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 Beken Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
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. See Beken Corp (603068) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Beken Corp (2014–2025)
The table below shows the annual net assets of Beken Corp from 2014 to 2025. For live valuation and market cap data, see market value of Beken Corp.
| 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 |
|---|---|
|
Suntar Environmental Technology Co
SHG:688101
|
$830.30 Million |
|
Barclays PLC
LSE:BARC
|
$830.45 Million |
|
Olema Pharmaceuticals Inc
NASDAQ:OLMA
|
$830.67 Million |
|
Ton Yi Industrial Corp
TW:9907
|
$830.85 Million |
|
Jiangsu High Hope International Group Corp
SHG:600981
|
$830.19 Million |
|
Satellogic V Inc
NASDAQ:SATL
|
$830.10 Million |
|
Amphastar P
NASDAQ:AMPH
|
$829.39 Million |
|
Hanwha Investment&Securities Co Ltd
KO:003530
|
$829.04 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: 3.31x
- 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 18.25x to 3.31x 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¥37.38 | x |
| 2015-12-31 | CN¥3.21 | CN¥37.38 | x |
| 2016-12-31 | CN¥2.51 | CN¥37.38 | x |
| 2017-12-31 | CN¥2.98 | CN¥37.38 | x |
| 2018-12-31 | CN¥4.17 | CN¥37.38 | x |
| 2019-12-31 | CN¥9.90 | CN¥37.38 | x |
| 2020-12-31 | CN¥14.36 | CN¥37.38 | x |
| 2021-12-31 | CN¥13.52 | CN¥37.38 | x |
| 2022-12-31 | CN¥11.95 | CN¥37.38 | x |
| 2023-12-31 | CN¥11.43 | CN¥37.38 | x |
| 2024-12-31 | CN¥10.82 | CN¥37.38 | x |
| 2025-12-31 | CN¥11.28 | CN¥37.38 | 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: $21,404,927,234
- Average return on equity (ROE) among peers: 44.10%
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 | $830.26 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.94 Million | 3.75% | 1.41x | $305.93 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $202.23 Million | 1.58% | 1.20x | $1.35 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $116.44 Million | -93.06% | 2.61x | $481.70 Million |
| CPT Technology Group Co Ltd (000536) | $52.05 Million | 490.89% | 0.65x | $1.46 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $5.53 Billion | 18.40% | 0.27x | $12.63 Billion |
| Xiamen Xindeco Ltd (000701) | $920.35 Million | 5.21% | 1.79x | $491.49 Million |
| BOE Technology Group Co Ltd (000725) | $197.80 Billion | 1.29% | 1.12x | $34.84 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $2.43 Billion | 3.50% | 0.53x | $4.85 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $5.48 Billion | 2.36% | 0.29x | $2.66 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.25 Billion | 7.05% | 0.10x | $4.23 Billion |
About Beken Corp
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