Beijing BDStar Navigation Co Ltd (002151) - Net Assets
Based on the latest financial reports, Beijing BDStar Navigation Co Ltd (002151) has net assets worth CN¥5.40 Billion CNY (≈ $790.41 Million 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¥6.56 Billion ≈ $960.34 Million USD) and total liabilities (CN¥1.16 Billion ≈ $169.93 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. Check Beijing BDStar Navigation Co Ltd (002151) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.40 Billion |
| % of Total Assets | 82.31% |
| Annual Growth Rate | 30.97% |
| 5-Year Change | 13.12% |
| 10-Year Change | 88.77% |
| Growth Volatility | 68.34 |
Beijing BDStar Navigation Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Beijing BDStar Navigation Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Beijing BDStar Navigation Co Ltd (002151) total assets for the complete picture of this company's asset base.
Annual Net Assets for Beijing BDStar Navigation Co Ltd (2004–2024)
The table below shows the annual net assets of Beijing BDStar Navigation Co Ltd from 2004 to 2024. For live valuation and market cap data, see Beijing BDStar Navigation Co Ltd (002151) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.26 Billion ≈ $768.99 Million |
-6.36% |
| 2023-12-31 | CN¥5.61 Billion ≈ $821.22 Million |
+16.58% |
| 2022-12-31 | CN¥4.81 Billion ≈ $704.42 Million |
+2.86% |
| 2021-12-31 | CN¥4.68 Billion ≈ $684.86 Million |
+0.74% |
| 2020-12-31 | CN¥4.65 Billion ≈ $679.81 Million |
+29.18% |
| 2019-12-31 | CN¥3.60 Billion ≈ $526.26 Million |
-15.39% |
| 2018-12-31 | CN¥4.25 Billion ≈ $622.01 Million |
-7.54% |
| 2017-12-31 | CN¥4.60 Billion ≈ $672.71 Million |
+2.54% |
| 2016-12-31 | CN¥4.48 Billion ≈ $656.04 Million |
+61.04% |
| 2015-12-31 | CN¥2.78 Billion ≈ $407.37 Million |
+108.59% |
| 2014-12-31 | CN¥1.33 Billion ≈ $195.29 Million |
+57.14% |
| 2013-12-31 | CN¥849.33 Million ≈ $124.28 Million |
+6.11% |
| 2012-12-31 | CN¥800.42 Million ≈ $117.13 Million |
+5.59% |
| 2011-12-31 | CN¥758.03 Million ≈ $110.92 Million |
+10.16% |
| 2010-12-31 | CN¥688.09 Million ≈ $100.69 Million |
+104.62% |
| 2009-12-31 | CN¥336.27 Million ≈ $49.21 Million |
+17.50% |
| 2008-12-31 | CN¥286.19 Million ≈ $41.88 Million |
+12.77% |
| 2007-12-31 | CN¥253.79 Million ≈ $37.14 Million |
+296.35% |
| 2006-12-31 | CN¥64.03 Million ≈ $9.37 Million |
+59.64% |
| 2005-12-31 | CN¥40.11 Million ≈ $5.87 Million |
+68.37% |
| 2004-12-31 | CN¥23.82 Million ≈ $3.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing BDStar Navigation 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 decreased by 1616.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥542.96 Million | 10.64% |
| Other Components | CN¥4.73 Billion | 92.77% |
| Total Equity | CN¥5.10 Billion | 100.00% |
Beijing BDStar Navigation Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing BDStar Navigation Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KB Home
NYSE:KBH
|
$3.25 Billion |
|
Beijing GeoEnviron Engineering
SHG:603588
|
$3.25 Billion |
|
Fattal 1998 Holdings Ltd
TA:FTAL
|
$3.25 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
$3.25 Billion |
|
Enerjisa Enerji AS
IS:ENJSA
|
$3.25 Billion |
|
Legend Biotech Corp
NASDAQ:LEGN
|
$3.25 Billion |
|
Global Health Limited
NSE:MEDANTA
|
$3.25 Billion |
|
Navan, Inc. Class A Common Stock
NASDAQ:NAVN
|
$3.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing BDStar Navigation Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,564,729,761 to 5,104,006,521, a change of -460,723,240 (-8.3%).
- Net loss of 349,741,338 reduced equity.
- Dividend payments of 82,248,854 reduced retained earnings.
