Wasu Media Holding Co Ltd (000156) - Net Assets
Based on the latest financial reports, Wasu Media Holding Co Ltd (000156) has net assets worth CN¥15.35 Billion CNY (≈ $2.25 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥29.63 Billion ≈ $4.34 Billion USD) and total liabilities (CN¥14.28 Billion ≈ $2.09 Billion USD). 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. Check Wasu Media Holding Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥15.35 Billion |
| % of Total Assets | 51.8% |
| Annual Growth Rate | 20.15% |
| 5-Year Change | 10.38% |
| 10-Year Change | 65.59% |
| Growth Volatility | 126.51 |
Wasu Media Holding Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Wasu Media Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Wasu Media Holding Co Ltd (000156) total assets for the complete picture of this company's asset base.
Annual Net Assets for Wasu Media Holding Co Ltd (1997–2024)
The table below shows the annual net assets of Wasu Media Holding Co Ltd from 1997 to 2024. For live valuation and market cap data, see Wasu Media Holding Co Ltd (000156) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥15.33 Billion ≈ $2.24 Billion |
+0.81% |
| 2023-12-31 | CN¥15.21 Billion ≈ $2.23 Billion |
+1.78% |
| 2022-12-31 | CN¥14.94 Billion ≈ $2.19 Billion |
+3.01% |
| 2021-12-31 | CN¥14.50 Billion ≈ $2.12 Billion |
+4.43% |
| 2020-12-31 | CN¥13.89 Billion ≈ $2.03 Billion |
+26.23% |
| 2019-12-31 | CN¥11.00 Billion ≈ $1.61 Billion |
+3.35% |
| 2018-12-31 | CN¥10.65 Billion ≈ $1.56 Billion |
+2.59% |
| 2017-12-31 | CN¥10.38 Billion ≈ $1.52 Billion |
+2.60% |
| 2016-12-31 | CN¥10.11 Billion ≈ $1.48 Billion |
+9.24% |
| 2015-12-31 | CN¥9.26 Billion ≈ $1.35 Billion |
+319.47% |
| 2014-12-31 | CN¥2.21 Billion ≈ $322.96 Million |
+21.70% |
| 2013-12-31 | CN¥1.81 Billion ≈ $265.38 Million |
+113.31% |
| 2012-12-31 | CN¥850.19 Million ≈ $124.41 Million |
+526.59% |
| 2011-12-31 | CN¥-199.30 Million ≈ $-29.16 Million |
+33.21% |
| 2010-12-31 | CN¥-298.39 Million ≈ $-43.66 Million |
+38.30% |
| 2009-12-31 | CN¥-483.62 Million ≈ $-70.77 Million |
+15.71% |
| 2008-12-31 | CN¥-573.74 Million ≈ $-83.96 Million |
+3.35% |
| 2007-12-31 | CN¥-593.63 Million ≈ $-86.87 Million |
+2.39% |
| 2006-12-31 | CN¥-608.16 Million ≈ $-88.99 Million |
-15.87% |
| 2005-12-31 | CN¥-524.88 Million ≈ $-76.81 Million |
-381.34% |
| 2004-12-31 | CN¥186.56 Million ≈ $27.30 Million |
-62.99% |
| 2003-12-31 | CN¥504.08 Million ≈ $73.76 Million |
+4.57% |
| 2002-12-31 | CN¥482.05 Million ≈ $70.54 Million |
-0.13% |
| 2001-12-31 | CN¥482.66 Million ≈ $70.63 Million |
+3.00% |
| 2000-12-31 | CN¥468.59 Million ≈ $68.57 Million |
+244.89% |
| 1999-12-31 | CN¥135.87 Million ≈ $19.88 Million |
+16.12% |
| 1998-12-31 | CN¥117.01 Million ≈ $17.12 Million |
+8.38% |
| 1997-12-31 | CN¥107.96 Million ≈ $15.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wasu Media Holding Co 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 grown by 28426.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.54 Billion | 23.67% |
| Common Stock | CN¥1.96 Billion | 13.13% |
| Other Components | CN¥9.44 Billion | 63.20% |
| Total Equity | CN¥14.94 Billion | 100.00% |
Wasu Media Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Wasu Media Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Fullhan Microelectronics Co Ltd
SHE:300613
|
$2.01 Billion |
|
Central China Land Media Co Ltd
SHE:000719
|
$2.01 Billion |
|
CS Wind Corp
KO:112610
|
$2.01 Billion |
|
Zhejiang Yonghe Refrigerant Co Ltd
SHG:605020
|
$2.01 Billion |
|
Walsin Technology Corp
TW:2492
|
$2.01 Billion |
|
Jiangsu Provincial Agricultural Reclamation and Development Co Ltd
SHG:601952
|
$2.01 Billion |
|
MicroPort Scientific Corporation
F:MSK
|
$2.01 Billion |
|
Tianjin Port Co Ltd
SHG:600717
|
$2.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wasu Media Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,822,221,632 to 14,938,165,914, a change of 115,944,282 (0.8%).
