Union Semiconductor (Hefei) Co. Ltd. A (688403) - Net Assets
Based on the latest financial reports, Union Semiconductor (Hefei) Co. Ltd. A (688403) has net assets worth CN¥4.03 Billion CNY (≈ $589.16 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¥5.05 Billion ≈ $738.25 Million USD) and total liabilities (CN¥1.02 Billion ≈ $149.10 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. Check tangible equity quality of Union Semiconductor (Hefei) Co. Ltd. A to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.03 Billion |
| % of Total Assets | 79.8% |
| Annual Growth Rate | 25.45% |
| 5-Year Change | 154.66% |
| 10-Year Change | N/A |
| Growth Volatility | 39.58 |
Union Semiconductor (Hefei) Co. Ltd. A - Net Assets Trend (2020–2025)
This chart illustrates how Union Semiconductor (Hefei) Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See Union Semiconductor (Hefei) Co. Ltd. A (688403) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Union Semiconductor (Hefei) Co. Ltd. A (2020–2025)
The table below shows the annual net assets of Union Semiconductor (Hefei) Co. Ltd. A from 2020 to 2025. For live valuation and market cap data, see Union Semiconductor (Hefei) Co. Ltd. A (688403) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.55 Billion ≈ $519.33 Million |
+10.87% |
| 2024-12-31 | CN¥3.20 Billion ≈ $468.42 Million |
+2.20% |
| 2023-12-31 | CN¥3.13 Billion ≈ $458.31 Million |
+7.86% |
| 2022-12-31 | CN¥2.90 Billion ≈ $424.90 Million |
+108.36% |
| 2021-12-31 | CN¥1.39 Billion ≈ $203.93 Million |
+21.98% |
| 2020-12-31 | CN¥1.14 Billion ≈ $167.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Union Semiconductor (Hefei) 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 88957711393.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥237.19 Million | 6.68% |
| Other Components | CN¥3.31 Billion | 93.32% |
| Total Equity | CN¥3.55 Billion | 100.00% |
Union Semiconductor (Hefei) Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Union Semiconductor (Hefei) Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BillionToOne, Inc. Class A Common Stock
NASDAQ:BLLN
|
$4.36 Billion |
|
China Wafer Level Csp Co Ltd
SHG:603005
|
$4.36 Billion |
|
Cabot Corporation
NYSE:CBT
|
$4.36 Billion |
|
Belden Inc
NYSE:BDC
|
$4.37 Billion |
|
Forehope Electronic (Ningbo) Co. Ltd. A
SHG:688362
|
$4.35 Billion |
|
ShenZhen YUTO Packaging Technology Co Ltd
SHE:002831
|
$4.35 Billion |
|
1&1 AG
XETRA:1U1
|
$4.35 Billion |
|
China Vanke Co Ltd Class A
SHE:000002
|
$4.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Union Semiconductor (Hefei) Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,201,070,921 to 3,548,994,652, a change of 347,923,732 (10.9%).
- Net income of 154,730,589 contributed positively to equity growth.
- Dividend payments of 81,955,537 reduced retained earnings.
- Other factors increased equity by 275,148,680.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥154.73 Million | +4.36% |
| Dividends Paid | CN¥81.96 Million | -2.31% |
| Other Changes | CN¥275.15 Million | +7.75% |
| Total Change | CN¥- | 10.87% |
Book Value vs Market Value Analysis
This analysis compares Union Semiconductor (Hefei) 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: 7.36x
- 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 17.57x to 7.36x 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¥1.71 | CN¥30.05 | x |
| 2021-12-31 | CN¥2.09 | CN¥30.05 | x |
| 2022-12-31 | CN¥3.48 | CN¥30.05 | x |
| 2023-12-31 | CN¥3.75 | CN¥30.05 | x |
| 2024-12-31 | CN¥3.82 | CN¥30.05 | x |
| 2025-12-31 | CN¥4.08 | CN¥30.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Union Semiconductor (Hefei) 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): 4.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.68%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.37x
- Recent ROE (4.36%) is below the historical average (5.24%), 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 | -0.35% | -0.65% | 0.35x | 1.53x | CN¥-118.25 Million |
| 2021 | 10.07% | 17.63% | 0.39x | 1.46x | CN¥958.05K |
| 2022 | 6.10% | 18.86% | 0.29x | 1.10x | CN¥-113.15 Million |
| 2023 | 6.26% | 15.83% | 0.34x | 1.15x | CN¥-117.22 Million |
| 2024 | 4.99% | 10.64% | 0.33x | 1.43x | CN¥-160.34 Million |
| 2025 | 4.36% | 8.68% | 0.37x | 1.37x | CN¥-200.17 Million |
Industry Comparison
This section compares Union Semiconductor (Hefei) Co. Ltd. A's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $758,137,872
- Average return on equity (ROE) among peers: 7.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Union Semiconductor (Hefei) Co. Ltd. A (688403) | CN¥4.03 Billion | -0.35% | 0.25x | $4.36 Billion |
| UniTTEC Co Ltd (000925) | $3.09 Billion | 1.86% | 1.43x | $807.63 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $87.45 Million | 17.73% | 0.92x | $9.99 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $238.46 Million | 1.47% | 0.52x | $1.34 Billion |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $150.59 Million | 29.58% | 0.75x | $1.83 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $552.98 Million | 1.15% | 0.72x | $1.90 Billion |
| Tianjin Printronics Circuit Corp (002134) | $609.67 Million | -14.49% | 0.33x | $1.09 Billion |
| Tatwah Smartech Co Ltd (002512) | $318.94 Million | -63.28% | 6.24x | $640.43 Million |
| Chutian Dragon Co Ltd (003040) | $916.47 Million | 6.34% | 0.58x | $791.53 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $63.06 Million | 81.02% | 3.66x | $5.87 Million |
| Nations Technologies Inc (300077) | $1.55 Billion | 14.11% | 0.72x | $1.99 Billion |
About Union Semiconductor (Hefei) Co. Ltd. A
Union Semiconductor (Hefei) Co., Ltd. provides packaging and testing services for integrated circuits to display driver chip design companies in China and internationally. The company provides bump manufacturing (bumping), wafer testing (CP), chip on glass (COG), and chip on film (COF) processing services. Its products are used primarily in smartphones, HDTVs, laptops, tablets, automotive electro… Read more