Beijing Bewinner Communications Co Ltd Net Assets

Latest as of June 2026: CN¥1.24 Billion CNY ≈ $181.50 Million USD

Beijing Bewinner Communications Co Ltd net assets. Based on the latest financial reports, Beijing Bewinner Communications Co Ltd (002148) has net assets worth CN¥1.24 Billion CNY (≈ $181.50 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.36 Billion ≈ $199.51 Million USD) and total liabilities (CN¥123.11 Million ≈ $18.01 Million 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. Also explore Beijing Bewinner Communications Co Ltd (002148) net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.24 Billion
% of Total Assets	90.97%
Annual Growth Rate	13.97%
5-Year Change	3.78%
10-Year Change	10.14%
Growth Volatility	48.87

Net Assets of Beijing Bewinner Communications Co Ltd (2004–2025)

Net assets of Beijing Bewinner Communications Co Ltd from 2004 to 2025. This chart illustrates how Beijing Bewinner Communications Co Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Beijing Bewinner Communications Co Ltd to measure how much of total assets are equity-financed.

Annual Net Assets for Beijing Bewinner Communications Co Ltd (2004–2025)

The table below shows the annual net assets of Beijing Bewinner Communications Co Ltd from 2004 to 2025. For live market cap and overall valuation, see Beijing Bewinner Communications Co Ltd (002148) total market value.

Year	Net Assets	Change
2025-12-31	CN¥1.22 Billion ≈ $179.20 Million	-1.12%
2024-12-31	CN¥1.24 Billion ≈ $181.22 Million	+1.15%
2023-12-31	CN¥1.22 Billion ≈ $179.17 Million	+2.44%
2022-12-31	CN¥1.20 Billion ≈ $174.90 Million	+1.29%
2021-12-31	CN¥1.18 Billion ≈ $172.67 Million	+3.67%
2020-12-31	CN¥1.14 Billion ≈ $166.56 Million	+1.16%
2019-12-31	CN¥1.13 Billion ≈ $164.64 Million	-4.06%
2018-12-31	CN¥1.17 Billion ≈ $171.61 Million	-4.02%
2017-12-31	CN¥1.22 Billion ≈ $178.79 Million	+9.89%
2016-12-31	CN¥1.11 Billion ≈ $162.70 Million	+9.55%
2015-12-31	CN¥1.01 Billion ≈ $148.52 Million	-1.69%
2014-12-31	CN¥1.03 Billion ≈ $151.07 Million	+90.33%
2013-12-31	CN¥542.42 Million ≈ $79.37 Million	+9.15%
2012-12-31	CN¥496.94 Million ≈ $72.72 Million	+9.33%
2011-12-31	CN¥454.51 Million ≈ $66.51 Million	+6.59%
2010-12-31	CN¥426.40 Million ≈ $62.40 Million	+8.74%
2009-12-31	CN¥392.12 Million ≈ $57.38 Million	+5.48%
2008-12-31	CN¥371.74 Million ≈ $54.40 Million	+7.03%
2007-12-31	CN¥347.32 Million ≈ $50.82 Million	+220.78%
2006-12-31	CN¥108.27 Million ≈ $15.84 Million	+13.08%
2005-12-31	CN¥95.75 Million ≈ $14.01 Million	+21.79%
2004-12-31	CN¥78.61 Million ≈ $11.50 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Beijing Bewinner Communications 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 927.5% over the analyzed period, indicating profitable operations and earnings retention.

Beijing Bewinner Communications Co Ltd Net Assets Breakdown (December 2025)

Beijing Bewinner Communications Co Ltd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	CN¥403.38 Million	33.14%
Other Components	CN¥813.73 Million	66.86%
Total Equity	CN¥1.22 Billion	100.00%

Beijing Bewinner Communications Co Ltd Competitors by Market Cap

The table below lists competitors of Beijing Bewinner Communications Co Ltd ranked by their market capitalization.

Company	Market Cap
Aberdeen Standard Global Infrastructure Income Fund NYSE:ASGI	$472.62 Million
Zhejiang Jindun Fans Co Ltd SHE:300411	$472.92 Million
Hunan Huamin Holdings Co Ltd SHE:300345	$472.97 Million
ShenZhen Zero-Seven Co Ltd SHE:000007	$473.00 Million
Surya Citra Media Tbk JK:SCMA	$472.58 Million
Penyao Environmental Protection Co Ltd Class A SHE:300664	$472.54 Million
COINSHARES I. LS-000247 F:3TW	$472.53 Million
Metrogas SA BA:METR	$472.41 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Beijing Bewinner Communications Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,227,413,385 to 1,217,112,261, a change of -10,301,124 (-0.8%).
Net loss of 5,610,664 reduced equity.
Dividend payments of 8,935,633 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-5.61 Million	-0.46%
Dividends Paid	CN¥8.94 Million	-0.73%
Other Changes	CN¥4.25 Million	+0.35%
Total Change	CN¥-	-0.84%

