-31 | CN¥12.07 | CN¥49.43 | x |
| 2023-12-31 | CN¥12.52 | CN¥49.43 | x |
| 2024-12-31 | CN¥12.87 | CN¥49.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Actions Technology 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): 5.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.35%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.15x
- Recent ROE (5.67%) is above the historical average (4.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -24.28% | -14.56% | 0.77x | 2.17x | CN¥-63.09 Million |
| 2018 | 15.68% | 10.41% | 0.88x | 1.71x | CN¥13.05 Million |
| 2019 | 19.34% | 15.10% | 1.02x | 1.26x | CN¥26.35 Million |
| 2020 | 5.77% | 5.87% | 0.83x | 1.18x | CN¥-17.63 Million |
| 2021 | 4.90% | 15.95% | 0.29x | 1.06x | CN¥-87.26 Million |
| 2022 | 3.04% | 12.96% | 0.22x | 1.05x | CN¥-123.17 Million |
| 2023 | 3.59% | 12.51% | 0.27x | 1.06x | CN¥-115.91 Million |
| 2024 | 5.67% | 16.35% | 0.30x | 1.15x | CN¥-81.36 Million |
Industry Comparison
This section compares Actions Technology 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 |
|---|---|---|---|---|
| Actions Technology Co Ltd (688049) | CN¥1.98 Billion | -24.28% | 0.17x | $758.09 Million |
| 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 |