China Film Co Ltd
China Film Co., Ltd. engages in the production, distribution, screening, technology, service, and innovation of films and television dramas in China and internationally. It engages in the creation, distribution, screening, technology, services and innovation, covering film and TV series production, and film post-product management; domestic and imported film promotion and distribution, and second… Read more
China Film Co Ltd (600977) - Net Assets
Latest net assets as of September 2025: CN¥11.49 Billion CNY
Based on the latest financial reports, China Film Co Ltd (600977) has net assets worth CN¥11.49 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¥18.95 Billion) and total liabilities (CN¥7.45 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¥11.49 Billion |
| % of Total Assets | 60.66% |
| Annual Growth Rate | 11.11% |
| 5-Year Change | 0.06% |
| 10-Year Change | 110.92% |
| Growth Volatility | 27.05 |
China Film Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how China Film Co 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 China Film Co Ltd (2004–2024)
The table below shows the annual net assets of China Film Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.48 Billion | -0.89% |
| 2023-12-31 | CN¥11.58 Billion | +2.78% |
| 2022-12-31 | CN¥11.27 Billion | -4.01% |
| 2021-12-31 | CN¥11.74 Billion | +2.33% |
| 2020-12-31 | CN¥11.48 Billion | -11.31% |
| 2019-12-31 | CN¥12.94 Billion | +7.68% |
| 2018-12-31 | CN¥12.02 Billion | +9.13% |
| 2017-12-31 | CN¥11.01 Billion | +5.44% |
| 2016-12-31 | CN¥10.44 Billion | +91.83% |
| 2015-12-31 | CN¥5.44 Billion | +22.40% |
| 2014-12-31 | CN¥4.45 Billion | +12.62% |
| 2013-12-31 | CN¥3.95 Billion | +15.95% |
| 2012-12-31 | CN¥3.41 Billion | +22.96% |
| 2011-12-31 | CN¥2.77 Billion | +58.24% |
| 2010-12-31 | CN¥1.75 Billion | -14.94% |
| 2009-12-31 | CN¥2.06 Billion | +49.67% |
| 2008-12-31 | CN¥1.37 Billion | +26.34% |
| 2007-12-31 | CN¥1.09 Billion | -36.69% |
| 2006-12-31 | CN¥1.72 Billion | +7.33% |
| 2005-12-31 | CN¥1.60 Billion | +14.77% |
| 2004-12-31 | CN¥1.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Film 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 grown by 1897.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.89 Billion | 35.28% |
| Common Stock | CN¥1.87 Billion | 16.95% |
| Other Comprehensive Income | CN¥745.03 Million | 6.77% |
| Other Components | CN¥4.51 Billion | 41.00% |
| Total Equity | CN¥11.01 Billion | 100.00% |
China Film Co Ltd Competitors by Market Cap
The table below lists competitors of China Film Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avino Silver & Gold Mines Ltd
NYSE MKT:ASM
|
$1.02 Billion |
|
Lendlease Global Commercial REIT
PINK:LLGCF
|
$1.02 Billion |
|
ARB Corporation Ltd
AU:ARB
|
$1.02 Billion |
|
Bomin Electronics Co Ltd
SHG:603936
|
$1.02 Billion |
|
Kingenta Ecological Engineering Group Co Ltd
SHE:002470
|
$1.02 Billion |
|
Wynn Macau Ltd
PINK:WYNMF
|
$1.02 Billion |
|
Lerøy Seafood Group ASA
PINK:LYSFF
|
$1.02 Billion |
|
Zhejiang Expressway Co. Ltd
PINK:ZHEXF
|
$1.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Film Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,092,291,256 to 11,012,151,021, a change of -80,140,235 (-0.7%).
- Net income of 140,456,834 contributed positively to equity growth.
- Dividend payments of 145,463,083 reduced retained earnings.
