Great Microwave Technology Co. Ltd. A
Great Microwave Technology Co., Ltd. engages in the research and development, production, and sale of integrated circuit chips and microsystems in China. The company offers terminal radio frequency (RF) front-end chips, including terminal power amplifiers, low-noise amplifiers, and RF switches for use in wireless communication terminals, such as ad hoc networks, radios, digital intercoms, and nav… Read more
Great Microwave Technology Co. Ltd. A (688270) - Net Assets
Latest net assets as of September 2025: CN¥2.23 Billion CNY
Based on the latest financial reports, Great Microwave Technology Co. Ltd. A (688270) has net assets worth CN¥2.23 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.39 Billion) and total liabilities (CN¥169.20 Million). 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¥2.23 Billion |
| % of Total Assets | 92.93% |
| Annual Growth Rate | 79.68% |
| 5-Year Change | 492.04% |
| 10-Year Change | N/A |
| Growth Volatility | 166.03 |
Great Microwave Technology Co. Ltd. A - Net Assets Trend (2018–2024)
This chart illustrates how Great Microwave Technology 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 Great Microwave Technology Co. Ltd. A (2018–2024)
The table below shows the annual net assets of Great Microwave Technology Co. Ltd. A from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.14 Billion | +0.33% |
| 2023-12-31 | CN¥2.13 Billion | +2.19% |
| 2022-12-31 | CN¥2.09 Billion | +353.50% |
| 2021-12-31 | CN¥460.55 Million | +27.33% |
| 2020-12-31 | CN¥361.70 Million | +374.21% |
| 2019-12-31 | CN¥76.27 Million | +19.97% |
| 2018-12-31 | CN¥63.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Great Microwave Technology 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 31171054743.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥175.39 Million | 8.19% |
| Common Stock | CN¥214.05 Million | 10.00% |
| Other Components | CN¥1.75 Billion | 81.81% |
| Total Equity | CN¥2.14 Billion | 100.00% |
Great Microwave Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Great Microwave Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MAINFREIGHT LTD
F:NK7
|
$2.53 Billion |
|
Operadora de Sites Mexicanos S.A. de C.V
PINK:OPMXF
|
$2.53 Billion |
|
Digitalbridge Group Inc
NYSE:DBRG
|
$2.53 Billion |
|
Travere Therapeutics Inc
NASDAQ:TVTX
|
$2.53 Billion |
|
SIASUN Robot Automation Co
SHE:300024
|
$2.53 Billion |
|
Loomis AB ser. B
ST:LOOMIS
|
$2.53 Billion |
|
Northern Oil & Gas Inc
NYSE:NOG
|
$2.53 Billion |
|
Constellium SE
F:3OK
|
$2.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Great Microwave Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,134,310,881 to 2,141,434,056, a change of 7,123,175 (0.3%).
- Net income of 17,849,628 contributed positively to equity growth.
- Dividend payments of 25,991,980 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥17.85 Million | +0.83% |
| Dividends Paid | CN¥25.99 Million | -1.21% |
| Other Changes | CN¥15.27 Million | +0.71% |
| Total Change | CN¥- | 0.33% |
Book Value vs Market Value Analysis
This analysis compares Great Microwave Technology 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: 15.47x
- 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 191.20x to 15.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CN¥0.78 | CN¥148.52 | x |
| 2019-12-31 | CN¥0.50 | CN¥148.52 | x |
| 2020-12-31 | CN¥3.36 | CN¥148.52 | x |
| 2021-12-31 | CN¥4.66 | CN¥148.52 | x |
| 2022-12-31 | CN¥13.99 | CN¥148.52 | x |
| 2023-12-31 | CN¥13.84 | CN¥148.52 | x |
| 2024-12-31 | CN¥9.60 | CN¥148.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Great Microwave Technology 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): 0.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.88%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.04x
- Recent ROE (0.83%) is above the historical average (-2.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -77.04% | -1226.44% | 0.05x | 1.24x | CN¥-55.34 Million |
| 2019 | 5.49% | 7.55% | 0.51x | 1.43x | CN¥-3.44 Million |
| 2020 | 21.27% | 50.57% | 0.38x | 1.10x | CN¥40.77 Million |
| 2021 | 21.46% | 51.86% | 0.38x | 1.09x | CN¥52.79 Million |
| 2022 | 5.16% | 44.41% | 0.11x | 1.04x | CN¥-101.13 Million |
| 2023 | 3.40% | 25.81% | 0.13x | 1.05x | CN¥-140.95 Million |
| 2024 | 0.83% | 5.88% | 0.14x | 1.04x | CN¥-196.29 Million |
Industry Comparison
This section compares Great Microwave Technology 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 |
|---|---|---|---|---|
| Great Microwave Technology Co. Ltd. A (688270) | CN¥2.23 Billion | -77.04% | 0.08x | $2.53 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 |