Shanghai V-Test Semiconductor Tech Co. Ltd. A Net Assets
Shanghai V-Test Semiconductor Tech Co. Ltd. A net assets. Based on the latest financial reports, Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) has net assets worth CN¥4.18 Billion CNY (≈ $611.22 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¥8.75 Billion ≈ $1.28 Billion USD) and total liabilities (CN¥4.57 Billion ≈ $668.55 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 688372 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.18 Billion |
| % of Total Assets | 47.76% |
| Annual Growth Rate | 39.26% |
| 5-Year Change | 230.09% |
| 10-Year Change | N/A |
| Growth Volatility | 61.08 |
Net Assets of Shanghai V-Test Semiconductor Tech Co. Ltd. A (2020–2025)
Net assets of Shanghai V-Test Semiconductor Tech Co. Ltd. A from 2020 to 2025. This chart illustrates how Shanghai V-Test Semiconductor Tech Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See Shanghai V-Test Semiconductor Tech Co. L balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Shanghai V-Test Semiconductor Tech Co. Ltd. A (2020–2025)
The table below shows the annual net assets of Shanghai V-Test Semiconductor Tech Co. Ltd. A from 2020 to 2025. For live market cap and overall valuation, see 688372 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.97 Billion ≈ $434.22 Million |
+13.30% |
| 2024-12-31 | CN¥2.62 Billion ≈ $383.25 Million |
+6.52% |
| 2023-12-31 | CN¥2.46 Billion ≈ $359.78 Million |
+3.31% |
| 2022-12-31 | CN¥2.38 Billion ≈ $348.25 Million |
+164.73% |
| 2021-12-31 | CN¥898.96 Million ≈ $131.55 Million |
+58.61% |
| 2020-12-31 | CN¥566.78 Million ≈ $82.94 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 2870.9% over the analyzed period, indicating profitable operations and earnings retention.
Shanghai V-Test Semiconductor Tech Co. Ltd. A Net Assets Breakdown (December 2025)
Shanghai V-Test Semiconductor Tech Co. Ltd. A net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥767.19 Million | 25.85% |
| Other Components | CN¥2.20 Billion | 74.15% |
| Total Equity | CN¥2.97 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 |
|---|---|
|
Global Industrial Co
NYSE:GIC
|
$1.62 Billion |
|
Tibet Cheezheng Tibetan Medicine Co Ltd
SHE:002287
|
$1.62 Billion |
|
SBT Ultrasonic Technology Co. Ltd. A
SHG:688392
|
$1.62 Billion |
|
AlzChem Group AG
XETRA:ACT
|
$1.62 Billion |
|
SLC Agrícola S.A
SA:SLCE3
|
$1.62 Billion |
|
ANI Pharmaceuticals Inc
NASDAQ:ANIP
|
$1.62 Billion |
|
Siltronic AG
XETRA:WAF
|
$1.62 Billion |
|
Zhejiang CONBA Pharmaceutical Co Ltd
SHG:600572
|
$1.62 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 2024 to 2025, total equity changed from 2,619,076,189 to 2,967,369,721, a change of 348,293,532 (13.3%).
- Net income of 303,198,636 contributed positively to equity growth.
- Dividend payments of 91,230,232 reduced retained earnings.
- Other factors increased equity by 136,325,128.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥303.20 Million | +10.22% |
| Dividends Paid | CN¥91.23 Million | -3.07% |
| Other Changes | CN¥136.33 Million | +4.59% |
| Total Change | CN¥- | 13.30% |
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: 3.29x
- 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 9.22x to 3.29x 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¥65.57 | x |
| 2021-12-31 | CN¥10.57 | CN¥65.57 | x |
| 2022-12-31 | CN¥20.99 | CN¥65.57 | x |
| 2023-12-31 | CN¥21.69 | CN¥65.57 | x |
| 2024-12-31 | CN¥23.01 | CN¥65.57 | x |
| 2025-12-31 | CN¥19.91 | CN¥65.57 | 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): 10.22%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.26%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.60x
- Recent ROE (10.22%) is above the historical average (8.50%), indicating improving 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 |
| 2025 | 10.22% | 19.26% | 0.20x | 2.60x | CN¥6.46 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: $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 V-Test Semiconductor Tech Co. Ltd. A (688372) | CN¥4.18 Billion | 6.15% | 1.09x | $1.62 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 V-Test Semiconductor Tech Co. Ltd. A
Shanghai V-Test Semiconductor Tech. Co., Ltd. operates as an integrated circuit testing provider company in China. It offers AOI, chip probing test, final test, system level test, burn in test, in tray mark, and lead scan solutions, as well as wafer testing test solution development services. The company also engages in testing equipment rental and the sale of test consumables. Its products are u… Read more