Visual China Group Co Ltd

SHE:000681 China Internet Content & Information
Market Cap
$2.14 Billion
CN¥15.72 Billion CNY
Market Cap Rank
#5912 Global
#840 in China
Share Price
CN¥22.44
Change (1 day)
+1.49%
52-Week Range
CN¥17.77 - CN¥35.11
All Time High
CN¥40.94
Categories
Companies in China Internet Content & Information Technology AI & Machine Learning
About

Visual China Group Co.,Ltd., together with its subsidiaries, provides internet media and other services in China and internationally. It offers community services, such as sharing and communication, content display, and competition activities; value-added services and AI-enabled digital content copyright trading platform. The company was founded in 1994 and is based in Beijing, China.

Visual China Group Co Ltd (000681) - Net Assets

Latest net assets as of September 2025: CN¥3.66 Billion CNY

Based on the latest financial reports, Visual China Group Co Ltd (000681) has net assets worth CN¥3.66 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.43 Billion) and total liabilities (CN¥766.48 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 CN¥3.66 Billion
% of Total Assets 82.68%
Annual Growth Rate 16.25%
5-Year Change 13.77%
10-Year Change 70.73%
Growth Volatility 128.04

Visual China Group Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Visual China Group Co 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 Visual China Group Co Ltd (1993–2024)

The table below shows the annual net assets of Visual China Group Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.61 Billion +3.13%
2023-12-31 CN¥3.50 Billion +3.58%
2022-12-31 CN¥3.38 Billion +3.39%
2021-12-31 CN¥3.26 Billion +3.01%
2020-12-31 CN¥3.17 Billion +3.10%
2019-12-31 CN¥3.07 Billion +5.63%
2018-12-31 CN¥2.91 Billion +11.76%
2017-12-31 CN¥2.60 Billion +11.59%
2016-12-31 CN¥2.33 Billion +10.47%
2015-12-31 CN¥2.11 Billion +52.75%
2014-12-31 CN¥1.38 Billion +717.24%
2013-12-31 CN¥169.17 Million +8.40%
2012-12-31 CN¥156.07 Million +12.74%
2011-12-31 CN¥138.43 Million +7.10%
2010-12-31 CN¥129.26 Million +0.54%
2009-12-31 CN¥128.56 Million +3.21%
2008-12-31 CN¥124.57 Million -24.93%
2007-12-31 CN¥165.94 Million -43.30%
2006-12-31 CN¥292.64 Million -12.46%
2005-12-31 CN¥334.30 Million +2.31%
2004-12-31 CN¥326.76 Million -7.51%
2003-12-31 CN¥353.30 Million +1.97%
2002-12-31 CN¥346.47 Million -2.03%
2001-12-31 CN¥353.64 Million +6.12%
2000-12-31 CN¥333.25 Million +93.12%
1999-12-31 CN¥172.56 Million +26.08%
1998-12-31 CN¥136.86 Million -3.39%
1997-12-31 CN¥141.67 Million +114.05%
1996-12-31 CN¥66.19 Million +16.70%
1995-12-31 CN¥56.71 Million +9.47%
1994-12-31 CN¥51.81 Million +53.14%
1993-12-31 CN¥33.83 Million --

Equity Component Analysis

This analysis shows how different components contribute to Visual China Group 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 297245.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.86 Billion 52.07%
Common Stock CN¥73.89 Million 2.07%
Other Components CN¥1.64 Billion 45.86%
Total Equity CN¥3.57 Billion 100.00%

Visual China Group Co Ltd Competitors by Market Cap

The table below lists competitors of Visual China Group Co Ltd ranked by their market capitalization.

Company Market Cap
7RN
F:7RN
 		$1.46 Billion
United Internet AG
PINK:UDIRF
 		$1.47 Billion
STELLAR BANCORP DL -01
F:C9N0
 		$1.47 Billion
TPG Telecom Limited
PINK:TPGTF
 		$1.47 Billion
Titan Wind Energy Suzhou
SHE:002531
 		$1.46 Billion
Sichuan Tuopai Shede Wine Co Ltd
SHG:600702
 		$1.46 Billion
NEXTNAV INC. DL-0001
F:KK0
 		$1.46 Billion
Shanxi Securities Co Ltd
SHE:002500
 		$1.46 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Visual China Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,467,539,609 to 3,570,002,545, a change of 102,462,936 (3.0%).
  • Net income of 119,146,645 contributed positively to equity growth.
  • Dividend payments of 28,842,029 reduced retained earnings.
  • Share repurchases of 5,983,838 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥119.15 Million +3.34%
Dividends Paid CN¥28.84 Million -0.81%
Share Repurchases CN¥5.98 Million -0.17%
Other Changes CN¥18.14 Million +0.51%
Total Change CN¥- 2.95%

