Guangdong South New Media Co Ltd (300770) - Net Assets
Based on the latest financial reports, Guangdong South New Media Co Ltd (300770) has net assets worth CN¥3.91 Billion CNY (≈ $572.30 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¥5.07 Billion ≈ $742.53 Million USD) and total liabilities (CN¥1.16 Billion ≈ $170.24 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 Guangdong South New Media Co Ltd (300770) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Guangdong South New Media Co Ltd asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 300770 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.62 Billion ≈ $529.07 Million |
-1.99% |
| 2023-12-31 | CN¥3.69 Billion ≈ $539.83 Million |
+6.02% |
| 2022-12-31 | CN¥3.48 Billion ≈ $509.17 Million |
+13.80% |
| 2021-12-31 | CN¥3.06 Billion ≈ $447.41 Million |
+15.50% |
| 2020-12-31 | CN¥2.65 Billion ≈ $387.37 Million |
+21.16% |
| 2019-12-31 | CN¥2.18 Billion ≈ $319.73 Million |
+206.54% |
| 2018-12-31 | CN¥712.78 Million ≈ $104.30 Million |
+27.28% |
| 2017-12-31 | CN¥560.03 Million ≈ $81.95 Million |
+24.16% |
| 2016-12-31 | CN¥451.04 Million ≈ $66.00 Million |
+90.25% |
| 2015-12-31 | CN¥237.07 Million ≈ $34.69 Million |
+18.72% |
| 2014-12-31 | CN¥199.69 Million ≈ $29.22 Million |
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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.
| Company | Market Cap |
|---|---|
|
Prudent Corporate Advisory Services Limited
NSE:PRUDENT
|
$1.27 Billion |
|
Sharplink Gaming Ltd
NASDAQ:SBET
|
$1.27 Billion |
|
Zhongnanhong Culture Group Co Ltd
SHE:002445
|
$1.27 Billion |
|
JK Tyre & Industries Limited
NSE:JKTYRE
|
$1.27 Billion |
|
Origin Bancorp, Inc.
NYSE:OBK
|
$1.27 Billion |
|
Edan Instruments Inc
SHE:300206
|
$1.26 Billion |
|
Suzhou Sushi Testing Instrument Co Ltd
SHE:300416
|
$1.26 Billion |
|
Saha Pathana Inter-Holding PCL
BK:SPI
|
$1.26 Billion |
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: 2.41x
- 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 30.26x to 2.41x 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¥37.95 | x |
| 2015-12-31 | CN¥1.45 | CN¥37.95 | x |
| 2016-12-31 | CN¥3.05 | CN¥37.95 | x |
| 2017-12-31 | CN¥3.21 | CN¥37.95 | x |
| 2018-12-31 | CN¥4.10 | CN¥37.95 | x |
| 2019-12-31 | CN¥9.45 | CN¥37.95 | x |
| 2020-12-31 | CN¥11.45 | CN¥37.95 | x |
| 2021-12-31 | CN¥13.28 | CN¥37.95 | x |
| 2022-12-31 | CN¥15.14 | CN¥37.95 | x |
| 2023-12-31 | CN¥16.07 | CN¥37.95 | x |
| 2024-12-31 | CN¥15.73 | CN¥37.95 | 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: $3,472,026,551
- Average return on equity (ROE) among peers: -5.98%
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 | $1.27 Billion |
| Wasu Media Holding Co Ltd (000156) | $15.21 Billion | 4.53% | 0.93x | $2.01 Billion |
| Huawen Media Investment Corp (000793) | $525.29 Million | -134.83% | 3.76x | $797.87 Million |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $272.64 Million | 7.67% | 1.19x | $451.51 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $6.64 Billion | 2.59% | 0.72x | $1.70 Billion |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $254.15 Million | 50.61% | 0.78x | $1.80 Billion |
| Ciwen Media Co Ltd (002343) | $970.39 Million | 5.07% | 0.67x | $429.75 Million |
| Perfect World Co Ltd (002624) | $6.87 Billion | -18.74% | 0.65x | $4.32 Billion |
| Wanda Cinema Line Corp (002739) | $1.60 Billion | 24.27% | 0.62x | $3.12 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $431.21 Million | -9.02% | 0.38x | $410.17 Million |
| Guangzhou Jinyi Media Corp (002905) | $1.95 Billion | 8.10% | 0.50x | $524.79 Million |
About Guangdong South New Media Co Ltd
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