Beijing Fengshangshiji Culture Medi (300860) - Net Assets
Based on the latest financial reports, Beijing Fengshangshiji Culture Medi (300860) has net assets worth CN¥3.15 Billion CNY (≈ $460.62 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.38 Billion ≈ $494.68 Million USD) and total liabilities (CN¥232.78 Million ≈ $34.06 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 tangible net worth ratio of Beijing Fengshangshiji Culture Medi to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.15 Billion |
| % of Total Assets | 93.11% |
| Annual Growth Rate | 41.29% |
| 5-Year Change | -2.75% |
| 10-Year Change | 2763.75% |
| Growth Volatility | 108.56 |
Beijing Fengshangshiji Culture Medi - Net Assets Trend (2013–2025)
This chart illustrates how Beijing Fengshangshiji Culture Medi's net assets have evolved over time, based on quarterly financial data. See 300860 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Beijing Fengshangshiji Culture Medi (2013–2025)
The table below shows the annual net assets of Beijing Fengshangshiji Culture Medi from 2013 to 2025. For live valuation and market cap data, see market cap of Beijing Fengshangshiji Culture Medi.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.14 Billion ≈ $460.05 Million |
-1.99% |
| 2024-12-31 | CN¥3.21 Billion ≈ $469.38 Million |
-3.37% |
| 2023-12-31 | CN¥3.32 Billion ≈ $485.74 Million |
+2.92% |
| 2022-12-31 | CN¥3.23 Billion ≈ $471.95 Million |
-0.24% |
| 2021-12-31 | CN¥3.23 Billion ≈ $473.07 Million |
+2.24% |
| 2020-12-31 | CN¥3.16 Billion ≈ $462.73 Million |
+402.43% |
| 2019-12-31 | CN¥629.39 Million ≈ $92.10 Million |
+67.97% |
| 2018-12-31 | CN¥374.71 Million ≈ $54.83 Million |
+59.22% |
| 2017-12-31 | CN¥235.34 Million ≈ $34.44 Million |
+114.37% |
| 2016-12-31 | CN¥109.78 Million ≈ $16.06 Million |
+46.88% |
| 2015-12-31 | CN¥74.74 Million ≈ $10.94 Million |
+32.90% |
| 2014-12-31 | CN¥56.24 Million ≈ $8.23 Million |
+13.27% |
| 2013-12-31 | CN¥49.65 Million ≈ $7.27 Million |
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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 2765.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥710.01 Million | 22.74% |
| Other Components | CN¥2.41 Billion | 77.26% |
| Total Equity | CN¥3.12 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 |
|---|---|
|
Janus International Group Inc
NYSE:JBI
|
$701.06 Million |
|
Beijing Hualu Baina Film TV
SHE:300291
|
$701.54 Million |
|
Ceigall India
NSE:CEIGALL
|
$701.77 Million |
|
Kronos Worldwide Inc
NYSE:KRO
|
$701.82 Million |
|
Blackrock Multi Sector Income Closed Fund
NYSE:BIT
|
$700.73 Million |
|
American Woodmark Corporation
NASDAQ:AMWD
|
$700.65 Million |
|
First Watch Restaurant Group Inc
NASDAQ:FWRG
|
$700.65 Million |
|
Beijing North Star Co Ltd Class A
SHG:601588
|
$700.63 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 2024 to 2025, total equity changed from 3,185,225,277 to 3,122,965,771, a change of -62,259,506 (-2.0%).
- Net loss of 16,592,411 reduced equity.
- Dividend payments of 39,574,652 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-16.59 Million | -0.53% |
| Dividends Paid | CN¥39.57 Million | -1.27% |
| Other Changes | CN¥-6.09 Million | -0.2% |
| Total Change | CN¥- | -1.95% |
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: 1.53x
- 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 17.58x to 1.53x 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¥1.45 | CN¥25.42 | x |
| 2014-12-31 | CN¥1.48 | CN¥25.42 | x |
| 2015-12-31 | CN¥1.10 | CN¥25.42 | x |
| 2016-12-31 | CN¥0.82 | CN¥25.42 | x |
| 2017-12-31 | CN¥1.77 | CN¥25.42 | x |
| 2018-12-31 | CN¥2.61 | CN¥25.42 | x |
| 2019-12-31 | CN¥4.38 | CN¥25.42 | x |
| 2020-12-31 | CN¥19.77 | CN¥25.42 | x |
| 2021-12-31 | CN¥16.54 | CN¥25.42 | x |
| 2022-12-31 | CN¥17.09 | CN¥25.42 | x |
| 2023-12-31 | CN¥17.32 | CN¥25.42 | x |
| 2024-12-31 | CN¥16.78 | CN¥25.42 | x |
| 2025-12-31 | CN¥16.57 | CN¥25.42 | 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): -0.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.95%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.09x
- Recent ROE (-0.53%) is below the historical average (13.99%), 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 |
| 2025 | -0.53% | -6.95% | 0.07x | 1.09x | CN¥-328.89 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: $4,340,270,320
- Average return on equity (ROE) among peers: -0.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Fengshangshiji Culture Medi (300860) | CN¥3.15 Billion | 4.42% | 0.07x | $700.99 Million |
| Wasu Media Holding Co Ltd (000156) | $15.21 Billion | 4.53% | 0.93x | $1.82 Billion |
| Huawen Media Investment Corp (000793) | $190.69 Million | 11.67% | 0.42x | $768.64 Million |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $1.70 Billion | -45.18% | 1.66x | $422.18 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $573.01 Million | -15.88% | 9.85x | $1.49 Billion |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $2.96 Billion | 2.43% | 0.39x | $1.40 Billion |
| Ciwen Media Co Ltd (002343) | $970.39 Million | 5.07% | 0.67x | $327.16 Million |
| Perfect World Co Ltd (002624) | $9.42 Billion | 5.21% | 0.54x | $3.61 Billion |
| Wanda Cinema Line Corp (002739) | $11.71 Billion | 12.94% | 0.98x | $2.48 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $431.21 Million | -11.82% | 0.38x | $297.43 Million |
| Guangzhou Jinyi Media Corp (002905) | $230.69 Million | 28.80% | 2.28x | $397.59 Million |
About 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