Book Value vs Market Value Analysis

This analysis compares Visual China Group 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: 4.41x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 124.64x to 4.41x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.18 CN¥22.44 x
1994-12-31 CN¥0.28 CN¥22.44 x
1995-12-31 CN¥0.30 CN¥22.44 x
1996-12-31 CN¥0.35 CN¥22.44 x
1997-12-31 CN¥0.70 CN¥22.44 x
1998-12-31 CN¥0.72 CN¥22.44 x
1999-12-31 CN¥0.88 CN¥22.44 x
2000-12-31 CN¥1.73 CN¥22.44 x
2001-12-31 CN¥1.78 CN¥22.44 x
2002-12-31 CN¥1.78 CN¥22.44 x
2003-12-31 CN¥1.82 CN¥22.44 x
2004-12-31 CN¥1.68 CN¥22.44 x
2005-12-31 CN¥1.71 CN¥22.44 x
2006-12-31 CN¥1.41 CN¥22.44 x
2007-12-31 CN¥0.81 CN¥22.44 x
2008-12-31 CN¥0.64 CN¥22.44 x
2009-12-31 CN¥0.62 CN¥22.44 x
2010-12-31 CN¥0.61 CN¥22.44 x
2011-12-31 CN¥0.74 CN¥22.44 x
2012-12-31 CN¥0.67 CN¥22.44 x
2013-12-31 CN¥0.32 CN¥22.44 x
2014-12-31 CN¥2.25 CN¥22.44 x
2015-12-31 CN¥3.04 CN¥22.44 x
2016-12-31 CN¥3.28 CN¥22.44 x
2017-12-31 CN¥3.67 CN¥22.44 x
2018-12-31 CN¥4.13 CN¥22.44 x
2019-12-31 CN¥4.39 CN¥22.44 x
2020-12-31 CN¥4.52 CN¥22.44 x
2021-12-31 CN¥4.65 CN¥22.44 x
2022-12-31 CN¥4.81 CN¥22.44 x
2023-12-31 CN¥4.95 CN¥22.44 x
2024-12-31 CN¥5.09 CN¥22.44 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Visual China Group 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): 3.34%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.69%
  • • Asset Turnover: 0.19x
  • • Equity Multiplier: 1.20x
  • Recent ROE (3.34%) is below the historical average (5.37%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 28.46% 12.00% 0.74x 3.21x CN¥6.24 Million
1994 20.64% 7.67% 1.15x 2.34x CN¥5.51 Million
1995 21.52% 8.02% 1.39x 1.94x CN¥6.53 Million
1996 24.36% 6.35% 1.82x 2.11x CN¥9.33 Million
1997 15.79% 8.31% 1.03x 1.84x CN¥7.61 Million
1998 13.29% 7.11% 1.20x 1.56x CN¥4.46 Million
1999 13.26% 8.51% 1.08x 1.44x CN¥5.37 Million
2000 8.97% 9.23% 0.71x 1.37x CN¥-3.33 Million
2001 4.84% 4.84% 0.77x 1.30x CN¥-17.24 Million
2002 0.24% 0.25% 0.84x 1.17x CN¥-32.69 Million
2003 1.87% 1.80% 0.86x 1.21x CN¥-27.79 Million
2004 -8.95% -12.15% 0.63x 1.16x CN¥-59.85 Million
2005 1.46% 2.42% 0.53x 1.14x CN¥-27.39 Million
2006 -14.65% -77.28% 0.16x 1.18x CN¥-69.22 Million
2007 -75.27% -308.82% 0.19x 1.25x CN¥-137.74 Million
2008 -26.64% -219.08% 0.10x 1.28x CN¥-45.56 Million
2009 3.21% 147.10% 0.02x 1.09x CN¥-8.72 Million
2010 0.49% 445.64% 0.00x 1.02x CN¥-12.28 Million
2011 4.07% 29.86% 0.13x 1.02x CN¥-8.21 Million
2012 4.48% 17.98% 0.19x 1.34x CN¥-8.00 Million
2013 53.78% 30.66% 1.26x 1.40x CN¥65.40 Million
2014 10.43% 36.25% 0.26x 1.12x CN¥5.90 Million
2015 7.57% 29.02% 0.20x 1.33x CN¥-50.49 Million
2016 9.35% 29.19% 0.21x 1.53x CN¥-15.02 Million
2017 11.30% 35.70% 0.20x 1.59x CN¥33.57 Million
2018 11.11% 32.52% 0.23x 1.46x CN¥32.20 Million
2019 7.13% 30.33% 0.18x 1.34x CN¥-88.32 Million
2020 4.47% 24.81% 0.14x 1.28x CN¥-174.99 Million
2021 4.69% 23.26% 0.17x 1.21x CN¥-173.02 Million
2022 2.91% 14.09% 0.18x 1.16x CN¥-238.90 Million
2023 4.20% 18.65% 0.19x 1.21x CN¥-201.16 Million
2024 3.34% 14.69% 0.19x 1.20x CN¥-237.85 Million

Industry Comparison

This section compares Visual China Group Co 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: $776,742,506
  • Average return on equity (ROE) among peers: -25.46%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Visual China Group Co Ltd (000681) CN¥3.66 Billion 28.46% 0.21x $1.46 Billion
Shanghai Ganglian E Commerce (300226) $71.66 Million 27.44% 0.77x $799.45 Million
Everyday Network (300295) $681.22 Million 14.87% 0.05x $226.32 Million
Hubei Century Network Technology Co Ltd (300494) $1.44 Billion -18.09% 0.12x $605.35 Million
Beijing Zhidemai Technology (300785) $1.78 Billion 10.09% 0.25x $680.81 Million
Zhejiang Daily Media Group Co Ltd (600633) $18.96 Million -243.09% 36.27x $1.11 Billion
Xinhuanet Co Ltd (603888) $697.22 Million 24.00% 0.67x $677.99 Million
Beijing Bohui Science & Technology Co Ltd (688004) $748.14 Million 6.57% 0.12x $130.87 Million