Chengdu B-ray Media Co Ltd

SHG:600880 China Publishing
Market Cap
$762.94 Million
CN¥5.60 Billion CNY
Market Cap Rank
#10427 Global
#2323 in China
Share Price
CN¥5.12
Change (1 day)
-1.35%
52-Week Range
CN¥4.06 - CN¥7.12
All Time High
CN¥11.07
About

Chengdu B-ray Media Co.,Ltd. engages in the media operations business in China. The company is also involved in the advertising, education, and printing businesses. In addition, it engages in the operation of online games; and microfinance business. The company was founded in 1988 and is based in Chengdu, China.

Chengdu B-ray Media Co Ltd (600880) - Net Assets

Latest net assets as of September 2025: CN¥3.26 Billion CNY

Based on the latest financial reports, Chengdu B-ray Media Co Ltd (600880) has net assets worth CN¥3.26 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¥4.14 Billion) and total liabilities (CN¥871.20 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¥3.26 Billion
% of Total Assets 78.93%
Annual Growth Rate 12.14%
5-Year Change 7.18%
10-Year Change -16.04%
Growth Volatility 19.4

Chengdu B-ray Media Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Chengdu B-ray Media 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 Chengdu B-ray Media Co Ltd (1995–2024)

The table below shows the annual net assets of Chengdu B-ray Media Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.26 Billion +0.56%
2023-12-31 CN¥3.24 Billion +1.17%
2022-12-31 CN¥3.21 Billion +1.36%
2021-12-31 CN¥3.16 Billion +3.93%
2020-12-31 CN¥3.04 Billion +3.04%
2019-12-31 CN¥2.95 Billion +2.85%
2018-12-31 CN¥2.87 Billion -24.07%
2017-12-31 CN¥3.78 Billion -1.57%
2016-12-31 CN¥3.84 Billion -1.08%
2015-12-31 CN¥3.88 Billion -5.98%
2014-12-31 CN¥4.13 Billion +5.10%
2013-12-31 CN¥3.93 Billion +52.46%
2012-12-31 CN¥2.58 Billion +18.24%
2011-12-31 CN¥2.18 Billion +27.22%
2010-12-31 CN¥1.71 Billion +25.06%
2009-12-31 CN¥1.37 Billion +28.58%
2008-12-31 CN¥1.07 Billion +11.94%
2007-12-31 CN¥952.41 Million +85.99%
2006-12-31 CN¥512.07 Million +7.71%
2005-12-31 CN¥475.40 Million +17.45%
2004-12-31 CN¥404.76 Million +15.67%
2003-12-31 CN¥349.93 Million +26.91%
2002-12-31 CN¥275.73 Million +16.21%
2001-12-31 CN¥237.26 Million +12.20%
2000-12-31 CN¥211.47 Million +7.98%
1999-12-31 CN¥195.83 Million +4.04%
1998-12-31 CN¥188.23 Million +11.82%
1997-12-31 CN¥168.34 Million +24.33%
1996-12-31 CN¥135.40 Million +15.30%
1995-12-31 CN¥117.44 Million --

Equity Component Analysis

This analysis shows how different components contribute to Chengdu B-ray 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 71388840500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥713.89 Million 23.48%
Common Stock CN¥1.09 Billion 35.96%
Other Comprehensive Income CN¥443.88 Million 14.60%
Other Components CN¥789.00 Million 25.95%
Total Equity CN¥3.04 Billion 100.00%

Chengdu B-ray Media Co Ltd Competitors by Market Cap

The table below lists competitors of Chengdu B-ray Media Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Chengdu B-ray Media Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,032,202,897 to 3,040,091,886, a change of 7,888,989 (0.3%).
  • Net income of 18,816,296 contributed positively to equity growth.
  • Dividend payments of 16,075,619 reduced retained earnings.
  • Other comprehensive income increased equity by 443,876,087.
  • Other factors decreased equity by 438,727,775.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥18.82 Million +0.62%
Dividends Paid CN¥16.08 Million -0.53%
Other Comprehensive Income CN¥443.88 Million +14.6%
Other Changes CN¥-438.73 Million -14.43%
Total Change CN¥- 0.26%

