Shenzhen Bingchuan Network Co Ltd (300533) - Net Assets
Based on the latest financial reports, Shenzhen Bingchuan Network Co Ltd (300533) has net assets worth CN¥1.54 Billion CNY (≈ $224.91 Million 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¥2.79 Billion ≈ $408.35 Million USD) and total liabilities (CN¥1.25 Billion ≈ $183.43 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 300533 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.54 Billion |
| % of Total Assets | 55.08% |
| Annual Growth Rate | 22.1% |
| 5-Year Change | -5.57% |
| 10-Year Change | 3.49% |
| Growth Volatility | 58.03 |
Shenzhen Bingchuan Network Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Shenzhen Bingchuan Network Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300533 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen Bingchuan Network Co Ltd (2011–2025)
The table below shows the annual net assets of Shenzhen Bingchuan Network Co Ltd from 2011 to 2025. For live valuation and market cap data, see Shenzhen Bingchuan Network Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.55 Billion ≈ $226.71 Million |
+22.13% |
| 2024-12-31 | CN¥1.27 Billion ≈ $185.63 Million |
-21.19% |
| 2023-12-31 | CN¥1.61 Billion ≈ $235.54 Million |
-8.66% |
| 2022-12-31 | CN¥1.76 Billion ≈ $257.87 Million |
+7.41% |
| 2021-12-31 | CN¥1.64 Billion ≈ $240.07 Million |
-4.60% |
| 2020-12-31 | CN¥1.72 Billion ≈ $251.64 Million |
+1.22% |
| 2019-12-31 | CN¥1.70 Billion ≈ $248.60 Million |
+8.22% |
| 2018-12-31 | CN¥1.57 Billion ≈ $229.72 Million |
+3.79% |
| 2017-12-31 | CN¥1.51 Billion ≈ $221.33 Million |
+1.04% |
| 2016-12-31 | CN¥1.50 Billion ≈ $219.06 Million |
+213.00% |
| 2015-12-31 | CN¥478.28 Million ≈ $69.99 Million |
+18.03% |
| 2014-12-31 | CN¥405.21 Million ≈ $59.30 Million |
+54.65% |
| 2013-12-31 | CN¥262.02 Million ≈ $38.34 Million |
+43.22% |
| 2012-12-31 | CN¥182.95 Million ≈ $26.77 Million |
+93.40% |
| 2011-12-31 | CN¥94.60 Million ≈ $13.84 Million |
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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 295.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥330.53 Million | 21.60% |
| Other Components | CN¥1.20 Billion | 78.40% |
| Total Equity | CN¥1.53 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 |
|---|---|
|
ZH.JIN.ENV.HLDG DL-00001
F:3UG
|
$510.55 Million |
|
IS Dongseo
KO:010780
|
$510.65 Million |
|
Bright Oceans Inter Telecom Corp
SHG:600289
|
$510.66 Million |
|
Fulgent Genetics Inc
NASDAQ:FLGT
|
$510.93 Million |
|
Earth-Panda Advanced Magnetic Material Co Ltd
SHG:688077
|
$510.43 Million |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
$510.38 Million |
|
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd
SHE:300967
|
$510.25 Million |
|
Shandong Wohua Pharmaceutical Co Ltd
SHE:002107
|
$510.16 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 2024 to 2025, total equity changed from 1,267,446,662 to 1,530,183,319, a change of 262,736,657 (20.7%).
- Net income of 483,480,667 contributed positively to equity growth.
- Dividend payments of 234,461,970 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥483.48 Million | +31.6% |
| Dividends Paid | CN¥234.46 Million | -15.32% |
| Other Changes | CN¥13.72 Million | +0.9% |
| Total Change | CN¥- | 20.73% |
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: 2.28x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.47x to 2.28x 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¥14.88 | x |
| 2018-12-31 | CN¥10.39 | CN¥14.88 | x |
| 2019-12-31 | CN¥11.25 | CN¥14.88 | x |
| 2020-12-31 | CN¥11.42 | CN¥14.88 | x |
| 2021-12-31 | CN¥10.93 | CN¥14.88 | x |
| 2022-12-31 | CN¥11.84 | CN¥14.88 | x |
| 2023-12-31 | CN¥7.07 | CN¥14.88 | x |
| 2024-12-31 | CN¥5.41 | CN¥14.88 | x |
| 2025-12-31 | CN¥6.53 | CN¥14.88 | 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): 31.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.93%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.83x
- Recent ROE (31.60%) is above the historical average (9.64%), indicating improving 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 |
| 2025 | 31.60% | 18.93% | 0.91x | 1.83x | CN¥330.46 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: $3,827,300,791
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Bingchuan Network Co Ltd (300533) | CN¥1.54 Billion | 36.28% | 0.82x | $510.52 Million |
| YOUZU Interactive Co Ltd (002174) | $896.04 Million | 46.27% | 0.54x | $1.69 Billion |
| Dalian Zeus Entertainment (002354) | $2.40 Billion | -11.76% | 0.15x | $1.76 Billion |
| Kaiser China Holding Co Ltd (002425) | $3.46 Billion | 4.39% | 0.22x | $396.17 Million |
| Kingnet Network Co Ltd (002517) | $2.87 Billion | -66.02% | 0.35x | $4.61 Billion |
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | $13.67 Billion | 21.22% | 0.63x | $5.77 Billion |
| Giant Network Group Co Ltd (002558) | $11.90 Billion | 7.15% | 0.11x | $6.87 Billion |
| Zhejiang Century Huatong Group Co Ltd (002602) | $1.65 Billion | 4.93% | 0.26x | $14.40 Billion |
| Beijing Ultrapower Software (300002) | $233.69 Million | 51.58% | 0.63x | $2.18 Billion |
| Shenzhen Zqgame (300052) | $387.42 Million | -13.61% | 1.15x | $470.55 Million |
| Hangzhou Shunwang Tech (300113) | $808.30 Million | 11.40% | 0.11x | $2.02 Billion |
About 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