Piotech Inc. A
Piotech Inc. engages in the research and development, production, sales, and technical services of high-end semiconductor special equipment in China. It offers thin film equipment, such as plasma-enhanced chemical vapor deposition equipment, atomic layer deposition equipment, sub-atmospheric pressure chemical vapor deposition equipment, and high-density plasma-enhanced chemical vapor deposition e… Read more
Piotech Inc. A (688072) - Net Assets
Latest net assets as of June 2025: CN¥5.43 Billion CNY
Based on the latest financial reports, Piotech Inc. A (688072) has net assets worth CN¥5.43 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥17.55 Billion) and total liabilities (CN¥12.13 Billion). 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¥5.43 Billion |
| % of Total Assets | 30.91% |
| Annual Growth Rate | 45.42% |
| 5-Year Change | 372.08% |
| 10-Year Change | N/A |
| Growth Volatility | 76.65 |
Piotech Inc. A - Net Assets Trend (2019–2024)
This chart illustrates how Piotech Inc. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Piotech Inc. A (2019–2024)
The table below shows the annual net assets of Piotech Inc. A from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.30 Billion | +15.41% |
| 2023-12-31 | CN¥4.59 Billion | +23.84% |
| 2022-12-31 | CN¥3.71 Billion | +210.71% |
| 2021-12-31 | CN¥1.19 Billion | +6.31% |
| 2020-12-31 | CN¥1.12 Billion | +37.85% |
| 2019-12-31 | CN¥814.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Piotech Inc. 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 187998425861.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.64 Billion | 31.00% |
| Other Components | CN¥3.64 Billion | 69.00% |
| Total Equity | CN¥5.28 Billion | 100.00% |
Piotech Inc. A Competitors by Market Cap
The table below lists competitors of Piotech Inc. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Want Want China Holdings Ltd
PINK:WWNTY
|
$7.08 Billion |
|
Ingredion Incorporated
NYSE:INGR
|
$7.08 Billion |
|
Aspen Technology Inc
NASDAQ:AZPN
|
$7.08 Billion |
|
Nemetschek SE
PINK:NEMTF
|
$7.09 Billion |
|
REXFORD IND.REALTY DL-01
F:3I0
|
$7.07 Billion |
|
Zhejiang Nhu Co Ltd
SHE:002001
|
$7.07 Billion |
|
Mowi ASA
PINK:MNHVF
|
$7.07 Billion |
|
Medibank Private Ltd
AU:MPL
|
$7.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Piotech Inc. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,593,860,408 to 5,280,154,359, a change of 686,293,952 (14.9%).
- Net income of 688,154,723 contributed positively to equity growth.
- Dividend payments of 137,972,974 reduced retained earnings.
- Other factors increased equity by 136,112,202.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥688.15 Million | +13.03% |
| Dividends Paid | CN¥137.97 Million | -2.61% |
| Other Changes | CN¥136.11 Million | +2.58% |
| Total Change | CN¥- | 14.94% |
Book Value vs Market Value Analysis
This analysis compares Piotech Inc. 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: 17.87x
- 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 39.49x to 17.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥8.58 | CN¥339.02 | x |
| 2020-12-31 | CN¥5.40 | CN¥339.02 | x |
| 2021-12-31 | CN¥4.30 | CN¥339.02 | x |
| 2022-12-31 | CN¥13.40 | CN¥339.02 | x |
| 2023-12-31 | CN¥16.58 | CN¥339.02 | x |
| 2024-12-31 | CN¥18.97 | CN¥339.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Piotech Inc. 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): 13.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.77%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.90x
- Recent ROE (13.03%) is above the historical average (6.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -2.38% | -7.71% | 0.23x | 1.32x | CN¥-100.79 Million |
| 2020 | -1.02% | -2.64% | 0.24x | 1.62x | CN¥-123.71 Million |
| 2021 | 5.74% | 9.04% | 0.30x | 2.11x | CN¥-50.77 Million |
| 2022 | 9.93% | 21.60% | 0.23x | 1.97x | CN¥-2.68 Million |
| 2023 | 14.42% | 24.50% | 0.27x | 2.17x | CN¥203.20 Million |
| 2024 | 13.03% | 16.77% | 0.27x | 2.90x | CN¥160.14 Million |
Industry Comparison
This section compares Piotech Inc. A's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $20,570,804,952
- Average return on equity (ROE) among peers: 8.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Piotech Inc. A (688072) | CN¥5.43 Billion | -2.38% | 2.23x | $7.08 Billion |
| TCL Corp (000100) | $132.14 Billion | 0.20% | 1.72x | $11.00 Billion |
| Inner Mongolia Ojing Science & Technology Co. Ltd. A (001269) | $470.47 Million | 28.36% | 1.12x | $193.39 Million |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $47.06 Billion | 14.49% | 1.32x | $3.68 Billion |
| TongFu Microelectronics Co Ltd (002156) | $222.39 Million | 16.98% | 3.34x | $6.97 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $19.12 Billion | 1.18% | 0.76x | $4.61 Billion |
| NAURA Technology Group Co Ltd (002371) | $3.36 Billion | 2.76% | 0.94x | $23.27 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $1.25 Billion | 6.30% | 0.11x | $3.07 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $1.01 Billion | 8.50% | 1.05x | $204.60 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $44.34 Million | 1.04% | 0.46x | $308.98 Million |
| Hubei Tech Semiconductors Co (300046) | $1.03 Billion | 4.28% | 0.07x | $823.72 Million |