Shenzhen Bluetrum Technology Co. Ltd. A (688332) - Net Assets
Based on the latest financial reports, Shenzhen Bluetrum Technology Co. Ltd. A (688332) has net assets worth CN¥4.03 Billion CNY (≈ $589.13 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¥4.66 Billion ≈ $681.40 Million USD) and total liabilities (CN¥630.58 Million ≈ $92.27 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 Shenzhen Bluetrum Technology Co. Ltd. A (688332) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.03 Billion |
| % of Total Assets | 86.46% |
| Annual Growth Rate | 56.33% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 126.87 |
Shenzhen Bluetrum Technology Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Shenzhen Bluetrum Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Bluetrum Technology Co. Ltd. A (688332) total assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Bluetrum Technology Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Shenzhen Bluetrum Technology Co. Ltd. A from 2020 to 2024. For live valuation and market cap data, see how much is Shenzhen Bluetrum Technology Co. Ltd. A worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.00 Billion ≈ $585.74 Million |
+6.09% |
| 2023-12-31 | CN¥3.77 Billion ≈ $552.10 Million |
+6.41% |
| 2022-12-31 | CN¥3.55 Billion ≈ $518.83 Million |
+306.35% |
| 2021-12-31 | CN¥872.55 Million ≈ $127.68 Million |
+30.18% |
| 2020-12-31 | CN¥670.26 Million ≈ $98.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Bluetrum Technology Co. Ltd. A'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 221.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥907.16 Million | 22.73% |
| Other Components | CN¥3.08 Billion | 77.27% |
| Total Equity | CN¥3.99 Billion | 100.00% |
Shenzhen Bluetrum Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shenzhen Bluetrum Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fujian Snowman Co Ltd
SHE:002639
|
$2.00 Billion |
|
Scientech Corp
TW:3583
|
$2.00 Billion |
|
Ratnamani Metals & Tubes Limited
NSE:RATNAMANI
|
$2.00 Billion |
|
Innergex Renewable Energy Inc.
TO:INE
|
$2.01 Billion |
|
Dunelm Group plc
F:DFQ
|
$2.00 Billion |
|
Ningbo Tip Rubber Technology Co Ltd
SHG:605255
|
$2.00 Billion |
|
Sinosoft Co Ltd
SHG:603927
|
$2.00 Billion |
|
Establishment Labs Holdings Inc
NASDAQ:ESTA
|
$2.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Bluetrum Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,763,210,449 to 3,990,491,813, a change of 227,281,364 (6.0%).
- Net income of 300,097,932 contributed positively to equity growth.
- Dividend payments of 118,899,135 reduced retained earnings.
- Other factors increased equity by 46,082,567.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥300.10 Million | +7.52% |
| Dividends Paid | CN¥118.90 Million | -2.98% |
| Other Changes | CN¥46.08 Million | +1.15% |
| Total Change | CN¥- | 6.04% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Bluetrum Technology Co. Ltd. A'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: 3.42x
- 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 15.24x to 3.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥7.45 | CN¥113.50 | x |
| 2021-12-31 | CN¥9.69 | CN¥113.50 | x |
| 2022-12-31 | CN¥29.55 | CN¥113.50 | x |
| 2023-12-31 | CN¥31.36 | CN¥113.50 | x |
| 2024-12-31 | CN¥33.17 | CN¥113.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Bluetrum Technology Co. Ltd. A 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): 7.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.50%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.14x
- Recent ROE (7.52%) is below the historical average (15.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 32.13% | 23.24% | 1.20x | 1.15x | CN¥148.35 Million |
| 2021 | 26.29% | 20.41% | 1.17x | 1.10x | CN¥142.11 Million |
| 2022 | 3.97% | 13.05% | 0.29x | 1.05x | CN¥-213.66 Million |
| 2023 | 6.69% | 17.40% | 0.30x | 1.28x | CN¥-124.63 Million |
| 2024 | 7.52% | 16.50% | 0.40x | 1.14x | CN¥-98.95 Million |
Industry Comparison
This section compares Shenzhen Bluetrum Technology Co. Ltd. A's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $813,547,571
- Average return on equity (ROE) among peers: 6.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Bluetrum Technology Co. Ltd. A (688332) | CN¥4.03 Billion | 32.13% | 0.16x | $2.00 Billion |
| UniTTEC Co Ltd (000925) | $-283.11 Million | 0.00% | 0.00x | $909.57 Million |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $4.97 Billion | 16.23% | 0.54x | $9.61 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $245.66 Million | 4.18% | 0.78x | $1.06 Billion |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $445.12 Million | 7.09% | 0.19x | $1.39 Billion |
| Ningbo Kangqiang Electronics Co Ltd (002119) | $971.20 Million | 9.05% | 0.88x | $1.15 Billion |
| Tianjin Printronics Circuit Corp (002134) | $570.60 Million | 1.71% | 0.43x | $913.46 Million |
| Tatwah Smartech Co Ltd (002512) | $62.81 Million | 31.91% | 1.29x | $701.64 Million |
| Chutian Dragon Co Ltd (003040) | $1.05 Billion | 9.94% | 0.54x | $998.01 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $21.30 Million | -40.30% | 16.97x | $81.27 Million |
| Nations Technologies Inc (300077) | $85.20 Million | 28.31% | 0.96x | $1.97 Billion |
About Shenzhen Bluetrum Technology Co. Ltd. A
Shenzhen Bluetrum Technology Co., Ltd. engages in the research and development, design, and sale of wireless audio SOC chips in China. The company's products include TWS Bluetooth headset chips, non-TWS Bluetooth headset chips, bluetooth speaker chips, bluetooth earphone chips, smart wearable device chips, wireless microphone chips, digital audio chips, IoT chip, speech recognition chip, toy voic… Read more