Time Publishing and Media Co Ltd Class A (600551) - Net Assets
Based on the latest financial reports, Time Publishing and Media Co Ltd Class A (600551) has net assets worth CN¥6.02 Billion CNY (≈ $881.62 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¥8.52 Billion ≈ $1.25 Billion USD) and total liabilities (CN¥2.50 Billion ≈ $365.47 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. Also explore how large is Time Publishing and Media Co Ltd Class A's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.02 Billion |
| % of Total Assets | 70.69% |
| Annual Growth Rate | 18.95% |
| 5-Year Change | 17.99% |
| 10-Year Change | 14.24% |
| Growth Volatility | 242.13 |
Time Publishing and Media Co Ltd Class A - Net Assets Trend (1999–2025)
This chart illustrates how Time Publishing and Media Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Time Publishing and Media Co Ltd Class A to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Time Publishing and Media Co Ltd Class A (1999–2025)
The table below shows the annual net assets of Time Publishing and Media Co Ltd Class A from 1999 to 2025. For live valuation and market cap data, see Time Publishing and Media Co Ltd Class A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.97 Billion ≈ $874.18 Million |
+2.43% |
| 2024-12-31 | CN¥5.83 Billion ≈ $853.46 Million |
+1.39% |
| 2023-12-31 | CN¥5.75 Billion ≈ $841.76 Million |
+8.03% |
| 2022-12-31 | CN¥5.32 Billion ≈ $779.16 Million |
+5.17% |
| 2021-12-31 | CN¥5.06 Billion ≈ $740.89 Million |
+4.25% |
| 2020-12-31 | CN¥4.86 Billion ≈ $710.66 Million |
+4.74% |
| 2019-12-31 | CN¥4.64 Billion ≈ $678.50 Million |
-2.50% |
| 2018-12-31 | CN¥4.76 Billion ≈ $695.88 Million |
-1.65% |
| 2017-12-31 | CN¥4.84 Billion ≈ $707.58 Million |
-7.53% |
| 2016-12-31 | CN¥5.23 Billion ≈ $765.19 Million |
+20.49% |
| 2015-12-31 | CN¥4.34 Billion ≈ $635.05 Million |
+14.59% |
| 2014-12-31 | CN¥3.79 Billion ≈ $554.20 Million |
+8.37% |
| 2013-12-31 | CN¥3.49 Billion ≈ $511.40 Million |
+7.48% |
| 2012-12-31 | CN¥3.25 Billion ≈ $475.80 Million |
+7.96% |
| 2011-12-31 | CN¥3.01 Billion ≈ $440.71 Million |
+8.68% |
| 2010-12-31 | CN¥2.77 Billion ≈ $405.49 Million |
+35.23% |
| 2009-12-31 | CN¥2.05 Billion ≈ $299.86 Million |
+11.21% |
| 2008-12-31 | CN¥1.84 Billion ≈ $269.64 Million |
-6.46% |
| 2007-12-31 | CN¥1.97 Billion ≈ $288.25 Million |
+1263.01% |
| 2006-12-31 | CN¥144.52 Million ≈ $21.15 Million |
+5.01% |
| 2005-12-31 | CN¥137.63 Million ≈ $20.14 Million |
+2.53% |
| 2004-12-31 | CN¥134.23 Million ≈ $19.64 Million |
-5.35% |
| 2003-12-31 | CN¥141.82 Million ≈ $20.75 Million |
-20.93% |
| 2002-12-31 | CN¥179.35 Million ≈ $26.24 Million |
+113.94% |
| 2001-12-31 | CN¥83.83 Million ≈ $12.27 Million |
+13.62% |
| 2000-12-31 | CN¥73.78 Million ≈ $10.80 Million |
+12.61% |
| 1999-12-31 | CN¥65.52 Million ≈ $9.59 Million |
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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 395680062447.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.96 Billion | 66.78% |
| Other Components | CN¥1.97 Billion | 33.22% |
| Total Equity | CN¥5.92 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 |
|---|---|
|
Anpec Electronics
TWO:6138
|
$675.10 Million |
|
Groupon Inc
NASDAQ:GRPN
|
$675.36 Million |
|
Shanghai Hugong Elec(Group)
SHG:603131
|
$675.41 Million |
|
Chutian Dragon Co Ltd
SHE:003040
|
$675.46 Million |
|
V-Mart Retail Limited
NSE:VMART
|
$674.65 Million |
|
BridgeBio Oncology Therapeutics, Inc.
