BlackRock Science and Technology Trust II (BSTZ) - Net Assets
Based on the latest financial reports, BlackRock Science and Technology Trust II (BSTZ) has net assets worth $1.72 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.75 Billion) and total liabilities ($36.01 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. Also explore how large is BlackRock Science and Technology Trust I's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.72 Billion |
| % of Total Assets | 97.95% |
| Annual Growth Rate | 14.99% |
| 5-Year Change | 2.14% |
| 10-Year Change | N/A |
| Growth Volatility | 40.94 |
BlackRock Science and Technology Trust II - Net Assets Trend (2019–2025)
This chart illustrates how BlackRock Science and Technology Trust II's net assets have evolved over time, based on quarterly financial data. Check how tangible is BlackRock Science and Technology Trust I's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for BlackRock Science and Technology Trust II (2019–2025)
The table below shows the annual net assets of BlackRock Science and Technology Trust II from 2019 to 2025. For live valuation and market cap data, see BlackRock Science and Technology Trust I (BSTZ) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.72 Billion | +2.60% |
| 2024-12-31 | $1.67 Billion | +2.69% |
| 2023-12-31 | $1.63 Billion | +69.65% |
| 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 560.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $774.43 Million | 45.10% |
| Common Stock | $942.67 Million | 54.90% |
| Total Equity | $1.72 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 |
|---|---|
|
Suzhou TZTEK Technology Co Ltd
SHG:688003
|
$1.96 Billion |
|
Trust Alliance Information Development Inc Ltd Shanghai
SHE:300469
|
$1.96 Billion |
|
Aecon Group Inc.
TO:ARE
|
$1.96 Billion |
|
ArcSoft Corp Ltd
SHG:688088
|
$1.96 Billion |
|
Zhejiang Transfar Co Ltd
SHE:002010
|
$1.95 Billion |
|
NOS S.G.P.S. S.A.
LS:NOS
|
$1.95 Billion |
|
Primaris Retail R.E. Invest. Tr. Units
TO:PMZ-UN
|
$1.95 Billion |
|
Nanobiotix
NASDAQ:NBTX
|
$1.95 Billion |
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 2024 to 2025, total equity changed from 1,374,876,360 to 1,717,101,483, a change of 342,225,123 (24.9%).
- Net income of 314,359,050 contributed positively to equity growth.
- Dividend payments of 191,706,227 reduced retained earnings.
- Share repurchases of 74,446,790 reduced equity.
- Other factors increased equity by 294,019,090.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $314.36 Million | +18.31% |
| Dividends Paid | $191.71 Million | -11.16% |
| Share Repurchases | $74.45 Million | -4.34% |
| Other Changes | $294.02 Million | +17.12% |
| Total Change | $- | 24.89% |
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: 1.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.90x to 1.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $31.46 | $28.43 | x |
| 2020-12-31 | $50.36 | $28.43 | x |
| 2021-12-31 | $52.40 | $28.43 | x |
| 2022-12-31 | $29.77 | $28.43 | x |
| 2023-12-31 | $35.59 | $28.43 | x |
| 2024-12-31 | $39.69 | $28.43 | x |
| 2025-12-31 | $24.98 | $28.43 | 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): 18.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 118.20%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.02x
- Recent ROE (18.31%) is above the historical average (9.68%), 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% | -0.02x | 1.39x | $170.50 Million |
| 2024 | 19.80% | 99.31% | 0.16x | 1.24x | $134.79 Million |
| 2025 | 18.31% | 118.20% | 0.15x | 1.02x | $142.65 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: $1,410,762,054
- Average return on equity (ROE) among peers: -3.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackRock Science and Technology Trust II (BSTZ) | $1.72 Billion | 15.25% | 0.02x | $1.95 Billion |
| Acadian Asset Management Inc (AAMI) | $87.10 Million | 97.59% | 7.07x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 17.42% | 0.00x | $3.34 Billion |
| Associated Capital Group Inc (AC) | $878.25 Million | 1.16% | 0.08x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $134.47 Million | -29.02% | 0.04x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $194.14 Million |
| Alpha Compute Corp (ALP) | $4.53 Million | -55.38% | 0.03x | $4.60 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $970.20 Million | -10.62% | 0.29x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $4.30 Billion | 10.10% | 0.79x | $9.37 Billion |
| Ameriprise Financial Inc (AMP) | $6.70 Billion | 11.85% | 12.89x | $40.38 Billion |
| AMTD IDEA Group (AMTD) | $-578.49 Million | 0.00% | 0.00x | $31.91 Million |
About 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