China VTV Ltd
China VTV Ltd., together with its subsidiaries, develops over-the-top streaming media platform. The company distributes streaming media directly to viewers over the internet, bypassing telecommunications, multichannel televisions, and broadcast television platforms. It also provides news, entertainment shows, TV episodes, and other programs on website and social media accounts. The company is hea… Read more
China VTV Ltd (CVTV) - Net Assets
Latest net assets as of August 2021: $-1.24 Million USD
Based on the latest financial reports, China VTV Ltd (CVTV) has net assets worth $-1.24 Million USD as of August 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($239.74K) and total liabilities ($1.48 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 | $-1.24 Million |
| % of Total Assets | -518.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
China VTV Ltd - Net Assets Trend (2015–2021)
This chart illustrates how China VTV Ltd'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 VTV Ltd (2015–2021)
The table below shows the annual net assets of China VTV Ltd from 2015 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-02-28 | $-443.54K | -35.55% |
| 2020-02-29 | $-327.20K | +29.19% |
| 2019-02-28 | $-462.09K | -15.09% |
| 2018-02-28 | $-401.50K | -694.64% |
| 2017-02-28 | $-50.53K | -279.67% |
| 2016-02-29 | $-13.31K | -728.33% |
| 2015-02-28 | $2.12K | -- |
Equity Component Analysis
This analysis shows how different components contribute to China VTV Ltd'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 decreased by 462746400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $286.36K | % |
| Other Comprehensive Income | $134.16K | % |
| Other Components | $3.77 Million | % |
| Total Equity | $-443.54K | 100.00% |
China VTV Ltd Competitors by Market Cap
The table below lists competitors of China VTV Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DCB Bank Limited
NSE:DCBBANK
|
$503.70 Million |
|
INDUS Holding AG
PINK:INDHF
|
$503.74 Million |
|
NACHI-FUJIKOSHI
F:8UM
|
$503.77 Million |
|
Shanghai Xuerong Bio-Technology Co Ltd
SHE:300511
|
$503.80 Million |
|
Liontown Resources Limited
PINK:LINRF
|
$503.49 Million |
|
MULLEN AUT. INC. DL -001
F:1N5
|
$503.45 Million |
|
SLC Agrícola S.A
SA:SLCE3
|
$503.35 Million |
|
Anhui Estone Materials Technology Co Ltd
SHG:688733
|
$503.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China VTV Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -327,202 to -443,538, a change of -116,336.
- Net loss of 786,000 reduced equity.
- Other comprehensive income increased equity by 136,259.
- Other factors increased equity by 533,405.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-786.00K | -177.21% |
| Other Comprehensive Income | $136.26K | +30.72% |
| Other Changes | $533.40K | +120.26% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares China VTV Ltd'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-02-28 | $0.00 | $5.25 | x |
| 2016-02-29 | $0.00 | $5.25 | x |
| 2017-02-28 | $0.00 | $5.25 | x |
| 2018-02-28 | $-0.01 | $5.25 | x |
| 2019-02-28 | $0.00 | $5.25 | x |
| 2020-02-29 | $0.00 | $5.25 | x |
| 2021-02-28 | $0.00 | $5.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China VTV Ltd 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4835.73%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-17.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -135.98% | 0.00% | 0.00x | 2.37x | $-3.09K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-17.85K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-32.17K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-449.88K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-387.74K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-44.38K |
| 2020 | 0.00% | -39321.10% | 0.00x | 0.00x | $-1.47 Million |
| 2021 | 0.00% | -4835.73% | 0.02x | 0.00x | $-741.65K |
Industry Comparison
This section compares China VTV Ltd's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,961,320,935
- Average return on equity (ROE) among peers: -43.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China VTV Ltd (CVTV) | $-1.24 Million | -135.98% | N/A | $503.67 Million |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.55 Million |
| ApartmentLove Inc (APMLF) | $-156.62K | 0.00% | 0.00x | $1.11K |
| Arena Group Holdings Inc (AREN) | $7.33 Million | -355.75% | 4.07x | $26.45 Million |
| Autohome Inc (ATHM) | $8.95 Billion | 13.71% | 0.05x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $626.79 |
| BDCTF (BDCTF) | $11.32 Million | -91.21% | 2.48x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |