Shenzhen Bestek Technology Co Ltd

SHE:300822 China Electrical Equipment & Parts
Market Cap
$656.00 Million
CN¥4.81 Billion CNY
Market Cap Rank
#15938 Global
#4247 in China
Share Price
CN¥15.45
Change (1 day)
-0.58%
52-Week Range
CN¥15.04 - CN¥22.45
All Time High
CN¥34.20
About

Shenzhen Bestek Technology Co., Ltd. engages in the research and development, manufacture, and sale of intelligent controllers and intelligent products in China and internationally. Its products include motor controllers, lithium battery controllers, smart home controllers, and automotive motor controllers; and smart lighting, smart security, floor care and cleaning tools, smart home, and smart p… Read more

Shenzhen Bestek Technology Co Ltd (300822) - Net Assets

Latest net assets as of September 2025: CN¥1.24 Billion CNY

Based on the latest financial reports, Shenzhen Bestek Technology Co Ltd (300822) has net assets worth CN¥1.24 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¥1.55 Billion) and total liabilities (CN¥304.40 Million). 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¥1.24 Billion
% of Total Assets 80.34%
Annual Growth Rate 31.45%
5-Year Change 10.61%
10-Year Change N/A
Growth Volatility 46.13

Shenzhen Bestek Technology Co Ltd - Net Assets Trend (2016–2024)

This chart illustrates how Shenzhen Bestek Technology 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 Bestek Technology Co Ltd (2016–2024)

The table below shows the annual net assets of Shenzhen Bestek Technology Co Ltd from 2016 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.26 Billion -0.46%
2023-12-31 CN¥1.27 Billion +2.62%
2022-12-31 CN¥1.23 Billion +1.75%
2021-12-31 CN¥1.21 Billion +6.41%
2020-12-31 CN¥1.14 Billion +145.47%
2019-12-31 CN¥464.26 Million +45.25%
2018-12-31 CN¥319.63 Million +44.71%
2017-12-31 CN¥220.88 Million +56.24%
2016-12-31 CN¥141.37 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Bestek Technology 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 281.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥401.71 Million 31.76%
Common Stock CN¥311.54 Million 24.63%
Other Comprehensive Income CN¥65.50 Million 5.18%
Other Components CN¥486.15 Million 38.43%
Total Equity CN¥1.26 Billion 100.00%

Shenzhen Bestek Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Bestek Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Bestek Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,258,933,090 to 1,264,899,466, a change of 5,966,376 (0.5%).
  • Net income of 55,251,648 contributed positively to equity growth.
  • Dividend payments of 23,842,900 reduced retained earnings.
  • Share repurchases of 15,046,514 reduced equity.
  • Other comprehensive income increased equity by 799,549.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥55.25 Million +4.37%
Dividends Paid CN¥23.84 Million -1.88%
Share Repurchases CN¥15.05 Million -1.19%
Other Comprehensive Income CN¥799.55K +0.06%
Other Changes CN¥-11.20 Million -0.89%
Total Change CN¥- 0.47%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Bestek Technology 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: 3.79x
  • 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 17.77x to 3.79x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 CN¥0.87 CN¥15.45 x
2017-12-31 CN¥1.36 CN¥15.45 x
2018-12-31 CN¥1.77 CN¥15.45 x
2019-12-31 CN¥1.93 CN¥15.45 x
2020-12-31 CN¥4.75 CN¥15.45 x
2021-12-31 CN¥5.05 CN¥15.45 x
2022-12-31 CN¥5.15 CN¥15.45 x
2023-12-31 CN¥4.03 CN¥15.45 x
2024-12-31 CN¥4.08 CN¥15.45 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Bestek Technology 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): 4.37%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.49%
  • • Asset Turnover: 0.54x
  • • Equity Multiplier: 1.24x
  • Recent ROE (4.37%) is below the historical average (17.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 42.03% 18.18% 1.51x 1.54x CN¥45.28 Million
2017 19.63% 9.17% 1.33x 1.61x CN¥21.27 Million
2018 30.80% 17.62% 1.19x 1.47x CN¥66.48 Million
2019 31.11% 19.60% 1.17x 1.36x CN¥98.00 Million
2020 14.84% 19.09% 0.59x 1.32x CN¥55.15 Million
2021 10.50% 11.78% 0.67x 1.34x CN¥6.11 Million
2022 3.67% 4.57% 0.63x 1.27x CN¥-78.15 Million
2023 3.78% 5.49% 0.56x 1.24x CN¥-78.29 Million
2024 4.37% 6.49% 0.54x 1.24x CN¥-71.24 Million

Industry Comparison

This section compares Shenzhen Bestek Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $2,399,685,798
  • Average return on equity (ROE) among peers: -30.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Bestek Technology Co Ltd (300822) CN¥1.24 Billion 42.03% 0.24x $167.38 Million
XJ Electric Co Ltd (000400) $11.69 Billion 8.60% 0.87x $2.50 Billion
Guangdong Macro Co Ltd (000533) $259.29 Million -377.39% 9.44x $880.32 Million
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $1.31 Billion 8.55% 0.86x $364.23 Million
Huagong Tech Co Ltd (000988) $3.01 Billion 5.01% 0.66x $9.70 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $1.62 Billion 6.74% 1.87x $855.32 Million
Shijiazhuang Shangtai Technology Co. Ltd. A (001301) $1.35 Billion 11.31% 0.12x $1.62 Billion
Guangdong Xinyaguang Cable Co (001382) $804.28 Million 11.99% 1.13x $201.71 Million
Sieyuan Electric Co Ltd (002028) $3.44 Billion 10.09% 0.45x $14.61 Billion
Shanghai Welltech Automation Co Ltd (002058) $186.07 Million 7.07% 0.22x $217.00 Million
Gotion High tech Co Ltd (002074) $324.01 Million 7.87% 0.45x $5.08 Billion