Beijing Quanshi World Online Net (002995) - Net Assets
Based on the latest financial reports, Beijing Quanshi World Online Net (002995) has net assets worth CN¥891.88 Million CNY (≈ $130.51 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¥1.18 Billion ≈ $172.71 Million USD) and total liabilities (CN¥288.36 Million ≈ $42.20 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 asset resilience ratio of Beijing Quanshi World Online Net to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥891.88 Million |
| % of Total Assets | 75.57% |
| Annual Growth Rate | 33.21% |
| 5-Year Change | -9.79% |
| 10-Year Change | 1290.57% |
| Growth Volatility | 48.83 |
Beijing Quanshi World Online Net - Net Assets Trend (2014–2024)
This chart illustrates how Beijing Quanshi World Online Net's net assets have evolved over time, based on quarterly financial data. Also explore 002995 asset base for the complete picture of this company's asset base.
Annual Net Assets for Beijing Quanshi World Online Net (2014–2024)
The table below shows the annual net assets of Beijing Quanshi World Online Net from 2014 to 2024. For live valuation and market cap data, see market value of Beijing Quanshi World Online Net.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥934.54 Million ≈ $136.75 Million |
-6.69% |
| 2023-12-31 | CN¥1.00 Billion ≈ $146.56 Million |
-4.18% |
| 2022-12-31 | CN¥1.05 Billion ≈ $152.96 Million |
-1.64% |
| 2021-12-31 | CN¥1.06 Billion ≈ $155.51 Million |
+2.58% |
| 2020-12-31 | CN¥1.04 Billion ≈ $151.59 Million |
+136.59% |
| 2019-12-31 | CN¥437.88 Million ≈ $64.08 Million |
+29.97% |
| 2018-12-31 | CN¥336.89 Million ≈ $49.30 Million |
+116.95% |
| 2017-12-31 | CN¥155.29 Million ≈ $22.72 Million |
+71.99% |
| 2016-12-31 | CN¥90.29 Million ≈ $13.21 Million |
+34.35% |
| 2015-12-31 | CN¥67.21 Million ≈ $9.83 Million |
+26.58% |
| 2014-12-31 | CN¥53.09 Million ≈ $7.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Quanshi World Online Net'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 869.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥262.43 Million | 28.14% |
| Common Stock | CN¥177.45 Million | 19.03% |
| Other Comprehensive Income | CN¥47.69 Million | 5.11% |
| Other Components | CN¥445.14 Million | 47.73% |
| Total Equity | CN¥932.72 Million | 100.00% |
Beijing Quanshi World Online Net Competitors by Market Cap
The table below lists competitors of Beijing Quanshi World Online Net ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vital Farms Inc
NASDAQ:VITL
|
$581.91 Million |
|
Queen's Road Capital Investment Ltd.
TO:QRC
|
$581.95 Million |
|
Dezhou United Petroleum Technology Co.Ltd.
SHE:301158
|
$582.00 Million |
|
Dingli Communications Corp Ltd
SHE:300050
|
$582.02 Million |
|
Sichuan Meifeng Chemical Industry Co Ltd
SHE:000731
|
$581.45 Million |
|
TTY Biopharm Co Ltd
TWO:4105
|
$581.27 Million |
|
Anhui Wantong Technology Co Ltd
SHE:002331
|
$581.16 Million |
|
Opthea Ltd
AU:OPT
|
$580.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Quanshi World Online Net's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,000,045,000 to 932,723,000, a change of -67,322,000 (-6.7%).
- Net loss of 67,544,000 reduced equity.
- Other comprehensive income increased equity by 89.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-67.54 Million | -7.24% |
| Other Comprehensive Income | CN¥89.00 | +0.0% |
| Other Changes | CN¥221.91K | +0.02% |
| Total Change | CN¥- | -6.73% |
Book Value vs Market Value Analysis
This analysis compares Beijing Quanshi World Online Net'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: 4.26x
- 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 51.87x to 4.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥0.43 | CN¥22.40 | x |
| 2015-12-31 | CN¥0.55 | CN¥22.40 | x |
| 2016-12-31 | CN¥0.73 | CN¥22.40 | x |
| 2017-12-31 | CN¥1.26 | CN¥22.40 | x |
| 2018-12-31 | CN¥2.71 | CN¥22.40 | x |
| 2019-12-31 | CN¥3.29 | CN¥22.40 | x |
| 2020-12-31 | CN¥6.63 | CN¥22.40 | x |
| 2021-12-31 | CN¥5.98 | CN¥22.40 | x |
| 2022-12-31 | CN¥5.85 | CN¥22.40 | x |
| 2023-12-31 | CN¥5.64 | CN¥22.40 | x |
| 2024-12-31 | CN¥5.26 | CN¥22.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Quanshi World Online Net 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): -7.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.05%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.31x
- Recent ROE (-7.24%) is below the historical average (23.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 46.94% | 6.32% | 2.71x | 2.74x | CN¥19.61 Million |
| 2015 | 67.33% | 6.19% | 3.74x | 2.91x | CN¥38.53 Million |
| 2016 | 52.68% | 4.94% | 3.31x | 3.22x | CN¥38.54 Million |
| 2017 | 40.61% | 4.12% | 3.85x | 2.56x | CN¥47.53 Million |
| 2018 | 25.49% | 3.66% | 3.31x | 2.10x | CN¥52.18 Million |
| 2019 | 22.62% | 4.14% | 2.97x | 1.84x | CN¥55.26 Million |
| 2020 | 10.13% | 3.21% | 2.00x | 1.58x | CN¥1.34 Million |
| 2021 | 5.10% | 1.33% | 2.44x | 1.57x | CN¥-51.98 Million |
| 2022 | 0.30% | 0.10% | 2.13x | 1.37x | CN¥-100.95 Million |
| 2023 | -2.61% | -1.41% | 1.42x | 1.30x | CN¥-126.11 Million |
| 2024 | -7.24% | -5.05% | 1.09x | 1.31x | CN¥-160.82 Million |
Industry Comparison
This section compares Beijing Quanshi World Online Net's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $5,584,322,614
- Average return on equity (ROE) among peers: 5.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Quanshi World Online Net (002995) | CN¥891.88 Million | 46.94% | 0.32x | $581.66 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 |
| Simei Media Co Ltd (002712) | $3.33 Billion | 0.95% | 0.32x | $444.42 Million |
| Beijing Yuanlong Yato Culture Dissemination Co Ltd (002878) | $1.57 Billion | 1.50% | 0.68x | $749.50 Million |
About Beijing Quanshi World Online Net
Beijing Quanshi World Online Network Information Co., Ltd., together with its subsidiaries, provides internet marketing and enterprise-level SaaS promotion services in China. The company offers internet marketing solutions comprising Tencent Ads, a social advertising marketing platform; 360 Smart Business that covers user scenarios to provide enterprises with full life cycle services; iQiyi, whic… Read more