Zhewen Interactive Group Co Ltd

SHG:600986 China Advertising Agencies
Market Cap
$2.09 Billion
CN¥15.36 Billion CNY
Market Cap Rank
#5561 Global
#732 in China
Share Price
CN¥10.33
Change (1 day)
-3.64%
52-Week Range
CN¥7.02 - CN¥15.52
All Time High
CN¥17.19
About

Zhewen Interactive Group Co., Ltd., together with its subsidiaries, provides intelligent marketing solutions in China, Hong Kong, Macau, Taiwan, and internationally. The company offers digital marketing solutions, including data insights, performance marketing, performance optimization and management, brand promotion, media planning and delivery, experience and content marketing, public relations… Read more

Zhewen Interactive Group Co Ltd (600986) - Net Assets

Latest net assets as of September 2025: CN¥5.28 Billion CNY

Based on the latest financial reports, Zhewen Interactive Group Co Ltd (600986) has net assets worth CN¥5.28 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¥9.60 Billion) and total liabilities (CN¥4.32 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¥5.28 Billion
% of Total Assets 55.0%
Annual Growth Rate 14.41%
5-Year Change 36.23%
10-Year Change 32.02%
Growth Volatility 80.29

Zhewen Interactive Group Co Ltd - Net Assets Trend (2001–2024)

This chart illustrates how Zhewen Interactive Group 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 Zhewen Interactive Group Co Ltd (2001–2024)

The table below shows the annual net assets of Zhewen Interactive Group Co Ltd from 2001 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.10 Billion +0.65%
2023-12-31 CN¥5.07 Billion +22.71%
2022-12-31 CN¥4.13 Billion +2.21%
2021-12-31 CN¥4.04 Billion +7.92%
2020-12-31 CN¥3.75 Billion +2.83%
2019-12-31 CN¥3.64 Billion -41.76%
2018-12-31 CN¥6.25 Billion +1.51%
2017-12-31 CN¥6.16 Billion +45.04%
2016-12-31 CN¥4.25 Billion +9.90%
2015-12-31 CN¥3.86 Billion +389.04%
2014-12-31 CN¥790.26 Million +6.76%
2013-12-31 CN¥740.19 Million +10.10%
2012-12-31 CN¥672.29 Million -0.86%
2011-12-31 CN¥678.14 Million -0.94%
2010-12-31 CN¥684.58 Million +1.05%
2009-12-31 CN¥677.49 Million +6.32%
2008-12-31 CN¥637.20 Million +0.75%
2007-12-31 CN¥632.45 Million +7.22%
2006-12-31 CN¥589.88 Million -0.11%
2005-12-31 CN¥590.52 Million +3.17%
2004-12-31 CN¥572.39 Million +81.84%
2003-12-31 CN¥314.77 Million +16.22%
2002-12-31 CN¥270.83 Million +17.46%
2001-12-31 CN¥230.57 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhewen Interactive Group 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 decreased by 500.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.49 Billion 29.17%
Other Components CN¥3.93 Billion 77.09%
Total Equity CN¥5.10 Billion 100.00%

Zhewen Interactive Group Co Ltd Competitors by Market Cap

The table below lists competitors of Zhewen Interactive Group Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhewen Interactive Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,064,346,091 to 5,098,285,843, a change of 33,939,752 (0.7%).
  • Net income of 157,769,456 contributed positively to equity growth.
  • Dividend payments of 113,252,776 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥157.77 Million +3.09%
Dividends Paid CN¥113.25 Million -2.22%
Other Changes CN¥-10.58 Million -0.21%
Total Change CN¥- 0.67%

