Beken Corp (603068) - Net Assets

Latest as of September 2025: CN¥1.67 Billion CNY ≈ $244.13 Million USD

Based on the latest financial reports, Beken Corp (603068) has net assets worth CN¥1.67 Billion CNY (≈ $244.13 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¥2.00 Billion ≈ $292.43 Million USD) and total liabilities (CN¥330.04 Million ≈ $48.30 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 asset resilience ratio of Beken Corp to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Beken Corp for the complete picture of this company's asset base.

Annual Net Assets for Beken Corp (2014–2024)

The table below shows the annual net assets of Beken Corp from 2014 to 2024. For live valuation and market cap data, see market value of Beken Corp.

Year	Net Assets	Change
2024-12-31	CN¥1.66 Billion ≈ $243.24 Million	-2.18%
2023-12-31	CN¥1.70 Billion ≈ $248.67 Million	-5.46%
2022-12-31	CN¥1.80 Billion ≈ $263.03 Million	-11.30%
2021-12-31	CN¥2.03 Billion ≈ $296.53 Million	+1.91%
2020-12-31	CN¥1.99 Billion ≈ $290.96 Million	+57.54%
2019-12-31	CN¥1.26 Billion ≈ $184.69 Million	+190.56%
2018-12-31	CN¥434.40 Million ≈ $63.57 Million	+40.06%
2017-12-31	CN¥310.15 Million ≈ $45.38 Million	+39.04%
2016-12-31	CN¥223.06 Million ≈ $32.64 Million	-21.81%
2015-12-31	CN¥285.28 Million ≈ $41.74 Million	+56.53%
2014-12-31	CN¥182.25 Million ≈ $26.67 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
Forward Industries Inc NASDAQ:FORD	$788.51 Million
Zhejiang Reclaim Construction Group Co Ltd SHE:002586	$788.62 Million
Cresud SA BA:CRES	$788.67 Million
Yoantion Industrial Inc.Ltd. SHE:301053	$788.72 Million
Liaoning Fu-An SHG:603315	$788.05 Million
Sichuan Mingxing Electric Power Co Ltd SHG:600101	$787.26 Million
China Catalyst Holding Co. Ltd. A SHG:688267	$787.17 Million
Hainan Haiqi Transportation Group Co Ltd SHG:603069	$787.02 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 24,724,848 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 54,326,536.

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: 3.28x
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 17.32x to 3.28x 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¥35.48	x
2015-12-31	CN¥3.21	CN¥35.48	x
2016-12-31	CN¥2.51	CN¥35.48	x
2017-12-31	CN¥2.98	CN¥35.48	x
2018-12-31	CN¥4.17	CN¥35.48	x
2019-12-31	CN¥9.90	CN¥35.48	x
2020-12-31	CN¥14.36	CN¥35.48	x
2021-12-31	CN¥13.52	CN¥35.48	x
2022-12-31	CN¥11.95	CN¥35.48	x
2023-12-31	CN¥11.43	CN¥35.48	x
2024-12-31	CN¥10.82	CN¥35.48	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 (16.08%), 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	-13.23%	-33.38%	0.35x	1.12x	CN¥-418.05 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: $2,959,429,291
Average return on equity (ROE) among peers: 10.19%

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	$788.06 Million
Shenzhen Zhongheng Huafa Co Ltd Class A (000020)	$266.56 Million	3.44%	1.72x	$423.10 Million
Shenzhen Desay Battery Technology Co Ltd (000049)	$2.86 Billion	17.55%	2.07x	$1.63 Billion
Shenzhen Huakong Seg Co Ltd (000068)	$1.09 Billion	2.98%	1.57x	$483.17 Million
CPT Technology Group Co Ltd (000536)	$3.32 Billion	10.43%	0.37x	$1.59 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636)	$6.06 Billion	5.92%	0.45x	$4.25 Billion
Xiamen Xindeco Ltd (000701)	$217.53 Million	0.00%	0.71x	$586.43 Million
BOE Technology Group Co Ltd (000725)	$466.65 Million	21.84%	0.74x	$21.70 Billion
China Zhenhua Group Science & Technology Co Ltd (000733)	$9.75 Billion	24.43%	0.39x	$3.46 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970)	$4.17 Billion	8.18%	0.30x	$2.15 Billion
Guizhou Space Appliance Co Ltd (002025)	$1.38 Billion	7.09%	0.20x	$4.88 Billion

About Beken Corp

SHG:603068 China Electronic Components

Market Cap

$788.06 Million

CN¥5.39 Billion CNY

Market Cap Rank

#10234 Global

#2946 in China

Share Price

CN¥35.48

Change (1 day)

+3.71%

52-Week Range

CN¥30.31 - CN¥47.93

All Time High

CN¥141.23