Ciwen Media Co Ltd (002343) - Net Assets
Based on the latest financial reports, Ciwen Media Co Ltd (002343) has net assets worth CN¥954.65 Million CNY (≈ $139.70 Million 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¥1.76 Billion ≈ $258.20 Million USD) and total liabilities (CN¥809.84 Million ≈ $118.51 Million 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 Ciwen Media Co Ltd (002343) tangible net worth to evaluate the tangible quality of the company's equity base.
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. See how many days can Ciwen Media Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see Ciwen Media Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥989.85 Million ≈ $144.85 Million |
-0.79% |
| 2023-12-31 | CN¥997.78 Million ≈ $146.01 Million |
+2.82% |
| 2022-12-31 | CN¥970.39 Million ≈ $142.00 Million |
+5.66% |
| 2021-12-31 | CN¥918.42 Million ≈ $134.39 Million |
-20.82% |
| 2020-12-31 | CN¥1.16 Billion ≈ $169.72 Million |
-31.29% |
| 2019-12-31 | CN¥1.69 Billion ≈ $247.00 Million |
+10.22% |
| 2018-12-31 | CN¥1.53 Billion ≈ $224.09 Million |
-43.40% |
| 2017-12-31 | CN¥2.71 Billion ≈ $395.90 Million |
+97.72% |
| 2016-12-31 | CN¥1.37 Billion ≈ $200.23 Million |
+27.87% |
| 2015-12-31 | CN¥1.07 Billion ≈ $156.59 Million |
-19.61% |
| 2014-12-31 | CN¥1.33 Billion ≈ $194.79 Million |
-4.15% |
| 2013-12-31 | CN¥1.39 Billion ≈ $203.24 Million |
-1.12% |
| 2012-12-31 | CN¥1.40 Billion ≈ $205.53 Million |
+7.75% |
| 2011-12-31 | CN¥1.30 Billion ≈ $190.75 Million |
+0.99% |
| 2010-12-31 | CN¥1.29 Billion ≈ $188.88 Million |
+155.30% |
| 2009-12-31 | CN¥505.57 Million ≈ $73.98 Million |
+26.35% |
| 2008-12-31 | CN¥400.14 Million ≈ $58.55 Million |
+11.61% |
| 2007-12-31 | CN¥358.51 Million ≈ $52.46 Million |
+0.67% |
| 2006-12-31 | CN¥356.13 Million ≈ $52.11 Million |
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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 |
|---|---|
|
CapMan Oyj B
HE:CAPMAN
|
$327.18 Million |
|
Asia Aviation Public Company Limited
F:55AA
|
$327.67 Million |
|
Meteoric Resources NL
AU:MEI
|
$327.69 Million |
|
Shaanxi Broadcast & TV Network Intermediary Group Co Ltd
SHG:600831
|
$327.71 Million |
|
Nanjing Toua Hardware&Tools Co.Ltd.
SHE:301125
|
$327.13 Million |
|
Gaumont SA
PA:GAM
|
$327.08 Million |
|
Orion Engineered Carbons SA
F:0OE
|
$327.05 Million |
|
RMR Group Inc
NASDAQ:RMR
|
$327.02 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: 2.39x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.03x to 2.39x 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¥4.72 | x |
| 2007-12-31 | CN¥1.20 | CN¥4.72 | x |
| 2008-12-31 | CN¥1.37 | CN¥4.72 | x |
| 2009-12-31 | CN¥1.69 | CN¥4.72 | x |
| 2010-12-31 | CN¥8.20 | CN¥4.72 | x |
| 2011-12-31 | CN¥4.18 | CN¥4.72 | x |
| 2012-12-31 | CN¥4.29 | CN¥4.72 | x |
| 2013-12-31 | CN¥4.25 | CN¥4.72 | x |
| 2014-12-31 | CN¥2.17 | CN¥4.72 | x |
| 2015-12-31 | CN¥2.89 | CN¥4.72 | x |
| 2016-12-31 | CN¥3.05 | CN¥4.72 | x |
| 2017-12-31 | CN¥5.94 | CN¥4.72 | x |
| 2018-12-31 | CN¥3.10 | CN¥4.72 | x |
| 2019-12-31 | CN¥3.10 | CN¥4.72 | x |
| 2020-12-31 | CN¥2.36 | CN¥4.72 | x |
| 2021-12-31 | CN¥1.88 | CN¥4.72 | x |
| 2022-12-31 | CN¥1.91 | CN¥4.72 | x |
| 2023-12-31 | CN¥2.10 | CN¥4.72 | x |
| 2024-12-31 | CN¥1.97 | CN¥4.72 | 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: $4,714,701,022
- Average return on equity (ROE) among peers: -0.81%
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 | $327.16 Million |
| Wasu Media Holding Co Ltd (000156) | $15.21 Billion | 4.53% | 0.93x | $1.82 Billion |
| Huawen Media Investment Corp (000793) | $190.69 Million | 11.67% | 0.42x | $768.64 Million |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $1.70 Billion | -45.18% | 1.66x | $422.18 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $573.01 Million | -15.88% | 9.85x | $1.49 Billion |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $2.96 Billion | 2.43% | 0.39x | $1.40 Billion |
| Perfect World Co Ltd (002624) | $9.42 Billion | 5.21% | 0.54x | $3.61 Billion |
| Wanda Cinema Line Corp (002739) | $11.71 Billion | 12.94% | 0.98x | $2.48 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $431.21 Million | -11.82% | 0.38x | $297.43 Million |
| Guangzhou Jinyi Media Corp (002905) | $230.69 Million | 28.80% | 2.28x | $397.59 Million |
About 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