Changjiang Publishing & Media Co Ltd (600757) - Net Assets
Based on the latest financial reports, Changjiang Publishing & Media Co Ltd (600757) has net assets worth CN¥9.93 Billion CNY (≈ $1.45 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥14.49 Billion ≈ $2.12 Billion USD) and total liabilities (CN¥4.56 Billion ≈ $667.51 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 Changjiang Publishing & Media Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.93 Billion |
| % of Total Assets | 68.53% |
| Annual Growth Rate | 16.5% |
| 5-Year Change | 20.7% |
| 10-Year Change | 86.89% |
| Growth Volatility | 134.28 |
Changjiang Publishing & Media Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Changjiang Publishing & Media Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Changjiang Publishing & Media Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Changjiang Publishing & Media Co Ltd (1993–2024)
The table below shows the annual net assets of Changjiang Publishing & Media Co Ltd from 1993 to 2024. For live valuation and market cap data, see Changjiang Publishing & Media Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.57 Billion ≈ $1.40 Billion |
+5.06% |
| 2023-12-31 | CN¥9.11 Billion ≈ $1.33 Billion |
+7.41% |
| 2022-12-31 | CN¥8.48 Billion ≈ $1.24 Billion |
+3.48% |
| 2021-12-31 | CN¥8.20 Billion ≈ $1.20 Billion |
+3.36% |
| 2020-12-31 | CN¥7.93 Billion ≈ $1.16 Billion |
+6.39% |
| 2019-12-31 | CN¥7.45 Billion ≈ $1.09 Billion |
+9.01% |
| 2018-12-31 | CN¥6.84 Billion ≈ $1.00 Billion |
+9.96% |
| 2017-12-31 | CN¥6.22 Billion ≈ $909.94 Million |
+10.03% |
| 2016-12-31 | CN¥5.65 Billion ≈ $826.97 Million |
+10.34% |
| 2015-12-31 | CN¥5.12 Billion ≈ $749.46 Million |
+5.71% |
| 2014-12-31 | CN¥4.85 Billion ≈ $708.98 Million |
+6.46% |
| 2013-12-31 | CN¥4.55 Billion ≈ $665.93 Million |
+49.93% |
| 2012-12-31 | CN¥3.04 Billion ≈ $444.15 Million |
+14.11% |
| 2011-12-31 | CN¥2.66 Billion ≈ $389.24 Million |
+10.98% |
| 2010-12-31 | CN¥2.40 Billion ≈ $350.74 Million |
+293.52% |
| 2009-12-31 | CN¥-1.24 Billion ≈ $-181.24 Million |
-77.30% |
| 2008-12-31 | CN¥-698.58 Million ≈ $-102.22 Million |
-658.16% |
| 2007-12-31 | CN¥125.16 Million ≈ $18.31 Million |
-67.14% |
| 2006-12-31 | CN¥380.93 Million ≈ $55.74 Million |
-64.81% |
| 2005-12-31 | CN¥1.08 Billion ≈ $158.42 Million |
-26.81% |
| 2004-12-31 | CN¥1.48 Billion ≈ $216.46 Million |
+6.11% |
| 2003-12-31 | CN¥1.39 Billion ≈ $204.00 Million |
+4.64% |
| 2002-12-31 | CN¥1.33 Billion ≈ $194.95 Million |
+2.19% |
| 2001-12-31 | CN¥1.30 Billion ≈ $190.77 Million |
-2.98% |
| 2000-12-31 | CN¥1.34 Billion ≈ $196.63 Million |
+80.40% |
| 1999-12-31 | CN¥744.88 Million ≈ $109.00 Million |
+2.29% |
| 1998-12-31 | CN¥728.19 Million ≈ $106.56 Million |
+60.49% |
| 1997-12-31 | CN¥453.74 Million ≈ $66.40 Million |
+41.80% |
| 1996-12-31 | CN¥319.99 Million ≈ $46.82 Million |
+250.57% |
| 1995-12-31 | CN¥91.28 Million ≈ $13.36 Million |
-28.44% |
| 1994-12-31 | CN¥127.55 Million ≈ $18.66 Million |
+51.84% |
| 1993-12-31 | CN¥84.00 Million ≈ $12.29 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Changjiang Publishing & Media 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 414430.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.53 Billion | 58.04% |
| Common Stock | CN¥1.21 Billion | 12.74% |
| Other Comprehensive Income | CN¥957.58 Million | 10.05% |
| Other Components | CN¥1.83 Billion | 19.17% |
| Total Equity | CN¥9.53 Billion | 100.00% |
Changjiang Publishing & Media Co Ltd Competitors by Market Cap
The table below lists competitors of Changjiang Publishing & Media Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ChipMOS Technologies
TW:8150
|
$1.53 Billion |
|
Taiwan Surface Mounting Technology Corp
TW:6278
|
$1.53 Billion |
|
Adecoagro SA
NYSE:AGRO
|
$1.53 Billion |
|
Innuovo Technology Co Ltd Class A
SHE:000795
|
$1.53 Billion |
|
Norbit ASA
OL:NORBT
|
$1.53 Billion |
|
Five-Star Business Finance Limited
NSE:FIVESTAR
|
$1.53 Billion |
|
Zoomlion Heavy Industry Science and Technology Co. Ltd
F:8CZ
|
$1.53 Billion |
|
EZCORP Inc
NASDAQ:EZPW
|
$1.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changjiang Publishing & Media Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,066,484,000 to 9,527,312,000, a change of 460,828,000 (5.1%).
