Shenzhen Bestek Technology Co Ltd (300822) - Net Assets
Based on the latest financial reports, Shenzhen Bestek Technology Co Ltd (300822) has net assets worth CN¥1.24 Billion CNY (≈ $182.03 Million USD) 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 ≈ $226.57 Million USD) and total liabilities (CN¥304.40 Million ≈ $44.54 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 Shenzhen Bestek Technology Co Ltd (300822) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore 300822 total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 300822 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.26 Billion ≈ $184.46 Million |
-0.46% |
| 2023-12-31 | CN¥1.27 Billion ≈ $185.30 Million |
+2.62% |
| 2022-12-31 | CN¥1.23 Billion ≈ $180.56 Million |
+1.75% |
| 2021-12-31 | CN¥1.21 Billion ≈ $177.46 Million |
+6.41% |
| 2020-12-31 | CN¥1.14 Billion ≈ $166.76 Million |
+145.47% |
| 2019-12-31 | CN¥464.26 Million ≈ $67.94 Million |
+45.25% |
| 2018-12-31 | CN¥319.63 Million ≈ $46.77 Million |
+44.71% |
| 2017-12-31 | CN¥220.88 Million ≈ $32.32 Million |
+56.24% |
| 2016-12-31 | CN¥141.37 Million ≈ $20.69 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.
| Company | Market Cap |
|---|---|
|
Guangzhou Haoyang Electronic Co Ltd
SHE:300833
|
$690.78 Million |
|
Shandong Binzhou Bohai Piston Co Ltd
SHG:600960
|
$691.28 Million |
|
Jinxiandai Information Industry Co
SHE:300830
|
$691.29 Million |
|
Cannae Holdings Inc
NYSE:CNNE
|
$691.40 Million |
|
Independent Bank Corporation
NASDAQ:IBCP
|
$690.65 Million |
|
Lexicon Pharmaceuticals Inc
NASDAQ:LXRX
|
$690.60 Million |
|
Beijing Fengshangshiji Culture Medi
SHE:300860
|
$690.51 Million |
|
Shenzhen Expressway Company Limited
F:SHZH
|
$690.39 Million |
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: 3.72x
- 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 17.42x to 3.72x 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¥15.15 | x |
| 2017-12-31 | CN¥1.36 | CN¥15.15 | x |
| 2018-12-31 | CN¥1.77 | CN¥15.15 | x |
| 2019-12-31 | CN¥1.93 | CN¥15.15 | x |
| 2020-12-31 | CN¥4.75 | CN¥15.15 | x |
| 2021-12-31 | CN¥5.05 | CN¥15.15 | x |
| 2022-12-31 | CN¥5.15 | CN¥15.15 | x |
| 2023-12-31 | CN¥4.03 | CN¥15.15 | x |
| 2024-12-31 | CN¥4.08 | CN¥15.15 | 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: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
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 | $690.65 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Shenzhen Bestek Technology Co Ltd
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