Bgin Blockchain Limited Class A Ordinary Shares
Bgin Blockchain Limited, through its subsidiaries, operates as a digital asset technology company in Singapore, Hong Kong, the United States, and rest of Southeast Asia. It produces cryptocurrencies through its mining operations. The company also designs and sells mining machines for individual miners and distributors, as well as develops computer chips. In addition, it offers miner hosting, mini… Read more
Bgin Blockchain Limited Class A Ordinary Shares (BGIN) - Net Assets
Latest net assets as of June 2025: $146.60 Million USD
Based on the latest financial reports, Bgin Blockchain Limited Class A Ordinary Shares (BGIN) has net assets worth $146.60 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($194.85 Million) and total liabilities ($48.25 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $146.60 Million |
| % of Total Assets | 75.24% |
| Annual Growth Rate | 178.92% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 714.56 |
Bgin Blockchain Limited Class A Ordinary Shares - Net Assets Trend (2021–2024)
This chart illustrates how Bgin Blockchain Limited Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bgin Blockchain Limited Class A Ordinary Shares (2021–2024)
The table below shows the annual net assets of Bgin Blockchain Limited Class A Ordinary Shares from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $210.06 Million | +41.06% |
| 2023-12-31 | $148.92 Million | +1532.94% |
| 2022-12-31 | $9.12 Million | -5.73% |
| 2021-12-31 | $9.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bgin Blockchain Limited Class A Ordinary Shares'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 2111.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $209.95 Million | 100.12% |
| Other Comprehensive Income | $-244.06K | -0.12% |
| Total Equity | $209.71 Million | 100.00% |
Bgin Blockchain Limited Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Bgin Blockchain Limited Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CLOCKCHAIN AG INH O.N.
F:U1DA
|
$27.15K |
|
International Media Acquisition Corp. Warrants
NASDAQ:IMAQW
|
$27.15K |
|
BRIQ PPTS REAL ESTATE
F:BRW
|
$27.15K |
|
OCADO GROUP
BE:0OC
|
$27.15K |
|
Inergy Technology Inc.
TWO:6693
|
$27.14K |
|
Precious Metals And Mining Trust
TO:MMP-UN
|
$27.12K |
|
Embrace Change Acquisition Corp Warrants
NASDAQ:EMCGW
|
$27.11K |
|
WPP - Dusseldorf Stock Exchang
DU:0WP
|
$27.10K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bgin Blockchain Limited Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 148,777,890 to 209,710,137, a change of 60,932,247 (41.0%).
- Net income of 65,932,247 contributed positively to equity growth.
- Other factors decreased equity by 5,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $65.93 Million | +31.44% |
| Other Changes | $-5.00 Million | -2.38% |
| Total Change | $- | 40.96% |
Book Value vs Market Value Analysis
This analysis compares Bgin Blockchain Limited Class A Ordinary Shares'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: 1.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 33.15x to 1.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.08 | $2.81 | x |
| 2022-12-31 | $0.08 | $2.81 | x |
| 2023-12-31 | $1.30 | $2.81 | x |
| 2024-12-31 | $1.84 | $2.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bgin Blockchain Limited Class A Ordinary Shares 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): 31.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.81%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 1.29x
- Recent ROE (31.44%) is below the historical average (50.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 79.67% | 35.81% | 1.43x | 1.56x | $6.74 Million |
| 2022 | -2.44% | -1.46% | 1.27x | 1.32x | $-1.12 Million |
| 2023 | 93.90% | 54.30% | 1.34x | 1.29x | $124.83 Million |
| 2024 | 31.44% | 21.81% | 1.12x | 1.29x | $44.96 Million |
Industry Comparison
This section compares Bgin Blockchain Limited Class A Ordinary Shares's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $113,500,367,432
- Average return on equity (ROE) among peers: -101.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bgin Blockchain Limited Class A Ordinary Shares (BGIN) | $146.60 Million | 79.67% | 0.33x | $27.14K |
| Acer Incorporated (ACEYY) | $75.03 Billion | -3.88% | 2.02x | $3.26 Billion |
| AGM Group Holdings Inc Class A (AGMH) | $4.25 Million | 55.33% | 1.47x | $2.33 Million |
| AstroNova Inc (ALOT) | $33.90 Million | 8.85% | 0.18x | $49.05 Million |
| Arista Networks (ANET) | $788.15 Million | 15.37% | 0.47x | $138.43 Billion |
| Braiin Limited Common Stock (BRAI) | $-2.83 Million | 0.00% | 0.00x | $46.37 Million |
| BTC Digital Ltd. (BTCT) | $36.58 Million | -1050.71% | 23.21x | $9.90 Million |
| Canon Inc. (CAJPY) | $945.07 Billion | 3.28% | 1.35x | $24.42 Billion |
| Canaan Inc (CAN) | $543.31 Million | 56.77% | 0.63x | $346.91 Million |
| CCUR Holdings Inc (CCUR) | $-1.50 Million | 0.00% | 0.00x | $6.74 Million |