Beijing Venustech Inc

SHE:002439 China Software - Infrastructure
Market Cap
$2.34 Billion
CN¥17.17 Billion CNY
Market Cap Rank
#6390 Global
#968 in China
Share Price
CN¥14.17
Change (1 day)
-2.61%
52-Week Range
CN¥13.60 - CN¥18.83
All Time High
CN¥46.00
About

Venustech Group Inc. provides network security products, trusted security management platforms, and specialized security services and solutions worldwide. It provides Venusense Traffic Anomaly Detection and Mitigation System, an anti-DDOS security defense system; NGFW; unified threat management products; web application firewall; application delivery controller products; unified security manageme… Read more

Beijing Venustech Inc (002439) - Net Assets

Latest net assets as of September 2025: CN¥11.20 Billion CNY

Based on the latest financial reports, Beijing Venustech Inc (002439) has net assets worth CN¥11.20 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥13.16 Billion) and total liabilities (CN¥1.96 Billion). 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 CN¥11.20 Billion
% of Total Assets 85.11%
Annual Growth Rate 29.08%
5-Year Change 90.52%
10-Year Change 535.09%
Growth Volatility 45.89

Beijing Venustech Inc - Net Assets Trend (2007–2024)

This chart illustrates how Beijing Venustech Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Beijing Venustech Inc (2007–2024)

The table below shows the annual net assets of Beijing Venustech Inc from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥11.43 Billion -4.84%
2023-12-31 CN¥12.01 Billion +62.07%
2022-12-31 CN¥7.41 Billion +9.98%
2021-12-31 CN¥6.74 Billion +12.32%
2020-12-31 CN¥6.00 Billion +37.34%
2019-12-31 CN¥4.37 Billion +20.54%
2018-12-31 CN¥3.62 Billion +14.06%
2017-12-31 CN¥3.18 Billion +40.61%
2016-12-31 CN¥2.26 Billion +25.56%
2015-12-31 CN¥1.80 Billion +11.36%
2014-12-31 CN¥1.62 Billion +21.16%
2013-12-31 CN¥1.33 Billion +8.65%
2012-12-31 CN¥1.23 Billion +17.95%
2011-12-31 CN¥1.04 Billion +4.64%
2010-12-31 CN¥994.71 Million +195.25%
2009-12-31 CN¥336.91 Million +19.33%
2008-12-31 CN¥282.34 Million +89.60%
2007-12-31 CN¥148.91 Million --

Equity Component Analysis

This analysis shows how different components contribute to Beijing Venustech Inc'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 4294.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.51 Billion 39.48%
Common Stock CN¥1.22 Billion 10.67%
Other Comprehensive Income CN¥129.22 Million 1.13%
Other Components CN¥5.56 Billion 48.71%
Total Equity CN¥11.42 Billion 100.00%

Beijing Venustech Inc Competitors by Market Cap

The table below lists competitors of Beijing Venustech Inc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Beijing Venustech Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 11,995,594,570 to 11,415,664,733, a change of -579,929,837 (-4.8%).
  • Net loss of 226,298,930 reduced equity.
  • Dividend payments of 328,959,731 reduced retained earnings.
  • Share repurchases of 101,400,028 reduced equity.
  • Other comprehensive income decreased equity by 26,062,641.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-226.30 Million -1.98%
Dividends Paid CN¥328.96 Million -2.88%
Share Repurchases CN¥101.40 Million -0.89%
Other Comprehensive Income CN¥-26.06 Million -0.23%
Other Changes CN¥102.79 Million +0.9%
Total Change CN¥- -4.83%

