Shanghai Bright Power Semiconductor
Shanghai Bright Power Semiconductor Co., Ltd., together with its subsidiaries, engages in the research, development, and sale of power management and motor control chips in China and internationally. The company offers DC/DC power management chips comprising digital controllers, DrMOS, and converters; and AC/DC power management chips, including isolated power and non-isolated power supply. In add… Read more
Shanghai Bright Power Semiconductor (688368) - Net Assets
Latest net assets as of September 2025: CN¥1.17 Billion CNY
Based on the latest financial reports, Shanghai Bright Power Semiconductor (688368) has net assets worth CN¥1.17 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¥1.97 Billion) and total liabilities (CN¥802.06 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¥1.17 Billion |
| % of Total Assets | 59.37% |
| Annual Growth Rate | 22.51% |
| 5-Year Change | 3.18% |
| 10-Year Change | 564.14% |
| Growth Volatility | 108.37 |
Shanghai Bright Power Semiconductor - Net Assets Trend (2014–2024)
This chart illustrates how Shanghai Bright Power Semiconductor's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shanghai Bright Power Semiconductor (2014–2024)
The table below shows the annual net assets of Shanghai Bright Power Semiconductor from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.32 Billion | -10.49% |
| 2023-12-31 | CN¥1.47 Billion | -3.61% |
| 2022-12-31 | CN¥1.53 Billion | -19.95% |
| 2021-12-31 | CN¥1.91 Billion | +49.39% |
| 2020-12-31 | CN¥1.28 Billion | +12.70% |
| 2019-12-31 | CN¥1.13 Billion | +348.48% |
| 2018-12-31 | CN¥252.57 Million | +21.34% |
| 2017-12-31 | CN¥208.15 Million | +109.56% |
| 2016-12-31 | CN¥99.33 Million | -49.91% |
| 2015-12-31 | CN¥198.32 Million | +14.66% |
| 2014-12-31 | CN¥172.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Bright Power Semiconductor'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 72.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥248.18 Million | 19.71% |
| Common Stock | CN¥87.83 Million | 6.98% |
| Other Comprehensive Income | CN¥164.99 Million | 13.11% |
| Other Components | CN¥757.87 Million | 60.20% |
| Total Equity | CN¥1.26 Billion | 100.00% |
Shanghai Bright Power Semiconductor Competitors by Market Cap
The table below lists competitors of Shanghai Bright Power Semiconductor ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Uroica Mining Safety Eng
SHE:300099
|
$565.73 Million |
|
Shandong Xingmin Wheel Co Ltd
SHE:002355
|
$565.78 Million |
|
Société BIC SA
PINK:BICEY
|
$566.61 Million |
|
Mirgor S.A.
BA:MIRG
|
$566.71 Million |
|
Sk Kaken Co.Ltd
PINK:SKKAF
|
$565.65 Million |
|
Rai Way S.p.A
F:4RW
|
$565.61 Million |
|
Freewon China Co. Ltd. A
SHG:688678
|
$565.49 Million |
|
Minera Frisco S.A.B. de C.V
PINK:MFRVF
|
$565.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Bright Power Semiconductor's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,380,688,848 to 1,258,862,606, a change of -121,826,242 (-8.8%).
- Net loss of 33,051,307 reduced equity.
- Dividend payments of 14,667,618 reduced retained earnings.
- Share repurchases of 59,996,348 reduced equity.
- Other comprehensive income increased equity by 16,259,394.
- Other factors decreased equity by 30,370,363.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-33.05 Million | -2.63% |
| Dividends Paid | CN¥14.67 Million | -1.17% |
| Share Repurchases | CN¥60.00 Million | -4.77% |
| Other Comprehensive Income | CN¥16.26 Million | +1.29% |
| Other Changes | CN¥-30.37 Million | -2.41% |
| Total Change | CN¥- | -8.82% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Bright Power Semiconductor'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: 8.69x
- 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 increased from 7.27x to 8.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥17.30 | CN¥125.81 | x |
| 2015-12-31 | CN¥18.55 | CN¥125.81 | x |
| 2016-12-31 | CN¥2.99 | CN¥125.81 | x |
| 2017-12-31 | CN¥4.54 | CN¥125.81 | x |
| 2018-12-31 | CN¥5.47 | CN¥125.81 | x |
| 2019-12-31 | CN¥18.39 | CN¥125.81 | x |
| 2020-12-31 | CN¥20.29 | CN¥125.81 | x |
| 2021-12-31 | CN¥29.73 | CN¥125.81 | x |
| 2022-12-31 | CN¥24.40 | CN¥125.81 | x |
| 2023-12-31 | CN¥21.94 | CN¥125.81 | x |
| 2024-12-31 | CN¥14.47 | CN¥125.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Bright Power Semiconductor 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): -2.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.20%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.71x
- Recent ROE (-2.63%) is below the historical average (15.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 38.67% | 19.83% | 1.31x | 1.49x | CN¥49.59 Million |
| 2015 | 9.70% | 5.39% | 1.30x | 1.39x | CN¥-586.68K |
| 2016 | 30.12% | 5.27% | 2.04x | 2.79x | CN¥19.98 Million |
| 2017 | 36.57% | 10.96% | 1.89x | 1.76x | CN¥55.30 Million |
| 2018 | 32.20% | 10.61% | 1.96x | 1.55x | CN¥56.07 Million |
| 2019 | 8.15% | 10.57% | 0.64x | 1.21x | CN¥-20.93 Million |
| 2020 | 5.47% | 6.24% | 0.68x | 1.29x | CN¥-57.03 Million |
| 2021 | 35.52% | 29.42% | 0.82x | 1.47x | CN¥486.73 Million |
| 2022 | -13.49% | -19.07% | 0.43x | 1.65x | CN¥-358.53 Million |
| 2023 | -6.61% | -7.00% | 0.55x | 1.72x | CN¥-229.33 Million |
| 2024 | -2.63% | -2.20% | 0.70x | 1.71x | CN¥-158.94 Million |
Industry Comparison
This section compares Shanghai Bright Power Semiconductor'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 |
|---|---|---|---|---|
| Shanghai Bright Power Semiconductor (688368) | CN¥1.17 Billion | 38.67% | 0.68x | $565.71 Million |
| 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 |