Shenzhen Bingchuan Network Co Ltd
Shenzhen Bingchuan Network Co.,Ltd. operates as an online gaming company in China and internationally. It is involved in technology development, technical consulting, and sales of computer hardware and software; research, development, and operation of online games; animation design; industrial and project investment activities; venture capital; digital cultural and creative content application se… Read more
Shenzhen Bingchuan Network Co Ltd (300533) - Net Assets
Latest net assets as of June 2025: CN¥1.61 Billion CNY
Based on the latest financial reports, Shenzhen Bingchuan Network Co Ltd (300533) has net assets worth CN¥1.61 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¥2.76 Billion) and total liabilities (CN¥1.15 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¥1.61 Billion |
| % of Total Assets | 58.46% |
| Annual Growth Rate | 22.1% |
| 5-Year Change | -26.23% |
| 10-Year Change | 165.23% |
| Growth Volatility | 60.16 |
Shenzhen Bingchuan Network Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shenzhen Bingchuan Network 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 Shenzhen Bingchuan Network Co Ltd (2011–2024)
The table below shows the annual net assets of Shenzhen Bingchuan Network Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.27 Billion | -21.19% |
| 2023-12-31 | CN¥1.61 Billion | -8.66% |
| 2022-12-31 | CN¥1.76 Billion | +7.41% |
| 2021-12-31 | CN¥1.64 Billion | -4.60% |
| 2020-12-31 | CN¥1.72 Billion | +1.22% |
| 2019-12-31 | CN¥1.70 Billion | +8.22% |
| 2018-12-31 | CN¥1.57 Billion | +3.79% |
| 2017-12-31 | CN¥1.51 Billion | +1.04% |
| 2016-12-31 | CN¥1.50 Billion | +213.00% |
| 2015-12-31 | CN¥478.28 Million | +18.03% |
| 2014-12-31 | CN¥405.21 Million | +54.65% |
| 2013-12-31 | CN¥262.02 Million | +43.22% |
| 2012-12-31 | CN¥182.95 Million | +93.40% |
| 2011-12-31 | CN¥94.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Bingchuan Network 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 23.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥103.65 Million | 8.18% |
| Other Components | CN¥1.16 Billion | 91.82% |
| Total Equity | CN¥1.27 Billion | 100.00% |
Shenzhen Bingchuan Network Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Bingchuan Network Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sionna Therapeutics, Inc. Common Stock
NASDAQ:SION
|
$552.47 Million |
|
Browave
TWO:3163
|
$552.58 Million |
|
Lotus Retail Growth Freehold and Leasehold Property Fund
BK:LPF
|
$552.62 Million |
|
Télévision Française 1 Société anonyme
PINK:TVFCF
|
$552.75 Million |
|
Chennai Petroleum Corporation Limited
NSE:CHENNPETRO
|
$552.36 Million |
|
Green Cross Corp
KO:006280
|
$552.24 Million |
|
Heiwa Corporation
F:HWC
|
$551.90 Million |
|
Media and Games Invest PLC
XETRA:M8G
|
$551.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Bingchuan Network Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,632,985,204 to 1,267,446,662, a change of -365,538,541 (-22.4%).
- Net loss of 247,207,097 reduced equity.
- Dividend payments of 115,664,805 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-247.21 Million | -19.5% |
| Dividends Paid | CN¥115.66 Million | -9.13% |
| Other Changes | CN¥-2.67 Million | -0.21% |
| Total Change | CN¥- | -22.38% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Bingchuan Network 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: 5.71x
- 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 increased from 3.06x to 5.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥10.11 | CN¥30.89 | x |
| 2018-12-31 | CN¥10.39 | CN¥30.89 | x |
| 2019-12-31 | CN¥11.25 | CN¥30.89 | x |
| 2020-12-31 | CN¥11.42 | CN¥30.89 | x |
| 2021-12-31 | CN¥10.93 | CN¥30.89 | x |
| 2022-12-31 | CN¥11.84 | CN¥30.89 | x |
| 2023-12-31 | CN¥7.07 | CN¥30.89 | x |
| 2024-12-31 | CN¥5.41 | CN¥30.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Bingchuan Network 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): -19.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.87%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 1.90x
- Recent ROE (-19.50%) is below the historical average (7.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 36.28% | 46.38% | 0.49x | 1.60x | CN¥124.26 Million |
| 2016 | 10.44% | 40.84% | 0.22x | 1.17x | CN¥6.53 Million |
| 2017 | 6.40% | 32.75% | 0.17x | 1.14x | CN¥-54.57 Million |
| 2018 | 6.33% | 34.33% | 0.16x | 1.15x | CN¥-57.92 Million |
| 2019 | 9.46% | 39.06% | 0.21x | 1.13x | CN¥-9.19 Million |
| 2020 | 4.97% | 22.20% | 0.19x | 1.15x | CN¥-86.68 Million |
| 2021 | -3.83% | -12.45% | 0.23x | 1.32x | CN¥-227.97 Million |
| 2022 | 7.14% | 6.30% | 0.73x | 1.56x | CN¥-51.60 Million |
| 2023 | 16.73% | 9.82% | 1.05x | 1.63x | CN¥109.95 Million |
| 2024 | -19.50% | -8.87% | 1.16x | 1.90x | CN¥-373.95 Million |
Industry Comparison
This section compares Shenzhen Bingchuan Network 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 |
|---|---|---|---|---|
| Shenzhen Bingchuan Network Co Ltd (300533) | CN¥1.61 Billion | 36.28% | 0.71x | $552.40 Million |
| 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 |