Beijing Bayi Space LCD Technology Co Ltd (688181) - Net Assets
Based on the latest financial reports, Beijing Bayi Space LCD Technology Co Ltd (688181) has net assets worth CN¥2.07 Billion CNY (≈ $302.61 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¥3.17 Billion ≈ $463.60 Million USD) and total liabilities (CN¥1.10 Billion ≈ $160.99 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 financial resilience of Beijing Bayi Space LCD Technology Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.07 Billion |
| % of Total Assets | 65.27% |
| Annual Growth Rate | 36.43% |
| 5-Year Change | 24.29% |
| 10-Year Change | N/A |
| Growth Volatility | 68.84 |
Beijing Bayi Space LCD Technology Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Beijing Bayi Space LCD Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Beijing Bayi Space LCD Technology Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Beijing Bayi Space LCD Technology Co Ltd (2016–2024)
The table below shows the annual net assets of Beijing Bayi Space LCD Technology Co Ltd from 2016 to 2024. For live valuation and market cap data, see 688181 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.10 Billion ≈ $306.96 Million |
+0.60% |
| 2023-12-31 | CN¥2.09 Billion ≈ $305.14 Million |
+4.70% |
| 2022-12-31 | CN¥1.99 Billion ≈ $291.43 Million |
+8.43% |
| 2021-12-31 | CN¥1.84 Billion ≈ $268.76 Million |
+8.83% |
| 2020-12-31 | CN¥1.69 Billion ≈ $246.96 Million |
+8.75% |
| 2019-12-31 | CN¥1.55 Billion ≈ $227.10 Million |
+189.47% |
| 2018-12-31 | CN¥536.13 Million ≈ $78.45 Million |
+27.15% |
| 2017-12-31 | CN¥421.64 Million ≈ $61.70 Million |
+141.30% |
| 2016-12-31 | CN¥174.74 Million ≈ $25.57 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Bayi Space LCD Technology 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 1988.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥814.04 Million | 39.03% |
| Other Components | CN¥1.27 Billion | 60.97% |
| Total Equity | CN¥2.09 Billion | 100.00% |
Beijing Bayi Space LCD Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Bayi Space LCD Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Materials Analysis Technology
TWO:3587
|
$700.15 Million |
|
Shandong Realcan Pharmaceutical Co Ltd
SHE:002589
|
$700.19 Million |
|
Kingfa Science & Technology (India) Limited
NSE:KINGFA
|
$700.39 Million |
|
PSI Software AG
F:PSAN
|
$700.76 Million |
|
CSB Bank Limited
NSE:CSBBANK
|
$699.76 Million |
|
Collins Foods Ltd
AU:CKF
|
$699.64 Million |
|
Basilea Pharmaceutica AG
SW:BSLN
|
$699.48 Million |
|
Fidus Investment Corp
NASDAQ:FDUS
|
$699.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Bayi Space LCD Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,070,704,075 to 2,085,690,401, a change of 14,986,326 (0.7%).
- Net income of 76,603,858 contributed positively to equity growth.
- Dividend payments of 18,938,248 reduced retained earnings.
- Other factors decreased equity by 42,679,285.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥76.60 Million | +3.67% |
| Dividends Paid | CN¥18.94 Million | -0.91% |
| Other Changes | CN¥-42.68 Million | -2.05% |
| Total Change | CN¥- | 0.72% |
Book Value vs Market Value Analysis
This analysis compares Beijing Bayi Space LCD Technology 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 6.10x 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 |
|---|---|---|---|
| 2017-12-31 | CN¥5.83 | CN¥35.57 | x |
| 2018-12-31 | CN¥7.41 | CN¥35.57 | x |
| 2019-12-31 | CN¥16.09 | CN¥35.57 | x |
| 2020-12-31 | CN¥17.49 | CN¥35.57 | x |
| 2021-12-31 | CN¥19.04 | CN¥35.57 | x |
| 2022-12-31 | CN¥20.64 | CN¥35.57 | x |
| 2023-12-31 | CN¥15.40 | CN¥35.57 | x |
| 2024-12-31 | CN¥15.51 | CN¥35.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Bayi Space LCD Technology 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): 3.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.39%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.40x
- Recent ROE (3.67%) is below the historical average (10.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.62% | 12.68% | 0.35x | 2.17x | CN¥-665.56K |
| 2017 | 12.65% | 23.12% | 0.39x | 1.40x | CN¥11.18 Million |
| 2018 | 21.35% | 29.06% | 0.58x | 1.26x | CN¥60.88 Million |
| 2019 | 7.11% | 25.62% | 0.25x | 1.12x | CN¥-44.92 Million |
| 2020 | 10.10% | 26.28% | 0.33x | 1.15x | CN¥1.70 Million |
| 2021 | 11.25% | 23.31% | 0.41x | 1.17x | CN¥23.04 Million |
| 2022 | 10.24% | 21.82% | 0.38x | 1.22x | CN¥4.74 Million |
| 2023 | 5.16% | 13.36% | 0.29x | 1.35x | CN¥-100.27 Million |
| 2024 | 3.67% | 10.39% | 0.25x | 1.40x | CN¥-131.97 Million |
Industry Comparison
This section compares Beijing Bayi Space LCD Technology Co Ltd'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 |
|---|---|---|---|---|
| Beijing Bayi Space LCD Technology Co Ltd (688181) | CN¥2.07 Billion | 9.62% | 0.53x | $699.98 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 Beijing Bayi Space LCD Technology Co Ltd
Beijing Bayi Space LCD Technology Co.,Ltd. researches, develops, produces, and sells display materials in China. It also offers semiconductor and pharmaceutical materials. The company also provides liquid crystal, polymer dispersed liquid crystal (PDLC) smart films, and organic electroluminescent materials (OLED); semiconductor materials includes photoresist resin materials and polyimide; and pha… Read more