BOE Technology Group Co Ltd (000725) - Net Assets
Based on the latest financial reports, BOE Technology Group Co Ltd (000725) has net assets worth CN¥204.92 Billion CNY (≈ $29.99 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥430.75 Billion ≈ $63.03 Billion USD) and total liabilities (CN¥225.82 Billion ≈ $33.04 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 000725 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥204.92 Billion |
| % of Total Assets | 47.57% |
| Annual Growth Rate | 22.87% |
| 5-Year Change | 17.96% |
| 10-Year Change | 161.06% |
| Growth Volatility | 46.32 |
BOE Technology Group Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how BOE Technology Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore BOE Technology Group Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for BOE Technology Group Co Ltd (1994–2024)
The table below shows the annual net assets of BOE Technology Group Co Ltd from 1994 to 2024. For live valuation and market cap data, see how much is BOE Technology Group Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥204.55 Billion ≈ $29.93 Billion |
+3.41% |
| 2023-12-31 | CN¥197.80 Billion ≈ $28.94 Billion |
-2.10% |
| 2022-12-31 | CN¥202.05 Billion ≈ $29.57 Billion |
-7.05% |
| 2021-12-31 | CN¥217.38 Billion ≈ $31.81 Billion |
+25.36% |
| 2020-12-31 | CN¥173.40 Billion ≈ $25.37 Billion |
+22.93% |
| 2019-12-31 | CN¥141.06 Billion ≈ $20.64 Billion |
+17.20% |
| 2018-12-31 | CN¥120.36 Billion ≈ $17.61 Billion |
+15.41% |
| 2017-12-31 | CN¥104.28 Billion ≈ $15.26 Billion |
+13.33% |
| 2016-12-31 | CN¥92.02 Billion ≈ $13.46 Billion |
+17.44% |
| 2015-12-31 | CN¥78.35 Billion ≈ $11.47 Billion |
+1.81% |
| 2014-12-31 | CN¥76.96 Billion ≈ $11.26 Billion |
+101.71% |
| 2013-12-31 | CN¥38.15 Billion ≈ $5.58 Billion |
+8.19% |
| 2012-12-31 | CN¥35.26 Billion ≈ $5.16 Billion |
+0.63% |
| 2011-12-31 | CN¥35.05 Billion ≈ $5.13 Billion |
+2.29% |
| 2010-12-31 | CN¥34.26 Billion ≈ $5.01 Billion |
+56.18% |
| 2009-12-31 | CN¥21.94 Billion ≈ $3.21 Billion |
+226.49% |
| 2008-12-31 | CN¥6.72 Billion ≈ $983.17 Million |
+21.69% |
| 2007-12-31 | CN¥5.52 Billion ≈ $807.95 Million |
+28.48% |
| 2006-12-31 | CN¥4.30 Billion ≈ $628.85 Million |
+18.99% |
| 2005-12-31 | CN¥3.61 Billion ≈ $528.48 Million |
-34.11% |
| 2004-12-31 | CN¥5.48 Billion ≈ $802.07 Million |
+77.03% |
| 2003-12-31 | CN¥3.10 Billion ≈ $453.06 Million |
+17.24% |
| 2002-12-31 | CN¥2.64 Billion ≈ $386.45 Million |
+13.06% |
| 2001-12-31 | CN¥2.34 Billion ≈ $341.80 Million |
+0.79% |
| 2000-12-31 | CN¥2.32 Billion ≈ $339.11 Million |
+84.77% |
| 1999-12-31 | CN¥1.25 Billion ≈ $183.52 Million |
+14.80% |
| 1998-12-31 | CN¥1.09 Billion ≈ $159.86 Million |
+14.03% |
| 1997-12-31 | CN¥958.01 Million ≈ $140.19 Million |
+66.62% |
| 1996-12-31 | CN¥574.95 Million ≈ $84.13 Million |
+23.21% |
| 1995-12-31 | CN¥466.65 Million ≈ $68.29 Million |
+10.03% |
| 1994-12-31 | CN¥424.12 Million ≈ $62.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to BOE Technology Group Co Ltd'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 32260.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥39.41 Billion | 29.65% |
| Common Stock | CN¥37.65 Billion | 28.32% |
| Other Components | CN¥55.88 Billion | 42.04% |
| Total Equity | CN¥132.94 Billion | 100.00% |
BOE Technology Group Co Ltd Competitors by Market Cap
The table below lists competitors of BOE Technology Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airports of Thailand Public Company Limited
F:NYVQ
|
$21.71 Billion |
|
Indian Oil Corporation Limited
NSE:IOC
|
$21.72 Billion |
|
Veralto Corporation
NYSE:VLTO
|
$21.76 Billion |
|
Coles Group Ltd
AU:COL
|
$21.77 Billion |
|
Telefonica
MC:TEF
|
$21.69 Billion |
|
Veolia Environnement VE SA
PA:VIE
|
$21.66 Billion |
|
Woodward Inc
NASDAQ:WWD
|
$21.64 Billion |
|
InterContinental Hotels Group PLC
LSE:IHG
|
$21.64 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BOE Technology Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 129,428,307,067 to 132,937,555,000, a change of 3,509,247,933 (2.7%).
