Simei Media Co Ltd (002712) - Net Assets
Based on the latest financial reports, Simei Media Co Ltd (002712) has net assets worth CN¥1.44 Billion CNY (≈ $210.08 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.93 Billion ≈ $428.73 Million USD) and total liabilities (CN¥1.49 Billion ≈ $218.65 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 tangible equity quality of Simei Media Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.44 Billion |
| % of Total Assets | 49.0% |
| Annual Growth Rate | 12.81% |
| 5-Year Change | -28.69% |
| 10-Year Change | -5.77% |
| Growth Volatility | 36.86 |
Simei Media Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Simei Media Co Ltd's net assets have evolved over time, based on quarterly financial data. See Simei Media Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Simei Media Co Ltd (2009–2025)
The table below shows the annual net assets of Simei Media Co Ltd from 2009 to 2025. For live valuation and market cap data, see Simei Media Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.43 Billion ≈ $209.52 Million |
+0.44% |
| 2024-12-31 | CN¥1.43 Billion ≈ $208.61 Million |
-2.79% |
| 2023-12-31 | CN¥1.47 Billion ≈ $214.60 Million |
-7.09% |
| 2022-12-31 | CN¥1.58 Billion ≈ $230.98 Million |
-21.38% |
| 2021-12-31 | CN¥2.01 Billion ≈ $293.80 Million |
+11.77% |
| 2020-12-31 | CN¥1.80 Billion ≈ $262.87 Million |
-43.06% |
| 2019-12-31 | CN¥3.16 Billion ≈ $461.69 Million |
-5.32% |
| 2018-12-31 | CN¥3.33 Billion ≈ $487.65 Million |
+1.14% |
| 2017-12-31 | CN¥3.30 Billion ≈ $482.17 Million |
+116.86% |
| 2016-12-31 | CN¥1.52 Billion ≈ $222.34 Million |
+63.19% |
| 2015-12-31 | CN¥931.07 Million ≈ $136.24 Million |
+11.92% |
| 2014-12-31 | CN¥831.91 Million ≈ $121.73 Million |
+62.98% |
| 2013-12-31 | CN¥510.43 Million ≈ $74.69 Million |
+19.69% |
| 2012-12-31 | CN¥426.47 Million ≈ $62.41 Million |
+20.44% |
| 2011-12-31 | CN¥354.10 Million ≈ $51.82 Million |
+34.21% |
| 2010-12-31 | CN¥263.85 Million ≈ $38.61 Million |
+26.72% |
| 2009-12-31 | CN¥208.21 Million ≈ $30.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Simei 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 1372.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.31 Billion | 167.64% |
| Total Equity | CN¥1.38 Billion | 100.00% |
Simei Media Co Ltd Competitors by Market Cap
The table below lists competitors of Simei Media Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maanshan Iron & Steel Company Limited
F:YM9A
|
$358.60 Million |
|
GUOMAI Culture & Media Co. Ltd.
SHE:301052
|
$358.69 Million |
|
Berjaya Corporation Bhd
KLSE:3395
|
$358.74 Million |
|
Dongsung FineTec Co. Ltd
KQ:033500
|
$358.78 Million |
|
Chongqing Sansheng Building Materials Co Ltd
SHE:002742
|
$358.38 Million |
|
Acme Electronics
TWO:8121
|
$358.34 Million |
|
Gladstone Investment Corporation 8.00% Notes due 2028
NASDAQ:GAINL
|
$358.34 Million |
|
Bsm Chemical Co Ltd
SHE:300796
|
$358.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Simei Media Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,377,349,000 to 1,380,121,572, a change of 2,772,572 (0.2%).
- Net loss of 58,271,228 reduced equity.
- Dividend payments of 18,901,351 reduced retained earnings.
- Other comprehensive income decreased equity by 96,544,377.
