Shanghai Bright Power Semiconductor Net Assets
Shanghai Bright Power Semiconductor net assets. Based on the latest financial reports, Shanghai Bright Power Semiconductor (688368) has net assets worth CN¥3.24 Billion CNY (≈ $474.57 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.81 Billion ≈ $849.65 Million USD) and total liabilities (CN¥2.56 Billion ≈ $375.08 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. Also explore how fast is Shanghai Bright Power Semiconductor growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.24 Billion |
| % of Total Assets | 55.85% |
| Annual Growth Rate | 30.26% |
| 5-Year Change | 66.22% |
| 10-Year Change | 3091.17% |
| Growth Volatility | 106.76 |
Net Assets of Shanghai Bright Power Semiconductor (2014–2025)
Net assets of Shanghai Bright Power Semiconductor from 2014 to 2025. This chart illustrates how Shanghai Bright Power Semiconductor's net assets have evolved over time, based on quarterly financial data. See Shanghai Bright Power Semiconductor (688368) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Shanghai Bright Power Semiconductor (2014–2025)
The table below shows the annual net assets of Shanghai Bright Power Semiconductor from 2014 to 2025. For live market cap and overall valuation, see market value of Shanghai Bright Power Semiconductor.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.17 Billion ≈ $463.84 Million |
+140.66% |
| 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 |
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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 58.2% over the analyzed period, indicating profitable operations and earnings retention.
Shanghai Bright Power Semiconductor Net Assets Breakdown (December 2025)
Shanghai Bright Power Semiconductor net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥227.80 Million | 19.44% |
| Other Comprehensive Income | CN¥1.17 Billion | 100.00% |
| Total Equity | CN¥1.17 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 |
|---|---|
|
OneStream, Inc. Class A Common Stock
NASDAQ:OS
|
$2.44 Billion |
|
Santos Brasil Participações S.A
SA:STBP3
|
$2.45 Billion |
|
China Resources Double-Crane Pharmaceutical Co Ltd
SHG:600062
|
$2.45 Billion |
|
Tofas Turk Otomobil Fabrikasi AS
IS:TOASO
|
$2.45 Billion |
|
State Grid Information&Communication Co Ltd
SHG:600131
|
$2.44 Billion |
|
Pharvaris BV
NASDAQ:PHVS
|
$2.44 Billion |
|
Bure Equity AB
ST:BURE
|
$2.44 Billion |
|
Kalpataru Projects International Ltd.
NSE:KPIL
|
$2.44 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 2024 to 2025, total equity changed from 1,258,862,606 to 1,171,961,000, a change of -86,901,606 (-6.9%).
- Net income of 35,604,600 contributed positively to equity growth.
- Dividend payments of 53,407,218 reduced retained earnings.
- Other comprehensive income increased equity by 1,006,970,169.
- Other factors decreased equity by 1,076,069,157.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥35.60 Million | +3.04% |
| Dividends Paid | CN¥53.41 Million | -4.56% |
| Other Comprehensive Income | CN¥1.01 Billion | +85.92% |
| Other Changes | CN¥-1.08 Billion | -91.82% |
| Total Change | CN¥- | -6.90% |
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: 6.23x
- 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 6.63x to 6.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥12.36 | CN¥81.97 | x |
| 2015-12-31 | CN¥13.25 | CN¥81.97 | x |
| 2016-12-31 | CN¥2.13 | CN¥81.97 | x |
| 2017-12-31 | CN¥3.24 | CN¥81.97 | x |
| 2018-12-31 | CN¥3.90 | CN¥81.97 | x |
| 2019-12-31 | CN¥16.56 | CN¥81.97 | x |
| 2020-12-31 | CN¥14.50 | CN¥81.97 | x |
| 2021-12-31 | CN¥21.23 | CN¥81.97 | x |
| 2022-12-31 | CN¥17.43 | CN¥81.97 | x |
| 2023-12-31 | CN¥15.73 | CN¥81.97 | x |
| 2024-12-31 | CN¥14.47 | CN¥81.97 | x |
| 2025-12-31 | CN¥13.17 | CN¥81.97 | 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): 3.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.27%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.70x
- Recent ROE (3.04%) is below the historical average (14.73%), 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 |
| 2025 | 3.04% | 2.27% | 0.79x | 1.70x | CN¥-81.59 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: $1,148,854,845
- Average return on equity (ROE) among peers: 7.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Bright Power Semiconductor (688368) | CN¥3.24 Billion | 38.67% | 0.79x | $2.44 Billion |
| UniTTEC Co Ltd (000925) | $399.65 Million | 4.88% | 0.35x | $671.04 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $100.68 Million | 17.06% | 1.00x | $5.99 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $543.84 Million | 12.98% | 0.26x | $811.93 Million |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $1.29 Billion | 1.77% | 0.15x | $1.03 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $181.99 Million | 23.28% | 2.07x | $957.18 Million |
| Tianjin Printronics Circuit Corp (002134) | $710.96 Million | 2.48% | 0.13x | $598.57 Million |
| Tatwah Smartech Co Ltd (002512) | $1.33 Billion | 3.74% | 3.12x | $558.16 Million |
| Chutian Dragon Co Ltd (003040) | $1.44 Billion | 0.50% | 0.36x | $824.59 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $1.23 Billion | 6.94% | 0.18x | $3.52 Million |
| Hubei Dinglong Chemical (300054) | $4.26 Billion | 5.02% | 0.20x | $7.57 Billion |
About 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. It als… Read more