Guangdong South New Media Co Ltd

SHE:300770 China Entertainment
Market Cap
$1.30 Billion
CN¥9.55 Billion CNY
Market Cap Rank
#9000 Global
#1798 in China
Share Price
CN¥41.90
Change (1 day)
+1.09%
52-Week Range
CN¥35.43 - CN¥49.76
All Time High
CN¥115.84
About

Guangdong Southern New Media Co.,Ltd. provides internet audio-visual services in China. The company offers private network services; internet TV services, including internet TV integration platform and content service platform, as well as cloud audiovisual smart desktop, a TV desktop system for smart TVs, set-top boxes, and other smart terminals; and cable TV value-added services, such as resear… Read more

Guangdong South New Media Co Ltd (300770) - Net Assets

Latest net assets as of September 2025: CN¥3.91 Billion CNY

Based on the latest financial reports, Guangdong South New Media Co Ltd (300770) has net assets worth CN¥3.91 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.07 Billion) and total liabilities (CN¥1.16 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥3.91 Billion
% of Total Assets 77.07%
Annual Growth Rate 33.59%
5-Year Change 36.58%
10-Year Change 1425.09%
Growth Volatility 59.7

Guangdong South New Media Co Ltd - Net Assets Trend (2014–2024)

This chart illustrates how Guangdong South New Media Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Guangdong South New Media Co Ltd (2014–2024)

The table below shows the annual net assets of Guangdong South New Media Co Ltd from 2014 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.62 Billion -1.99%
2023-12-31 CN¥3.69 Billion +6.02%
2022-12-31 CN¥3.48 Billion +13.80%
2021-12-31 CN¥3.06 Billion +15.50%
2020-12-31 CN¥2.65 Billion +21.16%
2019-12-31 CN¥2.18 Billion +206.54%
2018-12-31 CN¥712.78 Million +27.28%
2017-12-31 CN¥560.03 Million +24.16%
2016-12-31 CN¥451.04 Million +90.25%
2015-12-31 CN¥237.07 Million +18.72%
2014-12-31 CN¥199.69 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangdong South New 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 grown by 4588.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.10 Billion 58.11%
Common Stock CN¥229.13 Million 6.35%
Other Comprehensive Income CN¥124.13 Million 3.44%
Other Components CN¥1.16 Billion 32.10%
Total Equity CN¥3.61 Billion 100.00%

Guangdong South New Media Co Ltd Competitors by Market Cap

The table below lists competitors of Guangdong South New Media Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,679,828,290 to 3,606,403,281, a change of -73,425,009 (-2.0%).
  • Net income of 657,858,855 contributed positively to equity growth.
  • Dividend payments of 726,187,781 reduced retained earnings.
  • Share repurchases of 5,096,079 reduced equity.
  • Other comprehensive income increased equity by 115,529,073.
  • Other factors decreased equity by 115,529,077.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥657.86 Million +18.24%
Dividends Paid CN¥726.19 Million -20.14%
Share Repurchases CN¥5.10 Million -0.14%
Other Comprehensive Income CN¥115.53 Million +3.2%
Other Changes CN¥-115.53 Million -3.2%
Total Change CN¥- -2.00%

Book Value vs Market Value Analysis

This analysis compares Guangdong South New 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: 2.66x
  • 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 33.41x to 2.66x 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¥1.25 CN¥41.90 x
2015-12-31 CN¥1.45 CN¥41.90 x
2016-12-31 CN¥3.05 CN¥41.90 x
2017-12-31 CN¥3.21 CN¥41.90 x
2018-12-31 CN¥4.10 CN¥41.90 x
2019-12-31 CN¥9.45 CN¥41.90 x
2020-12-31 CN¥11.45 CN¥41.90 x
2021-12-31 CN¥13.28 CN¥41.90 x
2022-12-31 CN¥15.14 CN¥41.90 x
2023-12-31 CN¥16.07 CN¥41.90 x
2024-12-31 CN¥15.73 CN¥41.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangdong South New 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): 18.24%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 41.67%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 1.25x
  • Recent ROE (18.24%) is below the historical average (18.41%), 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 9.50% 12.48% 0.51x 1.48x CN¥-916.52K
2015 13.68% 16.12% 0.52x 1.62x CN¥7.84 Million
2016 11.28% 16.57% 0.52x 1.31x CN¥5.73 Million
2017 19.71% 24.62% 0.56x 1.44x CN¥54.09 Million
2018 28.84% 31.90% 0.61x 1.48x CN¥134.05 Million
2019 18.12% 39.73% 0.37x 1.24x CN¥177.28 Million
2020 21.73% 47.10% 0.37x 1.24x CN¥310.31 Million
2021 22.28% 48.24% 0.38x 1.22x CN¥374.66 Million
2022 19.93% 48.39% 0.33x 1.26x CN¥344.43 Million
2023 19.23% 46.45% 0.33x 1.26x CN¥339.69 Million
2024 18.24% 41.67% 0.35x 1.25x CN¥297.22 Million

Industry Comparison

This section compares Guangdong South New Media Co Ltd's net assets metrics with peer companies in the Entertainment industry.

Industry Context

  • Industry: Entertainment
  • Average net assets among peers: $3,842,373,836
  • Average return on equity (ROE) among peers: 6.86%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangdong South New Media Co Ltd (300770) CN¥3.91 Billion 9.50% 0.30x $659.93 Million
Wasu Media Holding Co Ltd (000156) $-483.62 Million 0.00% 0.00x $990.32 Million
Huawen Media Investment Corp (000793) $9.45 Billion 8.74% 0.36x $659.46 Million
Beijing Jingxi Culture&Tourism Co Ltd (000802) $259.33 Million 1.40% 1.27x $326.33 Million
CITIC Guoan Information Industry Co Ltd (000839) $4.91 Billion 2.66% 1.35x $1.26 Billion
Bona Film Group Co Ltd (001330) $1.18 Billion -0.69% 0.67x $822.68 Million
Guangdong Alpha Animation and Culture Co Ltd (002292) $1.80 Billion 12.85% 0.81x $966.72 Million
Ciwen Media Co Ltd (002343) $1.33 Billion 9.13% 0.31x $338.30 Million
Perfect World Co Ltd (002624) $9.42 Billion 5.21% 0.54x $3.48 Billion
Wanda Cinema Line Corp (002739) $10.39 Billion 13.15% 0.84x $2.38 Billion
Shanghai Lisheng Racing Co Ltd (002858) $155.18 Million 16.15% 0.20x $254.67 Million