Book Value vs Market Value Analysis

This analysis compares Beijing Venustech Inc'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: 1.48x
  • 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 43.07x to 1.48x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥0.33 CN¥14.17 x
2008-12-31 CN¥0.54 CN¥14.17 x
2009-12-31 CN¥0.57 CN¥14.17 x
2010-12-31 CN¥1.45 CN¥14.17 x
2011-12-31 CN¥1.32 CN¥14.17 x
2012-12-31 CN¥1.54 CN¥14.17 x
2013-12-31 CN¥1.63 CN¥14.17 x
2014-12-31 CN¥1.84 CN¥14.17 x
2015-12-31 CN¥2.01 CN¥14.17 x
2016-12-31 CN¥2.60 CN¥14.17 x
2017-12-31 CN¥3.54 CN¥14.17 x
2018-12-31 CN¥3.98 CN¥14.17 x
2019-12-31 CN¥4.89 CN¥14.17 x
2020-12-31 CN¥6.48 CN¥14.17 x
2021-12-31 CN¥7.18 CN¥14.17 x
2022-12-31 CN¥7.92 CN¥14.17 x
2023-12-31 CN¥12.79 CN¥14.17 x
2024-12-31 CN¥9.58 CN¥14.17 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Venustech Inc 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): -1.98%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.83%
  • • Asset Turnover: 0.24x
  • • Equity Multiplier: 1.21x
  • Recent ROE (-1.98%) is below the historical average (11.56%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 26.22% 16.83% 0.56x 2.80x CN¥24.15 Million
2008 16.75% 17.67% 0.52x 1.82x CN¥19.07 Million
2009 15.43% 17.67% 0.54x 1.61x CN¥18.25 Million
2010 6.04% 16.34% 0.31x 1.19x CN¥-39.27 Million
2011 5.87% 14.31% 0.34x 1.19x CN¥-42.98 Million
2012 6.00% 10.12% 0.46x 1.29x CN¥-49.12 Million
2013 9.18% 12.91% 0.52x 1.37x CN¥-10.98 Million
2014 11.39% 14.25% 0.50x 1.61x CN¥20.82 Million
2015 14.43% 15.91% 0.54x 1.67x CN¥74.97 Million
2016 11.91% 13.76% 0.59x 1.46x CN¥42.62 Million
2017 14.41% 19.83% 0.53x 1.36x CN¥138.38 Million
2018 15.85% 22.56% 0.51x 1.36x CN¥209.89 Million
2019 15.77% 22.28% 0.45x 1.58x CN¥251.95 Million
2020 13.44% 22.05% 0.44x 1.40x CN¥205.63 Million
2021 12.82% 19.64% 0.49x 1.33x CN¥189.37 Million
2022 8.47% 14.11% 0.44x 1.35x CN¥-113.03 Million
2023 6.18% 16.44% 0.30x 1.24x CN¥-458.42 Million
2024 -1.98% -6.83% 0.24x 1.21x CN¥-1.37 Billion

Industry Comparison

This section compares Beijing Venustech Inc's net assets metrics with peer companies in the Software - Infrastructure industry.

Industry Context

  • Industry: Software - Infrastructure
  • Average net assets among peers: $1,619,058,076
  • Average return on equity (ROE) among peers: -58.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Beijing Venustech Inc (002439) CN¥11.20 Billion 26.22% 0.17x $1.27 Billion
Eastcompeace Technology Co Ltd (002017) $418.66 Million 5.29% 0.42x $898.39 Million
Wiscom System Co Ltd (002090) $135.58 Million 19.66% 1.16x $607.71 Million
Topsec Technologies Group Inc (002212) $1.70 Billion 5.53% 0.32x $1.09 Billion
Focus Technology Co Ltd (002315) $120.67 Million 53.17% 0.63x $904.68 Million
Maxvision Technology Corp (002990) $199.04 Million 23.56% 1.02x $346.02 Million
Wangsu Science Tech (300017) $7.97 Billion 10.42% 0.29x $4.01 Billion
Shenzhen Tianyuan Dic Info Tech (300047) $3.45 Billion 3.82% 0.75x $921.82 Million
Shenzhen InfoGem Technologies Co Ltd (300085) $515.71 Million 3.50% 0.02x $2.45 Billion
TIZA Information Industry Corporation Inc (300209) $56.50 Million -649.13% 13.39x $1.01 Billion