37 Interactive Entertainment Network Technology Group Co Ltd
37 Interactive Entertainment Network Technology Group Co., Ltd., develops, distributes, and operates online games in China. The company offers its products under Sanqi Games, 37 Mobile Games, 37GAMES, and 37 Online Games brand. It is also involved in education business under the Miao Xiaocheng brand. The company was founded in 1995 and is headquartered in Guangzhou, China.
37 Interactive Entertainment Network Technology Group Co Ltd (002555) - Net Assets
Latest net assets as of September 2025: CN¥13.59 Billion CNY
Based on the latest financial reports, 37 Interactive Entertainment Network Technology Group Co Ltd (002555) has net assets worth CN¥13.59 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¥21.34 Billion) and total liabilities (CN¥7.74 Billion). 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¥13.59 Billion |
| % of Total Assets | 63.71% |
| Annual Growth Rate | 35.69% |
| 5-Year Change | 114.6% |
| 10-Year Change | 250.76% |
| Growth Volatility | 94.4 |
37 Interactive Entertainment Network Technology Group Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how 37 Interactive Entertainment Network Technology 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 37 Interactive Entertainment Network Technology Group Co Ltd (2007–2024)
The table below shows the annual net assets of 37 Interactive Entertainment Network Technology Group Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.02 Billion | +1.59% |
| 2023-12-31 | CN¥12.81 Billion | +4.06% |
| 2022-12-31 | CN¥12.31 Billion | +13.40% |
| 2021-12-31 | CN¥10.86 Billion | +79.00% |
| 2020-12-31 | CN¥6.07 Billion | -16.84% |
| 2019-12-31 | CN¥7.29 Billion | +19.30% |
| 2018-12-31 | CN¥6.11 Billion | -16.10% |
| 2017-12-31 | CN¥7.29 Billion | +54.08% |
| 2016-12-31 | CN¥4.73 Billion | +27.44% |
| 2015-12-31 | CN¥3.71 Billion | +30.62% |
| 2014-12-31 | CN¥2.84 Billion | +285.21% |
| 2013-12-31 | CN¥737.54 Million | -4.72% |
| 2012-12-31 | CN¥774.06 Million | +1.16% |
| 2011-12-31 | CN¥765.21 Million | +319.75% |
| 2010-12-31 | CN¥182.30 Million | +27.41% |
| 2009-12-31 | CN¥143.08 Million | +51.34% |
| 2008-12-31 | CN¥94.54 Million | +30.16% |
| 2007-12-31 | CN¥72.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 37 Interactive Entertainment Network Technology 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 63069.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥7.88 Billion | 60.97% |
| Common Stock | CN¥2.22 Billion | 17.17% |
| Other Comprehensive Income | CN¥549.88 Million | 4.26% |
| Other Components | CN¥2.27 Billion | 17.60% |
| Total Equity | CN¥12.92 Billion | 100.00% |
37 Interactive Entertainment Network Technology Group Co Ltd Competitors by Market Cap
The table below lists competitors of 37 Interactive Entertainment Network Technology Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sailun Jinyu Group Co Ltd
SHG:601058
|
$4.16 Billion |
|
Seiko Epson Corporation
PINK:SEKEF
|
$4.16 Billion |
|
Samsung Securities
KO:016360
|
$4.16 Billion |
|
Hua Xia Bank Co Ltd
SHG:600015
|
$4.16 Billion |
|
AAR Corp
NYSE:AIR
|
$4.16 Billion |
|
Nordnet AB
ST:SAVE
|
$4.15 Billion |
|
TTVSY
PINK:TTVSY
|
$4.15 Billion |
|
Broadex Technologies Co Ltd
SHE:300548
|
$4.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 37 Interactive Entertainment Network Technology Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,706,945,000 to 12,920,730,000, a change of 213,785,000 (1.7%).
- Net income of 2,673,021,328 contributed positively to equity growth.
- Dividend payments of 2,263,396,000 reduced retained earnings.
- Share repurchases of 100,704,439 reduced equity.
