Beken Corp (603068) - Net Assets
Based on the latest financial reports, Beken Corp (603068) has net assets worth CN¥1.74 Billion CNY (≈ $254.75 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.12 Billion ≈ $310.00 Million USD) and total liabilities (CN¥377.58 Million ≈ $55.25 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 603068 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.74 Billion |
| % of Total Assets | 82.18% |
| Annual Growth Rate | 22.38% |
| 5-Year Change | -17.07% |
| 10-Year Change | 653.4% |
| Growth Volatility | 56.97 |
Beken Corp - Net Assets Trend (2014–2025)
This chart illustrates how Beken Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 603068 market cap overview.
Annual Net Assets for Beken Corp (2014–2025)
The table below shows the annual net assets of Beken Corp from 2014 to 2025. Also explore 603068 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.68 Billion ≈ $245.92 Million |
+1.10% |
| 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 |
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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 93.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥8.14 Million | 0.48% |
| Other Components | CN¥1.69 Billion | 99.52% |
| Total Equity | CN¥1.70 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 |
|---|---|
|
Lenzing Aktiengesellschaft
VI:LNZ
|
$884.36 Million |
|
Jiangxi Huangshanghuang Group Food Co Ltd
SHE:002695
|
$884.36 Million |
|
Cementos Pacasmayo SAA ADR
NYSE:CPAC
|
$884.47 Million |
|
Ningbo Dechang Electrical Machinery Made Co Ltd
SHG:605555
|
$884.72 Million |
|
PYC Therapeutics Ltd
AU:PYC
|
$883.94 Million |
|
Guangdong Lyric Robot Automation Co Ltd
SHG:688499
|
$883.91 Million |
|
CNB Financial Corporation
NASDAQ:CCNE
|
$883.70 Million |
|
Nufarm Ltd
AU:NUF
|
$883.63 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 2024 to 2025, total equity changed from 1,672,564,735 to 1,696,197,053, a change of 23,632,318 (1.4%).
- Net income of 22,237,836 contributed positively to equity growth.
- Dividend payments of 1,945,976 reduced retained earnings.
- Other comprehensive income decreased equity by 56,028,574.
- Other factors increased equity by 59,369,031.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥22.24 Million | +1.31% |
| Dividends Paid | CN¥1.95 Million | -0.11% |
| Other Comprehensive Income | CN¥-56.03 Million | -3.3% |
| Other Changes | CN¥59.37 Million | +3.5% |
| Total Change | CN¥- | 1.41% |
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: 3.53x
- 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 19.44x to 3.53x 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¥39.81 | x |
| 2015-12-31 | CN¥3.21 | CN¥39.81 | x |
| 2016-12-31 | CN¥2.51 | CN¥39.81 | x |
| 2017-12-31 | CN¥2.98 | CN¥39.81 | x |
| 2018-12-31 | CN¥4.17 | CN¥39.81 | x |
| 2019-12-31 | CN¥9.90 | CN¥39.81 | x |
| 2020-12-31 | CN¥14.36 | CN¥39.81 | x |
| 2021-12-31 | CN¥13.52 | CN¥39.81 | x |
| 2022-12-31 | CN¥11.95 | CN¥39.81 | x |
| 2023-12-31 | CN¥11.43 | CN¥39.81 | x |
| 2024-12-31 | CN¥10.82 | CN¥39.81 | x |
| 2025-12-31 | CN¥11.28 | CN¥39.81 | 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): 1.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.42%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.16x
- Recent ROE (1.31%) is below the historical average (14.85%), 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 |
| 2025 | 1.31% | 2.42% | 0.47x | 1.16x | CN¥-147.38 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: $21,793,594,840
- Average return on equity (ROE) among peers: 5.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beken Corp (603068) | CN¥1.74 Billion | 36.27% | 0.22x | $884.23 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.58 Million | -2.80% | 0.72x | $343.57 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $203.00 Million | 7.45% | 1.27x | $1.25 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.48 Billion | 6.33% | 0.88x | $475.80 Million |
| CPT Technology Group Co Ltd (000536) | $3.66 Billion | 10.45% | 1.63x | $1.42 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $2.23 Billion | 1.92% | 0.29x | $9.85 Billion |
| Xiamen Xindeco Ltd (000701) | $559.37 Million | 5.77% | 1.77x | $511.27 Million |
| BOE Technology Group Co Ltd (000725) | $204.55 Billion | 2.60% | 1.10x | $31.49 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $1.19 Billion | 5.98% | 0.43x | $3.32 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $1.20 Billion | 11.77% | 0.91x | $2.04 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $2.59 Billion | 10.09% | 0.44x | $4.93 Billion |
About Beken Corp
Beken Corporation engages in the research, development, and sale of wireless communication integrated circuit chips in China and internationally. It offers wireless data transmission products, including independent radio frequency receivers and transmitters; wireless microcontrollers with integrated microprocessors (MCUs); and an electronic toll collection (ETC) chip compliant with national stand… Read more