Smarter Microelectronics (Guangzhou) Co. Ltd. A

SHG:688512 China Semiconductors
Market Cap
$774.97 Million
CN¥5.69 Billion CNY
Market Cap Rank
#9491 Global
#1955 in China
Share Price
CN¥12.18
Change (1 day)
-2.33%
52-Week Range
CN¥7.75 - CN¥13.98
All Time High
CN¥25.47
About

Smarter Microelectronics (Guangzhou) Co., Ltd., a chip design company, researches and develops, designs, and sells radio frequency (RF) front-end chips and modules in China. It offers highly integrated RF front-end transceiver module chip integrated with low noise amplifiers, power amplifiers (PA), filters, and RF switches; 2G/3G/4G TX products; integrated passive device filters (IPDFilters); and… Read more

Smarter Microelectronics (Guangzhou) Co. Ltd. A (688512) - Total Assets

Latest total assets as of June 2025: CN¥2.23 Billion CNY

Based on the latest financial reports, Smarter Microelectronics (Guangzhou) Co. Ltd. A (688512) holds total assets worth CN¥2.23 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.

Smarter Microelectronics (Guangzhou) Co. Ltd. A - Total Assets Trend (2021–2024)

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

Smarter Microelectronics (Guangzhou) Co. Ltd. A - Asset Composition Analysis

Current Asset Composition (December 2024)

Smarter Microelectronics (Guangzhou) Co. Ltd. A's total assets of CN¥2.23 Billion consist of 67.2% current assets and 32.8% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 37.6%
Accounts Receivable CN¥105.29 Million 4.8%
Inventory CN¥430.84 Million 19.5%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥131.21 Million 5.9%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2021–2024)

This chart illustrates how Smarter Microelectronics (Guangzhou) 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: Smarter Microelectronics (Guangzhou) Co. Ltd. A's current assets represent 67.2% of total assets in 2024, a decrease from 91.5% in 2021.
  • Cash Position: Cash and equivalents constituted 37.6% of total assets in 2024, down from 52.6% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2021.
  • Asset Diversification: The largest asset category is inventory at 19.5% of total assets.

Smarter Microelectronics (Guangzhou) Co. Ltd. A Competitors by Total Assets

Key competitors of Smarter Microelectronics (Guangzhou) Co. Ltd. A based on total assets are shown below.

Smarter Microelectronics (Guangzhou) 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: 0.22 - 0.30

Lower asset utilization - Smarter Microelectronics (Guangzhou) Co. Ltd. A generates 0.24x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -19.82% - -17.07%

Negative ROA - Smarter Microelectronics (Guangzhou) Co. Ltd. A is currently not profitable relative to its asset base.

Smarter Microelectronics (Guangzhou) 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 4.24 10.46 10.46
Quick Ratio 2.94 6.88 6.88
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.16 Billion CN¥ 1.30 Billion CN¥ 1.30 Billion

Smarter Microelectronics (Guangzhou) Co. Ltd. A - Advanced Valuation Insights

This section examines the relationship between Smarter Microelectronics (Guangzhou) 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 3.11
Latest Market Cap to Assets Ratio 0.27
Asset Growth Rate (YoY) -7.6%
Total Assets CN¥2.21 Billion
Market Capitalization $589.31 Million USD

Valuation Analysis

Below Book Valuation: The market values Smarter Microelectronics (Guangzhou) Co. Ltd. A's assets below their book value (0.27 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Smarter Microelectronics (Guangzhou) Co. Ltd. A's assets decreased by 7.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Smarter Microelectronics (Guangzhou) Co. Ltd. A (2021–2024)

The table below shows the annual total assets of Smarter Microelectronics (Guangzhou) Co. Ltd. A from 2021 to 2024.

Year Total Assets Change
2024-12-31 CN¥2.21 Billion -7.57%
2023-12-31 CN¥2.39 Billion +50.35%
2022-12-31 CN¥1.59 Billion -8.16%
2021-12-31 CN¥1.73 Billion --