Shanghai New Vision Microelectronics Co. Ltd. A
Shanghai New Vision Microelectronics Co., Ltd, engages in the design, research and development, and sales of display chips in China. The company offers integrated display chips, including TFT-LCD display driver chips (DDIC/TDDI), amoled display driver chips, touch chips, and microled chips. It also provides display driver chips, display power management chips, and timing control chips. The compan… Read more
Shanghai New Vision Microelectronics Co. Ltd. A (688593) - Net Assets
Latest net assets as of June 2025: CN¥1.56 Billion CNY
Based on the latest financial reports, Shanghai New Vision Microelectronics Co. Ltd. A (688593) has net assets worth CN¥1.56 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¥1.89 Billion) and total liabilities (CN¥335.55 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¥1.56 Billion |
| % of Total Assets | 82.27% |
| Annual Growth Rate | 42.0% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 64.51 |
Shanghai New Vision Microelectronics Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Shanghai New Vision Microelectronics Co. Ltd. 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 Shanghai New Vision Microelectronics Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Shanghai New Vision Microelectronics Co. Ltd. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.59 Billion | -0.91% |
| 2023-12-31 | CN¥1.60 Billion | +144.49% |
| 2022-12-31 | CN¥655.26 Million | +18.21% |
| 2021-12-31 | CN¥554.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai New Vision Microelectronics Co. Ltd. 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 137.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥170.30 Million | 10.82% |
| Other Components | CN¥1.40 Billion | 89.18% |
| Total Equity | CN¥1.57 Billion | 100.00% |
Shanghai New Vision Microelectronics Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shanghai New Vision Microelectronics Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Tel-Aviv Stock Exchange Ltd
OTCGREY:TVAVF
|
$1.07 Billion |
|
ECOPRO MAT
KO:450080
|
$1.07 Billion |
|
TriNet Group Inc
NYSE:TNET
|
$1.07 Billion |
|
Ningbo ZhongDa Leader Intelligent Transmission Co Ltd
SHE:002896
|
$1.07 Billion |
|
Solar Applied Materials Technology
TWO:1785
|
$1.07 Billion |
|
MNYFF
PINK:MNYFF
|
$1.07 Billion |
|
Shanghai Haixin Group Co Ltd A
SHG:600851
|
$1.07 Billion |
|
IOI Properties Group Bhd
KLSE:5249
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai New Vision Microelectronics Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,596,450,720 to 1,573,418,880, a change of -23,031,839 (-1.4%).
- Net income of 8,432,884 contributed positively to equity growth.
- Dividend payments of 18,258,111 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥8.43 Million | +0.54% |
| Dividends Paid | CN¥18.26 Million | -1.16% |
| Other Changes | CN¥-13.21 Million | -0.84% |
| Total Change | CN¥- | -1.44% |
Book Value vs Market Value Analysis
This analysis compares Shanghai New Vision Microelectronics Co. Ltd. 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: 9.94x
- 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 22.84x to 9.94x 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¥1.49 | CN¥34.05 | x |
| 2022-12-31 | CN¥1.77 | CN¥34.05 | x |
| 2023-12-31 | CN¥3.47 | CN¥34.05 | x |
| 2024-12-31 | CN¥3.42 | CN¥34.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai New Vision Microelectronics Co. Ltd. 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): 0.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.66%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.14x
- Recent ROE (0.54%) is below the historical average (11.70%), 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 | 27.86% | 33.81% | 0.69x | 1.19x | CN¥97.90 Million |
| 2022 | 16.68% | 25.36% | 0.58x | 1.14x | CN¥43.37 Million |
| 2023 | 1.73% | 5.73% | 0.27x | 1.13x | CN¥-132.11 Million |
| 2024 | 0.54% | 1.66% | 0.28x | 1.14x | CN¥-148.91 Million |
Industry Comparison
This section compares Shanghai New Vision Microelectronics Co. Ltd. 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 |
|---|---|---|---|---|
| Shanghai New Vision Microelectronics Co. Ltd. A (688593) | CN¥1.56 Billion | 27.86% | 0.22x | $1.07 Billion |
| 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 |