Zhejiang Talent Television&Film Co Ltd (300426) - Net Assets
Based on the latest financial reports, Zhejiang Talent Television&Film Co Ltd (300426) has net assets worth CN¥91.77 Million CNY (≈ $13.43 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¥1.72 Billion ≈ $251.47 Million USD) and total liabilities (CN¥1.63 Billion ≈ $238.04 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. Read Zhejiang Talent Television&Film Co Ltd (300426) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥91.77 Million |
| % of Total Assets | 5.34% |
| Annual Growth Rate | -7.12% |
| 5-Year Change | -32.43% |
| 10-Year Change | -93.88% |
| Growth Volatility | 56.2 |
Zhejiang Talent Television&Film Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Zhejiang Talent Television&Film Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Zhejiang Talent Television&Film Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Talent Television&Film Co Ltd (2011–2024)
The table below shows the annual net assets of Zhejiang Talent Television&Film Co Ltd from 2011 to 2024. For live valuation and market cap data, see 300426 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥54.36 Million ≈ $7.96 Million |
-38.72% |
| 2023-12-31 | CN¥88.72 Million ≈ $12.98 Million |
+2.46% |
| 2022-12-31 | CN¥86.59 Million ≈ $12.67 Million |
+34.76% |
| 2021-12-31 | CN¥64.25 Million ≈ $9.40 Million |
-20.13% |
| 2020-12-31 | CN¥80.45 Million ≈ $11.77 Million |
-46.98% |
| 2019-12-31 | CN¥151.73 Million ≈ $22.20 Million |
-42.57% |
| 2018-12-31 | CN¥264.21 Million ≈ $38.66 Million |
-78.60% |
| 2017-12-31 | CN¥1.23 Billion ≈ $180.68 Million |
+16.86% |
| 2016-12-31 | CN¥1.06 Billion ≈ $154.62 Million |
+18.89% |
| 2015-12-31 | CN¥888.76 Million ≈ $130.05 Million |
+155.92% |
| 2014-12-31 | CN¥347.28 Million ≈ $50.82 Million |
+32.77% |
| 2013-12-31 | CN¥261.56 Million ≈ $38.27 Million |
+31.56% |
| 2012-12-31 | CN¥198.81 Million ≈ $29.09 Million |
+39.91% |
| 2011-12-31 | CN¥142.10 Million ≈ $20.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Talent Television&Film 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 1014.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥404.86 Million | 372.45% |
| Other Comprehensive Income | CN¥-979.53K | -0.90% |
| Other Components | CN¥122.18 Million | 112.40% |
| Total Equity | CN¥108.70 Million | 100.00% |
Zhejiang Talent Television&Film Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Talent Television&Film Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bajaj Electricals Limited
NSE:BAJAJELEC
|
$494.30 Million |
|
Kambi Group PLC Series B
LSE:0EAW
|
$494.35 Million |
|
Thai Stanley Electric Public Company Limited
BK:STANLY
|
$494.39 Million |
|
Risuntek Inc
SHE:002981
|
$494.51 Million |
|
Beijing Kawin Technology Share-holding Co Ltd
SHG:688687
|
$494.29 Million |
|
Zedcor Energy
V:ZDC
|
$494.06 Million |
|
Trakcja PRKiI S.A.
WAR:TRK
|
$494.02 Million |
|
Jiangsu Newamstar Packaging Machinery Co Ltd
SHE:300509
|
$494.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Talent Television&Film Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 137,368,000 to 108,701,000, a change of -28,667,000 (-20.9%).
- Net loss of 27,831,387 reduced equity.
- Dividend payments of 17,401,000 reduced retained earnings.
- Other comprehensive income decreased equity by 107,048,528.
