Guizhou Broadcasting&TV Info (600996) - Net Assets

Latest as of September 2025: CN¥2.94 Billion CNY ≈ $430.60 Million USD

Based on the latest financial reports, Guizhou Broadcasting&TV Info (600996) has net assets worth CN¥2.94 Billion CNY (≈ $430.60 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¥15.18 Billion ≈ $2.22 Billion USD) and total liabilities (CN¥12.24 Billion ≈ $1.79 Billion 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. Also explore 600996 total asset value for the complete picture of this company's asset base.

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. Check 600996 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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. For live valuation and market cap data, see how much is Guizhou Broadcasting&TV Info worth.

Year	Net Assets	Change
2024-12-31	CN¥3.61 Billion ≈ $528.16 Million	-22.14%
2023-12-31	CN¥4.64 Billion ≈ $678.34 Million	-21.15%
2022-12-31	CN¥5.88 Billion ≈ $860.29 Million	+27.07%
2021-12-31	CN¥4.63 Billion ≈ $677.02 Million	-0.41%
2020-12-31	CN¥4.65 Billion ≈ $679.80 Million	-3.28%
2019-12-31	CN¥4.80 Billion ≈ $702.88 Million	+8.43%
2018-12-31	CN¥4.43 Billion ≈ $648.22 Million	+4.14%
2017-12-31	CN¥4.25 Billion ≈ $622.44 Million	+8.38%
2016-12-31	CN¥3.92 Billion ≈ $574.31 Million	+133.51%
2015-12-31	CN¥1.68 Billion ≈ $245.95 Million	+29.73%
2014-12-31	CN¥1.30 Billion ≈ $189.58 Million	+33.85%
2013-12-31	CN¥967.94 Million ≈ $141.64 Million	+27.94%
2012-12-31	CN¥756.58 Million ≈ $110.71 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
WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust BK:WHART	$1.23 Billion
COSMO Pharmaceuticals SA LSE:0RGI	$1.23 Billion
Tourmaline Bio Inc. NASDAQ:TRML	$1.23 Billion
Techno Electric & Engineering Company Limited NSE:TECHNOE	$1.23 Billion
Tessenderlo BR:TESB	$1.23 Billion
Zhuhai Orbita Control Eng SHE:300053	$1.23 Billion
Sinopep-Allsino Biopharmaceutical Co. Ltd. A SHG:688076	$1.23 Billion
Berkshire Hills Bancorp Inc NYSE:BHLB	$1.23 Billion

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: 2.75x
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 7.10x to 2.75x 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¥6.75	x
2013-12-31	CN¥1.15	CN¥6.75	x
2014-12-31	CN¥1.55	CN¥6.75	x
2015-12-31	CN¥2.02	CN¥6.75	x
2016-12-31	CN¥4.65	CN¥6.75	x
2017-12-31	CN¥4.00	CN¥6.75	x
2018-12-31	CN¥4.21	CN¥6.75	x
2019-12-31	CN¥4.48	CN¥6.75	x
2020-12-31	CN¥4.33	CN¥6.75	x
2021-12-31	CN¥3.91	CN¥6.75	x
2022-12-31	CN¥4.76	CN¥6.75	x
2023-12-31	CN¥3.30	CN¥6.75	x
2024-12-31	CN¥2.45	CN¥6.75	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: $2,986,088,473
Average return on equity (ROE) among peers: 12.70%

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	$1.23 Billion
Hubei Radio and Television Information Network Co Ltd (000665)	$5.79 Billion	5.24%	0.40x	$648.96 Million
H&R Century Union Corp (000892)	$669.07 Million	12.65%	1.63x	$529.69 Million
Shenzhen Topway Video Communication Co Ltd (002238)	$2.74 Billion	6.86%	0.39x	$708.16 Million
Beijing Gehua CATV Network Co Ltd (600037)	$328.63 Million	33.23%	0.84x	$1.44 Billion
Jiangsu Broadcasting Cable inf (600959)	$7.84 Billion	6.39%	0.46x	$2.28 Billion
TVZone Media Co Ltd (603721)	$539.98 Million	11.81%	0.21x	$328.53 Million

About Guizhou Broadcasting&TV Info

SHG:600996 China Broadcasting

Market Cap

$1.23 Billion

CN¥8.42 Billion CNY

Market Cap Rank

#7897 Global

#1753 in China

Share Price

CN¥6.75

Change (1 day)

+1.81%

52-Week Range

CN¥5.98 - CN¥12.60

All Time High

CN¥19.68