Beijing LabTech Instruments Co Ltd (688056) - Net Assets
Based on the latest financial reports, Beijing LabTech Instruments Co Ltd (688056) has net assets worth CN¥813.44 Million CNY (≈ $119.03 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¥927.37 Million ≈ $135.70 Million USD) and total liabilities (CN¥113.93 Million ≈ $16.67 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. See Beijing LabTech Instruments Co Ltd (688056) balance sheet quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥813.44 Million |
| % of Total Assets | 87.71% |
| Annual Growth Rate | 16.84% |
| 5-Year Change | 3.03% |
| 10-Year Change | 250.14% |
| Growth Volatility | 35.19 |
Beijing LabTech Instruments Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Beijing LabTech Instruments Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Beijing LabTech Instruments Co Ltd.
Annual Net Assets for Beijing LabTech Instruments Co Ltd (2012–2025)
The table below shows the annual net assets of Beijing LabTech Instruments Co Ltd from 2012 to 2025. Also explore net asset momentum of Beijing LabTech Instruments Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥810.27 Million ≈ $118.57 Million |
-0.90% |
| 2024-12-31 | CN¥817.59 Million ≈ $119.64 Million |
-3.74% |
| 2023-12-31 | CN¥849.32 Million ≈ $124.28 Million |
+2.74% |
| 2022-12-31 | CN¥826.68 Million ≈ $120.97 Million |
+5.12% |
| 2021-12-31 | CN¥786.43 Million ≈ $115.08 Million |
+6.14% |
| 2020-12-31 | CN¥740.92 Million ≈ $108.42 Million |
+126.23% |
| 2019-12-31 | CN¥327.51 Million ≈ $47.93 Million |
+10.51% |
| 2018-12-31 | CN¥296.38 Million ≈ $43.37 Million |
+27.43% |
| 2017-12-31 | CN¥232.58 Million ≈ $34.03 Million |
+0.50% |
| 2016-12-31 | CN¥231.42 Million ≈ $33.86 Million |
+54.11% |
| 2014-12-31 | CN¥150.16 Million ≈ $21.97 Million |
+8.19% |
| 2013-12-31 | CN¥138.79 Million ≈ $20.31 Million |
+29.52% |
| 2012-12-31 | CN¥107.16 Million ≈ $15.68 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing LabTech Instruments 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 488.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥306.78 Million | 37.86% |
| Other Components | CN¥503.49 Million | 62.14% |
| Total Equity | CN¥810.27 Million | 100.00% |
Beijing LabTech Instruments Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing LabTech Instruments Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Firma Oponiarska DĘBICA SA
WAR:DBC
|
$398.11 Million |
|
Sublime China Information Co. Ltd. A
SHE:301299
|
$398.13 Million |
|
Samse SA
PA:SAMS
|
$398.15 Million |
|
Nanjing Textiles Import & Export Corp Ltd
SHG:600250
|
$398.21 Million |
|
Sungho Electronics Corp
KQ:043260
|
$397.74 Million |
|
Beijing Forever Technology Co Ltd
SHE:300365
|
$397.63 Million |
|
Heng Sheng Holding Group Limited
KQ:900270
|
$397.60 Million |
|
Henan Qingshuiyuan Technology Co Ltd
SHE:300437
|
$397.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing LabTech Instruments Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 817,588,631 to 810,271,118, a change of -7,317,513 (-0.9%).
- Net income of 39,380,000 contributed positively to equity growth.
- Dividend payments of 40,066,943 reduced retained earnings.
- Other comprehensive income decreased equity by 50,886,584.
