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Shenzhen Bestek Technology Co Ltd

Shenzhen Bestek Technology Co., Ltd. is a Chinese company engaged in the research, development, manufacture, and sale of intelligent controllers and smart products, both in China and internationally. Its product lineup includes motor controllers, lithium battery controllers, smart home controllers, and automotive motor controllers, as well as smart lighting, smart security, floor care and cleaning tools, smart home devices, wearable smart devices, and smart pet care products. The company also offers electronics-related products and is involved in the production and sales of cleaners. Founded in 2010, it is headquartered in Shenzhen, China.

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Beshida's 2026 interim net profit falls 11.70% year-on-year

Beshida released its 2026 interim report, with net profit attributable to the parent company at 15.1887 million yuan, down 11.70% from the same period last year. Total operating revenue was 336 million yuan, down 18.55% year-on-year. Net cash inflow from operating activities was 14.1219 million yuan, down 40.43% year-on-year. The company's latest asset-liability ratio was 15.72%, gross margin was 20.99%, ROE was 1.23%, and diluted earnings per share was 0.05 yuan.
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Beshidak's net profit for the first half of 2026 was 15.19 million yuan, down 11.7% year-on-year

Beshidak disclosed its 2026 semi-annual report, achieving a net profit attributable to the parent company of 15.19 million yuan in the first half, a year-on-year decrease of 11.70%. The company's total operating revenue for the same period was 336 million yuan, down 18.55% year-on-year; non-recurring net profit showed a loss of 78,200 yuan, compared with a profit of 19.89 million yuan in the same period last year; net cash flow from operating activities was 14.12 million yuan, down 40.43% year-on-year. During the reporting period, basic earnings per share were 0.049 yuan, and the weighted average return on net assets was 1.23%.
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Bestaida first-half net profit attributable to parent 15.19 million yuan, down 11.7% year on year

Bestaida released its 2026 half-year report. Operating revenue was 336 million yuan, down 18.6% year on year. Net profit attributable to the parent company was 15.19 million yuan, down 11.7% year on year. Deducted non-recurring loss was 78,200 yuan, down 100.4% year on year. Net operating cash flow was 14.12 million yuan, down 40.4% year on year. Fully diluted earnings per share was 0.049 yuan. In the second quarter, operating revenue was 159 million yuan, down 19.3% year on year. Net profit attributable to the parent company was a loss of 6.87 million yuan, down 203.8% year on year. Deducted non-recurring net profit attributable to the parent company was a loss of 7.85 million yuan, down 178.7% year on year. Earnings per share was negative 0.0221 yuan. As of the end of the second quarter, total assets were 1.444 billion yuan, down 4.6% from the end of the previous year. Net assets attributable to the parent company were 1.232 billion yuan, down 0.4% from the end of the previous year. The company noted in the half-year report that its main business and products had not undergone major changes. It continued to focus on the research, development, production and sales of intelligent controllers and intelligent products. Intelligent controllers are mainly used in motor control and lithium battery control, while also expanding into areas such as smart homes and automotive motors. During the reporting period, the proportion of overseas sales revenue to total revenue declined, mainly affected by intensifying market competition and a reduction in overseas orders.
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Besta Elects New Board; Xiao Ping Becomes Chairman and General Manager, Temporarily Acting as CFO

Besta has completed the election of its fourth board of directors. Xiao Ping has been elected chairman and concurrently serves as general manager, while also temporarily acting as chief financial officer. The company held its first extraordinary general meeting of 2026 on July 15, electing a seven-member board. Non-independent directors include Xiao Ping, Li Qingwen, and Wang Wenyu; the employee representative director is Zhou Chuang; independent directors include Chen Wenhua, Zhu Dongyuan, and Fang Nanping, all serving a three-year term. In terms of senior management, Xiao Ping serves as general manager, with Wang Wenyu, Li Zhongren, and Luo Zhenggen as deputy general managers. Xiao Ping will act as CFO until a new CFO is formally appointed. In the first quarter of 2026, Besta achieved revenue of 178 million yuan and net profit attributable to the parent company of 22.06 million yuan.
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