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

Latest as of December 2025: CN¥11.24 Billion CNY ≈ $1.65 Billion USD

Based on the latest financial reports, Zhejiang Daily Media Group Co Ltd (600633) has net assets worth CN¥11.24 Billion CNY (≈ $1.65 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥13.01 Billion ≈ $1.90 Billion USD) and total liabilities (CN¥1.77 Billion ≈ $259.19 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 how resilient are Zhejiang Daily Media Group Co Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥11.24 Billion
% of Total Assets 86.39%
Annual Growth Rate 12.0%
5-Year Change 15.76%
10-Year Change 46.45%
Growth Volatility 229.53

Zhejiang Daily Media Group Co Ltd - Net Assets Trend (1992–2025)

This chart illustrates how Zhejiang Daily Media Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Zhejiang Daily Media Group Co Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Zhejiang Daily Media Group Co Ltd (1992–2025)

The table below shows the annual net assets of Zhejiang Daily Media Group Co Ltd from 1992 to 2025. For live valuation and market cap data, see Zhejiang Daily Media Group Co Ltd market capitalisation.

Year Net Assets Change
2025-12-31 CN¥11.24 Billion
≈ $1.65 Billion		 +2.40%
2024-12-31 CN¥10.98 Billion
≈ $1.61 Billion		 +2.13%
2023-12-31 CN¥10.75 Billion
≈ $1.57 Billion		 +6.04%
2022-12-31 CN¥10.14 Billion
≈ $1.48 Billion		 +4.39%
2021-12-31 CN¥9.71 Billion
≈ $1.42 Billion		 +4.61%
2020-12-31 CN¥9.28 Billion
≈ $1.36 Billion		 +2.50%
2019-12-31 CN¥9.06 Billion
≈ $1.33 Billion		 +4.44%
2018-12-31 CN¥8.67 Billion
≈ $1.27 Billion		 +0.09%
2017-12-31 CN¥8.66 Billion
≈ $1.27 Billion		 +12.87%
2016-12-31 CN¥7.68 Billion
≈ $1.12 Billion		 +40.37%
2015-12-31 CN¥5.47 Billion
≈ $800.31 Million		 +16.89%
2014-12-31 CN¥4.68 Billion
≈ $684.65 Million		 +11.53%
2013-12-31 CN¥4.20 Billion
≈ $613.88 Million		 +165.35%
2012-12-31 CN¥1.58 Billion
≈ $231.35 Million		 +40.42%
2011-12-31 CN¥1.13 Billion
≈ $164.75 Million		 +865.20%
2010-12-31 CN¥116.65 Million
≈ $17.07 Million		 +1.91%
2009-12-31 CN¥114.46 Million
≈ $16.75 Million		 -14.14%
2008-12-31 CN¥133.31 Million
≈ $19.51 Million		 -21.43%
2007-12-31 CN¥169.67 Million
≈ $24.83 Million		 -4.55%
2006-12-31 CN¥177.77 Million
≈ $26.01 Million		 +5.33%
2005-12-31 CN¥168.78 Million
≈ $24.70 Million		 -18.77%
2004-12-31 CN¥207.77 Million
≈ $30.40 Million		 -3.52%
2003-12-31 CN¥215.36 Million
≈ $31.51 Million		 +8.00%
2002-12-31 CN¥199.41 Million
≈ $29.18 Million		 +8.90%
2001-12-31 CN¥183.11 Million
≈ $26.79 Million		 +214.37%
2000-12-31 CN¥-160.10 Million
≈ $-23.43 Million		 -944.56%
1999-12-31 CN¥18.96 Million
≈ $2.77 Million		 -70.85%
1998-12-31 CN¥65.04 Million
≈ $9.52 Million		 -48.34%
1997-12-31 CN¥125.89 Million
≈ $18.42 Million		 -62.20%
1996-12-31 CN¥333.01 Million
≈ $48.73 Million		 -11.53%
1995-12-31 CN¥376.42 Million
≈ $55.08 Million		 -4.05%
1994-12-31 CN¥392.32 Million
≈ $57.41 Million		 +8.46%
1993-12-31 CN¥361.72 Million
≈ $52.93 Million		 +35.42%
1992-12-31 CN¥267.10 Million
≈ $39.09 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 62288.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥5.77 Billion 56.33%
Other Components CN¥4.48 Billion 43.67%
Total Equity CN¥10.25 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
Qinhuangdao Port Co Ltd
SHG:601326
 $2.44 Billion
Treasury Wine Estates Limited
F:T7W
 $2.44 Billion
Shaanxi International Trust Co Ltd
SHE:000563
 $2.44 Billion
Warby Parker Inc
NYSE:WRBY
 $2.44 Billion
The Great Eastern Shipping Company Limited
NSE:GESHIP
 $2.43 Billion
Stx Heavy Indu
KO:071970
 $2.43 Billion
Netskope, Inc. Class A Common Stock
NASDAQ:NTSK
 $2.43 Billion
Greencore Group plc
F:GCG
 $2.43 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 2024 to 2025, total equity changed from 10,004,903,701 to 10,247,651,957, a change of 242,748,256 (2.4%).
  • Net income of 572,603,098 contributed positively to equity growth.
  • Dividend payments of 319,498,537 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥572.60 Million +5.59%
Dividends Paid CN¥319.50 Million -3.12%
Other Changes CN¥-10.36 Million -0.1%
Total Change CN¥- 2.43%