- Share repurchases of 14,283,010 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-349.74 Million | -6.85% |
| Dividends Paid | CN¥82.25 Million | -1.61% |
| Share Repurchases | CN¥14.28 Million | -0.28% |
| Other Changes | CN¥-14.45 Million | -0.28% |
| Total Change | CN¥- | -8.28% |
Book Value vs Market Value Analysis
This analysis compares Beijing BDStar Navigation 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: 4.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 93.45x to 4.31x 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¥0.44 | CN¥40.90 | x |
| 2005-12-31 | CN¥0.72 | CN¥40.90 | x |
| 2006-12-31 | CN¥0.29 | CN¥40.90 | x |
| 2007-12-31 | CN¥1.04 | CN¥40.90 | x |
| 2008-12-31 | CN¥0.96 | CN¥40.90 | x |
| 2009-12-31 | CN¥1.08 | CN¥40.90 | x |
| 2010-12-31 | CN¥2.14 | CN¥40.90 | x |
| 2011-12-31 | CN¥1.95 | CN¥40.90 | x |
| 2012-12-31 | CN¥2.02 | CN¥40.90 | x |
| 2013-12-31 | CN¥2.62 | CN¥40.90 | x |
| 2014-12-31 | CN¥3.32 | CN¥40.90 | x |
| 2015-12-31 | CN¥6.78 | CN¥40.90 | x |
| 2016-12-31 | CN¥9.17 | CN¥40.90 | x |
| 2017-12-31 | CN¥8.27 | CN¥40.90 | x |
| 2018-12-31 | CN¥7.94 | CN¥40.90 | x |
| 2019-12-31 | CN¥6.51 | CN¥40.90 | x |
| 2020-12-31 | CN¥8.33 | CN¥40.90 | x |
| 2021-12-31 | CN¥7.87 | CN¥40.90 | x |
| 2022-12-31 | CN¥8.36 | CN¥40.90 | x |
| 2023-12-31 | CN¥10.70 | CN¥40.90 | x |
| 2024-12-31 | CN¥9.49 | CN¥40.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing BDStar Navigation 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): -6.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.34%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.21x
- Recent ROE (-6.85%) is below the historical average (8.08%), 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 | 22.27% | 12.05% | 0.86x | 2.15x | CN¥2.92 Million |
| 2005 | 39.87% | 18.22% | 1.14x | 1.91x | CN¥11.98 Million |
| 2006 | 37.36% | 23.56% | 0.86x | 1.85x | CN¥17.52 Million |
| 2007 | 14.82% | 25.01% | 0.47x | 1.26x | CN¥12.23 Million |
| 2008 | 16.02% | 20.03% | 0.62x | 1.28x | CN¥17.23 Million |
| 2009 | 15.89% | 17.30% | 0.61x | 1.50x | CN¥18.91 Million |
| 2010 | 6.46% | 12.53% | 0.36x | 1.44x | CN¥-22.61 Million |
| 2011 | 5.95% | 7.87% | 0.39x | 1.94x | CN¥-26.02 Million |
| 2012 | 6.85% | 8.10% | 0.40x | 2.14x | CN¥-21.24 Million |
| 2013 | 6.10% | 5.55% | 0.46x | 2.39x | CN¥-27.63 Million |
| 2014 | 2.61% | 3.22% | 0.50x | 1.61x | CN¥-86.84 Million |
| 2015 | 1.92% | 4.58% | 0.29x | 1.43x | CN¥-213.70 Million |
| 2016 | 1.20% | 3.20% | 0.29x | 1.31x | CN¥-379.21 Million |
| 2017 | 2.42% | 4.76% | 0.33x | 1.54x | CN¥-328.95 Million |
| 2018 | 2.64% | 3.50% | 0.47x | 1.62x | CN¥-296.74 Million |
| 2019 | -20.11% | -21.80% | 0.49x | 1.90x | CN¥-975.11 Million |
| 2020 | 3.47% | 4.04% | 0.51x | 1.68x | CN¥-276.35 Million |
| 2021 | 4.57% | 5.26% | 0.54x | 1.62x | CN¥-240.51 Million |
| 2022 | 3.35% | 3.81% | 0.50x | 1.75x | CN¥-288.31 Million |
| 2023 | 2.90% | 3.95% | 0.63x | 1.17x | CN¥-395.29 Million |
| 2024 | -6.85% | -23.34% | 0.24x | 1.21x | CN¥-860.14 Million |
Industry Comparison
This section compares Beijing BDStar Navigation Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $885,161,606
- Average return on equity (ROE) among peers: 5.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing BDStar Navigation Co Ltd (002151) | CN¥5.40 Billion | 22.27% | 0.21x | $3.25 Billion |
| Oriental Times Media Corp (002175) | $75.19 Million | 20.40% | 0.95x | $513.79 Million |
| Changchun UP Optotech Co Ltd (002338) | $840.05 Million | 5.20% | 0.18x | $2.14 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $200.70 Million | 25.18% | 0.59x | $1.22 Billion |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $285.64 Million | 28.39% | 0.38x | $1.01 Billion |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $351.64 Million | 18.36% | 1.54x | $2.54 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $4.35 Billion | 22.99% | 0.47x | $9.27 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $148.43 Million | 21.43% | 0.59x | $809.74 Million |
| Beijing SDL Technology Co Ltd (002658) | $1.07 Billion | 9.35% | 0.09x | $791.70 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $644.19 Million | -104.04% | 1.14x | $592.94 Million |
About Beijing BDStar Navigation Co Ltd
Beijing BDStar Navigation Co., Ltd. provides chips and data services, navigation products, and ceramic components worldwide. It offers GNSS chips, including precision chips, modules, and boards; GNSS system-on-chip (SoC) chips, GNSS modules, and analog chips; GNSS data services comprising high-precision data, A-GNSS service, and high-precision positioning engine services. The company also provide… Read more