Book Value vs Market Value Analysis

This analysis compares Chengdu B-ray 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: 1.58x
  • 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 36.38x to 1.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.14 CN¥5.12 x
1996-12-31 CN¥0.16 CN¥5.12 x
1997-12-31 CN¥0.20 CN¥5.12 x
1998-12-31 CN¥0.23 CN¥5.12 x
1999-12-31 CN¥0.23 CN¥5.12 x
2000-12-31 CN¥0.25 CN¥5.12 x
2001-12-31 CN¥0.27 CN¥5.12 x
2002-12-31 CN¥0.31 CN¥5.12 x
2003-12-31 CN¥0.38 CN¥5.12 x
2004-12-31 CN¥0.44 CN¥5.12 x
2005-12-31 CN¥0.53 CN¥5.12 x
2006-12-31 CN¥0.57 CN¥5.12 x
2007-12-31 CN¥1.02 CN¥5.12 x
2008-12-31 CN¥1.06 CN¥5.12 x
2009-12-31 CN¥1.33 CN¥5.12 x
2010-12-31 CN¥1.63 CN¥5.12 x
2011-12-31 CN¥2.06 CN¥5.12 x
2012-12-31 CN¥2.27 CN¥5.12 x
2013-12-31 CN¥3.40 CN¥5.12 x
2014-12-31 CN¥3.35 CN¥5.12 x
2015-12-31 CN¥3.37 CN¥5.12 x
2016-12-31 CN¥3.61 CN¥5.12 x
2017-12-31 CN¥3.14 CN¥5.12 x
2018-12-31 CN¥2.55 CN¥5.12 x
2019-12-31 CN¥2.62 CN¥5.12 x
2020-12-31 CN¥2.68 CN¥5.12 x
2021-12-31 CN¥2.72 CN¥5.12 x
2022-12-31 CN¥2.75 CN¥5.12 x
2023-12-31 CN¥2.52 CN¥5.12 x
2024-12-31 CN¥3.23 CN¥5.12 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chengdu B-ray 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): 0.62%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.25%
  • • Asset Turnover: 0.14x
  • • Equity Multiplier: 1.35x
  • Recent ROE (0.62%) is below the historical average (9.64%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 17.95% 20.27% 0.43x 2.08x CN¥9.33 Million
1996 13.41% 18.81% 0.38x 1.86x CN¥4.61 Million
1997 10.41% 18.37% 0.34x 1.66x CN¥698.29K
1998 10.51% 20.03% 0.32x 1.62x CN¥954.87K
1999 12.13% 15.10% 0.45x 1.80x CN¥4.14 Million
2000 13.08% 12.17% 0.56x 1.91x CN¥6.44 Million
2001 13.20% 10.65% 0.74x 1.67x CN¥7.17 Million
2002 18.53% 18.03% 0.65x 1.59x CN¥22.13 Million
2003 17.51% 15.87% 0.62x 1.79x CN¥23.61 Million
2004 18.17% 16.89% 0.60x 1.79x CN¥30.24 Million
2005 17.02% 13.86% 0.70x 1.76x CN¥31.31 Million
2006 19.05% 15.16% 0.72x 1.76x CN¥43.42 Million
2007 14.95% 19.13% 0.51x 1.53x CN¥44.80 Million
2008 18.82% 23.69% 0.58x 1.37x CN¥89.81 Million
2009 20.21% 28.50% 0.44x 1.60x CN¥132.80 Million
2010 19.58% 27.32% 0.50x 1.43x CN¥155.33 Million
2011 19.07% 30.16% 0.47x 1.34x CN¥187.34 Million
2012 12.66% 21.07% 0.43x 1.39x CN¥60.12 Million
2013 9.71% 21.17% 0.33x 1.39x CN¥-9.97 Million
2014 7.75% 16.67% 0.35x 1.34x CN¥-81.50 Million
2015 2.08% 6.02% 0.28x 1.25x CN¥-284.32 Million
2016 1.66% 5.98% 0.23x 1.20x CN¥-301.70 Million
2017 0.96% 3.89% 0.21x 1.16x CN¥-329.35 Million
2018 -30.20% -143.99% 0.18x 1.16x CN¥-1.12 Billion
2019 2.31% 15.51% 0.13x 1.13x CN¥-220.45 Million
2020 2.89% 15.88% 0.15x 1.21x CN¥-208.21 Million
2021 2.64% 11.25% 0.19x 1.27x CN¥-219.27 Million
2022 1.34% 7.94% 0.13x 1.28x CN¥-260.70 Million
2023 1.19% 5.87% 0.15x 1.32x CN¥-267.15 Million
2024 0.62% 3.25% 0.14x 1.35x CN¥-285.19 Million

Industry Comparison

This section compares Chengdu B-ray Media Co Ltd's net assets metrics with peer companies in the Publishing industry.

Industry Context

  • Industry: Publishing
  • Average net assets among peers: $1,256,922,973
  • Average return on equity (ROE) among peers: 9.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Chengdu B-ray Media Co Ltd (600880) CN¥3.26 Billion 17.95% 0.27x $485.37 Million
Huamei Holding (000607) $473.81 Million 12.41% 1.07x $262.95 Million
Central China Land Media Co Ltd (000719) $281.54 Million 6.37% 1.86x $515.39 Million
Guangdong Guangzhou Daily Media Co Ltd (002181) $3.61 Billion -1.50% 0.21x $559.76 Million
Tangel Publishing (300148) $97.11 Million 20.83% 0.22x $462.22 Million
Citic Press Corp (300788) $334.80 Million 30.18% 1.35x $246.68 Million
Dook Media Group Limited (301025) $609.67 Million -0.54% 0.20x $162.04 Million
GUOMAI Culture & Media Co. Ltd. (301052) $554.07 Million 10.24% 0.24x $318.52 Million
Ronshin Group A (301231) $912.58 Million 1.09% 0.05x $255.34 Million
Qingdao Citymedia Co Ltd (600229) $864.83 Million 7.49% 0.78x $207.35 Million
Time Publishing and Media Co Ltd Class A (600551) $4.84 Billion 6.21% 0.39x $251.53 Million