Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A
Guizhou Zhenhua Fengguang Semiconductor Co., Ltd. designs, develops, manufactures, and sells integrated circuits in China. It offers hybrid, monolithic, and other integrated circuits, converters, and semiconductors. The company was founded in 1971 and is based in Guiyang, China.
Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A (688439) - Net Assets
Latest net assets as of June 2025: CN¥5.01 Billion CNY
Based on the latest financial reports, Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A (688439) has net assets worth CN¥5.01 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¥5.53 Billion) and total liabilities (CN¥514.86 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¥5.01 Billion |
| % of Total Assets | 90.69% |
| Annual Growth Rate | 113.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 229.98 |
Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Guizhou Zhenhua Fengguang Semiconductor 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 Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.99 Billion | +4.65% |
| 2023-12-31 | CN¥4.77 Billion | +12.33% |
| 2022-12-31 | CN¥4.24 Billion | +570.66% |
| 2021-12-31 | CN¥632.67 Million | +162.38% |
| 2020-12-31 | CN¥241.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guizhou Zhenhua Fengguang Semiconductor 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 1984.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥851.27 Million | 17.28% |
| Other Components | CN¥4.07 Billion | 82.72% |
| Total Equity | CN¥4.93 Billion | 100.00% |
Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Sierte Fertilizer Industry Ltd Co
SHE:002538
|
$589.13 Million |
|
Smarter Microelectronics (Guangzhou) Co. Ltd. A
SHG:688512
|
$589.31 Million |
|
Wuxi Best Precision Machinery Co Ltd
SHE:300580
|
$589.33 Million |
|
Ongoal Technology Co., Ltd.
SHE:301662
|
$589.34 Million |
|
Aadhar Housing Finance Ltd
NSE:AADHARHFC
|
$588.72 Million |
|
Guangzhou Ruoyuchen Information Tec
SHE:003010
|
$588.69 Million |
|
Lexinfintech Holdings Ltd
NASDAQ:LX
|
$588.61 Million |
|
Jiangsu Province Commun
SHG:603018
|
$588.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,728,955,491 to 4,925,550,712, a change of 196,595,221 (4.2%).
- Net income of 322,537,721 contributed positively to equity growth.
- Dividend payments of 142,465,558 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥322.54 Million | +6.55% |
| Dividends Paid | CN¥142.47 Million | -2.89% |
| Other Changes | CN¥16.52 Million | +0.34% |
| Total Change | CN¥- | 4.16% |
Book Value vs Market Value Analysis
This analysis compares Guizhou Zhenhua Fengguang Semiconductor 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: 2.32x
- 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 35.88x to 2.32x 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¥1.59 | CN¥57.05 | x |
| 2021-12-31 | CN¥4.13 | CN¥57.05 | x |
| 2022-12-31 | CN¥20.97 | CN¥57.05 | x |
| 2023-12-31 | CN¥23.64 | CN¥57.05 | x |
| 2024-12-31 | CN¥24.63 | CN¥57.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guizhou Zhenhua Fengguang Semiconductor 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): 6.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.34%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.11x
- Recent ROE (6.55%) is below the historical average (19.90%), 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 | 44.22% | 29.17% | 0.50x | 3.01x | CN¥81.59 Million |
| 2021 | 28.58% | 35.22% | 0.40x | 2.05x | CN¥115.01 Million |
| 2022 | 7.23% | 38.90% | 0.16x | 1.15x | CN¥-116.37 Million |
| 2023 | 12.91% | 47.07% | 0.24x | 1.13x | CN¥137.71 Million |
| 2024 | 6.55% | 30.34% | 0.19x | 1.11x | CN¥-170.02 Million |
Industry Comparison
This section compares Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A'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 |
|---|---|---|---|---|
| Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A (688439) | CN¥5.01 Billion | 44.22% | 0.10x | $588.86 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 |