Shanghai Bright Power Semiconductor (688368) - Net Assets

Latest as of September 2025: CN¥1.17 Billion CNY ≈ $171.49 Million USD

Based on the latest financial reports, Shanghai Bright Power Semiconductor (688368) has net assets worth CN¥1.17 Billion CNY (≈ $171.49 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¥1.97 Billion ≈ $288.86 Million USD) and total liabilities (CN¥802.06 Million ≈ $117.37 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 Shanghai Bright Power Semiconductor liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore 688368 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Shanghai Bright Power Semiconductor (688368) total market value.

Year	Net Assets	Change
2024-12-31	CN¥1.32 Billion ≈ $192.73 Million	-10.49%
2023-12-31	CN¥1.47 Billion ≈ $215.32 Million	-3.61%
2022-12-31	CN¥1.53 Billion ≈ $223.39 Million	-19.95%
2021-12-31	CN¥1.91 Billion ≈ $279.05 Million	+49.39%
2020-12-31	CN¥1.28 Billion ≈ $186.80 Million	+12.70%
2019-12-31	CN¥1.13 Billion ≈ $165.75 Million	+348.48%
2018-12-31	CN¥252.57 Million ≈ $36.96 Million	+21.34%
2017-12-31	CN¥208.15 Million ≈ $30.46 Million	+109.56%
2016-12-31	CN¥99.33 Million ≈ $14.54 Million	-49.91%
2015-12-31	CN¥198.32 Million ≈ $29.02 Million	+14.66%
2014-12-31	CN¥172.96 Million ≈ $25.31 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
Zhejiang Expressway Co. Ltd F:ZHJ	$2.00 Billion
Establishment Labs Holdings Inc NASDAQ:ESTA	$2.00 Billion
Sinosoft Co Ltd SHG:603927	$2.00 Billion
Ningbo Tip Rubber Technology Co Ltd SHG:605255	$2.00 Billion
Mesoblast Ltd AU:MSB	$2.00 Billion
Xiamen Solex High-Tech Industries Co Ltd SHG:603992	$2.00 Billion
Electra Ltd TA:ELTR	$2.00 Billion
Dongfang Electric Corporation Limited F:DEU	$2.00 Billion

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: 10.66x
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 8.92x to 10.66x 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¥154.30	x
2015-12-31	CN¥18.55	CN¥154.30	x
2016-12-31	CN¥2.99	CN¥154.30	x
2017-12-31	CN¥4.54	CN¥154.30	x
2018-12-31	CN¥5.47	CN¥154.30	x
2019-12-31	CN¥18.39	CN¥154.30	x
2020-12-31	CN¥20.29	CN¥154.30	x
2021-12-31	CN¥29.73	CN¥154.30	x
2022-12-31	CN¥24.40	CN¥154.30	x
2023-12-31	CN¥21.94	CN¥154.30	x
2024-12-31	CN¥14.47	CN¥154.30	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: $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
Shanghai Bright Power Semiconductor (688368)	CN¥1.17 Billion	38.67%	0.68x	$2.00 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 Shanghai Bright Power Semiconductor

SHG:688368 China Semiconductors

Market Cap

$2.00 Billion

CN¥13.66 Billion CNY

Market Cap Rank

#6263 Global

#1385 in China

Share Price

CN¥154.30

Change (1 day)

+5.50%

52-Week Range

CN¥81.11 - CN¥170.59

All Time High

CN¥565.76