Time Publishing and Media Co Ltd Class A

SHG:600551 China Publishing
Market Cap
$779.96 Million
CN¥5.72 Billion CNY
Market Cap Rank
#13791 Global
#3571 in China
Share Price
CN¥8.44
Change (1 day)
-1.40%
52-Week Range
CN¥7.72 - CN¥10.22
All Time High
CN¥24.53
Categories
Companies in China Publishing
About

Time Publishing and Media Co., Ltd. publishes various books and periodicals in China. The company operates through Publishing and Distribution; Printing and Copying; Material Sales; and Other Business segments. It distributes of textbooks and general books, periodicals, electronic publications, audio-visual products, digital publications, teaching aids, etc.; and provides education courses for st… Read more

Time Publishing and Media Co Ltd Class A (600551) - Net Assets

Latest net assets as of September 2025: CN¥5.91 Billion CNY

Based on the latest financial reports, Time Publishing and Media Co Ltd Class A (600551) has net assets worth CN¥5.91 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¥8.41 Billion) and total liabilities (CN¥2.51 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¥5.91 Billion
% of Total Assets 70.21%
Annual Growth Rate 19.67%
5-Year Change 20.09%
10-Year Change 34.39%
Growth Volatility 246.66

Time Publishing and Media Co Ltd Class A - Net Assets Trend (1999–2024)

This chart illustrates how Time Publishing and Media Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Time Publishing and Media Co Ltd Class A (1999–2024)

The table below shows the annual net assets of Time Publishing and Media Co Ltd Class A from 1999 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.83 Billion +1.39%
2023-12-31 CN¥5.75 Billion +8.03%
2022-12-31 CN¥5.32 Billion +5.17%
2021-12-31 CN¥5.06 Billion +4.25%
2020-12-31 CN¥4.86 Billion +4.74%
2019-12-31 CN¥4.64 Billion -2.50%
2018-12-31 CN¥4.76 Billion -1.65%
2017-12-31 CN¥4.84 Billion -7.53%
2016-12-31 CN¥5.23 Billion +20.49%
2015-12-31 CN¥4.34 Billion +14.59%
2014-12-31 CN¥3.79 Billion +8.37%
2013-12-31 CN¥3.49 Billion +7.48%
2012-12-31 CN¥3.25 Billion +7.96%
2011-12-31 CN¥3.01 Billion +8.68%
2010-12-31 CN¥2.77 Billion +35.23%
2009-12-31 CN¥2.05 Billion +11.21%
2008-12-31 CN¥1.84 Billion -6.46%
2007-12-31 CN¥1.97 Billion +1263.01%
2006-12-31 CN¥144.52 Million +5.01%
2005-12-31 CN¥137.63 Million +2.53%
2004-12-31 CN¥134.23 Million -5.35%
2003-12-31 CN¥141.82 Million -20.93%
2002-12-31 CN¥179.35 Million +113.94%
2001-12-31 CN¥83.83 Million +13.62%
2000-12-31 CN¥73.78 Million +12.61%
1999-12-31 CN¥65.52 Million --

Equity Component Analysis

This analysis shows how different components contribute to Time Publishing and Media Co Ltd Class A'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 384039199700.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.84 Billion 66.37%
Common Stock CN¥678.05 Million 11.72%
Other Components CN¥1.27 Billion 21.91%
Total Equity CN¥5.79 Billion 100.00%

Time Publishing and Media Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Time Publishing and Media Co Ltd Class A ranked by their market capitalization.

Company Market Cap
TELUS International (Cda) Inc.
MU:5Z9
 		$251.53 Million
Jiangsu Sanfangxiang Industry Co Ltd
SHG:600370
 		$251.57 Million
Nanjing Textiles Import & Export Corp Ltd
SHG:600250
 		$251.60 Million
Shandong Chenming Paper Holdings Ltd Class B
SHE:200488
 		$251.60 Million
MGP Ingredients Inc
NASDAQ:MGPI
 		$251.48 Million
Lootom Telcovideo Network Wuxi Co Ltd
SHE:300555
 		$251.48 Million
Cohen Circle Acquisition Corp. I Class A Ordinary Shares
NASDAQ:CCIR
 		$251.46 Million
Niagen Bioscience, Inc.
NASDAQ:NAGE
 		$251.41 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Time Publishing and Media Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,695,476,000 to 5,786,070,000, a change of 90,594,000 (1.6%).
  • Net income of 399,535,000 contributed positively to equity growth.
  • Dividend payments of 336,919,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥399.54 Million +6.91%
Dividends Paid CN¥336.92 Million -5.82%
Other Changes CN¥27.98 Million +0.48%
Total Change CN¥- 1.59%

