C*Core Technology Co Ltd (688262) - Net Assets
Based on the latest financial reports, C*Core Technology Co Ltd (688262) has net assets worth CN¥2.06 Billion CNY (≈ $301.73 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¥3.25 Billion ≈ $475.00 Million USD) and total liabilities (CN¥1.18 Billion ≈ $173.27 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 688262 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.06 Billion |
| % of Total Assets | 63.52% |
| Annual Growth Rate | 33.69% |
| 5-Year Change | 365.51% |
| 10-Year Change | N/A |
| Growth Volatility | 171.9 |
C*Core Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how C*Core Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of C*Core Technology Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for C*Core Technology Co Ltd (2017–2024)
The table below shows the annual net assets of C*Core Technology Co Ltd from 2017 to 2024. For live valuation and market cap data, see how much is C*Core Technology Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.19 Billion ≈ $321.17 Million |
-10.02% |
| 2023-12-31 | CN¥2.44 Billion ≈ $356.95 Million |
-13.53% |
| 2022-12-31 | CN¥2.82 Billion ≈ $412.80 Million |
+0.60% |
| 2021-12-31 | CN¥2.80 Billion ≈ $410.32 Million |
+494.73% |
| 2020-12-31 | CN¥471.48 Million ≈ $68.99 Million |
+10.39% |
| 2019-12-31 | CN¥427.11 Million ≈ $62.50 Million |
+7.86% |
| 2018-12-31 | CN¥395.98 Million ≈ $57.94 Million |
+37.77% |
| 2017-12-31 | CN¥287.41 Million ≈ $42.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to C*Core Technology Co Ltd'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 24102858398.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥336.00 Million | 15.31% |
| Other Components | CN¥2.12 Billion | 96.74% |
| Total Equity | CN¥2.19 Billion | 100.00% |
C*Core Technology Co Ltd Competitors by Market Cap
The table below lists competitors of C*Core Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
$1.92 Billion |
|
Shanghai SK Automation Technology Co. Ltd. A
SHG:688155
|
$1.92 Billion |
|
Nexwise Intelligence China Limited
SHE:301248
|
$1.92 Billion |
|
Century Plyboards (India) Limited
NSE:CENTURYPLY
|
$1.92 Billion |
|
Gemdale Corp
SHG:600383
|
$1.92 Billion |
|
Vardhman Textiles Limited
NSE:VTL
|
$1.91 Billion |
|
Getac Technology Corp
TW:3005
|
$1.91 Billion |
|
Pitney Bowes Inc
NYSE:PBI
|
$1.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in C*Core Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,439,323,360 to 2,194,800,037, a change of -244,523,323 (-10.0%).
- Net loss of 180,590,010 reduced equity.
- Dividend payments of 2,593,794 reduced retained earnings.
- Share repurchases of 63,933,310 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-180.59 Million | -8.23% |
| Dividends Paid | CN¥2.59 Million | -0.12% |
| Share Repurchases | CN¥63.93 Million | -2.91% |
| Other Changes | CN¥2.59 Million | +0.12% |
| Total Change | CN¥- | -10.02% |
Book Value vs Market Value Analysis
This analysis compares C*Core Technology Co Ltd'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: 5.89x
- 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 24.83x to 5.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.57 | CN¥38.97 | x |
| 2018-12-31 | CN¥2.16 | CN¥38.97 | x |
| 2019-12-31 | CN¥1.27 | CN¥38.97 | x |
| 2020-12-31 | CN¥1.40 | CN¥38.97 | x |
| 2021-12-31 | CN¥8.33 | CN¥38.97 | x |
| 2022-12-31 | CN¥8.38 | CN¥38.97 | x |
| 2023-12-31 | CN¥7.23 | CN¥38.97 | x |
| 2024-12-31 | CN¥6.61 | CN¥38.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently C*Core Technology Co Ltd 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): -8.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -31.45%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.46x
- Recent ROE (-8.23%) is below the historical average (0.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -2.23% | -4.89% | 0.40x | 1.13x | CN¥-35.15 Million |
| 2018 | 0.81% | 1.64% | 0.43x | 1.15x | CN¥-36.40 Million |
| 2019 | 7.29% | 13.45% | 0.47x | 1.17x | CN¥-11.57 Million |
| 2020 | 9.70% | 17.63% | 0.45x | 1.22x | CN¥-1.40 Million |
| 2021 | 2.50% | 17.23% | 0.14x | 1.06x | CN¥-210.20 Million |
| 2022 | 2.66% | 15.07% | 0.16x | 1.08x | CN¥-207.12 Million |
| 2023 | -6.92% | -37.55% | 0.15x | 1.22x | CN¥-412.68 Million |
| 2024 | -8.23% | -31.45% | 0.18x | 1.46x | CN¥-400.07 Million |
Industry Comparison
This section compares C*Core Technology Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $2,095,615,821
- Average return on equity (ROE) among peers: 6.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| C*Core Technology Co Ltd (688262) | CN¥2.06 Billion | -2.23% | 0.57x | $1.92 Billion |
| UniTTEC Co Ltd (000925) | $1.22 Billion | 2.79% | 2.52x | $909.57 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $12.39 Billion | 9.51% | 0.40x | $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) | $501.66 Million | 7.47% | 0.41x | $1.39 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $629.45 Million | 7.50% | 0.73x | $1.15 Billion |
| Tianjin Printronics Circuit Corp (002134) | $710.96 Million | 2.48% | 0.13x | $913.46 Million |
| Tatwah Smartech Co Ltd (002512) | $1.65 Billion | 6.18% | 0.38x | $701.64 Million |
| Chutian Dragon Co Ltd (003040) | $1.37 Billion | 4.56% | 0.48x | $998.01 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $1.14 Billion | 5.99% | 0.16x | $81.27 Million |
| Nations Technologies Inc (300077) | $1.09 Billion | 9.56% | 0.85x | $1.97 Billion |
About C*Core Technology Co Ltd
C*Core Technology Co., Ltd., a chip design company, offers IP authorization, chip customization, and independent chip and module products in China. The company offers automotive electronics and industrial control chips, advanced computing and storage chips, biometric identification chips, information security chips, biometric modules, and information security products. It also provides software a… Read more