- Net income of 5,323,249,000 contributed positively to equity growth.
- Dividend payments of 6,299,389,000 reduced retained earnings.
- Share repurchases of 999,872,000 reduced equity.
- Other factors increased equity by 5,485,259,933.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥5.32 Billion | +4.0% |
| Dividends Paid | CN¥6.30 Billion | -4.74% |
| Share Repurchases | CN¥999.87 Million | -0.75% |
| Other Changes | CN¥5.49 Billion | +4.13% |
| Total Change | CN¥- | 2.71% |
Book Value vs Market Value Analysis
This analysis compares BOE Technology Group Co Ltd'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: 1.16x
- 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 34.36x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.12 | CN¥4.08 | x |
| 1995-12-31 | CN¥0.13 | CN¥4.08 | x |
| 1996-12-31 | CN¥0.16 | CN¥4.08 | x |
| 1997-12-31 | CN¥0.27 | CN¥4.08 | x |
| 1998-12-31 | CN¥0.29 | CN¥4.08 | x |
| 1999-12-31 | CN¥0.31 | CN¥4.08 | x |
| 2000-12-31 | CN¥0.61 | CN¥4.08 | x |
| 2001-12-31 | CN¥0.60 | CN¥4.08 | x |
| 2002-12-31 | CN¥0.63 | CN¥4.08 | x |
| 2003-12-31 | CN¥0.74 | CN¥4.08 | x |
| 2004-12-31 | CN¥1.43 | CN¥4.08 | x |
| 2005-12-31 | CN¥0.98 | CN¥4.08 | x |
| 2006-12-31 | CN¥1.25 | CN¥4.08 | x |
| 2007-12-31 | CN¥1.32 | CN¥4.08 | x |
| 2008-12-31 | CN¥1.65 | CN¥4.08 | x |
| 2009-12-31 | CN¥3.02 | CN¥4.08 | x |
| 2010-12-31 | CN¥2.52 | CN¥4.08 | x |
| 2011-12-31 | CN¥1.87 | CN¥4.08 | x |
| 2012-12-31 | CN¥1.91 | CN¥4.08 | x |
| 2013-12-31 | CN¥2.09 | CN¥4.08 | x |
| 2014-12-31 | CN¥2.59 | CN¥4.08 | x |
| 2015-12-31 | CN¥2.18 | CN¥4.08 | x |
| 2016-12-31 | CN¥2.26 | CN¥4.08 | x |
| 2017-12-31 | CN¥2.47 | CN¥4.08 | x |
| 2018-12-31 | CN¥2.50 | CN¥4.08 | x |
| 2019-12-31 | CN¥2.73 | CN¥4.08 | x |
| 2020-12-31 | CN¥2.97 | CN¥4.08 | x |
| 2021-12-31 | CN¥4.01 | CN¥4.08 | x |
| 2022-12-31 | CN¥3.63 | CN¥4.08 | x |
| 2023-12-31 | CN¥3.46 | CN¥4.08 | x |
| 2024-12-31 | CN¥3.53 | CN¥4.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BOE Technology Group Co Ltd 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): 4.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.68%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 3.23x
- Recent ROE (4.00%) is above the historical average (2.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 23.97% | 72.94% | 0.19x | 1.71x | CN¥57.29 Million |
| 1995 | 22.74% | 55.44% | 0.23x | 1.81x | CN¥57.10 Million |
| 1996 | 19.48% | 56.28% | 0.20x | 1.70x | CN¥52.37 Million |
