Vanchip (Tianjin) Technology Co. Ltd. A

SHG:688153 China Semiconductors
Market Cap
$2.09 Billion
CN¥15.33 Billion CNY
Market Cap Rank
#9437 Global
#1938 in China
Share Price
CN¥35.63
Change (1 day)
-0.72%
52-Week Range
CN¥28.00 - CN¥45.48
All Time High
CN¥76.79
About

Vanchip (Tianjin) Technology Co., Ltd. designs, manufactures, and sells radio frequency front end and high-end analog chips in China. Its products are used in mobile terminals, such as smart phones and mobile phones. The company offers radio frequency power amplifiers that are used in 2G, 3G, and 4G mobile phones, as well as in data card products. It also provides antenna tuning and swap, filters… Read more

Vanchip (Tianjin) Technology Co. Ltd. A (688153) - Total Assets

Latest total assets as of June 2025: CN¥4.41 Billion CNY

Based on the latest financial reports, Vanchip (Tianjin) Technology Co. Ltd. A (688153) holds total assets worth CN¥4.41 Billion CNY as of June 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Vanchip (Tianjin) Technology Co. Ltd. A - Total Assets Trend (2019–2024)

This chart illustrates how Vanchip (Tianjin) Technology Co. Ltd. A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Vanchip (Tianjin) Technology Co. Ltd. A - Asset Composition Analysis

Current Asset Composition (December 2024)

Vanchip (Tianjin) Technology Co. Ltd. A's total assets of CN¥4.41 Billion consist of 86.2% current assets and 13.8% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 59.1%
Accounts Receivable CN¥411.42 Million 9.0%
Inventory CN¥777.42 Million 16.9%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥36.33 Million 0.8%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2019–2024)

This chart illustrates how Vanchip (Tianjin) Technology Co. Ltd. A's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Vanchip (Tianjin) Technology Co. Ltd. A's current assets represent 86.2% of total assets in 2024, a decrease from 89.1% in 2019.
  • Cash Position: Cash and equivalents constituted 59.1% of total assets in 2024, up from 35.5% in 2019.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
  • Asset Diversification: The largest asset category is inventory at 16.9% of total assets.

Vanchip (Tianjin) Technology Co. Ltd. A Competitors by Total Assets

Key competitors of Vanchip (Tianjin) Technology Co. Ltd. A based on total assets are shown below.

Vanchip (Tianjin) Technology Co. Ltd. A - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.46 - 1.72

Moderate asset utilization - Vanchip (Tianjin) Technology Co. Ltd. A generates 0.46x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -6.88% - 2.33%

Negative ROA - Vanchip (Tianjin) Technology Co. Ltd. A is currently not profitable relative to its asset base.

Vanchip (Tianjin) Technology Co. Ltd. A - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 10.28 8.68 2.01
Quick Ratio 8.65 6.72 0.75
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥3.33 Billion CN¥ 3.62 Billion CN¥ 979.94 Million

Vanchip (Tianjin) Technology Co. Ltd. A - Advanced Valuation Insights

This section examines the relationship between Vanchip (Tianjin) Technology Co. Ltd. A's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 4.21
Latest Market Cap to Assets Ratio 0.13
Asset Growth Rate (YoY) -4.8%
Total Assets CN¥4.59 Billion
Market Capitalization $595.20 Million USD

Valuation Analysis

Below Book Valuation: The market values Vanchip (Tianjin) Technology Co. Ltd. A's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Vanchip (Tianjin) Technology Co. Ltd. A's assets decreased by 4.8% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Vanchip (Tianjin) Technology Co. Ltd. A (2019–2024)

The table below shows the annual total assets of Vanchip (Tianjin) Technology Co. Ltd. A from 2019 to 2024.

Year Total Assets Change
2024-12-31 CN¥4.59 Billion -4.76%
2023-12-31 CN¥4.82 Billion +14.07%
2022-12-31 CN¥4.22 Billion +107.15%
2021-12-31 CN¥2.04 Billion +68.25%
2020-12-31 CN¥1.21 Billion +178.18%
2019-12-31 CN¥435.74 Million --