Jiangsu Broadcasting Cable inf
Jiangsu Broadcasting Cable Information Network Corporation Limited engages in the construction and operation of radio and television networks in China. It is also involved in the development, operation, and transmission of radio and television programs, data broadband services, and digital TV value-added services, as well as 5G communication technology services. The company was founded in 2008 an… Read more
Jiangsu Broadcasting Cable inf (600959) - Net Assets
Latest net assets as of September 2025: CN¥23.69 Billion CNY
Based on the latest financial reports, Jiangsu Broadcasting Cable inf (600959) has net assets worth CN¥23.69 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¥36.72 Billion) and total liabilities (CN¥13.03 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¥23.69 Billion |
| % of Total Assets | 64.51% |
| Annual Growth Rate | 7.96% |
| 5-Year Change | 4.83% |
| 10-Year Change | 83.58% |
| Growth Volatility | 18.54 |
Jiangsu Broadcasting Cable inf - Net Assets Trend (2009–2024)
This chart illustrates how Jiangsu Broadcasting Cable inf's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jiangsu Broadcasting Cable inf (2009–2024)
The table below shows the annual net assets of Jiangsu Broadcasting Cable inf from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥23.44 Billion | +1.37% |
| 2023-12-31 | CN¥23.13 Billion | +1.33% |
| 2022-12-31 | CN¥22.82 Billion | +1.13% |
| 2021-12-31 | CN¥22.57 Billion | +0.91% |
| 2020-12-31 | CN¥22.36 Billion | +0.13% |
| 2019-12-31 | CN¥22.33 Billion | +0.52% |
| 2018-12-31 | CN¥22.22 Billion | +1.09% |
| 2017-12-31 | CN¥21.98 Billion | +1.13% |
| 2016-12-31 | CN¥21.73 Billion | +70.18% |
| 2015-12-31 | CN¥12.77 Billion | +36.97% |
| 2014-12-31 | CN¥9.32 Billion | +4.63% |
| 2013-12-31 | CN¥8.91 Billion | +5.67% |
| 2012-12-31 | CN¥8.43 Billion | +7.52% |
| 2011-12-31 | CN¥7.84 Billion | +3.07% |
| 2010-12-31 | CN¥7.61 Billion | +2.35% |
| 2009-12-31 | CN¥7.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Broadcasting Cable inf'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 914.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.45 Billion | 15.30% |
| Common Stock | CN¥5.00 Billion | 22.20% |
| Other Comprehensive Income | CN¥938.01 Million | 4.16% |
| Other Components | CN¥13.14 Billion | 58.33% |
| Total Equity | CN¥22.53 Billion | 100.00% |
Jiangsu Broadcasting Cable inf Competitors by Market Cap
The table below lists competitors of Jiangsu Broadcasting Cable inf ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Perusahaan Gas Negara Tbk
F:PGB1
|
$1.20 Billion |
|
Shaanxi Huaqin Technology Industry Co. Ltd. A
SHG:688281
|
$1.20 Billion |
|
Carter’s Inc
NYSE:CRI
|
$1.20 Billion |
|
BANPU PCL -FGN- BA 1
F:BPFG
|
$1.20 Billion |
|
Berkshire Hills Bancorp Inc
NYSE:BHLB
|
$1.20 Billion |
|
Astec Industries Inc
NASDAQ:ASTE
|
$1.20 Billion |
|
RAPT Therapeutics Inc
NASDAQ:RAPT
|
$1.20 Billion |
|
Bozhon Precision Industry Technology Co. Ltd. A
SHG:688097
|
$1.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Broadcasting Cable inf's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,261,404,278 to 22,526,136,739, a change of 264,732,461 (1.2%).
- Net income of 365,414,167 contributed positively to equity growth.
- Dividend payments of 217,821,694 reduced retained earnings.
- Other comprehensive income increased equity by 938,009,335.