- Other comprehensive income increased equity by 23,366,590.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥140.46 Million | +1.28% |
| Dividends Paid | CN¥145.46 Million | -1.32% |
| Other Comprehensive Income | CN¥23.37 Million | +0.21% |
| Other Changes | CN¥-98.50 Million | -0.89% |
| Total Change | CN¥- | -0.72% |
Book Value vs Market Value Analysis
This analysis compares China Film 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: 2.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 13.62x to 2.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.99 | CN¥13.44 | x |
| 2005-12-31 | CN¥1.13 | CN¥13.44 | x |
| 2006-12-31 | CN¥1.21 | CN¥13.44 | x |
| 2007-12-31 | CN¥0.73 | CN¥13.44 | x |
| 2008-12-31 | CN¥0.90 | CN¥13.44 | x |
| 2009-12-31 | CN¥1.34 | CN¥13.44 | x |
| 2010-12-31 | CN¥1.62 | CN¥13.44 | x |
| 2011-12-31 | CN¥1.69 | CN¥13.44 | x |
| 2012-12-31 | CN¥2.11 | CN¥13.44 | x |
| 2013-12-31 | CN¥2.50 | CN¥13.44 | x |
| 2014-12-31 | CN¥2.77 | CN¥13.44 | x |
| 2015-12-31 | CN¥3.42 | CN¥13.44 | x |
| 2016-12-31 | CN¥6.29 | CN¥13.44 | x |
| 2017-12-31 | CN¥5.54 | CN¥13.44 | x |
| 2018-12-31 | CN¥5.99 | CN¥13.44 | x |
| 2019-12-31 | CN¥6.42 | CN¥13.44 | x |
| 2020-12-31 | CN¥5.82 | CN¥13.44 | x |
| 2021-12-31 | CN¥5.94 | CN¥13.44 | x |
| 2022-12-31 | CN¥5.79 | CN¥13.44 | x |
| 2023-12-31 | CN¥5.92 | CN¥13.44 | x |
| 2024-12-31 | CN¥5.88 | CN¥13.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Film 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): 1.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.07%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.71x
- Recent ROE (1.28%) is below the historical average (8.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 6.68% | 6.68% | 0.63x | 1.60x | CN¥-45.79 Million |
| 2005 | 3.11% | 3.61% | 0.51x | 1.70x | CN¥-108.94 Million |
| 2006 | 3.33% | 3.49% | 0.56x | 1.69x | CN¥-113.16 Million |
| 2007 | 0.59% | 0.63% | 0.30x | 3.14x | CN¥-96.72 Million |
| 2008 | 1.01% | 0.72% | 0.48x | 2.98x | CN¥-113.64 Million |
| 2009 | 15.68% | 15.16% | 0.37x | 2.77x | CN¥106.55 Million |
| 2010 | 14.02% | 13.80% | 0.44x | 2.30x | CN¥90.86 Million |
| 2011 | 21.83% | 16.19% | 0.57x | 2.38x | CN¥278.97 Million |
| 2012 | 18.94% | 13.32% | 0.62x | 2.30x | CN¥264.29 Million |
| 2013 | 12.42% | 9.38% | 0.58x | 2.30x | CN¥83.55 Million |
| 2014 | 12.66% | 8.28% | 0.66x | 2.31x | CN¥103.66 Million |
| 2015 | 18.11% | 11.90% | 0.67x | 2.27x | CN¥388.90 Million |
| 2016 | 9.38% | 11.70% | 0.55x | 1.47x | CN¥-60.40 Million |
| 2017 | 9.34% | 10.74% | 0.59x | 1.48x | CN¥-68.34 Million |
| 2018 | 13.38% | 16.54% | 0.55x | 1.46x | CN¥377.41 Million |
| 2019 | 8.85% | 11.70% | 0.53x | 1.44x | CN¥-137.84 Million |
| 2020 | -5.12% | -18.86% | 0.18x | 1.55x | CN¥-1.64 Billion |
| 2021 | 2.13% | 4.06% | 0.30x | 1.73x | CN¥-873.41 Million |
| 2022 | -1.99% | -7.36% | 0.17x | 1.59x | CN¥-1.30 Billion |
| 2023 | 2.36% | 4.91% | 0.28x | 1.71x | CN¥-847.07 Million |
| 2024 | 1.28% | 3.07% | 0.24x | 1.71x | CN¥-960.76 Million |
Industry Comparison
This section compares China Film Co Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $3,928,935,546
- Average return on equity (ROE) among peers: 3.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Film Co Ltd (600977) | CN¥11.49 Billion | 6.68% | 0.65x | $1.02 Billion |
| Wasu Media Holding Co Ltd (000156) | $14.50 Billion | 6.25% | 0.77x | $980.45 Million |
| Huawen Media Investment Corp (000793) | $2.81 Billion | 5.92% | 0.29x | $664.17 Million |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $1.52 Billion | -4.02% | 1.27x | $328.72 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $6.93 Billion | 5.07% | 0.59x | $1.22 Billion |
| Bona Film Group Co Ltd (001330) | $4.89 Billion | 5.40% | 1.13x | $813.59 Million |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $4.00 Billion | -40.75% | 0.67x | $964.40 Million |
| Ciwen Media Co Ltd (002343) | $970.39 Million | 5.07% | 0.67x | $335.25 Million |
| Perfect World Co Ltd (002624) | $486.22 Million | 11.14% | 0.44x | $3.48 Billion |
| Wanda Cinema Line Corp (002739) | $3.00 Billion | 26.67% | 0.52x | $2.39 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $180.05 Million | 15.70% | 0.33x | $250.22 Million |