Citic Press Corp
Citic Press Corporation engages in the book publishing and distribution and urban cultural space operations business in China and internationally. The company operates through Book Publishing and Distribution; and Cultural Consumption and Other Value-Added Services segments. It also operates and a chain of bookstores under the CITIC brand, as well as offers digital reading products. The company w… Read more
Citic Press Corp (300788) - Net Assets
Latest net assets as of September 2025: CN¥2.28 Billion CNY
Based on the latest financial reports, Citic Press Corp (300788) has net assets worth CN¥2.28 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¥3.33 Billion) and total liabilities (CN¥1.05 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¥2.28 Billion |
| % of Total Assets | 68.45% |
| Annual Growth Rate | 26.56% |
| 5-Year Change | 13.58% |
| 10-Year Change | 551.1% |
| Growth Volatility | 30.2 |
Citic Press Corp - Net Assets Trend (2013–2024)
This chart illustrates how Citic Press Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Citic Press Corp (2013–2024)
The table below shows the annual net assets of Citic Press Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.18 Billion | +4.07% |
| 2023-12-31 | CN¥2.09 Billion | +2.27% |
| 2022-12-31 | CN¥2.05 Billion | +0.50% |
| 2021-12-31 | CN¥2.04 Billion | +6.18% |
| 2020-12-31 | CN¥1.92 Billion | +12.85% |
| 2019-12-31 | CN¥1.70 Billion | +91.52% |
| 2018-12-31 | CN¥888.06 Million | +19.15% |
| 2017-12-31 | CN¥745.32 Million | +23.89% |
| 2016-12-31 | CN¥601.58 Million | +79.69% |
| 2015-12-31 | CN¥334.80 Million | +50.34% |
| 2014-12-31 | CN¥222.69 Million | +36.36% |
| 2013-12-31 | CN¥163.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Citic Press Corp'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 2117.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.12 Billion | 51.77% |
| Common Stock | CN¥190.15 Million | 8.79% |
| Other Components | CN¥853.51 Million | 39.44% |
| Total Equity | CN¥2.16 Billion | 100.00% |
Citic Press Corp Competitors by Market Cap
The table below lists competitors of Citic Press Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hwaway Tech Corp Ltd
SHE:001380
|
$246.71 Million |
|
Aura Biosciences Inc
NASDAQ:AURA
|
$246.80 Million |
|
Guangdong Senssun Weighing Apparatus Group Ltd
SHE:002870
|
$246.84 Million |
|
FASTIGHETSB.EMILSHUS PRF.
F:Z2A
|
$246.85 Million |
|
Australian Ethical Investment Ltd
AU:AEF
|
$246.59 Million |
|
Hanwha General
KO:000370
|
$246.57 Million |
|
TomTom N.V
PINK:TMOAF
|
$246.41 Million |
|
Golden Friends
TWO:4506
|
$246.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Citic Press Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,105,855,000 to 2,164,030,435, a change of 58,175,435 (2.8%).
- Net income of 118,671,804 contributed positively to equity growth.
- Dividend payments of 58,946,969 reduced retained earnings.
- Other comprehensive income decreased equity by 106,211,463.
- Other factors increased equity by 104,662,063.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥118.67 Million | +5.48% |
| Dividends Paid | CN¥58.95 Million | -2.72% |
| Other Comprehensive Income | CN¥-106.21 Million | -4.91% |
| Other Changes | CN¥104.66 Million | +4.84% |
| Total Change | CN¥- | 2.76% |
Book Value vs Market Value Analysis
This analysis compares Citic Press Corp'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: 3.20x
- 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 22.15x to 3.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.63 | CN¥36.18 | x |
| 2014-12-31 | CN¥2.22 | CN¥36.18 | x |
| 2015-12-31 | CN¥2.98 | CN¥36.18 | x |
| 2016-12-31 | CN¥4.38 | CN¥36.18 | x |
| 2017-12-31 | CN¥5.14 | CN¥36.18 | x |
| 2018-12-31 | CN¥6.14 | CN¥36.18 | x |
| 2019-12-31 | CN¥8.96 | CN¥36.18 | x |
| 2020-12-31 | CN¥9.89 | CN¥36.18 | x |
| 2021-12-31 | CN¥10.69 | CN¥36.18 | x |
| 2022-12-31 | CN¥10.84 | CN¥36.18 | x |
| 2023-12-31 | CN¥11.04 | CN¥36.18 | x |
| 2024-12-31 | CN¥11.31 | CN¥36.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Citic Press Corp 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): 5.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.03%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.53x
- Recent ROE (5.48%) is below the historical average (17.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 19.72% | 5.87% | 1.25x | 2.70x | CN¥15.88 Million |
| 2014 | 29.43% | 10.57% | 1.01x | 2.76x | CN¥43.27 Million |
| 2015 | 30.56% | 13.33% | 0.96x | 2.38x | CN¥67.98 Million |
| 2016 | 21.23% | 12.94% | 0.83x | 1.97x | CN¥66.86 Million |
| 2017 | 24.69% | 14.26% | 0.90x | 1.93x | CN¥107.91 Million |
| 2018 | 23.63% | 12.65% | 0.96x | 1.96x | CN¥119.22 Million |
| 2019 | 14.74% | 13.31% | 0.70x | 1.59x | CN¥80.85 Million |
| 2020 | 14.99% | 14.91% | 0.63x | 1.61x | CN¥93.95 Million |
| 2021 | 11.89% | 12.57% | 0.57x | 1.67x | CN¥38.34 Million |
| 2022 | 6.12% | 7.00% | 0.56x | 1.55x | CN¥-80.08 Million |
| 2023 | 5.53% | 6.78% | 0.51x | 1.58x | CN¥-94.23 Million |
| 2024 | 5.48% | 7.03% | 0.51x | 1.53x | CN¥-97.73 Million |
Industry Comparison
This section compares Citic Press Corp's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $1,359,381,455
- Average return on equity (ROE) among peers: 6.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Citic Press Corp (300788) | CN¥2.28 Billion | 19.72% | 0.46x | $246.68 Million |
| Huamei Holding (000607) | $473.81 Million | 12.41% | 1.07x | $262.95 Million |
| Central China Land Media Co Ltd (000719) | $281.54 Million | 6.37% | 1.86x | $515.39 Million |
| Guangdong Guangzhou Daily Media Co Ltd (002181) | $3.61 Billion | -1.50% | 0.21x | $559.76 Million |
| Tangel Publishing (300148) | $97.11 Million | 20.83% | 0.22x | $462.22 Million |
| Dook Media Group Limited (301025) | $609.67 Million | -0.54% | 0.20x | $162.04 Million |
| GUOMAI Culture & Media Co. Ltd. (301052) | $554.07 Million | 10.24% | 0.24x | $318.52 Million |
| Ronshin Group A (301231) | $912.58 Million | 1.09% | 0.05x | $255.34 Million |
| Qingdao Citymedia Co Ltd (600229) | $864.83 Million | 7.49% | 0.78x | $207.35 Million |
| Time Publishing and Media Co Ltd Class A (600551) | $4.84 Billion | 6.21% | 0.39x | $251.53 Million |