BlackRock Science and Technology Trust II
BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors. It primarily invests in growth stocks of companies across all market capitalizations. Black… Read more
BlackRock Science and Technology Trust II (BSTZ) - Net Assets
Latest net assets as of June 2025: $1.53 Billion USD
Based on the latest financial reports, BlackRock Science and Technology Trust II (BSTZ) has net assets worth $1.53 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 ($1.60 Billion) and total liabilities ($62.11 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 | $1.53 Billion |
| % of Total Assets | 96.11% |
| Annual Growth Rate | 13.1% |
| 5-Year Change | 5.98% |
| 10-Year Change | N/A |
| Growth Volatility | 37.63 |
BlackRock Science and Technology Trust II - Net Assets Trend (2019–2024)
This chart illustrates how BlackRock Science and Technology Trust II's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BlackRock Science and Technology Trust II (2019–2024)
The table below shows the annual net assets of BlackRock Science and Technology Trust II from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.37 Billion | +14.92% |
| 2023-12-31 | $1.20 Billion | +24.54% |
| 2022-12-31 | $960.70 Million | -42.85% |
| 2021-12-31 | $1.68 Billion | +29.59% |
| 2020-12-31 | $1.30 Billion | +74.69% |
| 2019-12-31 | $742.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BlackRock Science and Technology Trust II'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 450.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $645.31 Million | 46.94% |
| Common Stock | $729.56 Million | 53.06% |
| Total Equity | $1.37 Billion | 100.00% |
BlackRock Science and Technology Trust II Competitors by Market Cap
The table below lists competitors of BlackRock Science and Technology Trust II ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FORTUM (FOT.SG)
STU:FOT
|
$215.12K |
|
SPARTA
MU:SPT6
|
$215.20K |
|
Spectrum Electrica
NSE:SPECTRUM-SM
|
$215.37K |
|
ELECTRIC POWER DEVL
MU:FJG
|
$215.37K |
|
B2W - Companhia Digital
OTCGREY:BZWHF
|
$215.06K |
|
JERONIMO MARTINS - Dusseldorf Stock Exchang
DU:JEM
|
$214.96K |
|
Xos Equity Warrants
NASDAQ:XOSWW
|
$214.86K |
|
AMER PUBLIC EDU
BE:51A
|
$214.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BlackRock Science and Technology Trust II's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,196,424,626 to 1,374,876,360, a change of 178,451,734 (14.9%).
- Net income of 272,279,455 contributed positively to equity growth.
- Dividend payments of 102,463,205 reduced retained earnings.
- Share repurchases of 82,227,801 reduced equity.
- Other comprehensive income decreased equity by 417,839,302.
- Other factors increased equity by 508,702,587.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $272.28 Million | +19.8% |
| Dividends Paid | $102.46 Million | -7.45% |
| Share Repurchases | $82.23 Million | -5.98% |
| Other Comprehensive Income | $-417.84 Million | -30.39% |
| Other Changes | $508.70 Million | +37.0% |
| Total Change | $- | 14.92% |
Book Value vs Market Value Analysis
This analysis compares BlackRock Science and Technology Trust II'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: 0.55x
- 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 0.70x to 0.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $31.46 | $21.90 | x |
| 2020-12-31 | $50.36 | $21.90 | x |
| 2021-12-31 | $52.40 | $21.90 | x |
| 2022-12-31 | $29.77 | $21.90 | x |
| 2023-12-31 | $35.59 | $21.90 | x |
| 2024-12-31 | $39.69 | $21.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BlackRock Science and Technology Trust II 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): 19.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 99.31%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.01x
- Recent ROE (19.80%) is above the historical average (8.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 15.25% | 99.57% | 0.15x | 1.02x | $38.96 Million |
| 2020 | 114.46% | 99.87% | 1.12x | 1.02x | $1.36 Billion |
| 2021 | 14.78% | 99.14% | 0.15x | 1.02x | $80.43 Million |
| 2022 | -139.07% | 0.00% | -1.38x | 1.01x | $-1.43 Billion |
| 2023 | 24.25% | 0.00% | -0.03x | 1.02x | $170.50 Million |
| 2024 | 19.80% | 99.31% | 0.20x | 1.01x | $134.79 Million |
Industry Comparison
This section compares BlackRock Science and Technology Trust II's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackRock Science and Technology Trust II (BSTZ) | $1.53 Billion | 15.25% | 0.04x | $215.12K |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |