Beijing Toread Outdoor Product (300005) - Net Assets

Latest as of June 2026: CN¥2.10 Billion CNY ≈ $307.76 Million USD

Based on the latest financial reports, Beijing Toread Outdoor Product (300005) has net assets worth CN¥2.10 Billion CNY (≈ $307.76 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.35 Billion ≈ $490.67 Million USD) and total liabilities (CN¥1.25 Billion ≈ $182.91 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 300005 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.10 Billion
% of Total Assets	62.72%
Annual Growth Rate	27.11%
5-Year Change	-10.31%
10-Year Change	-32.89%
Growth Volatility	95.85

Beijing Toread Outdoor Product - Net Assets Trend (2006–2025)

This chart illustrates how Beijing Toread Outdoor Product's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Beijing Toread Outdoor Product (300005) market capitalisation.

Annual Net Assets for Beijing Toread Outdoor Product (2006–2025)

The table below shows the annual net assets of Beijing Toread Outdoor Product from 2006 to 2025. Also explore Beijing Toread Outdoor Product equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥1.94 Billion ≈ $284.41 Million	+1.52%
2024-12-31	CN¥1.91 Billion ≈ $280.14 Million	-9.06%
2023-12-31	CN¥2.11 Billion ≈ $308.07 Million	+1.00%
2022-12-31	CN¥2.08 Billion ≈ $305.00 Million	-3.82%
2021-12-31	CN¥2.17 Billion ≈ $317.11 Million	+2.29%
2020-12-31	CN¥2.12 Billion ≈ $310.01 Million	-13.37%
2019-12-31	CN¥2.45 Billion ≈ $357.84 Million	+3.36%
2018-12-31	CN¥2.37 Billion ≈ $346.21 Million	-9.84%
2017-12-31	CN¥2.62 Billion ≈ $384.01 Million	-9.40%
2016-12-31	CN¥2.90 Billion ≈ $423.83 Million	+82.92%
2015-12-31	CN¥1.58 Billion ≈ $231.71 Million	+22.31%
2014-12-31	CN¥1.29 Billion ≈ $189.45 Million	+23.27%
2013-12-31	CN¥1.05 Billion ≈ $153.69 Million	+30.37%
2012-12-31	CN¥805.62 Million ≈ $117.89 Million	+32.94%
2011-12-31	CN¥605.98 Million ≈ $88.67 Million	+21.50%
2010-12-31	CN¥498.73 Million ≈ $72.98 Million	+9.16%
2009-12-31	CN¥456.89 Million ≈ $66.86 Million	+400.67%
2008-12-31	CN¥91.26 Million ≈ $13.35 Million	+191.00%
2007-12-31	CN¥31.36 Million ≈ $4.59 Million	+53.88%
2006-12-31	CN¥20.38 Million ≈ $2.98 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Beijing Toread Outdoor Product'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 5214.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥459.33 Million	22.89%
Other Components	CN¥1.55 Billion	77.11%
Total Equity	CN¥2.01 Billion	100.00%

Beijing Toread Outdoor Product Competitors by Market Cap

The table below lists competitors of Beijing Toread Outdoor Product ranked by their market capitalization.

Company	Market Cap
C&S Paper Co Ltd SHE:002511	$1.31 Billion
Peker Gayrimenkul Yatirim Ortakligi AS IS:PEKGY	$1.31 Billion
LPI Capital Bhd KLSE:8621	$1.31 Billion
Laurentian Bank Of Canada TO:LB	$1.31 Billion
Shenzhen Zhenye Group Co Ltd SHE:000006	$1.31 Billion
China Security & Fire Co Ltd Class A SHG:600654	$1.31 Billion
Bangkok Life Assurance Public Company Limited BK:BLA	$1.31 Billion
Hyprop JSE:HYP	$1.31 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,948,934,626 to 2,006,949,925, a change of 58,015,299 (3.0%).
Net income of 78,987,976 contributed positively to equity growth.
Dividend payments of 15,023,198 reduced retained earnings.
Other comprehensive income decreased equity by 139,347,741.
Other factors increased equity by 133,398,262.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥78.99 Million	+3.94%
Dividends Paid	CN¥15.02 Million	-0.75%
Other Comprehensive Income	CN¥-139.35 Million	-6.94%
Other Changes	CN¥133.40 Million	+6.65%
Total Change	CN¥-	2.98%

