GRINM Semiconductor Materials Co. Ltd. A

SHG:688432 China Semiconductor Equipment & Materials
Market Cap
$2.60 Billion
CN¥19.07 Billion CNY
Market Cap Rank
#9564 Global
#1984 in China
Share Price
CN¥15.25
Change (1 day)
-1.61%
52-Week Range
CN¥9.75 - CN¥17.95
All Time High
CN¥21.77
About

GRINM Semiconductor Materials Co., Ltd. engages in the research, development, production, and operation of silicon and other semiconductor materials and equipment in China. The company offers silicon single crystals and silicon wafers for IC, large-diameter silicon single crystals and products for the IC etching process, FZ silicon crystals and silicon wafers,polycrystalline products,and semicond… Read more

GRINM Semiconductor Materials Co. Ltd. A (688432) - Net Assets

Latest net assets as of June 2025: CN¥4.85 Billion CNY

Based on the latest financial reports, GRINM Semiconductor Materials Co. Ltd. A (688432) has net assets worth CN¥4.85 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¥5.29 Billion) and total liabilities (CN¥440.36 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¥4.85 Billion
% of Total Assets 91.68%
Annual Growth Rate 33.7%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 36.33

GRINM Semiconductor Materials Co. Ltd. A - Net Assets Trend (2020–2024)

This chart illustrates how GRINM Semiconductor Materials 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 GRINM Semiconductor Materials Co. Ltd. A (2020–2024)

The table below shows the annual net assets of GRINM Semiconductor Materials Co. Ltd. A from 2020 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.80 Billion +4.72%
2023-12-31 CN¥4.58 Billion +4.11%
2022-12-31 CN¥4.40 Billion +90.71%
2021-12-31 CN¥2.31 Billion +53.66%
2020-12-31 CN¥1.50 Billion --

Equity Component Analysis

This analysis shows how different components contribute to GRINM Semiconductor Materials 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 95676230077.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥828.64 Million 19.09%
Other Components CN¥3.51 Billion 80.91%
Total Equity CN¥4.34 Billion 100.00%

GRINM Semiconductor Materials Co. Ltd. A Competitors by Market Cap

The table below lists competitors of GRINM Semiconductor Materials Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in GRINM Semiconductor Materials Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,147,998,365 to 4,341,587,040, a change of 193,588,675 (4.7%).
  • Net income of 232,903,753 contributed positively to equity growth.
  • Dividend payments of 12,440,657 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥232.90 Million +5.36%
Dividends Paid CN¥12.44 Million -0.29%
Other Changes CN¥-26.87 Million -0.62%
Total Change CN¥- 4.67%

Book Value vs Market Value Analysis

This analysis compares GRINM Semiconductor Materials 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: 4.38x
  • 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 13.47x to 4.38x 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¥1.13 CN¥15.25 x
2021-12-31 CN¥1.85 CN¥15.25 x
2022-12-31 CN¥3.19 CN¥15.25 x
2023-12-31 CN¥3.32 CN¥15.25 x
2024-12-31 CN¥3.48 CN¥15.25 x

Capital Efficiency Dashboard

This dashboard shows how efficiently GRINM Semiconductor Materials 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): 5.36%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 23.39%
  • • Asset Turnover: 0.19x
  • • Equity Multiplier: 1.24x
  • Recent ROE (5.36%) is below the historical average (7.47%), 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 9.46% 20.41% 0.24x 1.91x CN¥-6.48 Million
2021 7.55% 17.07% 0.29x 1.52x CN¥-48.07 Million
2022 8.82% 29.89% 0.24x 1.25x CN¥-46.97 Million
2023 6.13% 26.47% 0.19x 1.22x CN¥-160.62 Million
2024 5.36% 23.39% 0.19x 1.24x CN¥-201.25 Million

Industry Comparison

This section compares GRINM Semiconductor Materials 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: $20,570,804,952
  • Average return on equity (ROE) among peers: 8.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
GRINM Semiconductor Materials Co. Ltd. A (688432) CN¥4.85 Billion 9.46% 0.09x $578.35 Million
TCL Corp (000100) $132.14 Billion 0.20% 1.72x $11.00 Billion
Inner Mongolia Ojing Science & Technology Co. Ltd. A (001269) $470.47 Million 28.36% 1.12x $193.39 Million
TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) $47.06 Billion 14.49% 1.32x $3.68 Billion
TongFu Microelectronics Co Ltd (002156) $222.39 Million 16.98% 3.34x $6.97 Billion
Tianshui Huatian Technology Co Ltd (002185) $19.12 Billion 1.18% 0.76x $4.61 Billion
NAURA Technology Group Co Ltd (002371) $3.36 Billion 2.76% 0.94x $23.27 Billion
Jiangsu Yoke Technology Co Ltd (002409) $1.25 Billion 6.30% 0.11x $3.07 Billion
Guangdong Huafeng New Energy Technology Co Ltd (002806) $1.01 Billion 8.50% 1.05x $204.60 Million
Zhejiang Mtcn Technology Co Ltd (003026) $44.34 Million 1.04% 0.46x $308.98 Million
Hubei Tech Semiconductors Co (300046) $1.03 Billion 4.28% 0.07x $823.72 Million