Dasheng Times Cultural Investment Co Ltd Net Assets
Dasheng Times Cultural Investment Co Ltd net assets. Based on the latest financial reports, Dasheng Times Cultural Investment Co Ltd (600892) has net assets worth CN¥16.97 Million CNY (≈ $2.48 Million 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¥494.95 Million ≈ $72.43 Million USD) and total liabilities (CN¥477.97 Million ≈ $69.94 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 Dasheng Times Cultural Investment Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥16.97 Million |
| % of Total Assets | 3.43% |
| Annual Growth Rate | 1.04% |
| 5-Year Change | -67.65% |
| 10-Year Change | -93.66% |
| Growth Volatility | 1427.27 |
Net Assets of Dasheng Times Cultural Investment Co Ltd (1994–2024)
Net assets of Dasheng Times Cultural Investment Co Ltd from 1994 to 2024. This chart illustrates how Dasheng Times Cultural Investment Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600892 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Dasheng Times Cultural Investment Co Ltd (1994–2024)
The table below shows the annual net assets of Dasheng Times Cultural Investment Co Ltd from 1994 to 2024. For live market cap and overall valuation, see 600892 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥97.30 Million ≈ $14.24 Million |
-41.52% |
| 2023-12-31 | CN¥166.38 Million ≈ $24.35 Million |
-19.48% |
| 2022-12-31 | CN¥206.64 Million ≈ $30.24 Million |
+13.03% |
| 2021-12-31 | CN¥182.82 Million ≈ $26.75 Million |
-39.21% |
| 2020-12-31 | CN¥300.75 Million ≈ $44.01 Million |
+10.76% |
| 2019-12-31 | CN¥271.54 Million ≈ $39.73 Million |
-68.97% |
| 2018-12-31 | CN¥875.14 Million ≈ $128.06 Million |
-56.26% |
| 2017-12-31 | CN¥2.00 Billion ≈ $292.79 Million |
+18.20% |
| 2016-12-31 | CN¥1.69 Billion ≈ $247.71 Million |
+10.32% |
| 2015-12-31 | CN¥1.53 Billion ≈ $224.54 Million |
+6045.42% |
| 2014-12-31 | CN¥24.97 Million ≈ $3.65 Million |
+6.46% |
| 2013-12-31 | CN¥23.45 Million ≈ $3.43 Million |
+67.09% |
| 2012-12-31 | CN¥14.04 Million ≈ $2.05 Million |
+162.84% |
| 2011-12-31 | CN¥-22.34 Million ≈ $-3.27 Million |
+19.12% |
| 2010-12-31 | CN¥-27.62 Million ≈ $-4.04 Million |
-102.74% |
| 2009-12-31 | CN¥-13.62 Million ≈ $-1.99 Million |
-33.58% |
| 2008-12-31 | CN¥-10.20 Million ≈ $-1.49 Million |
+26.60% |
| 2007-12-31 | CN¥-13.89 Million ≈ $-2.03 Million |
-356.85% |
| 2006-12-31 | CN¥-3.04 Million ≈ $-445.03K |
-98.06% |
| 2005-12-31 | CN¥-1.54 Million ≈ $-224.70K |
+82.62% |
| 2004-12-31 | CN¥-8.83 Million ≈ $-1.29 Million |
-154.96% |
| 2003-12-31 | CN¥16.08 Million ≈ $2.35 Million |
-81.49% |
| 2002-12-31 | CN¥86.86 Million ≈ $12.71 Million |
-19.11% |
| 2001-12-31 | CN¥107.39 Million ≈ $15.71 Million |
+0.65% |
| 2000-12-31 | CN¥106.70 Million ≈ $15.61 Million |
+3448.16% |
| 1999-12-31 | CN¥3.01 Million ≈ $440.03K |
-25.33% |
| 1998-12-31 | CN¥4.03 Million ≈ $589.29K |
-92.41% |
| 1997-12-31 | CN¥53.05 Million ≈ $7.76 Million |
-27.07% |
| 1996-12-31 | CN¥72.74 Million ≈ $10.64 Million |
+1.01% |
| 1995-12-31 | CN¥72.01 Million ≈ $10.54 Million |
+0.84% |
| 1994-12-31 | CN¥71.41 Million ≈ $10.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dasheng Times Cultural Investment 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 44007.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Dasheng Times Cultural Investment Co Ltd Net Assets Breakdown (December 2024)
Dasheng Times Cultural Investment Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥559.46 Million | 732.23% |
| Other Comprehensive Income | CN¥121.61 Million | 159.17% |
| Other Components | CN¥989.65 Million | 1295.27% |
| Total Equity | CN¥76.41 Million | 100.00% |
Dasheng Times Cultural Investment Co Ltd Competitors by Market Cap
The table below lists competitors of Dasheng Times Cultural Investment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tubacex S.A
MC:TUB
|
$379.10 Million |
|
Shanghai Ailu Package Co. Ltd.
