Qingdao Citymedia Co Ltd

SHG:600229 China Publishing
Market Cap
$561.90 Million
CN¥4.12 Billion CNY
Market Cap Rank
#14854 Global
#3945 in China
Share Price
CN¥6.24
Change (1 day)
-0.79%
52-Week Range
CN¥6.13 - CN¥7.41
All Time High
CN¥19.19
Categories
Companies in China Publishing
About

Qingdao Citymedia Co., Ltd. engages in the publication and distribution of books, periodicals, journals, media, and electronic audio-visual publications in China. It also engages in the copyright development and operation, diversified product service, new technology application, and cultural space construction and operation businesses; and IP linkages in the fields of games, film, animation, lite… Read more

Qingdao Citymedia Co Ltd (600229) - Net Assets

Latest net assets as of September 2025: CN¥3.18 Billion CNY

Based on the latest financial reports, Qingdao Citymedia Co Ltd (600229) has net assets worth CN¥3.18 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¥4.22 Billion) and total liabilities (CN¥1.04 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¥3.18 Billion
% of Total Assets 75.32%
Annual Growth Rate 9.28%
5-Year Change 10.47%
10-Year Change 63.91%
Growth Volatility 18.34

Qingdao Citymedia Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Qingdao Citymedia 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 Qingdao Citymedia Co Ltd (1997–2024)

The table below shows the annual net assets of Qingdao Citymedia Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.19 Billion -2.83%
2023-12-31 CN¥3.29 Billion +9.15%
2022-12-31 CN¥3.01 Billion +2.70%
2021-12-31 CN¥2.93 Billion +1.42%
2020-12-31 CN¥2.89 Billion +3.56%
2019-12-31 CN¥2.79 Billion +8.76%
2018-12-31 CN¥2.57 Billion +10.60%
2017-12-31 CN¥2.32 Billion +7.47%
2016-12-31 CN¥2.16 Billion +10.84%
2015-12-31 CN¥1.95 Billion +51.61%
2014-12-31 CN¥1.28 Billion +7.87%
2013-12-31 CN¥1.19 Billion +1.47%
2012-12-31 CN¥1.17 Billion -19.71%
2011-12-31 CN¥1.46 Billion +0.93%
2010-12-31 CN¥1.45 Billion +6.94%
2009-12-31 CN¥1.35 Billion +24.13%
2008-12-31 CN¥1.09 Billion +2.93%
2007-12-31 CN¥1.06 Billion +10.15%
2006-12-31 CN¥962.45 Million +7.73%
2005-12-31 CN¥893.43 Million +2.30%
2004-12-31 CN¥873.31 Million -0.78%
2003-12-31 CN¥880.20 Million +5.29%
2002-12-31 CN¥835.96 Million -0.02%
2001-12-31 CN¥836.12 Million -3.32%
2000-12-31 CN¥864.83 Million +59.50%
1999-12-31 CN¥542.22 Million +62.56%
1998-12-31 CN¥333.56 Million +14.75%
1997-12-31 CN¥290.67 Million --

Equity Component Analysis

This analysis shows how different components contribute to Qingdao Citymedia 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 3281.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.11 Billion 66.24%
Common Stock CN¥671.21 Million 21.11%
Other Comprehensive Income CN¥148.89 Million 4.68%
Other Components CN¥253.40 Million 7.97%
Total Equity CN¥3.18 Billion 100.00%

Qingdao Citymedia Co Ltd Competitors by Market Cap

The table below lists competitors of Qingdao Citymedia Co Ltd ranked by their market capitalization.

Company Market Cap
Impax Asset Management Group plc
PINK:IPXAF
 		$207.41 Million
Western New England Bancorp Inc
NASDAQ:WNEB
 		$207.43 Million
China-Singapore Suzhou Industrial Park Development Group Co Ltd
SHG:601512
 		$207.43 Million
ABC arbitrage SA
PA:ABCA
 		$207.45 Million
AMASTEN
F:4M2B
 		$207.35 Million
ABG Sundal Collier Holding ASA
PINK:ABGSF
 		$207.31 Million
Tianjin LVYIN Landscape and Ecology Construction Co Ltd
SHE:002887
 		$207.30 Million
Jasmine International Public Company Limited
PINK:JASUF
 		$207.30 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Qingdao Citymedia Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,273,446,089 to 3,179,910,026, a change of -93,536,063 (-2.9%).
  • Net income of 84,855,038 contributed positively to equity growth.
  • Dividend payments of 178,391,101 reduced retained earnings.
  • Other comprehensive income increased equity by 28,967,130.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥84.86 Million +2.67%
Dividends Paid CN¥178.39 Million -5.61%
Other Comprehensive Income CN¥28.97 Million +0.91%
Other Changes CN¥-28.97 Million -0.91%
Total Change CN¥- -2.86%

