Maxic Technology Inc. A (688458) - Net Assets
Based on the latest financial reports, Maxic Technology Inc. A (688458) has net assets worth CN¥1.85 Billion CNY (≈ $271.17 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¥1.95 Billion ≈ $285.34 Million USD) and total liabilities (CN¥96.86 Million ≈ $14.17 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 688458 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Maxic Technology Inc. A total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Maxic Technology Inc. A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.89 Billion ≈ $276.43 Million |
-9.27% |
| 2023-12-31 | CN¥2.08 Billion ≈ $304.67 Million |
+208.26% |
| 2022-12-31 | CN¥675.42 Million ≈ $98.84 Million |
+8.45% |
| 2021-12-31 | CN¥622.80 Million ≈ $91.14 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.
| Company | Market Cap |
|---|---|
|
Shanghai HiTech Control System
SHE:002184
|
$601.98 Million |
|
Keystone Electrical (Zhejiang) Co. Ltd. A
SHE:301448
|
$602.30 Million |
|
Wilh Wilhelmsen Holding ASA B
OL:WWIB
|
$602.39 Million |
|
Qingdao Kingking Applied Chemistry Co Ltd
SHE:002094
|
$602.56 Million |
|
Everjoy Health Group Co Ltd
SHE:002162
|
$601.58 Million |
|
Mutares SE & Co. KGaA
XETRA:MUX
|
$601.32 Million |
|
CCCG Real Estate Corp Ltd
SHE:000736
|
$601.28 Million |
|
Prima Marine Public Company Limited
BK:PRM
|
$601.23 Million |
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: 2.18x
- 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 4.97x to 2.18x 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¥36.86 | x |
| 2022-12-31 | CN¥8.04 | CN¥36.86 | x |
| 2023-12-31 | CN¥18.59 | CN¥36.86 | x |
| 2024-12-31 | CN¥16.94 | CN¥36.86 | 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: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
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 | $601.60 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Maxic Technology Inc. A
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