Beijing Enlight Media (300251) - Net Assets
Based on the latest financial reports, Beijing Enlight Media (300251) has net assets worth CN¥10.01 Billion CNY (≈ $1.46 Billion 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¥11.01 Billion ≈ $1.61 Billion USD) and total liabilities (CN¥999.81 Million ≈ $146.30 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 300251 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.01 Billion |
| % of Total Assets | 90.92% |
| Annual Growth Rate | 24.49% |
| 5-Year Change | 3.74% |
| 10-Year Change | 39.5% |
| Growth Volatility | 157.36 |
Beijing Enlight Media - Net Assets Trend (2008–2025)
This chart illustrates how Beijing Enlight Media's net assets have evolved over time, based on quarterly financial data. See Beijing Enlight Media (300251) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Beijing Enlight Media (2008–2025)
The table below shows the annual net assets of Beijing Enlight Media from 2008 to 2025. For live valuation and market cap data, see Beijing Enlight Media market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥9.93 Billion ≈ $1.45 Billion |
+13.16% |
| 2024-12-31 | CN¥8.77 Billion ≈ $1.28 Billion |
+1.01% |
| 2023-12-31 | CN¥8.69 Billion ≈ $1.27 Billion |
+5.11% |
| 2022-12-31 | CN¥8.26 Billion ≈ $1.21 Billion |
-13.65% |
| 2021-12-31 | CN¥9.57 Billion ≈ $1.40 Billion |
+5.78% |
| 2020-12-31 | CN¥9.05 Billion ≈ $1.32 Billion |
+0.78% |
| 2019-12-31 | CN¥8.98 Billion ≈ $1.31 Billion |
+3.88% |
| 2018-12-31 | CN¥8.64 Billion ≈ $1.26 Billion |
+2.22% |
| 2017-12-31 | CN¥8.45 Billion ≈ $1.24 Billion |
+18.79% |
| 2016-12-31 | CN¥7.12 Billion ≈ $1.04 Billion |
+2.10% |
| 2015-12-31 | CN¥6.97 Billion ≈ $1.02 Billion |
+114.70% |
| 2014-12-31 | CN¥3.25 Billion ≈ $475.12 Million |
+46.30% |
| 2013-12-31 | CN¥2.22 Billion ≈ $324.77 Million |
+11.59% |
| 2012-12-31 | CN¥1.99 Billion ≈ $291.03 Million |
+11.22% |
| 2011-12-31 | CN¥1.79 Billion ≈ $261.68 Million |
+671.39% |
| 2010-12-31 | CN¥231.83 Million ≈ $33.92 Million |
+25.50% |
| 2009-12-31 | CN¥184.73 Million ≈ $27.03 Million |
-22.92% |
| 2008-12-31 | CN¥239.66 Million ≈ $35.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Enlight Media'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 1946.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.39 Billion | 44.08% |
| Other Components | CN¥5.57 Billion | 55.92% |
| Total Equity | CN¥9.95 Billion | 100.00% |
Beijing Enlight Media Competitors by Market Cap
The table below lists competitors of Beijing Enlight Media ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Whitehaven Coal Ltd
AU:WHC
|
$5.00 Billion |
|
Hyundai Construction Equipment Co Ltd
KO:267270
|
$5.00 Billion |
|
Victoria's Secret & Co
NYSE:VSCO
|
$5.00 Billion |
|
Alfa S.A.B. de C.V.
MX:ALFAA
|
$5.00 Billion |
|
Enel Generación Chile S.A
SN:ENELGXCH
|
$5.00 Billion |
|
California Resources Corp
NYSE:CRC
|
$4.99 Billion |
|
Hongda
SHG:600331
|
$4.99 Billion |
|
Sulzer AG
SW:SUN
|
$4.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Enlight Media's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,766,663,939 to 9,951,704,454, a change of 1,185,040,515 (13.5%).
- Net income of 1,672,149,338 contributed positively to equity growth.
- Dividend payments of 584,746,929 reduced retained earnings.
- Other comprehensive income decreased equity by 1,282,517,946.
