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