China Reform Culture Holdings Co Ltd

SHG:600636 China Chemicals
Market Cap
$508.75 Million
CN¥3.73 Billion CNY
Market Cap Rank
#12920 Global
#3256 in China
Share Price
CN¥8.51
Change (1 day)
+0.47%
52-Week Range
CN¥6.18 - CN¥9.59
All Time High
CN¥18.68
Categories
Companies in China Chemicals
About

China Reform Culture Holdings Co., Ltd. develops and sells educational recording and broadcasting software and hardware in China. The company engages in the education informatization and vocational education businesses. It also offers technology development, technology transfer, technical consultation, and technical services; software development services; and information system integration servi… Read more

China Reform Culture Holdings Co Ltd (600636) - Net Assets

Latest net assets as of September 2025: CN¥2.06 Billion CNY

Based on the latest financial reports, China Reform Culture Holdings Co Ltd (600636) has net assets worth CN¥2.06 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¥2.18 Billion) and total liabilities (CN¥118.95 Million). 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¥2.06 Billion
% of Total Assets 94.54%
Annual Growth Rate 8.78%
5-Year Change -32.81%
10-Year Change -38.37%
Growth Volatility 21.12

China Reform Culture Holdings Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how China Reform Culture Holdings 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 China Reform Culture Holdings Co Ltd (1993–2024)

The table below shows the annual net assets of China Reform Culture Holdings Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.05 Billion -17.19%
2023-12-31 CN¥2.47 Billion -7.96%
2022-12-31 CN¥2.69 Billion +4.52%
2021-12-31 CN¥2.57 Billion -15.66%
2020-12-31 CN¥3.05 Billion -2.27%
2019-12-31 CN¥3.12 Billion -1.07%
2018-12-31 CN¥3.15 Billion -2.00%
2017-12-31 CN¥3.21 Billion +4.89%
2016-12-31 CN¥3.06 Billion -7.71%
2015-12-31 CN¥3.32 Billion +57.40%
2014-12-31 CN¥2.11 Billion +0.75%
2013-12-31 CN¥2.09 Billion +1.30%
2012-12-31 CN¥2.07 Billion +6.85%
2011-12-31 CN¥1.93 Billion +82.53%
2010-12-31 CN¥1.06 Billion +12.44%
2009-12-31 CN¥942.52 Million +2.78%
2008-12-31 CN¥917.03 Million -9.21%
2007-12-31 CN¥1.01 Billion +11.13%
2006-12-31 CN¥908.87 Million +15.10%
2005-12-31 CN¥789.65 Million +24.65%
2004-12-31 CN¥633.50 Million +18.11%
2003-12-31 CN¥536.34 Million +13.80%
2002-12-31 CN¥471.32 Million +60.80%
2001-12-31 CN¥293.12 Million +7.86%
2000-12-31 CN¥271.75 Million +14.89%
1999-12-31 CN¥236.52 Million +12.42%
1998-12-31 CN¥210.39 Million +18.17%
1997-12-31 CN¥178.05 Million +12.07%
1996-12-31 CN¥158.87 Million +2.18%
1995-12-31 CN¥155.47 Million -1.26%
1994-12-31 CN¥157.46 Million +4.50%
1993-12-31 CN¥150.67 Million --

Equity Component Analysis

This analysis shows how different components contribute to China Reform Culture Holdings 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 decreased by 221.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥438.64 Million 21.43%
Other Comprehensive Income CN¥215.21 Million 10.52%
Other Components CN¥1.41 Billion 68.73%
Total Equity CN¥2.05 Billion 100.00%

China Reform Culture Holdings Co Ltd Competitors by Market Cap

The table below lists competitors of China Reform Culture Holdings Co Ltd ranked by their market capitalization.

Company Market Cap
Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd
SHE:002388
 		$295.35 Million
Ibotta, Inc.
NYSE:IBTA
 		$295.36 Million
BK Technologies Inc
NYSE MKT:BKTI
 		$295.52 Million
Calbee Inc
PINK:CLBEY
 		$295.58 Million
Sinolong New Materials Co., Ltd.
SHE:301565
 		$295.26 Million
Artesian Resources Corporation
NASDAQ:ARTNA
 		$295.24 Million
Ningxia Younglight Chemicals Co Ltd
SHE:000635
 		$295.21 Million
Nowtransit Inc
PINK:NOTR
 		$295.18 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Reform Culture Holdings Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,471,399,065 to 2,046,499,521, a change of -424,899,544 (-17.2%).
  • Net loss of 408,680,606 reduced equity.
  • Dividend payments of 17,545,472 reduced retained earnings.
  • Other comprehensive income increased equity by 215,213,727.
  • Other factors decreased equity by 213,887,193.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-408.68 Million -19.97%
Dividends Paid CN¥17.55 Million -0.86%
Other Comprehensive Income CN¥215.21 Million +10.52%
Other Changes CN¥-213.89 Million -10.45%
Total Change CN¥- -17.19%

Book Value vs Market Value Analysis

This analysis compares China Reform Culture Holdings 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: 1.82x
  • 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 17.49x to 1.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.49 CN¥8.51 x
1994-12-31 CN¥0.51 CN¥8.51 x
1995-12-31 CN¥0.50 CN¥8.51 x
1996-12-31 CN¥0.51 CN¥8.51 x
1997-12-31 CN¥0.57 CN¥8.51 x
1998-12-31 CN¥0.67 CN¥8.51 x
1999-12-31 CN¥0.75 CN¥8.51 x
2000-12-31 CN¥0.86 CN¥8.51 x
2001-12-31 CN¥0.92 CN¥8.51 x
2002-12-31 CN¥1.46 CN¥8.51 x
2003-12-31 CN¥1.63 CN¥8.51 x
2004-12-31 CN¥1.88 CN¥8.51 x
2005-12-31 CN¥2.23 CN¥8.51 x
2006-12-31 CN¥1.93 CN¥8.51 x
2007-12-31 CN¥2.29 CN¥8.51 x
2008-12-31 CN¥1.88 CN¥8.51 x
2009-12-31 CN¥1.92 CN¥8.51 x
2010-12-31 CN¥2.05 CN¥8.51 x
2011-12-31 CN¥4.01 CN¥8.51 x
2012-12-31 CN¥4.35 CN¥8.51 x
2013-12-31 CN¥4.37 CN¥8.51 x
2014-12-31 CN¥4.28 CN¥8.51 x
2015-12-31 CN¥6.72 CN¥8.51 x
2016-12-31 CN¥5.55 CN¥8.51 x
2017-12-31 CN¥5.64 CN¥8.51 x
2018-12-31 CN¥6.87 CN¥8.51 x
2019-12-31 CN¥6.78 CN¥8.51 x
2020-12-31 CN¥6.82 CN¥8.51 x
2021-12-31 CN¥5.77 CN¥8.51 x
2022-12-31 CN¥6.12 CN¥8.51 x
2023-12-31 CN¥5.61 CN¥8.51 x
2024-12-31 CN¥4.67 CN¥8.51 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Reform Culture Holdings 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): -19.97%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -144.43%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 1.08x
  • Recent ROE (-19.97%) is below the historical average (6.27%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 9.01% 19.58% 0.35x 1.33x CN¥-1.41 Million
1994 4.75% 5.14% 0.61x 1.51x CN¥-7.87 Million
1995 3.54% 2.68% 0.80x 1.66x CN¥-9.57 Million
1996 4.11% 2.66% 0.80x 1.92x CN¥-8.87 Million
1997 10.03% 6.58% 0.70x 2.17x CN¥58.32K
1998 10.30% 6.96% 0.78x 1.89x CN¥597.51K
1999 10.60% 5.80% 0.92x 1.97x CN¥1.32 Million
2000 16.56% 8.55% 1.00x 1.94x CN¥16.55 Million
2001 18.01% 8.66% 1.00x 2.09x CN¥21.74 Million
2002 13.41% 6.96% 1.01x 1.91x CN¥14.65 Million
2003 10.18% 4.43% 1.06x 2.17x CN¥844.09K
2004 16.89% 5.11% 1.21x 2.72x CN¥38.11 Million
2005 17.33% 5.65% 1.14x 2.70x CN¥48.05 Million
2006 14.90% 4.90% 1.08x 2.82x CN¥36.15 Million
2007 10.57% 3.43% 0.98x 3.14x CN¥4.51 Million
2008 -9.66% -2.60% 1.00x 3.71x CN¥-141.66 Million
2009 2.55% 0.90% 0.90x 3.16x CN¥-55.11 Million
2010 5.85% 1.49% 1.02x 3.87x CN¥-32.64 Million
2011 47.81% 15.87% 1.30x 2.33x CN¥578.47 Million
2012 8.39% 4.24% 0.90x 2.19x CN¥-26.78 Million
2013 4.21% 2.14% 0.99x 1.99x CN¥-96.77 Million
2014 0.40% 0.16% 1.02x 2.39x CN¥-156.22 Million
2015 -11.16% -8.71% 0.78x 1.64x CN¥-589.70 Million
2016 -12.42% -6.50% 1.14x 1.68x CN¥-555.82 Million
2017 6.17% 2.97% 0.71x 2.91x CN¥-96.68 Million
2018 17.69% 32.65% 0.48x 1.14x CN¥236.15 Million
2019 3.94% 9.57% 0.35x 1.17x CN¥-183.61 Million
2020 5.11% 22.24% 0.21x 1.07x CN¥-149.07 Million
2021 -16.65% -96.27% 0.16x 1.07x CN¥-684.76 Million
2022 5.00% 28.64% 0.16x 1.06x CN¥-134.28 Million
2023 -6.83% -43.99% 0.15x 1.04x CN¥-415.99 Million
2024 -19.97% -144.43% 0.13x 1.08x CN¥-613.33 Million

Industry Comparison

This section compares China Reform Culture Holdings Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Reform Culture Holdings Co Ltd (600636) CN¥2.06 Billion 9.01% 0.06x $295.30 Million
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million