Zhejiang Whwh

SHG:600576 China Entertainment
Market Cap
$915.53 Million
CN¥6.72 Billion CNY
Market Cap Rank
#12068 Global
#2954 in China
Share Price
CN¥6.37
Change (1 day)
+0.16%
52-Week Range
CN¥5.71 - CN¥10.75
All Time High
CN¥30.36
Categories
Companies in China Entertainment
About

Zhejiang Sunriver Culture Tourism Co.,Ltd. engages in the tourism, animation film and television, cultural, and digital technology businesses in China. It offers tourism services, including scenic spot services, hotel services, zoo business, software and hardware integration construction, digital operation and technical services for smart cultural tourism projects, and tourism and vacation servic… Read more

Zhejiang Whwh (600576) - Net Assets

Latest net assets as of September 2025: CN¥3.22 Billion CNY

Based on the latest financial reports, Zhejiang Whwh (600576) has net assets worth CN¥3.22 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¥5.08 Billion) and total liabilities (CN¥1.86 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¥3.22 Billion
% of Total Assets 63.43%
Annual Growth Rate 13.22%
5-Year Change 202.31%
10-Year Change 74.61%
Growth Volatility 62.01

Zhejiang Whwh - Net Assets Trend (1999–2024)

This chart illustrates how Zhejiang Whwh's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Zhejiang Whwh (1999–2024)

The table below shows the annual net assets of Zhejiang Whwh from 1999 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.04 Billion +7.48%
2023-12-31 CN¥2.82 Billion +4.34%
2022-12-31 CN¥2.71 Billion +158.05%
2021-12-31 CN¥1.05 Billion +4.47%
2020-12-31 CN¥1.00 Billion +3.72%
2019-12-31 CN¥968.13 Million -48.19%
2018-12-31 CN¥1.87 Billion -0.52%
2017-12-31 CN¥1.88 Billion +1.95%
2016-12-31 CN¥1.84 Billion +5.98%
2015-12-31 CN¥1.74 Billion +235.19%
2014-12-31 CN¥518.69 Million -4.24%
2013-12-31 CN¥541.64 Million -6.75%
2012-12-31 CN¥580.82 Million +4.06%
2011-12-31 CN¥558.18 Million +3.46%
2010-12-31 CN¥539.50 Million -2.51%
2009-12-31 CN¥553.39 Million +10.29%
2008-12-31 CN¥501.75 Million -6.30%
2007-12-31 CN¥535.51 Million +8.48%
2006-12-31 CN¥493.66 Million +8.05%
2005-12-31 CN¥456.86 Million -12.49%
2004-12-31 CN¥522.07 Million -17.85%
2003-12-31 CN¥635.49 Million +156.21%
2002-12-31 CN¥248.03 Million +21.50%
2001-12-31 CN¥204.15 Million +28.11%
2000-12-31 CN¥159.36 Million +17.07%
1999-12-31 CN¥136.13 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Whwh'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 decreased by 26223.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.05 Billion 37.47%
Other Components CN¥2.49 Billion 88.40%
Total Equity CN¥2.81 Billion 100.00%

Zhejiang Whwh Competitors by Market Cap

The table below lists competitors of Zhejiang Whwh ranked by their market capitalization.