NASDAQ:BBOT
|
$674.50 Million |
|
Grendene S.A
SA:GRND3
|
$674.45 Million |
|
HDC Holdings Co Ltd
KO:012630
|
$674.29 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 2024 to 2025, total equity changed from 5,786,070,000 to 5,924,498,018, a change of 138,428,018 (2.4%).
- Net income of 409,758,557 contributed positively to equity growth.
- Dividend payments of 279,172,654 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥409.76 Million | +6.92% |
| Dividends Paid | CN¥279.17 Million | -4.71% |
| Other Changes | CN¥7.84 Million | +0.13% |
| Total Change | CN¥- | 2.39% |
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: 0.78x
- 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 19.87x to 0.78x 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¥6.80 | x |
| 2000-12-31 | CN¥0.39 | CN¥6.80 | x |
| 2001-12-31 | CN¥0.40 | CN¥6.80 | x |
| 2002-12-31 | CN¥0.86 | CN¥6.80 | x |
| 2003-12-31 | CN¥0.60 | CN¥6.80 | x |
| 2004-12-31 | CN¥0.62 | CN¥6.80 | x |
| 2005-12-31 | CN¥0.63 | CN¥6.80 | x |
| 2006-12-31 | CN¥0.69 | CN¥6.80 | x |
| 2007-12-31 | CN¥4.87 | CN¥6.80 | x |
| 2008-12-31 | CN¥5.23 | CN¥6.80 | x |
| 2009-12-31 | CN¥4.20 | CN¥6.80 | x |
| 2010-12-31 | CN¥5.46 | CN¥6.80 | x |
| 2011-12-31 | CN¥5.71 | CN¥6.80 | x |
| 2012-12-31 | CN¥6.19 | CN¥6.80 | x |
| 2013-12-31 | CN¥4.77 | CN¥6.80 | x |
| 2014-12-31 | CN¥5.18 | CN¥6.80 | x |
| 2015-12-31 | CN¥5.95 | CN¥6.80 | x |
| 2016-12-31 | CN¥7.20 | CN¥6.80 | x |
| 2017-12-31 | CN¥6.65 | CN¥6.80 | x |
| 2018-12-31 | CN¥6.54 | CN¥6.80 | x |
| 2019-12-31 | CN¥6.68 | CN¥6.80 | x |
| 2020-12-31 | CN¥7.05 | CN¥6.80 | x |
| 2021-12-31 | CN¥7.36 | CN¥6.80 | x |
| 2022-12-31 | CN¥7.75 | CN¥6.80 | x |
| 2023-12-31 | CN¥8.40 | CN¥6.80 | x |
| 2024-12-31 | CN¥8.53 | CN¥6.80 | x |
| 2025-12-31 | CN¥8.74 | CN¥6.80 | 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): 6.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.15%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.42x
- Recent ROE (6.92%) is above the historical average (5.58%), 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 | 9.87% | 9.85% | 0.67x | 1.50x | CN¥-3.98 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% | 3.59% | 0.95x | 1.50x | CN¥-223.04 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 |
| 2025 | 6.92% | 6.15% | 0.79x | 1.42x | CN¥-182.69 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: $1,309,076,828
- Average return on equity (ROE) among peers: 2.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Time Publishing and Media Co Ltd Class A (600551) | CN¥6.02 Billion | 9.10% | 0.41x | $674.70 Million |
| Huamei Holding (000607) | $895.42 Million | 6.51% | 0.47x | $485.48 Million |
| Central China Land Media Co Ltd (000719) | $157.96 Million | 11.87% | 2.05x | $1.81 Billion |
| Guangdong Guangzhou Daily Media Co Ltd (002181) | $1.21 Billion | 0.91% | 0.16x | $1.29 Billion |
| Tangel Publishing (300148) | $3.16 Billion | -34.33% | 0.20x | $389.71 Million |
| COL Digital Publishing Group Co Ltd (300364) | $1.62 Billion | 6.10% | 0.36x | $2.27 Billion |
| Citic Press Corp (300788) | $2.04 Billion | 11.86% | 0.66x | $673.09 Million |
| Dook Media Group Limited (301025) | $621.12 Million | 1.41% | 0.14x | $462.77 Million |
| GUOMAI Culture & Media Co. Ltd. (301052) | $603.94 Million | 6.76% | 0.24x | $307.86 Million |
| Ronshin Group A (301231) | $834.28 Million | -2.17% | 0.17x | $277.76 Million |
| Qingdao Citymedia Co Ltd (600229) | $1.95 Billion | 11.98% | 0.35x | $465.04 Million |
About Time Publishing and Media Co Ltd Class A
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