Guizhou Broadcasting&TV Info (600996) - Net Assets
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. Check 600996 financial resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Guizhou Broadcasting&TV Info total assets for the complete picture of this company's asset 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 Guizhou Broadcasting&TV Info market cap and net 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 |
|---|---|
|
SonoScape Medical Corp
SHE:300633
|
$1.54 Billion |
|
Serena Energia S.A.
SA:SRNA3
|
$1.54 Billion |
|
Swan Energy Limited
NSE:SWANENERGY
|
$1.54 Billion |
|
GUARANTY TR.HLDG.GDR REGS
F:9JO
|
$1.54 Billion |
|
Sakura Development Co Ltd
TW:2539
|
$1.54 Billion |
|
Foreign Trade Bank of Latin America Inc
NYSE:BLX
|
$1.54 Billion |
|
Hainan Development Holdings Nanhai Co Ltd
SHE:002163
|
$1.54 Billion |
|
Shenzhen Injoinic Technology Co. Ltd. A
SHG:688209
|
$1.54 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: 3.45x
- 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 8.88x to 3.45x 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¥8.45 | x |
| 2013-12-31 | CN¥1.15 | CN¥8.45 | x |
| 2014-12-31 | CN¥1.55 | CN¥8.45 | x |
| 2015-12-31 | CN¥2.02 | CN¥8.45 | x |
| 2016-12-31 | CN¥4.65 | CN¥8.45 | x |
| 2017-12-31 | CN¥4.00 | CN¥8.45 | x |
| 2018-12-31 | CN¥4.21 | CN¥8.45 | x |
| 2019-12-31 | CN¥4.48 | CN¥8.45 | x |
| 2020-12-31 | CN¥4.33 | CN¥8.45 | x |
| 2021-12-31 | CN¥3.91 | CN¥8.45 | x |
| 2022-12-31 | CN¥4.76 | CN¥8.45 | x |
| 2023-12-31 | CN¥3.30 | CN¥8.45 | x |
| 2024-12-31 | CN¥2.45 | CN¥8.45 | 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: $4,321,230,930
- Average return on equity (ROE) among peers: 6.74%
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 | $1.54 Billion |
| Hubei Radio and Television Information Network Co Ltd (000665) | $167.52 Million | 13.67% | 2.53x | $797.06 Million |
| H&R Century Union Corp (000892) | $2.67 Billion | 9.91% | 0.24x | $712.00 Million |
| Shenzhen Topway Video Communication Co Ltd (002238) | $2.29 Billion | 7.96% | 0.70x | $858.48 Million |
| Beijing Gehua CATV Network Co Ltd (600037) | $12.83 Billion | -1.34% | 0.24x | $1.63 Billion |
| Jiangsu Broadcasting Cable inf (600959) | $7.43 Billion | 5.16% | 0.30x | $2.84 Billion |
| TVZone Media Co Ltd (603721) | $537.37 Million | 5.10% | 0.16x | $468.54 Million |
About Guizhou Broadcasting&TV Info
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