Dalian Zeus Entertainment (002354) - Net Assets
Based on the latest financial reports, Dalian Zeus Entertainment (002354) has net assets worth CN¥1.33 Billion CNY (≈ $194.18 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¥1.98 Billion ≈ $289.08 Million USD) and total liabilities (CN¥648.57 Million ≈ $94.91 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 Dalian Zeus Entertainment liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.33 Billion |
| % of Total Assets | 67.17% |
| Annual Growth Rate | 16.19% |
| 5-Year Change | -56.31% |
| 10-Year Change | -74.6% |
| Growth Volatility | 160.66 |
Dalian Zeus Entertainment - Net Assets Trend (2006–2024)
This chart illustrates how Dalian Zeus Entertainment's net assets have evolved over time, based on quarterly financial data. Also explore 002354 asset base for the complete picture of this company's asset base.
Annual Net Assets for Dalian Zeus Entertainment (2006–2024)
The table below shows the annual net assets of Dalian Zeus Entertainment from 2006 to 2024. For live valuation and market cap data, see market value of Dalian Zeus Entertainment.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.26 Billion ≈ $184.71 Million |
-17.28% |
| 2023-12-31 | CN¥1.53 Billion ≈ $223.30 Million |
-36.43% |
| 2022-12-31 | CN¥2.40 Billion ≈ $351.28 Million |
-13.06% |
| 2021-12-31 | CN¥2.76 Billion ≈ $404.07 Million |
-4.42% |
| 2020-12-31 | CN¥2.89 Billion ≈ $422.73 Million |
+241.75% |
| 2019-12-31 | CN¥845.33 Million ≈ $123.70 Million |
-63.93% |
| 2018-12-31 | CN¥2.34 Billion ≈ $342.96 Million |
-75.45% |
| 2017-12-31 | CN¥9.55 Billion ≈ $1.40 Billion |
+67.22% |
| 2016-12-31 | CN¥5.71 Billion ≈ $835.40 Million |
+14.89% |
| 2015-12-31 | CN¥4.97 Billion ≈ $727.13 Million |
+649.46% |
| 2014-12-31 | CN¥663.02 Million ≈ $97.02 Million |
+41.66% |
| 2013-12-31 | CN¥468.02 Million ≈ $68.49 Million |
+1.80% |
| 2012-12-31 | CN¥459.75 Million ≈ $67.28 Million |
-5.06% |
| 2011-12-31 | CN¥484.27 Million ≈ $70.86 Million |
+6.80% |
| 2010-12-31 | CN¥453.43 Million ≈ $66.35 Million |
+157.99% |
| 2009-12-31 | CN¥175.75 Million ≈ $25.72 Million |
+20.41% |
| 2008-12-31 | CN¥145.96 Million ≈ $21.36 Million |
+28.93% |
| 2007-12-31 | CN¥113.21 Million ≈ $16.57 Million |
+33.65% |
| 2006-12-31 | CN¥84.71 Million ≈ $12.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dalian Zeus Entertainment'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 744317306500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.65 Billion | 135.54% |
| Other Components | CN¥7.01 Billion | 574.20% |
| Total Equity | CN¥1.22 Billion | 100.00% |
Dalian Zeus Entertainment Competitors by Market Cap
The table below lists competitors of Dalian Zeus Entertainment ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd
SHG:601528
|
$1.50 Billion |
|
Zhejiang Hisoar Pharmaceutical Co Ltd
SHE:002099
|
$1.50 Billion |
|
Innovative Medical Management Co Ltd
SHE:002173
|
$1.50 Billion |
|
Ruentex Industries Ltd
TW:2915
|
$1.50 Billion |
|
China Yuchai International Limited
NYSE:CYD
|
$1.50 Billion |
|
Healthcare Services Group Inc
NASDAQ:HCSG
|
$1.50 Billion |
|
Chang Wah Technology Co Ltd
TWO:6548
|
$1.50 Billion |
|
Nyfosa AB (publ)
ST:NYF
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dalian Zeus Entertainment's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,503,952,254 to 1,220,694,471, a change of -283,257,783 (-18.8%).
- Net loss of 117,947,976 reduced equity.
- Dividend payments of 281,409 reduced retained earnings.