- Other factors decreased equity by 820,869,347.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥365.41 Million | +1.62% |
| Dividends Paid | CN¥217.82 Million | -0.97% |
| Other Comprehensive Income | CN¥938.01 Million | +4.16% |
| Other Changes | CN¥-820.87 Million | -3.64% |
| Total Change | CN¥- | 1.19% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Broadcasting Cable inf'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: 0.93x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.64x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥2.45 | CN¥4.02 | x |
| 2010-12-31 | CN¥2.51 | CN¥4.02 | x |
| 2011-12-31 | CN¥2.53 | CN¥4.02 | x |
| 2012-12-31 | CN¥2.62 | CN¥4.02 | x |
| 2013-12-31 | CN¥2.69 | CN¥4.02 | x |
| 2014-12-31 | CN¥2.83 | CN¥4.02 | x |
| 2015-12-31 | CN¥3.28 | CN¥4.02 | x |
| 2016-12-31 | CN¥3.41 | CN¥4.02 | x |
| 2017-12-31 | CN¥3.41 | CN¥4.02 | x |
| 2018-12-31 | CN¥4.82 | CN¥4.02 | x |
| 2019-12-31 | CN¥4.32 | CN¥4.02 | x |
| 2020-12-31 | CN¥4.33 | CN¥4.02 | x |
| 2021-12-31 | CN¥4.36 | CN¥4.02 | x |
| 2022-12-31 | CN¥4.40 | CN¥4.02 | x |
| 2023-12-31 | CN¥4.58 | CN¥4.02 | x |
| 2024-12-31 | CN¥4.32 | CN¥4.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Broadcasting Cable inf 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): 1.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.58%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.67x
- Recent ROE (1.62%) is below the historical average (4.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 5.33% | 17.25% | 0.23x | 1.35x | CN¥-336.37 Million |
| 2010 | 5.83% | 16.90% | 0.24x | 1.42x | CN¥-305.64 Million |
| 2011 | 6.68% | 16.88% | 0.26x | 1.53x | CN¥-249.22 Million |
| 2012 | 7.35% | 17.24% | 0.26x | 1.63x | CN¥-212.69 Million |
| 2013 | 8.30% | 17.55% | 0.28x | 1.69x | CN¥-141.64 Million |
| 2014 | 8.97% | 17.67% | 0.29x | 1.73x | CN¥-89.37 Million |
| 2015 | 6.40% | 16.61% | 0.25x | 1.54x | CN¥-434.85 Million |
| 2016 | 6.74% | 16.12% | 0.17x | 2.44x | CN¥-422.43 Million |
| 2017 | 5.86% | 9.68% | 0.25x | 2.41x | CN¥-552.51 Million |
| 2018 | 2.90% | 7.92% | 0.24x | 1.50x | CN¥-1.53 Billion |
| 2019 | 1.53% | 4.33% | 0.23x | 1.51x | CN¥-1.83 Billion |
| 2020 | 0.78% | 2.30% | 0.22x | 1.56x | CN¥-1.99 Billion |
| 2021 | 1.45% | 4.22% | 0.21x | 1.61x | CN¥-1.86 Billion |
| 2022 | 1.48% | 4.35% | 0.20x | 1.68x | CN¥-1.88 Billion |
| 2023 | 1.53% | 4.48% | 0.20x | 1.67x | CN¥-1.89 Billion |
| 2024 | 1.62% | 4.58% | 0.21x | 1.67x | CN¥-1.89 Billion |
Industry Comparison
This section compares Jiangsu Broadcasting Cable inf's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $3,533,513,607
- Average return on equity (ROE) among peers: -1.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Broadcasting Cable inf (600959) | CN¥23.69 Billion | 5.33% | 0.55x | $1.20 Billion |
| Hubei Radio and Television Information Network Co Ltd (000665) | $2.32 Billion | 7.92% | 0.43x | $434.69 Million |
| H&R Century Union Corp (000892) | $1.87 Billion | -41.99% | 0.42x | $563.50 Million |
| Shenzhen Topway Video Communication Co Ltd (002238) | $2.29 Billion | 7.96% | 0.70x | $212.77 Million |
| Beijing Gehua CATV Network Co Ltd (600037) | $13.43 Billion | 4.33% | 0.21x | $885.73 Million |
| Guizhou Broadcasting&TV Info (600996) | $756.58 Million | 7.36% | 3.20x | $631.31 Million |
| TVZone Media Co Ltd (603721) | $537.37 Million | 5.10% | 0.16x | $181.02 Million |