- Net income of 534,000,262 contributed positively to equity growth.
- Dividend payments of 452,074,989 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥534.00 Million | +3.57% |
| Dividends Paid | CN¥452.07 Million | -3.03% |
| Other Changes | CN¥34.02 Million | +0.23% |
| Total Change | CN¥- | 0.78% |
Book Value vs Market Value Analysis
This analysis compares Wasu Media Holding Co 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
- Current price-to-book ratio: 0.91x
- 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 7.91x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.94 | CN¥7.41 | x |
| 1998-12-31 | CN¥1.01 | CN¥7.41 | x |
| 1999-12-31 | CN¥1.15 | CN¥7.41 | x |
| 2000-12-31 | CN¥4.03 | CN¥7.41 | x |
| 2001-12-31 | CN¥4.15 | CN¥7.41 | x |
| 2002-12-31 | CN¥4.15 | CN¥7.41 | x |
| 2003-12-31 | CN¥3.89 | CN¥7.41 | x |
| 2004-12-31 | CN¥1.37 | CN¥7.41 | x |
| 2005-12-31 | CN¥-4.56 | CN¥7.41 | x |
| 2006-12-31 | CN¥-5.13 | CN¥7.41 | x |
| 2007-12-31 | CN¥-5.17 | CN¥7.41 | x |
| 2008-12-31 | CN¥-4.79 | CN¥7.41 | x |
| 2009-12-31 | CN¥-4.09 | CN¥7.41 | x |
| 2010-12-31 | CN¥-2.53 | CN¥7.41 | x |
| 2011-12-31 | CN¥-0.26 | CN¥7.41 | x |
| 2012-12-31 | CN¥0.76 | CN¥7.41 | x |
| 2013-12-31 | CN¥1.64 | CN¥7.41 | x |
| 2014-12-31 | CN¥1.89 | CN¥7.41 | x |
| 2015-12-31 | CN¥6.93 | CN¥7.41 | x |
| 2016-12-31 | CN¥7.05 | CN¥7.41 | x |
| 2017-12-31 | CN¥7.28 | CN¥7.41 | x |
| 2018-12-31 | CN¥7.44 | CN¥7.41 | x |
| 2019-12-31 | CN¥7.68 | CN¥7.41 | x |
| 2020-12-31 | CN¥8.99 | CN¥7.41 | x |
| 2021-12-31 | CN¥7.62 | CN¥7.41 | x |
| 2022-12-31 | CN¥7.85 | CN¥7.41 | x |
| 2023-12-31 | CN¥7.96 | CN¥7.41 | x |
| 2024-12-31 | CN¥8.11 | CN¥7.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wasu Media Holding Co 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): 3.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.68%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.94x
- Recent ROE (3.57%) is above the historical average (-1.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 12.45% | 16.58% | 0.40x | 1.90x | CN¥2.65 Million |
| 1998 | 7.73% | 7.30% | 0.46x | 2.30x | CN¥-2.66 Million |
| 1999 | 11.48% | 13.24% | 0.42x | 2.04x | CN¥1.96 Million |
| 2000 | 4.84% | 16.80% | 0.21x | 1.38x | CN¥-24.01 Million |
| 2001 | 3.03% | 10.93% | 0.20x | 1.40x | CN¥-33.36 Million |
| 2002 | 5.95% | 11.53% | 0.34x | 1.53x | CN¥-19.39 Million |
| 2003 | -7.86% | -20.85% | 0.10x | 3.72x | CN¥-80.09 Million |
| 2004 | -186.52% | -82.19% | 0.30x | 7.61x | CN¥-309.75 Million |
| 2005 | 0.00% | -184.92% | 0.47x | 0.00x | CN¥-614.71 Million |
| 2006 | 0.00% | -24.16% | 0.57x | 0.00x | CN¥-22.20 Million |
| 2007 | 0.00% | 1.52% | 0.74x | 0.00x | CN¥66.48 Million |
