GalaxyCore Inc (688728) - Net Assets
Based on the latest financial reports, GalaxyCore Inc (688728) has net assets worth CN¥7.87 Billion CNY (≈ $1.15 Billion 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¥24.99 Billion ≈ $3.66 Billion USD) and total liabilities (CN¥17.12 Billion ≈ $2.50 Billion 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 GalaxyCore Inc (688728) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.87 Billion |
| % of Total Assets | 31.5% |
| Annual Growth Rate | 37.17% |
| 5-Year Change | 326.71% |
| 10-Year Change | 5232.13% |
| Growth Volatility | 270.17 |
GalaxyCore Inc - Net Assets Trend (2011–2025)
This chart illustrates how GalaxyCore Inc's net assets have evolved over time, based on quarterly financial data. See GalaxyCore Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for GalaxyCore Inc (2011–2025)
The table below shows the annual net assets of GalaxyCore Inc from 2011 to 2025. For live valuation and market cap data, see how much is GalaxyCore Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥32.22 Billion ≈ $4.71 Billion |
+314.36% |
| 2024-12-31 | CN¥7.77 Billion ≈ $1.14 Billion |
-1.33% |
| 2023-12-31 | CN¥7.88 Billion ≈ $1.15 Billion |
-0.20% |
| 2022-12-31 | CN¥7.90 Billion ≈ $1.16 Billion |
+4.58% |
| 2021-12-31 | CN¥7.55 Billion ≈ $1.10 Billion |
+177.66% |
| 2020-12-31 | CN¥2.72 Billion ≈ $397.88 Million |
+921.33% |
| 2019-12-31 | CN¥266.22 Million ≈ $38.96 Million |
-75.94% |
| 2018-12-31 | CN¥1.11 Billion ≈ $161.91 Million |
+162.83% |
| 2017-12-31 | CN¥420.99 Million ≈ $61.60 Million |
-30.32% |
| 2013-12-31 | CN¥604.18 Million ≈ $88.41 Million |
+50.66% |
| 2012-12-31 | CN¥401.01 Million ≈ $58.68 Million |
+4.00% |
| 2011-12-31 | CN¥385.57 Million ≈ $56.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GalaxyCore Inc'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 959.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.87 Billion | 36.71% |
| Other Comprehensive Income | CN¥7.82 Billion | 100.00% |
| Total Equity | CN¥7.82 Billion | 100.00% |
GalaxyCore Inc Competitors by Market Cap
The table below lists competitors of GalaxyCore Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gentex Corporation
NASDAQ:GNTX
|
$5.47 Billion |
|
Primoris Services Corporation
NYSE:PRIM
|
$5.47 Billion |
|
Renk Group AG
XETRA:R3NK
|
$5.48 Billion |
|
Outfront Media Inc
NYSE:OUT
|
$5.49 Billion |
|
Zhejiang Huazheng New Material
SHG:603186
|
$5.46 Billion |
|
Credit Acceptance Corporation
NASDAQ:CACC
|
$5.46 Billion |
|
Qilu Bank Co Ltd
SHG:601665
|
$5.46 Billion |
|
NEXANS ADR EO 1
F:NXS0
|
$5.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GalaxyCore Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,774,716,435 to 7,820,856,000, a change of 46,139,565 (0.6%).
- Net income of 50,372,400 contributed positively to equity growth.
- Dividend payments of 392,556,385 reduced retained earnings.
- Other comprehensive income increased equity by 7,945,059,326.
- Other factors decreased equity by 7,556,735,776.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥50.37 Million | +0.64% |
| Dividends Paid | CN¥392.56 Million | -5.02% |
| Other Comprehensive Income | CN¥7.95 Billion | +101.59% |
| Other Changes | CN¥-7.56 Billion | -96.62% |
| Total Change | CN¥- | 0.59% |
Book Value vs Market Value Analysis
This analysis compares GalaxyCore Inc'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: 4.63x
- 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 67.06x to 4.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.21 | CN¥14.37 | x |
| 2012-12-31 | CN¥0.22 | CN¥14.37 | x |
| 2013-12-31 | CN¥0.35 | CN¥14.37 | x |
| 2017-12-31 | CN¥0.22 | CN¥14.37 | x |
| 2018-12-31 | CN¥0.52 | CN¥14.37 | x |
| 2019-12-31 | CN¥0.12 | CN¥14.37 | x |
| 2020-12-31 | CN¥1.21 | CN¥14.37 | x |
| 2021-12-31 | CN¥3.06 | CN¥14.37 | x |
| 2022-12-31 | CN¥3.06 | CN¥14.37 | x |
| 2023-12-31 | CN¥3.27 | CN¥14.37 | x |
| 2024-12-31 | CN¥2.91 | CN¥14.37 | x |
| 2025-12-31 | CN¥3.11 | CN¥14.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GalaxyCore Inc 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): 0.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.65%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 3.12x
- Recent ROE (0.64%) is below the historical average (28.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 34.18% | 10.37% | 1.15x | 2.87x | CN¥93.22 Million |
| 2012 | 41.96% | 12.80% | 1.87x | 1.75x | CN¥124.00 Million |
| 2013 | 32.65% | 10.65% | 2.01x | 1.53x | CN¥136.74 Million |
| 2017 | -2.07% | -0.44% | 1.21x | 3.85x | CN¥-50.82 Million |
| 2018 | 45.17% | 22.78% | 1.07x | 1.85x | CN¥389.10 Million |
| 2019 | 134.99% | 9.74% | 1.25x | 11.12x | CN¥332.75 Million |
| 2020 | 28.44% | 11.98% | 1.13x | 2.10x | CN¥501.33 Million |
| 2021 | 16.67% | 17.98% | 0.53x | 1.76x | CN¥503.48 Million |
| 2022 | 5.56% | 7.38% | 0.33x | 2.30x | CN¥-350.72 Million |
| 2023 | 0.61% | 1.03% | 0.23x | 2.56x | CN¥-739.74 Million |
| 2024 | 2.40% | 2.93% | 0.28x | 2.88x | CN¥-590.67 Million |
| 2025 | 0.64% | 0.65% | 0.32x | 3.12x | CN¥-731.71 Million |
Industry Comparison
This section compares GalaxyCore Inc'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 |
|---|---|---|---|---|
| GalaxyCore Inc (688728) | CN¥7.87 Billion | 34.18% | 2.17x | $5.47 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 GalaxyCore Inc
GalaxyCore Inc., together with its subsidiaries, engages in the research, design, manufacturing, packaging, testing, and sale of complementary metal oxide semiconductor image sensors and display driver chips in China and internationally. It is involved in trade sale; and real estate development. The company's products are used in consumer electronics, Internet of Things, automotive electronics, i… Read more