New Guomai Digital Culture Co Ltd
New Guomai Digital Culture Co., Ltd. engages in digital content, digital intelligence applications, points redemption, and other internet-related businesses in China. It is involved in the collection, production, broadcasting, and viewing of digital content; digital intelligence travel, party building, and exhibitions; and government and enterprise industry information technology solutions. The c… Read more
New Guomai Digital Culture Co Ltd (600640) - Net Assets
Latest net assets as of September 2025: CN¥4.47 Billion CNY
Based on the latest financial reports, New Guomai Digital Culture Co Ltd (600640) has net assets worth CN¥4.47 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¥5.41 Billion) and total liabilities (CN¥935.95 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¥4.47 Billion |
| % of Total Assets | 82.69% |
| Annual Growth Rate | 9.8% |
| 5-Year Change | -10.71% |
| 10-Year Change | 45.16% |
| Growth Volatility | 30.32 |
New Guomai Digital Culture Co Ltd - Net Assets Trend (1992–2024)
This chart illustrates how New Guomai Digital Culture 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 New Guomai Digital Culture Co Ltd (1992–2024)
The table below shows the annual net assets of New Guomai Digital Culture Co Ltd from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.46 Billion | +0.27% |
| 2023-12-31 | CN¥4.45 Billion | +0.24% |
| 2022-12-31 | CN¥4.43 Billion | -4.37% |
| 2021-12-31 | CN¥4.64 Billion | -7.10% |
| 2020-12-31 | CN¥4.99 Billion | -1.06% |
| 2019-12-31 | CN¥5.05 Billion | +1.49% |
| 2018-12-31 | CN¥4.97 Billion | +2.83% |
| 2017-12-31 | CN¥4.83 Billion | +57.26% |
| 2016-12-31 | CN¥3.07 Billion | +0.12% |
| 2015-12-31 | CN¥3.07 Billion | +1.11% |
| 2014-12-31 | CN¥3.04 Billion | +2.78% |
| 2013-12-31 | CN¥2.95 Billion | +2.62% |
| 2012-12-31 | CN¥2.88 Billion | +90.49% |
| 2011-12-31 | CN¥1.51 Billion | +47.91% |
| 2010-12-31 | CN¥1.02 Billion | -1.40% |
| 2009-12-31 | CN¥1.04 Billion | -0.36% |
| 2008-12-31 | CN¥1.04 Billion | -12.99% |
| 2007-12-31 | CN¥1.20 Billion | +10.67% |
| 2006-12-31 | CN¥1.08 Billion | +0.11% |
| 2005-12-31 | CN¥1.08 Billion | +0.23% |
| 2004-12-31 | CN¥1.08 Billion | -5.60% |
| 2003-12-31 | CN¥1.14 Billion | +1.05% |
| 2002-12-31 | CN¥1.13 Billion | +0.67% |
| 2001-12-31 | CN¥1.12 Billion | -7.78% |
| 2000-12-31 | CN¥1.22 Billion | +1.78% |
| 1999-12-31 | CN¥1.19 Billion | +3.06% |
| 1998-12-31 | CN¥1.16 Billion | +4.45% |
| 1997-12-31 | CN¥1.11 Billion | +45.91% |
| 1996-12-31 | CN¥760.44 Million | +21.72% |
| 1995-12-31 | CN¥624.73 Million | -1.37% |
| 1994-12-31 | CN¥633.42 Million | +22.38% |
| 1993-12-31 | CN¥517.59 Million | +131.46% |
| 1992-12-31 | CN¥223.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Guomai Digital Culture 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 46815592100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥468.16 Million | 11.81% |
| Common Stock | CN¥795.70 Million | 20.07% |
| Other Components | CN¥2.70 Billion | 68.13% |
| Total Equity | CN¥3.97 Billion | 100.00% |
New Guomai Digital Culture Co Ltd Competitors by Market Cap
The table below lists competitors of New Guomai Digital Culture Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JHSF Participações S.A.
