Ciwen Media Co Ltd
Ciwen Media Co.,Ltd. engages in the film, television dramas, game products, channel promotions, and artist management businesses in China and internationally. It offers TV dramas, online dramas, movies, online movies, etc. Ciwen Media Co.,Ltd. was formerly known as Zhejiang Hexin Industry Group Co. Ltd and changed its name to Ciwen Media Co.,Ltd. in January 2016. The company was incorporated in 1… Read more
Ciwen Media Co Ltd (002343) - Net Assets
Latest net assets as of September 2025: CN¥954.65 Million CNY
Based on the latest financial reports, Ciwen Media Co Ltd (002343) has net assets worth CN¥954.65 Million 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¥1.76 Billion) and total liabilities (CN¥809.84 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¥954.65 Million |
| % of Total Assets | 54.1% |
| Annual Growth Rate | 5.84% |
| 5-Year Change | -14.66% |
| 10-Year Change | -7.5% |
| Growth Volatility | 44.94 |
Ciwen Media Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Ciwen Media 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 Ciwen Media Co Ltd (2006–2024)
The table below shows the annual net assets of Ciwen Media Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥989.85 Million | -0.79% |
| 2023-12-31 | CN¥997.78 Million | +2.82% |
| 2022-12-31 | CN¥970.39 Million | +5.66% |
| 2021-12-31 | CN¥918.42 Million | -20.82% |
| 2020-12-31 | CN¥1.16 Billion | -31.29% |
| 2019-12-31 | CN¥1.69 Billion | +10.22% |
| 2018-12-31 | CN¥1.53 Billion | -43.40% |
| 2017-12-31 | CN¥2.71 Billion | +97.72% |
| 2016-12-31 | CN¥1.37 Billion | +27.87% |
| 2015-12-31 | CN¥1.07 Billion | -19.61% |
| 2014-12-31 | CN¥1.33 Billion | -4.15% |
| 2013-12-31 | CN¥1.39 Billion | -1.12% |
| 2012-12-31 | CN¥1.40 Billion | +7.75% |
| 2011-12-31 | CN¥1.30 Billion | +0.99% |
| 2010-12-31 | CN¥1.29 Billion | +155.30% |
| 2009-12-31 | CN¥505.57 Million | +26.35% |
| 2008-12-31 | CN¥400.14 Million | +11.61% |
| 2007-12-31 | CN¥358.51 Million | +0.67% |
| 2006-12-31 | CN¥356.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ciwen Media 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 decreased by 530.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥601.57 Million | 60.34% |
| Other Comprehensive Income | CN¥87.92 Million | 8.82% |
| Other Components | CN¥806.66 Million | 80.91% |
| Total Equity | CN¥996.94 Million | 100.00% |
Ciwen Media Co Ltd Competitors by Market Cap
The table below lists competitors of Ciwen Media Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marshall Boya ve Vernik Sanayi AS
IS:MRSHL
|
$335.34 Million |
|
HOPSON DEV. (PB/L) HD-10
F:HVP0
|
$335.36 Million |
|
BETAGRO
BK:BTG-R
|
$335.45 Million |
|
Hamaton Automotive Technology Co Ltd
SHE:300643
|
$335.47 Million |
|
Troax Group AB
ST:TROAX
|
$335.22 Million |
|
INTERCOS S.P.A.
F:2AQ
|
$335.17 Million |
|
Restaurant Brands Asia Limited
NSE:RBA
|
$335.16 Million |
|
BlueLinx Holdings Inc
NYSE:BXC
|
$335.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ciwen Media Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 966,918,000 to 996,941,000, a change of 30,023,000 (3.1%).
- Net income of 30,347,806 contributed positively to equity growth.
- Dividend payments of 3,740,000 reduced retained earnings.
- Other comprehensive income increased equity by 83,791,943.
