Beijing Succeeder Technology Inc (688338) - Net Assets

Latest as of March 2026: CN¥1.71 Billion CNY ≈ $250.08 Million USD

Based on the latest financial reports, Beijing Succeeder Technology Inc (688338) has net assets worth CN¥1.71 Billion CNY (≈ $250.08 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¥1.78 Billion ≈ $260.19 Million USD) and total liabilities (CN¥69.11 Million ≈ $10.11 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 688338 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.71 Billion
% of Total Assets	96.11%
Annual Growth Rate	36.33%
5-Year Change	18.92%
10-Year Change	N/A
Growth Volatility	79.81

Beijing Succeeder Technology Inc - Net Assets Trend (2016–2025)

This chart illustrates how Beijing Succeeder Technology Inc's net assets have evolved over time, based on quarterly financial data. See 688338 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Beijing Succeeder Technology Inc (2016–2025)

The table below shows the annual net assets of Beijing Succeeder Technology Inc from 2016 to 2025. For live valuation and market cap data, see 688338 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥1.69 Billion ≈ $247.25 Million	+2.64%
2024-12-31	CN¥1.65 Billion ≈ $240.89 Million	+2.87%
2023-12-31	CN¥1.60 Billion ≈ $234.16 Million	+6.36%
2022-12-31	CN¥1.50 Billion ≈ $220.16 Million	+5.89%
2021-12-31	CN¥1.42 Billion ≈ $207.92 Million	+4.77%
2020-12-31	CN¥1.36 Billion ≈ $198.45 Million	+261.94%
2019-12-31	CN¥374.69 Million ≈ $54.83 Million	+91.51%
2018-12-31	CN¥195.65 Million ≈ $28.63 Million	+36.54%
2017-12-31	CN¥143.30 Million ≈ $20.97 Million	+37.94%
2016-12-31	CN¥103.89 Million ≈ $15.20 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Beijing Succeeder Technology Inc'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 1953.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥570.37 Million	33.75%
Other Components	CN¥1.12 Billion	66.25%
Total Equity	CN¥1.69 Billion	100.00%

Beijing Succeeder Technology Inc Competitors by Market Cap

The table below lists competitors of Beijing Succeeder Technology Inc ranked by their market capitalization.

Company	Market Cap
Shaanxi Jinye Science Technology and Education Group Co Ltd SHE:000812	$373.45 Million
Galan Lithium Ltd AU:GLN	$373.46 Million
TECSYS Inc. TO:TCS	$373.65 Million
Hanyang ENG Co. Ltd KQ:045100	$373.76 Million
TAIDOC TECHNOLOGY CORP TW:4736	$373.31 Million
Source Capital Closed Fund NYSE:SOR	$373.22 Million
Fiverr International Ltd NYSE:FVRR	$373.17 Million
Wuhan Sante Cableway Group Co Ltd SHE:002159	$372.83 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Beijing Succeeder Technology Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,646,270,295 to 1,689,836,702, a change of 43,566,407 (2.6%).
Net income of 87,143,189 contributed positively to equity growth.
Dividend payments of 34,310,082 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥87.14 Million	+5.16%
Dividends Paid	CN¥34.31 Million	-2.03%
Other Changes	CN¥-9.27 Million	-0.55%
Total Change	CN¥-	2.65%

Book Value vs Market Value Analysis

This analysis compares Beijing Succeeder Technology Inc'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: 1.48x
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 16.37x to 1.48x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	CN¥1.47	CN¥24.04	x
2017-12-31	CN¥1.95	CN¥24.04	x
2018-12-31	CN¥2.65	CN¥24.04	x
2019-12-31	CN¥3.53	CN¥24.04	x
2020-12-31	CN¥12.78	CN¥24.04	x
2021-12-31	CN¥13.39	CN¥24.04	x
2022-12-31	CN¥14.23	CN¥24.04	x
2023-12-31	CN¥15.08	CN¥24.04	x
2024-12-31	CN¥15.59	CN¥24.04	x
2025-12-31	CN¥16.25	CN¥24.04	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Succeeder Technology Inc 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): 5.16%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 33.05%
• Asset Turnover: 0.15x
• Equity Multiplier: 1.04x
Recent ROE (5.16%) is below the historical average (13.65%), 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	29.86%	24.74%	0.81x	1.49x	CN¥20.63 Million
2017	20.48%	18.73%	0.84x	1.30x	CN¥15.02 Million
2018	28.99%	28.34%	0.82x	1.24x	CN¥37.15 Million
2019	18.96%	30.95%	0.54x	1.14x	CN¥33.57 Million
2020	5.10%	31.11%	0.16x	1.03x	CN¥-66.43 Million
2021	6.85%	40.58%	0.16x	1.04x	CN¥-44.72 Million
2022	6.92%	45.50%	0.14x	1.07x	CN¥-46.34 Million
2023	7.31%	42.44%	0.16x	1.07x	CN¥-43.11 Million
2024	6.86%	36.94%	0.17x	1.06x	CN¥-51.63 Million
2025	5.16%	33.05%	0.15x	1.04x	CN¥-81.84 Million

Industry Comparison

This section compares Beijing Succeeder Technology Inc's net assets metrics with peer companies in the Medical Devices industry.

Industry Context

Industry: Medical Devices
Average net assets among peers: $3,442,122,104
Average return on equity (ROE) among peers: 12.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Beijing Succeeder Technology Inc (688338)	CN¥1.71 Billion	29.86%	0.04x	$373.39 Million
Shanghai Kehua Bio-Engineering Co Ltd (002022)	$4.98 Billion	-4.70%	0.37x	$371.06 Million
Jiangsu Yuyue Medical Equipment & Supply Co Ltd (002223)	$2.13 Billion	17.09%	0.37x	$3.63 Billion
Double Medical Technology Inc (002901)	$3.11 Billion	2.98%	0.27x	$2.56 Billion
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A (002932)	$6.77 Billion	62.15%	0.36x	$506.97 Million
Lepu Medical Tech Beijing (300003)	$10.54 Billion	17.10%	0.73x	$3.19 Billion
INKON Life Technology Co Ltd (300143)	$343.97 Million	0.00%	1.34x	$764.39 Million
Edan Instruments Inc (300206)	$1.25 Billion	3.50%	0.14x	$1.15 Billion
Guangdong Biolight Meditech Co Ltd (300246)	$1.39 Billion	-4.69%	0.82x	$735.30 Million
Beijing Leadman Biochemistry Co Ltd (300289)	$761.02 Million	12.92%	0.49x	$467.29 Million
Sinocare Inc (300298)	$3.14 Billion	14.20%	0.47x	$1.17 Billion

About Beijing Succeeder Technology Inc

SHG:688338 China Medical Devices

Market Cap

$373.39 Million

CN¥2.55 Billion CNY

Market Cap Rank

#13875 Global

#4154 in China

Share Price

CN¥24.04

Change (1 day)

+0.46%

52-Week Range

CN¥23.93 - CN¥35.81

All Time High

CN¥126.75