Shaanxi Broadcast & TV Network Intermediary Group Co Ltd

SHG:600831 China Entertainment
Market Cap
$401.15 Million
CN¥2.94 Billion CNY
Market Cap Rank
#13508 Global
#3477 in China
Share Price
CN¥4.14
Change (1 day)
-0.48%
52-Week Range
CN¥2.48 - CN¥5.50
All Time High
CN¥16.75
About

Shaanxi Broadcast & TV Network Intermediary(Group)Co.,Ltd. engages in planning, shooting, production, and distribution of radio and television programs in China. It is also involved in cable and wireless digital tv operation, TV shopping, mobile TV, film and television drama investment, and advertising management. Shaanxi Broadcast & TV Network Intermediary(Group)Co.,Ltd. was founded in 1992 and … Read more

Shaanxi Broadcast & TV Network Intermediary Group Co Ltd (600831) - Net Assets

Latest net assets as of September 2025: CN¥1.46 Billion CNY

Based on the latest financial reports, Shaanxi Broadcast & TV Network Intermediary Group Co Ltd (600831) has net assets worth CN¥1.46 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¥10.43 Billion) and total liabilities (CN¥8.98 Billion). 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¥1.46 Billion
% of Total Assets 13.98%
Annual Growth Rate 5.78%
5-Year Change -45.58%
10-Year Change 5.49%
Growth Volatility 78.85

Shaanxi Broadcast & TV Network Intermediary Group Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Shaanxi Broadcast & TV Network Intermediary Group 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 Shaanxi Broadcast & TV Network Intermediary Group Co Ltd (1994–2024)

The table below shows the annual net assets of Shaanxi Broadcast & TV Network Intermediary Group Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.07 Billion -34.38%
2023-12-31 CN¥3.15 Billion -17.39%
2022-12-31 CN¥3.81 Billion -0.16%
2021-12-31 CN¥3.82 Billion +0.55%
2020-12-31 CN¥3.80 Billion +1.91%
2019-12-31 CN¥3.72 Billion +14.39%
2018-12-31 CN¥3.26 Billion +6.10%
2017-12-31 CN¥3.07 Billion +7.65%
2016-12-31 CN¥2.85 Billion +45.59%
2015-12-31 CN¥1.96 Billion +6.27%
2014-12-31 CN¥1.84 Billion +8.04%
2013-12-31 CN¥1.71 Billion +6.39%
2012-12-31 CN¥1.60 Billion +9.20%
2011-12-31 CN¥1.47 Billion +11.07%
2010-12-31 CN¥1.32 Billion +9.13%
2009-12-31 CN¥1.21 Billion +5.33%
2008-12-31 CN¥1.15 Billion +2.37%
2007-12-31 CN¥1.12 Billion +2.84%
2006-12-31 CN¥1.09 Billion +421.45%
2005-12-31 CN¥209.44 Million +10.21%
2004-12-31 CN¥190.04 Million +2.27%
2003-12-31 CN¥185.83 Million -0.40%
2002-12-31 CN¥186.57 Million +58.80%
2001-12-31 CN¥117.49 Million +16.21%
2000-12-31 CN¥101.10 Million -11.06%
1999-12-31 CN¥113.67 Million +52.48%
1998-12-31 CN¥74.55 Million +5.66%
1997-12-31 CN¥70.56 Million +36.06%
1996-12-31 CN¥51.86 Million -81.97%
1995-12-31 CN¥287.65 Million -24.79%
1994-12-31 CN¥382.44 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shaanxi Broadcast & TV Network Intermediary Group 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 4672.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥710.95 Million 34.29%
Other Components CN¥1.95 Billion 93.95%
Total Equity CN¥2.07 Billion 100.00%

Shaanxi Broadcast & TV Network Intermediary Group Co Ltd Competitors by Market Cap

The table below lists competitors of Shaanxi Broadcast & TV Network Intermediary Group Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shaanxi Broadcast & TV Network Intermediary Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,130,487,599 to 2,073,353,023, a change of -1,057,134,576 (-33.8%).
  • Net loss of 1,059,088,575 reduced equity.
  • Dividend payments of 218,167,838 reduced retained earnings.
  • Other factors increased equity by 220,121,837.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-1.06 Billion -51.08%
Dividends Paid CN¥218.17 Million -10.52%
Other Changes CN¥220.12 Million +10.62%
Total Change CN¥- -33.77%

