Shanghai V-Test Semiconductor Tech Co. Ltd. A
Shanghai V-Test Semiconductor Tech. Co., Ltd. operates as an integrated circuit testing provider company in China. The company provides AOI, CP test, FT test, SLT test, burn in test, in tray mark, and lead scan solutions. It also offers wafer testing, chip product testing, and integrated circuit supporting; engages in testing equipment rental; and sales of testing auxiliary materials services. Th… Read more
Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) - Net Assets
Latest net assets as of June 2025: CN¥2.73 Billion CNY
Based on the latest financial reports, Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) has net assets worth CN¥2.73 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¥6.32 Billion) and total liabilities (CN¥3.59 Billion). 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¥2.73 Billion |
| % of Total Assets | 43.2% |
| Annual Growth Rate | 46.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 65.25 |
Shanghai V-Test Semiconductor Tech Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Shanghai V-Test Semiconductor Tech 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 Shanghai V-Test Semiconductor Tech Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Shanghai V-Test Semiconductor Tech Co. Ltd. A from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.62 Billion | +6.52% |
| 2023-12-31 | CN¥2.46 Billion | +3.31% |
| 2022-12-31 | CN¥2.38 Billion | +164.73% |
| 2021-12-31 | CN¥898.96 Million | +58.61% |
| 2020-12-31 | CN¥566.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai V-Test Semiconductor Tech 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 1884.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥512.36 Million | 19.56% |
| Other Components | CN¥2.11 Billion | 80.44% |
| Total Equity | CN¥2.62 Billion | 100.00% |
Shanghai V-Test Semiconductor Tech Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shanghai V-Test Semiconductor Tech Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
National Storage REIT
PINK:NTSGF
|
$1.81 Billion |
|
Caris Life Sciences, Inc. Common Stock
NASDAQ:CAI
|
$1.81 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
$1.81 Billion |
|
Elekta AB (publ)
PINK:EKTAF
|
$1.81 Billion |
|
Vera Therapeutics Inc
NASDAQ:VERA
|
$1.81 Billion |
|
Hammerson plc
PINK:HMSNF
|
$1.81 Billion |
|
Veeco Instruments Inc
NASDAQ:VECO
|
$1.81 Billion |
|
LTC Properties Inc
NYSE:LTC
|
$1.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai V-Test Semiconductor Tech Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,458,667,719 to 2,619,076,189, a change of 160,408,470 (6.5%).
- Net income of 128,228,784 contributed positively to equity growth.
- Dividend payments of 69,730,173 reduced retained earnings.
- Other factors increased equity by 101,909,859.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥128.23 Million | +4.9% |
| Dividends Paid | CN¥69.73 Million | -2.66% |
| Other Changes | CN¥101.91 Million | +3.89% |
| Total Change | CN¥- | 6.52% |
Book Value vs Market Value Analysis
This analysis compares Shanghai V-Test Semiconductor Tech 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: 5.93x
- 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 19.18x to 5.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥7.11 | CN¥136.34 | x |
| 2021-12-31 | CN¥10.57 | CN¥136.34 | x |
| 2022-12-31 | CN¥20.99 | CN¥136.34 | x |
| 2023-12-31 | CN¥21.69 | CN¥136.34 | x |
| 2024-12-31 | CN¥23.01 | CN¥136.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai V-Test Semiconductor Tech 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): 4.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.91%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.88x
- Recent ROE (4.90%) is below the historical average (8.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 6.15% | 21.62% | 0.19x | 1.53x | CN¥-21.83 Million |
| 2021 | 14.70% | 26.80% | 0.31x | 1.75x | CN¥42.28 Million |
| 2022 | 10.24% | 33.24% | 0.22x | 1.42x | CN¥5.64 Million |
| 2023 | 4.80% | 16.02% | 0.20x | 1.47x | CN¥-127.87 Million |
| 2024 | 4.90% | 11.91% | 0.22x | 1.88x | CN¥-133.68 Million |
Industry Comparison
This section compares Shanghai V-Test Semiconductor Tech 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 |
|---|---|---|---|---|
| Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) | CN¥2.73 Billion | 6.15% | 1.32x | $1.81 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 |