Book Value vs Market Value Analysis

This analysis compares Time Publishing and Media Co Ltd Class A'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: 0.99x
  • 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 24.66x to 0.99x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 CN¥0.34 CN¥8.44 x
2000-12-31 CN¥0.39 CN¥8.44 x
2001-12-31 CN¥0.40 CN¥8.44 x
2002-12-31 CN¥0.86 CN¥8.44 x
2003-12-31 CN¥0.60 CN¥8.44 x
2004-12-31 CN¥0.62 CN¥8.44 x
2005-12-31 CN¥0.63 CN¥8.44 x
2006-12-31 CN¥0.69 CN¥8.44 x
2007-12-31 CN¥4.87 CN¥8.44 x
2008-12-31 CN¥5.23 CN¥8.44 x
2009-12-31 CN¥4.20 CN¥8.44 x
2010-12-31 CN¥5.46 CN¥8.44 x
2011-12-31 CN¥5.71 CN¥8.44 x
2012-12-31 CN¥6.19 CN¥8.44 x
2013-12-31 CN¥6.68 CN¥8.44 x
2014-12-31 CN¥7.24 CN¥8.44 x
2015-12-31 CN¥8.36 CN¥8.44 x
2016-12-31 CN¥10.13 CN¥8.44 x
2017-12-31 CN¥9.31 CN¥8.44 x
2018-12-31 CN¥9.15 CN¥8.44 x
2019-12-31 CN¥9.35 CN¥8.44 x
2020-12-31 CN¥9.87 CN¥8.44 x
2021-12-31 CN¥10.31 CN¥8.44 x
2022-12-31 CN¥10.85 CN¥8.44 x
2023-12-31 CN¥8.40 CN¥8.44 x
2024-12-31 CN¥8.53 CN¥8.44 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Time Publishing and Media Co Ltd Class A 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): 6.91%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.80%
  • • Asset Turnover: 0.95x
  • • Equity Multiplier: 1.51x
  • Recent ROE (6.91%) is above the historical average (5.53%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 9.10% 16.07% 0.42x 1.36x CN¥-589.67K
2000 11.20% 14.08% 0.49x 1.62x CN¥884.51K
2001 12.97% 18.15% 0.33x 2.14x CN¥2.30 Million
2002 0.88% 2.25% 0.21x 1.82x CN¥-15.10 Million
2003 -43.43% -65.17% 0.25x 2.67x CN¥-61.65 Million
2004 2.05% 2.59% 0.38x 2.07x CN¥-9.37 Million
2005 2.25% 2.66% 0.41x 2.06x CN¥-9.35 Million
2006 3.03% 3.62% 0.43x 1.92x CN¥-9.14 Million
2007 0.40% 4.66% 0.06x 1.49x CN¥-134.52 Million
2008 12.36% 14.65% 0.63x 1.33x CN¥40.95 Million
2009 11.50% 12.85% 0.65x 1.38x CN¥29.31 Million
2010 9.30% 13.50% 0.51x 1.35x CN¥-18.65 Million
2011 9.44% 11.19% 0.59x 1.42x CN¥-16.32 Million
2012 9.96% 9.94% 0.67x 1.50x CN¥-1.30 Million
2013 10.27% 8.02% 0.79x 1.62x CN¥9.01 Million
2014 10.64% 7.27% 0.87x 1.68x CN¥23.35 Million
2015 9.33% 6.53% 0.88x 1.63x CN¥-28.02 Million
2016 7.89% 5.95% 0.88x 1.50x CN¥-107.38 Million
2017 6.38% 4.54% 0.98x 1.43x CN¥-170.48 Million
2018 7.12% 5.12% 0.95x 1.47x CN¥-133.29 Million
2019 5.11% 3.60% 0.95x 1.50x CN¥-223.10 Million
2020 5.61% 4.16% 0.92x 1.47x CN¥-209.73 Million
2021 7.20% 4.55% 1.06x 1.49x CN¥-139.90 Million
2022 6.55% 4.50% 0.99x 1.46x CN¥-181.35 Million
2023 9.75% 6.42% 0.94x 1.62x CN¥-14.46 Million
2024 6.91% 4.80% 0.95x 1.51x CN¥-179.07 Million

Industry Comparison

This section compares Time Publishing and Media Co Ltd Class A's net assets metrics with peer companies in the Publishing industry.

Industry Context

  • Industry: Publishing
  • Average net assets among peers: $859,304,526
  • Average return on equity (ROE) among peers: 9.62%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Time Publishing and Media Co Ltd Class A (600551) CN¥5.91 Billion 9.10% 0.42x $251.53 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
Qingdao Citymedia Co Ltd (600229) $864.83 Million 7.49% 0.78x $207.35 Million