Beijing Forever Technology Co Ltd (300365) - Net Assets
Based on the latest financial reports, Beijing Forever Technology Co Ltd (300365) has net assets worth CN¥1.89 Billion CNY (≈ $276.07 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.45 Billion ≈ $358.09 Million USD) and total liabilities (CN¥560.45 Million ≈ $82.01 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 300365 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.89 Billion |
| % of Total Assets | 77.1% |
| Annual Growth Rate | 24.17% |
| 5-Year Change | -14.76% |
| 10-Year Change | 189.92% |
| Growth Volatility | 38.22 |
Beijing Forever Technology Co Ltd - Net Assets Trend (2010–2024)
This chart illustrates how Beijing Forever Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Beijing Forever Technology Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Beijing Forever Technology Co Ltd (2010–2024)
The table below shows the annual net assets of Beijing Forever Technology Co Ltd from 2010 to 2024. For live valuation and market cap data, see 300365 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.86 Billion ≈ $271.78 Million |
-10.23% |
| 2023-12-31 | CN¥2.07 Billion ≈ $302.77 Million |
+1.99% |
| 2022-12-31 | CN¥2.03 Billion ≈ $296.86 Million |
-10.34% |
| 2021-12-31 | CN¥2.26 Billion ≈ $331.11 Million |
+3.84% |
| 2020-12-31 | CN¥2.18 Billion ≈ $318.85 Million |
+1.58% |
| 2019-12-31 | CN¥2.15 Billion ≈ $313.89 Million |
+17.83% |
| 2018-12-31 | CN¥1.82 Billion ≈ $266.39 Million |
+17.20% |
| 2017-12-31 | CN¥1.55 Billion ≈ $227.29 Million |
+106.81% |
| 2016-12-31 | CN¥751.06 Million ≈ $109.90 Million |
+17.24% |
| 2015-12-31 | CN¥640.62 Million ≈ $93.74 Million |
+22.17% |
| 2014-12-31 | CN¥524.37 Million ≈ $76.73 Million |
+120.87% |
| 2013-12-31 | CN¥237.41 Million ≈ $34.74 Million |
+33.44% |
| 2012-12-31 | CN¥177.91 Million ≈ $26.03 Million |
+42.44% |
| 2011-12-31 | CN¥124.91 Million ≈ $18.28 Million |
+39.36% |
| 2010-12-31 | CN¥89.63 Million ≈ $13.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Forever 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 grown by 2292.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥655.81 Million | 35.32% |
| Other Components | CN¥1.20 Billion | 64.68% |
| Total Equity | CN¥1.86 Billion | 100.00% |
Beijing Forever Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Forever Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TROOPS Inc
NASDAQ:TROO
|
$522.69 Million |
|
Anhui Jinchun Nonwoven Co Ltd
SHE:300877
|
$522.75 Million |
|
Smith & Wesson Brands Inc
NASDAQ:SWBI
|
$522.80 Million |
|
Shandong Polymer Biochemicals Co Ltd
SHE:002476
|
$523.00 Million |
|
CII Bridges and Roads Investment JSC
VN:LGC
|
$522.27 Million |
|
HarborOne Bancorp Inc
NASDAQ:HONE
|
$522.22 Million |
|
Suzhou Jin Hong Shun Auto Parts Co Ltd Class A
SHG:603922
|
$522.09 Million |
|
Changchai Co Ltd
SHE:000570
|
$522.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Forever Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,967,035,474 to 1,857,034,580, a change of -110,000,894 (-5.6%).
- Net loss of 157,741,565 reduced equity.
- Dividend payments of 10,652,780 reduced retained earnings.
