Guangxi Radio and Television Information Network Corp Ltd
Guangxi Beitou Technology Company Limited provides radio and television network services in China. The company offers television transmission services; digital TV value-added services, such as cable digital TV pay programs, high-definition digital TV and other services; and broadband two-way interactive services. It is also involved in construction and leasing of cable television network faciliti… Read more
Guangxi Radio and Television Information Network Corp Ltd (600936) - Net Assets
Latest net assets as of September 2025: CN¥1.95 Billion CNY
Based on the latest financial reports, Guangxi Radio and Television Information Network Corp Ltd (600936) has net assets worth CN¥1.95 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¥6.25 Billion) and total liabilities (CN¥4.29 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¥1.95 Billion |
| % of Total Assets | 31.3% |
| Annual Growth Rate | -2.19% |
| 5-Year Change | -81.98% |
| 10-Year Change | -67.54% |
| Growth Volatility | 37.36 |
Guangxi Radio and Television Information Network Corp Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Guangxi Radio and Television Information Network Corp 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 Guangxi Radio and Television Information Network Corp Ltd (2011–2024)
The table below shows the annual net assets of Guangxi Radio and Television Information Network Corp Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥651.78 Million | -57.56% |
| 2023-12-31 | CN¥1.54 Billion | -31.16% |
| 2022-12-31 | CN¥2.23 Billion | -31.73% |
| 2021-12-31 | CN¥3.27 Billion | -9.67% |
| 2020-12-31 | CN¥3.62 Billion | -4.56% |
| 2019-12-31 | CN¥3.79 Billion | +2.58% |
| 2018-12-31 | CN¥3.70 Billion | +1.11% |
| 2017-12-31 | CN¥3.65 Billion | +5.87% |
| 2016-12-31 | CN¥3.45 Billion | +71.93% |
| 2015-12-31 | CN¥2.01 Billion | -16.84% |
| 2014-12-31 | CN¥2.41 Billion | +7.45% |
| 2013-12-31 | CN¥2.25 Billion | +56.41% |
| 2012-12-31 | CN¥1.44 Billion | +65.39% |
| 2011-12-31 | CN¥868.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangxi Radio and Television Information Network Corp 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 204686624092.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.67 Billion | 256.38% |
| Other Comprehensive Income | CN¥237.77 Million | 36.48% |
| Other Components | CN¥1.09 Billion | 166.66% |
| Total Equity | CN¥651.78 Million | 100.00% |
Guangxi Radio and Television Information Network Corp Ltd Competitors by Market Cap
The table below lists competitors of Guangxi Radio and Television Information Network Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou CNCR-IT Co Ltd
SHE:300250
|
$470.16 Million |
|
Xiamen Voke Mold & Plastic Engineering Co. Ltd.
SHE:301196
|
$470.25 Million |
|
SOFTCHOICE CORP.
F:90Q
|
$470.36 Million |
|
DCM Shriram Limited
NSE:DCMSHRIRAM
|
$470.54 Million |
|
TOUR EIFFEL INH. EO 5
F:UVA
|
$470.00 Million |
|
Tessenderlo Group NV
PINK:TSDOF
|
$469.93 Million |
|
Shenzhen Best of Best Holdings Co. Ltd. A
SHE:001298
|
$469.91 Million |
|
Curaleaf Holdings Inc
OTCQX:CURLF
|
$469.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangxi Radio and Television Information Network Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,535,728,820 to 651,779,283, a change of -883,949,537 (-57.6%).
- Net loss of 882,853,786 reduced equity.
- Dividend payments of 157,823,005 reduced retained earnings.
- Other comprehensive income increased equity by 235,127,750.
