China Literature Limited
China Literature Limited, an investment holding company, operates an online literature platform in the People's Republic of China. It operates through Online business, and Intellectual Property Operations and Others segments. The company is involved in the business of online text, online advertising, and game publishing, as well as comics and audio books reading via self-owned platforms under the… Read more
China Literature Limited (CHLLF) - Net Assets
Latest net assets as of June 2025: $19.16 Billion USD
Based on the latest financial reports, China Literature Limited (CHLLF) has net assets worth $19.16 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($23.20 Billion) and total liabilities ($4.04 Billion). 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 | $19.16 Billion |
| % of Total Assets | 82.57% |
| Annual Growth Rate | 14.68% |
| 5-Year Change | 21.71% |
| 10-Year Change | 312.21% |
| Growth Volatility | 44.08 |
China Literature Limited - Net Assets Trend (2014–2024)
This chart illustrates how China Literature Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Literature Limited (2014–2024)
The table below shows the annual net assets of China Literature Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $18.38 Billion | -3.41% |
| 2023-12-31 | $19.02 Billion | +5.96% |
| 2022-12-31 | $17.95 Billion | +4.47% |
| 2021-12-31 | $17.19 Billion | +13.83% |
| 2020-12-31 | $15.10 Billion | -22.22% |
| 2019-12-31 | $19.41 Billion | +5.41% |
| 2018-12-31 | $18.42 Billion | +45.43% |
| 2017-12-31 | $12.66 Billion | +143.13% |
| 2016-12-31 | $5.21 Billion | +16.83% |
| 2015-12-31 | $4.46 Billion | -4.49% |
| 2014-12-31 | $4.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Literature Limited'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 81892300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $797.26 Million | 4.34% |
| Common Stock | $644.00K | 0.00% |
| Other Comprehensive Income | $1.46 Billion | 7.94% |
| Other Components | $16.12 Billion | 87.72% |
| Total Equity | $18.37 Billion | 100.00% |
China Literature Limited Competitors by Market Cap
The table below lists competitors of China Literature Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kyland Technology Co Ltd
SHE:300353
|
$1.41 Billion |
|
Talos Energy Inc
F:7T2
|
$1.41 Billion |
|
SCHNEIDER NATL.INC. CL.B
F:SNIA
|
$1.41 Billion |
|
Novavax Inc
NASDAQ:NVAX
|
$1.42 Billion |
|
Spic Yuanda Environmental Protection Co Ltd
SHG:600292
|
$1.41 Billion |
|
DO & CO Aktiengesellschaft
VI:DOC
|
$1.41 Billion |
|
Hedef Holdings AS
IS:HEDEF
|
$1.41 Billion |
|
CAIRN HOMES (WI) EO -001
F:C5H
|
$1.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Literature Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,024,945,000 to 18,374,441,000, a change of -650,504,000 (-3.4%).
- Net loss of 209,216,000 reduced equity.
- Share repurchases of 251,523,000 reduced equity.
- Other comprehensive income decreased equity by 246,501,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-209.22 Million | -1.14% |
| Share Repurchases | $251.52 Million | -1.37% |
| Other Comprehensive Income | $-246.50 Million | -1.34% |
| Other Changes | $56.74 Million | +0.31% |
| Total Change | $- | -3.42% |
Book Value vs Market Value Analysis
This analysis compares China Literature Limited'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: 0.19x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.70x to 0.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $5.07 | $3.53 | x |
| 2015-12-31 | $4.83 | $3.53 | x |
| 2016-12-31 | $5.70 | $3.53 | x |
| 2017-12-31 | $16.45 | $3.53 | x |
| 2018-12-31 | $20.21 | $3.53 | x |
| 2019-12-31 | $19.24 | $3.53 | x |
| 2020-12-31 | $15.09 | $3.53 | x |
| 2021-12-31 | $16.90 | $3.53 | x |
| 2022-12-31 | $17.61 | $3.53 | x |
| 2023-12-31 | $18.68 | $3.53 | x |
| 2024-12-31 | $18.14 | $3.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Literature Limited 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): -1.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.58%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.25x
- Recent ROE (-1.14%) is below the historical average (-0.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -0.46% | -4.53% | 0.07x | 1.39x | $-481.05 Million |
| 2015 | -7.94% | -21.63% | 0.25x | 1.46x | $-785.13 Million |
| 2016 | 0.71% | 1.43% | 0.36x | 1.38x | $-479.94 Million |
| 2017 | 4.41% | 13.58% | 0.27x | 1.20x | $-705.99 Million |
| 2018 | 4.95% | 18.07% | 0.18x | 1.51x | $-929.71 Million |
| 2019 | 5.65% | 13.13% | 0.32x | 1.35x | $-843.70 Million |
| 2020 | -29.82% | -52.78% | 0.40x | 1.41x | $-6.01 Billion |
| 2021 | 10.74% | 21.30% | 0.37x | 1.36x | $127.96 Million |
| 2022 | 3.39% | 7.98% | 0.34x | 1.27x | $-1.19 Billion |
| 2023 | 4.23% | 11.48% | 0.30x | 1.22x | $-1.10 Billion |
| 2024 | -1.14% | -2.58% | 0.35x | 1.25x | $-2.05 Billion |
Industry Comparison
This section compares China Literature Limited's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,625,500,796
- Average return on equity (ROE) among peers: 1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Literature Limited (CHLLF) | $19.16 Billion | -0.46% | 0.21x | $1.41 Billion |
| ADWYF (ADWYF) | $12.45 Billion | 1.32% | 0.53x | $40.28 Million |
| Allied Energy Inc (AGGI) | $-1.09 Million | 0.00% | 0.00x | $122.37 Million |
| Calibre (ALWIN) | $-687.00K | 0.00% | 0.00x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.27 Million |
| ApartmentLove Inc (APMLF) | $-12.38K | 0.00% | 0.00x | $1.13K |
| Arena Group Holdings Inc (AREN) | $-52.15 Million | 0.00% | 0.00x | $35.83 Million |
| Autohome Inc (ATHM) | $7.12 Billion | 13.92% | 0.06x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $636.50 |
| BDCTF (BDCTF) | $3.15 Million | -39.54% | 7.80x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |