Circuit Fabology Microelectronics Equipment Co. Ltd. A
Circuit Fabology Microelectronics Equipment Co.,Ltd. engages in the research, development, and manufacture of direct imaging equipment and direct writing lithography equipment. The company offers PCB direct imaging equipment and automatic line systems, pan-semiconductor direct writing lithography equipment and automatic line systems, and other laser direct imaging equipment. The company's direct … Read more
Circuit Fabology Microelectronics Equipment Co. Ltd. A (688630) - Net Assets
Latest net assets as of September 2025: CN¥2.21 Billion CNY
Based on the latest financial reports, Circuit Fabology Microelectronics Equipment Co. Ltd. A (688630) has net assets worth CN¥2.21 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¥3.07 Billion) and total liabilities (CN¥852.99 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¥2.21 Billion |
| % of Total Assets | 72.18% |
| Annual Growth Rate | 76.02% |
| 5-Year Change | 404.8% |
| 10-Year Change | N/A |
| Growth Volatility | 76.7 |
Circuit Fabology Microelectronics Equipment Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how Circuit Fabology Microelectronics Equipment 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 Circuit Fabology Microelectronics Equipment Co. Ltd. A (2017–2024)
The table below shows the annual net assets of Circuit Fabology Microelectronics Equipment Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.06 Billion | +1.52% |
| 2023-12-31 | CN¥2.03 Billion | +93.66% |
| 2022-12-31 | CN¥1.05 Billion | +12.67% |
| 2021-12-31 | CN¥931.11 Million | +127.88% |
| 2020-12-31 | CN¥408.59 Million | +21.12% |
| 2019-12-31 | CN¥337.33 Million | +199.46% |
| 2018-12-31 | CN¥112.65 Million | +186.03% |
| 2017-12-31 | CN¥39.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Circuit Fabology Microelectronics Equipment 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 51440014510.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥496.57 Million | 24.08% |
| Common Stock | CN¥131.74 Million | 6.39% |
| Other Comprehensive Income | CN¥67.29 Million | 3.26% |
| Other Components | CN¥1.37 Billion | 66.28% |
| Total Equity | CN¥2.06 Billion | 100.00% |
Circuit Fabology Microelectronics Equipment Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Circuit Fabology Microelectronics Equipment Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
P/F Bakkafrost
PINK:BKFKF
|
$1.97 Billion |
|
AVIC Capital Co Ltd
SHG:600705
|
$1.97 Billion |
|
Zhejiang Weiming Environment Protection Co Ltd
SHG:603568
|
$1.97 Billion |
|
Banner Corporation
NASDAQ:BANR
|
$1.97 Billion |
|
Randstad NV
AS:RAND
|
$1.97 Billion |
|
Japan Petroleum Exploration Co. Ltd
F:JP9
|
$1.96 Billion |
|
National HealthCare Corporation
NYSE MKT:NHC
|
$1.96 Billion |
|
Intouch Holdings Public Company Limited
BK:INTUCH
|
$1.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Circuit Fabology Microelectronics Equipment Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,031,690,393 to 2,062,601,576, a change of 30,911,183 (1.5%).
- Net income of 160,695,258 contributed positively to equity growth.
- Dividend payments of 105,148,827 reduced retained earnings.
- Share repurchases of 30,016,900 reduced equity.
- Other comprehensive income increased equity by 206,350.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥160.70 Million | +7.79% |
| Dividends Paid | CN¥105.15 Million | -5.1% |
| Share Repurchases | CN¥30.02 Million | -1.46% |
| Other Comprehensive Income | CN¥206.35K | +0.01% |
| Other Changes | CN¥5.18 Million | +0.25% |
| Total Change | CN¥- | 1.52% |
Book Value vs Market Value Analysis
This analysis compares Circuit Fabology Microelectronics Equipment 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: 11.36x
- 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 361.37x to 11.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥0.50 | CN¥179.30 | x |
| 2018-12-31 | CN¥1.42 | CN¥179.30 | x |
| 2019-12-31 | CN¥2.79 | CN¥179.30 | x |
| 2020-12-31 | CN¥3.38 | CN¥179.30 | x |
| 2021-12-31 | CN¥7.71 | CN¥179.30 | x |
| 2022-12-31 | CN¥8.68 | CN¥179.30 | x |
| 2023-12-31 | CN¥16.20 | CN¥179.30 | x |
| 2024-12-31 | CN¥15.79 | CN¥179.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Circuit Fabology Microelectronics Equipment 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): 7.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.85%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.35x
- Recent ROE (7.79%) is below the historical average (8.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -17.38% | -30.87% | 0.23x | 2.44x | CN¥-10.79 Million |
| 2018 | 15.35% | 19.81% | 0.52x | 1.49x | CN¥6.03 Million |
| 2019 | 14.12% | 23.55% | 0.43x | 1.39x | CN¥13.89 Million |
| 2020 | 17.39% | 22.91% | 0.50x | 1.52x | CN¥30.18 Million |
| 2021 | 11.40% | 21.57% | 0.39x | 1.36x | CN¥13.05 Million |
| 2022 | 13.02% | 20.94% | 0.42x | 1.47x | CN¥31.67 Million |
| 2023 | 8.83% | 21.63% | 0.33x | 1.22x | CN¥-23.86 Million |
| 2024 | 7.79% | 16.85% | 0.34x | 1.35x | CN¥-45.56 Million |
Industry Comparison
This section compares Circuit Fabology Microelectronics Equipment 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 |
|---|---|---|---|---|
| Circuit Fabology Microelectronics Equipment Co. Ltd. A (688630) | CN¥2.21 Billion | -17.38% | 0.39x | $1.97 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 |