Book Value vs Market Value Analysis

This analysis compares Beijing Bewinner Communications 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: 2.65x
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 10.41x to 2.65x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	CN¥0.56	CN¥5.78	x
2005-12-31	CN¥0.67	CN¥5.78	x
2006-12-31	CN¥0.63	CN¥5.78	x
2007-12-31	CN¥1.85	CN¥5.78	x
2008-12-31	CN¥1.65	CN¥5.78	x
2009-12-31	CN¥1.73	CN¥5.78	x
2010-12-31	CN¥1.88	CN¥5.78	x
2011-12-31	CN¥1.95	CN¥5.78	x
2012-12-31	CN¥1.00	CN¥5.78	x
2013-12-31	CN¥1.09	CN¥5.78	x
2014-12-31	CN¥1.84	CN¥5.78	x
2015-12-31	CN¥1.68	CN¥5.78	x
2016-12-31	CN¥1.95	CN¥5.78	x
2017-12-31	CN¥2.13	CN¥5.78	x
2018-12-31	CN¥1.93	CN¥5.78	x
2019-12-31	CN¥1.95	CN¥5.78	x
2020-12-31	CN¥2.17	CN¥5.78	x
2021-12-31	CN¥2.11	CN¥5.78	x
2022-12-31	CN¥2.11	CN¥5.78	x
2023-12-31	CN¥2.13	CN¥5.78	x
2024-12-31	CN¥2.34	CN¥5.78	x
2025-12-31	CN¥2.18	CN¥5.78	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Bewinner Communications 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): -0.46%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.47%
• Asset Turnover: 0.28x
• Equity Multiplier: 1.12x
Recent ROE (-0.46%) is below the historical average (8.42%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	34.41%	35.75%	0.80x	1.20x	CN¥19.18 Million
2005	31.02%	31.60%	0.92x	1.07x	CN¥20.11 Million
2006	29.09%	27.68%	0.85x	1.24x	CN¥20.67 Million
2007	9.18%	29.77%	0.30x	1.03x	CN¥-2.84 Million
2008	9.28%	23.78%	0.38x	1.02x	CN¥-2.68 Million
2009	9.05%	21.61%	0.41x	1.02x	CN¥-3.71 Million
2010	11.17%	21.09%	0.52x	1.03x	CN¥4.99 Million
2011	2.57%	4.89%	0.51x	1.02x	CN¥-33.79 Million
2012	9.22%	20.36%	0.44x	1.03x	CN¥-3.86 Million
2013	10.39%	20.02%	0.49x	1.07x	CN¥2.12 Million
2014	1.49%	6.70%	0.20x	1.12x	CN¥-87.44 Million
2015	-1.89%	-9.86%	0.17x	1.10x	CN¥-120.13 Million
2016	7.22%	19.99%	0.32x	1.12x	CN¥-30.31 Million
2017	10.80%	22.76%	0.42x	1.13x	CN¥9.55 Million
2018	3.62%	17.92%	0.18x	1.11x	CN¥-73.52 Million
2019	-2.56%	-16.45%	0.14x	1.12x	CN¥-139.20 Million
2020	1.38%	9.61%	0.13x	1.11x	CN¥-96.84 Million
2021	4.74%	25.62%	0.17x	1.10x	CN¥-61.96 Million
2022	1.42%	7.26%	0.18x	1.10x	CN¥-102.57 Million
2023	1.88%	8.62%	0.20x	1.11x	CN¥-98.93 Million
2024	2.13%	9.30%	0.20x	1.13x	CN¥-96.56 Million
2025	-0.46%	-1.47%	0.28x	1.12x	CN¥-127.32 Million

Industry Comparison

This section compares Beijing Bewinner Communications Co Ltd's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

Industry: Telecom Services
Average net assets among peers: $667,029,410
Average return on equity (ROE) among peers: 2.77%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Beijing Bewinner Communications Co Ltd (002148)	CN¥1.24 Billion	34.41%	0.10x	$472.59 Million
Net263 Ltd (002467)	$223.08 Million	4.02%	0.27x	$889.57 Million
Runjian Communication Co Ltd Class A (002929)	$590.23 Million	24.59%	1.03x	$2.14 Billion
Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025)	$18.66 Million	53.43%	0.82x	$362.58 Million
Dingli Communications Corp Ltd (300050)	$1.01 Billion	-137.71%	0.56x	$477.57 Million
Fuchun Technology Co Ltd (300299)	$531.11 Million	14.13%	0.92x	$617.19 Million
Zhong Fu Tong Co Ltd (300560)	$1.11 Billion	6.60%	1.48x	$386.28 Million
Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766)	$1.13 Billion	21.95%	0.08x	$1.11 Billion
NOVA Technology Corporation Limited (300921)	$201.32 Million	35.71%	0.40x	$338.61 Million
Wuxi Online Offline Communication Information Technology Co. Ltd. (300959)	$1.19 Billion	2.22%	0.12x	$725.26 Million

About Beijing Bewinner Communications Co Ltd

SHE:002148 China Telecom Services

Market Cap

$472.59 Million

CN¥3.23 Billion CNY

Market Cap Rank

#12173 Global

#3473 in China

Share Price

CN¥5.78

Change (1 day)

-0.17%

52-Week Range

CN¥5.53 - CN¥9.62

All Time High

CN¥23.91