Book Value vs Market Value Analysis

This analysis compares Zhewen Interactive Group 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: 2.91x
  • 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 20.87x to 2.91x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CN¥0.50 CN¥10.33 x
2002-12-31 CN¥0.57 CN¥10.33 x
2003-12-31 CN¥0.65 CN¥10.33 x
2004-12-31 CN¥1.24 CN¥10.33 x
2005-12-31 CN¥1.28 CN¥10.33 x
2006-12-31 CN¥1.41 CN¥10.33 x
2007-12-31 CN¥1.33 CN¥10.33 x
2008-12-31 CN¥1.14 CN¥10.33 x
2009-12-31 CN¥1.31 CN¥10.33 x
2010-12-31 CN¥1.52 CN¥10.33 x
2011-12-31 CN¥1.46 CN¥10.33 x
2012-12-31 CN¥1.44 CN¥10.33 x
2013-12-31 CN¥1.55 CN¥10.33 x
2014-12-31 CN¥1.63 CN¥10.33 x
2015-12-31 CN¥5.37 CN¥10.33 x
2016-12-31 CN¥3.41 CN¥10.33 x
2017-12-31 CN¥6.53 CN¥10.33 x
2018-12-31 CN¥4.67 CN¥10.33 x
2019-12-31 CN¥2.67 CN¥10.33 x
2020-12-31 CN¥2.75 CN¥10.33 x
2021-12-31 CN¥2.98 CN¥10.33 x
2022-12-31 CN¥3.05 CN¥10.33 x
2023-12-31 CN¥3.69 CN¥10.33 x
2024-12-31 CN¥3.55 CN¥10.33 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhewen Interactive Group 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): 3.09%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.05%
  • • Asset Turnover: 0.93x
  • • Equity Multiplier: 1.63x
  • Recent ROE (3.09%) is above the historical average (2.57%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 23.14% 12.89% 0.85x 2.11x CN¥27.94 Million
2002 13.38% 7.41% 0.83x 2.18x CN¥8.31 Million
2003 13.37% 7.61% 0.71x 2.46x CN¥9.45 Million
2004 5.29% 5.09% 0.42x 2.48x CN¥-25.17 Million
2005 2.85% 2.90% 0.31x 3.14x CN¥-39.36 Million
2006 1.10% 1.23% 0.29x 3.06x CN¥-49.74 Million
2007 1.35% 1.22% 0.36x 3.04x CN¥-51.46 Million
2008 -2.51% -3.06% 0.28x 2.91x CN¥-72.60 Million
2009 9.24% 8.09% 0.49x 2.34x CN¥-4.80 Million
2010 1.88% 1.29% 0.48x 3.06x CN¥-51.95 Million
2011 3.92% 2.08% 0.52x 3.61x CN¥-40.49 Million
2012 2.97% 1.35% 0.54x 4.07x CN¥-48.28 Million
2013 5.52% 4.32% 0.22x 5.82x CN¥-31.80 Million
2014 7.01% 4.80% 0.24x 6.08x CN¥-22.79 Million
2015 3.06% 4.85% 0.27x 2.32x CN¥-265.93 Million
2016 9.85% 5.92% 0.86x 1.93x CN¥-6.52 Million
2017 7.66% 4.89% 0.89x 1.76x CN¥-141.72 Million
2018 4.28% 1.85% 1.38x 1.68x CN¥-351.11 Million
2019 -70.75% -13.29% 2.28x 2.33x CN¥-2.86 Billion
2020 2.59% 1.02% 1.32x 1.92x CN¥-270.00 Million
2021 7.47% 2.06% 1.87x 1.94x CN¥-99.79 Million
2022 2.02% 0.55% 2.03x 1.80x CN¥-322.21 Million
2023 3.80% 1.78% 1.29x 1.66x CN¥-314.23 Million
2024 3.09% 2.05% 0.93x 1.63x CN¥-352.06 Million

Industry Comparison

This section compares Zhewen Interactive Group Co Ltd's net assets metrics with peer companies in the Advertising Agencies industry.

Industry Context

  • Industry: Advertising Agencies
  • Average net assets among peers: $1,004,333,883
  • Average return on equity (ROE) among peers: 61.18%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhewen Interactive Group Co Ltd (600986) CN¥5.28 Billion 23.14% 0.82x $1.63 Billion
Genimous Technology Co Ltd (000676) $14.87 Million 0.00% 0.30x $1.04 Billion
Hunan TV & Broadcast Intermediary Co Ltd (000917) $755.42 Million 8.03% 0.57x $1.52 Billion
Focus Media Information Technology Co Ltd (002027) $495.40 Million 487.45% 0.19x $9.18 Billion
NanJi ECommerce Co Ltd (002127) $153.93 Million 4.67% 3.70x $589.83 Million
Leo Group Co Ltd (002131) $562.88 Million 17.30% 0.33x $5.52 Billion
Foshan Saturday Shoes Co Ltd (002291) $1.46 Billion 6.86% 0.23x $687.03 Million
Guangdong Advertising Co Ltd (002400) $5.47 Billion 11.17% 0.91x $1.68 Billion
Simei Media Co Ltd (002712) $831.91 Million 8.51% 0.43x $249.94 Million
Beijing Yuanlong Yato Culture Dissemination Co Ltd (002878) $240.85 Million 20.86% 1.01x $311.73 Million
Beijing Quanshi World Online Net (002995) $53.09 Million 46.94% 1.74x $338.80 Million