Shenzhen Newway Photomask Making Co. Ltd. A
Shenzhen Newway Photomask Making Co., Ltd, a lithography company, engages in the design, development, and production of mask products in China. The company offers large, small, and medium sized masks for applications in the fields of mask plates for TP touch screens; LCD, AMOLED, LTPS, LTPO, mini LED, micro-LED, silicon-based OLED, and F-gamma masks, etc; and semiconductor masks. The company was … Read more
Shenzhen Newway Photomask Making Co. Ltd. A (688401) - Net Assets
Latest net assets as of June 2025: CN¥1.52 Billion CNY
Based on the latest financial reports, Shenzhen Newway Photomask Making Co. Ltd. A (688401) has net assets worth CN¥1.52 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¥3.01 Billion) and total liabilities (CN¥1.49 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¥1.52 Billion |
| % of Total Assets | 50.54% |
| Annual Growth Rate | 33.06% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 70.2 |
Shenzhen Newway Photomask Making Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Shenzhen Newway Photomask Making 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 Shenzhen Newway Photomask Making Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Shenzhen Newway Photomask Making Co. Ltd. A from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.39 Billion | -7.80% |
| 2023-12-31 | CN¥1.51 Billion | +8.39% |
| 2022-12-31 | CN¥1.39 Billion | +166.81% |
| 2021-12-31 | CN¥522.34 Million | +17.57% |
| 2020-12-31 | CN¥444.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Newway Photomask Making 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 876.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥462.11 Million | 33.20% |
| Other Components | CN¥929.79 Million | 66.80% |
| Total Equity | CN¥1.39 Billion | 100.00% |
Shenzhen Newway Photomask Making Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shenzhen Newway Photomask Making Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Construction Investment Group Co Ltd
SHE:002761
|
$679.46 Million |
|
Heineken Bhd
KLSE:3255
|
$679.48 Million |
|
Sumitomo Osaka Cement Co. Ltd
F:SU2
|
$679.54 Million |
|
Olav Thon Eiendomsselskap ASA
LSE:0FHP
|
$679.67 Million |
|
Rastar Group
SHE:300043
|
$679.18 Million |
|
John B Sanfilippo & Son Inc
NASDAQ:JBSS
|
$679.15 Million |
|
Almirall S.A
PINK:LBTSF
|
$678.91 Million |
|
National Presto Industries Inc
NYSE:NPK
|
$678.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Newway Photomask Making Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,461,670,577 to 1,391,895,737, a change of -69,774,840 (-4.8%).
- Net income of 190,862,199 contributed positively to equity growth.
- Dividend payments of 63,470,030 reduced retained earnings.
- Other factors decreased equity by 197,167,009.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥190.86 Million | +13.71% |
| Dividends Paid | CN¥63.47 Million | -4.56% |
| Other Changes | CN¥-197.17 Million | -14.17% |
| Total Change | CN¥- | -4.77% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Newway Photomask Making 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: 7.09x
- 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 18.04x to 7.09x 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¥2.83 | CN¥51.03 | x |
| 2021-12-31 | CN¥3.19 | CN¥51.03 | x |
| 2022-12-31 | CN¥6.95 | CN¥51.03 | x |
| 2023-12-31 | CN¥7.56 | CN¥51.03 | x |
| 2024-12-31 | CN¥7.20 | CN¥51.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Newway Photomask Making 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): 13.71%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.80%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.61x
- Recent ROE (13.71%) is above the historical average (10.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 7.91% | 8.08% | 0.31x | 3.18x | CN¥-8.55 Million |
| 2021 | 11.30% | 10.60% | 0.38x | 2.83x | CN¥6.01 Million |
| 2022 | 8.92% | 18.72% | 0.33x | 1.44x | CN¥-14.55 Million |
| 2023 | 10.18% | 22.13% | 0.29x | 1.59x | CN¥2.63 Million |
| 2024 | 13.71% | 21.80% | 0.39x | 1.61x | CN¥51.67 Million |
Industry Comparison
This section compares Shenzhen Newway Photomask Making Co. Ltd. A's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $10,412,990,462
- Average return on equity (ROE) among peers: 2.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Newway Photomask Making Co. Ltd. A (688401) | CN¥1.52 Billion | 7.91% | 0.98x | $679.21 Million |
| TCL Corp (000100) | $90.06 Billion | 4.87% | 1.86x | $11.22 Billion |
| Inner Mongolia Ojing Science & Technology Co. Ltd. A (001269) | $1.06 Billion | -50.46% | 1.08x | $197.75 Million |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $1.58 Billion | 8.99% | 0.30x | $3.73 Billion |
| TongFu Microelectronics Co Ltd (002156) | $272.18 Million | 18.36% | 3.59x | $7.21 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $1.97 Billion | 10.09% | 0.80x | $4.80 Billion |
| NAURA Technology Group Co Ltd (002371) | $1.96 Billion | 2.13% | 0.98x | $23.52 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $4.26 Billion | 3.12% | 0.12x | $3.19 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $1.24 Billion | 5.06% | 0.54x | $209.32 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $884.27 Million | 14.85% | 0.41x | $318.17 Million |
| Hubei Tech Semiconductors Co (300046) | $846.73 Million | 6.91% | 0.08x | $805.19 Million |