SHE:301062
|
$379.16 Million |
|
Kiler Holding A.S.
IS:KLRHO
|
$379.24 Million |
|
Multiconsult AS
OL:MULTI
|
$379.28 Million |
|
Jasmine Telecom Systems Public Company Limited
BK:JTS
|
$378.95 Million |
|
Sanyou Corporation Limited
SHE:300932
|
$378.95 Million |
|
Ipd Group Ltd
AU:IPG
|
$378.90 Million |
|
AB Traction
ST:TRAC-B
|
$378.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dasheng Times Cultural Investment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 140,628,959 to 76,405,204, a change of -64,223,755 (-45.7%).
- Net loss of 63,687,055 reduced equity.
- Dividend payments of 451,167 reduced retained earnings.
- Other comprehensive income increased equity by 539,078.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-63.69 Million | -83.35% |
| Dividends Paid | CN¥451.17K | -0.59% |
| Other Comprehensive Income | CN¥539.08K | +0.71% |
| Other Changes | CN¥-624.61K | -0.82% |
| Total Change | CN¥- | -45.67% |
Book Value vs Market Value Analysis
This analysis compares Dasheng Times Cultural Investment 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: 35.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 16.36x to 35.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.28 | CN¥4.63 | x |
| 1995-12-31 | CN¥0.29 | CN¥4.63 | x |
| 1996-12-31 | CN¥0.29 | CN¥4.63 | x |
| 1997-12-31 | CN¥0.21 | CN¥4.63 | x |
| 1998-12-31 | CN¥0.02 | CN¥4.63 | x |
| 1999-12-31 | CN¥0.01 | CN¥4.63 | x |
| 2000-12-31 | CN¥0.28 | CN¥4.63 | x |
| 2001-12-31 | CN¥0.25 | CN¥4.63 | x |
| 2002-12-31 | CN¥0.21 | CN¥4.63 | x |
| 2003-12-31 | CN¥0.00 | CN¥4.63 | x |
| 2004-12-31 | CN¥-0.10 | CN¥4.63 | x |
| 2005-12-31 | CN¥-0.09 | CN¥4.63 | x |
| 2006-12-31 | CN¥-0.09 | CN¥4.63 | x |
| 2007-12-31 | CN¥-0.11 | CN¥4.63 | x |
| 2008-12-31 | CN¥-0.12 | CN¥4.63 | x |
| 2009-12-31 | CN¥-0.12 | CN¥4.63 | x |
| 2010-12-31 | CN¥-0.17 | CN¥4.63 | x |
| 2011-12-31 | CN¥-0.15 | CN¥4.63 | x |
| 2012-12-31 | CN¥0.01 | CN¥4.63 | x |
| 2013-12-31 | CN¥0.02 | CN¥4.63 | x |
| 2014-12-31 | CN¥0.03 | CN¥4.63 | x |
| 2015-12-31 | CN¥7.74 | CN¥4.63 | x |
| 2016-12-31 | CN¥2.95 | CN¥4.63 | x |
| 2017-12-31 | CN¥3.54 | CN¥4.63 | x |
| 2018-12-31 | CN¥1.51 | CN¥4.63 | x |
| 2019-12-31 | CN¥0.45 | CN¥4.63 | x |
| 2020-12-31 | CN¥0.48 | CN¥4.63 | x |
| 2021-12-31 | CN¥0.28 | CN¥4.63 | x |
| 2022-12-31 | CN¥0.32 | CN¥4.63 | x |
| 2023-12-31 | CN¥0.22 | CN¥4.63 | x |
| 2024-12-31 | CN¥0.13 | CN¥4.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dasheng Times Cultural Investment 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): -83.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.18%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 4.40x
- Recent ROE (-83.35%) is below the historical average (-31.95%), 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 | 6.18% | 4.03% | 0.64x | 2.39x | CN¥-2.73 Million |
| 1995 | 6.38% | 3.86% | 0.68x | 2.45x | CN¥-2.61 Million |
| 1996 | 1.00% | 0.92% | 0.41x | 2.63x | CN¥-6.55 Million |
| 1997 | -37.12% | -31.22% | 0.33x | 3.56x | CN¥-25.00 Million |
| 1998 | -1217.23% | -188.05% | 0.16x | 39.86x | CN¥-49.42 Million |
| 1999 | 59.95% | 9.98% | 0.12x | 50.82x | CN¥1.50 Million |
| 2000 | 1.72% | 5.54% | 0.09x | 3.50x | CN¥-5.81 Million |
