China Television Media Ltd (600088) - Net Assets
Based on the latest financial reports, China Television Media Ltd (600088) has net assets worth CN¥1.31 Billion CNY (≈ $191.36 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¥1.59 Billion ≈ $233.13 Million USD) and total liabilities (CN¥285.41 Million ≈ $41.76 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 China Television Media Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.31 Billion |
| % of Total Assets | 82.08% |
| Annual Growth Rate | 8.64% |
| 5-Year Change | 17.47% |
| 10-Year Change | 23.61% |
| Growth Volatility | 56.51 |
China Television Media Ltd - Net Assets Trend (1994–2025)
This chart illustrates how China Television Media Ltd's net assets have evolved over time, based on quarterly financial data. See China Television Media Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for China Television Media Ltd (1994–2025)
The table below shows the annual net assets of China Television Media Ltd from 1994 to 2025. For live valuation and market cap data, see market value of China Television Media Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.31 Billion ≈ $191.27 Million |
-2.29% |
| 2024-12-31 | CN¥1.34 Billion ≈ $195.75 Million |
+3.40% |
| 2023-12-31 | CN¥1.29 Billion ≈ $189.31 Million |
+23.70% |
| 2022-12-31 | CN¥1.05 Billion ≈ $153.04 Million |
-6.01% |
| 2021-12-31 | CN¥1.11 Billion ≈ $162.82 Million |
-2.12% |
| 2020-12-31 | CN¥1.14 Billion ≈ $166.34 Million |
-11.25% |
| 2019-12-31 | CN¥1.28 Billion ≈ $187.43 Million |
+5.04% |
| 2018-12-31 | CN¥1.22 Billion ≈ $178.44 Million |
+8.73% |
| 2017-12-31 | CN¥1.12 Billion ≈ $164.12 Million |
+6.06% |
| 2016-12-31 | CN¥1.06 Billion ≈ $154.74 Million |
-11.47% |
| 2015-12-31 | CN¥1.19 Billion ≈ $174.79 Million |
+1.07% |
| 2014-12-31 | CN¥1.18 Billion ≈ $172.94 Million |
+3.11% |
| 2013-12-31 | CN¥1.15 Billion ≈ $167.72 Million |
+5.45% |
| 2012-12-31 | CN¥1.09 Billion ≈ $159.05 Million |
+1.88% |
| 2011-12-31 | CN¥1.07 Billion ≈ $156.11 Million |
+3.52% |
| 2010-12-31 | CN¥1.03 Billion ≈ $150.80 Million |
+6.21% |
| 2009-12-31 | CN¥970.35 Million ≈ $141.99 Million |
+11.79% |
| 2008-12-31 | CN¥867.98 Million ≈ $127.01 Million |
+3.78% |
| 2007-12-31 | CN¥836.38 Million ≈ $122.39 Million |
+4.25% |
| 2006-12-31 | CN¥802.30 Million ≈ $117.40 Million |
+4.25% |
| 2005-12-31 | CN¥769.61 Million ≈ $112.62 Million |
+0.62% |
| 2004-12-31 | CN¥764.88 Million ≈ $111.93 Million |
+2.22% |
| 2003-12-31 | CN¥748.30 Million ≈ $109.50 Million |
-0.07% |
| 2002-12-31 | CN¥748.86 Million ≈ $109.58 Million |
+1.42% |
| 2001-12-31 | CN¥738.34 Million ≈ $108.04 Million |
+3.39% |
| 2000-12-31 | CN¥714.13 Million ≈ $104.50 Million |
+0.80% |
| 1999-12-31 | CN¥708.48 Million ≈ $103.67 Million |
+13.03% |
| 1998-12-31 | CN¥626.81 Million ≈ $91.72 Million |
+11.64% |
| 1997-12-31 | CN¥561.45 Million ≈ $82.16 Million |
+320.61% |
| 1996-12-31 | CN¥133.49 Million ≈ $19.53 Million |
+31.13% |
| 1995-12-31 | CN¥101.79 Million ≈ $14.90 Million |
+1.74% |
| 1994-12-31 | CN¥100.06 Million ≈ $14.64 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 40640496619.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥406.40 Million | 32.41% |
| Other Components | CN¥847.56 Million | 67.59% |
| Total Equity | CN¥1.25 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 |
|---|---|
|
Campus Activewear Limited
NSE:CAMPUS
|
$770.53 Million |
|
Diversified United Investment Ltd
AU:DUI
|
$770.60 Million |
|
Arko Corp
NASDAQ:ARKO
|
$770.72 Million |
|
Lotte Rental Co Ltd
KO:089860
|
$770.92 Million |
|
Sudarshan Chemical Industries Limited
NSE:SUDARSCHEM
|
$770.48 Million |
|
Jdd Tech New Mat Co Ltd
SHE:301538
|
$769.80 Million |
|
Shanghai Sheng Jian Environment Technology Co Ltd
SHG:603324
|
$769.75 Million |
|
Jiangsu Aidea Pharmaceutical Co Ltd
SHG:688488
|
$769.67 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 2024 to 2025, total equity changed from 1,286,983,790 to 1,253,960,687, a change of -33,023,103 (-2.6%).
