BOE Tech Group (200725) - Net Assets
Based on the latest financial reports, BOE Tech Group (200725) has net assets worth HK$210.47 Billion HKD (≈ $26.87 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$437.71 Billion ≈ $55.87 Billion USD) and total liabilities (HK$227.24 Billion ≈ $29.01 Billion 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 BOE Tech Group (200725) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | HK$210.47 Billion |
| % of Total Assets | 48.08% |
| Annual Growth Rate | 22.11% |
| 5-Year Change | -4.56% |
| 10-Year Change | 125.48% |
| Growth Volatility | 45.82 |
BOE Tech Group - Net Assets Trend (1994–2025)
This chart illustrates how BOE Tech Group's net assets have evolved over time, based on quarterly financial data. Also explore BOE Tech Group balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for BOE Tech Group (1994–2025)
The table below shows the annual net assets of BOE Tech Group from 1994 to 2025. For live valuation and market cap data, see BOE Tech Group market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | HK$207.48 Billion ≈ $26.49 Billion |
+1.43% |
| 2024-12-31 | HK$204.55 Billion ≈ $26.11 Billion |
+3.41% |
| 2023-12-31 | HK$197.80 Billion ≈ $25.25 Billion |
-2.10% |
| 2022-12-31 | HK$202.05 Billion ≈ $25.79 Billion |
-7.05% |
| 2021-12-31 | HK$217.38 Billion ≈ $27.75 Billion |
+25.36% |
| 2020-12-31 | HK$173.40 Billion ≈ $22.13 Billion |
+22.93% |
| 2019-12-31 | HK$141.06 Billion ≈ $18.01 Billion |
+17.20% |
| 2018-12-31 | HK$120.36 Billion ≈ $15.36 Billion |
+15.41% |
| 2017-12-31 | HK$104.28 Billion ≈ $13.31 Billion |
+13.33% |
| 2016-12-31 | HK$92.02 Billion ≈ $11.75 Billion |
+17.44% |
| 2015-12-31 | HK$78.35 Billion ≈ $10.00 Billion |
+1.81% |
| 2014-12-31 | HK$76.96 Billion ≈ $9.82 Billion |
+101.71% |
| 2013-12-31 | HK$38.15 Billion ≈ $4.87 Billion |
+8.19% |
| 2012-12-31 | HK$35.26 Billion ≈ $4.50 Billion |
+0.63% |
| 2011-12-31 | HK$35.05 Billion ≈ $4.47 Billion |
+2.29% |
| 2010-12-31 | HK$34.26 Billion ≈ $4.37 Billion |
+56.18% |
| 2009-12-31 | HK$21.94 Billion ≈ $2.80 Billion |
+226.49% |
| 2008-12-31 | HK$6.72 Billion ≈ $857.68 Million |
+21.69% |
| 2007-12-31 | HK$5.52 Billion ≈ $704.82 Million |
+28.48% |
| 2006-12-31 | HK$4.30 Billion ≈ $548.59 Million |
+18.99% |
| 2005-12-31 | HK$3.61 Billion ≈ $461.02 Million |
-34.11% |
| 2004-12-31 | HK$5.48 Billion ≈ $699.70 Million |
+77.03% |
| 2003-12-31 | HK$3.10 Billion ≈ $395.23 Million |
+17.24% |
| 2002-12-31 | HK$2.64 Billion ≈ $337.12 Million |
+13.06% |
| 2001-12-31 | HK$2.34 Billion ≈ $298.17 Million |
+0.79% |
| 2000-12-31 | HK$2.32 Billion ≈ $295.82 Million |
+84.77% |
| 1999-12-31 | HK$1.25 Billion ≈ $160.10 Million |
+14.80% |
| 1998-12-31 | HK$1.09 Billion ≈ $139.45 Million |
+14.03% |
| 1997-12-31 | HK$958.01 Million ≈ $122.29 Million |
+66.62% |
| 1996-12-31 | HK$574.95 Million ≈ $73.39 Million |
+23.21% |
| 1995-12-31 | HK$466.65 Million ≈ $59.57 Million |
+10.03% |
| 1994-12-31 | HK$424.12 Million ≈ $54.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to BOE Tech Group'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 35394.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | HK$43.23 Billion | 32.14% |
| Other Components | HK$91.25 Billion | 67.86% |
| Total Equity | HK$134.48 Billion | 100.00% |
BOE Tech Group Competitors by Market Cap
The table below lists competitors of BOE Tech Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Steel Union Co Ltd
TW:6581
|
$375.10 Million |
|
IndoStar Capital Finance Limited
NSE:INDOSTAR
|
$375.13 Million |
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
$375.15 Million |
|
Meteoric Resources NL
F:RNF
|
$375.40 Million |
|
Cedar Development Co Ltd
SHE:002485
|
$374.94 Million |
|
Grupo Rotoplas SAB de CV
MX:AGUA
|
$374.85 Million |
|
Ashoka Buildcon Limited
NSE:ASHOKA
|
$374.75 Million |
|
General Accident PLC
LSE:GACA
|
$374.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BOE Tech Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 132,937,555,000 to 134,478,628,806, a change of 1,541,073,806 (1.2%).
