Bit Brother Limited
Bit Brother Limited engages in the retail and distribution of specialty tea products in China. The company offers tea-based beverages, including fresh milk tea, fruit tea, milk cap tea, etc.; light meals comprising salads, sandwiches, pasta, steak, burritos, and other healthy options; and pastries, such as fresh baked bread, fresh baked cakes, frosting cakes, etc. It is also involved in the block… Read more
Bit Brother Limited (BETSF) - Total Assets
Latest total assets as of June 2023: $32.26 Million USD
Based on the latest financial reports, Bit Brother Limited (BETSF) holds total assets worth $32.26 Million USD as of June 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Bit Brother Limited - Total Assets Trend (2016–2023)
This chart illustrates how Bit Brother Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bit Brother Limited - Asset Composition Analysis
Current Asset Composition (June 2023)
Bit Brother Limited's total assets of $32.26 Million consist of 32.0% current assets and 68.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.6% |
| Accounts Receivable | $1.32 Million | 4.1% |
| Inventory | $188.38K | 0.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $70.81K | 0.2% |
| Goodwill | $211.10K | 0.7% |
Asset Composition Trend (2016–2023)
This chart illustrates how Bit Brother Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bit Brother Limited's current assets represent 32.0% of total assets in 2023, a decrease from 69.4% in 2016.
- Cash Position: Cash and equivalents constituted 16.6% of total assets in 2023, up from 0.1% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 4.1% of total assets.
Bit Brother Limited Competitors by Total Assets
Key competitors of Bit Brother Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MGT Capital Investments Inc
PINK:MGTI
|
USA | $36.00K |
|
XTRA Bitcoin Inc
PINK:CBTC
|
USA | $109.64K |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
Bit Brother Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Bit Brother Limited generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bit Brother Limited is currently not profitable relative to its asset base.
Bit Brother Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.68 | 17.50 | 5.44 |
| Quick Ratio | 3.61 | 16.30 | 5.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.51 Million | $ 20.31 Million | $ 7.52 Million |
Bit Brother Limited - Advanced Valuation Insights
This section examines the relationship between Bit Brother Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -71.8% |
| Total Assets | $32.26 Million |
| Market Capitalization | $62.00 USD |
Valuation Analysis
Below Book Valuation: The market values Bit Brother Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Bit Brother Limited's assets decreased by 71.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Bit Brother Limited (2016–2023)
The table below shows the annual total assets of Bit Brother Limited from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | $32.26 Million | -71.84% |
| 2022-06-30 | $114.57 Million | +70.61% |
| 2021-06-30 | $67.15 Million | +196.68% |
| 2020-06-30 | $22.64 Million | +108.69% |
| 2019-06-30 | $10.85 Million | -83.85% |
| 2018-06-30 | $67.17 Million | -50.58% |
| 2017-06-30 | $135.92 Million | -22.84% |
| 2016-06-30 | $176.14 Million | -- |