Wuxi ETEK Microelectronics Co Ltd (688601) - Net Assets

Latest as of March 2026: CN¥1.32 Billion CNY ≈ $192.56 Million USD

Based on the latest financial reports, Wuxi ETEK Microelectronics Co Ltd (688601) has net assets worth CN¥1.32 Billion CNY (≈ $192.56 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.45 Billion ≈ $212.04 Million USD) and total liabilities (CN¥133.17 Million ≈ $19.49 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 tangible net worth ratio of Wuxi ETEK Microelectronics Co Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.32 Billion
% of Total Assets	90.81%
Annual Growth Rate	30.63%
5-Year Change	34.69%
10-Year Change	525.61%
Growth Volatility	69.91

Wuxi ETEK Microelectronics Co Ltd - Net Assets Trend (2013–2025)

This chart illustrates how Wuxi ETEK Microelectronics Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Wuxi ETEK Microelectronics Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Wuxi ETEK Microelectronics Co Ltd (2013–2025)

The table below shows the annual net assets of Wuxi ETEK Microelectronics Co Ltd from 2013 to 2025. For live valuation and market cap data, see 688601 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥1.32 Billion ≈ $192.66 Million	-1.35%
2024-12-31	CN¥1.33 Billion ≈ $195.31 Million	+0.71%
2023-12-31	CN¥1.33 Billion ≈ $193.93 Million	+15.41%
2022-12-31	CN¥1.15 Billion ≈ $168.04 Million	+17.48%
2021-12-31	CN¥977.52 Million ≈ $143.04 Million	+201.42%
2020-12-31	CN¥324.31 Million ≈ $47.46 Million	+16.37%
2019-12-31	CN¥278.69 Million ≈ $40.78 Million	+12.44%
2018-12-31	CN¥247.85 Million ≈ $36.27 Million	+8.00%
2017-12-31	CN¥229.50 Million ≈ $33.58 Million	+9.05%
2015-12-31	CN¥210.46 Million ≈ $30.80 Million	+182.80%
2014-12-31	CN¥74.42 Million ≈ $10.89 Million	+39.61%
2013-12-31	CN¥53.31 Million ≈ $7.80 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 5999.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥530.75 Million	42.49%
Other Components	CN¥718.35 Million	57.51%
Total Equity	CN¥1.25 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
Zhejiang Xianju Pharmaceutical Co Ltd SHE:002332	$1.20 Billion
Godrej Agrovet Limited NSE:GODREJAGRO	$1.20 Billion
IGB Bhd KLSE:5606	$1.20 Billion
Amore Group KO:002790	$1.20 Billion
Xinyu Iron & Steel Co Ltd SHG:600782	$1.20 Billion
North Long Dragon New Materials Technology Co. Ltd. A SHE:301357	$1.20 Billion
X Fab Silicon Foundries EV PA:XFAB	$1.20 Billion
Shanghai Cooltech Power Co Ltd SHE:300153	$1.20 Billion

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 2024 to 2025, total equity changed from 1,265,205,242 to 1,249,104,791, a change of -16,100,451 (-1.3%).
Net income of 35,713,676 contributed positively to equity growth.
Dividend payments of 53,408,922 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥35.71 Million	+2.86%
Dividends Paid	CN¥53.41 Million	-4.28%
Other Changes	CN¥1.59 Million	+0.13%
Total Change	CN¥-	-1.27%

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: 6.49x
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 115.05x to 6.49x 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¥61.25	x
2014-12-31	CN¥0.74	CN¥61.25	x
2015-12-31	CN¥2.10	CN¥61.25	x
2017-12-31	CN¥2.29	CN¥61.25	x
2018-12-31	CN¥2.45	CN¥61.25	x
2019-12-31	CN¥2.76	CN¥61.25	x
2020-12-31	CN¥3.22	CN¥61.25	x
2021-12-31	CN¥8.32	CN¥61.25	x
2022-12-31	CN¥8.22	CN¥61.25	x
2023-12-31	CN¥9.43	CN¥61.25	x
2024-12-31	CN¥9.45	CN¥61.25	x
2025-12-31	CN¥9.44	CN¥61.25	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): 2.86%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.65%
• Asset Turnover: 0.52x
• Equity Multiplier: 1.17x
Recent ROE (2.86%) is below the historical average (15.86%), 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¥893.80K
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
2025	2.86%	4.65%	0.52x	1.17x	CN¥-89.20 Million

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: $758,137,872
Average return on equity (ROE) among peers: 7.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Wuxi ETEK Microelectronics Co Ltd (688601)	CN¥1.32 Billion	15.93%	0.10x	$1.20 Billion
UniTTEC Co Ltd (000925)	$3.09 Billion	1.86%	1.43x	$807.63 Million
Unigroup Guoxin Microelectronics Co Ltd (002049)	$87.45 Million	17.73%	0.92x	$9.99 Billion
Sinosteel Anhui Tianyuan Technology Co Ltd (002057)	$238.46 Million	1.47%	0.52x	$1.34 Billion
Suzhou Good-Ark Electronics Co Ltd (002079)	$150.59 Million	29.58%	0.75x	$1.83 Billion
Ningbo Kangqiang Electronics Co Ltd (002119)	$552.98 Million	1.15%	0.72x	$1.90 Billion
Tianjin Printronics Circuit Corp (002134)	$609.67 Million	-14.49%	0.33x	$1.09 Billion
Tatwah Smartech Co Ltd (002512)	$318.94 Million	-63.28%	6.24x	$640.43 Million
Chutian Dragon Co Ltd (003040)	$916.47 Million	6.34%	0.58x	$791.53 Million
Jiangsu Huasheng Tianlong Photo (300029)	$63.06 Million	81.02%	3.66x	$5.87 Million
Nations Technologies Inc (300077)	$1.55 Billion	14.11%	0.72x	$1.99 Billion

About Wuxi ETEK Microelectronics Co Ltd

SHG:688601 China Semiconductors

Market Cap

$1.20 Billion

CN¥8.19 Billion CNY

Market Cap Rank

#8288 Global

#2013 in China

Share Price

CN¥61.25

Change (1 day)

+2.68%

52-Week Range

CN¥38.34 - CN¥68.50

All Time High

CN¥97.91