Beijing Zhidemai Technology (300785) - Net Assets
Based on the latest financial reports, Beijing Zhidemai Technology (300785) has net assets worth CN¥1.90 Billion CNY (≈ $278.71 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¥2.40 Billion ≈ $350.77 Million USD) and total liabilities (CN¥492.40 Million ≈ $72.05 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 Beijing Zhidemai Technology liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.90 Billion |
| % of Total Assets | 79.46% |
| Annual Growth Rate | 56.9% |
| 5-Year Change | 16.06% |
| 10-Year Change | 1227.13% |
| Growth Volatility | 168.55 |
Beijing Zhidemai Technology - Net Assets Trend (2014–2024)
This chart illustrates how Beijing Zhidemai Technology's net assets have evolved over time, based on quarterly financial data. Also explore 300785 total assets for the complete picture of this company's asset base.
Annual Net Assets for Beijing Zhidemai Technology (2014–2024)
The table below shows the annual net assets of Beijing Zhidemai Technology from 2014 to 2024. For live valuation and market cap data, see Beijing Zhidemai Technology (300785) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.92 Billion ≈ $280.73 Million |
+3.01% |
| 2023-12-31 | CN¥1.86 Billion ≈ $272.52 Million |
+3.04% |
| 2022-12-31 | CN¥1.81 Billion ≈ $264.49 Million |
+1.57% |
| 2021-12-31 | CN¥1.78 Billion ≈ $260.41 Million |
+7.66% |
| 2020-12-31 | CN¥1.65 Billion ≈ $241.88 Million |
+120.14% |
| 2019-12-31 | CN¥750.86 Million ≈ $109.87 Million |
+129.14% |
| 2018-12-31 | CN¥327.68 Million ≈ $47.95 Million |
+29.03% |
| 2017-12-31 | CN¥253.96 Million ≈ $37.16 Million |
+46.19% |
| 2016-12-31 | CN¥173.72 Million ≈ $25.42 Million |
+20.17% |
| 2015-12-31 | CN¥144.56 Million ≈ $21.15 Million |
+581.50% |
| 2014-12-31 | CN¥21.21 Million ≈ $3.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Zhidemai Technology'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 3215.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥603.14 Million | 31.67% |
| Common Stock | CN¥198.86 Million | 10.44% |
| Other Components | CN¥1.10 Billion | 57.89% |
| Total Equity | CN¥1.90 Billion | 100.00% |
Beijing Zhidemai Technology Competitors by Market Cap
The table below lists competitors of Beijing Zhidemai Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Playa Hotels & Resorts BV
F:PL0
|
$1.44 Billion |
|
AB Electrolux (publ)
ST:ELUX-B
|
$1.44 Billion |
|
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
SHE:002284
|
$1.44 Billion |
|
Chengdu RML Technology Co. Ltd.
SHE:301050
|
$1.44 Billion |
|
Kelt Exploration Ltd.
TO:KEL
|
$1.43 Billion |
|
Glotech Industrial
TWO:5475
|
$1.43 Billion |
|
Apollo Commercial Real Estate Finance Inc
NYSE:ARI
|
$1.43 Billion |
|
Innovative Industrial Properties Inc
NYSE:IIPR
|
$1.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Zhidemai Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,854,700,953 to 1,904,397,403, a change of 49,696,450 (2.7%).
- Net income of 75,240,535 contributed positively to equity growth.
- Dividend payments of 32,318,411 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥75.24 Million | +3.95% |
| Dividends Paid | CN¥32.32 Million | -1.7% |
| Other Changes | CN¥6.77 Million | +0.36% |
| Total Change | CN¥- | 2.68% |
Book Value vs Market Value Analysis
This analysis compares Beijing Zhidemai Technology'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: 5.13x
- 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 265.38x to 5.13x 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¥0.19 | CN¥49.32 | x |
| 2015-12-31 | CN¥1.27 | CN¥49.32 | x |
| 2016-12-31 | CN¥1.29 | CN¥49.32 | x |
| 2017-12-31 | CN¥1.89 | CN¥49.32 | x |
| 2018-12-31 | CN¥2.43 | CN¥49.32 | x |
| 2019-12-31 | CN¥4.19 | CN¥49.32 | x |
| 2020-12-31 | CN¥9.14 | CN¥49.32 | x |
| 2021-12-31 | CN¥8.95 | CN¥49.32 | x |
| 2022-12-31 | CN¥9.09 | CN¥49.32 | x |
| 2023-12-31 | CN¥9.43 | CN¥49.32 | x |
| 2024-12-31 | CN¥9.62 | CN¥49.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Zhidemai Technology 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): 3.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.96%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.28x
- Recent ROE (3.95%) is below the historical average (20.17%), 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 | 77.03% | 32.66% | 1.42x | 1.66x | CN¥14.22 Million |
| 2015 | 13.38% | 19.88% | 0.57x | 1.17x | CN¥4.89 Million |
| 2016 | 20.24% | 17.48% | 0.91x | 1.27x | CN¥17.79 Million |
| 2017 | 33.96% | 23.50% | 1.09x | 1.32x | CN¥60.85 Million |
| 2018 | 29.21% | 18.86% | 0.98x | 1.58x | CN¥62.95 Million |
| 2019 | 15.85% | 17.98% | 0.64x | 1.38x | CN¥43.94 Million |
| 2020 | 9.49% | 17.24% | 0.46x | 1.19x | CN¥-8.51 Million |
| 2021 | 10.08% | 12.79% | 0.63x | 1.25x | CN¥1.42 Million |
| 2022 | 4.69% | 6.91% | 0.54x | 1.25x | CN¥-96.05 Million |
| 2023 | 4.03% | 5.15% | 0.64x | 1.22x | CN¥-110.69 Million |
| 2024 | 3.95% | 4.96% | 0.62x | 1.28x | CN¥-115.20 Million |
Industry Comparison
This section compares Beijing Zhidemai Technology's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $1,408,905,762
- Average return on equity (ROE) among peers: 11.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Zhidemai Technology (300785) | CN¥1.90 Billion | 77.03% | 0.26x | $1.44 Billion |
| Visual China Group Co Ltd (000681) | $2.33 Billion | 9.20% | 0.51x | $2.24 Billion |
| Shanghai Ganglian E Commerce (300226) | $71.66 Million | 27.44% | 0.77x | $1.16 Billion |
| Everyday Network (300295) | $1.35 Billion | 2.00% | 0.33x | $350.16 Million |
| Hubei Century Network Technology Co Ltd (300494) | $796.21 Million | 9.61% | 0.08x | $791.70 Million |
| Zhejiang Daily Media Group Co Ltd (600633) | $1.13 Billion | 19.37% | 0.44x | $2.43 Billion |
| Xinhuanet Co Ltd (603888) | $3.44 Billion | 7.96% | 0.51x | $1.98 Billion |
| Beijing Bohui Science & Technology Co Ltd (688004) | $748.14 Million | 6.57% | 0.12x | $272.01 Million |
About Beijing Zhidemai Technology
Beijing Zhidemai Technology Co., Ltd. engages in the Internet marketing and data service-related businesses in China and internationally. It also involved in Internet information promotion activities. In addition, The company provides consumer content, and content creation services. Beijing Zhidemai Technology Co., Ltd. was founded in 2011 and is headquartered in Beijing, China.