Beijing Fengshangshiji Culture Medi
Funshine Culture Group Co.,Ltd. engages in the design and production services for cultural performances in China. The company is involved in the cultural celebrations or commemorative events, TV programs, performances, TV cultural evenings, corporate brand cultural activities, and opening and closing ceremonies of sports events; and tourism performances, evening tours, theme parks, cultural touri… Read more
Beijing Fengshangshiji Culture Medi (300860) - Net Assets
Latest net assets as of June 2025: CN¥3.17 Billion CNY
Based on the latest financial reports, Beijing Fengshangshiji Culture Medi (300860) has net assets worth CN¥3.17 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.47 Billion) and total liabilities (CN¥299.76 Million). 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¥3.17 Billion |
| % of Total Assets | 91.37% |
| Annual Growth Rate | 46.07% |
| 5-Year Change | 1.44% |
| 10-Year Change | 4191.47% |
| Growth Volatility | 111.62 |
Beijing Fengshangshiji Culture Medi - Net Assets Trend (2013–2024)
This chart illustrates how Beijing Fengshangshiji Culture Medi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Beijing Fengshangshiji Culture Medi (2013–2024)
The table below shows the annual net assets of Beijing Fengshangshiji Culture Medi from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.21 Billion | -3.37% |
| 2023-12-31 | CN¥3.32 Billion | +2.92% |
| 2022-12-31 | CN¥3.23 Billion | -0.24% |
| 2021-12-31 | CN¥3.23 Billion | +2.24% |
| 2020-12-31 | CN¥3.16 Billion | +402.43% |
| 2019-12-31 | CN¥629.39 Million | +67.97% |
| 2018-12-31 | CN¥374.71 Million | +59.22% |
| 2017-12-31 | CN¥235.34 Million | +114.37% |
| 2016-12-31 | CN¥109.78 Million | +46.88% |
| 2015-12-31 | CN¥74.74 Million | +32.90% |
| 2014-12-31 | CN¥56.24 Million | +13.27% |
| 2013-12-31 | CN¥49.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Fengshangshiji Culture Medi'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 3004.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥769.23 Million | 24.15% |
| Common Stock | CN¥190.93 Million | 5.99% |
| Other Components | CN¥2.23 Billion | 69.86% |
| Total Equity | CN¥3.19 Billion | 100.00% |
Beijing Fengshangshiji Culture Medi Competitors by Market Cap
The table below lists competitors of Beijing Fengshangshiji Culture Medi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Redtape Limited
NSE:REDTAPE
|
$205.94 Million |
|
Barrett Business Services Inc
NASDAQ:BBSI
|
$205.95 Million |
|
Studio City International Holdings Ltd
NYSE:MSC
|
$206.25 Million |
|
Indo Count Industries Limited
NSE:ICIL
|
$206.29 Million |
|
Patriot Battery Metals Inc
OTCQX:PMETF
|
$205.86 Million |
|
Myoung Shin Industrial Co Ltd
KO:009900
|
$205.82 Million |
|
XiAn Tourism Co Ltd
SHE:000610
|
$205.79 Million |
|
Unieuro S.p.A.
LSE:0ROF
|
$205.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Fengshangshiji Culture Medi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,280,125,403 to 3,185,225,277, a change of -94,900,126 (-2.9%).
- Net income of 41,772,464 contributed positively to equity growth.
- Dividend payments of 81,050,357 reduced retained earnings.
- Share repurchases of 44,023,312 reduced equity.
- Other comprehensive income decreased equity by 34,331,144.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥41.77 Million | +1.31% |
| Dividends Paid | CN¥81.05 Million | -2.54% |
| Share Repurchases | CN¥44.02 Million | -1.38% |
| Other Comprehensive Income | CN¥-34.33 Million | -1.08% |
| Other Changes | CN¥22.73 Million | +0.71% |
| Total Change | CN¥- | -2.89% |
Book Value vs Market Value Analysis
This analysis compares Beijing Fengshangshiji Culture Medi'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: 1.59x
- 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 26.14x to 1.59x 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¥1.02 | CN¥26.66 | x |
| 2014-12-31 | CN¥1.16 | CN¥26.66 | x |
| 2015-12-31 | CN¥1.54 | CN¥26.66 | x |
| 2016-12-31 | CN¥1.15 | CN¥26.66 | x |
| 2017-12-31 | CN¥2.48 | CN¥26.66 | x |
| 2018-12-31 | CN¥3.65 | CN¥26.66 | x |
| 2019-12-31 | CN¥4.60 | CN¥26.66 | x |
| 2020-12-31 | CN¥23.09 | CN¥26.66 | x |
| 2021-12-31 | CN¥23.26 | CN¥26.66 | x |
| 2022-12-31 | CN¥23.36 | CN¥26.66 | x |
| 2023-12-31 | CN¥24.07 | CN¥26.66 | x |
| 2024-12-31 | CN¥16.78 | CN¥26.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Fengshangshiji Culture Medi 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): 1.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.21%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.15x
- Recent ROE (1.31%) is below the historical average (15.20%), 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 | 4.42% | 4.98% | 0.73x | 1.22x | CN¥-2.77 Million |
| 2014 | 11.71% | 9.11% | 0.80x | 1.61x | CN¥963.52K |
| 2015 | 17.83% | 17.76% | 0.73x | 1.37x | CN¥5.85 Million |
| 2016 | 31.91% | 24.67% | 0.70x | 1.86x | CN¥24.06 Million |
| 2017 | 22.93% | 26.16% | 0.41x | 2.12x | CN¥30.42 Million |
| 2018 | 36.31% | 23.75% | 0.66x | 2.33x | CN¥98.57 Million |
| 2019 | 40.33% | 27.83% | 0.72x | 2.02x | CN¥190.89 Million |
| 2020 | 8.24% | 26.48% | 0.28x | 1.13x | CN¥-55.72 Million |
| 2021 | 2.89% | 19.75% | 0.12x | 1.22x | CN¥-226.41 Million |
| 2022 | 0.46% | 4.60% | 0.08x | 1.20x | CN¥-305.16 Million |
| 2023 | 4.10% | 19.87% | 0.18x | 1.13x | CN¥-193.53 Million |
| 2024 | 1.31% | 7.21% | 0.16x | 1.15x | CN¥-276.75 Million |
Industry Comparison
This section compares Beijing Fengshangshiji Culture Medi's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $3,928,935,546
- Average return on equity (ROE) among peers: 3.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Fengshangshiji Culture Medi (300860) | CN¥3.17 Billion | 4.42% | 0.09x | $205.89 Million |
| Wasu Media Holding Co Ltd (000156) | $14.50 Billion | 6.25% | 0.77x | $980.45 Million |
| Huawen Media Investment Corp (000793) | $2.81 Billion | 5.92% | 0.29x | $664.17 Million |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $1.52 Billion | -4.02% | 1.27x | $328.72 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $6.93 Billion | 5.07% | 0.59x | $1.22 Billion |
| Bona Film Group Co Ltd (001330) | $4.89 Billion | 5.40% | 1.13x | $813.59 Million |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $4.00 Billion | -40.75% | 0.67x | $964.40 Million |
| Ciwen Media Co Ltd (002343) | $970.39 Million | 5.07% | 0.67x | $335.25 Million |
| Perfect World Co Ltd (002624) | $486.22 Million | 11.14% | 0.44x | $3.48 Billion |
| Wanda Cinema Line Corp (002739) | $3.00 Billion | 26.67% | 0.52x | $2.39 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $180.05 Million | 15.70% | 0.33x | $250.22 Million |