New Guomai Digital Culture Co Ltd (600640) - Net Assets

Latest as of March 2026: CN¥4.46 Billion CNY ≈ $653.03 Million USD

Based on the latest financial reports, New Guomai Digital Culture Co Ltd (600640) has net assets worth CN¥4.46 Billion CNY (≈ $653.03 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.49 Billion ≈ $802.94 Million USD) and total liabilities (CN¥1.02 Billion ≈ $149.90 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. Also explore 600640 asset base for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥4.46 Billion
% of Total Assets 81.33%
Annual Growth Rate 9.5%
5-Year Change -3.72%
10-Year Change 45.22%
Growth Volatility 29.93

New Guomai Digital Culture Co Ltd - Net Assets Trend (1992–2025)

This chart illustrates how New Guomai Digital Culture Co Ltd's net assets have evolved over time, based on quarterly financial data. Check New Guomai Digital Culture Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for New Guomai Digital Culture Co Ltd (1992–2025)

The table below shows the annual net assets of New Guomai Digital Culture Co Ltd from 1992 to 2025. For live valuation and market cap data, see New Guomai Digital Culture Co Ltd (600640) market capitalisation.

Year Net Assets Change
2025-12-31 CN¥4.46 Billion
≈ $653.30 Million
+0.16%
2024-12-31 CN¥4.46 Billion
≈ $652.23 Million
+0.27%
2023-12-31 CN¥4.45 Billion
≈ $650.45 Million
+0.24%
2022-12-31 CN¥4.43 Billion
≈ $648.92 Million
-4.37%
2021-12-31 CN¥4.64 Billion
≈ $678.57 Million
-7.10%
2020-12-31 CN¥4.99 Billion
≈ $730.47 Million
-1.06%
2019-12-31 CN¥5.05 Billion
≈ $738.28 Million
+1.49%
2018-12-31 CN¥4.97 Billion
≈ $727.48 Million
+2.83%
2017-12-31 CN¥4.83 Billion
≈ $707.42 Million
+57.26%
2016-12-31 CN¥3.07 Billion
≈ $449.85 Million
+0.12%
2015-12-31 CN¥3.07 Billion
≈ $449.33 Million
+1.11%
2014-12-31 CN¥3.04 Billion
≈ $444.42 Million
+2.78%
2013-12-31 CN¥2.95 Billion
≈ $432.40 Million
+2.62%
2012-12-31 CN¥2.88 Billion
≈ $421.38 Million
+90.49%
2011-12-31 CN¥1.51 Billion
≈ $221.21 Million
+47.91%
2010-12-31 CN¥1.02 Billion
≈ $149.56 Million
-1.40%
2009-12-31 CN¥1.04 Billion
≈ $151.68 Million
-0.36%
2008-12-31 CN¥1.04 Billion
≈ $152.22 Million
-12.99%
2007-12-31 CN¥1.20 Billion
≈ $174.94 Million
+10.67%
2006-12-31 CN¥1.08 Billion
≈ $158.07 Million
+0.11%
2005-12-31 CN¥1.08 Billion
≈ $157.89 Million
+0.23%
2004-12-31 CN¥1.08 Billion
≈ $157.53 Million
-5.60%
2003-12-31 CN¥1.14 Billion
≈ $166.87 Million
+1.05%
2002-12-31 CN¥1.13 Billion
≈ $165.14 Million
+0.67%
2001-12-31 CN¥1.12 Billion
≈ $164.04 Million
-7.78%
2000-12-31 CN¥1.22 Billion
≈ $177.88 Million
+1.78%
1999-12-31 CN¥1.19 Billion
≈ $174.77 Million
+3.06%
1998-12-31 CN¥1.16 Billion
≈ $169.58 Million
+4.45%
1997-12-31 CN¥1.11 Billion
≈ $162.36 Million
+45.91%
1996-12-31 CN¥760.44 Million
≈ $111.28 Million
+21.72%
1995-12-31 CN¥624.73 Million
≈ $91.42 Million
-1.37%
1994-12-31 CN¥633.42 Million
≈ $92.69 Million
+22.38%
1993-12-31 CN¥517.59 Million
≈ $75.74 Million
+131.46%
1992-12-31 CN¥223.62 Million
≈ $32.72 Million
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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 48250071556.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥482.50 Million 12.13%
Other Components CN¥3.50 Billion 87.87%
Total Equity CN¥3.98 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
Two Harbors Investments Corp
NYSE:TWO
$1.26 Billion
Shenzhen Clou Electronics Co Ltd
SHE:002121
$1.26 Billion
Qingdao NovelBeam Technology Co. Ltd. A
SHG:688677
$1.26 Billion
Anadolu Anonim Turk Sigorta Sti
IS:ANSGR
$1.26 Billion
Jade Bird Fire Alarm
SHE:002960
$1.26 Billion
Ingles Markets Incorporated
NASDAQ:IMKTA
$1.26 Billion
WAM Capital Ltd
AU:WAM
$1.26 Billion
Implenia AG
SW:IMPN
$1.26 Billion

