Leaguer Shenzhen MicroElectronics Corp (688589) - Net Assets
Based on the latest financial reports, Leaguer Shenzhen MicroElectronics Corp (688589) has net assets worth CN¥1.05 Billion CNY (≈ $153.62 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.50 Billion ≈ $219.75 Million USD) and total liabilities (CN¥451.92 Million ≈ $66.13 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 Leaguer Shenzhen MicroElectronics Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.05 Billion |
| % of Total Assets | 69.91% |
| Annual Growth Rate | 22.17% |
| 5-Year Change | 49.6% |
| 10-Year Change | 469.31% |
| Growth Volatility | 47.64 |
Leaguer Shenzhen MicroElectronics Corp - Net Assets Trend (2012–2024)
This chart illustrates how Leaguer Shenzhen MicroElectronics Corp's net assets have evolved over time, based on quarterly financial data. Also explore 688589 total assets for the complete picture of this company's asset base.
Annual Net Assets for Leaguer Shenzhen MicroElectronics Corp (2012–2024)
The table below shows the annual net assets of Leaguer Shenzhen MicroElectronics Corp from 2012 to 2024. For live valuation and market cap data, see 688589 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.07 Billion ≈ $156.75 Million |
+6.17% |
| 2023-12-31 | CN¥1.01 Billion ≈ $147.64 Million |
+23.59% |
| 2022-12-31 | CN¥816.38 Million ≈ $119.46 Million |
+9.39% |
| 2021-12-31 | CN¥746.27 Million ≈ $109.20 Million |
+4.23% |
| 2020-12-31 | CN¥716.02 Million ≈ $104.78 Million |
+172.51% |
| 2019-12-31 | CN¥262.75 Million ≈ $38.45 Million |
+19.84% |
| 2018-12-31 | CN¥219.25 Million ≈ $32.08 Million |
+7.76% |
| 2017-12-31 | CN¥203.47 Million ≈ $29.77 Million |
+3.02% |
| 2016-12-31 | CN¥197.50 Million ≈ $28.90 Million |
+4.97% |
| 2014-12-31 | CN¥188.15 Million ≈ $27.53 Million |
+21.07% |
| 2013-12-31 | CN¥155.41 Million ≈ $22.74 Million |
+60.35% |
| 2012-12-31 | CN¥96.93 Million ≈ $14.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Leaguer Shenzhen MicroElectronics Corp'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 30925170400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥297.39 Million | 27.76% |
| Common Stock | CN¥121.18 Million | 11.31% |
| Other Comprehensive Income | CN¥139.97 Million | 13.07% |
| Other Components | CN¥512.64 Million | 47.86% |
| Total Equity | CN¥1.07 Billion | 100.00% |
Leaguer Shenzhen MicroElectronics Corp Competitors by Market Cap
The table below lists competitors of Leaguer Shenzhen MicroElectronics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
QingCloud Technologies Corp.
SHG:688316
|
$489.93 Million |
|
Shenzhen Hifuture Electric
SHE:002168
|
$489.97 Million |
|
Halk Gayrimenkul Yatirim Ortakligi AS
IS:HLGYO
|
$490.02 Million |
|
Grupo Casas Bahia S.A.
SA:BHIA3
|
$490.11 Million |
|
Beijing Bashi Media Co Ltd
SHG:600386
|
$489.71 Million |
|
Rusoro Mining Ltd
V:RML
|
$489.65 Million |
|
Summit Hotel Properties Inc
NYSE:INN
|
$489.64 Million |
|
MNRB Holdings Bhd
KLSE:6459
|
$489.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Leaguer Shenzhen MicroElectronics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,008,962,401 to 1,071,175,090, a change of 62,212,689 (6.2%).
- Net income of 84,336,665 contributed positively to equity growth.
- Dividend payments of 36,290,993 reduced retained earnings.
- Share repurchases of 16,498,182 reduced equity.
- Other comprehensive income increased equity by 3,365,892.