- Other factors increased equity by 176,489,528.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-58.27 Million | -4.22% |
| Dividends Paid | CN¥18.90 Million | -1.37% |
| Other Comprehensive Income | CN¥-96.54 Million | -7.0% |
| Other Changes | CN¥176.49 Million | +12.79% |
| Total Change | CN¥- | 0.20% |
Book Value vs Market Value Analysis
This analysis compares Simei 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: 1.77x
- 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 7.81x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.58 | CN¥4.50 | x |
| 2010-12-31 | CN¥0.71 | CN¥4.50 | x |
| 2011-12-31 | CN¥0.95 | CN¥4.50 | x |
| 2012-12-31 | CN¥1.15 | CN¥4.50 | x |
| 2013-12-31 | CN¥1.37 | CN¥4.50 | x |
| 2014-12-31 | CN¥1.93 | CN¥4.50 | x |
| 2015-12-31 | CN¥2.08 | CN¥4.50 | x |
| 2016-12-31 | CN¥3.20 | CN¥4.50 | x |
| 2017-12-31 | CN¥6.26 | CN¥4.50 | x |
| 2018-12-31 | CN¥5.25 | CN¥4.50 | x |
| 2019-12-31 | CN¥5.50 | CN¥4.50 | x |
| 2020-12-31 | CN¥3.45 | CN¥4.50 | x |
| 2021-12-31 | CN¥3.39 | CN¥4.50 | x |
| 2022-12-31 | CN¥2.68 | CN¥4.50 | x |
| 2023-12-31 | CN¥2.60 | CN¥4.50 | x |
| 2024-12-31 | CN¥2.53 | CN¥4.50 | x |
| 2025-12-31 | CN¥2.54 | CN¥4.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Simei 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): -4.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.76%
- • Asset Turnover: 2.79x
- • Equity Multiplier: 1.99x
- Recent ROE (-4.22%) is below the historical average (2.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 19.74% | 5.14% | 2.21x | 1.74x | CN¥20.27 Million |
| 2010 | 26.62% | 6.65% | 2.38x | 1.68x | CN¥43.85 Million |
| 2011 | 25.34% | 6.57% | 2.65x | 1.46x | CN¥54.23 Million |
| 2012 | 22.19% | 6.55% | 2.51x | 1.35x | CN¥51.92 Million |
| 2013 | 16.48% | 5.13% | 2.06x | 1.56x | CN¥33.07 Million |
| 2014 | 8.52% | 3.29% | 1.80x | 1.44x | CN¥-12.28 Million |
| 2015 | 9.52% | 3.54% | 1.47x | 1.82x | CN¥-4.46 Million |
| 2016 | 9.38% | 3.70% | 1.47x | 1.72x | CN¥-9.29 Million |
| 2017 | 7.05% | 5.52% | 0.82x | 1.57x | CN¥-96.63 Million |
| 2018 | 0.95% | 0.60% | 1.20x | 1.33x | CN¥-299.21 Million |
| 2019 | 1.49% | 1.55% | 0.66x | 1.47x | CN¥-264.20 Million |
| 2020 | -59.17% | -29.14% | 1.44x | 1.41x | CN¥-1.35 Billion |
| 2021 | 3.01% | 1.33% | 1.51x | 1.50x | CN¥-137.77 Million |
| 2022 | -26.28% | -9.77% | 1.75x | 1.54x | CN¥-564.82 Million |
| 2023 | -9.48% | -2.42% | 2.22x | 1.76x | CN¥-275.94 Million |
| 2024 | -2.48% | -0.55% | 2.15x | 2.08x | CN¥-171.84 Million |
| 2025 | -4.22% | -0.76% | 2.79x | 1.99x | CN¥-196.28 Million |
Industry Comparison
This section compares Simei Media Co Ltd's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $1,318,486,299
- Average return on equity (ROE) among peers: 16.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Simei Media Co Ltd (002712) | CN¥1.44 Billion | 19.74% | 1.04x | $358.40 Million |
| Genimous Technology Co Ltd (000676) | $14.87 Million | 0.00% | 0.30x | $1.01 Billion |
| Hunan TV & Broadcast Intermediary Co Ltd (000917) | $2.35 Billion | 4.82% | 1.86x | $1.46 Billion |
| Focus Media Information Technology Co Ltd (002027) | $606.26 Million | 13.53% | 1.10x | $10.61 Billion |
| NanJi ECommerce Co Ltd (002127) | $4.86 Billion | 24.82% | 0.13x | $966.31 Million |
| Leo Group Co Ltd (002131) | $669.98 Million | 16.51% | 0.57x | $5.28 Billion |
| Foshan Saturday Shoes Co Ltd (002291) | $111.51 Million | 42.81% | 1.91x | $710.19 Million |
| Guangdong Advertising Co Ltd (002400) | $2.12 Billion | 20.07% | 1.29x | $1.78 Billion |
| Beijing Yuanlong Yato Culture Dissemination Co Ltd (002878) | $133.08 Million | 32.92% | 1.86x | $490.72 Million |
| Beijing Quanshi World Online Net (002995) | $1.00 Billion | -2.61% | 0.29x | $527.13 Million |
About Simei Media Co Ltd
Simei Media Co.,Ltd. operates as an advertising company in China. The company provides brand management, creative advertising, entertainment content, digital interaction, full-borne media planning and buying, public relations promotion, effectiveness measurement, media planning and agency, and outdoor media operations services, as well as digital marketing services. The company operated through t… Read more