- Other factors increased equity by 58,393,451.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-157.74 Million | -8.49% |
| Dividends Paid | CN¥10.65 Million | -0.57% |
| Other Changes | CN¥58.39 Million | +3.14% |
| Total Change | CN¥- | -5.59% |
Book Value vs Market Value Analysis
This analysis compares Beijing Forever 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: 1.92x
- 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 2.27x to 1.92x 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¥2.62 | CN¥5.95 | x |
| 2018-12-31 | CN¥3.01 | CN¥5.95 | x |
| 2019-12-31 | CN¥3.54 | CN¥5.95 | x |
| 2020-12-31 | CN¥3.45 | CN¥5.95 | x |
| 2021-12-31 | CN¥3.61 | CN¥5.95 | x |
| 2022-12-31 | CN¥3.22 | CN¥5.95 | x |
| 2023-12-31 | CN¥3.28 | CN¥5.95 | x |
| 2024-12-31 | CN¥3.10 | CN¥5.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Forever 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): -8.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.49%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.25x
- Recent ROE (-8.49%) is below the historical average (12.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 33.59% | 30.45% | 0.74x | 1.49x | CN¥21.14 Million |
| 2011 | 32.95% | 31.07% | 0.76x | 1.40x | CN¥28.67 Million |
| 2012 | 29.79% | 32.17% | 0.75x | 1.23x | CN¥35.21 Million |
| 2013 | 25.06% | 30.01% | 0.68x | 1.23x | CN¥35.75 Million |
| 2014 | 11.56% | 26.63% | 0.41x | 1.07x | CN¥8.18 Million |
| 2015 | 12.81% | 20.59% | 0.54x | 1.15x | CN¥17.71 Million |
| 2016 | 17.20% | 20.79% | 0.60x | 1.38x | CN¥52.50 Million |
| 2017 | 12.39% | 22.46% | 0.42x | 1.30x | CN¥37.07 Million |
| 2018 | 14.94% | 22.94% | 0.48x | 1.37x | CN¥89.80 Million |
| 2019 | 13.77% | 26.27% | 0.40x | 1.32x | CN¥80.79 Million |
| 2020 | 3.95% | 8.54% | 0.36x | 1.29x | CN¥-126.43 Million |
| 2021 | 2.67% | 6.64% | 0.30x | 1.34x | CN¥-158.70 Million |
| 2022 | -11.35% | -36.10% | 0.25x | 1.24x | CN¥-412.39 Million |
| 2023 | 0.91% | 2.16% | 0.33x | 1.28x | CN¥-178.84 Million |
| 2024 | -8.49% | -16.49% | 0.41x | 1.25x | CN¥-343.45 Million |
Industry Comparison
This section compares Beijing Forever Technology Co Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $3,951,687,202
- Average return on equity (ROE) among peers: -0.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Forever Technology Co Ltd (300365) | CN¥1.89 Billion | 33.59% | 0.30x | $522.28 Million |
| Digital China Information Service Co Ltd (000555) | $54.46 Million | -79.56% | 3.15x | $1.96 Billion |
| Fujian Newland Computer Co Ltd (000997) | $2.53 Billion | 18.26% | 1.48x | $2.95 Billion |
| YGSOFT Inc (002063) | $2.77 Billion | 9.50% | 0.13x | $1.76 Billion |
| Dhc Software Co Ltd (002065) | $2.27 Billion | 18.56% | 0.48x | $3.86 Billion |
| Zhejiang Netsun Co Ltd (002095) | $494.50 Million | 6.66% | 0.20x | $597.98 Million |
| Montnets Cloud Technology Group Co Ltd (002123) | $2.29 Billion | 3.31% | 0.92x | $1.12 Billion |
| Beijing Shiji Information Technology Co Ltd (002153) | $905.80 Million | 23.61% | 0.18x | $4.03 Billion |
| Shanghai 2345 Network Holding Group (002195) | $9.15 Billion | -9.99% | 0.08x | $7.14 Billion |
| Iflytek Co Ltd (002230) | $17.73 Billion | 3.71% | 1.13x | $16.17 Billion |
| Qiming Information Technology Co Ltd (002232) | $1.33 Billion | 3.04% | 0.59x | $1.06 Billion |
About Beijing Forever Technology Co Ltd
Beijing Forever Technology Co., Ltd. provides software development and technical services in the People's Republic of China. The company offers energy management and smart security center, integrated power distribution and sales platform, and integrated energy e-commerce platform; and 3D design toolset, such as 3D circuit design, three-dimensional substation, three-dimensional cable, 3D power dis… Read more