Primarius Technologies Co. Ltd. A (688206) - Net Assets
Based on the latest financial reports, Primarius Technologies Co. Ltd. A (688206) has net assets worth CN¥2.04 Billion CNY (≈ $298.63 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¥2.48 Billion ≈ $362.48 Million USD) and total liabilities (CN¥436.31 Million ≈ $63.85 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 Primarius Technologies Co. Ltd. A liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.04 Billion |
| % of Total Assets | 82.39% |
| Annual Growth Rate | 87.21% |
| 5-Year Change | 103.13% |
| 10-Year Change | N/A |
| Growth Volatility | 405.02 |
Primarius Technologies Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Primarius Technologies Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore 688206 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Primarius Technologies Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Primarius Technologies Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see how much is Primarius Technologies Co. Ltd. A worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.97 Billion ≈ $288.61 Million |
-6.63% |
| 2023-12-31 | CN¥2.11 Billion ≈ $309.08 Million |
-2.67% |
| 2022-12-31 | CN¥2.17 Billion ≈ $317.57 Million |
+2.75% |
| 2021-12-31 | CN¥2.11 Billion ≈ $309.08 Million |
+117.54% |
| 2020-12-31 | CN¥970.93 Million ≈ $142.08 Million |
+1033.61% |
| 2019-12-31 | CN¥85.65 Million ≈ $12.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Primarius Technologies 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 85285876402.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.09 Billion | 107.27% |
| Total Equity | CN¥1.95 Billion | 100.00% |
Primarius Technologies Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Primarius Technologies Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aehr Test Systems
NASDAQ:AEHR
|
$2.17 Billion |
|
IMMOFINANZ AG
VI:IIA
|
$2.17 Billion |
|
Trust Alliance Information Development Inc Ltd Shanghai
SHE:300469
|
$2.17 Billion |
|
Uniti Group Inc.
LSE:0LJB
|
$2.17 Billion |
|
Leedarson IoT Technology Inc
SHG:605365
|
$2.16 Billion |
|
Zhejiang Zhongjian Technology Co Ltd
SHE:002779
|
$2.16 Billion |
|
Hubei TKD Crystal Electn
SHG:603738
|
$2.16 Billion |
|
Alony Hetz Properties and Investments Ltd
TA:ALHE
|
$2.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Primarius Technologies Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,094,705,215 to 1,951,619,807, a change of -143,085,408 (-6.8%).
- Net loss of 95,970,756 reduced equity.
- Dividend payments of 147,699 reduced retained earnings.
- Other factors decreased equity by 46,966,953.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-95.97 Million | -4.92% |
| Dividends Paid | CN¥147.70K | -0.01% |
| Other Changes | CN¥-46.97 Million | -2.41% |
| Total Change | CN¥- | -6.83% |
Book Value vs Market Value Analysis
This analysis compares Primarius Technologies 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: 7.56x
- 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 160.66x to 7.56x 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¥0.21 | CN¥34.01 | x |
| 2020-12-31 | CN¥2.48 | CN¥34.01 | x |
| 2021-12-31 | CN¥4.87 | CN¥34.01 | x |
| 2022-12-31 | CN¥4.96 | CN¥34.01 | x |
| 2023-12-31 | CN¥4.83 | CN¥34.01 | x |
| 2024-12-31 | CN¥4.50 | CN¥34.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Primarius Technologies 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): -4.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.90%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.26x
- Recent ROE (-4.92%) is above the historical average (-177.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -1061.55% | -1339.76% | 0.34x | 2.31x | CN¥-885.63 Million |
| 2020 | 2.99% | 21.10% | 0.13x | 1.12x | CN¥-67.89 Million |
| 2021 | 1.35% | 14.75% | 0.08x | 1.11x | CN¥-182.50 Million |
| 2022 | 2.09% | 16.11% | 0.11x | 1.16x | CN¥-170.14 Million |
| 2023 | -2.69% | -17.12% | 0.13x | 1.20x | CN¥-265.79 Million |
| 2024 | -4.92% | -22.90% | 0.17x | 1.26x | CN¥-291.13 Million |
Industry Comparison
This section compares Primarius Technologies Co. Ltd. A's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $813,547,571
- Average return on equity (ROE) among peers: 6.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Primarius Technologies Co. Ltd. A (688206) | CN¥2.04 Billion | -1061.55% | 0.21x | $2.17 Billion |
| UniTTEC Co Ltd (000925) | $-283.11 Million | 0.00% | 0.00x | $909.57 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $4.97 Billion | 16.23% | 0.54x | $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) | $445.12 Million | 7.09% | 0.19x | $1.39 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $971.20 Million | 9.05% | 0.88x | $1.15 Billion |
| Tianjin Printronics Circuit Corp (002134) | $570.60 Million | 1.71% | 0.43x | $913.46 Million |
| Tatwah Smartech Co Ltd (002512) | $62.81 Million | 31.91% | 1.29x | $701.64 Million |
| Chutian Dragon Co Ltd (003040) | $1.05 Billion | 9.94% | 0.54x | $998.01 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $21.30 Million | -40.30% | 16.97x | $81.27 Million |
| Nations Technologies Inc (300077) | $85.20 Million | 28.31% | 0.96x | $1.97 Billion |
About Primarius Technologies Co. Ltd. A
Primarius Technologies Co., Ltd. researches, designs, and develops electronic design automation (EDA) tools in China, and internationally. It offers Fab EDA; digital design EDA; testing systems that include parameter testing, noise measurement, and integrated testing; and design enablement services, consisting of wafer testing, SPICE modeling, testchip design, new device, and PDK and IP developme… Read more