Book Value vs Market Value Analysis

This analysis compares Shaanxi Broadcast & TV Network Intermediary Group 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: 1.42x
  • 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 4.12x to 1.42x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥1.00 CN¥4.14 x
1995-12-31 CN¥0.75 CN¥4.14 x
1996-12-31 CN¥0.14 CN¥4.14 x
1997-12-31 CN¥0.15 CN¥4.14 x
1998-12-31 CN¥0.16 CN¥4.14 x
1999-12-31 CN¥0.30 CN¥4.14 x
2000-12-31 CN¥0.27 CN¥4.14 x
2001-12-31 CN¥0.31 CN¥4.14 x
2002-12-31 CN¥0.27 CN¥4.14 x
2003-12-31 CN¥0.29 CN¥4.14 x
2004-12-31 CN¥0.31 CN¥4.14 x
2005-12-31 CN¥0.35 CN¥4.14 x
2006-12-31 CN¥2.84 CN¥4.14 x
2007-12-31 CN¥1.92 CN¥4.14 x
2008-12-31 CN¥2.67 CN¥4.14 x
2009-12-31 CN¥2.15 CN¥4.14 x
2010-12-31 CN¥2.30 CN¥4.14 x
2011-12-31 CN¥2.56 CN¥4.14 x
2012-12-31 CN¥2.78 CN¥4.14 x
2013-12-31 CN¥2.98 CN¥4.14 x
2014-12-31 CN¥3.18 CN¥4.14 x
2015-12-31 CN¥3.38 CN¥4.14 x
2016-12-31 CN¥4.85 CN¥4.14 x
2017-12-31 CN¥4.88 CN¥4.14 x
2018-12-31 CN¥4.87 CN¥4.14 x
2019-12-31 CN¥5.57 CN¥4.14 x
2020-12-31 CN¥5.23 CN¥4.14 x
2021-12-31 CN¥5.25 CN¥4.14 x
2022-12-31 CN¥5.26 CN¥4.14 x
2023-12-31 CN¥4.41 CN¥4.14 x
2024-12-31 CN¥2.92 CN¥4.14 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shaanxi Broadcast & TV Network Intermediary Group 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): -51.08%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -68.48%
  • • Asset Turnover: 0.14x
  • • Equity Multiplier: 5.19x
  • Recent ROE (-51.08%) is below the historical average (-12.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 1.04% 0.61% 0.72x 2.38x CN¥-34.12 Million
1995 -33.02% -20.39% 0.46x 3.48x CN¥-122.88 Million
1996 -455.44% -132.54% 0.25x 13.73x CN¥-239.36 Million
1997 10.18% 3.69% 0.30x 9.07x CN¥104.86K
1998 11.19% 2.71% 0.47x 8.78x CN¥726.65K
1999 34.34% 36.62% 0.16x 5.85x CN¥27.67 Million
2000 -24.33% -86.96% 0.06x 4.51x CN¥-34.71 Million
2001 8.46% 121.16% 0.02x 2.81x CN¥-1.82 Million
2002 10.75% 8.48% 0.76x 1.66x CN¥1.13 Million
2003 11.81% 8.77% 0.69x 1.95x CN¥2.92 Million
2004 9.68% 7.75% 0.78x 1.59x CN¥-556.78K
2005 9.09% 6.43% 0.88x 1.61x CN¥-1.78 Million
2006 1.69% 6.05% 0.24x 1.15x CN¥-89.44 Million
2007 3.71% 7.52% 0.18x 2.72x CN¥-69.59 Million
2008 3.75% 5.16% 0.32x 2.28x CN¥-71.89 Million
2009 6.45% 8.22% 0.34x 2.31x CN¥-43.00 Million
2010 8.68% 9.26% 0.38x 2.44x CN¥-17.14 Million
2011 9.70% 9.86% 0.43x 2.31x CN¥-4.36 Million
2012 8.95% 8.13% 0.43x 2.56x CN¥-16.39 Million
2013 8.16% 6.75% 0.45x 2.68x CN¥-30.90 Million
2014 6.53% 5.09% 0.45x 2.86x CN¥-62.14 Million
2015 6.99% 5.58% 0.44x 2.84x CN¥-57.45 Million
2016 4.76% 5.13% 0.40x 2.33x CN¥-146.93 Million
2017 5.96% 6.17% 0.39x 2.45x CN¥-119.23 Million
2018 3.31% 3.87% 0.34x 2.53x CN¥-212.81 Million
2019 -3.09% -4.29% 0.32x 2.24x CN¥-478.54 Million
2020 1.63% 2.21% 0.31x 2.37x CN¥-313.05 Million
2021 1.17% 1.47% 0.30x 2.69x CN¥-334.14 Million
2022 0.46% 0.59% 0.26x 3.07x CN¥-361.68 Million
2023 -20.01% -27.13% 0.20x 3.72x CN¥-939.39 Million
2024 -51.08% -68.48% 0.14x 5.19x CN¥-1.27 Billion

Industry Comparison

This section compares Shaanxi Broadcast & TV Network Intermediary Group Co Ltd's net assets metrics with peer companies in the Entertainment industry.

Industry Context

  • Industry: Entertainment
  • Average net assets among peers: $3,928,935,546
  • Average return on equity (ROE) among peers: 3.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shaanxi Broadcast & TV Network Intermediary Group Co Ltd (600831) CN¥1.46 Billion 1.04% 6.15x $264.87 Million
Wasu Media Holding Co Ltd (000156) $14.50 Billion 6.25% 0.77x $980.45 Million
Huawen Media Investment Corp (000793) $2.81 Billion 5.92% 0.29x $664.17 Million
Beijing Jingxi Culture&Tourism Co Ltd (000802) $1.52 Billion -4.02% 1.27x $328.72 Million
CITIC Guoan Information Industry Co Ltd (000839) $6.93 Billion 5.07% 0.59x $1.22 Billion
Bona Film Group Co Ltd (001330) $4.89 Billion 5.40% 1.13x $813.59 Million
Guangdong Alpha Animation and Culture Co Ltd (002292) $4.00 Billion -40.75% 0.67x $964.40 Million
Ciwen Media Co Ltd (002343) $970.39 Million 5.07% 0.67x $335.25 Million
Perfect World Co Ltd (002624) $486.22 Million 11.14% 0.44x $3.48 Billion
Wanda Cinema Line Corp (002739) $3.00 Billion 26.67% 0.52x $2.39 Billion
Shanghai Lisheng Racing Co Ltd (002858) $180.05 Million 15.70% 0.33x $250.22 Million