BYD Electronic (International) Company Limited (4BY) - Net Assets
Based on the latest financial reports, BYD Electronic (International) Company Limited (4BY) has net assets worth €32.84 Billion EUR (≈ $38.40 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€82.59 Billion ≈ $96.56 Billion USD) and total liabilities (€49.75 Billion ≈ $58.16 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 asset resilience ratio of BYD Electronic (International) Company L to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €32.84 Billion |
| % of Total Assets | 39.77% |
| Annual Growth Rate | 12.54% |
| 5-Year Change | 45.48% |
| 10-Year Change | 207.19% |
| Growth Volatility | 6.91 |
BYD Electronic (International) Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how BYD Electronic (International) Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore 4BY asset base for the complete picture of this company's asset base.
Annual Net Assets for BYD Electronic (International) Company Limited (2013–2024)
The table below shows the annual net assets of BYD Electronic (International) Company Limited from 2013 to 2024. For live valuation and market cap data, see BYD Electronic (International) Company L market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €32.40 Billion ≈ $37.88 Billion |
+10.47% |
| 2023-12-31 | €29.33 Billion ≈ $34.29 Billion |
+14.42% |
| 2022-12-31 | €25.64 Billion ≈ $29.97 Billion |
+6.69% |
| 2021-12-31 | €24.03 Billion ≈ $28.09 Billion |
+7.88% |
| 2020-12-31 | €22.27 Billion ≈ $26.04 Billion |
+31.09% |
| 2019-12-31 | €16.99 Billion ≈ $19.86 Billion |
+7.36% |
| 2018-12-31 | €15.83 Billion ≈ $18.50 Billion |
+11.51% |
| 2017-12-31 | €14.19 Billion ≈ $16.59 Billion |
+20.73% |
| 2016-12-31 | €11.75 Billion ≈ $13.74 Billion |
+11.44% |
| 2015-12-31 | €10.55 Billion ≈ $12.33 Billion |
+9.13% |
| 2014-12-31 | €9.67 Billion ≈ $11.30 Billion |
+9.41% |
| 2013-12-31 | €8.83 Billion ≈ $10.33 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to BYD Electronic (International) Company Limited'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 440.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €27.56 Billion | 85.04% |
| Other Components | €4.85 Billion | 14.96% |
| Total Equity | €32.40 Billion | 100.00% |
BYD Electronic (International) Company Limited Competitors by Market Cap
The table below lists competitors of BYD Electronic (International) Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Metallurgical Corporation of China Ltd
SHG:601618
|
$7.65 Billion |
|
NIBE INDUSTR. UNSP.ADR/1
F:NJB0
|
$7.65 Billion |
|
Shenzhen Kedali Industry Co Ltd
SHE:002850
|
$7.66 Billion |
|
AptarGroup Inc
NYSE:ATR
|
$7.66 Billion |
|
Planet Labs PBC
NYSE:PL
|
$7.65 Billion |
|
The Federal Bank Limited
NSE:FEDERALBNK
|
$7.63 Billion |
|
Inpost SA
AS:INPST
|
$7.62 Billion |
|
ALK-Abelló A/S
CO:ALK-B
|
$7.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BYD Electronic (International) Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,330,389,000 to 32,401,664,000, a change of 3,071,275,000 (10.5%).
- Net income of 4,265,638,000 contributed positively to equity growth.
- Dividend payments of 1,212,224,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.27 Billion | +13.16% |
| Dividends Paid | €1.21 Billion | -3.74% |
| Other Changes | €17.86 Million | +0.06% |
| Total Change | €- | 10.47% |
Book Value vs Market Value Analysis
This analysis compares BYD Electronic (International) Company Limited'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: 0.20x
- 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 0.46x to 0.20x 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 | €6.30 | €2.90 | x |
| 2018-12-31 | €7.02 | €2.90 | x |
| 2019-12-31 | €7.54 | €2.90 | x |
| 2020-12-31 | €9.88 | €2.90 | x |
| 2021-12-31 | €10.66 | €2.90 | x |
| 2022-12-31 | €11.38 | €2.90 | x |
| 2023-12-31 | €13.02 | €2.90 | x |
| 2024-12-31 | €14.38 | €2.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BYD Electronic (International) Company Limited 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): 13.16%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.41%
- • Asset Turnover: 1.96x
- • Equity Multiplier: 2.79x
- Recent ROE (13.16%) is above the historical average (12.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.34% | 4.04% | 1.16x | 1.57x | €-235.01 Million |
| 2014 | 9.33% | 4.55% | 1.18x | 1.74x | €-64.82 Million |
| 2015 | 8.61% | 3.10% | 1.32x | 2.11x | €-146.63 Million |
| 2016 | 10.49% | 3.36% | 1.53x | 2.04x | €58.07 Million |
| 2017 | 18.21% | 6.67% | 1.53x | 1.79x | €1.17 Billion |
| 2018 | 13.83% | 5.33% | 1.58x | 1.65x | €606.09 Million |
| 2019 | 9.40% | 3.01% | 1.89x | 1.65x | €-101.30 Million |
| 2020 | 24.43% | 7.44% | 1.93x | 1.71x | €3.21 Billion |
| 2021 | 9.61% | 2.59% | 2.16x | 1.71x | €-92.83 Million |
| 2022 | 7.25% | 1.73% | 1.88x | 2.22x | €-705.89 Million |
| 2023 | 13.78% | 3.11% | 1.49x | 2.97x | €1.11 Billion |
| 2024 | 13.16% | 2.41% | 1.96x | 2.79x | €1.03 Billion |
Industry Comparison
This section compares BYD Electronic (International) Company Limited's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $24,569,181,607
- Average return on equity (ROE) among peers: 10.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BYD Electronic (International) Company Limited (4BY) | €32.84 Billion | 7.34% | 1.51x | $7.65 Billion |
| FIT Hon Teng Limited (0FJ) | $1.19 Billion | 14.92% | 0.91x | $3.65 Billion |
| AUO CORP. SP.ADR NEW/10 (AU7) | $191.41 Billion | -11.02% | 1.02x | $3.23 Billion |
| DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen (DAM) | $23.94 Million | 7.48% | 1.59x | $98.03 Million |
| DESWELL INDS INC. DL-01 (DW2) | $102.12 Million | 10.91% | 0.18x | $42.45 Million |
| Flex Ltd (FXI) | $2.40 Billion | 25.07% | 3.86x | $23.78 Billion |
| Valuetronics Holdings Limited (GJ7) | $938.57 Million | 16.42% | 0.94x | $241.41 Million |
| Hana Microelectronics Public Company Limited (HAA1) | $21.08 Billion | 11.27% | 0.20x | $9.31K |
| Jenoptik AG (JEN) | $597.95 Million | 14.65% | 0.65x | $1.58 Billion |
| Nanjing Panda Electronics Company Limited (NNJ) | $3.38 Billion | 4.53% | 0.37x | $93.36 Million |
About BYD Electronic (International) Company Limited
BYD Electronic (International) Company Limited, an investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People's Republic of China and internationally. The company is involved in various businesses comprising smart phones, tablet computers, new energy vehicles, AI data center, smart home solut… Read more