Company Market Cap
enCore Energy Corp. Common Shares
NYSE MKT:EU
 		$350.84 Million
SRG Global Limited
PINK:SRGGF
 		$350.89 Million
Mengtian Home Group Inc.
SHG:603216
 		$350.89 Million
Adlai Nortye Ltd. American Depositary Shares
NASDAQ:ANL
 		$350.92 Million
Shenzhen Xinhao Photoelectricity Technology Co. Ltd
SHE:301051
 		$350.80 Million
Shenzhen Edadoc Technology Co. Ltd. A
SHE:301366
 		$350.77 Million
Caledonia Mining Corporation
NYSE MKT:CMCL
 		$350.66 Million
Rategain Travel Technologies Limited
NSE:RATEGAIN
 		$350.60 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Whwh's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,728,822,357 to 2,814,036,790, a change of 85,214,433 (3.1%).
  • Net income of 146,550,210 contributed positively to equity growth.
  • Dividend payments of 17,046,757 reduced retained earnings.
  • Share repurchases of 59,967,358 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥146.55 Million +5.21%
Dividends Paid CN¥17.05 Million -0.61%
Share Repurchases CN¥59.97 Million -2.13%
Other Changes CN¥15.68 Million +0.56%
Total Change CN¥- 3.12%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Whwh'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: 2.39x
  • 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 28.98x to 2.39x 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¥0.22 CN¥6.37 x
2000-12-31 CN¥0.26 CN¥6.37 x
2001-12-31 CN¥0.32 CN¥6.37 x
2002-12-31 CN¥0.60 CN¥6.37 x
2003-12-31 CN¥1.55 CN¥6.37 x
2004-12-31 CN¥1.26 CN¥6.37 x
2005-12-31 CN¥1.09 CN¥6.37 x
2006-12-31 CN¥0.94 CN¥6.37 x
2007-12-31 CN¥1.04 CN¥6.37 x
2008-12-31 CN¥1.09 CN¥6.37 x
2009-12-31 CN¥1.13 CN¥6.37 x
2010-12-31 CN¥1.11 CN¥6.37 x
2011-12-31 CN¥1.17 CN¥6.37 x
2012-12-31 CN¥1.04 CN¥6.37 x
2013-12-31 CN¥1.09 CN¥6.37 x
2014-12-31 CN¥1.03 CN¥6.37 x
2015-12-31 CN¥3.11 CN¥6.37 x
2016-12-31 CN¥2.86 CN¥6.37 x
2017-12-31 CN¥2.88 CN¥6.37 x
2018-12-31 CN¥2.61 CN¥6.37 x
2019-12-31 CN¥1.62 CN¥6.37 x
2020-12-31 CN¥1.66 CN¥6.37 x
2021-12-31 CN¥1.73 CN¥6.37 x
2022-12-31 CN¥2.72 CN¥6.37 x
2023-12-31 CN¥2.52 CN¥6.37 x
2024-12-31 CN¥2.67 CN¥6.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Whwh 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): 5.21%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.96%
  • • Asset Turnover: 0.19x
  • • Equity Multiplier: 1.63x
  • Recent ROE (5.21%) is above the historical average (-0.26%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 11.54% 3.71% 1.14x 2.73x CN¥2.10 Million
2000 24.52% 6.36% 1.12x 3.43x CN¥23.09 Million
2001 21.39% 5.19% 1.37x 3.01x CN¥22.43 Million
2002 18.67% 5.29% 1.18x 2.98x CN¥20.85 Million
2003 5.01% 3.41% 0.59x 2.49x CN¥-31.24 Million
2004 -18.89% -9.72% 0.78x 2.48x CN¥-147.42 Million
2005 -15.95% -6.55% 0.95x 2.57x CN¥-114.23 Million
2006 1.45% 0.53% 0.84x 3.26x CN¥-38.16 Million
2007 7.44% 7.86% 0.37x 2.59x CN¥-12.39 Million
2008 3.77% 4.46% 0.49x 1.74x CN¥-31.20 Million
2009 5.61% 9.72% 0.40x 1.46x CN¥-24.26 Million
2010 -4.91% -7.95% 0.54x 1.15x CN¥-80.32 Million
2011 3.48% 7.99% 0.25x 1.72x CN¥-36.37 Million
2012 -13.12% -314.03% 0.02x 1.82x CN¥-114.02 Million
2013 1.66% 10.41% 0.11x 1.43x CN¥-41.80 Million
2014 -2.91% -118.72% 0.02x 1.33x CN¥-62.84 Million
2015 1.61% 7.63% 0.19x 1.12x CN¥-144.16 Million
2016 5.95% 15.17% 0.37x 1.07x CN¥-73.91 Million
2017 4.87% 11.55% 0.38x 1.11x CN¥-96.33 Million
2018 0.77% 1.98% 0.35x 1.11x CN¥-172.15 Million
2019 -85.27% -202.06% 0.35x 1.21x CN¥-953.42 Million
2020 1.85% 8.16% 0.20x 1.13x CN¥-83.59 Million
2021 3.15% 7.68% 0.37x 1.12x CN¥-73.45 Million
2022 0.73% 4.24% 0.14x 1.26x CN¥-247.94 Million
2023 5.54% 20.95% 0.20x 1.35x CN¥-121.59 Million
2024 5.21% 16.96% 0.19x 1.63x CN¥-134.85 Million

Industry Comparison

This section compares Zhejiang Whwh's net assets metrics with peer companies in the Entertainment industry.

Industry Context

  • Industry: Entertainment
  • Average net assets among peers: $3,842,373,836
  • Average return on equity (ROE) among peers: 6.86%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Whwh (600576) CN¥3.22 Billion 11.54% 0.58x $350.83 Million
Wasu Media Holding Co Ltd (000156) $-483.62 Million 0.00% 0.00x $990.32 Million
Huawen Media Investment Corp (000793) $9.45 Billion 8.74% 0.36x $659.46 Million
Beijing Jingxi Culture&Tourism Co Ltd (000802) $259.33 Million 1.40% 1.27x $326.33 Million
CITIC Guoan Information Industry Co Ltd (000839) $4.91 Billion 2.66% 1.35x $1.26 Billion
Bona Film Group Co Ltd (001330) $1.18 Billion -0.69% 0.67x $822.68 Million
Guangdong Alpha Animation and Culture Co Ltd (002292) $1.80 Billion 12.85% 0.81x $966.72 Million
Ciwen Media Co Ltd (002343) $1.33 Billion 9.13% 0.31x $338.30 Million
Perfect World Co Ltd (002624) $9.42 Billion 5.21% 0.54x $3.48 Billion
Wanda Cinema Line Corp (002739) $10.39 Billion 13.15% 0.84x $2.38 Billion
Shanghai Lisheng Racing Co Ltd (002858) $155.18 Million 16.15% 0.20x $254.67 Million