China Television Media Ltd

SHG:600088 China Entertainment
Market Cap
$817.39 Million
CN¥6.00 Billion CNY
Market Cap Rank
#12058 Global
#2934 in China
Share Price
CN¥15.08
Change (1 day)
-0.85%
52-Week Range
CN¥15.03 - CN¥20.01
All Time High
CN¥28.95
Categories
Companies in China Entertainment
About

China Television Media, Ltd. engages in the film and television (TV) program production and sales business in China. The company is involved in the planning, investment, production, and distribution of series, including of TV dramas, new media TV series, movies, TV movies, and digital movies; copyright management of film and TV products; film and TV technical services; and film and TV production … Read more

China Television Media Ltd (600088) - Net Assets

Latest net assets as of September 2025: CN¥1.31 Billion CNY

Based on the latest financial reports, China Television Media Ltd (600088) has net assets worth CN¥1.31 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¥1.62 Billion) and total liabilities (CN¥305.37 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¥1.31 Billion
% of Total Assets 81.12%
Annual Growth Rate 9.03%
5-Year Change 17.68%
10-Year Change 11.99%
Growth Volatility 57.36

China Television Media Ltd - Net Assets Trend (1994–2024)

This chart illustrates how China Television Media 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 China Television Media Ltd (1994–2024)

The table below shows the annual net assets of China Television Media Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.34 Billion +3.40%
2023-12-31 CN¥1.29 Billion +23.70%
2022-12-31 CN¥1.05 Billion -6.01%
2021-12-31 CN¥1.11 Billion -2.12%
2020-12-31 CN¥1.14 Billion -11.25%
2019-12-31 CN¥1.28 Billion +5.04%
2018-12-31 CN¥1.22 Billion +8.73%
2017-12-31 CN¥1.12 Billion +6.06%
2016-12-31 CN¥1.06 Billion -11.47%
2015-12-31 CN¥1.19 Billion +1.07%
2014-12-31 CN¥1.18 Billion +3.11%
2013-12-31 CN¥1.15 Billion +5.45%
2012-12-31 CN¥1.09 Billion +1.88%
2011-12-31 CN¥1.07 Billion +3.52%
2010-12-31 CN¥1.03 Billion +6.21%
2009-12-31 CN¥970.35 Million +11.79%
2008-12-31 CN¥867.98 Million +3.78%
2007-12-31 CN¥836.38 Million +4.25%
2006-12-31 CN¥802.30 Million +4.25%
2005-12-31 CN¥769.61 Million +0.62%
2004-12-31 CN¥764.88 Million +2.22%
2003-12-31 CN¥748.30 Million -0.07%
2002-12-31 CN¥748.86 Million +1.42%
2001-12-31 CN¥738.34 Million +3.39%
2000-12-31 CN¥714.13 Million +0.80%
1999-12-31 CN¥708.48 Million +13.03%
1998-12-31 CN¥626.81 Million +11.64%
1997-12-31 CN¥561.45 Million +320.61%
1996-12-31 CN¥133.49 Million +31.13%
1995-12-31 CN¥101.79 Million +1.74%
1994-12-31 CN¥100.06 Million --

Equity Component Analysis

This analysis shows how different components contribute to China Television Media 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 43449064300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥434.49 Million 33.76%
Common Stock CN¥397.71 Million 30.90%
Other Comprehensive Income CN¥215.37 Million 16.73%
Other Components CN¥239.42 Million 18.60%
Total Equity CN¥1.29 Billion 100.00%

China Television Media Ltd Competitors by Market Cap

The table below lists competitors of China Television Media Ltd ranked by their market capitalization.

Company Market Cap
Voltalia S.A.
LSE:0QW7
 		$350.14 Million
SoluM Co Ltd
KO:248070
 		$350.14 Million
Taiwan Shin Kong Security Co Ltd
TW:9925
 		$350.16 Million
Daqian Ecology & Landscape Co Ltd
SHG:603955
 		$350.31 Million
Poly Plastic Masterbatch Suzhou Co
SHE:300905
 		$350.07 Million
Consolidated Communications Holdings Inc
F:C8C
 		$350.01 Million
Sun Art Retail Group Limited
F:SRI
 		$349.97 Million
Halo Microelectronics Co. Ltd. A
SHG:688173
 		$349.96 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Television Media Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,246,410,731 to 1,286,983,790, a change of 40,573,059 (3.3%).
  • Net income of 43,846,433 contributed positively to equity growth.
  • Dividend payments of 13,800,427 reduced retained earnings.
  • Other comprehensive income increased equity by 8,328,925.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥43.85 Million +3.41%
Dividends Paid CN¥13.80 Million -1.07%
Other Comprehensive Income CN¥8.33 Million +0.65%
Other Changes CN¥2.20 Million +0.17%
Total Change CN¥- 3.26%

