Wuxi ETEK Microelectronics Co Ltd
Wuxi ETEK Microelectronics Co.,Ltd. engages in the research and development, manufacture, and sale of analog integrated circuits (ICs) in China and internationally. The company offers power management products, such as LDO, DCDC, charger, and PD controller; power protection products, including OVP, OVP with RCB, load switch, current limit switch, e-fuse, and TVS; and display drivers. It also prov… Read more
Wuxi ETEK Microelectronics Co Ltd (688601) - Net Assets
Latest net assets as of September 2025: CN¥1.31 Billion CNY
Based on the latest financial reports, Wuxi ETEK Microelectronics Co Ltd (688601) has net assets worth CN¥1.31 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¥1.45 Billion) and total liabilities (CN¥141.44 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¥1.31 Billion |
| % of Total Assets | 90.24% |
| Annual Growth Rate | 34.01% |
| 5-Year Change | 311.56% |
| 10-Year Change | 1693.51% |
| Growth Volatility | 71.65 |
Wuxi ETEK Microelectronics Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Wuxi ETEK Microelectronics Co 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 ETEK Microelectronics Co Ltd (2013–2024)
The table below shows the annual net assets of Wuxi ETEK Microelectronics Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.33 Billion | +0.71% |
| 2023-12-31 | CN¥1.33 Billion | +15.41% |
| 2022-12-31 | CN¥1.15 Billion | +17.48% |
| 2021-12-31 | CN¥977.52 Million | +201.42% |
| 2020-12-31 | CN¥324.31 Million | +16.37% |
| 2019-12-31 | CN¥278.69 Million | +12.44% |
| 2018-12-31 | CN¥247.85 Million | +8.00% |
| 2017-12-31 | CN¥229.50 Million | +9.05% |
| 2015-12-31 | CN¥210.46 Million | +182.80% |
| 2014-12-31 | CN¥74.42 Million | +39.61% |
| 2013-12-31 | CN¥53.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wuxi ETEK Microelectronics Co 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 6184.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥546.78 Million | 43.22% |
| Common Stock | CN¥133.69 Million | 10.57% |
| Other Components | CN¥584.74 Million | 46.22% |
| Total Equity | CN¥1.27 Billion | 100.00% |
Wuxi ETEK Microelectronics Co Ltd Competitors by Market Cap
The table below lists competitors of Wuxi ETEK Microelectronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aoshikang Technology Co Ltd Class A
SHE:002913
|
$615.48 Million |
|
HelloFresh SE Bearer Shares
F:HFG
|
$615.52 Million |
|
Focused Photonics Hangzhou Inc
SHE:300203
|
$615.52 Million |
|
Centrotec SE
HM:CEV
|
$615.53 Million |
|
Embla Medical hf
CO:EMBLA
|
$614.71 Million |
|
Poseida Therapeutics Inc
NASDAQ:PSTX
|
$614.61 Million |
|
Grupo Simec S.A.B. de C.V
MX:SIMECB
|
$614.40 Million |
|
Equity Bancshares, Inc.
NYSE:EQBK
|
$614.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wuxi ETEK Microelectronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,260,334,511 to 1,265,205,242, a change of 4,870,731 (0.4%).
- Net income of 125,857,356 contributed positively to equity growth.
- Dividend payments of 80,595,710 reduced retained earnings.
- Share repurchases of 40,192,900 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥125.86 Million | +9.95% |
| Dividends Paid | CN¥80.60 Million | -6.37% |
| Share Repurchases | CN¥40.19 Million | -3.18% |
| Other Changes | CN¥-198.01K | -0.02% |
| Total Change | CN¥- | 0.39% |
Book Value vs Market Value Analysis
This analysis compares Wuxi ETEK Microelectronics Co 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: 5.71x
- 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 102.18x to 5.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.53 | CN¥54.40 | x |
| 2014-12-31 | CN¥0.74 | CN¥54.40 | x |
| 2015-12-31 | CN¥2.10 | CN¥54.40 | x |
| 2017-12-31 | CN¥2.29 | CN¥54.40 | x |
| 2018-12-31 | CN¥2.45 | CN¥54.40 | x |
| 2019-12-31 | CN¥2.76 | CN¥54.40 | x |
| 2020-12-31 | CN¥3.22 | CN¥54.40 | x |
| 2021-12-31 | CN¥8.32 | CN¥54.40 | x |
| 2022-12-31 | CN¥8.22 | CN¥54.40 | x |
| 2023-12-31 | CN¥9.43 | CN¥54.40 | x |
| 2024-12-31 | CN¥9.53 | CN¥54.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wuxi ETEK Microelectronics Co 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): 9.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.98%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.15x
- Recent ROE (9.95%) is below the historical average (17.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 15.93% | 6.12% | 1.12x | 2.33x | CN¥3.16 Million |
| 2014 | 32.40% | 12.88% | 1.30x | 1.93x | CN¥16.67 Million |
| 2015 | 28.10% | 20.74% | 1.01x | 1.34x | CN¥38.09 Million |
| 2017 | 9.63% | 7.33% | 1.04x | 1.26x | CN¥-847.53K |
| 2018 | 10.36% | 7.37% | 1.04x | 1.35x | CN¥893.79K |
| 2019 | 14.78% | 8.60% | 1.23x | 1.39x | CN¥13.18 Million |
| 2020 | 20.72% | 12.33% | 1.30x | 1.30x | CN¥34.64 Million |
| 2021 | 16.38% | 20.59% | 0.69x | 1.15x | CN¥62.05 Million |
| 2022 | 13.26% | 19.02% | 0.61x | 1.14x | CN¥35.88 Million |
| 2023 | 15.91% | 22.61% | 0.60x | 1.16x | CN¥74.48 Million |
| 2024 | 9.95% | 15.98% | 0.54x | 1.15x | CN¥-663.17K |
Industry Comparison
This section compares Wuxi ETEK Microelectronics Co 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 ETEK Microelectronics Co Ltd (688601) | CN¥1.31 Billion | 15.93% | 0.11x | $614.92 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 |