ASR Microelectronics Co. Ltd. A
ASR Microelectronics Co., Ltd., a platform chip company, manufactures and sells wireless communication chips and semiconductor products in China. The company offers cellular baseband chips, including 5G, smart phone and wearable chip, IoT chip, mobile intelligent terminal, and mobile broadband chip; and non-cellular IoT chips, including Wi-Fi, Bluetooth, and combo chip, as well as LPWAN SoC for i… Read more
ASR Microelectronics Co. Ltd. A (688220) - Net Assets
Latest net assets as of June 2025: CN¥5.57 Billion CNY
Based on the latest financial reports, ASR Microelectronics Co. Ltd. A (688220) has net assets worth CN¥5.57 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¥6.64 Billion) and total liabilities (CN¥1.07 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¥5.57 Billion |
| % of Total Assets | 83.95% |
| Annual Growth Rate | 51.73% |
| 5-Year Change | 232.76% |
| 10-Year Change | N/A |
| Growth Volatility | 224.96 |
ASR Microelectronics Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how ASR Microelectronics Co. Ltd. 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 ASR Microelectronics Co. Ltd. A (2019–2024)
The table below shows the annual net assets of ASR Microelectronics Co. Ltd. A from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.68 Billion | -10.60% |
| 2023-12-31 | CN¥6.36 Billion | -14.94% |
| 2022-12-31 | CN¥7.47 Billion | +560.47% |
| 2021-12-31 | CN¥1.13 Billion | -33.74% |
| 2020-12-31 | CN¥1.71 Billion | +141.91% |
| 2019-12-31 | CN¥705.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ASR Microelectronics 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 decreased by 229992780907.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥10.40 Billion | 183.03% |
| Total Equity | CN¥5.68 Billion | 100.00% |
ASR Microelectronics Co. Ltd. A Competitors by Market Cap
The table below lists competitors of ASR Microelectronics Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Provident Financial Services Inc
NYSE:PFS
|
$2.57 Billion |
|
Curbline Properties Corp.
NYSE:CURB
|
$2.57 Billion |
|
Shift4 Payments Inc 6% PRF CONVERT 01/05/2028 USD 100 - Ser A
NYSE:FOUR-PA
|
$2.57 Billion |
|
Fortress Transportation and Preferred Series B
NASDAQ:FTAIO
|
$2.58 Billion |
|
Hainan Mining Co Ltd
SHG:601969
|
$2.57 Billion |
|
YUNDA Holding Co Ltd
SHE:002120
|
$2.57 Billion |
|
Graham Holdings Co
NYSE:GHC
|
$2.57 Billion |
|
Haemonetics Corporation
NYSE:HAE
|
$2.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASR Microelectronics Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,355,553,915 to 5,681,778,486, a change of -673,775,428 (-10.6%).
- Net loss of 693,013,679 reduced equity.
- Dividend payments of 2,286,416 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-693.01 Million | -12.2% |
| Dividends Paid | CN¥2.29 Million | -0.04% |
| Other Changes | CN¥21.52 Million | +0.38% |
| Total Change | CN¥- | -10.60% |
Book Value vs Market Value Analysis
This analysis compares ASR Microelectronics 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: 5.77x
- 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 35.55x to 5.77x 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¥2.21 | CN¥78.42 | x |
| 2020-12-31 | CN¥4.54 | CN¥78.42 | x |
| 2021-12-31 | CN¥3.01 | CN¥78.42 | x |
| 2022-12-31 | CN¥17.86 | CN¥78.42 | x |
| 2023-12-31 | CN¥15.19 | CN¥78.42 | x |
| 2024-12-31 | CN¥13.58 | CN¥78.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASR Microelectronics 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): -12.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.47%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.15x
- Recent ROE (-12.20%) is above the historical average (-49.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -82.68% | -146.64% | 0.34x | 1.68x | CN¥-654.13 Million |
| 2020 | -136.26% | -215.23% | 0.45x | 1.40x | CN¥-2.50 Billion |
| 2021 | -52.10% | -27.58% | 0.88x | 2.14x | CN¥-702.53 Million |
| 2022 | -3.37% | -11.75% | 0.26x | 1.11x | CN¥-998.72 Million |
| 2023 | -7.96% | -19.46% | 0.36x | 1.15x | CN¥-1.14 Billion |
| 2024 | -12.20% | -20.47% | 0.52x | 1.15x | CN¥-1.26 Billion |
Industry Comparison
This section compares ASR Microelectronics Co. Ltd. A'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 |
|---|---|---|---|---|
| ASR Microelectronics Co. Ltd. A (688220) | CN¥5.57 Billion | -82.68% | 0.19x | $2.57 Billion |
| 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 |