Beijing Kunlun Tech Co Ltd
Kunlun Tech Co., Ltd. engages in the business of gaming and social entertainment platforms in China and internationally. It is involved in the artificial intelligence technology development, music social platform and online game operation, investment management, and browser advertising businesses. The company was formerly known as Beijing Kunlun Tech Co., Ltd. and changed its name to Kunlun Tech … Read more
Beijing Kunlun Tech Co Ltd (300418) - Net Assets
Latest net assets as of September 2025: CN¥16.59 Billion CNY
Based on the latest financial reports, Beijing Kunlun Tech Co Ltd (300418) has net assets worth CN¥16.59 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¥20.64 Billion) and total liabilities (CN¥4.05 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¥16.59 Billion |
| % of Total Assets | 80.36% |
| Annual Growth Rate | 30.74% |
| 5-Year Change | 75.45% |
| 10-Year Change | 533.72% |
| Growth Volatility | 63.68 |
Beijing Kunlun Tech Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Beijing Kunlun Tech 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 Beijing Kunlun Tech Co Ltd (2011–2024)
The table below shows the annual net assets of Beijing Kunlun Tech Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥16.98 Billion | -5.11% |
| 2023-12-31 | CN¥17.90 Billion | +23.08% |
| 2022-12-31 | CN¥14.54 Billion | +9.42% |
| 2021-12-31 | CN¥13.29 Billion | +37.30% |
| 2020-12-31 | CN¥9.68 Billion | +106.35% |
| 2019-12-31 | CN¥4.69 Billion | -11.76% |
| 2018-12-31 | CN¥5.32 Billion | -40.01% |
| 2017-12-31 | CN¥8.86 Billion | +178.60% |
| 2016-12-31 | CN¥3.18 Billion | +18.69% |
| 2015-12-31 | CN¥2.68 Billion | +164.85% |
| 2014-12-31 | CN¥1.01 Billion | +18.57% |
| 2013-12-31 | CN¥853.43 Million | +22.07% |
| 2012-12-31 | CN¥699.14 Million | +34.30% |
| 2011-12-31 | CN¥520.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Kunlun Tech 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 7579.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥9.96 Billion | 69.80% |
| Common Stock | CN¥1.23 Billion | 8.63% |
| Other Components | CN¥3.08 Billion | 21.57% |
| Total Equity | CN¥14.27 Billion | 100.00% |
Beijing Kunlun Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Kunlun Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trend Micro Inc.
PINK:TMICF
|
$5.46 Billion |
|
Rexel S.A
PINK:RXLSF
|
$5.47 Billion |
|
MINISO GRP HLD.ADS/4
F:MIF
|
$5.48 Billion |
|
Zensho Holdings Co. Ltd
PINK:ZSHOF
|
$5.48 Billion |
|
LUMEN TECHNOLOGIES DL 1
F:CYTH
|
$5.46 Billion |
|
Washington H. Soul Pattinson and Company Limited
PINK:WSOUF
|
$5.45 Billion |
|
WT Microelectronics Co Ltd
TW:3036
|
$5.45 Billion |
|
The Descartes Systems Group Inc
F:DC2
|
$5.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Kunlun Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,174,349,000 to 14,268,562,000, a change of -905,787,000 (-6.0%).
- Net loss of 1,594,796,842 reduced equity.
- Dividend payments of 90,699,000 reduced retained earnings.
- Other comprehensive income decreased equity by 80,092,041.