SA:JHSF3
|
$413.50 Million |
|
Thoughtworks Holding Inc
NASDAQ:TWKS
|
$413.51 Million |
|
Hanjaya Mandala Sampoerna Tbk PT
JK:HMSP
|
$413.55 Million |
|
Alarko Holding AS
IS:ALARK
|
$413.66 Million |
|
MILLER INDS DL-01
F:5OJ
|
$413.26 Million |
|
Warteck Invest Ltd
SW:WARN
|
$413.20 Million |
|
PUIGF
PINK:PUIGF
|
$413.20 Million |
|
VERBIO Vereinigte BioEnergie AG
PINK:VBVBF
|
$412.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Guomai Digital Culture Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,956,049,439 to 3,965,120,363, a change of 9,070,924 (0.2%).
- Net income of 15,181,005 contributed positively to equity growth.
- Dividend payments of 1,589,663 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥15.18 Million | +0.38% |
| Dividends Paid | CN¥1.59 Million | -0.04% |
| Other Changes | CN¥-4.52 Million | -0.11% |
| Total Change | CN¥- | 0.23% |
Book Value vs Market Value Analysis
This analysis compares New Guomai Digital Culture 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: 2.54x
- 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 10.05x to 2.54x 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¥1.26 | CN¥12.65 | x |
| 1994-12-31 | CN¥1.53 | CN¥12.65 | x |
| 1995-12-31 | CN¥1.52 | CN¥12.65 | x |
| 1996-12-31 | CN¥1.86 | CN¥12.65 | x |
| 1997-12-31 | CN¥2.71 | CN¥12.65 | x |
| 1998-12-31 | CN¥2.83 | CN¥12.65 | x |
| 1999-12-31 | CN¥2.92 | CN¥12.65 | x |
| 2000-12-31 | CN¥2.99 | CN¥12.65 | x |
| 2001-12-31 | CN¥2.77 | CN¥12.65 | x |
| 2002-12-31 | CN¥2.79 | CN¥12.65 | x |
| 2003-12-31 | CN¥2.82 | CN¥12.65 | x |
| 2004-12-31 | CN¥2.66 | CN¥12.65 | x |
| 2005-12-31 | CN¥2.66 | CN¥12.65 | x |
| 2006-12-31 | CN¥2.67 | CN¥12.65 | x |
| 2007-12-31 | CN¥2.97 | CN¥12.65 | x |
| 2008-12-31 | CN¥2.65 | CN¥12.65 | x |
| 2009-12-31 | CN¥2.57 | CN¥12.65 | x |
| 2010-12-31 | CN¥2.54 | CN¥12.65 | x |
| 2011-12-31 | CN¥1.91 | CN¥12.65 | x |
| 2012-12-31 | CN¥4.45 | CN¥12.65 | x |
| 2013-12-31 | CN¥4.60 | CN¥12.65 | x |
| 2014-12-31 | CN¥4.72 | CN¥12.65 | x |
| 2015-12-31 | CN¥4.76 | CN¥12.65 | x |
| 2016-12-31 | CN¥4.76 | CN¥12.65 | x |
| 2017-12-31 | CN¥5.72 | CN¥12.65 | x |
| 2018-12-31 | CN¥5.63 | CN¥12.65 | x |
| 2019-12-31 | CN¥5.71 | CN¥12.65 | x |
| 2020-12-31 | CN¥5.66 | CN¥12.65 | x |
| 2021-12-31 | CN¥5.21 | CN¥12.65 | x |
| 2022-12-31 | CN¥4.97 | CN¥12.65 | x |
| 2023-12-31 | CN¥4.94 | CN¥12.65 | x |
| 2024-12-31 | CN¥4.99 | CN¥12.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Guomai Digital Culture 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): 0.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.71%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.46x
- Recent ROE (0.38%) is below the historical average (4.80%), 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 | 19.75% | 22.15% | 0.70x | 1.28x | CN¥49.71 Million |
| 1994 | 20.90% | 22.64% | 0.68x | 1.36x | CN¥67.37 Million |
| 1995 | 25.26% | 26.95% | 0.64x | 1.47x | CN¥94.11 Million |
| 1996 | 22.53% | 25.07% | 0.65x | 1.39x | CN¥94.46 Million |