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 2024 to 2025, total equity changed from 3,965,120,363 to 3,978,466,132, a change of 13,345,769 (0.3%).
  • Net income of 21,500,538 contributed positively to equity growth.
  • Dividend payments of 7,155,744 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥21.50 Million +0.54%
Dividends Paid CN¥7.16 Million -0.18%
Other Changes CN¥-999.03K -0.03%
Total Change CN¥- 0.34%

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: 2.17x
  • 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 8.62x to 2.17x 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¥10.85 x
1994-12-31 CN¥1.53 CN¥10.85 x
1995-12-31 CN¥1.52 CN¥10.85 x
1996-12-31 CN¥1.86 CN¥10.85 x
1997-12-31 CN¥2.71 CN¥10.85 x
1998-12-31 CN¥2.83 CN¥10.85 x
1999-12-31 CN¥2.92 CN¥10.85 x
2000-12-31 CN¥2.99 CN¥10.85 x
2001-12-31 CN¥2.77 CN¥10.85 x
2002-12-31 CN¥2.79 CN¥10.85 x
2003-12-31 CN¥2.82 CN¥10.85 x
2004-12-31 CN¥2.66 CN¥10.85 x
2005-12-31 CN¥2.66 CN¥10.85 x
2006-12-31 CN¥2.67 CN¥10.85 x
2007-12-31 CN¥2.97 CN¥10.85 x
2008-12-31 CN¥2.65 CN¥10.85 x
2009-12-31 CN¥2.57 CN¥10.85 x
2010-12-31 CN¥2.54 CN¥10.85 x
2011-12-31 CN¥1.91 CN¥10.85 x
2012-12-31 CN¥4.45 CN¥10.85 x
2013-12-31 CN¥4.60 CN¥10.85 x
2014-12-31 CN¥4.72 CN¥10.85 x
2015-12-31 CN¥4.76 CN¥10.85 x
2016-12-31 CN¥4.76 CN¥10.85 x
2017-12-31 CN¥5.72 CN¥10.85 x
2018-12-31 CN¥5.63 CN¥10.85 x
2019-12-31 CN¥5.71 CN¥10.85 x
2020-12-31 CN¥5.66 CN¥10.85 x
2021-12-31 CN¥5.21 CN¥10.85 x
2022-12-31 CN¥4.97 CN¥10.85 x
2023-12-31 CN¥4.94 CN¥10.85 x
2024-12-31 CN¥4.99 CN¥10.85 x
2025-12-31 CN¥5.00 CN¥10.85 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): 0.54%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.18%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 1.40x
  • Recent ROE (0.54%) is below the historical average (4.67%), 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
2025 0.54% 1.18% 0.33x 1.40x CN¥-376.35 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: $989,989,159
  • Average return on equity (ROE) among peers: 5.88%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
New Guomai Digital Culture Co Ltd (600640) CN¥4.46 Billion 19.75% 0.23x $1.26 Billion
Beijing Bewinner Communications Co Ltd (002148) $426.40 Million 11.17% 0.03x $529.01 Million
Net263 Ltd (002467) $267.05 Million 26.27% 0.19x $978.12 Million
Runjian Communication Co Ltd Class A (002929) $2.63 Billion 7.83% 0.49x $2.38 Billion
Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) $977.94 Million 7.67% 2.13x $377.47 Million
Dingli Communications Corp Ltd (300050) $2.07 Billion 5.54% 0.18x $490.33 Million
Fuchun Technology Co Ltd (300299) $1.25 Billion 4.63% 0.76x $557.59 Million
Zhong Fu Tong Co Ltd (300560) $265.35 Million 13.08% 0.43x $535.21 Million
Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) $25.84 Million -29.37% 0.73x $1.42 Billion
NOVA Technology Corporation Limited (300921) $805.10 Million 9.45% 0.14x $406.66 Million
Wuxi Online Offline Communication Information Technology Co. Ltd. (300959) $1.18 Billion 2.58% 0.22x $1.18 Billion

About New Guomai Digital Culture Co Ltd

SHG:600640 China Telecom Services
Market Cap
$1.26 Billion
CN¥8.63 Billion CNY
Market Cap Rank
#7898 Global
#1796 in China
Share Price
CN¥10.85
Change (1 day)
-1.90%
52-Week Range
CN¥9.67 - CN¥15.37
All Time High
CN¥28.76
About

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