- Net income of 5,856,966,754 contributed positively to equity growth.
- Dividend payments of 5,911,538,172 reduced retained earnings.
- Other comprehensive income decreased equity by 2,949,433,000.
- Other factors increased equity by 4,545,078,224.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$5.86 Billion | +4.36% |
| Dividends Paid | HK$5.91 Billion | -4.4% |
| Other Comprehensive Income | HK$-2.95 Billion | -2.19% |
| Other Changes | HK$4.55 Billion | +3.38% |
| Total Change | HK$- | 1.16% |
Book Value vs Market Value Analysis
This analysis compares BOE Tech Group'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: 1.18x
- 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 35.71x to 1.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | HK$0.12 | HK$4.24 | x |
| 1995-12-31 | HK$0.13 | HK$4.24 | x |
| 1996-12-31 | HK$0.16 | HK$4.24 | x |
| 1997-12-31 | HK$0.27 | HK$4.24 | x |
| 1998-12-31 | HK$0.29 | HK$4.24 | x |
| 1999-12-31 | HK$0.31 | HK$4.24 | x |
| 2000-12-31 | HK$0.61 | HK$4.24 | x |
| 2001-12-31 | HK$0.60 | HK$4.24 | x |
| 2002-12-31 | HK$0.63 | HK$4.24 | x |
| 2003-12-31 | HK$0.74 | HK$4.24 | x |
| 2004-12-31 | HK$1.43 | HK$4.24 | x |
| 2005-12-31 | HK$0.98 | HK$4.24 | x |
| 2006-12-31 | HK$1.25 | HK$4.24 | x |
| 2007-12-31 | HK$1.32 | HK$4.24 | x |
| 2008-12-31 | HK$1.65 | HK$4.24 | x |
| 2009-12-31 | HK$3.02 | HK$4.24 | x |
| 2010-12-31 | HK$2.52 | HK$4.24 | x |
| 2011-12-31 | HK$1.87 | HK$4.24 | x |
| 2012-12-31 | HK$1.91 | HK$4.24 | x |
| 2013-12-31 | HK$2.09 | HK$4.24 | x |
| 2014-12-31 | HK$2.58 | HK$4.24 | x |
| 2015-12-31 | HK$2.18 | HK$4.24 | x |
| 2016-12-31 | HK$2.24 | HK$4.24 | x |
| 2017-12-31 | HK$2.43 | HK$4.24 | x |
| 2018-12-31 | HK$2.47 | HK$4.24 | x |
| 2019-12-31 | HK$2.73 | HK$4.24 | x |
| 2020-12-31 | HK$2.98 | HK$4.24 | x |
| 2021-12-31 | HK$4.01 | HK$4.24 | x |
| 2022-12-31 | HK$3.63 | HK$4.24 | x |
| 2023-12-31 | HK$3.46 | HK$4.24 | x |
| 2024-12-31 | HK$3.54 | HK$4.24 | x |
| 2025-12-31 | HK$3.59 | HK$4.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BOE Tech Group 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): 4.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.86%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 3.24x
- Recent ROE (4.36%) is above the historical average (2.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 23.97% | 72.94% | 0.19x | 1.71x | HK$57.29 Million |
| 1995 | 22.74% | 55.44% | 0.23x | 1.81x | HK$57.10 Million |
| 1996 | 19.48% | 56.28% | 0.20x | 1.70x | HK$52.37 Million |
| 1997 | 13.31% | 45.06% | 0.19x | 1.54x | HK$30.86 Million |
| 1998 | 6.12% | 25.57% | 0.14x | 1.73x | HK$-38.46 Million |
| 1999 | 6.99% | 10.04% | 0.33x | 2.12x | HK$-32.15 Million |
| 2000 | 5.27% | 4.85% | 0.57x | 1.92x | HK$-99.25 Million |
| 2001 | 2.89% | 2.24% | 0.67x | 1.94x | HK$-148.10 Million |
| 2002 | 3.79% | 1.73% | 0.71x | 3.11x | HK$-135.50 Million |
| 2003 | 15.68% | 3.61% | 0.93x | 4.68x | HK$146.10 Million |