- Net income of 945,086,941 contributed positively to equity growth.
- Dividend payments of 485,460,000 reduced retained earnings.
- Other comprehensive income increased equity by 952,667,053.
- Other factors decreased equity by 951,465,994.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥945.09 Million | +9.92% |
| Dividends Paid | CN¥485.46 Million | -5.1% |
| Other Comprehensive Income | CN¥952.67 Million | +10.0% |
| Other Changes | CN¥-951.47 Million | -9.99% |
| Total Change | CN¥- | 5.08% |
Book Value vs Market Value Analysis
This analysis compares Changjiang Publishing & Media 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: 1.09x
- 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 56.35x to 1.09x 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¥0.15 | CN¥8.61 | x |
| 1994-12-31 | CN¥0.23 | CN¥8.61 | x |
| 1995-12-31 | CN¥0.17 | CN¥8.61 | x |
| 1996-12-31 | CN¥0.58 | CN¥8.61 | x |
| 1997-12-31 | CN¥0.74 | CN¥8.61 | x |
| 1998-12-31 | CN¥1.23 | CN¥8.61 | x |
| 1999-12-31 | CN¥1.28 | CN¥8.61 | x |
| 2000-12-31 | CN¥2.15 | CN¥8.61 | x |
| 2001-12-31 | CN¥2.20 | CN¥8.61 | x |
| 2002-12-31 | CN¥2.26 | CN¥8.61 | x |
| 2003-12-31 | CN¥2.36 | CN¥8.61 | x |
| 2004-12-31 | CN¥2.25 | CN¥8.61 | x |
| 2005-12-31 | CN¥1.53 | CN¥8.61 | x |
| 2006-12-31 | CN¥-0.11 | CN¥8.61 | x |
| 2007-12-31 | CN¥0.03 | CN¥8.61 | x |
| 2008-12-31 | CN¥-1.35 | CN¥8.61 | x |
| 2009-12-31 | CN¥-2.01 | CN¥8.61 | x |
| 2010-12-31 | CN¥3.83 | CN¥8.61 | x |
| 2011-12-31 | CN¥4.28 | CN¥8.61 | x |
| 2012-12-31 | CN¥2.80 | CN¥8.61 | x |
| 2013-12-31 | CN¥4.12 | CN¥8.61 | x |
| 2014-12-31 | CN¥3.83 | CN¥8.61 | x |
| 2015-12-31 | CN¥4.17 | CN¥8.61 | x |
| 2016-12-31 | CN¥4.58 | CN¥8.61 | x |
| 2017-12-31 | CN¥5.06 | CN¥8.61 | x |
| 2018-12-31 | CN¥5.47 | CN¥8.61 | x |
| 2019-12-31 | CN¥6.00 | CN¥8.61 | x |
| 2020-12-31 | CN¥6.50 | CN¥8.61 | x |
| 2021-12-31 | CN¥6.72 | CN¥8.61 | x |
| 2022-12-31 | CN¥6.95 | CN¥8.61 | x |
| 2023-12-31 | CN¥7.50 | CN¥8.61 | x |
| 2024-12-31 | CN¥7.86 | CN¥8.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changjiang Publishing & Media 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): 9.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.36%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.45x
- Recent ROE (9.92%) is below the historical average (15.35%), 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 | 17.00% | 6.12% | 1.16x | 2.40x | CN¥5.88 Million |
| 1994 | 18.31% | 7.10% | 0.86x | 3.00x | CN¥10.60 Million |
| 1995 | 28.63% | 6.51% | 1.38x | 3.18x | CN¥17.01 Million |
| 1996 | 19.71% | 13.83% | 0.75x | 1.90x | CN¥31.06 Million |
| 1997 | 20.97% | 11.42% | 0.68x | 2.69x | CN¥44.52 Million |
| 1998 | 6.46% | 3.29% | 0.80x | 2.44x | CN¥-23.95 Million |
| 1999 | 10.29% | 4.96% | 0.82x | 2.52x | CN¥2.01 Million |
| 2000 | 7.65% | 4.99% | 0.63x | 2.45x | CN¥-27.69 Million |
| 2001 | 4.54% | 3.07% | 0.54x | 2.72x | CN¥-66.10 Million |
| 2002 | 2.46% | 1.64% | 0.50x | 2.98x | CN¥-93.66 Million |
| 2003 | 4.48% | 2.17% | 0.62x | 3.33x | CN¥-71.74 Million |
