Shenzhen Bingchuan Network Co Ltd (300533) - Net Assets

Latest as of June 2025: CN¥1.61 Billion CNY ≈ $236.28 Million USD

Based on the latest financial reports, Shenzhen Bingchuan Network Co Ltd (300533) has net assets worth CN¥1.61 Billion CNY (≈ $236.28 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¥2.76 Billion ≈ $404.20 Million USD) and total liabilities (CN¥1.15 Billion ≈ $167.92 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 financial resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore 300533 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Shenzhen Bingchuan Network Co Ltd market cap and net worth.

Year	Net Assets	Change
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	--

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
Nantong Jinghua Pharmaceutical Co Ltd SHE:002349	$912.98 Million
Friend Co Ltd SHG:605050	$912.99 Million
Joeone Co Ltd SHG:601566	$913.19 Million
Tianjin Printronics Circuit Corp SHE:002134	$913.46 Million
EQ Resources Ltd AU:EQR	$912.94 Million
Sdiptech AB (publ) ST:SDIP-B	$912.66 Million
Zhejiang Tongxing Technology Co. Ltd. A SHE:301252	$912.52 Million
NB Bancorp, Inc. Common Stock NASDAQ:NBBK	$912.20 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: 4.92x
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 2.63x to 4.92x 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¥26.61	x
2018-12-31	CN¥10.39	CN¥26.61	x
2019-12-31	CN¥11.25	CN¥26.61	x
2020-12-31	CN¥11.42	CN¥26.61	x
2021-12-31	CN¥10.93	CN¥26.61	x
2022-12-31	CN¥11.84	CN¥26.61	x
2023-12-31	CN¥7.07	CN¥26.61	x
2024-12-31	CN¥5.41	CN¥26.61	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: $3,379,780,318
Average return on equity (ROE) among peers: 10.39%

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	$912.97 Million
YOUZU Interactive Co Ltd (002174)	$71.56 Million	15.85%	0.70x	$1.47 Billion
Dalian Zeus Entertainment (002354)	$484.27 Million	5.47%	0.82x	$1.50 Billion
Kaiser China Holding Co Ltd (002425)	$1.05 Billion	3.56%	0.18x	$498.37 Million
Kingnet Network Co Ltd (002517)	$600.11 Million	10.42%	0.38x	$5.62 Billion
37 Interactive Entertainment Network Technology Group Co Ltd (002555)	$10.86 Billion	26.49%	0.33x	$6.94 Billion
Giant Network Group Co Ltd (002558)	$9.52 Billion	10.80%	0.14x	$9.29 Billion
Zhejiang Century Huatong Group Co Ltd (002602)	$1.59 Billion	5.88%	0.19x	$17.40 Billion
Shenzhen Zqgame (300052)	$896.71 Million	3.69%	0.04x	$449.47 Million
Hangzhou Shunwang Tech (300113)	$3.19 Billion	16.04%	0.25x	$2.53 Billion
Ourpalm (300315)	$5.53 Billion	5.73%	0.12x	$1.99 Billion

About Shenzhen Bingchuan Network Co Ltd

SHE:300533 China Electronic Gaming & Multimedia

Market Cap

$912.97 Million

CN¥6.24 Billion CNY

Market Cap Rank

#9510 Global

#2638 in China

Share Price

CN¥26.61

Change (1 day)

-4.00%

52-Week Range

CN¥23.11 - CN¥45.66

All Time High

CN¥69.75