Baozun Inc Net Assets
Baozun Inc net assets. Based on the latest financial reports, Baozun Inc (2BZA) has net assets worth €5.48 Billion EUR (≈ $6.40 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 (€9.85 Billion ≈ $11.51 Billion USD) and total liabilities (€4.37 Billion ≈ $5.11 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. Also explore how fast is Baozun Inc growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €5.48 Billion |
| % of Total Assets | 55.64% |
| Annual Growth Rate | 16.09% |
| 5-Year Change | -10.01% |
| 10-Year Change | 249.34% |
| Growth Volatility | 40.26 |
Net Assets of Baozun Inc (2015–2025)
Net assets of Baozun Inc from 2015 to 2025. This chart illustrates how Baozun Inc's net assets have evolved over time, based on quarterly financial data. See Baozun Inc balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Baozun Inc (2015–2025)
The table below shows the annual net assets of Baozun Inc from 2015 to 2025. For live market cap and overall valuation, see market cap of Baozun Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €5.49 Billion ≈ $6.42 Billion |
-5.00% |
| 2024-12-31 | €5.78 Billion ≈ $6.76 Billion |
-1.22% |
| 2023-12-31 | €5.85 Billion ≈ $6.84 Billion |
+3.09% |
| 2022-12-31 | €5.68 Billion ≈ $6.64 Billion |
-6.98% |
| 2021-12-31 | €6.10 Billion ≈ $7.13 Billion |
-0.51% |
| 2020-12-31 | €6.13 Billion ≈ $7.17 Billion |
+136.77% |
| 2019-12-31 | €2.59 Billion ≈ $3.03 Billion |
+18.02% |
| 2018-12-31 | €2.20 Billion ≈ $2.57 Billion |
+20.18% |
| 2017-12-31 | €1.83 Billion ≈ $2.14 Billion |
+16.18% |
| 2016-12-31 | €1.57 Billion ≈ $1.84 Billion |
+27.34% |
| 2015-12-31 | €1.23 Billion ≈ $1.44 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Baozun 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 decreased by 61338600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Baozun Inc Net Assets Breakdown (December 2025)
Baozun Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €4.58 Billion | 125.64% |
| Total Equity | €3.64 Billion | 100.00% |
Baozun Inc Competitors by Market Cap
The table below lists competitors of Baozun Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Well Shin Technology Co Ltd
TW:3501
|
$138.41 Million |
|
Bisalloy Steel Group Ltd
AU:BIS
|
$138.44 Million |
|
OrganiGram Holdings Inc
TO:OGI
|
$138.49 Million |
|
Masterflex SE
F:MZX
|
$138.50 Million |
|
PPX Mining Corp
V:PPX
|
$138.36 Million |
|
Korea Information Certificate Authority Inc
KQ:053300
|
$138.36 Million |
|
KG Eco Technology Services Co. Ltd
KQ:151860
|
$138.33 Million |
|
Hyundai Pharm
KO:004310
|
$138.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baozun Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,914,022,000 to 3,642,619,000, a change of -271,403,000 (-6.9%).
- Net loss of 242,100,000 reduced equity.
- Share repurchases of 10,217,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-242.10 Million | -6.65% |
| Share Repurchases | €10.22 Million | -0.28% |
| Other Changes | €-19.09 Million | -0.52% |
| Total Change | €- | -6.93% |
Book Value vs Market Value Analysis
This analysis compares Baozun 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: 0.13x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.26x to 0.13x 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 | €10.89 | €2.78 | x |
| 2018-12-31 | €12.62 | €2.78 | x |
| 2019-12-31 | €13.65 | €2.78 | x |
| 2020-12-31 | €26.14 | €2.78 | x |
| 2021-12-31 | €28.44 | €2.78 | x |
| 2022-12-31 | €23.15 | €2.78 | x |
| 2023-12-31 | €22.61 | €2.78 | x |
| 2024-12-31 | €22.41 | €2.78 | x |
| 2025-12-31 | €20.90 | €2.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baozun 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): -6.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.43%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.66x
- Recent ROE (-6.65%) is below the historical average (1.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 1.83% | 0.87% | 1.38x | 1.53x | €-100.83 Million |
| 2016 | 5.51% | 2.56% | 1.43x | 1.51x | €-70.57 Million |
| 2017 | 11.55% | 5.03% | 1.39x | 1.65x | €27.96 Million |
| 2018 | 12.39% | 5.00% | 1.34x | 1.84x | €51.96 Million |
| 2019 | 10.95% | 3.86% | 1.03x | 2.76x | €24.42 Million |
| 2020 | 6.97% | 4.81% | 0.85x | 1.71x | €-185.11 Million |
| 2021 | -3.70% | -2.34% | 0.76x | 2.07x | €-813.73 Million |
| 2022 | -16.00% | -7.78% | 0.83x | 2.48x | €-1.06 Billion |
| 2023 | -6.80% | -3.16% | 0.84x | 2.56x | €-688.14 Million |
| 2024 | -4.73% | -1.97% | 0.92x | 2.61x | €-576.60 Million |
| 2025 | -6.65% | -2.43% | 1.03x | 2.66x | €-606.36 Million |
Industry Comparison
This section compares Baozun Inc's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $49,257,618,665
- Average return on equity (ROE) among peers: 12.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baozun Inc (2BZA) | €5.48 Billion | 1.83% | 0.80x | $138.38 Million |
| JD.com Inc Adr (013A) | $60.87 Billion | -4.09% | 2.44x | $34.07 Billion |
| JD.com Inc. (013C) | $221.62 Billion | 22.29% | 0.91x | $35.02 Billion |
| Vipshop Holdings Limited (1VPA) | $41.55 Billion | 18.63% | 0.80x | $5.32 Billion |
| PROSUS NV ADR/ 1/1 (1YL) | $41.29 Billion | 16.00% | 0.50x | $94.22 Billion |
| BAOZUN INC. A DL -0001 (2BZ) | $5.78 Billion | -3.20% | 0.77x | $124.51 Million |
| YESASIA HOLDINGS LTD (4CM) | $52.99 Million | 35.96% | 1.28x | $135.32 Million |
| GIGLIO GROUP S.P.A. O.N. (5JR) | $408.00K | 29.17% | 58.28x | $872.65K |
| GIGLIO.COM S.P.A. O.N. (5JR0) | $13.39 Million | -21.41% | 0.90x | $6.29 Million |
| MERCARI INC. UNSP.ADR/1/2 (6TP0) | $72.14 Billion | 18.66% | 5.96x | $3.35 Billion |
About Baozun Inc
Baozun Inc., through its subsidiaries, engages in the provision of end-to-end e-commerce solutions in the People's Republic of China. It operates in two segments, E-Commerce and Brand Management. The company offers end-to-end e-commerce solutions, including sales of apparel, and home and electronic products; online store design and setup; visual merchandising and marketing; online store operation… Read more