- Other factors decreased equity by 80,376,749.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥30.35 Million | +3.04% |
| Dividends Paid | CN¥3.74 Million | -0.38% |
| Other Comprehensive Income | CN¥83.79 Million | +8.4% |
| Other Changes | CN¥-80.38 Million | -8.06% |
| Total Change | CN¥- | 3.11% |
Book Value vs Market Value Analysis
This analysis compares Ciwen Media 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: 3.35x
- 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 5.63x to 3.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥1.17 | CN¥6.60 | x |
| 2007-12-31 | CN¥1.20 | CN¥6.60 | x |
| 2008-12-31 | CN¥1.37 | CN¥6.60 | x |
| 2009-12-31 | CN¥1.69 | CN¥6.60 | x |
| 2010-12-31 | CN¥8.20 | CN¥6.60 | x |
| 2011-12-31 | CN¥4.18 | CN¥6.60 | x |
| 2012-12-31 | CN¥4.29 | CN¥6.60 | x |
| 2013-12-31 | CN¥4.25 | CN¥6.60 | x |
| 2014-12-31 | CN¥2.17 | CN¥6.60 | x |
| 2015-12-31 | CN¥2.89 | CN¥6.60 | x |
| 2016-12-31 | CN¥3.05 | CN¥6.60 | x |
| 2017-12-31 | CN¥5.94 | CN¥6.60 | x |
| 2018-12-31 | CN¥3.10 | CN¥6.60 | x |
| 2019-12-31 | CN¥3.10 | CN¥6.60 | x |
| 2020-12-31 | CN¥2.36 | CN¥6.60 | x |
| 2021-12-31 | CN¥1.88 | CN¥6.60 | x |
| 2022-12-31 | CN¥1.91 | CN¥6.60 | x |
| 2023-12-31 | CN¥2.10 | CN¥6.60 | x |
| 2024-12-31 | CN¥1.97 | CN¥6.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ciwen Media 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): 3.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.29%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.62x
- Recent ROE (3.04%) is below the historical average (3.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 9.78% | 2.17% | 1.11x | 4.06x | CN¥-545.90K |
| 2007 | 20.25% | 4.59% | 1.33x | 3.31x | CN¥25.58 Million |
| 2008 | 17.49% | 4.33% | 1.51x | 2.68x | CN¥21.32 Million |
| 2009 | 24.94% | 7.90% | 1.38x | 2.28x | CN¥52.22 Million |
| 2010 | 8.29% | 6.69% | 0.89x | 1.39x | CN¥-19.06 Million |
| 2011 | 6.93% | 5.58% | 0.96x | 1.30x | CN¥-35.60 Million |
| 2012 | 6.08% | 5.33% | 0.80x | 1.42x | CN¥-46.72 Million |
| 2013 | 4.44% | 3.59% | 0.81x | 1.53x | CN¥-65.64 Million |
| 2014 | 17.76% | 7.53% | 0.92x | 2.55x | CN¥53.10 Million |
| 2015 | 18.76% | 23.27% | 0.30x | 2.73x | CN¥93.02 Million |
| 2016 | 21.57% | 15.89% | 0.46x | 2.94x | CN¥155.59 Million |
| 2017 | 15.49% | 24.52% | 0.31x | 2.05x | CN¥144.80 Million |
| 2018 | -74.14% | -76.26% | 0.44x | 2.20x | CN¥-1.24 Billion |
| 2019 | 11.20% | 14.06% | 0.45x | 1.78x | CN¥17.67 Million |
| 2020 | -32.04% | -53.20% | 0.27x | 2.20x | CN¥-470.58 Million |
| 2021 | -26.21% | -57.73% | 0.23x | 1.97x | CN¥-323.24 Million |
| 2022 | 5.24% | 10.56% | 0.29x | 1.73x | CN¥-44.69 Million |
| 2023 | 2.86% | 5.99% | 0.36x | 1.31x | CN¥-69.06 Million |
| 2024 | 3.04% | 8.29% | 0.23x | 1.62x | CN¥-69.35 Million |
Industry Comparison
This section compares Ciwen Media Co Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $4,257,662,385
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ciwen Media Co Ltd (002343) | CN¥954.65 Million | 9.78% | 0.85x | $335.25 Million |
| Wasu Media Holding Co Ltd (000156) | $14.50 Billion | 6.25% | 0.77x | $980.45 Million |
| Huawen Media Investment Corp (000793) | $2.81 Billion | 5.92% | 0.29x | $664.17 Million |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $1.52 Billion | -4.02% | 1.27x | $328.72 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $6.93 Billion | 5.07% | 0.59x | $1.22 Billion |
| Bona Film Group Co Ltd (001330) | $4.89 Billion | 5.40% | 1.13x | $813.59 Million |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $4.00 Billion | -40.75% | 0.67x | $964.40 Million |
| Perfect World Co Ltd (002624) | $486.22 Million | 11.14% | 0.44x | $3.48 Billion |
| Wanda Cinema Line Corp (002739) | $3.00 Billion | 26.67% | 0.52x | $2.39 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $180.05 Million | 15.70% | 0.33x | $250.22 Million |