Book Value vs Market Value Analysis

This analysis compares Beijing Toread Outdoor Product'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: 4.46x
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 58.40x to 4.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	CN¥0.17	CN¥10.13	x
2007-12-31	CN¥0.27	CN¥10.13	x
2008-12-31	CN¥0.16	CN¥10.13	x
2009-12-31	CN¥0.76	CN¥10.13	x
2010-12-31	CN¥0.66	CN¥10.13	x
2011-12-31	CN¥0.80	CN¥10.13	x
2012-12-31	CN¥1.05	CN¥10.13	x
2013-12-31	CN¥1.35	CN¥10.13	x
2014-12-31	CN¥1.63	CN¥10.13	x
2015-12-31	CN¥1.85	CN¥10.13	x
2016-12-31	CN¥3.29	CN¥10.13	x
2017-12-31	CN¥2.86	CN¥10.13	x
2018-12-31	CN¥2.63	CN¥10.13	x
2019-12-31	CN¥2.75	CN¥10.13	x
2020-12-31	CN¥2.39	CN¥10.13	x
2021-12-31	CN¥2.45	CN¥10.13	x
2022-12-31	CN¥2.35	CN¥10.13	x
2023-12-31	CN¥2.40	CN¥10.13	x
2024-12-31	CN¥2.29	CN¥10.13	x
2025-12-31	CN¥2.27	CN¥10.13	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Toread Outdoor Product 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): 3.94%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.72%
• Asset Turnover: 0.52x
• Equity Multiplier: 1.32x
Recent ROE (3.94%) is below the historical average (10.50%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	15.91%	4.33%	1.17x	3.15x	CN¥1.17 Million
2007	35.65%	9.20%	1.43x	2.72x	CN¥7.89 Million
2008	27.91%	12.01%	1.29x	1.80x	CN¥16.34 Million
2009	9.64%	15.00%	0.55x	1.17x	CN¥-1.65 Million
2010	10.81%	12.42%	0.69x	1.26x	CN¥4.02 Million
2011	17.68%	14.22%	0.89x	1.40x	CN¥46.55 Million
2012	21.06%	15.26%	1.02x	1.36x	CN¥88.60 Million
2013	24.07%	17.21%	0.97x	1.44x	CN¥145.42 Million
2014	23.58%	17.16%	0.97x	1.42x	CN¥169.50 Million
2015	18.55%	6.92%	1.45x	1.85x	CN¥121.44 Million
2016	5.98%	5.75%	0.79x	1.31x	CN¥-111.43 Million
2017	-3.33%	-2.80%	0.92x	1.29x	CN¥-339.81 Million
2018	-7.79%	-9.13%	0.71x	1.20x	CN¥-415.49 Million
2019	4.65%	7.48%	0.52x	1.19x	CN¥-130.21 Million
2020	-13.03%	-30.14%	0.38x	1.14x	CN¥-485.93 Million
2021	2.52%	4.38%	0.49x	1.17x	CN¥-161.78 Million
2022	3.37%	6.14%	0.43x	1.27x	CN¥-137.52 Million
2023	3.41%	5.16%	0.53x	1.25x	CN¥-138.81 Million
2024	5.47%	6.70%	0.61x	1.33x	CN¥-88.27 Million
2025	3.94%	5.72%	0.52x	1.32x	CN¥-121.71 Million

Industry Comparison

This section compares Beijing Toread Outdoor Product's net assets metrics with peer companies in the Leisure industry.

Industry Context

Industry: Leisure
Average net assets among peers: $751,172,673
Average return on equity (ROE) among peers: 8.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Beijing Toread Outdoor Product (300005)	CN¥2.10 Billion	15.91%	0.59x	$1.31 Billion
China Bicycle Co Holdings Ltd (000017)	$-1.68 Billion	0.00%	0.00x	$463.15 Million
HL Corp Shenzhen (002105)	$567.28 Million	4.46%	1.51x	$312.98 Million
Goldlok Toys Holdings Guangdong Co Ltd (002348)	$155.92 Million	19.16%	0.27x	$1.41 Billion
Guangdong Qunxing Toys Joint-Stock Co Ltd (002575)	$907.61 Million	1.41%	0.02x	$451.97 Million
Shanghai Yaoji Playing Card Co Ltd (002605)	$756.78 Million	9.59%	0.17x	$1.00 Billion
Xiamen Comfort Science&Technology Group Co Ltd (002614)	$300.71 Million	31.25%	1.91x	$502.00 Million
Guangzhou Pearl River Piano Group Co Ltd (002678)	$3.43 Billion	5.54%	0.31x	$854.69 Million
Shifeng Cultural Development Co Ltd (002862)	$569.63 Million	1.45%	0.14x	$363.59 Million
Impulse Qingdao Health Tech Co Ltd (002899)	$1.16 Billion	5.66%	0.75x	$429.95 Million
China Bicycle Co Holdings Ltd (200017)	$1.35 Billion	2.23%	1.18x	$57.06 Million

About Beijing Toread Outdoor Product

SHE:300005 China Leisure

Market Cap

$1.31 Billion

CN¥8.95 Billion CNY

Market Cap Rank

#7752 Global

#1719 in China

Share Price

CN¥10.13

Change (1 day)

-1.36%

52-Week Range

CN¥8.30 - CN¥24.43

All Time High

CN¥24.43