| 2001 | 2.25% | 5.98% | 0.10x | 3.72x | CN¥-4.91 Million |
| 2002 | -31.66% | -18.08% | 0.24x | 7.22x | CN¥-21.69 Million |
| 2003 | 0.00% | -61.37% | 0.39x | 0.00x | CN¥-68.62 Million |
| 2004 | 0.00% | -25.28% | 0.74x | 0.00x | CN¥-21.55 Million |
| 2005 | 0.00% | 1.51% | 0.51x | 0.00x | CN¥3.41 Million |
| 2006 | 0.00% | -9.33% | 0.81x | 0.00x | CN¥-7.77 Million |
| 2007 | 0.00% | -5.46% | 1.25x | 0.00x | CN¥-5.90 Million |
| 2008 | 0.00% | 6.32% | 0.74x | 0.00x | CN¥9.29 Million |
| 2009 | 0.00% | -7.73% | 0.88x | 0.00x | CN¥-6.91 Million |
| 2010 | 0.00% | -6.10% | 1.12x | 0.00x | CN¥-8.33 Million |
| 2011 | 0.00% | 0.70% | 1.90x | 0.00x | CN¥8.54 Million |
| 2012 | 636.08% | 1.92% | 2.52x | 131.57x | CN¥12.93 Million |
| 2013 | 45.47% | 0.47% | 2.47x | 39.44x | CN¥2.20 Million |
| 2014 | 16.52% | 1.66% | 0.47x | 21.28x | CN¥485.40K |
| 2015 | -0.06% | -5.04% | 0.01x | 1.79x | CN¥-152.68 Million |
| 2016 | 9.14% | 42.89% | 0.14x | 1.50x | CN¥-14.29 Million |
| 2017 | 15.24% | 95.53% | 0.11x | 1.42x | CN¥103.13 Million |
| 2018 | -134.07% | -563.48% | 0.15x | 1.61x | CN¥-1.21 Billion |
| 2019 | -224.32% | -295.16% | 0.29x | 2.59x | CN¥-591.24 Million |
| 2020 | 8.73% | 7.80% | 0.52x | 2.17x | CN¥-3.40 Million |
| 2021 | -70.91% | -50.97% | 0.47x | 2.97x | CN¥-124.61 Million |
| 2022 | 13.28% | 11.40% | 0.55x | 2.14x | CN¥5.86 Million |
| 2023 | -13.70% | -8.48% | 0.74x | 2.20x | CN¥-33.34 Million |
| 2024 | -83.35% | -38.18% | 0.50x | 4.40x | CN¥-71.33 Million |
Industry Comparison
This section compares Dasheng Times Cultural Investment Co Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $1,593,407,987
- Average return on equity (ROE) among peers: 4.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dasheng Times Cultural Investment Co Ltd (600892) | CN¥16.97 Million | 6.18% | 28.16x | $379.05 Million |
| Wasu Media Holding Co Ltd (000156) | $482.66 Million | 3.00% | 0.39x | $2.11 Billion |
| Huawen Media Investment Corp (000793) | $2.52 Billion | 5.19% | 0.37x | $1.16 Billion |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $1.06 Billion | -14.63% | 1.50x | $399.13 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $5.21 Billion | 3.26% | 1.23x | $1.42 Billion |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $2.96 Billion | 2.43% | 0.39x | $2.03 Billion |
| Ciwen Media Co Ltd (002343) | $356.13 Million | 6.67% | 1.77x | $594.72 Million |
| Perfect World Co Ltd (002624) | $490.86 Million | 6.04% | 0.47x | $3.20 Billion |
| Wanda Cinema Line Corp (002739) | $1.21 Billion | 25.19% | 0.58x | $2.86 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $767.19 Million | -10.10% | 0.34x | $279.18 Million |
| Guangzhou Jinyi Media Corp (002905) | $867.78 Million | 22.53% | 1.57x | $468.62 Million |
About Dasheng Times Cultural Investment Co Ltd
Dasheng Times Cultural Investment Co., Ltd. engages in the game development, education, and film and television investment and production activities in China. The company was formerly known as Baocheng Investment Co., Ltd. and changed its name to Dasheng Times Cultural Investment Co., Ltd. in June 2016. Dasheng Times Cultural Investment Co., Ltd. was founded in 1993 and is based in Shenzhen, Chin… Read more