- Other comprehensive income decreased equity by 113,149,892.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.67 Billion | +20.69% |
| Dividends Paid | CN¥2.26 Billion | -17.52% |
| Share Repurchases | CN¥100.70 Million | -0.78% |
| Other Comprehensive Income | CN¥-113.15 Million | -0.88% |
| Other Changes | CN¥18.01 Million | +0.14% |
| Total Change | CN¥- | 1.68% |
Book Value vs Market Value Analysis
This analysis compares 37 Interactive Entertainment Network Technology 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: 4.07x
- 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 177.67x to 4.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.13 | CN¥23.90 | x |
| 2008-12-31 | CN¥0.18 | CN¥23.90 | x |
| 2009-12-31 | CN¥0.26 | CN¥23.90 | x |
| 2010-12-31 | CN¥0.34 | CN¥23.90 | x |
| 2011-12-31 | CN¥1.11 | CN¥23.90 | x |
| 2012-12-31 | CN¥1.11 | CN¥23.90 | x |
| 2013-12-31 | CN¥1.11 | CN¥23.90 | x |
| 2014-12-31 | CN¥3.11 | CN¥23.90 | x |
| 2015-12-31 | CN¥2.04 | CN¥23.90 | x |
| 2016-12-31 | CN¥2.16 | CN¥23.90 | x |
| 2017-12-31 | CN¥3.29 | CN¥23.90 | x |
| 2018-12-31 | CN¥2.78 | CN¥23.90 | x |
| 2019-12-31 | CN¥3.33 | CN¥23.90 | x |
| 2020-12-31 | CN¥2.86 | CN¥23.90 | x |
| 2021-12-31 | CN¥4.91 | CN¥23.90 | x |
| 2022-12-31 | CN¥5.53 | CN¥23.90 | x |
| 2023-12-31 | CN¥5.74 | CN¥23.90 | x |
| 2024-12-31 | CN¥5.87 | CN¥23.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 37 Interactive Entertainment Network Technology 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): 20.69%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.33%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.52x
- Recent ROE (20.69%) is above the historical average (20.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 35.37% | 18.50% | 0.70x | 2.75x | CN¥18.43 Million |
| 2008 | 23.17% | 11.55% | 0.96x | 2.10x | CN¥12.45 Million |
| 2009 | 27.02% | 16.35% | 0.82x | 2.01x | CN¥24.35 Million |
| 2010 | 27.00% | 15.54% | 0.79x | 2.19x | CN¥30.99 Million |
| 2011 | 5.32% | 12.03% | 0.40x | 1.10x | CN¥-35.83 Million |
| 2012 | 1.66% | 4.16% | 0.38x | 1.06x | CN¥-64.54 Million |
| 2013 | 0.50% | 1.43% | 0.32x | 1.09x | CN¥-70.07 Million |
| 2014 | 1.44% | 6.39% | 0.18x | 1.29x | CN¥-226.26 Million |
| 2015 | 14.20% | 10.87% | 1.01x | 1.30x | CN¥149.68 Million |
| 2016 | 23.66% | 20.39% | 0.82x | 1.41x | CN¥617.80 Million |
| 2017 | 23.10% | 26.19% | 0.68x | 1.31x | CN¥918.91 Million |
| 2018 | 16.89% | 13.21% | 0.91x | 1.41x | CN¥411.24 Million |
| 2019 | 30.09% | 15.99% | 1.30x | 1.44x | CN¥1.41 Billion |
| 2020 | 45.73% | 19.17% | 1.36x | 1.75x | CN¥2.16 Billion |
| 2021 | 26.69% | 17.73% | 1.12x | 1.34x | CN¥1.80 Billion |
| 2022 | 24.25% | 18.01% | 0.96x | 1.40x | CN¥1.74 Billion |
| 2023 | 20.92% | 16.07% | 0.86x | 1.51x | CN¥1.39 Billion |
| 2024 | 20.69% | 15.33% | 0.89x | 1.52x | CN¥1.38 Billion |
Industry Comparison
This section compares 37 Interactive Entertainment Network Technology Group Co Ltd's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $1,096,015,007
- Average return on equity (ROE) among peers: 13.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 37 Interactive Entertainment Network Technology Group Co Ltd (002555) | CN¥13.59 Billion | 35.37% | 0.57x | $4.16 Billion |
| YOUZU Interactive Co Ltd (002174) | $225.02 Million | 4.38% | 0.54x | $1.27 Billion |
| Dalian Zeus Entertainment (002354) | $2.76 Billion | 1.55% | 0.30x | $1.31 Billion |
| Kaiser China Holding Co Ltd (002425) | $278.18 Million | 20.99% | 0.21x | $367.04 Million |
| Kingnet Network Co Ltd (002517) | $645.22 Million | 9.71% | 0.07x | $4.42 Billion |
| Giant Network Group Co Ltd (002558) | $100.63 Million | 25.98% | 0.77x | $5.15 Billion |
| Zhejiang Century Huatong Group Co Ltd (002602) | $3.99 Billion | 10.21% | 0.27x | $12.35 Billion |
| Shenzhen Zqgame (300052) | $170.25 Million | 24.16% | 0.10x | $384.52 Million |
| Hangzhou Shunwang Tech (300113) | $808.30 Million | 11.40% | 0.11x | $1.61 Billion |
| Ourpalm (300315) | $881.90 Million | 9.33% | 0.04x | $1.78 Billion |