Zhejiang Daily Media Group Co Ltd

SHG:600633 China Internet Content & Information
Market Cap
$2.23 Billion
CN¥16.36 Billion CNY
Market Cap Rank
#6895 Global
#1115 in China
Share Price
CN¥12.90
Change (1 day)
-3.30%
52-Week Range
CN¥11.37 - CN¥17.39
All Time High
CN¥19.78
Categories
Companies in China Internet Content & Information Technology AI & Machine Learning
About

Zhejiang Daily Digital Culture Group Co.,Ltd, together with its subsidiaries, operates as an internet digital cultural company in China and internationally. It is involved in digital technology and cultural industry investment; investment management; provision of consulting services; design, production, agency, and release of various domestic advertisements; provision of copyright information con… Read more

Zhejiang Daily Media Group Co Ltd (600633) - Net Assets

Latest net assets as of September 2025: CN¥11.19 Billion CNY

Based on the latest financial reports, Zhejiang Daily Media Group Co Ltd (600633) has net assets worth CN¥11.19 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¥12.65 Billion) and total liabilities (CN¥1.46 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¥11.19 Billion
% of Total Assets 88.46%
Annual Growth Rate 12.31%
5-Year Change 18.26%
10-Year Change 100.76%
Growth Volatility 233.21

Zhejiang Daily Media Group Co Ltd - Net Assets Trend (1992–2024)

This chart illustrates how Zhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd (1992–2024)

The table below shows the annual net assets of Zhejiang Daily Media Group Co Ltd from 1992 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.98 Billion +2.13%
2023-12-31 CN¥10.75 Billion +6.04%
2022-12-31 CN¥10.14 Billion +4.39%
2021-12-31 CN¥9.71 Billion +4.61%
2020-12-31 CN¥9.28 Billion +2.50%
2019-12-31 CN¥9.06 Billion +4.44%
2018-12-31 CN¥8.67 Billion +0.09%
2017-12-31 CN¥8.66 Billion +12.87%
2016-12-31 CN¥7.68 Billion +40.37%
2015-12-31 CN¥5.47 Billion +16.89%
2014-12-31 CN¥4.68 Billion +11.53%
2013-12-31 CN¥4.20 Billion +165.35%
2012-12-31 CN¥1.58 Billion +40.42%
2011-12-31 CN¥1.13 Billion +865.20%
2010-12-31 CN¥116.65 Million +1.91%
2009-12-31 CN¥114.46 Million -14.14%
2008-12-31 CN¥133.31 Million -21.43%
2007-12-31 CN¥169.67 Million -4.55%
2006-12-31 CN¥177.77 Million +5.33%
2005-12-31 CN¥168.78 Million -18.77%
2004-12-31 CN¥207.77 Million -3.52%
2003-12-31 CN¥215.36 Million +8.00%
2002-12-31 CN¥199.41 Million +8.90%
2001-12-31 CN¥183.11 Million +214.37%
2000-12-31 CN¥-160.10 Million -944.56%
1999-12-31 CN¥18.96 Million -70.85%
1998-12-31 CN¥65.04 Million -48.34%
1997-12-31 CN¥125.89 Million -62.20%
1996-12-31 CN¥333.01 Million -11.53%
1995-12-31 CN¥376.42 Million -4.05%
1994-12-31 CN¥392.32 Million +8.46%
1993-12-31 CN¥361.72 Million +35.42%
1992-12-31 CN¥267.10 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Daily Media Group 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 59823.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.54 Billion 55.41%
Common Stock CN¥1.27 Billion 12.67%
Other Components CN¥3.19 Billion 31.91%
Total Equity CN¥10.00 Billion 100.00%

Zhejiang Daily Media Group Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Daily Media Group Co Ltd ranked by their market capitalization.