| 1997 | 13.31% | 45.06% | 0.19x | 1.54x | CN¥30.86 Million |
| 1998 | 6.12% | 25.57% | 0.14x | 1.73x | CN¥-38.46 Million |
| 1999 | 6.99% | 10.04% | 0.33x | 2.12x | CN¥-32.15 Million |
| 2000 | 5.27% | 4.85% | 0.57x | 1.92x | CN¥-99.25 Million |
| 2001 | 2.89% | 2.24% | 0.67x | 1.94x | CN¥-148.10 Million |
| 2002 | 3.79% | 1.73% | 0.71x | 3.11x | CN¥-135.50 Million |
| 2003 | 15.68% | 3.61% | 0.93x | 4.68x | CN¥146.10 Million |
| 2004 | 4.16% | 1.66% | 0.69x | 3.62x | CN¥-289.63 Million |
| 2005 | -46.99% | -11.79% | 0.64x | 6.19x | CN¥-1.92 Billion |
| 2006 | -48.63% | -19.61% | 0.54x | 4.58x | CN¥-2.08 Billion |
| 2007 | 15.12% | 6.19% | 0.83x | 2.93x | CN¥233.89 Million |
| 2008 | -13.60% | -9.69% | 0.60x | 2.35x | CN¥-1.40 Billion |
| 2009 | 0.28% | 0.79% | 0.20x | 1.70x | CN¥-1.75 Billion |
| 2010 | -8.03% | -24.97% | 0.15x | 2.17x | CN¥-4.50 Billion |
| 2011 | 2.19% | 4.40% | 0.19x | 2.69x | CN¥-2.00 Billion |
| 2012 | 1.00% | 1.00% | 0.38x | 2.59x | CN¥-2.33 Billion |
| 2013 | 8.33% | 6.97% | 0.36x | 3.28x | CN¥-471.82 Million |
| 2014 | 3.36% | 6.96% | 0.27x | 1.79x | CN¥-5.05 Billion |
| 2015 | 2.11% | 3.37% | 0.32x | 1.97x | CN¥-6.11 Billion |
| 2016 | 2.39% | 2.73% | 0.34x | 2.61x | CN¥-5.99 Billion |
| 2017 | 8.92% | 8.07% | 0.37x | 3.02x | CN¥-913.30 Million |
| 2018 | 4.00% | 3.54% | 0.32x | 3.54x | CN¥-5.15 Billion |
| 2019 | 2.02% | 1.65% | 0.34x | 3.58x | CN¥-7.59 Billion |
| 2020 | 4.88% | 3.71% | 0.32x | 4.11x | CN¥-5.29 Billion |
| 2021 | 18.14% | 11.75% | 0.49x | 3.15x | CN¥11.65 Billion |
| 2022 | 5.54% | 4.23% | 0.42x | 3.09x | CN¥-6.07 Billion |
| 2023 | 1.97% | 1.46% | 0.42x | 3.24x | CN¥-10.40 Billion |
| 2024 | 4.00% | 2.68% | 0.46x | 3.23x | CN¥-7.97 Billion |
Industry Comparison
This section compares BOE Technology Group Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $3,236,404,546
- Average return on equity (ROE) among peers: 8.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BOE Technology Group Co Ltd (000725) | CN¥204.92 Billion | 23.97% | 1.10x | $21.70 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About BOE Technology Group Co Ltd
BOE Technology Group Company Limited operates display, Internet of Things (IoT) innovation, sensor, and MLED, smart medicine engineering, and other business in Mainland China and internationally. The company's Display Business segment designs and manufactures display devices and strives, including TFT-LCD, AMOLED, micro displays, and other intelligent interface devices. Its IoT Innovation Busines… Read more