- Other factors increased equity by 123,613,915.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-27.83 Million | -25.6% |
| Dividends Paid | CN¥17.40 Million | -16.01% |
| Other Comprehensive Income | CN¥-107.05 Million | -98.48% |
| Other Changes | CN¥123.61 Million | +113.72% |
| Total Change | CN¥- | -20.87% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Talent Television&Film 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: 27.60x
- 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 increased from 15.99x to 27.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.47 | CN¥7.50 | x |
| 2012-12-31 | CN¥0.66 | CN¥7.50 | x |
| 2013-12-31 | CN¥0.86 | CN¥7.50 | x |
| 2014-12-31 | CN¥0.00 | CN¥7.50 | x |
| 2015-12-31 | CN¥2.24 | CN¥7.50 | x |
| 2016-12-31 | CN¥2.59 | CN¥7.50 | x |
| 2017-12-31 | CN¥3.02 | CN¥7.50 | x |
| 2018-12-31 | CN¥0.66 | CN¥7.50 | x |
| 2019-12-31 | CN¥0.40 | CN¥7.50 | x |
| 2020-12-31 | CN¥0.21 | CN¥7.50 | x |
| 2021-12-31 | CN¥0.24 | CN¥7.50 | x |
| 2022-12-31 | CN¥0.30 | CN¥7.50 | x |
| 2023-12-31 | CN¥0.32 | CN¥7.50 | x |
| 2024-12-31 | CN¥0.27 | CN¥7.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Talent Television&Film 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): -25.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.54%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 18.07x
- Recent ROE (-25.60%) is below the historical average (-23.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 28.14% | 28.42% | 0.50x | 1.97x | CN¥25.51 Million |
| 2012 | 28.67% | 29.58% | 0.43x | 2.28x | CN¥36.82 Million |
| 2013 | 24.53% | 20.01% | 0.50x | 2.47x | CN¥37.85 Million |
| 2014 | 24.77% | 21.03% | 0.45x | 2.63x | CN¥51.15 Million |
| 2015 | 12.94% | 20.90% | 0.36x | 1.70x | CN¥25.55 Million |
| 2016 | 17.31% | 22.80% | 0.31x | 2.45x | CN¥75.63 Million |
| 2017 | 15.94% | 16.38% | 0.36x | 2.70x | CN¥71.80 Million |
| 2018 | -353.51% | -253.09% | 0.15x | 9.59x | CN¥-953.68 Million |
| 2019 | -67.21% | 0.00% | -0.05x | 14.40x | CN¥-122.64 Million |
| 2020 | -93.71% | -39.76% | 0.09x | 26.89x | CN¥-87.31 Million |
| 2021 | 19.86% | 3.96% | 0.21x | 24.41x | CN¥9.36 Million |
| 2022 | 25.43% | 7.53% | 0.20x | 16.81x | CN¥18.72 Million |
| 2023 | 12.42% | 5.00% | 0.17x | 14.43x | CN¥3.32 Million |
| 2024 | -25.60% | -14.54% | 0.10x | 18.07x | CN¥-38.70 Million |
Industry Comparison
This section compares Zhejiang Talent Television&Film Co Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $4,324,315,870
- Average return on equity (ROE) among peers: -4.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Talent Television&Film Co Ltd (300426) | CN¥91.77 Million | 28.14% | 17.73x | $494.29 Million |
| Wasu Media Holding Co Ltd (000156) | $10.11 Billion | 5.95% | 0.39x | $2.01 Billion |
| Huawen Media Investment Corp (000793) | $9.99 Billion | 8.59% | 0.34x | $797.87 Million |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $1.04 Billion | 2.05% | 0.37x | $451.51 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $6.93 Billion | 5.07% | 0.59x | $1.70 Billion |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $1.58 Billion | 11.48% | 0.22x | $1.80 Billion |
| Ciwen Media Co Ltd (002343) | $1.40 Billion | 5.15% | 0.21x | $429.75 Million |
| Perfect World Co Ltd (002624) | $10.13 Billion | 14.84% | 0.64x | $4.32 Billion |
| Wanda Cinema Line Corp (002739) | $1.21 Billion | 25.19% | 0.58x | $3.12 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $767.19 Million | -8.35% | 0.34x | $410.17 Million |
| Guangzhou Jinyi Media Corp (002905) | $76.83 Million | -117.60% | 37.67x | $524.79 Million |
About Zhejiang Talent Television&Film Co Ltd
Zhejiang Huazhi Digital Media Co., Ltd. engages in the investment, production, and distribution of television drama and films in China and internationally. It operates through TV series, script creation and sales, film and television post-production, cinema, new media, and other segments. The company is involved in production, distribution and derivative business of TV series; planning, creation … Read more