Maxic Technology Inc. A

SHG:688458 China Electronic Components
Market Cap
$576.74 Million
CN¥4.23 Billion CNY
Market Cap Rank
#12640 Global
#3158 in China
Share Price
CN¥37.94
Change (1 day)
-2.27%
52-Week Range
CN¥30.46 - CN¥49.42
All Time High
CN¥74.73
About

Maxic Technology, Inc. engages in the design and sale of analog and digital-analog hybrid integrated circuits (ICs) in China and internationally. It offers receiver and transmitter wireless charging products; AC-DC products, such as SSR and SR controllers, HV non-isolated CVs, and PFC and PSR controllers; protocol ICs; constant current drivers, including smart, linear, and general LED drivers, as… Read more

Maxic Technology Inc. A (688458) - Net Assets

Latest net assets as of June 2025: CN¥1.85 Billion CNY

Based on the latest financial reports, Maxic Technology Inc. A (688458) has net assets worth CN¥1.85 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¥1.95 Billion) and total liabilities (CN¥96.86 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¥1.85 Billion
% of Total Assets 95.03%
Annual Growth Rate 44.74%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 98.63

Maxic Technology Inc. A - Net Assets Trend (2021–2024)

This chart illustrates how Maxic Technology Inc. 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 Maxic Technology Inc. A (2021–2024)

The table below shows the annual net assets of Maxic Technology Inc. A from 2021 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.89 Billion -9.27%
2023-12-31 CN¥2.08 Billion +208.26%
2022-12-31 CN¥675.42 Million +8.45%
2021-12-31 CN¥622.80 Million --

Equity Component Analysis

This analysis shows how different components contribute to Maxic Technology Inc. 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 0.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥21.38 Million 1.13%
Other Components CN¥1.87 Billion 98.87%
Total Equity CN¥1.89 Billion 100.00%

Maxic Technology Inc. A Competitors by Market Cap

The table below lists competitors of Maxic Technology Inc. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Maxic Technology Inc. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,082,058,776 to 1,889,097,759, a change of -192,961,016 (-9.3%).
  • Net loss of 66,567,128 reduced equity.
  • Dividend payments of 7,887,931 reduced retained earnings.
  • Other factors decreased equity by 118,505,958.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-66.57 Million -3.52%
Dividends Paid CN¥7.89 Million -0.42%
Other Changes CN¥-118.51 Million -6.27%
Total Change CN¥- -9.27%

Book Value vs Market Value Analysis

This analysis compares Maxic Technology Inc. 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: 2.24x
  • 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 5.12x to 2.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2021-12-31 CN¥7.41 CN¥37.94 x
2022-12-31 CN¥8.04 CN¥37.94 x
2023-12-31 CN¥18.59 CN¥37.94 x
2024-12-31 CN¥16.94 CN¥37.94 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Maxic Technology Inc. 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): -3.52%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -16.47%
  • • Asset Turnover: 0.20x
  • • Equity Multiplier: 1.06x
  • Recent ROE (-3.52%) is below the historical average (2.74%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 5.24% 8.77% 0.54x 1.11x CN¥-29.67 Million
2022 7.79% 11.92% 0.59x 1.10x CN¥-14.95 Million
2023 1.45% 6.38% 0.22x 1.04x CN¥-178.05 Million
2024 -3.52% -16.47% 0.20x 1.06x CN¥-255.48 Million

Industry Comparison

This section compares Maxic Technology Inc. A's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $2,729,724,236
  • Average return on equity (ROE) among peers: 9.55%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Maxic Technology Inc. A (688458) CN¥1.85 Billion 5.24% 0.05x $311.06 Million
Shenzhen Zhongheng Huafa Co Ltd Class A (000020) $232.24 Million -19.09% 0.85x $268.56 Million
Shenzhen Desay Battery Technology Co Ltd (000049) $2.26 Billion 17.72% 2.90x $768.09 Million
CPT Technology Group Co Ltd (000536) $-18.89 Million 0.00% 0.00x $1.06 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) $12.01 Billion 2.72% 0.32x $2.22 Billion
Xiamen Xindeco Ltd (000701) $796.35 Million 5.67% 2.04x $315.64 Million
BOE Technology Group Co Ltd (000725) $5.52 Billion 12.51% 1.42x $20.18 Billion
China Zhenhua Group Science & Technology Co Ltd (000733) $5.38 Billion 5.53% 0.63x $2.54 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) $451.00 Million 7.52% 0.67x $1.39 Billion
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) $389.14 Million 20.02% 1.72x $174.91 Million
Shanghai Smart Control Co. Ltd. (001266) $268.16 Million 42.89% 0.50x $149.46 Million