Bestlink Tech Co Ltd (603206) - Net Assets
Based on the latest financial reports, Bestlink Tech Co Ltd (603206) has net assets worth CN¥2.29 Billion CNY (≈ $334.43 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.80 Billion ≈ $1.14 Billion USD) and total liabilities (CN¥5.51 Billion ≈ $806.90 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 Bestlink Tech Co Ltd (603206) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.29 Billion |
| % of Total Assets | 29.3% |
| Annual Growth Rate | 34.83% |
| 5-Year Change | 228.59% |
| 10-Year Change | N/A |
| Growth Volatility | 47.06 |
Bestlink Tech Co Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Bestlink Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 603206 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Bestlink Tech Co Ltd (2019–2024)
The table below shows the annual net assets of Bestlink Tech Co Ltd from 2019 to 2024. For live valuation and market cap data, see 603206 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.24 Billion ≈ $327.36 Million |
+1.55% |
| 2023-12-31 | CN¥2.20 Billion ≈ $322.36 Million |
+5.70% |
| 2022-12-31 | CN¥2.08 Billion ≈ $304.99 Million |
+131.38% |
| 2021-12-31 | CN¥900.79 Million ≈ $131.81 Million |
+32.31% |
| 2020-12-31 | CN¥680.83 Million ≈ $99.63 Million |
+35.68% |
| 2019-12-31 | CN¥501.78 Million ≈ $73.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bestlink Tech 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 361.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥569.65 Million | 25.74% |
| Other Components | CN¥1.64 Billion | 74.26% |
| Total Equity | CN¥2.21 Billion | 100.00% |
Bestlink Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Bestlink Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GS P&L CO LTD
KO:499790
|
$741.45 Million |
|
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782
|
$741.46 Million |
|
Luyin Investment Group Co Ltd
SHG:600784
|
$741.52 Million |
|
Controladora Vuela Compañía de Aviación S.A.B. de C.V
F:2CDA
|
$741.53 Million |
|
Greenfire Resources Ltd.
NYSE:GFR
|
$741.28 Million |
|
Citychamp Dartong Co Ltd
SHG:600067
|
$741.27 Million |
|
Shandong Luyang Share Co Ltd
SHE:002088
|
$741.10 Million |
|
Elec-Tech International Co Ltd
SHE:002005
|
$741.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bestlink Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,202,280,735 to 2,213,217,019, a change of 10,936,285 (0.5%).
- Net income of 69,405,960 contributed positively to equity growth.
- Dividend payments of 87,408,403 reduced retained earnings.
- Other factors increased equity by 28,938,728.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥69.41 Million | +3.14% |
| Dividends Paid | CN¥87.41 Million | -3.95% |
| Other Changes | CN¥28.94 Million | +1.31% |
| Total Change | CN¥- | 0.50% |
Book Value vs Market Value Analysis
This analysis compares Bestlink Tech 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: 2.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.57x to 2.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥2.19 | CN¥16.60 | x |
| 2020-12-31 | CN¥2.97 | CN¥16.60 | x |
| 2021-12-31 | CN¥3.94 | CN¥16.60 | x |
| 2022-12-31 | CN¥6.83 | CN¥16.60 | x |
| 2023-12-31 | CN¥7.22 | CN¥16.60 | x |
| 2024-12-31 | CN¥7.25 | CN¥16.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bestlink Tech 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): 3.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.55%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 3.24x
- Recent ROE (3.14%) is below the historical average (14.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 17.81% | 3.94% | 1.22x | 3.71x | CN¥39.17 Million |
| 2020 | 24.06% | 5.59% | 1.32x | 3.25x | CN¥95.58 Million |
| 2021 | 23.36% | 5.92% | 1.24x | 3.19x | CN¥120.32 Million |
| 2022 | 10.25% | 5.43% | 0.87x | 2.17x | CN¥5.12 Million |
| 2023 | 8.43% | 4.27% | 0.69x | 2.86x | CN¥-34.62 Million |
| 2024 | 3.14% | 1.55% | 0.62x | 3.24x | CN¥-151.92 Million |
Industry Comparison
This section compares Bestlink Tech Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,192,409,576
- Average return on equity (ROE) among peers: -56.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bestlink Tech Co Ltd (603206) | CN¥2.29 Billion | 17.81% | 2.41x | $741.36 Million |
| Digital China Group Co Ltd (000034) | $-806.39 Million | 0.00% | 0.00x | $4.00 Billion |
| ZJBC Information Technology Co Ltd (000889) | $338.44 Million | -592.41% | 3.36x | $605.58 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $516.76 Million | 0.60% | 0.37x | $826.70 Million |
| Guomai Technologies Inc (002093) | $1.28 Billion | 8.47% | 0.78x | $1.23 Billion |
| Shanghai HiTech Control System (002184) | $1.27 Billion | 1.14% | 0.70x | $601.98 Million |
| SZZT Electronics Co Ltd (002197) | $2.42 Billion | -9.95% | 1.15x | $723.70 Million |
| Talkweb Information System Co Ltd (002261) | $3.78 Billion | 5.60% | 0.12x | $6.53 Billion |
| Westone Information Industry Inc (002268) | $378.26 Million | 9.09% | 0.20x | $1.94 Billion |
| Taiji Computer Corp Ltd (002368) | $2.03 Billion | 9.66% | 1.05x | $1.57 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $715.73 Million | 7.66% | 0.70x | $771.75 Million |
About Bestlink Tech Co Ltd
Bestlink Technologies Co.,Ltd. provides information and communication technology services in China. The company offers network construction, network operation and maintenance, information and communication system software debugging, network optimization, ICT education and training, and intelligence services. It serves electric energy, transportation, smart home, smart campus, smart park, smart wa… Read more