Hi-Trend Tech(Shanghai)Co Ltd
Hi-Trend Technology (Shanghai) Co., Ltd. designs, develops, and sells integrated circuit (IC) products in China. The company's products portfolio includes communication ICs, such as narrow-band & low-speed BPSK SoC chips, narrow-band & high-speed OFDM SoC chips, broad-band & high-speed HPLC SoC chips, and broad-band & double module HPRC SoC chips, etc.; metering products, including three-phase me… Read more
Hi-Trend Tech(Shanghai)Co Ltd (688391) - Net Assets
Latest net assets as of June 2025: CN¥1.85 Billion CNY
Based on the latest financial reports, Hi-Trend Tech(Shanghai)Co Ltd (688391) has net assets worth CN¥1.85 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¥2.04 Billion) and total liabilities (CN¥189.63 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¥1.85 Billion |
| % of Total Assets | 90.7% |
| Annual Growth Rate | 65.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 237.5 |
Hi-Trend Tech(Shanghai)Co Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Hi-Trend Tech(Shanghai)Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hi-Trend Tech(Shanghai)Co Ltd (2020–2024)
The table below shows the annual net assets of Hi-Trend Tech(Shanghai)Co Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.87 Billion | -8.44% |
| 2023-12-31 | CN¥2.04 Billion | +2.11% |
| 2022-12-31 | CN¥2.00 Billion | +553.56% |
| 2021-12-31 | CN¥305.73 Million | +23.52% |
| 2020-12-31 | CN¥247.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hi-Trend Tech(Shanghai)Co Ltd'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 337.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥379.32 Million | 20.31% |
| Other Components | CN¥1.49 Billion | 79.69% |
| Total Equity | CN¥1.87 Billion | 100.00% |
Hi-Trend Tech(Shanghai)Co Ltd Competitors by Market Cap
The table below lists competitors of Hi-Trend Tech(Shanghai)Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd
SHE:300478
|
$245.84 Million |
|
Northpointe Bancshares, Inc.
NYSE:NPB
|
$246.05 Million |
|
Shandong Longquan Pipeline Engineering Co Ltd
SHE:002671
|
$246.08 Million |
|
Guangdong Senssun Weighing Apparatus Group Ltd
SHE:002870
|
$246.11 Million |
|
ITERIS INC. (NEW) DL-01
F:FQH
|
$245.76 Million |
|
Suntar Environmental Technology Co
SHG:688101
|
$245.73 Million |
|
JUDGES SCIENTIFIC LS -05
F:IUF
|
$245.71 Million |
|
Johnson Outdoors Inc
NASDAQ:JOUT
|
$245.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hi-Trend Tech(Shanghai)Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,040,312,903 to 1,868,040,636, a change of -172,272,267 (-8.4%).
- Net income of 93,593,565 contributed positively to equity growth.
- Dividend payments of 65,894,270 reduced retained earnings.
- Other factors decreased equity by 199,971,562.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥93.59 Million | +5.01% |
| Dividends Paid | CN¥65.89 Million | -3.53% |
| Other Changes | CN¥-199.97 Million | -10.7% |
| Total Change | CN¥- | -8.44% |
Book Value vs Market Value Analysis
This analysis compares Hi-Trend Tech(Shanghai)Co Ltd'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: 1.92x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.48x to 1.92x 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¥2.73 | CN¥31.29 | x |
| 2021-12-31 | CN¥3.37 | CN¥31.29 | x |
| 2022-12-31 | CN¥16.50 | CN¥31.29 | x |
| 2023-12-31 | CN¥16.85 | CN¥31.29 | x |
| 2024-12-31 | CN¥16.30 | CN¥31.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hi-Trend Tech(Shanghai)Co Ltd 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): 5.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.81%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.08x
- Recent ROE (5.01%) is below the historical average (15.94%), 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 | 25.09% | 16.39% | 1.17x | 1.31x | CN¥37.36 Million |
| 2021 | 33.17% | 20.31% | 1.19x | 1.38x | CN¥70.83 Million |
| 2022 | 10.01% | 28.18% | 0.32x | 1.09x | CN¥237.74K |
| 2023 | 6.44% | 21.80% | 0.28x | 1.06x | CN¥-72.60 Million |
| 2024 | 5.01% | 15.81% | 0.29x | 1.08x | CN¥-93.21 Million |
Industry Comparison
This section compares Hi-Trend Tech(Shanghai)Co Ltd'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 |
|---|---|---|---|---|
| Hi-Trend Tech(Shanghai)Co Ltd (688391) | CN¥1.85 Billion | 25.09% | 0.10x | $245.77 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 |