Thinkon Semiconductor Jinzhou Corp Net Assets
Thinkon Semiconductor Jinzhou Corp net assets. Based on the latest financial reports, Thinkon Semiconductor Jinzhou Corp (688233) has net assets worth CN¥1.98 Billion CNY (≈ $290.43 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.11 Billion ≈ $308.17 Million USD) and total liabilities (CN¥121.25 Million ≈ $17.74 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. Also explore how fast is Thinkon Semiconductor Jinzhou Corp growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.98 Billion |
| % of Total Assets | 94.24% |
| Annual Growth Rate | 40.43% |
| 5-Year Change | 38.91% |
| 10-Year Change | N/A |
| Growth Volatility | 73.39 |
Net Assets of Thinkon Semiconductor Jinzhou Corp (2016–2025)
Net assets of Thinkon Semiconductor Jinzhou Corp from 2016 to 2025. This chart illustrates how Thinkon Semiconductor Jinzhou Corp's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Thinkon Semiconductor Jinzhou Corp to measure how much of total assets are equity-financed.
Annual Net Assets for Thinkon Semiconductor Jinzhou Corp (2016–2025)
The table below shows the annual net assets of Thinkon Semiconductor Jinzhou Corp from 2016 to 2025. For live market cap and overall valuation, see Thinkon Semiconductor Jinzhou Corp (688233) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.96 Billion ≈ $287.45 Million |
+6.22% |
| 2024-12-31 | CN¥1.85 Billion ≈ $270.61 Million |
+2.06% |
| 2023-12-31 | CN¥1.81 Billion ≈ $265.16 Million |
+12.29% |
| 2022-12-31 | CN¥1.61 Billion ≈ $236.13 Million |
+14.11% |
| 2021-12-31 | CN¥1.41 Billion ≈ $206.94 Million |
+16.70% |
| 2020-12-31 | CN¥1.21 Billion ≈ $177.33 Million |
+235.97% |
| 2019-12-31 | CN¥360.70 Million ≈ $52.78 Million |
+7.88% |
| 2018-12-31 | CN¥334.35 Million ≈ $48.93 Million |
+110.91% |
| 2017-12-31 | CN¥158.53 Million ≈ $23.20 Million |
+71.31% |
| 2016-12-31 | CN¥92.54 Million ≈ $13.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Thinkon Semiconductor Jinzhou Corp'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 3906.6% over the analyzed period, indicating profitable operations and earnings retention.
Thinkon Semiconductor Jinzhou Corp Net Assets Breakdown (December 2025)
Thinkon Semiconductor Jinzhou Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥531.35 Million | 28.11% |
| Common Stock | CN¥170.31 Million | 9.01% |
| Other Comprehensive Income | CN¥-1.08 Million | -0.06% |
| Other Components | CN¥1.19 Billion | 62.93% |
| Total Equity | CN¥1.89 Billion | 100.00% |
Thinkon Semiconductor Jinzhou Corp Competitors by Market Cap
The table below lists competitors of Thinkon Semiconductor Jinzhou Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Herbalife Nutrition Ltd
NYSE:HLF
|
$1.34 Billion |
|
Riyue Heavy Industry Co Ltd
SHG:603218
|
$1.34 Billion |
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
$1.35 Billion |
|
Shanxi Lanhua Sci-Tech Venture Co Ltd
SHG:600123
|
$1.35 Billion |
|
Tamilnad Mercantile Bank Limited
NSE:TMB
|
$1.34 Billion |
|
Fresh Del Monte Produce Inc
NYSE:FDP
|
$1.34 Billion |
|
Cuprum
SN:CUPRUM
|
$1.34 Billion |
|
IDT Corporation
NYSE:IDT
|
$1.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thinkon Semiconductor Jinzhou Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,792,961,454 to 1,890,097,190, a change of 97,135,736 (5.4%).
- Net income of 102,037,076 contributed positively to equity growth.
- Dividend payments of 12,701,663 reduced retained earnings.
- Other comprehensive income decreased equity by 67,575,843.
