GRINM Semiconductor Materials Co. Ltd. A (688432) - Net Assets
Based on the latest financial reports, GRINM Semiconductor Materials Co. Ltd. A (688432) has net assets worth CN¥4.85 Billion CNY (≈ $709.83 Million USD) 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 ≈ $774.27 Million USD) and total liabilities (CN¥440.36 Million ≈ $64.44 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 how tangible is GRINM Semiconductor Materials Co. Ltd. A's equity to evaluate the tangible quality of the company's equity base.
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. See GRINM Semiconductor Materials Co. Ltd. A (688432) defensive interval to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see GRINM Semiconductor Materials Co. Ltd. A (688432) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.80 Billion ≈ $701.94 Million |
+4.72% |
| 2023-12-31 | CN¥4.58 Billion ≈ $670.28 Million |
+4.11% |
| 2022-12-31 | CN¥4.40 Billion ≈ $643.81 Million |
+90.71% |
| 2021-12-31 | CN¥2.31 Billion ≈ $337.58 Million |
+53.66% |
| 2020-12-31 | CN¥1.50 Billion ≈ $219.69 Million |
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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.
| Company | Market Cap |
|---|---|
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
|
$4.66 Billion |
|
Wacker Chemie AG
XETRA:WCH
|
$4.66 Billion |
|
Boot Barn Holdings Inc
NYSE:BOOT
|
$4.66 Billion |
|
Luster LightTech Co. Ltd. Cl A
SHG:688400
|
$4.66 Billion |
|
Colliers International Group Inc Bats
TO:CIGI
|
$4.65 Billion |
|
Nanjing ESTUN Automation Co Ltd
SHE:002747
|
$4.65 Billion |
|
Sweco AB (publ)
ST:SWEC-B
|
$4.65 Billion |
|
Petronas Dagangan Bhd
KLSE:5681
|
$4.65 Billion |
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: 7.31x
- 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 22.47x to 7.31x 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¥25.44 | x |
| 2021-12-31 | CN¥1.85 | CN¥25.44 | x |
| 2022-12-31 | CN¥3.19 | CN¥25.44 | x |
| 2023-12-31 | CN¥3.32 | CN¥25.44 | x |
| 2024-12-31 | CN¥3.48 | CN¥25.44 | 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: $10,029,963,191
- Average return on equity (ROE) among peers: 10.47%
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 | $4.65 Billion |
| TCL Corp (000100) | $18.09 Billion | 2.39% | 1.96x | $15.22 Billion |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $41.67 Billion | 9.67% | 0.87x | $6.07 Billion |
| TongFu Microelectronics Co Ltd (002156) | $6.26 Billion | 1.95% | 0.94x | $15.16 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $6.52 Billion | 5.98% | 0.93x | $9.54 Billion |
| NAURA Technology Group Co Ltd (002371) | $24.82 Billion | 15.71% | 1.16x | $76.48 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $1.13 Billion | 6.43% | 0.15x | $10.46 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $352.03 Million | 7.46% | 0.51x | $668.80 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $222.27 Million | 21.95% | 0.58x | $718.10 Million |
| Hubei Tech Semiconductors Co (300046) | $1.11 Billion | 2.81% | 0.10x | $1.07 Billion |
| Shanghai Sinyang Semiconductor (300236) | $118.31 Million | 30.36% | 0.36x | $4.85 Billion |
About GRINM Semiconductor Materials Co. Ltd. A
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