Guangxi Radio and Television Information Network Corp Ltd (600936) - Net Assets

Latest as of September 2025: CN¥1.95 Billion CNY ≈ $286.07 Million USD

Based on the latest financial reports, Guangxi Radio and Television Information Network Corp Ltd (600936) has net assets worth CN¥1.95 Billion CNY (≈ $286.07 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¥6.25 Billion ≈ $913.91 Million USD) and total liabilities (CN¥4.29 Billion ≈ $627.84 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. Read debt load of Guangxi Radio and Television Information for a breakdown of total debt and financial obligations.

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. Also explore Guangxi Radio and Television Information balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is Guangxi Radio and Television Information worth.

Year	Net Assets	Change
2024-12-31	CN¥651.78 Million ≈ $95.38 Million	-57.56%
2023-12-31	CN¥1.54 Billion ≈ $224.73 Million	-31.16%
2022-12-31	CN¥2.23 Billion ≈ $326.43 Million	-31.73%
2021-12-31	CN¥3.27 Billion ≈ $478.18 Million	-9.67%
2020-12-31	CN¥3.62 Billion ≈ $529.36 Million	-4.56%
2019-12-31	CN¥3.79 Billion ≈ $554.68 Million	+2.58%
2018-12-31	CN¥3.70 Billion ≈ $540.74 Million	+1.11%
2017-12-31	CN¥3.65 Billion ≈ $534.81 Million	+5.87%
2016-12-31	CN¥3.45 Billion ≈ $505.14 Million	+71.93%
2015-12-31	CN¥2.01 Billion ≈ $293.81 Million	-16.84%
2014-12-31	CN¥2.41 Billion ≈ $353.31 Million	+7.45%
2013-12-31	CN¥2.25 Billion ≈ $328.82 Million	+56.41%
2012-12-31	CN¥1.44 Billion ≈ $210.23 Million	+65.39%
2011-12-31	CN¥868.66 Million ≈ $127.11 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
Eve Holding Inc NYSE:EVEX	$1.01 Billion
Mesnac Co Ltd SHE:002073	$1.01 Billion
Unilumin Group Co Ltd SHE:300232	$1.01 Billion
Jiajiayue Group Co Ltd SHG:603708	$1.01 Billion
Revolve Group LLC NYSE:RVLV	$1.01 Billion
Daoming Optics&Chemical Co Ltd SHE:002632	$1.01 Billion
UP FINT. HLDG (SP.ADR) A F:1M5	$1.01 Billion
Tian Jin Motor Dies Co Ltd SHE:002510	$1.01 Billion

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: 10.56x
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 5.36x to 10.56x 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¥4.13	x
2012-12-31	CN¥1.20	CN¥4.13	x
2013-12-31	CN¥1.65	CN¥4.13	x
2014-12-31	CN¥1.75	CN¥4.13	x
2015-12-31	CN¥1.48	CN¥4.13	x
2016-12-31	CN¥2.29	CN¥4.13	x
2017-12-31	CN¥2.17	CN¥4.13	x
2018-12-31	CN¥3.24	CN¥4.13	x
2019-12-31	CN¥2.27	CN¥4.13	x
2020-12-31	CN¥2.16	CN¥4.13	x
2021-12-31	CN¥1.96	CN¥4.13	x
2022-12-31	CN¥1.33	CN¥4.13	x
2023-12-31	CN¥0.92	CN¥4.13	x
2024-12-31	CN¥0.39	CN¥4.13	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: $877,509,294
Average return on equity (ROE) among peers: -0.88%

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	$1.01 Billion
Beijing Bewinner Communications Co Ltd (002148)	$1.22 Billion	10.61%	0.11x	$645.38 Million
Net263 Ltd (002467)	$132.02 Million	11.11%	0.91x	$1.37 Billion
Runjian Communication Co Ltd Class A (002929)	$1.19 Billion	20.13%	1.01x	$2.48 Billion
Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025)	$458.15 Million	6.12%	0.99x	$428.10 Million
Dingli Communications Corp Ltd (300050)	$686.15 Million	-55.19%	0.54x	$582.02 Million
Fuchun Technology Co Ltd (300299)	$406.51 Million	2.82%	0.14x	$622.24 Million
Zhong Fu Tong Co Ltd (300560)	$1.10 Billion	-4.80%	1.47x	$484.45 Million
Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766)	$1.58 Billion	-4.10%	0.17x	$1.69 Billion
NOVA Technology Corporation Limited (300921)	$812.59 Million	2.25%	0.17x	$724.56 Million
Wuxi Online Offline Communication Information Technology Co. Ltd. (300959)	$1.19 Billion	2.22%	0.12x	$1.11 Billion

About Guangxi Radio and Television Information Network Corp Ltd

SHG:600936 China Telecom Services

Market Cap

$1.01 Billion

CN¥6.90 Billion CNY

Market Cap Rank

#9068 Global

#2425 in China

Share Price

CN¥4.13

Change (1 day)

+0.98%

52-Week Range

CN¥3.40 - CN¥4.89

All Time High

CN¥17.47