Guangxi Radio and Television Information Network Corp Ltd (600936) - Net Assets
Based on the latest financial reports, Guangxi Radio and Television Information Network Corp Ltd (600936) has net assets worth CN¥2.01 Billion CNY (≈ $294.20 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.50 Billion ≈ $805.41 Million USD) and total liabilities (CN¥3.49 Billion ≈ $511.21 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. Check Guangxi Radio and Television Information tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.01 Billion |
| % of Total Assets | 36.53% |
| Annual Growth Rate | 5.94% |
| 5-Year Change | -40.38% |
| 10-Year Change | -43.56% |
| Growth Volatility | 61.66 |
Guangxi Radio and Television Information Network Corp Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Guangxi Radio and Television Information Network Corp Ltd's net assets have evolved over time, based on quarterly financial data. See 600936 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Guangxi Radio and Television Information Network Corp Ltd (2011–2025)
The table below shows the annual net assets of Guangxi Radio and Television Information Network Corp Ltd from 2011 to 2025. For live valuation and market cap data, see how much is Guangxi Radio and Television Information worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.95 Billion ≈ $285.10 Million |
+198.93% |
| 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 |
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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 118631637751.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.45 Billion | 252.99% |
| Total Equity | CN¥969.13 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 |
|---|---|
|
Playtech plc
F:PL8
|
$1.13 Billion |
|
Nokian Renkaat Oyj
HE:TYRES
|
$1.13 Billion |
|
Bolsa Mexicana de Valores S.A.B. de C.V
MX:BOLSAA
|
$1.13 Billion |
|
Aevis Victoria SA
SW:AEVS
|
$1.13 Billion |
|
Day One Biopharmaceuticals Inc
NASDAQ:DAWN
|
$1.13 Billion |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
$1.13 Billion |
|
Norbit ASA
OL:NORBT
|
$1.13 Billion |
|
Shenzhen Prince New Materials Co Ltd
SHE:002735
|
$1.13 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 2024 to 2025, total equity changed from 651,779,283 to 969,129,654, a change of 317,350,371 (48.7%).
- Net loss of 377,172,308 reduced equity.
- Dividend payments of 1,017,575,507 reduced retained earnings.
- Other comprehensive income decreased equity by 237,768,336.
- Other factors increased equity by 1,949,866,523.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-377.17 Million | -38.92% |
| Dividends Paid | CN¥1.02 Billion | -105.0% |
| Other Comprehensive Income | CN¥-237.77 Million | -24.53% |
| Other Changes | CN¥1.95 Billion | +201.2% |
| Total Change | CN¥- | 48.69% |
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: 7.97x
- 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 6.00x to 7.97x 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¥4.62 | x |
| 2012-12-31 | CN¥1.20 | CN¥4.62 | x |
| 2013-12-31 | CN¥1.64 | CN¥4.62 | x |
| 2014-12-31 | CN¥1.75 | CN¥4.62 | x |
| 2015-12-31 | CN¥1.48 | CN¥4.62 | x |
| 2016-12-31 | CN¥2.29 | CN¥4.62 | x |
| 2017-12-31 | CN¥2.17 | CN¥4.62 | x |
| 2018-12-31 | CN¥2.08 | CN¥4.62 | x |
| 2019-12-31 | CN¥2.41 | CN¥4.62 | x |
| 2020-12-31 | CN¥2.28 | CN¥4.62 | x |
| 2021-12-31 | CN¥1.96 | CN¥4.62 | x |
| 2022-12-31 | CN¥1.33 | CN¥4.62 | x |
| 2023-12-31 | CN¥0.92 | CN¥4.62 | x |
| 2024-12-31 | CN¥0.39 | CN¥4.62 | x |
| 2025-12-31 | CN¥0.58 | CN¥4.62 | 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): -38.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.49%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 6.44x
- Recent ROE (-38.92%) is below the historical average (-11.59%), 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 | -46.48% | -61.70% | 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 |
| 2025 | -38.92% | -10.49% | 0.58x | 6.44x | CN¥-474.09 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: $1,205,935,474
- Average return on equity (ROE) among peers: 6.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangxi Radio and Television Information Network Corp Ltd (600936) | CN¥2.01 Billion | 14.27% | 1.74x | $1.13 Billion |
| Beijing Bewinner Communications Co Ltd (002148) | $1.13 Billion | -2.52% | 0.10x | $511.02 Million |
| Net263 Ltd (002467) | $2.02 Billion | 3.39% | 0.17x | $1.04 Billion |
| Runjian Communication Co Ltd Class A (002929) | $946.00 Million | 18.90% | 1.02x | $2.58 Billion |
| Hangzhou Huaxing Chuangye Communication Technology Co Ltd (300025) | $800.19 Million | -16.68% | 2.76x | $336.52 Million |
| Dingli Communications Corp Ltd (300050) | $2.42 Billion | 1.07% | 0.27x | $537.37 Million |
| Fuchun Technology Co Ltd (300299) | $531.11 Million | 14.13% | 0.92x | $514.15 Million |
| Zhong Fu Tong Co Ltd (300560) | $1.14 Billion | 3.14% | 1.37x | $630.35 Million |
| Zhejiang Merit Interactive Network Technology Co Ltd Class A (300766) | $1.13 Billion | 21.95% | 0.08x | $1.39 Billion |
| NOVA Technology Corporation Limited (300921) | $805.10 Million | 9.45% | 0.14x | $598.69 Million |
| Wuxi Online Offline Communication Information Technology Co. Ltd. (300959) | $1.13 Billion | 7.48% | 0.04x | $1.88 Billion |
About 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