Sing Tao News Corporation Limited
Sing Tao News Corporation Limited publishes and distributes newspapers, magazines, and books to readers in Hong Kong, Canada, the United States, Europe, and the People's Republic of China. The company publishes Chinese and English newspapers; and magazines that primarily focuses on current affairs and finance, entertainment, lifestyle, and cultural trends. It also publishes books in various categ… Read more
Sing Tao News Corporation Limited (STAOF) - Net Assets
Latest net assets as of June 2025: $1.59 Billion USD
Based on the latest financial reports, Sing Tao News Corporation Limited (STAOF) has net assets worth $1.59 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 ($1.88 Billion) and total liabilities ($298.42 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 | $1.59 Billion |
| % of Total Assets | 84.16% |
| Annual Growth Rate | 1.67% |
| 5-Year Change | -17.54% |
| 10-Year Change | -20.84% |
| Growth Volatility | 8.1 |
Sing Tao News Corporation Limited - Net Assets Trend (2002–2024)
This chart illustrates how Sing Tao News Corporation 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 Sing Tao News Corporation Limited (2002–2024)
The table below shows the annual net assets of Sing Tao News Corporation Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.63 Billion | -4.09% |
| 2023-12-31 | $1.70 Billion | -1.56% |
| 2022-12-31 | $1.73 Billion | -6.16% |
| 2021-12-31 | $1.84 Billion | -6.92% |
| 2020-12-31 | $1.98 Billion | -1.25% |
| 2019-12-31 | $2.00 Billion | -6.22% |
| 2018-12-31 | $2.14 Billion | -0.24% |
| 2017-12-31 | $2.14 Billion | +3.29% |
| 2016-12-31 | $2.07 Billion | +0.60% |
| 2015-12-31 | $2.06 Billion | +0.24% |
| 2014-12-31 | $2.06 Billion | +2.96% |
| 2013-12-31 | $2.00 Billion | +2.35% |
| 2012-12-31 | $1.95 Billion | +2.23% |
| 2011-12-31 | $1.91 Billion | +3.19% |
| 2010-12-31 | $1.85 Billion | +12.05% |
| 2009-12-31 | $1.65 Billion | +8.06% |
| 2008-12-31 | $1.53 Billion | -8.60% |
| 2007-12-31 | $1.67 Billion | +6.95% |
| 2006-12-31 | $1.56 Billion | +7.47% |
| 2005-12-31 | $1.45 Billion | +30.62% |
| 2004-12-31 | $1.11 Billion | +1.83% |
| 2003-12-31 | $1.09 Billion | -3.50% |
| 2002-12-31 | $1.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sing Tao News Corporation 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 63750700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $637.51 Million | 39.08% |
| Common Stock | $176.11 Million | 10.80% |
| Other Comprehensive Income | $366.27 Million | 22.45% |
| Other Components | $451.41 Million | 27.67% |
| Total Equity | $1.63 Billion | 100.00% |
Sing Tao News Corporation Limited Competitors by Market Cap
The table below lists competitors of Sing Tao News Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Austral Resources Australia Ltd
AU:AR1
|
$12.69 Million |
|
Theradiag SA
PA:ALTHE
|
$12.69 Million |
|
Elco Ltd
TA:ELCO
|
$12.70 Million |
|
Kingswood Holdings Limited
PINK:KWGHF
|
$12.71 Million |
|
Harn Len Corporation Bhd
KLSE:7501
|
$12.68 Million |
|
Rail Vision Ltd. Ordinary Share
NASDAQ:RVSN
|
$12.67 Million |
|
Mirasol Resources Ltd
PINK:MRZLF
|
$12.67 Million |
|
Tang Palace (China) Holdings Limited
PINK:TNGPF
|
$12.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sing Tao News Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,700,868,000 to 1,631,294,000, a change of -69,574,000 (-4.1%).
- Net loss of 84,251,000 reduced equity.