Book Value vs Market Value Analysis

This analysis compares Qingdao Citymedia 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: 1.28x
  • 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 6.38x to 1.28x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.98 CN¥6.24 x
1998-12-31 CN¥1.12 CN¥6.24 x
1999-12-31 CN¥1.83 CN¥6.24 x
2000-12-31 CN¥2.91 CN¥6.24 x
2001-12-31 CN¥2.81 CN¥6.24 x
2002-12-31 CN¥2.81 CN¥6.24 x
2003-12-31 CN¥2.96 CN¥6.24 x
2004-12-31 CN¥2.94 CN¥6.24 x
2005-12-31 CN¥3.01 CN¥6.24 x
2006-12-31 CN¥3.14 CN¥6.24 x
2007-12-31 CN¥3.52 CN¥6.24 x
2008-12-31 CN¥3.49 CN¥6.24 x
2009-12-31 CN¥3.73 CN¥6.24 x
2010-12-31 CN¥3.40 CN¥6.24 x
2011-12-31 CN¥3.05 CN¥6.24 x
2012-12-31 CN¥2.68 CN¥6.24 x
2013-12-31 CN¥2.65 CN¥6.24 x
2014-12-31 CN¥5.09 CN¥6.24 x
2015-12-31 CN¥4.97 CN¥6.24 x
2016-12-31 CN¥3.01 CN¥6.24 x
2017-12-31 CN¥3.30 CN¥6.24 x
2018-12-31 CN¥3.65 CN¥6.24 x
2019-12-31 CN¥3.97 CN¥6.24 x
2020-12-31 CN¥4.11 CN¥6.24 x
2021-12-31 CN¥4.20 CN¥6.24 x
2022-12-31 CN¥4.54 CN¥6.24 x
2023-12-31 CN¥4.98 CN¥6.24 x
2024-12-31 CN¥4.87 CN¥6.24 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Qingdao Citymedia 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): 2.67%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.49%
  • • Asset Turnover: 0.57x
  • • Equity Multiplier: 1.34x
  • Recent ROE (2.67%) is below the historical average (5.63%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 11.77% 6.21% 0.69x 2.73x CN¥5.15 Million
1998 12.54% 8.09% 0.74x 2.09x CN¥8.48 Million
1999 9.66% 8.54% 0.47x 2.40x CN¥-1.85 Million
2000 7.49% 8.22% 0.51x 1.78x CN¥-21.73 Million
2001 8.13% 7.26% 0.57x 1.95x CN¥-15.66 Million
2002 5.82% 5.07% 0.57x 2.00x CN¥-34.96 Million
2003 4.43% 4.12% 0.53x 2.01x CN¥-48.99 Million
2004 3.50% 2.61% 0.62x 2.17x CN¥-56.75 Million
2005 2.82% 1.85% 0.66x 2.32x CN¥-64.17 Million
2006 3.69% 2.26% 0.67x 2.43x CN¥-58.86 Million
2007 5.39% 2.83% 0.83x 2.30x CN¥-47.10 Million
2008 3.03% 1.42% 0.86x 2.48x CN¥-71.67 Million
2009 -17.43% -13.47% 0.62x 2.09x CN¥-351.78 Million
2010 0.88% 0.53% 0.73x 2.30x CN¥-118.04 Million
2011 0.66% 0.37% 0.80x 2.23x CN¥-122.02 Million
2012 -24.30% -13.30% 0.70x 2.61x CN¥-360.36 Million
2013 2.26% 1.34% 0.65x 2.62x CN¥-83.16 Million
2014 6.66% 4.19% 0.58x 2.74x CN¥-38.54 Million
2015 12.18% 15.16% 0.58x 1.37x CN¥41.77 Million
2016 12.86% 15.34% 0.61x 1.37x CN¥60.46 Million
2017 14.21% 16.72% 0.56x 1.52x CN¥97.63 Million
2018 13.59% 16.04% 0.58x 1.47x CN¥92.00 Million
2019 13.45% 16.18% 0.57x 1.46x CN¥95.98 Million
2020 8.47% 11.34% 0.51x 1.46x CN¥-44.07 Million
2021 9.52% 11.53% 0.61x 1.35x CN¥-13.94 Million
2022 11.21% 13.15% 0.62x 1.37x CN¥36.15 Million
2023 12.46% 15.15% 0.61x 1.35x CN¥80.42 Million
2024 2.67% 3.49% 0.57x 1.34x CN¥-233.14 Million

Industry Comparison

This section compares Qingdao Citymedia Co Ltd's net assets metrics with peer companies in the Publishing industry.

Industry Context

  • Industry: Publishing
  • Average net assets among peers: $1,300,489,058
  • Average return on equity (ROE) among peers: 9.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Qingdao Citymedia Co Ltd (600229) CN¥3.18 Billion 11.77% 0.33x $207.35 Million
Huamei Holding (000607) $473.81 Million 12.41% 1.07x $261.10 Million
Central China Land Media Co Ltd (000719) $281.54 Million 6.37% 1.86x $517.78 Million
Guangdong Guangzhou Daily Media Co Ltd (002181) $3.61 Billion -1.50% 0.21x $546.22 Million
Tangel Publishing (300148) $97.11 Million 20.83% 0.22x $453.23 Million
Citic Press Corp (300788) $334.80 Million 30.18% 1.35x $227.12 Million
Dook Media Group Limited (301025) $609.67 Million -0.54% 0.20x $157.08 Million
GUOMAI Culture & Media Co. Ltd. (301052) $554.07 Million 10.24% 0.24x $312.18 Million
Ronshin Group A (301231) $912.58 Million 1.09% 0.05x $248.06 Million
Time Publishing and Media Co Ltd Class A (600551) $4.84 Billion 6.21% 0.39x $251.53 Million