Beijing North Star Company Limited (BJ3) - Net Assets
Based on the latest financial reports, Beijing North Star Company Limited (BJ3) has net assets worth €9.00 Billion EUR (≈ $10.52 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 (€42.62 Billion ≈ $49.83 Billion USD) and total liabilities (€33.63 Billion ≈ $39.31 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 how tangible is Beijing North Star Company Limited's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €9.00 Billion |
| % of Total Assets | 21.11% |
| Annual Growth Rate | -1.25% |
| 5-Year Change | -52.57% |
| 10-Year Change | -25.23% |
| Growth Volatility | 14.72 |
Beijing North Star Company Limited - Net Assets Trend (2013–2025)
This chart illustrates how Beijing North Star Company Limited's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Beijing North Star Company Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Beijing North Star Company Limited (2013–2025)
The table below shows the annual net assets of Beijing North Star Company Limited from 2013 to 2025. For live valuation and market cap data, see BJ3 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €9.16 Billion ≈ $10.71 Billion |
-22.16% |
| 2024-12-31 | €11.77 Billion ≈ $13.76 Billion |
-24.23% |
| 2023-12-31 | €15.53 Billion ≈ $18.16 Billion |
-2.69% |
| 2022-12-31 | €15.96 Billion ≈ $18.66 Billion |
-17.35% |
| 2021-12-31 | €19.31 Billion ≈ $22.57 Billion |
-2.13% |
| 2020-12-31 | €19.73 Billion ≈ $23.07 Billion |
-1.69% |
| 2019-12-31 | €20.07 Billion ≈ $23.46 Billion |
+19.14% |
| 2018-12-31 | €16.84 Billion ≈ $19.69 Billion |
+26.06% |
| 2017-12-31 | €13.36 Billion ≈ $15.62 Billion |
+9.08% |
| 2016-12-31 | €12.25 Billion ≈ $14.32 Billion |
+3.21% |
| 2015-12-31 | €11.87 Billion ≈ $13.88 Billion |
+7.18% |
| 2014-12-31 | €11.07 Billion ≈ $12.95 Billion |
+3.97% |
| 2013-12-31 | €10.65 Billion ≈ $12.45 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing North Star 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 decreased by 138.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €8.06 Billion | 120.25% |
| Total Equity | €6.70 Billion | 100.00% |
Beijing North Star Company Limited Competitors by Market Cap
The table below lists competitors of Beijing North Star Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Innox Corporation
KQ:088390
|
$56.65 Million |
|
Regal Holding Co Ltd
TW:4807
|
$56.67 Million |
|
Greenwood Sejahtera Tbk
JK:GWSA
|
$56.68 Million |
|
Columbus
WAR:CLC
|
$56.69 Million |
|
TPL Plastech Limited
NSE:TPLPLASTEH
|
$56.60 Million |
|
Chung Fu Tex-International Corp
TW:1435
|
$56.59 Million |
|
Atari S.A.
PA:ALATA
|
$56.57 Million |
|
Big Sunshine Co Ltd
TW:1475
|
$56.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing North Star Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,699,142,595 to 6,702,492,229, a change of -2,996,650,366 (-30.9%).
- Net loss of 2,988,106,666 reduced equity.
- Dividend payments of 980,960,170 reduced retained earnings.
- Other factors increased equity by 972,416,470.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.99 Billion | -44.58% |
| Dividends Paid | €980.96 Million | -14.64% |
| Other Changes | €972.42 Million | +14.51% |
| Total Change | €- | -30.90% |
Book Value vs Market Value Analysis
This analysis compares Beijing North Star 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: 0.03x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3.74 | €0.07 | x |
| 2018-12-31 | €4.52 | €0.07 | x |
| 2019-12-31 | €5.16 | €0.07 | x |
| 2020-12-31 | €5.06 | €0.07 | x |
| 2021-12-31 | €4.59 | €0.07 | x |
| 2022-12-31 | €3.80 | €0.07 | x |
| 2023-12-31 | €3.82 | €0.07 | x |
| 2024-12-31 | €2.88 | €0.07 | x |
| 2025-12-31 | €1.99 | €0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing North Star 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): -44.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -49.30%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 6.44x
- Recent ROE (-44.58%) is below the historical average (-2.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 6.29% | 12.07% | 0.17x | 3.04x | €-392.68 Million |
| 2014 | 4.87% | 8.52% | 0.17x | 3.46x | €-559.27 Million |
| 2015 | 5.43% | 8.52% | 0.15x | 4.21x | €-514.56 Million |
| 2016 | 5.15% | 6.11% | 0.15x | 5.52x | €-565.47 Million |
| 2017 | 9.05% | 7.38% | 0.19x | 6.35x | €-119.49 Million |
| 2018 | 7.82% | 6.66% | 0.19x | 6.04x | €-332.23 Million |
| 2019 | 9.52% | 8.22% | 0.21x | 5.40x | €-82.86 Million |
| 2020 | 1.59% | 1.51% | 0.21x | 5.07x | €-1.43 Billion |
| 2021 | 1.31% | 0.92% | 0.28x | 5.16x | €-1.34 Billion |
| 2022 | -12.32% | -12.13% | 0.19x | 5.26x | €-2.85 Billion |
| 2023 | 0.53% | 0.43% | 0.28x | 4.38x | €-1.22 Billion |
| 2024 | -29.15% | -39.53% | 0.15x | 5.04x | €-3.80 Billion |
| 2025 | -44.58% | -49.30% | 0.14x | 6.44x | €-3.66 Billion |
Industry Comparison
This section compares Beijing North Star Company Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $50,690,594,321
- Average return on equity (ROE) among peers: 6.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing North Star Company Limited (BJ3) | €9.00 Billion | 6.29% | 3.74x | $56.62 Million |
| REDSUN PROPERTIES GROUP (0RJ) | $14.82 Billion | -48.67% | 4.05x | $3.34 Million |
| CHINA VANKE CO.LTD H YC 1 (18V) | $338.85 Billion | -14.60% | 2.80x | $706.82 Million |
| ABITARE IN S.P.A. (1BN) | $96.01 Million | 8.22% | 3.00x | $65.18 Million |
| RONSHINE CH.HLD.HD-00001 (1R7) | $22.79 Billion | -25.98% | 5.46x | $15.74 Million |
| Pruksa Holding Public Company Limited (2PR3) | $38.66 Billion | 14.11% | 0.87x | $181.69 Million |
| Zhong An Group Limited (35Z) | $6.99 Billion | 4.57% | 1.97x | $32.78 Million |
| Sino-Ocean Group Holding Limited (3SD) | $65.61 Billion | 4.05% | 2.71x | $111.59 Million |
| BARKBY GRP PLC LS 000860 (3WY) | $32.85 Million | 132.07% | 0.83x | $125.67 Million |
| HUIJING HLDG.CO.LTD HD-01 (3XU) | $-334.48 Million | 0.00% | 0.00x | $7.88 Million |
| ZHONGLIANG HLDG HD-01 (3ZH) | $19.38 Billion | -12.52% | 5.87x | $10.40 Million |
About Beijing North Star Company Limited
Beijing North Star Company Limited engages in real estate development, property leasing, and hotel and property management in the People's Republic of China. It operates through the Real Estate Development; Convention and Exhibition and Commercial Properties; and Other segments. The company is involved in the development and sale of residential properties; trading activities; multimedia informati… Read more