Beken Corp

SHG:603068 China Electronic Components
Market Cap
$700.26 Million
CN¥5.14 Billion CNY
Market Cap Rank
#11085 Global
#2557 in China
Share Price
CN¥33.85
Change (1 day)
-0.97%
52-Week Range
CN¥28.61 - CN¥47.93
All Time High
CN¥141.23
Categories
Companies in China Electronic Components Technology AI & Machine Learning
About

Beken Corporation engages in the manufacture and sale of wireless communication products in China and internationally. The company offers wireless data transmission products, including Wi-Fi and bluetooth data transmission, proprietary wireless data, and national standard electronic toll collection; wireless audio products comprising Wi-Fi audio and video, bluetooth audio, walkie-talkie, digital … Read more

Beken Corp (603068) - Net Assets

Latest net assets as of September 2025: CN¥1.67 Billion CNY

Based on the latest financial reports, Beken Corp (603068) has net assets worth CN¥1.67 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¥2.00 Billion) and total liabilities (CN¥330.04 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¥1.67 Billion
% of Total Assets 83.48%
Annual Growth Rate 24.74%
5-Year Change -16.4%
10-Year Change 482.69%
Growth Volatility 58.9

Beken Corp - Net Assets Trend (2014–2024)

This chart illustrates how Beken Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Beken Corp (2014–2024)

The table below shows the annual net assets of Beken Corp from 2014 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.66 Billion -2.18%
2023-12-31 CN¥1.70 Billion -5.46%
2022-12-31 CN¥1.80 Billion -11.30%
2021-12-31 CN¥2.03 Billion +1.91%
2020-12-31 CN¥1.99 Billion +57.54%
2019-12-31 CN¥1.26 Billion +190.56%
2018-12-31 CN¥434.40 Million +40.06%
2017-12-31 CN¥310.15 Million +39.04%
2016-12-31 CN¥223.06 Million -21.81%
2015-12-31 CN¥285.28 Million +56.53%
2014-12-31 CN¥182.25 Million --

Equity Component Analysis

This analysis shows how different components contribute to Beken Corp'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 decreased by 106.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥150.42 Million 8.99%
Other Comprehensive Income CN¥56.03 Million 3.35%
Other Components CN¥1.47 Billion 88.12%
Total Equity CN¥1.67 Billion 100.00%

Beken Corp Competitors by Market Cap

The table below lists competitors of Beken Corp ranked by their market capitalization.

Company Market Cap
Guangxi Wuzhou Communications Co Ltd
SHG:600368
 		$423.86 Million
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
 		$423.89 Million
Raisio Oyj Vaihto-osake
HE:RAIVV
 		$424.10 Million
Raisecom Technology Co Ltd
SHG:603803
 		$424.28 Million
ICHOR HLDGS LTD DL-0001
F:4IH
 		$423.53 Million
Hiecise Precision Equipment Co Ltd
SHE:300809
 		$423.53 Million
Regencell Bioscience Holdings Ltd
NASDAQ:RGC
 		$423.44 Million
Vina Concha To
SN:CONCHATORO
 		$423.33 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Beken Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,706,082,791 to 1,672,564,735, a change of -33,518,056 (-2.0%).
  • Net loss of 24,724,855 reduced equity.
  • Dividend payments of 10,495,246 reduced retained earnings.
  • Other comprehensive income increased equity by 56,028,574.
  • Other factors decreased equity by 54,326,529.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-24.72 Million -1.48%
Dividends Paid CN¥10.50 Million -0.63%
Other Comprehensive Income CN¥56.03 Million +3.35%
Other Changes CN¥-54.33 Million -3.25%
Total Change CN¥- -1.96%

Book Value vs Market Value Analysis

This analysis compares Beken Corp'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: 3.13x
  • 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 16.53x to 3.13x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 CN¥2.05 CN¥33.85 x
2015-12-31 CN¥3.21 CN¥33.85 x
2016-12-31 CN¥2.34 CN¥33.85 x
2017-12-31 CN¥2.98 CN¥33.85 x
2018-12-31 CN¥4.17 CN¥33.85 x
2019-12-31 CN¥9.10 CN¥33.85 x
2020-12-31 CN¥13.22 CN¥33.85 x
2021-12-31 CN¥13.47 CN¥33.85 x
2022-12-31 CN¥11.97 CN¥33.85 x
2023-12-31 CN¥11.43 CN¥33.85 x
2024-12-31 CN¥10.82 CN¥33.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beken Corp 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): -1.48%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.99%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 1.15x
  • Recent ROE (-1.48%) is below the historical average (16.06%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 36.27% 18.01% 1.16x 1.73x CN¥47.88 Million
2015 32.90% 21.15% 1.18x 1.32x CN¥65.32 Million
2016 46.68% 19.88% 0.95x 2.46x CN¥81.81 Million
2017 28.19% 15.47% 1.46x 1.24x CN¥56.41 Million
2018 28.52% 22.69% 1.02x 1.24x CN¥80.47 Million
2019 19.99% 21.49% 0.73x 1.27x CN¥126.15 Million
2020 1.67% 4.11% 0.37x 1.10x CN¥-165.62 Million
2021 2.89% 5.34% 0.47x 1.15x CN¥-144.18 Million
2022 -13.41% -33.84% 0.35x 1.12x CN¥-421.37 Million
2023 -5.51% -13.35% 0.37x 1.13x CN¥-264.64 Million
2024 -1.48% -2.99% 0.43x 1.15x CN¥-191.98 Million

Industry Comparison

This section compares Beken Corp's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $2,729,724,236
  • Average return on equity (ROE) among peers: 9.55%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Beken Corp (603068) CN¥1.67 Billion 36.27% 0.20x $423.58 Million
Shenzhen Zhongheng Huafa Co Ltd Class A (000020) $232.24 Million -19.09% 0.85x $268.56 Million
Shenzhen Desay Battery Technology Co Ltd (000049) $2.26 Billion 17.72% 2.90x $768.09 Million
CPT Technology Group Co Ltd (000536) $-18.89 Million 0.00% 0.00x $1.06 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) $12.01 Billion 2.72% 0.32x $2.22 Billion
Xiamen Xindeco Ltd (000701) $796.35 Million 5.67% 2.04x $315.64 Million
BOE Technology Group Co Ltd (000725) $5.52 Billion 12.51% 1.42x $20.18 Billion
China Zhenhua Group Science & Technology Co Ltd (000733) $5.38 Billion 5.53% 0.63x $2.54 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) $451.00 Million 7.52% 0.67x $1.39 Billion
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) $389.14 Million 20.02% 1.72x $174.91 Million
Shanghai Smart Control Co. Ltd. (001266) $268.16 Million 42.89% 0.50x $149.46 Million