Hefei Chipmore Technology Co. Ltd. A
Hefei Chipmore Technology Co.,Ltd. operates as a packaging and testing service provider for integrated circuits in China and internationally. The company offers packaging and testing solutions, including bump processing, wafer testing, grinding and cutting, packaging and testing; and support services, such as photomask design, COF tape-on-feed design, substrate/frame design, test program developm… Read more
Hefei Chipmore Technology Co. Ltd. A (688352) - Net Assets
Latest net assets as of June 2025: CN¥6.07 Billion CNY
Based on the latest financial reports, Hefei Chipmore Technology Co. Ltd. A (688352) has net assets worth CN¥6.07 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¥6.93 Billion) and total liabilities (CN¥856.38 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¥6.07 Billion |
| % of Total Assets | 87.64% |
| Annual Growth Rate | 27.25% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 35.06 |
Hefei Chipmore Technology Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Hefei Chipmore 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 Hefei Chipmore Technology Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Hefei Chipmore Technology Co. Ltd. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.00 Billion | +2.97% |
| 2023-12-31 | CN¥5.83 Billion | +80.88% |
| 2022-12-31 | CN¥3.22 Billion | +10.65% |
| 2021-12-31 | CN¥2.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hefei Chipmore 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 165.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.25 Billion | 20.74% |
| Other Components | CN¥4.76 Billion | 79.26% |
| Total Equity | CN¥6.00 Billion | 100.00% |
Hefei Chipmore Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Hefei Chipmore Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COHTF
PINK:COHTF
|
$534.23 Million |
|
SZZT Electronics Co Ltd
SHE:002197
|
$534.28 Million |
|
Jinxi Axle Co Ltd
SHG:600495
|
$534.28 Million |
|
Nanjing Vazyme Biotech Co Ltd
SHG:688105
|
$534.52 Million |
|
SMHGF
PINK:SMHGF
|
$533.97 Million |
|
Mersen SA
PA:MRN
|
$533.96 Million |
|
Metallus, Inc
NYSE:MTUS
|
$533.89 Million |
|
Kelington Group Bhd
KLSE:0151
|
$533.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hefei Chipmore Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,830,126,769 to 6,003,292,022, a change of 173,165,253 (3.0%).
- Net income of 313,276,971 contributed positively to equity growth.
- Dividend payments of 192,977,162 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥313.28 Million | +5.22% |
| Dividends Paid | CN¥192.98 Million | -3.21% |
| Other Changes | CN¥52.87 Million | +0.88% |
| Total Change | CN¥- | 2.97% |
Book Value vs Market Value Analysis
This analysis compares Hefei Chipmore 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: 2.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.60x to 2.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥2.95 | CN¥13.55 | x |
| 2022-12-31 | CN¥2.71 | CN¥13.55 | x |
| 2023-12-31 | CN¥4.90 | CN¥13.55 | x |
| 2024-12-31 | CN¥5.05 | CN¥13.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hefei Chipmore 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): 5.22%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.99%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.16x
- Recent ROE (5.22%) is below the historical average (7.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 10.46% | 23.07% | 0.30x | 1.52x | CN¥13.37 Million |
| 2022 | 9.41% | 23.02% | 0.27x | 1.50x | CN¥-19.15 Million |
| 2023 | 6.37% | 22.81% | 0.23x | 1.23x | CN¥-211.35 Million |
| 2024 | 5.22% | 15.99% | 0.28x | 1.16x | CN¥-287.05 Million |
Industry Comparison
This section compares Hefei Chipmore Technology Co. Ltd. A's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $20,570,804,952
- Average return on equity (ROE) among peers: 8.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hefei Chipmore Technology Co. Ltd. A (688352) | CN¥6.07 Billion | 10.46% | 0.14x | $534.02 Million |
| TCL Corp (000100) | $132.14 Billion | 0.20% | 1.72x | $11.00 Billion |
| Inner Mongolia Ojing Science & Technology Co. Ltd. A (001269) | $470.47 Million | 28.36% | 1.12x | $193.39 Million |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $47.06 Billion | 14.49% | 1.32x | $3.68 Billion |
| TongFu Microelectronics Co Ltd (002156) | $222.39 Million | 16.98% | 3.34x | $6.97 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $19.12 Billion | 1.18% | 0.76x | $4.61 Billion |
| NAURA Technology Group Co Ltd (002371) | $3.36 Billion | 2.76% | 0.94x | $23.27 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $1.25 Billion | 6.30% | 0.11x | $3.07 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $1.01 Billion | 8.50% | 1.05x | $204.60 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $44.34 Million | 1.04% | 0.46x | $308.98 Million |
| Hubei Tech Semiconductors Co (300046) | $1.03 Billion | 4.28% | 0.07x | $823.72 Million |