- Net loss of 17,956,762 reduced equity.
- Dividend payments of 18,660,976 reduced retained earnings.
- Other comprehensive income decreased equity by 215,370,346.
- Other factors increased equity by 218,964,980.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-17.96 Million | -1.43% |
| Dividends Paid | CN¥18.66 Million | -1.49% |
| Other Comprehensive Income | CN¥-215.37 Million | -17.18% |
| Other Changes | CN¥218.96 Million | +17.46% |
| Total Change | CN¥- | -2.57% |
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: 4.20x
- 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 52.51x to 4.20x 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¥13.24 | x |
| 1995-12-31 | CN¥0.26 | CN¥13.24 | x |
| 1996-12-31 | CN¥0.34 | CN¥13.24 | x |
| 1997-12-31 | CN¥1.41 | CN¥13.24 | x |
| 1998-12-31 | CN¥1.58 | CN¥13.24 | x |
| 1999-12-31 | CN¥1.79 | CN¥13.24 | x |
| 2000-12-31 | CN¥1.80 | CN¥13.24 | x |
| 2001-12-31 | CN¥1.82 | CN¥13.24 | x |
| 2002-12-31 | CN¥1.83 | CN¥13.24 | x |
| 2003-12-31 | CN¥1.84 | CN¥13.24 | x |
| 2004-12-31 | CN¥1.87 | CN¥13.24 | x |
| 2005-12-31 | CN¥1.89 | CN¥13.24 | x |
| 2006-12-31 | CN¥1.96 | CN¥13.24 | x |
| 2007-12-31 | CN¥2.05 | CN¥13.24 | x |
| 2008-12-31 | CN¥2.12 | CN¥13.24 | x |
| 2009-12-31 | CN¥2.35 | CN¥13.24 | x |
| 2010-12-31 | CN¥2.50 | CN¥13.24 | x |
| 2011-12-31 | CN¥2.61 | CN¥13.24 | x |
| 2012-12-31 | CN¥2.65 | CN¥13.24 | x |
| 2013-12-31 | CN¥2.78 | CN¥13.24 | x |
| 2014-12-31 | CN¥2.86 | CN¥13.24 | x |
| 2015-12-31 | CN¥2.91 | CN¥13.24 | x |
| 2016-12-31 | CN¥2.55 | CN¥13.24 | x |
| 2017-12-31 | CN¥2.74 | CN¥13.24 | x |
| 2018-12-31 | CN¥2.96 | CN¥13.24 | x |
| 2019-12-31 | CN¥3.11 | CN¥13.24 | x |
| 2020-12-31 | CN¥2.76 | CN¥13.24 | x |
| 2021-12-31 | CN¥2.55 | CN¥13.24 | x |
| 2022-12-31 | CN¥2.51 | CN¥13.24 | x |
| 2023-12-31 | CN¥3.14 | CN¥13.24 | x |
| 2024-12-31 | CN¥3.23 | CN¥13.24 | x |
| 2025-12-31 | CN¥3.15 | CN¥13.24 | 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): -1.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.73%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.37x
- Recent ROE (-1.43%) is below the historical average (8.95%), 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% | 3.68% | 0.66x | 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 | -9.74% | -13.76% | 0.49x | 1.43x | CN¥-216.95 Million |
| 2021 | -0.20% | -0.18% | 0.72x | 1.54x | CN¥-108.73 Million |
| 2022 | -6.48% | -5.65% | 0.74x | 1.56x | CN¥-165.02 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 |
| 2025 | -1.43% | -1.73% | 0.61x | 1.37x | CN¥-143.35 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: $1,670,760,785
- Average return on equity (ROE) among peers: -8.55%
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% | 0.22x | $770.53 Million |
| Wasu Media Holding Co Ltd (000156) | $-483.62 Million | 0.00% | 0.00x | $1.82 Billion |
| Huawen Media Investment Corp (000793) | $3.29 Billion | 2.04% | 0.97x | $777.41 Million |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $931.83 Million | 8.57% | 0.62x | $432.65 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $5.29 Billion | 6.72% | 0.97x | $1.53 Billion |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $3.24 Billion | -13.88% | 0.69x | $1.45 Billion |
| Ciwen Media Co Ltd (002343) | $1.30 Billion | 6.17% | 0.15x | $341.03 Million |
| Perfect World Co Ltd (002624) | $1.15 Billion | 25.11% | 1.64x | $3.78 Billion |
| Wanda Cinema Line Corp (002739) | $1.21 Billion | 25.19% | 0.58x | $2.62 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $692.42 Million | -27.86% | 0.48x | $288.08 Million |
| Guangzhou Jinyi Media Corp (002905) | $76.83 Million | -117.60% | 37.67x | $410.25 Million |
About China Television Media Ltd
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