Guizhou Broadcasting&TV Info

SHG:600996 China Broadcasting
Market Cap
$1.38 Billion
CN¥10.14 Billion CNY
Market Cap Rank
#9178 Global
#1846 in China
Share Price
CN¥8.13
Change (1 day)
+0.37%
52-Week Range
CN¥7.79 - CN¥12.60
All Time High
CN¥19.68
Categories
Companies in China Broadcasting
About

Guizhou BC&TV Information Network CO.,LTD operates and constructs radio and television network in China. The company is involved in cable TV network construction; and broadband network, smart radio, radio and television 5G, and cultural tourism and technology business businesses. It also provides cable TV program live audio-visual, program content landing transmission, network installation and da… Read more

Guizhou Broadcasting&TV Info (600996) - Net Assets

Latest net assets as of September 2025: CN¥2.94 Billion CNY

Based on the latest financial reports, Guizhou Broadcasting&TV Info (600996) has net assets worth CN¥2.94 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¥15.18 Billion) and total liabilities (CN¥12.24 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¥2.94 Billion
% of Total Assets 19.38%
Annual Growth Rate 13.91%
5-Year Change -22.31%
10-Year Change 114.74%
Growth Volatility 38.96

Guizhou Broadcasting&TV Info - Net Assets Trend (2012–2024)

This chart illustrates how Guizhou Broadcasting&TV Info's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Guizhou Broadcasting&TV Info (2012–2024)

The table below shows the annual net assets of Guizhou Broadcasting&TV Info from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.61 Billion -22.14%
2023-12-31 CN¥4.64 Billion -21.15%
2022-12-31 CN¥5.88 Billion +27.07%
2021-12-31 CN¥4.63 Billion -0.41%
2020-12-31 CN¥4.65 Billion -3.28%
2019-12-31 CN¥4.80 Billion +8.43%
2018-12-31 CN¥4.43 Billion +4.14%
2017-12-31 CN¥4.25 Billion +8.38%
2016-12-31 CN¥3.92 Billion +133.51%
2015-12-31 CN¥1.68 Billion +29.73%
2014-12-31 CN¥1.30 Billion +33.85%
2013-12-31 CN¥967.94 Million +27.94%
2012-12-31 CN¥756.58 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guizhou Broadcasting&TV Info'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 137444053180.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.22 Billion 40.98%
Other Comprehensive Income CN¥256.33 Million 8.58%
Other Components CN¥2.96 Billion 99.03%
Total Equity CN¥2.99 Billion 100.00%

Guizhou Broadcasting&TV Info Competitors by Market Cap

The table below lists competitors of Guizhou Broadcasting&TV Info ranked by their market capitalization.

Company Market Cap
Techno Electric & Engineering Company Limited
NSE:TECHNOE
 		$631.31 Million
Fertilizers and Chemicals Travancore Limited
NSE:FACT
 		$631.43 Million
Jiangsu Hengshun Vinegar-Industry Co Ltd
SHG:600305
 		$631.51 Million
Nufarm Limited
PINK:NUFMF
 		$631.57 Million
Schrödinger, Inc.
F:43Z
 		$631.00 Million
Suzhou TZTEK Technology Co Ltd
SHG:688003
 		$630.67 Million
XiAn Tian He Defense Technology Co Ltd
SHE:300397
 		$630.65 Million
Chenguang Biotech Group
SHE:300138
 		$630.55 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guizhou Broadcasting&TV Info's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,972,572,669 to 2,986,703,298, a change of -985,869,371 (-24.8%).
  • Net loss of 1,084,247,000 reduced equity.
  • Dividend payments of 303,127,381 reduced retained earnings.
  • Other comprehensive income increased equity by 256,325,292.
  • Other factors increased equity by 145,179,718.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-1.08 Billion -36.3%
Dividends Paid CN¥303.13 Million -10.15%
Other Comprehensive Income CN¥256.33 Million +8.58%
Other Changes CN¥145.18 Million +4.86%
Total Change CN¥- -24.82%

Book Value vs Market Value Analysis

This analysis compares Guizhou Broadcasting&TV Info'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: 3.32x
  • 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 decreased from 8.55x to 3.32x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CN¥0.95 CN¥8.13 x
2013-12-31 CN¥1.15 CN¥8.13 x
2014-12-31 CN¥1.55 CN¥8.13 x
2015-12-31 CN¥2.02 CN¥8.13 x
2016-12-31 CN¥4.65 CN¥8.13 x
2017-12-31 CN¥4.00 CN¥8.13 x
2018-12-31 CN¥4.21 CN¥8.13 x
2019-12-31 CN¥4.48 CN¥8.13 x
2020-12-31 CN¥4.33 CN¥8.13 x
2021-12-31 CN¥3.91 CN¥8.13 x
2022-12-31 CN¥4.76 CN¥8.13 x
2023-12-31 CN¥3.30 CN¥8.13 x
2024-12-31 CN¥2.45 CN¥8.13 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guizhou Broadcasting&TV Info 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): -36.30%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -67.92%
  • • Asset Turnover: 0.10x
  • • Equity Multiplier: 5.37x
  • Recent ROE (-36.30%) is below the historical average (2.50%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 7.36% 4.82% 0.36x 4.20x CN¥-19.98 Million
2013 22.64% 14.89% 0.50x 3.07x CN¥122.33 Million
2014 27.08% 20.06% 0.55x 2.45x CN¥221.27 Million
2015 24.79% 19.76% 0.59x 2.14x CN¥247.81 Million
2016 11.43% 19.35% 0.35x 1.71x CN¥55.37 Million
2017 10.51% 17.17% 0.30x 2.03x CN¥21.54 Million
2018 7.12% 9.65% 0.26x 2.86x CN¥-125.98 Million
2019 4.55% 6.28% 0.23x 3.20x CN¥-257.10 Million
2020 -1.22% -1.60% 0.22x 3.55x CN¥-511.01 Million
2021 -10.84% -15.99% 0.16x 4.36x CN¥-855.97 Million
2022 0.21% 0.31% 0.21x 3.39x CN¥-520.36 Million
2023 -34.86% -74.76% 0.11x 4.36x CN¥-1.78 Billion
2024 -36.30% -67.92% 0.10x 5.37x CN¥-1.38 Billion

Industry Comparison

This section compares Guizhou Broadcasting&TV Info's net assets metrics with peer companies in the Broadcasting industry.

Industry Context

  • Industry: Broadcasting
  • Average net assets among peers: $4,646,482,720
  • Average return on equity (ROE) among peers: -1.92%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guizhou Broadcasting&TV Info (600996) CN¥2.94 Billion 7.36% 4.16x $631.31 Million
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
Jiangsu Broadcasting Cable inf (600959) $7.43 Billion 5.16% 0.30x $1.20 Billion
TVZone Media Co Ltd (603721) $537.37 Million 5.10% 0.16x $181.02 Million