Beijing Gehua CATV Network Co Ltd

SHG:600037 China Broadcasting
Market Cap
$1.49 Billion
CN¥10.91 Billion CNY
Market Cap Rank
#7809 Global
#1386 in China
Share Price
CN¥7.84
Change (1 day)
-2.12%
52-Week Range
CN¥6.65 - CN¥9.63
All Time High
CN¥23.20
Categories
Companies in China Broadcasting
About

Beijing Gehua Catv Network Co.,Ltd. engages in the construction, management, operation, and maintenance of cable radio and television networks in China. It offers radio and television programs transmission, video on demand, and network information services; Internet access services based on cable TV networks; value-added services for Internet data transmission; domestic IP telephony services; and… Read more

Beijing Gehua CATV Network Co Ltd (600037) - Net Assets

Latest net assets as of September 2025: CN¥13.39 Billion CNY

Based on the latest financial reports, Beijing Gehua CATV Network Co Ltd (600037) has net assets worth CN¥13.39 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¥15.75 Billion) and total liabilities (CN¥2.35 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¥13.39 Billion
% of Total Assets 85.07%
Annual Growth Rate 16.61%
5-Year Change 0.27%
10-Year Change 10.21%
Growth Volatility 76.13

Beijing Gehua CATV Network Co Ltd - Net Assets Trend (1998–2024)

This chart illustrates how Beijing Gehua CATV Network 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 Beijing Gehua CATV Network Co Ltd (1998–2024)

The table below shows the annual net assets of Beijing Gehua CATV Network Co Ltd from 1998 to 2024.

Year Net Assets Change
2024-12-31 CN¥12.71 Billion -0.91%
2023-12-31 CN¥12.83 Billion -2.09%
2022-12-31 CN¥13.10 Billion +2.11%
2021-12-31 CN¥12.83 Billion +1.21%
2020-12-31 CN¥12.68 Billion -5.61%
2019-12-31 CN¥13.43 Billion +2.94%
2018-12-31 CN¥13.05 Billion +2.06%
2017-12-31 CN¥12.78 Billion +0.74%
2016-12-31 CN¥12.69 Billion +10.03%
2015-12-31 CN¥11.53 Billion +83.22%
2014-12-31 CN¥6.29 Billion +8.84%
2013-12-31 CN¥5.78 Billion +4.94%
2012-12-31 CN¥5.51 Billion +3.60%
2011-12-31 CN¥5.32 Billion +1.12%
2010-12-31 CN¥5.26 Billion +17.54%
2009-12-31 CN¥4.48 Billion +4.03%
2008-12-31 CN¥4.30 Billion +8.29%
2007-12-31 CN¥3.97 Billion +8.24%
2006-12-31 CN¥3.67 Billion +46.48%
2005-12-31 CN¥2.51 Billion +28.43%
2004-12-31 CN¥1.95 Billion +4.16%
2003-12-31 CN¥1.87 Billion +8.32%
2002-12-31 CN¥1.73 Billion +6.08%
2001-12-31 CN¥1.63 Billion +395.96%
2000-12-31 CN¥328.63 Million +11.65%
1999-12-31 CN¥294.34 Million +25.96%
1998-12-31 CN¥233.68 Million --

Equity Component Analysis

This analysis shows how different components contribute to Beijing Gehua CATV Network 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 377696305300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.78 Billion 29.72%
Common Stock CN¥1.39 Billion 10.95%
Other Comprehensive Income CN¥1.03 Billion 8.08%
Other Components CN¥6.51 Billion 51.25%
Total Equity CN¥12.71 Billion 100.00%

Beijing Gehua CATV Network Co Ltd Competitors by Market Cap

The table below lists competitors of Beijing Gehua CATV Network Co Ltd ranked by their market capitalization.

Company Market Cap
Oki Electric Industry Co. Ltd
F:OKI
 		$885.98 Million
Xpel Inc
NASDAQ:XPEL
 		$886.55 Million
Brooks Automation Inc.
LSE:0HQ1
 		$887.05 Million
Alibaba Pictures Group Limited
F:CBW
 		$887.14 Million
Wonders Information
SHE:300168
 		$885.72 Million
Nolato AB (publ)
PINK:NLTBF
 		$885.71 Million
Guanglian Aviation Industry Co Ltd
SHE:300900
 		$885.53 Million
Huludao Zinc Industry Co Ltd
SHE:000751
 		$885.40 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Beijing Gehua CATV Network Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,827,176,159 to 12,710,531,965, a change of -116,644,194 (-0.9%).
  • Net loss of 69,520,898 reduced equity.
  • Dividend payments of 37,578,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 9,545,287.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-69.52 Million -0.55%
Dividends Paid CN¥37.58 Million -0.3%
Other Comprehensive Income CN¥-9.55 Million -0.08%
Other Changes CN¥-9.00 -0.0%
Total Change CN¥- -0.91%