- Other factors increased equity by 1,380,156,052.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.67 Billion | +16.8% |
| Dividends Paid | CN¥584.75 Million | -5.88% |
| Other Comprehensive Income | CN¥-1.28 Billion | -12.89% |
| Other Changes | CN¥1.38 Billion | +13.87% |
| Total Change | CN¥- | 13.52% |
Book Value vs Market Value Analysis
This analysis compares Beijing Enlight Media'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: 3.43x
- 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 94.15x to 3.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.12 | CN¥11.64 | x |
| 2009-12-31 | CN¥0.10 | CN¥11.64 | x |
| 2010-12-31 | CN¥0.12 | CN¥11.64 | x |
| 2011-12-31 | CN¥0.79 | CN¥11.64 | x |
| 2012-12-31 | CN¥0.75 | CN¥11.64 | x |
| 2013-12-31 | CN¥0.83 | CN¥11.64 | x |
| 2014-12-31 | CN¥1.20 | CN¥11.64 | x |
| 2015-12-31 | CN¥2.39 | CN¥11.64 | x |
| 2016-12-31 | CN¥2.37 | CN¥11.64 | x |
| 2017-12-31 | CN¥2.89 | CN¥11.64 | x |
| 2018-12-31 | CN¥2.96 | CN¥11.64 | x |
| 2019-12-31 | CN¥3.02 | CN¥11.64 | x |
| 2020-12-31 | CN¥3.07 | CN¥11.64 | x |
| 2021-12-31 | CN¥3.26 | CN¥11.64 | x |
| 2022-12-31 | CN¥2.83 | CN¥11.64 | x |
| 2023-12-31 | CN¥2.91 | CN¥11.64 | x |
| 2024-12-31 | CN¥3.00 | CN¥11.64 | x |
| 2025-12-31 | CN¥3.39 | CN¥11.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Enlight Media 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): 16.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.39%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.10x
- Recent ROE (16.80%) is above the historical average (11.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 5.39% | 4.87% | 0.83x | 1.33x | CN¥-11.03 Million |
| 2009 | 33.95% | 16.28% | 1.11x | 1.87x | CN¥44.24 Million |
| 2010 | 48.67% | 23.52% | 1.18x | 1.76x | CN¥89.64 Million |
| 2011 | 9.83% | 25.19% | 0.37x | 1.06x | CN¥-3.03 Million |
| 2012 | 15.60% | 30.01% | 0.48x | 1.08x | CN¥111.34 Million |
| 2013 | 14.78% | 36.27% | 0.35x | 1.17x | CN¥106.01 Million |
| 2014 | 10.41% | 27.04% | 0.24x | 1.58x | CN¥13.03 Million |
| 2015 | 5.85% | 26.40% | 0.19x | 1.19x | CN¥-285.11 Million |
| 2016 | 10.53% | 42.79% | 0.19x | 1.30x | CN¥37.40 Million |
| 2017 | 9.68% | 44.22% | 0.16x | 1.41x | CN¥-26.80 Million |
| 2018 | 15.89% | 92.07% | 0.14x | 1.25x | CN¥508.86 Million |
| 2019 | 10.61% | 33.49% | 0.26x | 1.23x | CN¥54.11 Million |
| 2020 | 3.23% | 25.11% | 0.12x | 1.09x | CN¥-609.76 Million |
| 2021 | -3.26% | -26.69% | 0.11x | 1.10x | CN¥-1.27 Billion |
| 2022 | -8.63% | -94.41% | 0.08x | 1.10x | CN¥-1.54 Billion |
| 2023 | 4.81% | 27.03% | 0.16x | 1.14x | CN¥-450.04 Million |
| 2024 | 3.33% | 18.42% | 0.16x | 1.11x | CN¥-584.65 Million |
| 2025 | 16.80% | 41.39% | 0.37x | 1.10x | CN¥676.98 Million |
Industry Comparison
This section compares Beijing Enlight Media's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $1,670,760,785
- Average return on equity (ROE) among peers: -8.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Enlight Media (300251) | CN¥10.01 Billion | 5.39% | 0.10x | $5.00 Billion |
| Wasu Media Holding Co Ltd (000156) | $-483.62 Million | 0.00% | 0.00x | $1.82 Billion |
| Huawen Media Investment Corp (000793) | $3.29 Billion | 2.04% | 0.97x | $777.41 Million |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $931.83 Million | 8.57% | 0.62x | $432.65 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $5.29 Billion | 6.72% | 0.97x | $1.53 Billion |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $3.24 Billion | -13.88% | 0.69x | $1.45 Billion |
| Ciwen Media Co Ltd (002343) | $1.30 Billion | 6.17% | 0.15x | $341.03 Million |
| Perfect World Co Ltd (002624) | $1.15 Billion | 25.11% | 1.64x | $3.78 Billion |
| Wanda Cinema Line Corp (002739) | $1.21 Billion | 25.19% | 0.58x | $2.62 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $692.42 Million | -27.86% | 0.48x | $288.08 Million |
| Guangzhou Jinyi Media Corp (002905) | $76.83 Million | -117.60% | 37.67x | $410.25 Million |
About Beijing Enlight Media
Beijing Enlight Media Co., Ltd, engages in the investment, production, and distribution of film and television series in China and internationally. The company produces movies, TV dramas (online dramas), animation film and television, and animation-themed live-action film and television, as well as offers artist management, live entertainment, music, literature, and real-life entertainment. It is… Read more