Bestway Marine & Energy Technology Co Ltd
Bestway Marine & Energy Technology Co.,Ltd provides marine and offshore engineering research and design services in China. The company operates through Marine Engineering, Defense Equipment, and Energy segments. It offers dry bulk carriers, oil tankers, feeder container, and other ships. In addition, the company is involved in operation and maintenance of offshore engineering, diving working moth… Read more
Bestway Marine & Energy Technology Co Ltd (300008) - Net Assets
Latest net assets as of September 2025: CN¥2.35 Billion CNY
Based on the latest financial reports, Bestway Marine & Energy Technology Co Ltd (300008) has net assets worth CN¥2.35 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¥5.49 Billion) and total liabilities (CN¥3.15 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¥2.35 Billion |
| % of Total Assets | 42.74% |
| Annual Growth Rate | 30.08% |
| 5-Year Change | 27.91% |
| 10-Year Change | 123.4% |
| Growth Volatility | 129.44 |
Bestway Marine & Energy Technology Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Bestway Marine & Energy Technology 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 Bestway Marine & Energy Technology Co Ltd (2006–2024)
The table below shows the annual net assets of Bestway Marine & Energy Technology Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.11 Billion | +8.40% |
| 2023-12-31 | CN¥1.95 Billion | +9.08% |
| 2022-12-31 | CN¥1.78 Billion | +6.57% |
| 2021-12-31 | CN¥1.67 Billion | +1.51% |
| 2020-12-31 | CN¥1.65 Billion | +308.81% |
| 2019-12-31 | CN¥403.24 Million | -46.63% |
| 2018-12-31 | CN¥755.62 Million | -71.51% |
| 2017-12-31 | CN¥2.65 Billion | -8.66% |
| 2016-12-31 | CN¥2.90 Billion | +207.65% |
| 2015-12-31 | CN¥943.87 Million | +12.07% |
| 2014-12-31 | CN¥842.23 Million | +56.77% |
| 2013-12-31 | CN¥537.23 Million | -1.02% |
| 2012-12-31 | CN¥542.74 Million | -1.70% |
| 2011-12-31 | CN¥552.13 Million | +12.41% |
| 2010-12-31 | CN¥491.16 Million | +9.71% |
| 2009-12-31 | CN¥447.69 Million | +450.63% |
| 2008-12-31 | CN¥81.31 Million | +87.02% |
| 2007-12-31 | CN¥43.47 Million | +134.44% |
| 2006-12-31 | CN¥18.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bestway Marine & Energy Technology 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 decreased by 12462.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.73 Billion | 82.54% |
| Other Comprehensive Income | CN¥174.94 Million | 8.36% |
| Other Components | CN¥1.58 Billion | 75.44% |
| Total Equity | CN¥2.09 Billion | 100.00% |
Bestway Marine & Energy Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Bestway Marine & Energy Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Schneider National Inc
NYSE:SNDR
|
$1.63 Billion |
|
Zhewen Interactive Group Co Ltd
SHG:600986
|
$1.63 Billion |
|
The Great Eastern Shipping Company Limited
NSE:GESHIP
|
$1.63 Billion |
|
Mycronic AB
LSE:0MQG
|
$1.63 Billion |
|
Tata Elxsi Limited
NSE:TATAELXSI
|
$1.63 Billion |
|
China Hainan Rubber Industry Group Co Ltd
SHG:601118
|
$1.63 Billion |
|
Fujian Star Net Communic Ltd
SHE:002396
|
$1.63 Billion |
|
Foxconn Technology Co. Ltd.
OTCGREY:FXCOF
|
$1.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bestway Marine & Energy Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,931,115,281 to 2,093,452,259, a change of 162,336,978 (8.4%).
- Net income of 138,545,474 contributed positively to equity growth.
- Dividend payments of 36,738,109 reduced retained earnings.
- Other comprehensive income increased equity by 174,941,675.