| 2004 | 0.33% | 0.10% | 0.87x | 3.69x | CN¥-119.50 Million |
| 2005 | -44.51% | -10.90% | 0.78x | 5.26x | CN¥-459.58 Million |
| 2006 | 0.00% | -21.39% | 1.01x | 0.00x | CN¥-740.58 Million |
| 2007 | 252.74% | 1.98% | 0.96x | 132.42x | CN¥36.96 Million |
| 2008 | 0.00% | -76.12% | 0.64x | 0.00x | CN¥-679.75 Million |
| 2009 | 0.00% | -70.86% | 0.51x | 0.00x | CN¥-276.19 Million |
| 2010 | 9.91% | 10.11% | 0.63x | 1.55x | CN¥-2.09 Million |
| 2011 | 10.74% | 10.73% | 0.66x | 1.53x | CN¥19.39 Million |
| 2012 | 11.08% | 9.37% | 0.77x | 1.53x | CN¥31.78 Million |
| 2013 | 8.50% | 8.99% | 0.66x | 1.43x | CN¥-66.54 Million |
| 2014 | 4.44% | 4.49% | 0.65x | 1.51x | CN¥-264.12 Million |
| 2015 | 6.47% | 2.73% | 1.26x | 1.88x | CN¥-177.29 Million |
| 2016 | 10.70% | 4.28% | 1.42x | 1.76x | CN¥38.95 Million |
| 2017 | 10.08% | 5.46% | 1.12x | 1.65x | CN¥4.59 Million |
| 2018 | 10.96% | 7.07% | 1.00x | 1.55x | CN¥64.28 Million |
| 2019 | 10.73% | 10.19% | 0.71x | 1.48x | CN¥53.15 Million |
| 2020 | 10.36% | 12.23% | 0.61x | 1.39x | CN¥28.25 Million |
| 2021 | 8.55% | 11.58% | 0.52x | 1.43x | CN¥-118.21 Million |
| 2022 | 8.64% | 11.59% | 0.50x | 1.48x | CN¥-114.58 Million |
| 2023 | 11.20% | 15.03% | 0.51x | 1.46x | CN¥109.11 Million |
| 2024 | 9.92% | 13.36% | 0.51x | 1.45x | CN¥-7.64 Million |
Industry Comparison
This section compares Changjiang Publishing & Media Co Ltd's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $1,644,330,794
- Average return on equity (ROE) among peers: 4.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changjiang Publishing & Media Co Ltd (600757) | CN¥9.93 Billion | 17.00% | 0.46x | $1.53 Billion |
| Huamei Holding (000607) | $872.59 Million | -22.82% | 2.51x | $616.53 Million |
| Central China Land Media Co Ltd (000719) | $7.76 Billion | 9.51% | 0.49x | $2.01 Billion |
| Guangdong Guangzhou Daily Media Co Ltd (002181) | $3.97 Billion | 1.37% | 0.11x | $2.80 Billion |
| Tangel Publishing (300148) | $533.63 Million | 3.56% | 0.13x | $513.03 Million |
| Citic Press Corp (300788) | $745.32 Million | 24.33% | 0.91x | $990.02 Million |
| Dook Media Group Limited (301025) | $609.67 Million | -0.54% | 0.20x | $659.00 Million |
| GUOMAI Culture & Media Co. Ltd. (301052) | $391.09 Million | 10.46% | 0.30x | $466.86 Million |
| Ronshin Group A (301231) | $428.68 Million | 9.48% | 0.25x | $370.51 Million |
| Qingdao Citymedia Co Ltd (600229) | $873.31 Million | 3.50% | 1.17x | $611.03 Million |
| Chinese Universe Publishing And Media Co Ltd (600373) | $257.88 Million | 2.57% | 1.20x | $1.64 Billion |
About Changjiang Publishing & Media Co Ltd
Changjiang Publishing & Media Co.,Ltd operates as a publishing company in China. The company engages in the publication, distribution, printing and material trade of books, periodicals, newspapers, audiovisual products, and electronic publications. It is also involved in educational research consulting; artwork production and sales; auctions; culture and media; early childhood and digital educati… Read more