Thinkon Semiconductor Jinzhou Corp (688233) - Net Assets

Latest as of September 2025: CN¥1.92 Billion CNY ≈ $281.16 Million USD

Based on the latest financial reports, Thinkon Semiconductor Jinzhou Corp (688233) has net assets worth CN¥1.92 Billion CNY (≈ $281.16 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.07 Billion ≈ $303.00 Million USD) and total liabilities (CN¥149.24 Million ≈ $21.84 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 financial resilience of Thinkon Semiconductor Jinzhou Corp to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.92 Billion
% of Total Assets	92.79%
Annual Growth Rate	45.41%
5-Year Change	52.6%
10-Year Change	N/A
Growth Volatility	75.83

Thinkon Semiconductor Jinzhou Corp - Net Assets Trend (2016–2024)

This chart illustrates how Thinkon Semiconductor Jinzhou Corp's net assets have evolved over time, based on quarterly financial data. Also explore Thinkon Semiconductor Jinzhou Corp (688233) total assets for the complete picture of this company's asset base.

Annual Net Assets for Thinkon Semiconductor Jinzhou Corp (2016–2024)

The table below shows the annual net assets of Thinkon Semiconductor Jinzhou Corp from 2016 to 2024. For live valuation and market cap data, see 688233 market cap overview.

Year	Net Assets	Change
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	--

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 2732.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥375.59 Million	20.95%
Common Stock	CN¥170.31 Million	9.50%
Other Comprehensive Income	CN¥66.49 Million	3.71%
Other Components	CN¥1.18 Billion	65.84%
Total Equity	CN¥1.79 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
Fulltech Fiber Glass TWO:1815	$1.78 Billion
Jiangsu Cai Qin Technology Co Ltd SHG:688182	$1.78 Billion
Yelp Inc NYSE:YELP	$1.78 Billion
Tootsie Roll Industries Inc NYSE:TR	$1.78 Billion
MaxLinear Inc NASDAQ:MXL	$1.78 Billion
Grand City Properties SA XETRA:GYC	$1.78 Billion
HJ ShipBuilding & Construction Co Ltd KO:097230	$1.77 Billion
Gorman-Rupp Company NYSE:GRC	$1.77 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 2023 to 2024, total equity changed from 1,761,794,579 to 1,792,961,454, a change of 31,166,875 (1.8%).
Net income of 41,150,752 contributed positively to equity growth.
Share repurchases of 10,036,737 reduced equity.
Other comprehensive income increased equity by 66,476,298.
Other factors decreased equity by 66,423,438.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥41.15 Million	+2.3%
Share Repurchases	CN¥10.04 Million	-0.56%
Other Comprehensive Income	CN¥66.48 Million	+3.71%
Other Changes	CN¥-66.42 Million	-3.7%
Total Change	CN¥-	1.77%

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: 6.73x
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 39.24x to 6.73x 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¥71.28	x
2017-12-31	CN¥3.04	CN¥71.28	x
2018-12-31	CN¥2.82	CN¥71.28	x
2019-12-31	CN¥3.28	CN¥71.28	x
2020-12-31	CN¥7.57	CN¥71.28	x
2021-12-31	CN¥8.84	CN¥71.28	x
2022-12-31	CN¥9.83	CN¥71.28	x
2023-12-31	CN¥10.96	CN¥71.28	x
2024-12-31	CN¥10.59	CN¥71.28	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): 2.30%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 13.59%
• Asset Turnover: 0.15x
• Equity Multiplier: 1.11x
Recent ROE (2.30%) is below the historical average (14.00%), 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

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: $17,716,400,941
Average return on equity (ROE) among peers: 5.14%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Thinkon Semiconductor Jinzhou Corp (688233)	CN¥1.92 Billion	11.56%	0.08x	$1.78 Billion
TCL Corp (000100)	$132.70 Billion	1.18%	1.85x	$13.00 Billion
TCL Zhonghuan Renewable Energy Technology Co Ltd (002129)	$324.60 Million	17.43%	0.64x	$5.12 Billion
TongFu Microelectronics Co Ltd (002156)	$222.39 Million	16.98%	3.34x	$11.50 Billion
Tianshui Huatian Technology Co Ltd (002185)	$279.37 Million	22.06%	1.27x	$6.27 Billion
NAURA Technology Group Co Ltd (002371)	$32.23 Billion	17.44%	1.04x	$56.96 Billion
Jiangsu Yoke Technology Co Ltd (002409)	$4.26 Billion	3.12%	0.12x	$5.90 Billion
Guangdong Huafeng New Energy Technology Co Ltd (002806)	$872.24 Million	-37.18%	0.97x	$437.78 Million
Zhejiang Mtcn Technology Co Ltd (003026)	$648.76 Million	3.51%	0.98x	$948.18 Million
Hubei Tech Semiconductors Co (300046)	$645.15 Million	5.00%	0.19x	$1.12 Billion
Shanghai Sinyang Semiconductor (300236)	$4.99 Billion	1.88%	0.33x	$4.35 Billion

About Thinkon Semiconductor Jinzhou Corp

SHG:688233 China Semiconductor Equipment & Materials

Market Cap

$1.78 Billion

CN¥12.14 Billion CNY

Market Cap Rank

#6718 Global

#1550 in China

Share Price

CN¥71.28

Change (1 day)

+1.81%

52-Week Range

CN¥26.25 - CN¥106.78

All Time High

CN¥106.78