- Other factors increased equity by 75,376,166.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥102.04 Million | +5.4% |
| Dividends Paid | CN¥12.70 Million | -0.67% |
| Other Comprehensive Income | CN¥-67.58 Million | -3.58% |
| Other Changes | CN¥75.38 Million | +3.99% |
| Total Change | CN¥- | 5.42% |
Book Value vs Market Value Analysis
This analysis compares Thinkon Semiconductor Jinzhou Corp'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: 4.82x
- 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 29.68x to 4.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.82 | CN¥53.91 | x |
| 2017-12-31 | CN¥3.04 | CN¥53.91 | x |
| 2018-12-31 | CN¥2.82 | CN¥53.91 | x |
| 2019-12-31 | CN¥3.00 | CN¥53.91 | x |
| 2020-12-31 | CN¥7.86 | CN¥53.91 | x |
| 2021-12-31 | CN¥8.83 | CN¥53.91 | x |
| 2022-12-31 | CN¥9.85 | CN¥53.91 | x |
| 2023-12-31 | CN¥10.96 | CN¥53.91 | x |
| 2024-12-31 | CN¥10.46 | CN¥53.91 | x |
| 2025-12-31 | CN¥11.18 | CN¥53.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thinkon Semiconductor Jinzhou Corp 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): 5.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.30%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.10x
- Recent ROE (5.40%) is below the historical average (13.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.56% | 24.20% | 0.45x | 1.05x | CN¥1.44 Million |
| 2017 | 28.92% | 36.27% | 0.72x | 1.11x | CN¥30.00 Million |
| 2018 | 31.88% | 37.72% | 0.78x | 1.08x | CN¥73.14 Million |
| 2019 | 21.33% | 40.80% | 0.49x | 1.07x | CN¥40.88 Million |
| 2020 | 8.27% | 52.20% | 0.14x | 1.11x | CN¥-20.91 Million |
| 2021 | 15.63% | 43.89% | 0.34x | 1.05x | CN¥79.58 Million |
| 2022 | 10.05% | 29.33% | 0.31x | 1.12x | CN¥814.99K |
| 2023 | -3.92% | -51.18% | 0.07x | 1.10x | CN¥-245.29 Million |
| 2024 | 2.30% | 13.59% | 0.15x | 1.11x | CN¥-138.15 Million |
| 2025 | 5.40% | 23.30% | 0.21x | 1.10x | CN¥-86.97 Million |
Industry Comparison
This section compares Thinkon Semiconductor Jinzhou Corp's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $12,573,927,014
- Average return on equity (ROE) among peers: 7.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thinkon Semiconductor Jinzhou Corp (688233) | CN¥1.98 Billion | 11.56% | 0.06x | $1.34 Billion |
| TCL Corp (000100) | $90.06 Billion | 4.87% | 1.86x | $14.61 Billion |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $1.53 Billion | -6.00% | 0.74x | $5.55 Billion |
| TongFu Microelectronics Co Ltd (002156) | $356.41 Million | 25.07% | 3.04x | $8.55 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $19.20 Billion | 3.93% | 0.61x | $6.75 Billion |
| NAURA Technology Group Co Ltd (002371) | $215.75 Million | 16.55% | 1.41x | $51.70 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $8.13 Billion | 6.45% | 0.30x | $5.30 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $1.19 Billion | -0.81% | 0.63x | $359.12 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $188.43 Million | 16.27% | 0.47x | $455.03 Million |
| Hubei Tech Semiconductors Co (300046) | $645.15 Million | 5.00% | 0.19x | $719.24 Million |
| Shanghai Sinyang Semiconductor (300236) | $4.23 Billion | 3.95% | 0.32x | $3.05 Billion |
About Thinkon Semiconductor Jinzhou Corp
Thinkon Semiconductor Jinzhou Corp., together with its subsidiaries, engages in the research, development, production, and sale of monocrystalline silicon products for integrated circuit etching in China and internationally. The company offers large-diameter silicon ingots, silicon cylinders, silicon plates, silicon rings, silicon wafers, silicon single crystal rods, silicon tubes, silicon platte… Read more