Simei Media Co Ltd (002712) - Net Assets
Based on the latest financial reports, Simei Media Co Ltd (002712) has net assets worth CN¥1.41 Billion CNY (≈ $206.51 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¥3.05 Billion ≈ $446.31 Million USD) and total liabilities (CN¥1.64 Billion ≈ $239.80 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 Simei Media Co Ltd (002712) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.41 Billion |
| % of Total Assets | 46.27% |
| Annual Growth Rate | 13.68% |
| 5-Year Change | -20.64% |
| 10-Year Change | 53.11% |
| Growth Volatility | 37.78 |
Simei Media Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Simei Media Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002712 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Simei Media Co Ltd (2009–2024)
The table below shows the annual net assets of Simei Media Co Ltd from 2009 to 2024. For live valuation and market cap data, see Simei Media Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 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 1293.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥544.28 Million | 39.52% |
| Other Comprehensive Income | CN¥96.54 Million | 7.01% |
| Other Components | CN¥1.61 Billion | 117.02% |
| 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 |
|---|---|
|
Atea Pharmaceuticals Inc
NASDAQ:AVIR
|
$444.57 Million |
|
Firstec
KO:010820
|
$444.58 Million |
|
Sohu.Com Inc
NASDAQ:SOHU
|
$444.67 Million |
|
init innovation in traffic systems SE
F:IXX
|
$444.69 Million |
|
Nawi Brothers Group Ltd
TA:NAWI
|
$444.38 Million |
|
Suzhou Yangtze New Materials
SHE:002652
|
$444.34 Million |
|
AngioDynamics Inc
NASDAQ:ANGO
|
$444.32 Million |
|
GFT Technologies SE
XETRA:GFT
|
$444.32 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 2023 to 2024, total equity changed from 1,416,670,000 to 1,377,349,000, a change of -39,321,000 (-2.8%).
- Net loss of 34,106,437 reduced equity.
- Dividend payments of 20,527,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,214,623.
- Other factors increased equity by 20,527,060.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-34.11 Million | -2.48% |
| Dividends Paid | CN¥20.53 Million | -1.49% |
| Other Comprehensive Income | CN¥-5.21 Million | -0.38% |
| Other Changes | CN¥20.53 Million | +1.49% |
| Total Change | CN¥- | -2.78% |
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: 2.20x
- 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 9.68x to 2.20x 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¥5.58 | x |
| 2010-12-31 | CN¥0.71 | CN¥5.58 | x |
| 2011-12-31 | CN¥0.95 | CN¥5.58 | x |
| 2012-12-31 | CN¥1.15 | CN¥5.58 | x |
| 2013-12-31 | CN¥1.37 | CN¥5.58 | x |
| 2014-12-31 | CN¥1.93 | CN¥5.58 | x |
| 2015-12-31 | CN¥2.08 | CN¥5.58 | x |
| 2016-12-31 | CN¥3.20 | CN¥5.58 | x |
| 2017-12-31 | CN¥6.26 | CN¥5.58 | x |
| 2018-12-31 | CN¥5.25 | CN¥5.58 | x |
| 2019-12-31 | CN¥5.50 | CN¥5.58 | x |
| 2020-12-31 | CN¥3.45 | CN¥5.58 | x |
| 2021-12-31 | CN¥3.39 | CN¥5.58 | x |
| 2022-12-31 | CN¥2.68 | CN¥5.58 | x |
| 2023-12-31 | CN¥2.60 | CN¥5.58 | x |
| 2024-12-31 | CN¥2.53 | CN¥5.58 | 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): -2.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.55%
- • Asset Turnover: 2.15x
- • Equity Multiplier: 2.08x
- Recent ROE (-2.48%) is below the historical average (3.31%), 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 |
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: $5,221,508,569
- Average return on equity (ROE) among peers: 13.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Simei Media Co Ltd (002712) | CN¥1.41 Billion | 19.74% | 1.16x | $444.42 Million |
| Genimous Technology Co Ltd (000676) | $5.06 Billion | 10.43% | 0.39x | $1.36 Billion |
| Hunan TV & Broadcast Intermediary Co Ltd (000917) | $11.09 Billion | 0.79% | 1.10x | $1.81 Billion |
| Focus Media Information Technology Co Ltd (002027) | $14.01 Billion | 13.39% | 0.33x | $13.29 Billion |
| NanJi ECommerce Co Ltd (002127) | $244.91 Million | 18.16% | 2.03x | $1.09 Billion |
| Leo Group Co Ltd (002131) | $11.94 Billion | -8.54% | 0.66x | $6.39 Billion |
| Foshan Saturday Shoes Co Ltd (002291) | $1.61 Billion | 3.46% | 0.64x | $917.23 Million |
| Guangdong Advertising Co Ltd (002400) | $1.40 Billion | 12.93% | 0.89x | $2.29 Billion |
| Beijing Yuanlong Yato Culture Dissemination Co Ltd (002878) | $1.57 Billion | 1.50% | 0.68x | $749.50 Million |
| Beijing Quanshi World Online Net (002995) | $67.21 Million | 67.33% | 1.91x | $581.66 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