- Other factors increased equity by 44,256,014.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥39.38 Million | +4.86% |
| Dividends Paid | CN¥40.07 Million | -4.94% |
| Other Comprehensive Income | CN¥-50.89 Million | -6.28% |
| Other Changes | CN¥44.26 Million | +5.46% |
| Total Change | CN¥- | -0.90% |
Book Value vs Market Value Analysis
This analysis compares Beijing LabTech Instruments 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: 3.32x
- 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 8.24x to 3.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥4.89 | CN¥40.31 | x |
| 2013-12-31 | CN¥3.43 | CN¥40.31 | x |
| 2014-12-31 | CN¥3.02 | CN¥40.31 | x |
| 2016-12-31 | CN¥4.63 | CN¥40.31 | x |
| 2017-12-31 | CN¥4.63 | CN¥40.31 | x |
| 2018-12-31 | CN¥5.93 | CN¥40.31 | x |
| 2019-12-31 | CN¥6.55 | CN¥40.31 | x |
| 2020-12-31 | CN¥13.28 | CN¥40.31 | x |
| 2021-12-31 | CN¥11.78 | CN¥40.31 | x |
| 2022-12-31 | CN¥12.41 | CN¥40.31 | x |
| 2023-12-31 | CN¥12.63 | CN¥40.31 | x |
| 2024-12-31 | CN¥12.32 | CN¥40.31 | x |
| 2025-12-31 | CN¥12.14 | CN¥40.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing LabTech Instruments 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): 4.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.79%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.15x
- Recent ROE (4.86%) is below the historical average (14.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 23.50% | 13.25% | 1.06x | 1.67x | CN¥14.38 Million |
| 2013 | 23.62% | 15.49% | 0.93x | 1.64x | CN¥18.90 Million |
| 2014 | 19.51% | 13.45% | 0.95x | 1.53x | CN¥14.29 Million |
| 2016 | 19.67% | 15.68% | 0.86x | 1.47x | CN¥22.38 Million |
| 2017 | 21.16% | 15.24% | 0.89x | 1.56x | CN¥25.88 Million |
| 2018 | 20.23% | 17.09% | 0.82x | 1.44x | CN¥30.25 Million |
| 2019 | 18.77% | 16.12% | 0.85x | 1.38x | CN¥28.65 Million |
| 2020 | 8.81% | 18.71% | 0.41x | 1.15x | CN¥-8.79 Million |
| 2021 | 8.83% | 18.82% | 0.41x | 1.13x | CN¥-9.23 Million |
| 2022 | 5.40% | 12.57% | 0.37x | 1.16x | CN¥-38.04 Million |
| 2023 | 3.25% | 6.63% | 0.41x | 1.18x | CN¥-57.37 Million |
| 2024 | 4.79% | 9.23% | 0.44x | 1.17x | CN¥-42.61 Million |
| 2025 | 4.86% | 9.79% | 0.43x | 1.15x | CN¥-41.65 Million |
Industry Comparison
This section compares Beijing LabTech Instruments Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $2,175,663,497
- Average return on equity (ROE) among peers: 1.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing LabTech Instruments Co Ltd (688056) | CN¥813.44 Million | 23.50% | 0.14x | $397.88 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $800.42 Million | 5.76% | 0.80x | $2.23 Billion |
| Oriental Times Media Corp (002175) | $1.13 Billion | -24.00% | 0.89x | $485.77 Million |
| Changchun UP Optotech Co Ltd (002338) | $1.47 Billion | 5.91% | 0.49x | $1.41 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $2.36 Billion | 5.50% | 0.29x | $908.86 Million |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $3.78 Billion | 6.41% | 1.21x | $803.87 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $4.96 Billion | -4.85% | 0.30x | $1.57 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $3.30 Billion | 1.77% | 0.25x | $7.57 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $726.11 Million | 9.95% | 0.28x | $708.05 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.59 Billion | 6.52% | 0.18x | $680.06 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $658.24 Million | 1.34% | 0.76x | $504.55 Million |
About Beijing LabTech Instruments Co Ltd
Beijing Labtech Instruments Co., Ltd. manufactures and supplies laboratory analytical products and solutions to laboratory industry worldwide. The company offers inductively coupled plasma spectrometers, atomic absorption spectrometer, atomic fluorescence spectrometer, fully automated iodine analyzer, and direct mercury analyzer; liquid chromatography system; and microplastics and elemental analy… Read more