Bestechnic (Shanghai) Co. Ltd. A (688608) - Net Assets

Latest as of September 2025: CN¥6.92 Billion CNY ≈ $1.01 Billion USD

Based on the latest financial reports, Bestechnic (Shanghai) Co. Ltd. A (688608) has net assets worth CN¥6.92 Billion CNY (≈ $1.01 Billion USD) 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 ≈ $1.10 Billion USD) and total liabilities (CN¥568.95 Million ≈ $83.26 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 688608 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 688608 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Bestechnic (Shanghai) Co. Ltd. A market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥6.50 Billion ≈ $951.82 Million	+6.68%
2023-12-31	CN¥6.10 Billion ≈ $892.21 Million	+2.25%
2022-12-31	CN¥5.96 Billion ≈ $872.54 Million	+1.01%
2021-12-31	CN¥5.90 Billion ≈ $863.84 Million	+7.42%
2020-12-31	CN¥5.50 Billion ≈ $804.21 Million	+952.73%
2019-12-31	CN¥522.05 Million ≈ $76.39 Million	+357.65%
2018-12-31	CN¥114.07 Million ≈ $16.69 Million	+114.56%
2017-12-31	CN¥53.17 Million ≈ $7.78 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
Silgan Holdings Inc NYSE:SLGN	$4.19 Billion
Oppein Home Group Inc SHG:603833	$4.19 Billion
Ondas Holdings Inc. NASDAQ:ONDS	$4.19 Billion
Container Corporation of India Limited NSE:CONCOR	$4.19 Billion
COWAY Co. Ltd KO:021240	$4.19 Billion
De Grey Mining Ltd AU:DEG	$4.19 Billion
Beijing Sinnet Technology Co Ltd SHE:300383	$4.18 Billion
Xinfengming Group Co Ltd SHG:603225	$4.18 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: 4.40x
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 536.02x to 4.40x 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¥169.63	x
2018-12-31	CN¥0.68	CN¥169.63	x
2019-12-31	CN¥3.11	CN¥169.63	x
2020-12-31	CN¥32.71	CN¥169.63	x
2021-12-31	CN¥35.14	CN¥169.63	x
2022-12-31	CN¥35.41	CN¥169.63	x
2023-12-31	CN¥36.07	CN¥169.63	x
2024-12-31	CN¥38.52	CN¥169.63	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: $2,095,615,821
Average return on equity (ROE) among peers: 6.02%

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	$4.19 Billion
UniTTEC Co Ltd (000925)	$1.22 Billion	2.79%	2.52x	$909.57 Million
Unigroup Guoxin Microelectronics Co Ltd (002049)	$12.39 Billion	9.51%	0.40x	$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)	$501.66 Million	7.47%	0.41x	$1.39 Billion
Ningbo Kangqiang Electronics Co Ltd (002119)	$629.45 Million	7.50%	0.73x	$1.15 Billion
Tianjin Printronics Circuit Corp (002134)	$710.96 Million	2.48%	0.13x	$913.46 Million
Tatwah Smartech Co Ltd (002512)	$1.65 Billion	6.18%	0.38x	$701.64 Million
Chutian Dragon Co Ltd (003040)	$1.37 Billion	4.56%	0.48x	$998.01 Million
Jiangsu Huasheng Tianlong Photo (300029)	$1.14 Billion	5.99%	0.16x	$81.27 Million
Nations Technologies Inc (300077)	$1.09 Billion	9.56%	0.85x	$1.97 Billion

About Bestechnic (Shanghai) Co. Ltd. A

SHG:688608 China Semiconductors

Market Cap

$4.19 Billion

CN¥28.62 Billion CNY

Market Cap Rank

#4036 Global

#679 in China

Share Price

CN¥169.63

Change (1 day)

-2.09%

52-Week Range

CN¥157.43 - CN¥437.59

All Time High

CN¥443.83