Beijing Shengtong Printing Co Ltd (002599) - Net Assets
Based on the latest financial reports, Beijing Shengtong Printing Co Ltd (002599) has net assets worth CN¥1.24 Billion CNY (≈ $181.55 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¥2.14 Billion ≈ $312.92 Million USD) and total liabilities (CN¥897.77 Million ≈ $131.37 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 Shengtong Printing Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.24 Billion |
| % of Total Assets | 58.02% |
| Annual Growth Rate | 25.48% |
| 5-Year Change | -10.54% |
| 10-Year Change | 91.3% |
| Growth Volatility | 66.74 |
Beijing Shengtong Printing Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Beijing Shengtong Printing Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002599 asset base for the complete picture of this company's asset base.
Annual Net Assets for Beijing Shengtong Printing Co Ltd (2005–2024)
The table below shows the annual net assets of Beijing Shengtong Printing Co Ltd from 2005 to 2024. For live valuation and market cap data, see how much is Beijing Shengtong Printing Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.24 Billion ≈ $181.78 Million |
-14.64% |
| 2023-12-31 | CN¥1.46 Billion ≈ $212.95 Million |
+0.17% |
| 2022-12-31 | CN¥1.45 Billion ≈ $212.59 Million |
+3.64% |
| 2021-12-31 | CN¥1.40 Billion ≈ $205.13 Million |
+0.95% |
| 2020-12-31 | CN¥1.39 Billion ≈ $203.21 Million |
-21.51% |
| 2019-12-31 | CN¥1.77 Billion ≈ $258.88 Million |
+12.44% |
| 2018-12-31 | CN¥1.57 Billion ≈ $230.25 Million |
+2.26% |
| 2017-12-31 | CN¥1.54 Billion ≈ $225.16 Million |
+123.79% |
| 2016-12-31 | CN¥687.54 Million ≈ $100.61 Million |
+5.88% |
| 2015-12-31 | CN¥649.38 Million ≈ $95.02 Million |
+10.02% |
| 2014-12-31 | CN¥590.26 Million ≈ $86.37 Million |
+1.28% |
| 2013-12-31 | CN¥582.82 Million ≈ $85.28 Million |
+2.67% |
| 2012-12-31 | CN¥567.67 Million ≈ $83.07 Million |
+1.80% |
| 2011-12-31 | CN¥557.62 Million ≈ $81.60 Million |
+154.32% |
| 2010-12-31 | CN¥219.26 Million ≈ $32.08 Million |
+22.80% |
| 2009-12-31 | CN¥178.55 Million ≈ $26.13 Million |
+20.87% |
| 2008-12-31 | CN¥147.72 Million ≈ $21.62 Million |
+19.99% |
| 2007-12-31 | CN¥123.11 Million ≈ $18.01 Million |
+232.47% |
| 2006-12-31 | CN¥37.03 Million ≈ $5.42 Million |
+122.46% |
| 2005-12-31 | CN¥16.64 Million ≈ $2.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Shengtong Printing 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 436.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥66.27 Million | 5.34% |
| Common Stock | CN¥537.59 Million | 43.34% |
| Other Comprehensive Income | CN¥58.05 Million | 4.68% |
| Other Components | CN¥578.48 Million | 46.64% |
| Total Equity | CN¥1.24 Billion | 100.00% |
Beijing Shengtong Printing Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Shengtong Printing Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Leadman Biochemistry Co Ltd
SHE:300289
|
$534.16 Million |
|
Ennis Inc
NYSE:EBF
|
$534.19 Million |
|
Ur Energy Inc
NYSE MKT:URG
|
$534.22 Million |
|
Surfilter Network Technology Co Ltd
SHE:300311
|
$534.27 Million |
|
Lanzhou Greatwall Electrical Co Ltd
SHG:600192
|
$533.94 Million |
|
PKU HealthCare Corp Ltd
SHE:000788
|
$533.74 Million |
|
Guangdong TianYiMa Information Industry Co.Ltd.
SHE:301178
|
$533.64 Million |
|
Invesco Municipal Trust
NYSE:VKQ
|
$533.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Shengtong Printing Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,452,986,000 to 1,240,387,000, a change of -212,599,000 (-14.6%).
- Net loss of 192,243,095 reduced equity.
- Dividend payments of 12,378,000 reduced retained earnings.
- Other comprehensive income increased equity by 58,050,317.
