Sichuan Newsnet Media (Group) Co.Ltd.
Sichuan Newsnet Media (Group) Co.,Ltd. engages in the media integrated marketing, mobile information services, and interactive TV businesses in China. It owns and operates media platforms, including websites, mobile newspapers, Weibo, WeChat, forum communities and interactive TV, etc. The company also provides various online, offline and a combination of both publicity services, such as publicity… Read more
Sichuan Newsnet Media (Group) Co.Ltd. (300987) - Net Assets
Latest net assets as of June 2025: CN¥809.73 Million CNY
Based on the latest financial reports, Sichuan Newsnet Media (Group) Co.Ltd. (300987) has net assets worth CN¥809.73 Million 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¥1.12 Billion) and total liabilities (CN¥315.00 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¥809.73 Million |
| % of Total Assets | 71.99% |
| Annual Growth Rate | 10.55% |
| 5-Year Change | 48.61% |
| 10-Year Change | N/A |
| Growth Volatility | 18.87 |
Sichuan Newsnet Media (Group) Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Sichuan Newsnet Media (Group) Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sichuan Newsnet Media (Group) Co.Ltd. (2019–2024)
The table below shows the annual net assets of Sichuan Newsnet Media (Group) Co.Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥806.54 Million | -0.69% |
| 2023-12-31 | CN¥812.14 Million | +0.47% |
| 2022-12-31 | CN¥808.35 Million | +0.17% |
| 2021-12-31 | CN¥806.94 Million | +48.68% |
| 2020-12-31 | CN¥542.73 Million | +11.13% |
| 2019-12-31 | CN¥488.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Newsnet Media (Group) 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 44.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥359.26 Million | 44.62% |
| Other Components | CN¥445.96 Million | 55.38% |
| Total Equity | CN¥805.22 Million | 100.00% |
Sichuan Newsnet Media (Group) Co.Ltd. Competitors by Market Cap
The table below lists competitors of Sichuan Newsnet Media (Group) Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Latent View Analytics Limited
NSE:LATENTVIEW
|
$187.98 Million |
|
First Insurance Co Ltd
TW:2852
|
$188.03 Million |
|
OraSure Technologies Inc
NASDAQ:OSUR
|
$188.12 Million |
|
AJAXENGG
NSE:AJAXENGG
|
$188.12 Million |
|
C + F FINL CORP. DL1
F:CFF
|
$187.86 Million |
|
Wuhan Citms Technology Co Ltd
SHG:688038
|
$187.85 Million |
|
Wereldhave Belgium Naamloze vennootschap
F:WPU
|
$187.82 Million |
|
Trifork Holding AG
CO:TRIFOR
|
$187.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Newsnet Media (Group) Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 810,540,193 to 805,218,524, a change of -5,321,669 (-0.7%).
- Net income of 23,800,891 contributed positively to equity growth.
- Dividend payments of 29,472,560 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥23.80 Million | +2.96% |
| Dividends Paid | CN¥29.47 Million | -3.66% |
| Other Changes | CN¥350.00K | +0.04% |
| Total Change | CN¥- | -0.66% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Newsnet Media (Group) 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: 3.87x
- 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 4.80x to 3.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.75 | CN¥17.99 | x |
| 2020-12-31 | CN¥4.16 | CN¥17.99 | x |
| 2021-12-31 | CN¥4.65 | CN¥17.99 | x |
| 2022-12-31 | CN¥4.65 | CN¥17.99 | x |
| 2023-12-31 | CN¥4.68 | CN¥17.99 | x |
| 2024-12-31 | CN¥4.64 | CN¥17.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Newsnet Media (Group) 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): 2.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.26%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.47x
- Recent ROE (2.96%) is below the historical average (7.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 15.68% | 36.80% | 0.34x | 1.26x | CN¥27.65 Million |
| 2020 | 11.11% | 30.91% | 0.29x | 1.26x | CN¥5.99 Million |
| 2021 | 10.25% | 43.58% | 0.20x | 1.17x | CN¥2.04 Million |
| 2022 | 3.49% | 14.30% | 0.21x | 1.14x | CN¥-52.54 Million |
| 2023 | 3.86% | 13.06% | 0.25x | 1.19x | CN¥-49.73 Million |
| 2024 | 2.96% | 8.26% | 0.24x | 1.47x | CN¥-56.72 Million |
Industry Comparison
This section compares Sichuan Newsnet Media (Group) Co.Ltd.'s net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $1,004,333,883
- Average return on equity (ROE) among peers: 61.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Newsnet Media (Group) Co.Ltd. (300987) | CN¥809.73 Million | 15.68% | 0.39x | $187.95 Million |
| Genimous Technology Co Ltd (000676) | $14.87 Million | 0.00% | 0.30x | $1.04 Billion |
| Hunan TV & Broadcast Intermediary Co Ltd (000917) | $755.42 Million | 8.03% | 0.57x | $1.52 Billion |
| Focus Media Information Technology Co Ltd (002027) | $495.40 Million | 487.45% | 0.19x | $9.18 Billion |
| NanJi ECommerce Co Ltd (002127) | $153.93 Million | 4.67% | 3.70x | $589.83 Million |
| Leo Group Co Ltd (002131) | $562.88 Million | 17.30% | 0.33x | $5.52 Billion |
| Foshan Saturday Shoes Co Ltd (002291) | $1.46 Billion | 6.86% | 0.23x | $687.03 Million |
| Guangdong Advertising Co Ltd (002400) | $5.47 Billion | 11.17% | 0.91x | $1.68 Billion |
| Simei Media Co Ltd (002712) | $831.91 Million | 8.51% | 0.43x | $249.94 Million |
| Beijing Yuanlong Yato Culture Dissemination Co Ltd (002878) | $240.85 Million | 20.86% | 1.01x | $311.73 Million |
| Beijing Quanshi World Online Net (002995) | $53.09 Million | 46.94% | 1.74x | $338.80 Million |