Company Market Cap
SES-imagotag Société Anonyme
PINK:SRBEF
 		$1.11 Billion
Österreichische Post AG
PINK:OERCF
 		$1.11 Billion
Genius Sports Ltd
NYSE:GENI
 		$1.11 Billion
Kalbe Farma Tbk PT
JK:KLBF
 		$1.11 Billion
Tennant Company
NYSE:TNC
 		$1.11 Billion
Zhejiang Windey Co Ltd
SHE:300772
 		$1.11 Billion
Beijing Toread Outdoor Product
SHE:300005
 		$1.11 Billion
GUYANA FRONTIER
F:58S
 		$1.11 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Daily Media Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,869,298,444 to 10,004,903,701, a change of 135,605,257 (1.4%).
  • Net income of 511,530,035 contributed positively to equity growth.
  • Dividend payments of 281,301,707 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥511.53 Million +5.11%
Dividends Paid CN¥281.30 Million -2.81%
Other Changes CN¥-94.62 Million -0.95%
Total Change CN¥- 1.37%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Daily Media Group 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: 1.65x
  • 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 61.13x to 1.65x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1992-12-31 CN¥0.21 CN¥12.90 x
1993-12-31 CN¥0.29 CN¥12.90 x
1994-12-31 CN¥0.31 CN¥12.90 x
1995-12-31 CN¥0.30 CN¥12.90 x
1996-12-31 CN¥0.26 CN¥12.90 x
1997-12-31 CN¥0.10 CN¥12.90 x
1998-12-31 CN¥0.05 CN¥12.90 x
1999-12-31 CN¥0.01 CN¥12.90 x
2000-12-31 CN¥-0.13 CN¥12.90 x
2001-12-31 CN¥0.14 CN¥12.90 x
2002-12-31 CN¥0.66 CN¥12.90 x
2003-12-31 CN¥0.72 CN¥12.90 x
2004-12-31 CN¥0.69 CN¥12.90 x
2005-12-31 CN¥0.56 CN¥12.90 x
2006-12-31 CN¥0.59 CN¥12.90 x
2007-12-31 CN¥0.56 CN¥12.90 x
2008-12-31 CN¥0.43 CN¥12.90 x
2009-12-31 CN¥0.38 CN¥12.90 x
2010-12-31 CN¥0.21 CN¥12.90 x
2011-12-31 CN¥1.39 CN¥12.90 x
2012-12-31 CN¥1.19 CN¥12.90 x
2013-12-31 CN¥3.28 CN¥12.90 x
2014-12-31 CN¥3.21 CN¥12.90 x
2015-12-31 CN¥3.56 CN¥12.90 x
2016-12-31 CN¥5.45 CN¥12.90 x
2017-12-31 CN¥6.02 CN¥12.90 x
2018-12-31 CN¥6.02 CN¥12.90 x
2019-12-31 CN¥6.35 CN¥12.90 x
2020-12-31 CN¥6.65 CN¥12.90 x
2021-12-31 CN¥7.05 CN¥12.90 x
2022-12-31 CN¥7.33 CN¥12.90 x
2023-12-31 CN¥7.74 CN¥12.90 x
2024-12-31 CN¥7.82 CN¥12.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Daily Media Group 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): 5.11%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.52%
  • • Asset Turnover: 0.25x
  • • Equity Multiplier: 1.23x
  • Recent ROE (5.11%) is above the historical average (-10.04%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 8.09% 6.82% 0.79x 1.50x CN¥-5.10 Million
1993 10.96% 7.83% 0.80x 1.75x CN¥3.46 Million
1994 10.74% 7.90% 0.70x 1.95x CN¥2.89 Million
1995 4.95% 3.19% 0.59x 2.62x CN¥-19.00 Million
1996 -23.56% -25.04% 0.30x 3.15x CN¥-111.76 Million
1997 -201.05% -357.63% 0.08x 7.39x CN¥-265.70 Million
1998 -18.29% -52.52% 0.03x 10.88x CN¥-18.40 Million
1999 -243.09% -487645.60% 0.00x 37.27x CN¥-47.98 Million
2000 0.00% -2336209.31% 0.00x 0.00x CN¥-50.22 Million
2001 9.72% 8.59% 0.55x 2.08x CN¥-504.42K
2002 12.15% 7.39% 0.97x 1.70x CN¥4.28 Million
2003 7.43% 5.24% 0.87x 1.63x CN¥-5.52 Million
2004 1.51% 0.95% 1.00x 1.58x CN¥-17.62 Million
2005 -23.12% -9.12% 1.33x 1.91x CN¥-55.82 Million
2006 2.28% 1.13% 1.23x 1.65x CN¥-13.70 Million
2007 -5.48% -2.13% 1.52x 1.69x CN¥-26.22 Million
2008 -26.73% -7.87% 1.90x 1.79x CN¥-48.87 Million
2009 -16.89% -5.16% 1.81x 1.81x CN¥-30.73 Million
2010 2.13% 0.58% 1.93x 1.92x CN¥-9.16 Million
2011 23.81% 16.25% 0.83x 1.77x CN¥126.50 Million
2012 21.51% 14.99% 0.56x 2.56x CN¥118.37 Million
2013 11.60% 17.05% 0.37x 1.85x CN¥56.75 Million
2014 13.57% 16.87% 0.43x 1.86x CN¥135.97 Million
2015 14.43% 17.62% 0.43x 1.90x CN¥187.13 Million
2016 9.45% 72.94% 0.09x 1.44x CN¥-35.73 Million
2017 21.10% 101.86% 0.16x 1.26x CN¥871.75 Million
2018 6.15% 24.91% 0.19x 1.29x CN¥-299.45 Million
2019 6.22% 17.60% 0.25x 1.39x CN¥-303.67 Million
2020 6.08% 14.46% 0.32x 1.33x CN¥-330.19 Million
2021 5.79% 16.86% 0.26x 1.33x CN¥-376.02 Million
2022 5.30% 9.47% 0.43x 1.32x CN¥-436.31 Million
2023 6.72% 21.54% 0.24x 1.31x CN¥-323.99 Million
2024 5.11% 16.52% 0.25x 1.23x CN¥-488.96 Million

Industry Comparison

This section compares Zhejiang Daily Media Group Co Ltd's net assets metrics with peer companies in the Internet Content & Information industry.

Industry Context

  • Industry: Internet Content & Information
  • Average net assets among peers: $1,107,314,287
  • Average return on equity (ROE) among peers: 10.58%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Daily Media Group Co Ltd (600633) CN¥11.19 Billion 8.09% 0.13x $1.11 Billion
Visual China Group Co Ltd (000681) $2.33 Billion 9.20% 0.51x $1.46 Billion
Shanghai Ganglian E Commerce (300226) $71.66 Million 27.44% 0.77x $799.45 Million
Everyday Network (300295) $681.22 Million 14.87% 0.05x $226.32 Million
Hubei Century Network Technology Co Ltd (300494) $1.44 Billion -18.09% 0.12x $605.35 Million
Beijing Zhidemai Technology (300785) $1.78 Billion 10.09% 0.25x $680.81 Million
Xinhuanet Co Ltd (603888) $697.22 Million 24.00% 0.67x $677.99 Million
Beijing Bohui Science & Technology Co Ltd (688004) $748.14 Million 6.57% 0.12x $130.87 Million