Bestechnic (Shanghai) Co. Ltd. A
Bestechnic (Shanghai) Co., Ltd. engages in the research, design, development, manufacture, and sale of smart audio and video SoC chips in China. The company offers wireless audio, smart wearable, and smart home chips. Its products have applications in smart audio, smart wearables, wireless connectivity and smart home markets. Bestechnic (Shanghai) Co., Ltd. was founded in 2015 and is based in Sha… Read more
Bestechnic (Shanghai) Co. Ltd. A (688608) - Net Assets
Latest net assets as of September 2025: CN¥6.92 Billion CNY
Based on the latest financial reports, Bestechnic (Shanghai) Co. Ltd. A (688608) has net assets worth CN¥6.92 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.49 Billion) and total liabilities (CN¥568.95 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.92 Billion |
| % of Total Assets | 92.41% |
| Annual Growth Rate | 98.7% |
| 5-Year Change | 18.35% |
| 10-Year Change | N/A |
| Growth Volatility | 327.69 |
Bestechnic (Shanghai) Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how Bestechnic (Shanghai) Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bestechnic (Shanghai) Co. Ltd. A (2017–2024)
The table below shows the annual net assets of Bestechnic (Shanghai) Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.50 Billion | +6.68% |
| 2023-12-31 | CN¥6.10 Billion | +2.25% |
| 2022-12-31 | CN¥5.96 Billion | +1.01% |
| 2021-12-31 | CN¥5.90 Billion | +7.42% |
| 2020-12-31 | CN¥5.50 Billion | +952.73% |
| 2019-12-31 | CN¥522.05 Million | +357.65% |
| 2018-12-31 | CN¥114.07 Million | +114.56% |
| 2017-12-31 | CN¥53.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bestechnic (Shanghai) 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 130584598776.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.11 Billion | 17.06% |
| Common Stock | CN¥120.05 Million | 1.85% |
| Other Comprehensive Income | CN¥129.40 Million | 1.99% |
| Other Components | CN¥5.15 Billion | 79.10% |
| Total Equity | CN¥6.50 Billion | 100.00% |
Bestechnic (Shanghai) Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Bestechnic (Shanghai) Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STRIDE INC. DL -0001
F:0AJ
|
$2.47 Billion |
|
MAG Silver Corp
NYSE MKT:MAG
|
$2.47 Billion |
|
Kingboard Holdings Limited
F:KGZ
|
$2.47 Billion |
|
Derwent London PLC
PINK:DWVYF
|
$2.47 Billion |
|
Shanghai Pharmaceuticals Holding Co. Ltd
PINK:SHPMF
|
$2.47 Billion |
|
RED ROCK RESORTS A DL-01
F:RRK
|
$2.47 Billion |
|
Mineral Resources Limited
PINK:MALRF
|
$2.47 Billion |
|
Jinan Shengquan Group Share Holding Co Ltd
SHG:605589
|
$2.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bestechnic (Shanghai) Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,097,172,082 to 6,504,521,780, a change of 407,349,698 (6.7%).
- Net income of 460,470,628 contributed positively to equity growth.
- Dividend payments of 112,121,011 reduced retained earnings.
- Share repurchases of 32,558,805 reduced equity.
- Other comprehensive income increased equity by 30,445,146.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥460.47 Million | +7.08% |
| Dividends Paid | CN¥112.12 Million | -1.72% |
| Share Repurchases | CN¥32.56 Million | -0.5% |
| Other Comprehensive Income | CN¥30.45 Million | +0.47% |
| Other Changes | CN¥61.11 Million | +0.94% |
| Total Change | CN¥- | 6.68% |
Book Value vs Market Value Analysis
This analysis compares Bestechnic (Shanghai) 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: 4.63x
- 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 563.38x to 4.63x 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¥0.32 | CN¥178.29 | x |
| 2018-12-31 | CN¥0.68 | CN¥178.29 | x |
| 2019-12-31 | CN¥3.11 | CN¥178.29 | x |
| 2020-12-31 | CN¥32.71 | CN¥178.29 | x |
| 2021-12-31 | CN¥35.14 | CN¥178.29 | x |
| 2022-12-31 | CN¥35.41 | CN¥178.29 | x |
| 2023-12-31 | CN¥36.07 | CN¥178.29 | x |
| 2024-12-31 | CN¥38.52 | CN¥178.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bestechnic (Shanghai) 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): 7.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.11%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.08x
- Recent ROE (7.08%) is above the historical average (-29.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -270.09% | -169.80% | 0.78x | 2.05x | CN¥-148.91 Million |
| 2018 | 1.55% | 0.54% | 1.53x | 1.89x | CN¥-9.64 Million |
| 2019 | 12.91% | 10.38% | 1.03x | 1.21x | CN¥15.17 Million |
| 2020 | 3.61% | 18.70% | 0.18x | 1.05x | CN¥-351.19 Million |
| 2021 | 6.91% | 23.10% | 0.28x | 1.08x | CN¥-182.62 Million |
| 2022 | 2.05% | 8.24% | 0.23x | 1.08x | CN¥-473.86 Million |
| 2023 | 2.03% | 5.68% | 0.33x | 1.07x | CN¥-486.09 Million |
| 2024 | 7.08% | 14.11% | 0.46x | 1.08x | CN¥-189.98 Million |
Industry Comparison
This section compares Bestechnic (Shanghai) Co. Ltd. A's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $938,054,114
- Average return on equity (ROE) among peers: 2.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bestechnic (Shanghai) Co. Ltd. A (688608) | CN¥6.92 Billion | -270.09% | 0.08x | $2.47 Billion |
| UniTTEC Co Ltd (000925) | $408.24 Million | 2.91% | 0.44x | $597.13 Million |
| Zhejiang Chengchang Technology Co. Ltd. (001270) | $537.21 Million | 8.47% | 0.10x | $1.22 Billion |
| Shenzhen Techwinsemi Technology Co. Ltd. (001309) | $1.09 Billion | 6.18% | 0.81x | $5.58 Billion |
| Unigroup Guoxin Microelectronics Co Ltd (002049) | $2.03 Billion | 6.95% | 0.34x | $6.22 Billion |
| Sinosteel Anhui Tianyuan Technology Co Ltd (002057) | $91.68 Million | 16.12% | 1.14x | $714.49 Million |
| Suzhou Good-Ark Electronics Co Ltd (002079) | $445.12 Million | 7.09% | 0.19x | $821.43 Million |
| Tianjin Printronics Circuit Corp (002134) | $391.61 Million | 3.24% | 0.49x | $580.83 Million |
| Tatwah Smartech Co Ltd (002512) | $2.85 Billion | 4.52% | 0.77x | $511.24 Million |
| Chutian Dragon Co Ltd (003040) | $1.51 Billion | 10.97% | 0.46x | $523.03 Million |
| Jiangsu Huasheng Tianlong Photo (300029) | $21.30 Million | -40.30% | 16.97x | $95.18 Million |