Beijing Trust Far Tech
Beijing Trust & Far Technology Co.,Ltd, together with its subsidiaries, provides data center information technology infrastructure operation and maintenance services in China. The company offers intelligent integrated operation and maintenance management system based on big data, which is for monitoring level and fault response; DBScale database container platform, which is for building an enterp… Read more
Beijing Trust Far Tech (300231) - Net Assets
Latest net assets as of June 2025: CN¥1.64 Billion CNY
Based on the latest financial reports, Beijing Trust Far Tech (300231) has net assets worth CN¥1.64 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.41 Billion) and total liabilities (CN¥777.28 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¥1.64 Billion |
| % of Total Assets | 67.8% |
| Annual Growth Rate | 27.96% |
| 5-Year Change | 16.05% |
| 10-Year Change | 231.56% |
| Growth Volatility | 58.92 |
Beijing Trust Far Tech - Net Assets Trend (2008–2024)
This chart illustrates how Beijing Trust Far Tech'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 Trust Far Tech (2008–2024)
The table below shows the annual net assets of Beijing Trust Far Tech from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.63 Billion | +1.45% |
| 2023-12-31 | CN¥1.61 Billion | +1.46% |
| 2022-12-31 | CN¥1.59 Billion | +5.83% |
| 2021-12-31 | CN¥1.50 Billion | +6.54% |
| 2020-12-31 | CN¥1.41 Billion | +13.33% |
| 2019-12-31 | CN¥1.24 Billion | -10.50% |
| 2018-12-31 | CN¥1.39 Billion | +89.57% |
| 2017-12-31 | CN¥731.19 Million | +18.53% |
| 2016-12-31 | CN¥616.90 Million | +25.36% |
| 2015-12-31 | CN¥492.09 Million | +23.10% |
| 2014-12-31 | CN¥399.74 Million | +12.70% |
| 2013-12-31 | CN¥354.69 Million | +11.02% |
| 2012-12-31 | CN¥319.48 Million | +11.22% |
| 2011-12-31 | CN¥287.25 Million | +238.65% |
| 2010-12-31 | CN¥84.82 Million | +46.14% |
| 2009-12-31 | CN¥58.04 Million | +83.90% |
| 2008-12-31 | CN¥31.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Trust Far Tech'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 1710.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥352.93 Million | 21.63% |
| Other Components | CN¥1.28 Billion | 78.37% |
| Total Equity | CN¥1.63 Billion | 100.00% |
Beijing Trust Far Tech Competitors by Market Cap
The table below lists competitors of Beijing Trust Far Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Titan America SA
NYSE:TTAM
|
$511.97 Million |
|
Chutian Dragon Co Ltd
SHE:003040
|
$512.00 Million |
|
KMRIF
PINK:KMRIF
|
$512.11 Million |
|
Malaysia Building Society Bhd
KLSE:1171
|
$512.21 Million |
|
Tong Oil Tools
SHE:300164
|
$511.69 Million |
|
Changzhou Aohong Electronics Co. Ltd.
SHG:605058
|
$511.59 Million |
|
Mersen
PINK:CBLNF
|
$511.49 Million |
|
KMW Inc.
KQ:032500
|
$511.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Trust Far Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,608,274,141 to 1,631,569,802, a change of 23,295,661 (1.4%).
- Net loss of 117,992,735 reduced equity.
- Dividend payments of 96,246,751 reduced retained earnings.
- Other factors increased equity by 237,535,147.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-117.99 Million | -7.23% |
| Dividends Paid | CN¥96.25 Million | -5.9% |
| Other Changes | CN¥237.54 Million | +14.56% |
| Total Change | CN¥- | 1.45% |
Book Value vs Market Value Analysis
This analysis compares Beijing Trust Far Tech'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: 3.03x
- 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 5.80x to 3.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.92 | CN¥11.14 | x |
| 2018-12-31 | CN¥3.14 | CN¥11.14 | x |
| 2019-12-31 | CN¥2.81 | CN¥11.14 | x |
| 2020-12-31 | CN¥3.18 | CN¥11.14 | x |
| 2021-12-31 | CN¥3.39 | CN¥11.14 | x |
| 2022-12-31 | CN¥3.59 | CN¥11.14 | x |
| 2023-12-31 | CN¥3.84 | CN¥11.14 | x |
| 2024-12-31 | CN¥3.67 | CN¥11.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Trust Far Tech 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): -7.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.33%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.70x
- Recent ROE (-7.23%) is below the historical average (14.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 35.47% | 8.97% | 1.71x | 2.31x | CN¥7.83 Million |
| 2009 | 29.14% | 15.07% | 1.22x | 1.58x | CN¥11.11 Million |
| 2010 | 31.57% | 16.94% | 1.30x | 1.43x | CN¥18.30 Million |
| 2011 | 12.04% | 17.56% | 0.61x | 1.13x | CN¥5.87 Million |
| 2012 | 12.59% | 11.98% | 0.82x | 1.28x | CN¥8.28 Million |
| 2013 | 13.31% | 12.37% | 0.86x | 1.26x | CN¥11.74 Million |
| 2014 | 14.44% | 11.80% | 0.93x | 1.31x | CN¥17.76 Million |
| 2015 | 16.93% | 12.41% | 1.02x | 1.34x | CN¥34.10 Million |
| 2016 | 18.80% | 11.04% | 1.05x | 1.63x | CN¥54.28 Million |
| 2017 | 16.82% | 13.18% | 0.68x | 1.88x | CN¥49.89 Million |
| 2018 | 8.12% | 9.22% | 0.66x | 1.33x | CN¥-26.10 Million |
| 2019 | 10.90% | 8.77% | 0.61x | 2.03x | CN¥11.13 Million |
| 2020 | 11.57% | 7.02% | 0.77x | 2.14x | CN¥22.02 Million |
| 2021 | 11.37% | 7.25% | 0.85x | 1.84x | CN¥20.50 Million |
| 2022 | 10.96% | 7.17% | 0.88x | 1.74x | CN¥15.24 Million |
| 2023 | 6.60% | 5.37% | 0.79x | 1.56x | CN¥-54.72 Million |
| 2024 | -7.23% | -7.33% | 0.58x | 1.70x | CN¥-281.15 Million |
Industry Comparison
This section compares Beijing Trust Far Tech's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,406,142,259
- Average return on equity (ROE) among peers: 7.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Trust Far Tech (300231) | CN¥1.64 Billion | 35.47% | 0.47x | $511.81 Million |
| ZJBC Information Technology Co Ltd (000889) | $2.34 Billion | 0.86% | 0.59x | $286.23 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $544.17 Million | 2.19% | 1.16x | $554.08 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $675.52 Million |
| Shanghai HiTech Control System (002184) | $597.99 Million | 8.70% | 0.45x | $320.48 Million |
| SZZT Electronics Co Ltd (002197) | $1.08 Billion | 5.10% | 0.54x | $534.28 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.05 Billion |
| Westone Information Industry Inc (002268) | $615.76 Million | 14.05% | 0.27x | $1.36 Billion |
| Taiji Computer Corp Ltd (002368) | $3.42 Billion | 9.80% | 2.11x | $1.05 Billion |
| Shenzhen Das Intellitech Co Ltd (002421) | $118.90 Million | 16.46% | 0.87x | $668.47 Million |
| Ronglian Group Ltd (002642) | $2.63 Billion | 1.35% | 0.41x | $574.03 Million |