Book Value vs Market Value Analysis

This analysis compares China Television Media 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: 4.67x
  • 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 59.80x to 4.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.25 CN¥15.08 x
1995-12-31 CN¥0.26 CN¥15.08 x
1996-12-31 CN¥0.34 CN¥15.08 x
1997-12-31 CN¥1.41 CN¥15.08 x
1998-12-31 CN¥1.58 CN¥15.08 x
1999-12-31 CN¥1.79 CN¥15.08 x
2000-12-31 CN¥1.80 CN¥15.08 x
2001-12-31 CN¥1.82 CN¥15.08 x
2002-12-31 CN¥1.83 CN¥15.08 x
2003-12-31 CN¥1.84 CN¥15.08 x
2004-12-31 CN¥1.87 CN¥15.08 x
2005-12-31 CN¥1.89 CN¥15.08 x
2006-12-31 CN¥1.96 CN¥15.08 x
2007-12-31 CN¥2.05 CN¥15.08 x
2008-12-31 CN¥2.12 CN¥15.08 x
2009-12-31 CN¥2.35 CN¥15.08 x
2010-12-31 CN¥2.50 CN¥15.08 x
2011-12-31 CN¥2.61 CN¥15.08 x
2012-12-31 CN¥2.64 CN¥15.08 x
2013-12-31 CN¥2.78 CN¥15.08 x
2014-12-31 CN¥2.86 CN¥15.08 x
2015-12-31 CN¥2.91 CN¥15.08 x
2016-12-31 CN¥2.55 CN¥15.08 x
2017-12-31 CN¥3.29 CN¥15.08 x
2018-12-31 CN¥2.96 CN¥15.08 x
2019-12-31 CN¥3.11 CN¥15.08 x
2020-12-31 CN¥2.76 CN¥15.08 x
2021-12-31 CN¥2.68 CN¥15.08 x
2022-12-31 CN¥2.52 CN¥15.08 x
2023-12-31 CN¥3.14 CN¥15.08 x
2024-12-31 CN¥3.23 CN¥15.08 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Television Media 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): 3.41%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.85%
  • • Asset Turnover: 0.64x
  • • Equity Multiplier: 1.38x
  • Recent ROE (3.41%) is below the historical average (9.28%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 45.63% 70.13% 0.62x 1.06x CN¥35.65 Million
1995 68.14% 79.30% 0.78x 1.11x CN¥59.19 Million
1996 49.41% 72.37% 0.63x 1.08x CN¥52.61 Million
1997 12.61% 68.18% 0.16x 1.16x CN¥14.66 Million
1998 10.43% 38.51% 0.26x 1.04x CN¥2.67 Million
1999 7.28% 28.30% 0.22x 1.15x CN¥-19.25 Million
2000 3.34% 11.66% 0.25x 1.13x CN¥-47.55 Million
2001 3.72% 7.45% 0.37x 1.34x CN¥-45.31 Million
2002 0.31% 0.72% 0.34x 1.25x CN¥-70.27 Million
2003 0.43% 1.01% 0.33x 1.30x CN¥-69.71 Million
2004 1.62% 3.34% 0.37x 1.30x CN¥-62.12 Million
2005 2.71% 4.87% 0.41x 1.36x CN¥-54.62 Million
2006 6.11% 7.48% 0.51x 1.59x CN¥-30.26 Million
2007 6.57% 6.72% 0.54x 1.81x CN¥-27.89 Million
2008 6.43% 5.47% 0.55x 2.12x CN¥-30.18 Million
2009 12.25% 8.46% 0.94x 1.54x CN¥21.00 Million
2010 8.04% 6.80% 0.68x 1.74x CN¥-19.38 Million
2011 7.07% 5.68% 0.56x 2.24x CN¥-30.39 Million
2012 4.29% 3.83% 0.63x 1.77x CN¥-60.07 Million
2013 6.12% 5.46% 0.81x 1.39x CN¥-42.97 Million
2014 4.63% 6.97% 0.50x 1.32x CN¥-61.21 Million
2015 2.29% 5.14% 0.35x 1.28x CN¥-88.58 Million
2016 -12.27% -24.24% 0.38x 1.34x CN¥-226.46 Million
2017 7.54% 11.45% 0.51x 1.29x CN¥-26.86 Million
2018 9.71% 14.12% 0.51x 1.34x CN¥-3.37 Million
2019 7.27% 10.50% 0.52x 1.32x CN¥-33.69 Million
2020 -10.39% -14.67% 0.49x 1.43x CN¥-224.04 Million
2021 0.59% 0.53% 0.72x 1.54x CN¥-100.40 Million
2022 -6.68% -5.82% 0.74x 1.56x CN¥-166.97 Million
2023 19.04% 21.28% 0.66x 1.36x CN¥112.63 Million
2024 3.41% 3.85% 0.64x 1.38x CN¥-84.85 Million

Industry Comparison

This section compares China Television Media Ltd'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
China Television Media Ltd (600088) CN¥1.31 Billion 45.63% 0.23x $350.12 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