- Other factors increased equity by 859,800,883.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.59 Billion | -11.18% |
| Dividends Paid | CN¥90.70 Million | -0.64% |
| Other Comprehensive Income | CN¥-80.09 Million | -0.56% |
| Other Changes | CN¥859.80 Million | +6.03% |
| Total Change | CN¥- | -5.97% |
Book Value vs Market Value Analysis
This analysis compares Beijing Kunlun Tech 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: 4.17x
- 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 76.50x to 4.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.64 | CN¥48.60 | x |
| 2012-12-31 | CN¥0.85 | CN¥48.60 | x |
| 2013-12-31 | CN¥1.04 | CN¥48.60 | x |
| 2014-12-31 | CN¥1.21 | CN¥48.60 | x |
| 2015-12-31 | CN¥2.45 | CN¥48.60 | x |
| 2016-12-31 | CN¥2.79 | CN¥48.60 | x |
| 2017-12-31 | CN¥7.76 | CN¥48.60 | x |
| 2018-12-31 | CN¥4.98 | CN¥48.60 | x |
| 2019-12-31 | CN¥4.09 | CN¥48.60 | x |
| 2020-12-31 | CN¥8.88 | CN¥48.60 | x |
| 2021-12-31 | CN¥8.84 | CN¥48.60 | x |
| 2022-12-31 | CN¥10.71 | CN¥48.60 | x |
| 2023-12-31 | CN¥12.30 | CN¥48.60 | x |
| 2024-12-31 | CN¥11.66 | CN¥48.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Kunlun Tech 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): -11.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.16%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.45x
- Recent ROE (-11.18%) is below the historical average (22.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 34.90% | 28.29% | 0.99x | 1.25x | CN¥129.60 Million |
| 2012 | 31.23% | 27.09% | 0.96x | 1.21x | CN¥148.45 Million |
| 2013 | 51.08% | 28.87% | 1.21x | 1.46x | CN¥350.56 Million |
| 2014 | 32.25% | 16.87% | 1.32x | 1.45x | CN¥225.19 Million |
| 2015 | 15.12% | 22.65% | 0.46x | 1.45x | CN¥137.29 Million |
| 2016 | 16.86% | 21.92% | 0.38x | 2.00x | CN¥216.29 Million |
| 2017 | 11.47% | 29.06% | 0.28x | 1.38x | CN¥127.69 Million |
| 2018 | 17.66% | 28.12% | 0.41x | 1.55x | CN¥436.32 Million |
| 2019 | 27.61% | 44.30% | 0.29x | 2.19x | CN¥825.98 Million |
| 2020 | 48.78% | 108.89% | 0.35x | 1.28x | CN¥4.01 Billion |
| 2021 | 14.90% | 31.89% | 0.27x | 1.72x | CN¥508.77 Million |
| 2022 | 9.08% | 24.34% | 0.27x | 1.38x | CN¥-116.95 Million |
| 2023 | 8.29% | 25.60% | 0.23x | 1.42x | CN¥-259.07 Million |
| 2024 | -11.18% | -28.16% | 0.27x | 1.45x | CN¥-3.02 Billion |
Industry Comparison
This section compares Beijing Kunlun Tech Co Ltd's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $2,288,074,106
- Average return on equity (ROE) among peers: 13.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Kunlun Tech Co Ltd (300418) | CN¥16.59 Billion | 34.90% | 0.24x | $5.46 Billion |
| YOUZU Interactive Co Ltd (002174) | $225.02 Million | 4.38% | 0.54x | $1.27 Billion |
| Dalian Zeus Entertainment (002354) | $2.76 Billion | 1.55% | 0.30x | $1.31 Billion |
| Kaiser China Holding Co Ltd (002425) | $278.18 Million | 20.99% | 0.21x | $367.04 Million |
| Kingnet Network Co Ltd (002517) | $645.22 Million | 9.71% | 0.07x | $4.42 Billion |
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | $13.02 Billion | 20.54% | 0.50x | $4.16 Billion |
| Giant Network Group Co Ltd (002558) | $100.63 Million | 25.98% | 0.77x | $5.15 Billion |
| Zhejiang Century Huatong Group Co Ltd (002602) | $3.99 Billion | 10.21% | 0.27x | $12.35 Billion |
| Shenzhen Zqgame (300052) | $170.25 Million | 24.16% | 0.10x | $384.52 Million |
| Hangzhou Shunwang Tech (300113) | $808.30 Million | 11.40% | 0.11x | $1.61 Billion |
| Ourpalm (300315) | $881.90 Million | 9.33% | 0.04x | $1.78 Billion |