- Other factors decreased equity by 78,400,496.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-882.85 Million | -135.45% |
| Dividends Paid | CN¥157.82 Million | -24.21% |
| Other Comprehensive Income | CN¥235.13 Million | +36.07% |
| Other Changes | CN¥-78.40 Million | -12.03% |
| Total Change | CN¥- | -57.56% |
Book Value vs Market Value Analysis
This analysis compares Guangxi Radio and Television Information Network Corp 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: 10.22x
- 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 5.19x to 10.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.77 | CN¥4.00 | x |
| 2012-12-31 | CN¥1.20 | CN¥4.00 | x |
| 2013-12-31 | CN¥1.65 | CN¥4.00 | x |
| 2014-12-31 | CN¥1.75 | CN¥4.00 | x |
| 2015-12-31 | CN¥1.48 | CN¥4.00 | x |
| 2016-12-31 | CN¥2.29 | CN¥4.00 | x |
| 2017-12-31 | CN¥2.17 | CN¥4.00 | x |
| 2018-12-31 | CN¥3.24 | CN¥4.00 | x |
| 2019-12-31 | CN¥2.27 | CN¥4.00 | x |
| 2020-12-31 | CN¥2.16 | CN¥4.00 | x |
| 2021-12-31 | CN¥1.96 | CN¥4.00 | x |
| 2022-12-31 | CN¥1.33 | CN¥4.00 | x |
| 2023-12-31 | CN¥0.92 | CN¥4.00 | x |
| 2024-12-31 | CN¥0.39 | CN¥4.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangxi Radio and Television Information Network Corp 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): -135.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -64.96%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 11.16x
- Recent ROE (-135.45%) 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 |
|---|---|---|---|---|---|
| 2011 | 14.27% | 9.64% | 0.36x | 4.08x | CN¥37.07 Million |
| 2012 | 23.40% | 20.49% | 0.40x | 2.85x | CN¥192.39 Million |
| 2013 | 15.11% | 18.67% | 0.42x | 1.94x | CN¥114.67 Million |
| 2014 | 14.90% | 17.80% | 0.41x | 2.05x | CN¥118.15 Million |
| 2015 | 18.95% | 15.57% | 0.46x | 2.63x | CN¥179.67 Million |
| 2016 | 8.72% | 10.77% | 0.41x | 1.96x | CN¥-44.11 Million |
| 2017 | 5.52% | 7.45% | 0.37x | 2.02x | CN¥-163.62 Million |
| 2018 | 3.36% | 5.11% | 0.29x | 2.29x | CN¥-245.18 Million |
| 2019 | 2.90% | 4.93% | 0.24x | 2.40x | CN¥-269.01 Million |
| 2020 | -3.95% | -6.59% | 0.21x | 2.88x | CN¥-504.60 Million |
| 2021 | -10.70% | -18.91% | 0.17x | 3.25x | CN¥-676.51 Million |
| 2022 | -46.49% | -61.71% | 0.19x | 4.06x | CN¥-1.26 Billion |
| 2023 | -45.46% | -49.72% | 0.17x | 5.28x | CN¥-851.66 Million |
| 2024 | -135.45% | -64.96% | 0.19x | 11.16x | CN¥-948.03 Million |
Industry Comparison
This section compares Guangxi Radio and Television Information Network Corp Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $1,458,772,401
- Average return on equity (ROE) among peers: 9.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangxi Radio and Television Information Network Corp Ltd (600936) | CN¥1.95 Billion | 14.27% | 2.19x | $470.13 Million |
| Beijing Bewinner Communications Co Ltd (002148) | $1.22 Billion | 10.61% | 0.11x | $437.69 Million |
| Net263 Ltd (002467) | $1.05 Billion | 6.60% | 0.09x | $1.15 Billion |
| Runjian Communication Co Ltd Class A (002929) | $5.98 Billion | 7.34% | 1.48x | $1.04 Billion |
| Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) | $673.56 Million | 2.07% | 0.39x | $332.87 Million |
| Dingli Communications Corp Ltd (300050) | $219.84 Million | 50.65% | 0.36x | $380.27 Million |
| Fuchun Technology Co Ltd (300299) | $531.11 Million | 14.13% | 0.92x | $421.56 Million |
| Zhong Fu Tong Co Ltd (300560) | $230.82 Million | 0.00% | 0.55x | $288.57 Million |
| Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) | $1.67 Billion | -2.99% | 0.22x | $1.46 Billion |
| Wuxi Online Offline Communication Information Technology Co. Ltd. (300959) | $1.17 Billion | 4.30% | 0.15x | $530.67 Million |
| Wintao Communications Co. Ltd (301139) | $1.85 Billion | 6.79% | 0.51x | $169.25 Million |