- Other comprehensive income increased equity by 12,789,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-84.25 Million | -5.16% |
| Other Comprehensive Income | $12.79 Million | +0.78% |
| Other Changes | $1.89 Million | +0.12% |
| Total Change | $- | -4.09% |
Book Value vs Market Value Analysis
This analysis compares Sing Tao News Corporation 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: 0.02x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $0.86 | $0.04 | x |
| 2003-12-31 | $1.18 | $0.04 | x |
| 2004-12-31 | $1.15 | $0.04 | x |
| 2005-12-31 | $1.58 | $0.04 | x |
| 2006-12-31 | $1.73 | $0.04 | x |
| 2007-12-31 | $1.89 | $0.04 | x |
| 2008-12-31 | $1.70 | $0.04 | x |
| 2009-12-31 | $1.91 | $0.04 | x |
| 2010-12-31 | $2.10 | $0.04 | x |
| 2011-12-31 | $2.15 | $0.04 | x |
| 2012-12-31 | $2.30 | $0.04 | x |
| 2013-12-31 | $2.36 | $0.04 | x |
| 2014-12-31 | $2.43 | $0.04 | x |
| 2015-12-31 | $2.40 | $0.04 | x |
| 2016-12-31 | $2.39 | $0.04 | x |
| 2017-12-31 | $2.47 | $0.04 | x |
| 2018-12-31 | $2.47 | $0.04 | x |
| 2019-12-31 | $2.31 | $0.04 | x |
| 2020-12-31 | $2.25 | $0.04 | x |
| 2021-12-31 | $2.09 | $0.04 | x |
| 2022-12-31 | $1.96 | $0.04 | x |
| 2023-12-31 | $1.93 | $0.04 | x |
| 2024-12-31 | $1.85 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sing Tao News Corporation 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): -5.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.84%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.19x
- Recent ROE (-5.16%) is below the historical average (2.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 13.77% | 14.15% | 0.69x | 1.41x | $42.35 Million |
| 2003 | 1.13% | 1.05% | 0.75x | 1.44x | $-96.89 Million |
| 2004 | 0.42% | 0.33% | 0.90x | 1.44x | $-106.62 Million |
| 2005 | 15.18% | 12.10% | 0.95x | 1.32x | $75.36 Million |
| 2006 | 11.40% | 9.02% | 0.93x | 1.36x | $21.88 Million |
| 2007 | 9.55% | 7.08% | 0.89x | 1.52x | $-7.51 Million |
| 2008 | -9.85% | -5.84% | 1.16x | 1.46x | $-286.09 Million |
| 2009 | 7.48% | 4.70% | 1.21x | 1.32x | $-40.70 Million |
| 2010 | 13.00% | 8.26% | 1.24x | 1.27x | $55.53 Million |
| 2011 | 7.27% | 5.80% | 1.00x | 1.26x | $-52.15 Million |
| 2012 | 6.16% | 5.44% | 0.91x | 1.24x | $-74.86 Million |
| 2013 | 5.29% | 5.19% | 0.83x | 1.23x | $-94.03 Million |
| 2014 | 5.55% | 5.75% | 0.79x | 1.22x | $-91.43 Million |
| 2015 | 3.02% | 3.34% | 0.76x | 1.19x | $-143.81 Million |
| 2016 | 1.63% | 2.10% | 0.65x | 1.20x | $-173.50 Million |
| 2017 | 1.93% | 2.73% | 0.58x | 1.22x | $-172.80 Million |
| 2018 | 1.13% | 1.69% | 0.56x | 1.20x | $-189.39 Million |
| 2019 | -1.13% | -1.80% | 0.53x | 1.19x | $-223.01 Million |
| 2020 | -4.09% | -9.80% | 0.36x | 1.16x | $-278.73 Million |
| 2021 | -7.59% | -16.75% | 0.39x | 1.17x | $-323.94 Million |
| 2022 | -8.03% | -17.03% | 0.40x | 1.19x | $-311.56 Million |
| 2023 | -2.88% | -5.98% | 0.41x | 1.18x | $-219.15 Million |
| 2024 | -5.16% | -10.84% | 0.40x | 1.19x | $-247.38 Million |
Industry Comparison
This section compares Sing Tao News Corporation Limited's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $77,491,127
- Average return on equity (ROE) among peers: -10.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sing Tao News Corporation Limited (STAOF) | $1.59 Billion | 13.77% | 0.19x | $12.68 Million |
| COMTEX News Network Inc (CMTX) | $1.11 Million | -9.63% | 1.06x | $53.99K |
| Dallasnews Corp (DALN) | $12.36 Million | -79.16% | 4.85x | $64.35 Million |
| Digitiliti Inc (DIGI) | $-3.26 Million | 0.00% | 0.00x | $0.95 |
| The Detroit Legal News Company (DTRL) | $13.13 Million | 29.84% | 0.39x | $2.95 Million |
| Educational Development Corporation (EDUC) | $12.58 Million | 2.84% | 0.33x | $8.68 Million |
| Fame Productions Inc (FMPR) | $-616.17K | 0.00% | 0.00x | $489.02 |
| FP Newspapers Inc (FPNUF) | $52.21 Million | 8.52% | 0.01x | $1.85 Million |
| Future plc (FRNWF) | $195.57 Million | -31.07% | 0.78x | $707.50 Million |
| Gannett Co Inc (GCI) | $295.37 Million | -26.41% | 7.10x | $199.39 Million |
| Glacier Media Inc (GLMFF) | $196.46 Million | -2.48% | 0.38x | $4.43 Million |