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

Latest as of September 2025: CN¥5.91 Billion CNY ≈ $864.30 Million USD

Based on the latest financial reports, Time Publishing and Media Co Ltd Class A (600551) has net assets worth CN¥5.91 Billion CNY (≈ $864.30 Million USD) 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 ≈ $1.23 Billion USD) and total liabilities (CN¥2.51 Billion ≈ $366.71 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 600551 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 600551 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Time Publishing and Media Co Ltd Class A (600551) market capitalisation.

Year	Net Assets	Change
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	--

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
DongHua Testing Technology Co Ltd SHE:300354	$793.84 Million
Criteo S.A F:CI5A	$793.93 Million
Hite Jinro KO:000080	$794.14 Million
Playtech plc F:PL8	$794.34 Million
Mirle Automation Corp TW:2464	$793.53 Million
Wangli Security & Surveillance Product Co. Ltd SHG:605268	$793.49 Million
Hainan Expressway Co Ltd SHE:000886	$792.94 Million
EVOTEC SE ADR 1/2 O.N. F:EVTA	$792.54 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: 0.94x
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 23.37x to 0.94x 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¥8.00	x
2000-12-31	CN¥0.39	CN¥8.00	x
2001-12-31	CN¥0.40	CN¥8.00	x
2002-12-31	CN¥0.86	CN¥8.00	x
2003-12-31	CN¥0.60	CN¥8.00	x
2004-12-31	CN¥0.62	CN¥8.00	x
2005-12-31	CN¥0.63	CN¥8.00	x
2006-12-31	CN¥0.69	CN¥8.00	x
2007-12-31	CN¥4.87	CN¥8.00	x
2008-12-31	CN¥5.23	CN¥8.00	x
2009-12-31	CN¥4.20	CN¥8.00	x
2010-12-31	CN¥5.46	CN¥8.00	x
2011-12-31	CN¥5.71	CN¥8.00	x
2012-12-31	CN¥6.19	CN¥8.00	x
2013-12-31	CN¥6.68	CN¥8.00	x
2014-12-31	CN¥7.24	CN¥8.00	x
2015-12-31	CN¥8.36	CN¥8.00	x
2016-12-31	CN¥10.13	CN¥8.00	x
2017-12-31	CN¥9.31	CN¥8.00	x
2018-12-31	CN¥9.15	CN¥8.00	x
2019-12-31	CN¥9.35	CN¥8.00	x
2020-12-31	CN¥9.87	CN¥8.00	x
2021-12-31	CN¥10.31	CN¥8.00	x
2022-12-31	CN¥10.85	CN¥8.00	x
2023-12-31	CN¥8.40	CN¥8.00	x
2024-12-31	CN¥8.53	CN¥8.00	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: $1,852,900,140
Average return on equity (ROE) among peers: 7.29%

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	$793.77 Million
Huamei Holding (000607)	$192.92 Million	7.15%	1.92x	$621.00 Million
Central China Land Media Co Ltd (000719)	$1.75 Billion	11.24%	0.48x	$2.08 Billion
Guangdong Guangzhou Daily Media Co Ltd (002181)	$665.74 Million	9.51%	0.46x	$3.12 Billion
Tangel Publishing (300148)	$83.44 Million	17.03%	0.31x	$525.36 Million
Citic Press Corp (300788)	$2.09 Billion	5.56%	0.59x	$941.88 Million
Dook Media Group Limited (301025)	$656.19 Million	9.50%	0.23x	$678.33 Million
GUOMAI Culture & Media Co. Ltd. (301052)	$713.72 Million	5.72%	0.34x	$490.61 Million
Ronshin Group A (301231)	$866.68 Million	-5.12%	0.05x	$388.67 Million
Qingdao Citymedia Co Ltd (600229)	$1.19 Billion	2.04%	1.36x	$607.16 Million
Chinese Universe Publishing And Media Co Ltd (600373)	$10.31 Billion	10.26%	0.71x	$1.66 Billion

About Time Publishing and Media Co Ltd Class A

SHG:600551 China Publishing

Market Cap

$793.77 Million

CN¥5.42 Billion CNY

Market Cap Rank

#10306 Global

#2992 in China

Share Price

CN¥8.00

Change (1 day)

-1.23%

52-Week Range

CN¥7.73 - CN¥10.22

All Time High

CN¥24.53