Jiangsu Zitian Media Technology Co Ltd (300280) - Net Assets

Latest as of September 2024: CN¥1.22 Billion CNY ≈ $179.18 Million USD

Based on the latest financial reports, Jiangsu Zitian Media Technology Co Ltd (300280) has net assets worth CN¥1.22 Billion CNY (≈ $179.18 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.38 Billion ≈ $494.67 Million USD) and total liabilities (CN¥2.16 Billion ≈ $315.49 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 300280 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.22 Billion
% of Total Assets	36.22%
Annual Growth Rate	15.21%
5-Year Change	-39.63%
10-Year Change	92.9%
Growth Volatility	47.32

Jiangsu Zitian Media Technology Co Ltd - Net Assets Trend (2008–2023)

This chart illustrates how Jiangsu Zitian Media Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300280 asset base for the complete picture of this company's asset base.

Annual Net Assets for Jiangsu Zitian Media Technology Co Ltd (2008–2023)

The table below shows the annual net assets of Jiangsu Zitian Media Technology Co Ltd from 2008 to 2023. For live valuation and market cap data, see 300280 company net worth.

Year	Net Assets	Change
2023-12-31	CN¥1.22 Billion ≈ $178.09 Million	-49.64%
2022-12-31	CN¥2.42 Billion ≈ $353.62 Million	+9.67%
2021-12-31	CN¥2.20 Billion ≈ $322.45 Million	+15.60%
2020-12-31	CN¥1.91 Billion ≈ $278.93 Million	-5.44%
2019-12-31	CN¥2.02 Billion ≈ $294.98 Million	+50.93%
2018-12-31	CN¥1.34 Billion ≈ $195.45 Million	+109.77%
2017-12-31	CN¥636.71 Million ≈ $93.17 Million	+0.59%
2016-12-31	CN¥632.98 Million ≈ $92.62 Million	-0.27%
2015-12-31	CN¥634.70 Million ≈ $92.88 Million	+0.60%
2014-12-31	CN¥630.88 Million ≈ $92.32 Million	+0.80%
2013-12-31	CN¥625.88 Million ≈ $91.59 Million	-0.64%
2012-12-31	CN¥629.91 Million ≈ $92.18 Million	+2.63%
2011-12-31	CN¥613.76 Million ≈ $89.81 Million	+148.52%
2010-12-31	CN¥246.96 Million ≈ $36.14 Million	+36.71%
2009-12-31	CN¥180.64 Million ≈ $26.43 Million	+24.17%
2008-12-31	CN¥145.48 Million ≈ $21.29 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Zitian Media Technology 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 300.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component	Amount	Percentage
Other Components	CN¥1.33 Billion	109.58%
Total Equity	CN¥1.22 Billion	100.00%

Jiangsu Zitian Media Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangsu Zitian Media Technology Co Ltd ranked by their market capitalization.

Company	Market Cap
IRPC PCL STU:TPIG	$474.78
Ricardo LSE:RCDO	$476.26
China Auto Logistics Inc NASDAQ:CALI	$484.00
Ore Resources Limited AU:OR3	$489.90
Applied UV, Inc. NASDAQ:AUVIQ	$467.00
HighPeak Energy Inc NASDAQ:HPKEW	$458.50
TMBThanachart Bank Public Company Limited F:TMLF	$442.20
Pure One Corporation Limited AU:P1E	$442.07

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangsu Zitian Media Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2022 to 2023, total equity changed from 2,417,008,377 to 1,217,138,565, a change of -1,199,869,811 (-49.6%).
Net loss of 1,209,752,572 reduced equity.
Dividend payments of 24,609,731 reduced retained earnings.
Other factors increased equity by 34,492,492.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	CN¥-1.21 Billion	-99.39%
Dividends Paid	CN¥24.61 Million	-2.02%
Other Changes	CN¥34.49 Million	+2.83%
Total Change	CN¥-	-49.64%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Zitian Media Technology 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: 0.04x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	CN¥4.97	CN¥0.33	x
2018-12-31	CN¥8.37	CN¥0.33	x
2019-12-31	CN¥11.16	CN¥0.33	x
2020-12-31	CN¥11.76	CN¥0.33	x
2021-12-31	CN¥13.60	CN¥0.33	x
2022-12-31	CN¥14.91	CN¥0.33	x
2023-12-31	CN¥7.51	CN¥0.33	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Zitian Media Technology 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): -99.39%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -55.28%
• Asset Turnover: 0.64x
• Equity Multiplier: 2.80x
Recent ROE (-99.39%) is below the historical average (2.43%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	28.90%	18.00%	0.91x	1.76x	CN¥27.49 Million
2009	19.47%	14.49%	0.84x	1.60x	CN¥17.10 Million
2010	21.19%	17.34%	0.71x	1.71x	CN¥27.64 Million
2011	8.57%	12.55%	0.51x	1.33x	CN¥-8.75 Million
2012	4.42%	7.62%	0.49x	1.17x	CN¥-35.16 Million
2013	0.27%	0.55%	0.41x	1.18x	CN¥-60.90 Million
2014	0.48%	0.93%	0.41x	1.25x	CN¥-59.81 Million
2015	0.99%	2.60%	0.30x	1.28x	CN¥-57.01 Million
2016	0.35%	0.88%	0.31x	1.30x	CN¥-61.06 Million
2017	0.71%	1.25%	0.34x	1.68x	CN¥-59.15 Million
2018	6.41%	11.74%	0.30x	1.79x	CN¥-43.92 Million
2019	9.36%	19.66%	0.34x	1.40x	CN¥-11.52 Million
2020	15.82%	21.29%	0.45x	1.64x	CN¥110.84 Million
2021	14.08%	18.80%	0.48x	1.57x	CN¥89.96 Million
2022	7.23%	10.01%	0.37x	1.93x	CN¥-66.99 Million
2023	-99.39%	-55.28%	0.64x	2.80x	CN¥-1.33 Billion

Industry Comparison

This section compares Jiangsu Zitian Media Technology Co Ltd's net assets metrics with peer companies in the Advertising Agencies industry.

Industry Context

Industry: Advertising Agencies
Average net assets among peers: $5,032,610,912
Average return on equity (ROE) among peers: 12.04%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Jiangsu Zitian Media Technology Co Ltd (300280)	CN¥1.22 Billion	28.90%	1.76x	$473.24
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
Beijing Quanshi World Online Net (002995)	$67.21 Million	67.33%	1.91x	$581.66 Million

About Jiangsu Zitian Media Technology Co Ltd

SHE:300280 China Advertising Agencies

Market Cap

$473.24

CN¥3.23K CNY

Market Cap Rank

#31446 Global

#4754 in China

Share Price

CN¥0.33

Change (1 day)

-13.16%

52-Week Range

CN¥0.33 - CN¥8.74

All Time High

CN¥60.35