Beijing Telesound Electronics Co Ltd
Beijing Telesound Electronics Co., Ltd. provides security solutions in China. The company offers smart security products comprising X-ray security inspection, security gate, goods detector, goods identification, security inspection information, supervision system, and centralized system related equipment. It also offers monitoring alarm products, such as alarm controller, event recorder, circuit … Read more
Beijing Telesound Electronics Co Ltd (003004) - Net Assets
Latest net assets as of September 2025: CN¥612.89 Million CNY
Based on the latest financial reports, Beijing Telesound Electronics Co Ltd (003004) has net assets worth CN¥612.89 Million 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¥1.27 Billion) and total liabilities (CN¥654.92 Million). 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¥612.89 Million |
| % of Total Assets | 48.34% |
| Annual Growth Rate | 23.01% |
| 5-Year Change | 2.76% |
| 10-Year Change | 652.32% |
| Growth Volatility | 44.98 |
Beijing Telesound Electronics Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Beijing Telesound Electronics Co Ltd'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 Telesound Electronics Co Ltd (2014–2024)
The table below shows the annual net assets of Beijing Telesound Electronics Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥731.94 Million | -9.87% |
| 2023-12-31 | CN¥812.12 Million | +10.99% |
| 2022-12-31 | CN¥731.69 Million | +2.95% |
| 2021-12-31 | CN¥710.73 Million | -0.22% |
| 2020-12-31 | CN¥712.29 Million | +150.76% |
| 2019-12-31 | CN¥284.05 Million | +24.75% |
| 2018-12-31 | CN¥227.69 Million | +32.45% |
| 2017-12-31 | CN¥171.90 Million | +61.67% |
| 2016-12-31 | CN¥106.33 Million | +9.29% |
| 2015-12-31 | CN¥97.29 Million | +5.44% |
| 2014-12-31 | CN¥92.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Telesound Electronics 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 1152.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥189.40 Million | 25.85% |
| Common Stock | CN¥81.85 Million | 11.17% |
| Other Components | CN¥461.33 Million | 62.97% |
| Total Equity | CN¥732.59 Million | 100.00% |
Beijing Telesound Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Telesound Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Brii Biosciences Limited
PINK:BRIBF
|
$135.65 Million |
|
Dar Global Plc
LSE:DAR
|
$135.68 Million |
|
iOCO Limited
JSE:IOC
|
$135.70 Million |
|
Gix Internet Ltd
TA:ALMO
|
$135.71 Million |
|
908 Devices Inc
NASDAQ:MASS
|
$135.59 Million |
|
BV Financial, Inc. Common Stock
NASDAQ:BVFL
|
$135.51 Million |
|
Zhejiang Meishuo Electric Technology Co. Ltd. A
SHE:301295
|
$135.48 Million |
|
Richardson Electronics Ltd
NASDAQ:RELL
|
$135.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Telesound Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 812,431,197 to 732,590,514, a change of -79,840,683 (-9.8%).
- Net loss of 51,195,661 reduced equity.
- Dividend payments of 18,273,403 reduced retained earnings.
- Share repurchases of 12,598,760 reduced equity.
- Other comprehensive income decreased equity by 40,920,000.
- Other factors increased equity by 43,147,141.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-51.20 Million | -6.99% |
| Dividends Paid | CN¥18.27 Million | -2.49% |
| Share Repurchases | CN¥12.60 Million | -1.72% |
| Other Comprehensive Income | CN¥-40.92 Million | -5.59% |
| Other Changes | CN¥43.15 Million | +5.89% |
| Total Change | CN¥- | -9.83% |
Book Value vs Market Value Analysis
This analysis compares Beijing Telesound Electronics 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: 3.77x
- 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 22.19x to 3.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥1.46 | CN¥32.41 | x |
| 2015-12-31 | CN¥1.57 | CN¥32.41 | x |
| 2016-12-31 | CN¥1.69 | CN¥32.41 | x |
| 2017-12-31 | CN¥2.70 | CN¥32.41 | x |
| 2018-12-31 | CN¥3.57 | CN¥32.41 | x |
| 2019-12-31 | CN¥3.35 | CN¥32.41 | x |
| 2020-12-31 | CN¥8.55 | CN¥32.41 | x |
| 2021-12-31 | CN¥8.69 | CN¥32.41 | x |
| 2022-12-31 | CN¥8.94 | CN¥32.41 | x |
| 2023-12-31 | CN¥10.05 | CN¥32.41 | x |
| 2024-12-31 | CN¥8.59 | CN¥32.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Telesound Electronics 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): -6.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.97%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.64x
- Recent ROE (-6.99%) is below the historical average (16.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 17.11% | 9.87% | 0.86x | 2.02x | CN¥6.35 Million |
| 2015 | 26.17% | 13.49% | 0.96x | 2.02x | CN¥15.51 Million |
| 2016 | 19.57% | 10.56% | 0.78x | 2.37x | CN¥9.95 Million |
| 2017 | 42.24% | 18.58% | 0.94x | 2.41x | CN¥53.37 Million |
| 2018 | 33.02% | 22.84% | 0.80x | 1.80x | CN¥50.56 Million |
| 2019 | 26.77% | 20.11% | 0.73x | 1.83x | CN¥45.94 Million |
| 2020 | 9.45% | 21.48% | 0.35x | 1.28x | CN¥-3.85 Million |
| 2021 | 5.63% | 12.98% | 0.35x | 1.22x | CN¥-31.07 Million |
| 2022 | 4.99% | 11.51% | 0.35x | 1.24x | CN¥-36.67 Million |
| 2023 | 3.09% | 8.96% | 0.24x | 1.44x | CN¥-56.18 Million |
| 2024 | -6.99% | -16.97% | 0.25x | 1.64x | CN¥-124.45 Million |
Industry Comparison
This section compares Beijing Telesound Electronics Co Ltd's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $2,000,232,857
- Average return on equity (ROE) among peers: 10.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Telesound Electronics Co Ltd (003004) | CN¥612.89 Million | 17.11% | 1.07x | $135.61 Million |
| Zhejiang Dahua Technology Co Ltd (002236) | $8.43 Billion | 21.66% | 0.82x | $3.97 Billion |
| Shenzhen Infinova Ltd (002528) | $3.67 Billion | 3.78% | 0.49x | $240.84 Million |
| Shenzhen TVT Digital Technology Co Ltd (002835) | $1.19 Billion | 16.91% | 0.26x | $194.68 Million |
| Jade Bird Fire Alarm (002960) | $312.42 Million | 39.55% | 0.76x | $669.57 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.33 Billion | -2.95% | 0.14x | $178.64 Million |
| Xiamen Meiya Pico Information (300188) | $850.91 Million | 6.61% | 0.23x | $820.69 Million |
| Joyware Electronics Co Ltd (300270) | $526.66 Million | 7.96% | 0.26x | $365.57 Million |
| Chongqing Mas Sci&Tech (300275) | $894.00 Million | 6.22% | 0.51x | $378.98 Million |
| Sinosun Tech (300333) | $807.95 Million | -2.48% | 0.08x | $392.33 Million |