Wuxi Chipown Micro-electronics Ltd
Wuxi Chipown Micro-electronics limited engages in the research and development, and sale of semiconductor products in China. The company offers HV products, including AC-DC, PFC and X capacitor discharge; LV products, such as DC-DC, car charger, battery charger, LED backlight, high power white LED, OVP and current limiter, reset and detect, and LDO products; and high and low side gate, 3-phase ga… Read more
Wuxi Chipown Micro-electronics Ltd (688508) - Net Assets
Latest net assets as of September 2025: CN¥2.71 Billion CNY
Based on the latest financial reports, Wuxi Chipown Micro-electronics Ltd (688508) has net assets worth CN¥2.71 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.32 Billion) and total liabilities (CN¥606.06 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¥2.71 Billion |
| % of Total Assets | 81.73% |
| Annual Growth Rate | 34.05% |
| 5-Year Change | 92.59% |
| 10-Year Change | 1361.41% |
| Growth Volatility | 46.11 |
Wuxi Chipown Micro-electronics Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Wuxi Chipown Micro-electronics Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wuxi Chipown Micro-electronics Ltd (2011–2024)
The table below shows the annual net assets of Wuxi Chipown Micro-electronics Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.49 Billion | +0.05% |
| 2023-12-31 | CN¥2.49 Billion | +69.02% |
| 2022-12-31 | CN¥1.47 Billion | -2.97% |
| 2021-12-31 | CN¥1.52 Billion | +17.37% |
| 2020-12-31 | CN¥1.29 Billion | +176.28% |
| 2019-12-31 | CN¥467.32 Million | +80.54% |
| 2018-12-31 | CN¥258.85 Million | +15.26% |
| 2017-12-31 | CN¥224.58 Million | +21.48% |
| 2016-12-31 | CN¥184.87 Million | +8.65% |
| 2015-12-31 | CN¥170.15 Million | +50.81% |
| 2014-12-31 | CN¥112.83 Million | +32.43% |
| 2013-12-31 | CN¥85.20 Million | +20.25% |
| 2012-12-31 | CN¥70.85 Million | +28.62% |
| 2011-12-31 | CN¥55.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wuxi Chipown Micro-electronics Ltd'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 3301.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥559.60 Million | 22.45% |
| Common Stock | CN¥131.31 Million | 5.27% |
| Other Comprehensive Income | CN¥73.32 Million | 2.94% |
| Other Components | CN¥1.73 Billion | 69.34% |
| Total Equity | CN¥2.49 Billion | 100.00% |
Wuxi Chipown Micro-electronics Ltd Competitors by Market Cap
The table below lists competitors of Wuxi Chipown Micro-electronics Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Bluetrum Technology Co. Ltd. A
SHG:688332
|
$754.95 Million |
|
Greggs plc
PINK:GGGSY
|
$754.98 Million |
|
CES Energy Solutions Corp
PINK:CESDF
|
$755.12 Million |
|
Hebei Sailhero Environmental
SHE:300137
|
$755.55 Million |
|
Kier Group plc
PINK:KIERF
|
$753.42 Million |
|
Med Life SA
RO:M
|
$753.30 Million |
|
Aerosun Corp
SHG:600501
|
$753.26 Million |
|
Per Aarsleff B
LSE:0REQ
|
$753.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuxi Chipown Micro-electronics Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,488,887,730 to 2,492,243,636, a change of 3,355,906 (0.1%).
- Net income of 111,330,094 contributed positively to equity growth.
- Dividend payments of 25,471,830 reduced retained earnings.
- Share repurchases of 88,448,884 reduced equity.
- Other comprehensive income decreased equity by 2,122,892.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥111.33 Million | +4.47% |
| Dividends Paid | CN¥25.47 Million | -1.02% |
| Share Repurchases | CN¥88.45 Million | -3.55% |
| Other Comprehensive Income | CN¥-2.12 Million | -0.09% |
| Other Changes | CN¥8.07 Million | +0.32% |
| Total Change | CN¥- | 0.13% |
Book Value vs Market Value Analysis
This analysis compares Wuxi Chipown Micro-electronics Ltd'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: 3.22x
- 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 22.87x to 3.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥2.75 | CN¥63.00 | x |
| 2012-12-31 | CN¥3.46 | CN¥63.00 | x |
| 2013-12-31 | CN¥1.29 | CN¥63.00 | x |
| 2014-12-31 | CN¥1.66 | CN¥63.00 | x |
| 2015-12-31 | CN¥2.31 | CN¥63.00 | x |
| 2016-12-31 | CN¥2.40 | CN¥63.00 | x |
| 2017-12-31 | CN¥2.93 | CN¥63.00 | x |
| 2018-12-31 | CN¥3.34 | CN¥63.00 | x |
| 2019-12-31 | CN¥6.08 | CN¥63.00 | x |
| 2020-12-31 | CN¥11.45 | CN¥63.00 | x |
| 2021-12-31 | CN¥13.39 | CN¥63.00 | x |
| 2022-12-31 | CN¥12.98 | CN¥63.00 | x |
| 2023-12-31 | CN¥20.92 | CN¥63.00 | x |
| 2024-12-31 | CN¥19.56 | CN¥63.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuxi Chipown Micro-electronics Ltd 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): 4.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.54%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.18x
- Recent ROE (4.47%) is below the historical average (14.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 22.05% | 9.97% | 1.42x | 1.56x | CN¥6.64 Million |
| 2012 | 22.81% | 12.37% | 1.28x | 1.44x | CN¥9.08 Million |
| 2013 | 21.65% | 11.65% | 1.34x | 1.39x | CN¥9.93 Million |
| 2014 | 13.23% | 9.18% | 1.11x | 1.29x | CN¥3.65 Million |
| 2015 | 12.12% | 11.03% | 0.92x | 1.20x | CN¥3.61 Million |
| 2016 | 16.26% | 13.09% | 0.92x | 1.35x | CN¥11.56 Million |
| 2017 | 21.14% | 17.30% | 0.98x | 1.25x | CN¥25.03 Million |
| 2018 | 20.67% | 17.14% | 0.89x | 1.35x | CN¥27.63 Million |
| 2019 | 14.16% | 19.75% | 0.61x | 1.17x | CN¥19.44 Million |
| 2020 | 7.72% | 23.23% | 0.31x | 1.08x | CN¥-29.37 Million |
| 2021 | 13.29% | 26.72% | 0.46x | 1.08x | CN¥49.81 Million |
| 2022 | 6.11% | 12.49% | 0.42x | 1.17x | CN¥-57.23 Million |
| 2023 | 2.39% | 7.62% | 0.28x | 1.12x | CN¥-189.41 Million |
| 2024 | 4.47% | 11.54% | 0.33x | 1.18x | CN¥-137.89 Million |
Industry Comparison
This section compares Wuxi Chipown Micro-electronics Ltd'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 |
|---|---|---|---|---|
| Wuxi Chipown Micro-electronics Ltd (688508) | CN¥2.71 Billion | 22.05% | 0.22x | $754.86 Million |
| 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 |