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: 1.62x
  • 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 62.17x to 1.62x 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¥13.12 x
1993-12-31 CN¥0.29 CN¥13.12 x
1994-12-31 CN¥0.31 CN¥13.12 x
1995-12-31 CN¥0.30 CN¥13.12 x
1996-12-31 CN¥0.26 CN¥13.12 x
1997-12-31 CN¥0.10 CN¥13.12 x
1998-12-31 CN¥0.05 CN¥13.12 x
1999-12-31 CN¥0.01 CN¥13.12 x
2000-12-31 CN¥-0.13 CN¥13.12 x
2001-12-31 CN¥0.14 CN¥13.12 x
2002-12-31 CN¥0.66 CN¥13.12 x
2003-12-31 CN¥0.72 CN¥13.12 x
2004-12-31 CN¥0.69 CN¥13.12 x
2005-12-31 CN¥0.56 CN¥13.12 x
2006-12-31 CN¥0.59 CN¥13.12 x
2007-12-31 CN¥0.56 CN¥13.12 x
2008-12-31 CN¥0.43 CN¥13.12 x
2009-12-31 CN¥0.38 CN¥13.12 x
2010-12-31 CN¥0.21 CN¥13.12 x
2011-12-31 CN¥1.39 CN¥13.12 x
2012-12-31 CN¥1.19 CN¥13.12 x
2013-12-31 CN¥3.28 CN¥13.12 x
2014-12-31 CN¥3.21 CN¥13.12 x
2015-12-31 CN¥3.56 CN¥13.12 x
2016-12-31 CN¥5.45 CN¥13.12 x
2017-12-31 CN¥6.02 CN¥13.12 x
2018-12-31 CN¥6.02 CN¥13.12 x
2019-12-31 CN¥6.35 CN¥13.12 x
2020-12-31 CN¥6.65 CN¥13.12 x
2021-12-31 CN¥7.05 CN¥13.12 x
2022-12-31 CN¥7.33 CN¥13.12 x
2023-12-31 CN¥7.74 CN¥13.12 x
2024-12-31 CN¥7.82 CN¥13.12 x
2025-12-31 CN¥8.08 CN¥13.12 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): 5.59%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.58%
  • • Asset Turnover: 0.24x
  • • Equity Multiplier: 1.27x
  • Recent ROE (5.59%) is above the historical average (-9.58%), 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
2025 5.59% 18.58% 0.24x 1.27x CN¥-452.16 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: $1,300,650,858
  • Average return on equity (ROE) among peers: 18.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Daily Media Group Co Ltd (600633) CN¥11.24 Billion 8.09% 0.16x $2.43 Billion
Visual China Group Co Ltd (000681) $3.07 Billion 7.13% 0.34x $2.24 Billion
Shanghai Ganglian E Commerce (300226) $394.13 Million 9.80% 0.46x $1.16 Billion
Everyday Network (300295) $743.94 Million 15.38% 0.13x $350.16 Million
Hubei Century Network Technology Co Ltd (300494) $132.96 Million 68.71% 0.15x $791.70 Million
Beijing Zhidemai Technology (300785) $1.65 Billion 9.49% 0.19x $1.44 Billion
Xinhuanet Co Ltd (603888) $2.36 Billion 11.88% 0.39x $1.98 Billion
Beijing Bohui Science & Technology Co Ltd (688004) $748.14 Million 6.57% 0.12x $272.01 Million

About Zhejiang Daily Media Group Co Ltd

SHG:600633 China Internet Content & Information
Market Cap
$2.43 Billion
CN¥16.64 Billion CNY
Market Cap Rank
#5557 Global
#1137 in China
Share Price
CN¥13.12
Change (1 day)
-2.53%
52-Week Range
CN¥11.92 - 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