- Other factors decreased equity by 66,028,222.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-192.24 Million | -15.5% |
| Dividends Paid | CN¥12.38 Million | -1.0% |
| Other Comprehensive Income | CN¥58.05 Million | +4.68% |
| Other Changes | CN¥-66.03 Million | -5.32% |
| Total Change | CN¥- | -14.63% |
Book Value vs Market Value Analysis
This analysis compares Beijing Shengtong Printing 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: 2.95x
- 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 69.77x to 2.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.10 | CN¥6.85 | x |
| 2006-12-31 | CN¥0.22 | CN¥6.85 | x |
| 2007-12-31 | CN¥0.73 | CN¥6.85 | x |
| 2008-12-31 | CN¥0.44 | CN¥6.85 | x |
| 2009-12-31 | CN¥0.53 | CN¥6.85 | x |
| 2010-12-31 | CN¥0.63 | CN¥6.85 | x |
| 2011-12-31 | CN¥1.44 | CN¥6.85 | x |
| 2012-12-31 | CN¥1.26 | CN¥6.85 | x |
| 2013-12-31 | CN¥1.26 | CN¥6.85 | x |
| 2014-12-31 | CN¥1.37 | CN¥6.85 | x |
| 2015-12-31 | CN¥1.47 | CN¥6.85 | x |
| 2016-12-31 | CN¥1.49 | CN¥6.85 | x |
| 2017-12-31 | CN¥2.83 | CN¥6.85 | x |
| 2018-12-31 | CN¥2.82 | CN¥6.85 | x |
| 2019-12-31 | CN¥3.20 | CN¥6.85 | x |
| 2020-12-31 | CN¥2.52 | CN¥6.85 | x |
| 2021-12-31 | CN¥2.48 | CN¥6.85 | x |
| 2022-12-31 | CN¥2.89 | CN¥6.85 | x |
| 2023-12-31 | CN¥3.53 | CN¥6.85 | x |
| 2024-12-31 | CN¥2.32 | CN¥6.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Shengtong Printing 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): -15.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.40%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.70x
- Recent ROE (-15.50%) is below the historical average (10.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 70.11% | 7.84% | 0.91x | 9.78x | CN¥10.01 Million |
| 2006 | 55.05% | 10.23% | 0.98x | 5.47x | CN¥16.68 Million |
| 2007 | 22.28% | 11.08% | 0.94x | 2.14x | CN¥15.11 Million |
| 2008 | 16.68% | 8.98% | 0.73x | 2.56x | CN¥9.87 Million |
| 2009 | 17.27% | 9.73% | 0.73x | 2.43x | CN¥12.98 Million |
| 2010 | 19.07% | 9.31% | 0.76x | 2.71x | CN¥19.89 Million |
| 2011 | 6.35% | 7.38% | 0.54x | 1.58x | CN¥-20.34 Million |
| 2012 | 5.49% | 6.04% | 0.58x | 1.56x | CN¥-25.60 Million |
| 2013 | 3.28% | 3.58% | 0.54x | 1.70x | CN¥-39.18 Million |
| 2014 | 1.93% | 1.83% | 0.58x | 1.83x | CN¥-47.62 Million |
| 2015 | 3.01% | 2.78% | 0.57x | 1.91x | CN¥-45.40 Million |
| 2016 | 5.31% | 4.33% | 0.61x | 2.03x | CN¥-32.22 Million |
| 2017 | 6.02% | 6.59% | 0.60x | 1.53x | CN¥-61.14 Million |
| 2018 | 7.92% | 6.73% | 0.76x | 1.55x | CN¥-32.66 Million |
| 2019 | 8.12% | 7.24% | 0.73x | 1.53x | CN¥-32.80 Million |
| 2020 | -25.00% | -16.97% | 0.82x | 1.81x | CN¥-484.76 Million |
| 2021 | 4.84% | 2.81% | 0.92x | 1.87x | CN¥-72.07 Million |
| 2022 | 0.35% | 0.22% | 0.82x | 1.87x | CN¥-140.14 Million |
| 2023 | 0.28% | 0.17% | 0.93x | 1.78x | CN¥-141.18 Million |
| 2024 | -15.50% | -9.40% | 0.97x | 1.70x | CN¥-316.28 Million |
Industry Comparison
This section compares Beijing Shengtong Printing Co Ltd's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,961,955,658
- Average return on equity (ROE) among peers: 1.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Shengtong Printing Co Ltd (002599) | CN¥1.24 Billion | 70.11% | 0.72x | $533.94 Million |
| Shaanxi Jinye Science Technology and Education Group Co Ltd (000812) | $1.02 Billion | 7.08% | 0.49x | $461.18 Million |
| Tungkong Inc (002117) | $612.06 Million | 12.09% | 0.62x | $781.70 Million |
| Eternal Asia Supply Chain Management Ltd (002183) | $10.31 Billion | 4.91% | 3.20x | $2.12 Billion |
| Hongbo Co Ltd (002229) | $1.34 Billion | -21.81% | 1.32x | $1.19 Billion |
| Shanghai Nar Industrial Co Ltd (002825) | $621.54 Million | 9.97% | 0.35x | $499.27 Million |
| Xuchang Ketop Testing Research Ins (003008) | $1.00 Billion | 7.40% | 0.05x | $357.63 Million |
| Suzhou Electrical Apparatus Sci (300215) | $260.89 Million | 23.37% | 2.29x | $938.31 Million |
| Trust Alliance Information Development Inc Ltd Shanghai (300469) | $294.38 Million | -21.69% | 2.51x | $2.17 Billion |
| Hunan Huakai Cultural and Creative Co Ltd (300592) | $2.19 Billion | -3.99% | 0.36x | $769.81 Million |
About Beijing Shengtong Printing Co Ltd
Beijing Shengtong Printing Co., Ltd. provides publishing and packaging printing services in China and internationally. It also provides design, binding and typesetting, capacity management, raw material supply chain, and book warehousing and distribution services. In addition, the company offers science education courses, such as programming education, robotics education, scientific experiments, … Read more