| 2004 | 4.16% | 1.66% | 0.69x | 3.62x | HK$-289.63 Million |
| 2005 | -46.99% | -11.79% | 0.64x | 6.19x | HK$-1.92 Billion |
| 2006 | -48.63% | -19.61% | 0.54x | 4.58x | HK$-2.08 Billion |
| 2007 | 15.12% | 6.19% | 0.83x | 2.93x | HK$233.89 Million |
| 2008 | -13.60% | -9.69% | 0.60x | 2.35x | HK$-1.40 Billion |
| 2009 | 0.28% | 0.79% | 0.20x | 1.70x | HK$-1.75 Billion |
| 2010 | -8.03% | -24.97% | 0.15x | 2.17x | HK$-4.50 Billion |
| 2011 | 2.19% | 4.40% | 0.19x | 2.69x | HK$-2.00 Billion |
| 2012 | 1.00% | 1.00% | 0.38x | 2.59x | HK$-2.33 Billion |
| 2013 | 8.33% | 6.97% | 0.36x | 3.28x | HK$-471.82 Million |
| 2014 | 3.36% | 6.96% | 0.27x | 1.79x | HK$-5.05 Billion |
| 2015 | 2.11% | 3.37% | 0.32x | 1.97x | HK$-6.11 Billion |
| 2016 | 2.39% | 2.73% | 0.34x | 2.61x | HK$-5.99 Billion |
| 2017 | 8.92% | 8.07% | 0.37x | 3.02x | HK$-913.30 Million |
| 2018 | 4.00% | 3.54% | 0.32x | 3.54x | HK$-5.15 Billion |
| 2019 | 2.02% | 1.65% | 0.34x | 3.58x | HK$-7.59 Billion |
| 2020 | 4.88% | 3.71% | 0.32x | 4.11x | HK$-5.29 Billion |
| 2021 | 18.14% | 11.75% | 0.49x | 3.15x | HK$11.65 Billion |
| 2022 | 5.54% | 4.23% | 0.42x | 3.09x | HK$-6.07 Billion |
| 2023 | 1.97% | 1.46% | 0.42x | 3.24x | HK$-10.40 Billion |
| 2024 | 4.00% | 2.68% | 0.46x | 3.23x | HK$-7.97 Billion |
| 2025 | 4.36% | 2.86% | 0.47x | 3.24x | HK$-7.59 Billion |
Industry Comparison
This section compares BOE Tech Group's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $24,240,987,559
- Average return on equity (ROE) among peers: -100.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BOE Tech Group (200725) | HK$210.47 Billion | 23.97% | 1.08x | $375.03 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $320.67 Million | 0.30% | 0.96x | $350.20 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $217.50 Million | 13.85% | 1.05x | $1.54 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $176.32 Million | -1092.55% | 2.98x | $456.65 Million |
| CPT Technology Group Co Ltd (000536) | $197.27 Million | 0.10% | 2.02x | $1.77 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $5.53 Billion | 18.40% | 0.27x | $6.37 Billion |
| Xiamen Xindeco Ltd (000701) | $1.01 Billion | 5.66% | 2.33x | $583.46 Million |
| BOE Technology Group Co Ltd (000725) | $217.38 Billion | 11.94% | 1.07x | $27.45 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $7.44 Billion | 20.05% | 0.50x | $3.99 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $7.81 Billion | 3.52% | 0.44x | $2.13 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $2.33 Billion | 10.00% | 0.39x | $4.98 Billion |
About BOE Tech Group
BOE Technology Group Company Limited operates display, Internet of Things (IoT) innovation, sensor, and MLED, smart medicine engineering, and other business in Mainland China and internationally. The Display Business segment designs and manufactures display devices, including TFT-LCD, AMOLED, micro displays, and other intelligent interface devices. Its IoT Innovation Business segment designs inte… Read more