Beijing Kunlun Tech Co Ltd (300418) - Net Assets
Based on the latest financial reports, Beijing Kunlun Tech Co Ltd (300418) has net assets worth CN¥14.45 Billion CNY (≈ $2.11 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥19.74 Billion ≈ $2.89 Billion USD) and total liabilities (CN¥5.29 Billion ≈ $774.12 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. Also explore Beijing Kunlun Tech Co Ltd assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥14.45 Billion |
| % of Total Assets | 73.2% |
| Annual Growth Rate | 27.51% |
| 5-Year Change | 17.71% |
| 10-Year Change | 391.81% |
| Growth Volatility | 72.63 |
Beijing Kunlun Tech Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Beijing Kunlun Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is Beijing Kunlun Tech Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Beijing Kunlun Tech Co Ltd (2011–2025)
The table below shows the annual net assets of Beijing Kunlun Tech Co Ltd from 2011 to 2025. For live valuation and market cap data, see 300418 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥15.64 Billion ≈ $2.29 Billion |
-7.88% |
| 2024-12-31 | CN¥16.98 Billion ≈ $2.49 Billion |
-5.11% |
| 2023-12-31 | CN¥17.90 Billion ≈ $2.62 Billion |
+23.08% |
| 2022-12-31 | CN¥14.54 Billion ≈ $2.13 Billion |
+9.42% |
| 2021-12-31 | CN¥13.29 Billion ≈ $1.94 Billion |
-1.20% |
| 2020-12-31 | CN¥13.45 Billion ≈ $1.97 Billion |
+186.78% |
| 2019-12-31 | CN¥4.69 Billion ≈ $686.45 Million |
-19.92% |
| 2018-12-31 | CN¥5.86 Billion ≈ $857.20 Million |
-33.90% |
| 2017-12-31 | CN¥8.86 Billion ≈ $1.30 Billion |
+178.60% |
| 2016-12-31 | CN¥3.18 Billion ≈ $465.49 Million |
+18.69% |
| 2015-12-31 | CN¥2.68 Billion ≈ $392.17 Million |
+164.85% |
| 2014-12-31 | CN¥1.01 Billion ≈ $148.07 Million |
+18.57% |
| 2013-12-31 | CN¥853.43 Million ≈ $124.88 Million |
+22.07% |
| 2012-12-31 | CN¥699.14 Million ≈ $102.31 Million |
+34.30% |
| 2011-12-31 | CN¥520.58 Million ≈ $76.18 Million |
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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 6184.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥8.15 Billion | 61.82% |
| Other Components | CN¥5.03 Billion | 38.18% |
| Total Equity | CN¥13.19 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 |
|---|---|
|
Bank of Maharashtra
NSE:MAHABANK
|
$6.74 Billion |
|
Gaztransport & Technigaz SAS
PA:GTT
|
$6.74 Billion |
|
Middleby Corp
NASDAQ:MIDD
|
$6.74 Billion |
|
Nedbank Group Ltd
JSE:NED
|
$6.75 Billion |
|
GRINM Semiconductor Materials Co. Ltd. A
SHG:688432
|
$6.74 Billion |
|
Fibra UNO
MX:FUNO11
|
$6.73 Billion |
|
Arcellx Inc
NASDAQ:ACLX
|
$6.73 Billion |
|
CIG ShangHai Co Ltd Class A
SHG:603083
|
$6.73 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 2024 to 2025, total equity changed from 14,268,561,527 to 13,185,191,364, a change of -1,083,370,163 (-7.6%).
- Net loss of 1,592,728,559 reduced equity.
- Dividend payments of 23,612,889 reduced retained earnings.
- Other factors increased equity by 532,971,284.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.59 Billion | -12.08% |
| Dividends Paid | CN¥23.61 Million | -0.18% |
| Other Changes | CN¥532.97 Million | +4.04% |
| Total Change | CN¥- | -7.59% |
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: 3.49x
- 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 57.74x to 3.49x 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¥36.68 | x |
| 2012-12-31 | CN¥0.85 | CN¥36.68 | x |
| 2013-12-31 | CN¥1.04 | CN¥36.68 | x |
| 2014-12-31 | CN¥1.21 | CN¥36.68 | x |
| 2015-12-31 | CN¥2.45 | CN¥36.68 | x |
| 2016-12-31 | CN¥2.79 | CN¥36.68 | x |
| 2017-12-31 | CN¥7.76 | CN¥36.68 | x |
| 2018-12-31 | CN¥4.98 | CN¥36.68 | x |
| 2019-12-31 | CN¥4.09 | CN¥36.68 | x |
| 2020-12-31 | CN¥8.88 | CN¥36.68 | x |
| 2021-12-31 | CN¥8.84 | CN¥36.68 | x |
| 2022-12-31 | CN¥10.71 | CN¥36.68 | x |
| 2023-12-31 | CN¥12.30 | CN¥36.68 | x |
| 2024-12-31 | CN¥11.66 | CN¥36.68 | x |
| 2025-12-31 | CN¥10.50 | CN¥36.68 | 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): -12.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.43%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.53x
- Recent ROE (-12.08%) is below the historical average (19.73%), 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¥129.61 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% | 0.38x | 1.65x | CN¥436.32 Million |
| 2019 | 27.61% | 35.12% | 0.36x | 2.19x | CN¥825.98 Million |
| 2020 | 48.78% | 108.89% | 0.26x | 1.70x | 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¥-116.94 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 |
| 2025 | -12.08% | -19.43% | 0.41x | 1.53x | CN¥-2.91 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: $1,755,316,904
- Average return on equity (ROE) among peers: 24.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Kunlun Tech Co Ltd (300418) | CN¥14.45 Billion | 34.90% | 0.37x | $6.74 Billion |
| YOUZU Interactive Co Ltd (002174) | $218.89 Million | 10.48% | 0.49x | $1.48 Billion |
| Dalian Zeus Entertainment (002354) | $5.71 Billion | 9.58% | 0.29x | $1.43 Billion |
| Kaiser China Holding Co Ltd (002425) | $2.13 Billion | 3.79% | 0.25x | $344.38 Million |
| Kingnet Network Co Ltd (002517) | $587.09 Million | 6.45% | 0.08x | $4.65 Billion |
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | $7.29 Billion | 28.99% | 0.39x | $5.88 Billion |
| Giant Network Group Co Ltd (002558) | $140.42 Million | 16.45% | 0.57x | $6.85 Billion |
| Zhejiang Century Huatong Group Co Ltd (002602) | $198.71 Million | 38.78% | 1.01x | $13.46 Billion |
| Beijing Ultrapower Software (300002) | $233.69 Million | 51.58% | 0.63x | $2.18 Billion |
| Shenzhen Zqgame (300052) | $1.03 Billion | 6.30% | 0.21x | $343.71 Million |
| Hangzhou Shunwang Tech (300113) | $3.17 Million | 73.17% | 0.32x | $1.60 Billion |
About Beijing Kunlun Tech Co Ltd
Kunlun Tech Co., Ltd. engages in the provision of internet value-added services in China and internationally. The company offers short drama and AI short drama platform, AI music, AI games, AISuperAgent, and AI social networking products. It is also involved in the artificial intelligence technology development, music social platform and online game operation, investment management, and browser a… Read more