- Other factors decreased equity by 165,028,398.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-117.95 Million | -9.66% |
| Dividends Paid | CN¥281.41K | -0.02% |
| Other Changes | CN¥-165.03 Million | -13.52% |
| Total Change | CN¥- | -18.83% |
Book Value vs Market Value Analysis
This analysis compares Dalian Zeus Entertainment'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: 8.40x
- 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 increased from 6.17x to 8.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥1.00 | CN¥6.20 | x |
| 2007-12-31 | CN¥1.41 | CN¥6.20 | x |
| 2008-12-31 | CN¥1.86 | CN¥6.20 | x |
| 2009-12-31 | CN¥2.26 | CN¥6.20 | x |
| 2010-12-31 | CN¥4.94 | CN¥6.20 | x |
| 2011-12-31 | CN¥4.85 | CN¥6.20 | x |
| 2012-12-31 | CN¥4.93 | CN¥6.20 | x |
| 2013-12-31 | CN¥3.62 | CN¥6.20 | x |
| 2014-12-31 | CN¥4.34 | CN¥6.20 | x |
| 2015-12-31 | CN¥21.84 | CN¥6.20 | x |
| 2016-12-31 | CN¥6.99 | CN¥6.20 | x |
| 2017-12-31 | CN¥10.58 | CN¥6.20 | x |
| 2018-12-31 | CN¥2.16 | CN¥6.20 | x |
| 2019-12-31 | CN¥0.83 | CN¥6.20 | x |
| 2020-12-31 | CN¥1.67 | CN¥6.20 | x |
| 2021-12-31 | CN¥1.62 | CN¥6.20 | x |
| 2022-12-31 | CN¥1.42 | CN¥6.20 | x |
| 2023-12-31 | CN¥0.91 | CN¥6.20 | x |
| 2024-12-31 | CN¥0.74 | CN¥6.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dalian Zeus Entertainment 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): -9.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.47%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.45x
- Recent ROE (-9.66%) is above the historical average (-20.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 37.81% | 12.11% | 1.40x | 2.22x | CN¥19.47 Million |
| 2007 | 29.07% | 10.56% | 1.14x | 2.41x | CN¥18.82 Million |
| 2008 | 24.21% | 11.03% | 1.00x | 2.20x | CN¥18.51 Million |
| 2009 | 17.26% | 11.49% | 0.73x | 2.04x | CN¥11.43 Million |
| 2010 | 2.63% | 3.71% | 0.43x | 1.64x | CN¥-31.90 Million |
| 2011 | 5.77% | 6.23% | 0.48x | 1.92x | CN¥-19.43 Million |
| 2012 | 4.67% | 5.81% | 0.41x | 1.98x | CN¥-24.52 Million |
| 2013 | 29.80% | 45.25% | 0.32x | 2.07x | CN¥92.67 Million |
| 2014 | 35.00% | 48.73% | 0.64x | 1.12x | CN¥165.53 Million |
| 2015 | 7.28% | 38.49% | 0.13x | 1.47x | CN¥-135.25 Million |
| 2016 | 9.57% | 32.64% | 0.23x | 1.29x | CN¥-24.28 Million |
| 2017 | 11.06% | 32.77% | 0.22x | 1.57x | CN¥97.73 Million |
| 2018 | -354.46% | -275.15% | 0.30x | 4.25x | CN¥-7.35 Billion |
| 2019 | -154.26% | -89.72% | 0.21x | 8.19x | CN¥-1.28 Billion |
| 2020 | 5.50% | 15.35% | 0.26x | 1.37x | CN¥-125.07 Million |
| 2021 | 1.59% | 2.42% | 0.49x | 1.33x | CN¥-225.93 Million |
| 2022 | -12.00% | -16.20% | 0.63x | 1.17x | CN¥-517.71 Million |
| 2023 | -72.28% | -61.72% | 0.87x | 1.35x | CN¥-1.24 Billion |
| 2024 | -9.66% | -7.47% | 0.89x | 1.45x | CN¥-240.02 Million |
Industry Comparison
This section compares Dalian Zeus Entertainment's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $5,236,396,082
- Average return on equity (ROE) among peers: 9.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dalian Zeus Entertainment (002354) | CN¥1.33 Billion | 37.81% | 0.49x | $1.50 Billion |
| YOUZU Interactive Co Ltd (002174) | $2.19 Billion | 23.56% | 0.34x | $1.47 Billion |
| Kaiser China Holding Co Ltd (002425) | $2.13 Billion | 3.79% | 0.25x | $498.37 Million |
| Kingnet Network Co Ltd (002517) | $587.09 Million | 6.45% | 0.08x | $5.62 Billion |
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | $6.07 Billion | 45.52% | 0.74x | $6.94 Billion |
| Giant Network Group Co Ltd (002558) | $606.42 Million | 6.63% | 0.03x | $9.29 Billion |
| Zhejiang Century Huatong Group Co Ltd (002602) | $25.35 Billion | -27.98% | 0.31x | $17.40 Billion |
| Shenzhen Zqgame (300052) | $842.05 Million | 6.14% | 0.71x | $449.47 Million |
| Hangzhou Shunwang Tech (300113) | $877.80 Million | 11.68% | 0.44x | $2.53 Billion |
| Ourpalm (300315) | $8.48 Billion | 6.00% | 0.23x | $1.99 Billion |
About Dalian Zeus Entertainment
Tianyu Digital Technology (Dalian) Group Co., Ltd. engages in the e-sport games and data traffic businesses in China. The company develops and operates online games, including web online games and mobile online games. It is also involved in the provision of internet and mobile internet advertising services. In addition, the company develops and operates mobile application distribution platforms; … Read more