Book Value vs Market Value Analysis

This analysis compares Beijing Gehua CATV Network 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: 0.86x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 34.57x to 0.86x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-12-31 CN¥0.23 CN¥7.84 x
1999-12-31 CN¥0.29 CN¥7.84 x
2000-12-31 CN¥0.32 CN¥7.84 x
2001-12-31 CN¥1.58 CN¥7.84 x
2002-12-31 CN¥1.68 CN¥7.84 x
2003-12-31 CN¥1.82 CN¥7.84 x
2004-12-31 CN¥1.89 CN¥7.84 x
2005-12-31 CN¥2.43 CN¥7.84 x
2006-12-31 CN¥3.56 CN¥7.84 x
2007-12-31 CN¥3.74 CN¥7.84 x
2008-12-31 CN¥4.06 CN¥7.84 x
2009-12-31 CN¥4.22 CN¥7.84 x
2010-12-31 CN¥4.92 CN¥7.84 x
2011-12-31 CN¥4.96 CN¥7.84 x
2012-12-31 CN¥5.19 CN¥7.84 x
2013-12-31 CN¥5.45 CN¥7.84 x
2014-12-31 CN¥5.93 CN¥7.84 x
2015-12-31 CN¥10.17 CN¥7.84 x
2016-12-31 CN¥9.12 CN¥7.84 x
2017-12-31 CN¥9.19 CN¥7.84 x
2018-12-31 CN¥9.37 CN¥7.84 x
2019-12-31 CN¥9.65 CN¥7.84 x
2020-12-31 CN¥9.11 CN¥7.84 x
2021-12-31 CN¥9.22 CN¥7.84 x
2022-12-31 CN¥9.41 CN¥7.84 x
2023-12-31 CN¥8.93 CN¥7.84 x
2024-12-31 CN¥9.14 CN¥7.84 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Gehua CATV Network 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): -0.55%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.00%
  • • Asset Turnover: 0.14x
  • • Equity Multiplier: 1.26x
  • Recent ROE (-0.55%) is below the historical average (8.81%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 24.28% 43.90% 0.36x 1.55x CN¥33.36 Million
1999 31.03% 50.65% 0.37x 1.67x CN¥61.90 Million
2000 33.23% 47.13% 0.38x 1.84x CN¥76.35 Million
2001 8.73% 43.31% 0.17x 1.18x CN¥-20.64 Million
2002 7.02% 27.00% 0.21x 1.24x CN¥-51.45 Million
2003 12.62% 35.25% 0.28x 1.26x CN¥49.06 Million
2004 10.47% 28.22% 0.19x 1.95x CN¥9.14 Million
2005 10.80% 30.23% 0.22x 1.61x CN¥20.14 Million
2006 11.79% 42.64% 0.23x 1.22x CN¥65.80 Million
2007 9.24% 30.96% 0.24x 1.27x CN¥-30.20 Million
2008 7.65% 24.18% 0.24x 1.32x CN¥-101.12 Million
2009 7.38% 21.77% 0.26x 1.31x CN¥-117.20 Million
2010 6.58% 18.26% 0.21x 1.74x CN¥-179.85 Million
2011 5.24% 15.12% 0.17x 2.09x CN¥-252.79 Million
2012 5.40% 13.51% 0.21x 1.89x CN¥-253.37 Million
2013 6.52% 16.75% 0.22x 1.79x CN¥-201.09 Million
2014 9.04% 23.06% 0.24x 1.66x CN¥-60.18 Million
2015 5.83% 26.20% 0.18x 1.22x CN¥-480.24 Million
2016 5.71% 27.21% 0.18x 1.19x CN¥-543.82 Million
2017 5.96% 28.22% 0.18x 1.20x CN¥-517.11 Million
2018 5.32% 25.47% 0.17x 1.22x CN¥-610.48 Million
2019 4.33% 21.09% 0.17x 1.21x CN¥-761.11 Million
2020 1.29% 6.36% 0.16x 1.24x CN¥-1.10 Billion
2021 1.63% 8.19% 0.16x 1.25x CN¥-1.07 Billion
2022 2.53% 13.59% 0.15x 1.23x CN¥-978.18 Million
2023 -1.34% -7.08% 0.15x 1.24x CN¥-1.46 Billion
2024 -0.55% -3.00% 0.14x 1.26x CN¥-1.34 Billion

Industry Comparison

This section compares Beijing Gehua CATV Network Co Ltd's net assets metrics with peer companies in the Broadcasting industry.

Industry Context

  • Industry: Broadcasting
  • Average net assets among peers: $2,534,214,334
  • Average return on equity (ROE) among peers: -1.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Beijing Gehua CATV Network Co Ltd (600037) CN¥13.39 Billion 24.28% 0.18x $885.73 Million
Hubei Radio and Television Information Network Co Ltd (000665) $2.32 Billion 7.92% 0.43x $434.69 Million
H&R Century Union Corp (000892) $1.87 Billion -41.99% 0.42x $563.50 Million
Shenzhen Topway Video Communication Co Ltd (002238) $2.29 Billion 7.96% 0.70x $212.77 Million
Jiangsu Broadcasting Cable inf (600959) $7.43 Billion 5.16% 0.30x $1.20 Billion
Guizhou Broadcasting&TV Info (600996) $756.58 Million 7.36% 3.20x $631.31 Million
TVZone Media Co Ltd (603721) $537.37 Million 5.10% 0.16x $181.02 Million