- Other factors decreased equity by 114,412,062.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥138.55 Million | +6.62% |
| Dividends Paid | CN¥36.74 Million | -1.75% |
| Other Comprehensive Income | CN¥174.94 Million | +8.36% |
| Other Changes | CN¥-114.41 Million | -5.47% |
| Total Change | CN¥- | 8.41% |
Book Value vs Market Value Analysis
This analysis compares Bestway Marine & Energy Technology 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: 6.90x
- 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 218.19x to 6.90x 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¥0.04 | CN¥8.36 | x |
| 2007-12-31 | CN¥0.09 | CN¥8.36 | x |
| 2008-12-31 | CN¥0.11 | CN¥8.36 | x |
| 2009-12-31 | CN¥0.56 | CN¥8.36 | x |
| 2010-12-31 | CN¥0.49 | CN¥8.36 | x |
| 2011-12-31 | CN¥0.54 | CN¥8.36 | x |
| 2012-12-31 | CN¥0.54 | CN¥8.36 | x |
| 2013-12-31 | CN¥0.53 | CN¥8.36 | x |
| 2014-12-31 | CN¥0.74 | CN¥8.36 | x |
| 2015-12-31 | CN¥0.83 | CN¥8.36 | x |
| 2016-12-31 | CN¥1.76 | CN¥8.36 | x |
| 2017-12-31 | CN¥1.53 | CN¥8.36 | x |
| 2018-12-31 | CN¥0.44 | CN¥8.36 | x |
| 2019-12-31 | CN¥0.23 | CN¥8.36 | x |
| 2020-12-31 | CN¥0.95 | CN¥8.36 | x |
| 2021-12-31 | CN¥0.97 | CN¥8.36 | x |
| 2022-12-31 | CN¥1.03 | CN¥8.36 | x |
| 2023-12-31 | CN¥1.12 | CN¥8.36 | x |
| 2024-12-31 | CN¥1.21 | CN¥8.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bestway Marine & Energy Technology 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): 6.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.51%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 2.23x
- Recent ROE (6.62%) is above the historical average (-4.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 50.17% | 25.99% | 1.25x | 1.55x | CN¥7.45 Million |
| 2007 | 65.45% | 38.83% | 0.99x | 1.70x | CN¥24.11 Million |
| 2008 | 46.53% | 32.95% | 0.84x | 1.67x | CN¥29.70 Million |
| 2009 | 9.72% | 34.63% | 0.26x | 1.10x | CN¥-1.24 Million |
| 2010 | 13.18% | 31.37% | 0.35x | 1.19x | CN¥15.23 Million |
| 2011 | 14.46% | 23.14% | 0.49x | 1.26x | CN¥23.66 Million |
| 2012 | 4.54% | 8.98% | 0.41x | 1.24x | CN¥-28.82 Million |
| 2013 | 2.30% | 5.06% | 0.37x | 1.23x | CN¥-40.22 Million |
| 2014 | 5.52% | 5.42% | 0.64x | 1.58x | CN¥-37.32 Million |
| 2015 | 5.92% | 4.64% | 0.70x | 1.81x | CN¥-38.33 Million |
| 2016 | 5.59% | 10.69% | 0.40x | 1.31x | CN¥-128.00 Million |
| 2017 | 6.20% | 11.06% | 0.33x | 1.68x | CN¥-100.55 Million |
| 2018 | -249.65% | -182.61% | 0.44x | 3.14x | CN¥-1.95 Billion |
| 2019 | -88.62% | -60.79% | 0.29x | 5.01x | CN¥-398.70 Million |
| 2020 | 1.55% | 4.88% | 0.26x | 1.24x | CN¥-139.33 Million |
| 2021 | 1.55% | 1.83% | 0.58x | 1.46x | CN¥-141.76 Million |
| 2022 | 7.79% | 5.07% | 0.73x | 2.12x | CN¥-39.22 Million |
| 2023 | 5.26% | 2.82% | 0.83x | 2.25x | CN¥-91.54 Million |
| 2024 | 6.62% | 3.51% | 0.84x | 2.23x | CN¥-70.80 Million |
Industry Comparison
This section compares Bestway Marine & Energy Technology Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,794,839,000
- Average return on equity (ROE) among peers: 11.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bestway Marine & Energy Technology Co Ltd (300008) | CN¥2.35 Billion | 50.17% | 1.34x | $1.63 Billion |
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | $102.23 Million | 20.95% | 1.61x | $576.57 Million |
| Aecc Aero Engine Control Co Ltd (000738) | $5.67 Billion | 4.58% | 0.28x | $1.93 Billion |
| Zhejiang XiaSha Precision (001316) | $476.25 Million | 27.15% | 0.22x | $218.15 Million |
| Sichuan Haite High-tech Co Ltd (002023) | $175.19 Million | 19.07% | 0.67x | $850.82 Million |
| Aerospace CH UAV Co Ltd (002389) | $6.37 Billion | 3.80% | 0.25x | $1.81 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $602.65 Million | 10.94% | 0.23x | $8.62 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.43 Billion | -4.03% | 0.22x | $429.19 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $910.30 Million | 16.48% | 0.19x | $833.21 Million |
| Shaanxi Zhongtian Rocket Technology (003009) | $421.86 Million | 7.68% | 1.25x | $416.06 Million |