Semiconductor Manufacturing Electronics (Shaoxing) Corp. A
United Nova Technology Co.,Ltd. manufactures and markets power discrete and modules in China and internationally. It offers IGBT, MOSFET, and analog ICs, as well as MEMS and MCU. The company provides system manufacturing solutions for automotive, clean energy technologies, industrials, and household appliances; solutions for automotive-grade IGBT/SiC chips and modules; and analog chips for mixed-… Read more
Semiconductor Manufacturing Electronics (Shaoxing) Corp. A (688469) - Net Assets
Latest net assets as of June 2025: CN¥19.70 Billion CNY
Based on the latest financial reports, Semiconductor Manufacturing Electronics (Shaoxing) Corp. A (688469) has net assets worth CN¥19.70 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¥33.19 Billion) and total liabilities (CN¥13.49 Billion). 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¥19.70 Billion |
| % of Total Assets | 59.36% |
| Annual Growth Rate | 66.66% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 39.92 |
Semiconductor Manufacturing Electronics (Shaoxing) Corp. A - Net Assets Trend (2021–2024)
This chart illustrates how Semiconductor Manufacturing Electronics (Shaoxing) Corp. 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 Semiconductor Manufacturing Electronics (Shaoxing) Corp. A (2021–2024)
The table below shows the annual net assets of Semiconductor Manufacturing Electronics (Shaoxing) Corp. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥19.95 Billion | +25.86% |
| 2023-12-31 | CN¥15.85 Billion | +123.02% |
| 2022-12-31 | CN¥7.11 Billion | +64.98% |
| 2021-12-31 | CN¥4.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Semiconductor Manufacturing Electronics (Shaoxing) Corp. 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 decreased by 400892396778.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥17.33 Billion | 140.61% |
| Total Equity | CN¥12.32 Billion | 100.00% |
Semiconductor Manufacturing Electronics (Shaoxing) Corp. A Competitors by Market Cap
The table below lists competitors of Semiconductor Manufacturing Electronics (Shaoxing) Corp. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Celldex Therapeutics Inc
NASDAQ:CLDX
|
$1.82 Billion |
|
Jiangsu King's Luck Brewery Joint-Stock Co Ltd
SHG:603369
|
$1.83 Billion |
|
Crompton Greaves Consumer Electricals Limited
NSE:CROMPTON
|
$1.83 Billion |
|
Roshow Technology Co Ltd
SHE:002617
|
$1.83 Billion |
|
Jinko Power Technology Co Ltd
SHG:601778
|
$1.82 Billion |
|
ChinaSoft International Ltd
PINK:CFTLF
|
$1.82 Billion |
|
Fibocom Wireless Inc
SHE:300638
|
$1.82 Billion |
|
Suzhou Crystal Clear Chemical Co Ltd
SHE:300655
|
$1.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Semiconductor Manufacturing Electronics (Shaoxing) Corp. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,483,074,710 to 12,321,013,873, a change of -162,060,836 (-1.3%).
- Net loss of 962,159,563 reduced equity.
- Dividend payments of 373,340,000 reduced retained earnings.
- Other factors increased equity by 1,173,438,727.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-962.16 Million | -7.81% |
| Dividends Paid | CN¥373.34 Million | -3.03% |
| Other Changes | CN¥1.17 Billion | +9.52% |
| Total Change | CN¥- | -1.30% |
Book Value vs Market Value Analysis
This analysis compares Semiconductor Manufacturing Electronics (Shaoxing) Corp. 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: 4.02x
- 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 7.95x to 4.02x 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¥0.88 | CN¥7.01 | x |
| 2022-12-31 | CN¥0.68 | CN¥7.01 | x |
| 2023-12-31 | CN¥1.77 | CN¥7.01 | x |
| 2024-12-31 | CN¥1.75 | CN¥7.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Semiconductor Manufacturing Electronics (Shaoxing) Corp. 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): -7.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.78%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 2.78x
- Recent ROE (-7.81%) is above the historical average (-20.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -27.59% | -61.05% | 0.16x | 2.81x | CN¥-1.68 Billion |
| 2022 | -31.61% | -23.63% | 0.18x | 7.51x | CN¥-1.43 Billion |
| 2023 | -15.69% | -36.78% | 0.17x | 2.53x | CN¥-3.21 Billion |
| 2024 | -7.81% | -14.78% | 0.19x | 2.78x | CN¥-2.19 Billion |
Industry Comparison
This section compares Semiconductor Manufacturing Electronics (Shaoxing) Corp. A's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $938,054,114
- Average return on equity (ROE) among peers: 2.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Semiconductor Manufacturing Electronics (Shaoxing) Corp. A (688469) | CN¥19.70 Billion | -27.59% | 0.68x | $1.82 Billion |
| UniTTEC Co Ltd (000925) | $408.24 Million | 2.91% | 0.44x | $597.13 Million |
| Zhejiang Chengchang Technology Co. Ltd. (001270) | $537.21 Million | 8.47% | 0.10x | $1.22 Billion |
| Shenzhen Techwinsemi Technology Co. Ltd. (001309) | $1.09 Billion | 6.18% | 0.81x | $5.58 Billion |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $2.03 Billion | 6.95% | 0.34x | $6.22 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $91.68 Million | 16.12% | 1.14x | $714.49 Million |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $445.12 Million | 7.09% | 0.19x | $821.43 Million |
| Tianjin Printronics Circuit Corp (002134) | $391.61 Million | 3.24% | 0.49x | $580.83 Million |
| Tatwah Smartech Co Ltd (002512) | $2.85 Billion | 4.52% | 0.77x | $511.24 Million |
| Chutian Dragon Co Ltd (003040) | $1.51 Billion | 10.97% | 0.46x | $523.03 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $21.30 Million | -40.30% | 16.97x | $95.18 Million |