- Other factors increased equity by 27,299,307.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥84.34 Million | +7.87% |
| Dividends Paid | CN¥36.29 Million | -3.39% |
| Share Repurchases | CN¥16.50 Million | -1.54% |
| Other Comprehensive Income | CN¥3.37 Million | +0.31% |
| Other Changes | CN¥27.30 Million | +2.55% |
| Total Change | CN¥- | 6.17% |
Book Value vs Market Value Analysis
This analysis compares Leaguer Shenzhen MicroElectronics Corp'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: 2.59x
- 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 14.00x to 2.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.64 | CN¥23.03 | x |
| 2013-12-31 | CN¥2.13 | CN¥23.03 | x |
| 2014-12-31 | CN¥2.59 | CN¥23.03 | x |
| 2016-12-31 | CN¥2.82 | CN¥23.03 | x |
| 2017-12-31 | CN¥2.72 | CN¥23.03 | x |
| 2018-12-31 | CN¥2.96 | CN¥23.03 | x |
| 2019-12-31 | CN¥3.52 | CN¥23.03 | x |
| 2020-12-31 | CN¥7.16 | CN¥23.03 | x |
| 2021-12-31 | CN¥7.46 | CN¥23.03 | x |
| 2022-12-31 | CN¥8.15 | CN¥23.03 | x |
| 2023-12-31 | CN¥8.31 | CN¥23.03 | x |
| 2024-12-31 | CN¥8.89 | CN¥23.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Leaguer Shenzhen MicroElectronics Corp 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): 7.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.37%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.43x
- Recent ROE (7.87%) is below the historical average (10.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 19.78% | 19.85% | 0.63x | 1.58x | CN¥9.48 Million |
| 2013 | 19.22% | 20.47% | 0.66x | 1.42x | CN¥14.32 Million |
| 2014 | 17.40% | 22.79% | 0.60x | 1.26x | CN¥13.92 Million |
| 2016 | 4.25% | 7.46% | 0.44x | 1.29x | CN¥-11.35 Million |
| 2017 | 6.61% | 9.96% | 0.50x | 1.32x | CN¥-6.91 Million |
| 2018 | 10.48% | 12.21% | 0.55x | 1.57x | CN¥1.06 Million |
| 2019 | 16.54% | 15.70% | 0.74x | 1.43x | CN¥17.18 Million |
| 2020 | 3.89% | 12.90% | 0.27x | 1.12x | CN¥-43.78 Million |
| 2021 | 5.63% | 11.67% | 0.37x | 1.29x | CN¥-32.59 Million |
| 2022 | 9.20% | 14.91% | 0.49x | 1.27x | CN¥-6.50 Million |
| 2023 | 10.59% | 18.45% | 0.40x | 1.43x | CN¥5.99 Million |
| 2024 | 7.87% | 15.37% | 0.36x | 1.43x | CN¥-22.78 Million |
Industry Comparison
This section compares Leaguer Shenzhen MicroElectronics Corp's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $2,095,615,821
- Average return on equity (ROE) among peers: 6.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Leaguer Shenzhen MicroElectronics Corp (688589) | CN¥1.05 Billion | 19.78% | 0.43x | $489.76 Million |
| UniTTEC Co Ltd (000925) | $1.22 Billion | 2.79% | 2.52x | $909.57 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $12.39 Billion | 9.51% | 0.40x | $9.61 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $245.66 Million | 4.18% | 0.78x | $1.06 Billion |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $501.66 Million | 7.47% | 0.41x | $1.39 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $629.45 Million | 7.50% | 0.73x | $1.15 Billion |
| Tianjin Printronics Circuit Corp (002134) | $710.96 Million | 2.48% | 0.13x | $913.46 Million |
| Tatwah Smartech Co Ltd (002512) | $1.65 Billion | 6.18% | 0.38x | $701.64 Million |
| Chutian Dragon Co Ltd (003040) | $1.37 Billion | 4.56% | 0.48x | $998.01 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $1.14 Billion | 5.99% | 0.16x | $81.27 Million |
| Nations Technologies Inc (300077) | $1.09 Billion | 9.56% | 0.85x | $1.97 Billion |
About Leaguer Shenzhen MicroElectronics Corp
Leaguer (Shenzhen) Microelectronics Corp., a fabless chip design company, engages in the designs, develops, and sells integrated circuits, computer software, and electronic information products. It designs and develops ASIC chip products and solutions for smart grid, automatic meter reading (AMR), and smart metering; smart homes and buildings; street lighting control and management in smart citie… Read more