| 2008 | 0.00% | 3.40% | 1.61x | 0.00x | CN¥76.88 Million |
| 2009 | 0.00% | 11.23% | 2.14x | 0.00x | CN¥133.07 Million |
| 2010 | 0.00% | 21.11% | 2.94x | 0.00x | CN¥214.51 Million |
| 2011 | 0.00% | 9.52% | 4.37x | 0.00x | CN¥139.54 Million |
| 2012 | 21.02% | 11.42% | 0.46x | 4.02x | CN¥92.81 Million |
| 2013 | 14.00% | 14.10% | 0.35x | 2.80x | CN¥72.56 Million |
| 2014 | 17.47% | 15.91% | 0.43x | 2.53x | CN¥164.03 Million |
| 2015 | 5.77% | 18.66% | 0.23x | 1.37x | CN¥-391.38 Million |
| 2016 | 5.96% | 19.54% | 0.22x | 1.39x | CN¥-408.47 Million |
| 2017 | 6.18% | 19.98% | 0.22x | 1.39x | CN¥-396.41 Million |
| 2018 | 6.05% | 18.75% | 0.23x | 1.38x | CN¥-420.40 Million |
| 2019 | 7.10% | 11.17% | 0.44x | 1.43x | CN¥-319.43 Million |
| 2020 | 6.23% | 11.13% | 0.32x | 1.73x | CN¥-510.47 Million |
| 2021 | 6.42% | 10.69% | 0.33x | 1.81x | CN¥-505.93 Million |
| 2022 | 5.45% | 8.44% | 0.35x | 1.86x | CN¥-662.21 Million |
| 2023 | 4.65% | 7.10% | 0.33x | 1.98x | CN¥-793.22 Million |
| 2024 | 3.57% | 5.68% | 0.32x | 1.94x | CN¥-959.82 Million |
Industry Comparison
This section compares Wasu Media Holding Co Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $3,536,776,705
- Average return on equity (ROE) among peers: 2.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wasu Media Holding Co Ltd (000156) | CN¥15.35 Billion | 12.45% | 0.93x | $2.01 Billion |
| Huawen Media Investment Corp (000793) | $5.48 Billion | -91.14% | 1.36x | $797.87 Million |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $931.83 Million | 8.57% | 0.62x | $451.51 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $207.75 Million | 34.06% | 0.71x | $1.70 Billion |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $1.58 Billion | 11.48% | 0.22x | $1.80 Billion |
| Ciwen Media Co Ltd (002343) | $1.40 Billion | 5.15% | 0.21x | $429.75 Million |
| Perfect World Co Ltd (002624) | $8.45 Billion | 13.80% | 0.93x | $4.32 Billion |
| Wanda Cinema Line Corp (002739) | $11.71 Billion | 12.94% | 0.98x | $3.12 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $180.05 Million | 15.70% | 0.33x | $410.17 Million |
| Guangzhou Jinyi Media Corp (002905) | $1.89 Billion | 11.20% | 0.61x | $524.79 Million |
About Wasu Media Holding Co Ltd
Wasu Media Holding Co.,Ltd engages in cable television (TV) network operations in China. It offers interactive TV, mobile TV, Internet TV, Internet video, advertising, and other media information services. The company was formerly known as Zhejiang Genuine Unicom New Material Group Co., Ltd. and changed its name to Wasu Media Holding Co.,Ltd in October 2012. Wasu Media Holding Co.,Ltd was founded… Read more