Zhewen Interactive Group Co Ltd (600986) - Net Assets
Based on the latest financial reports, Zhewen Interactive Group Co Ltd (600986) has net assets worth CN¥5.28 Billion CNY (≈ $772.64 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¥9.60 Billion ≈ $1.40 Billion USD) and total liabilities (CN¥4.32 Billion ≈ $632.03 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 financial resilience of Zhewen Interactive Group Co Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore Zhewen Interactive Group Co Ltd assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Zhewen Interactive Group Co Ltd (600986) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.10 Billion ≈ $746.63 Million |
+0.65% |
| 2023-12-31 | CN¥5.07 Billion ≈ $741.79 Million |
+22.71% |
| 2022-12-31 | CN¥4.13 Billion ≈ $604.53 Million |
+2.21% |
| 2021-12-31 | CN¥4.04 Billion ≈ $591.44 Million |
+7.92% |
| 2020-12-31 | CN¥3.75 Billion ≈ $548.05 Million |
+2.83% |
| 2019-12-31 | CN¥3.64 Billion ≈ $532.98 Million |
-41.76% |
| 2018-12-31 | CN¥6.25 Billion ≈ $915.11 Million |
+1.51% |
| 2017-12-31 | CN¥6.16 Billion ≈ $901.49 Million |
+45.04% |
| 2016-12-31 | CN¥4.25 Billion ≈ $621.53 Million |
+9.90% |
| 2015-12-31 | CN¥3.86 Billion ≈ $565.53 Million |
+389.04% |
| 2014-12-31 | CN¥790.26 Million ≈ $115.64 Million |
+6.76% |
| 2013-12-31 | CN¥740.19 Million ≈ $108.31 Million |
+10.10% |
| 2012-12-31 | CN¥672.29 Million ≈ $98.38 Million |
-0.86% |
| 2011-12-31 | CN¥678.14 Million ≈ $99.23 Million |
-0.94% |
| 2010-12-31 | CN¥684.58 Million ≈ $100.17 Million |
+1.05% |
| 2009-12-31 | CN¥677.49 Million ≈ $99.14 Million |
+6.32% |
| 2008-12-31 | CN¥637.20 Million ≈ $93.24 Million |
+0.75% |
| 2007-12-31 | CN¥632.45 Million ≈ $92.55 Million |
+7.22% |
| 2006-12-31 | CN¥589.88 Million ≈ $86.32 Million |
-0.11% |
| 2005-12-31 | CN¥590.52 Million ≈ $86.41 Million |
+3.17% |
| 2004-12-31 | CN¥572.39 Million ≈ $83.76 Million |
+81.84% |
| 2003-12-31 | CN¥314.77 Million ≈ $46.06 Million |
+16.22% |
| 2002-12-31 | CN¥270.83 Million ≈ $39.63 Million |
+17.46% |
| 2001-12-31 | CN¥230.57 Million ≈ $33.74 Million |
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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.
| Company | Market Cap |
|---|---|
|
Dorma Kaba Holding AG
SW:DOKA
|
$2.17 Billion |
|
Zhongrun Resources Investment
SHE:000506
|
$2.18 Billion |
|
ZIP Co Ltd
AU:ZIP
|
$2.18 Billion |
|
Enterprise Financial Services
NASDAQ:EFSC
|
$2.18 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
$2.17 Billion |
|
Xiamen Voke Mold & Plastic Engineering Co. Ltd.
SHE:301196
|
$2.17 Billion |
|
ADAMA Ltd
SHE:000553
|
$2.17 Billion |
|
Par Pacific Holdings Inc
NYSE:PARR
|
$2.17 Billion |
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: 2.81x
- 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 20.18x to 2.81x 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¥9.99 | x |
| 2002-12-31 | CN¥0.57 | CN¥9.99 | x |
| 2003-12-31 | CN¥0.65 | CN¥9.99 | x |
| 2004-12-31 | CN¥1.24 | CN¥9.99 | x |
| 2005-12-31 | CN¥1.28 | CN¥9.99 | x |
| 2006-12-31 | CN¥1.41 | CN¥9.99 | x |
| 2007-12-31 | CN¥1.33 | CN¥9.99 | x |
| 2008-12-31 | CN¥1.14 | CN¥9.99 | x |
| 2009-12-31 | CN¥1.31 | CN¥9.99 | x |
| 2010-12-31 | CN¥1.52 | CN¥9.99 | x |
| 2011-12-31 | CN¥1.46 | CN¥9.99 | x |
| 2012-12-31 | CN¥1.44 | CN¥9.99 | x |
| 2013-12-31 | CN¥1.55 | CN¥9.99 | x |
| 2014-12-31 | CN¥1.63 | CN¥9.99 | x |
| 2015-12-31 | CN¥5.37 | CN¥9.99 | x |
| 2016-12-31 | CN¥3.41 | CN¥9.99 | x |
| 2017-12-31 | CN¥6.53 | CN¥9.99 | x |
| 2018-12-31 | CN¥4.67 | CN¥9.99 | x |
| 2019-12-31 | CN¥2.67 | CN¥9.99 | x |
| 2020-12-31 | CN¥2.75 | CN¥9.99 | x |
| 2021-12-31 | CN¥2.98 | CN¥9.99 | x |
| 2022-12-31 | CN¥3.05 | CN¥9.99 | x |
| 2023-12-31 | CN¥3.69 | CN¥9.99 | x |
| 2024-12-31 | CN¥3.55 | CN¥9.99 | 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: $1,106,000,778
- Average return on equity (ROE) among peers: -0.90%
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 | $2.17 Billion |
| Genimous Technology Co Ltd (000676) | $213.12 Million | 10.08% | 0.52x | $1.36 Billion |
| Hunan TV & Broadcast Intermediary Co Ltd (000917) | $2.53 Billion | 1.59% | 0.93x | $1.81 Billion |
| Focus Media Information Technology Co Ltd (002027) | $102.96 Million | 19.41% | 0.83x | $13.29 Billion |
| NanJi ECommerce Co Ltd (002127) | $1.02 Billion | -17.49% | 2.97x | $1.09 Billion |
| Leo Group Co Ltd (002131) | $413.05 Million | 11.59% | 0.56x | $6.39 Billion |
| Foshan Saturday Shoes Co Ltd (002291) | $1.82 Billion | 1.24% | 0.66x | $917.23 Million |
| Guangdong Advertising Co Ltd (002400) | $1.02 Billion | 6.65% | 0.70x | $2.29 Billion |
| Simei Media Co Ltd (002712) | $1.58 Billion | -25.92% | 0.52x | $444.42 Million |
| Beijing Yuanlong Yato Culture Dissemination Co Ltd (002878) | $1.36 Billion | -13.57% | 0.78x | $749.50 Million |
| Beijing Quanshi World Online Net (002995) | $1.00 Billion | -2.61% | 0.29x | $581.66 Million |
About Zhewen Interactive Group Co Ltd
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