| 1997 | 18.54% | 32.11% | 0.45x | 1.28x | CN¥93.57 Million |
| 1998 | 9.19% | 20.00% | 0.37x | 1.23x | CN¥-9.23 Million |
| 1999 | 10.43% | 24.60% | 0.36x | 1.19x | CN¥5.05 Million |
| 2000 | 5.64% | 17.70% | 0.28x | 1.12x | CN¥-52.69 Million |
| 2001 | 3.39% | 14.39% | 0.21x | 1.14x | CN¥-74.09 Million |
| 2002 | 1.85% | 1.25% | 1.34x | 1.11x | CN¥-91.97 Million |
| 2003 | 1.03% | 1.15% | 0.62x | 1.44x | CN¥-102.38 Million |
| 2004 | -5.02% | -12.10% | 0.39x | 1.08x | CN¥-161.60 Million |
| 2005 | 0.26% | 0.78% | 0.31x | 1.08x | CN¥-105.04 Million |
| 2006 | -1.87% | -6.40% | 0.27x | 1.07x | CN¥-128.27 Million |
| 2007 | 5.72% | 20.37% | 0.26x | 1.09x | CN¥-51.12 Million |
| 2008 | -7.55% | -30.75% | 0.23x | 1.08x | CN¥-182.60 Million |
| 2009 | 0.35% | 0.72% | 0.41x | 1.18x | CN¥-100.07 Million |
| 2010 | -1.42% | -4.35% | 0.31x | 1.05x | CN¥-116.70 Million |
| 2011 | 0.31% | 1.36% | 0.15x | 1.52x | CN¥-99.35 Million |
| 2012 | 5.57% | 6.84% | 0.55x | 1.48x | CN¥-105.66 Million |
| 2013 | 3.30% | 4.35% | 0.52x | 1.46x | CN¥-165.16 Million |
| 2014 | 3.47% | 3.68% | 0.64x | 1.48x | CN¥-165.01 Million |
| 2015 | 1.82% | 1.37% | 0.92x | 1.45x | CN¥-208.42 Million |
| 2016 | 8.10% | 3.65% | 1.48x | 1.50x | CN¥-48.52 Million |
| 2017 | 5.84% | 4.51% | 0.86x | 1.51x | CN¥-179.33 Million |
| 2018 | 5.86% | 5.77% | 0.68x | 1.49x | CN¥-185.40 Million |
| 2019 | 3.13% | 3.40% | 0.61x | 1.50x | CN¥-311.91 Million |
| 2020 | 0.23% | 0.23% | 0.67x | 1.47x | CN¥-440.41 Million |
| 2021 | -8.62% | -7.75% | 0.77x | 1.44x | CN¥-772.48 Million |
| 2022 | -5.05% | -5.69% | 0.64x | 1.39x | CN¥-594.99 Million |
| 2023 | 0.13% | 0.22% | 0.44x | 1.37x | CN¥-390.40 Million |
| 2024 | 0.38% | 0.71% | 0.37x | 1.46x | CN¥-381.33 Million |
Industry Comparison
This section compares New Guomai Digital Culture Co Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $1,458,772,401
- Average return on equity (ROE) among peers: 9.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Guomai Digital Culture Co Ltd (600640) | CN¥4.47 Billion | 19.75% | 0.21x | $413.35 Million |
| Beijing Bewinner Communications Co Ltd (002148) | $1.22 Billion | 10.61% | 0.11x | $437.69 Million |
| Net263 Ltd (002467) | $1.05 Billion | 6.60% | 0.09x | $1.15 Billion |
| Runjian Communication Co Ltd Class A (002929) | $5.98 Billion | 7.34% | 1.48x | $1.04 Billion |
| Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) | $673.56 Million | 2.07% | 0.39x | $332.87 Million |
| Dingli Communications Corp Ltd (300050) | $219.84 Million | 50.65% | 0.36x | $380.27 Million |
| Fuchun Technology Co Ltd (300299) | $531.11 Million | 14.13% | 0.92x | $421.56 Million |
| Zhong Fu Tong Co Ltd (300560) | $230.82 Million | 0.00% | 0.55x | $288.57 Million |
| Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) | $1.67 Billion | -2.99% | 0.22x | $1.46 Billion |
| Wuxi Online Offline Communication Information Technology Co. Ltd. (300959) | $1.17 Billion | 4.30% | 0.15x | $530.67 Million |
| Wintao Communications Co. Ltd (301139) | $1.85 Billion | 6.79% | 0.51x | $169.25 Million |