Shandong Publishing & Media Net Assets
Shandong Publishing & Media net assets. Based on the latest financial reports, Shandong Publishing & Media (601019) has net assets worth CN¥15.54 Billion CNY (≈ $2.27 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥21.53 Billion ≈ $3.15 Billion USD) and total liabilities (CN¥5.99 Billion ≈ $876.79 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. Also explore how fast is Shandong Publishing & Media growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥15.54 Billion |
| % of Total Assets | 72.17% |
| Annual Growth Rate | 18.05% |
| 5-Year Change | 24.14% |
| 10-Year Change | 201.78% |
| Growth Volatility | 21.71 |
Net Assets of Shandong Publishing & Media (2012–2025)
Net assets of Shandong Publishing & Media from 2012 to 2025. This chart illustrates how Shandong Publishing & Media's net assets have evolved over time, based on quarterly financial data. See how leveraged is Shandong Publishing & Media's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Shandong Publishing & Media (2012–2025)
The table below shows the annual net assets of Shandong Publishing & Media from 2012 to 2025. For live market cap and overall valuation, see market value of Shandong Publishing & Media.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥15.37 Billion ≈ $2.25 Billion |
+3.00% |
| 2024-12-31 | CN¥14.93 Billion ≈ $2.18 Billion |
+0.43% |
| 2023-12-31 | CN¥14.86 Billion ≈ $2.17 Billion |
+11.24% |
| 2022-12-31 | CN¥13.36 Billion ≈ $1.96 Billion |
+7.88% |
| 2021-12-31 | CN¥12.39 Billion ≈ $1.81 Billion |
+7.64% |
| 2020-12-31 | CN¥11.51 Billion ≈ $1.68 Billion |
+6.96% |
| 2019-12-31 | CN¥10.76 Billion ≈ $1.57 Billion |
+11.46% |
| 2018-12-31 | CN¥9.65 Billion ≈ $1.41 Billion |
+10.87% |
| 2017-12-31 | CN¥8.71 Billion ≈ $1.27 Billion |
+70.87% |
| 2016-12-31 | CN¥5.09 Billion ≈ $745.51 Million |
+15.60% |
| 2015-12-31 | CN¥4.41 Billion ≈ $644.92 Million |
+17.15% |
| 2014-12-31 | CN¥3.76 Billion ≈ $550.48 Million |
+27.75% |
| 2013-12-31 | CN¥2.94 Billion ≈ $430.89 Million |
+65.57% |
| 2012-12-31 | CN¥1.78 Billion ≈ $260.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shandong Publishing & Media'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 grown by 1913.3% over the analyzed period, indicating profitable operations and earnings retention.
Shandong Publishing & Media Net Assets Breakdown (December 2025)
Shandong Publishing & Media net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥10.01 Billion | 65.07% |
| Other Components | CN¥5.37 Billion | 34.93% |
| Total Equity | CN¥15.38 Billion | 100.00% |
Shandong Publishing & Media Competitors by Market Cap
The table below lists competitors of Shandong Publishing & Media ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dana Inc
NYSE:DAN
|
$2.36 Billion |
|
Kalmar
HE:KALMAR
|
$2.36 Billion |
|
PT Petrindo Jaya Kreasi Tbk
JK:CUAN
|
$2.36 Billion |
|
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
|
$2.36 Billion |
|
Terna Energy Societe Anonyme Commercial Technical Company
AT:TENERGY
|
$2.35 Billion |
|
Universal Microwave Technology
TWO:3491
|
$2.35 Billion |
|
Com7 PCL
BK:COM7
|
$2.35 Billion |
|
BRP Inc.
NASDAQ:DOO
|
$2.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Publishing & Media's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,932,523,259 to 15,384,584,560, a change of 452,061,301 (3.0%).
- Net income of 1,173,941,035 contributed positively to equity growth.
- Dividend payments of 773,487,713 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.17 Billion | +7.63% |
| Dividends Paid | CN¥773.49 Million | -5.03% |
| Other Changes | CN¥51.61 Million | +0.34% |
| Total Change | CN¥- | 3.03% |
Book Value vs Market Value Analysis
This analysis compares Shandong Publishing & Media'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: 1.05x
- 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 5.32x to 1.05x 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¥1.45 | CN¥7.71 | x |
| 2013-12-31 | CN¥1.68 | CN¥7.71 | x |
| 2014-12-31 | CN¥2.05 | CN¥7.71 | x |
| 2015-12-31 | CN¥2.42 | CN¥7.71 | x |
| 2016-12-31 | CN¥2.82 | CN¥7.71 | x |
| 2017-12-31 | CN¥4.72 | CN¥7.71 | x |
| 2018-12-31 | CN¥4.62 | CN¥7.71 | x |
| 2019-12-31 | CN¥5.16 | CN¥7.71 | x |
| 2020-12-31 | CN¥5.50 | CN¥7.71 | x |
| 2021-12-31 | CN¥5.89 | CN¥7.71 | x |
| 2022-12-31 | CN¥6.44 | CN¥7.71 | x |
| 2023-12-31 | CN¥7.13 | CN¥7.71 | x |
| 2024-12-31 | CN¥7.17 | CN¥7.71 | x |
| 2025-12-31 | CN¥7.37 | CN¥7.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Publishing & Media 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): 7.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.50%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.44x
- Recent ROE (7.63%) is below the historical average (16.84%), 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 | 28.32% | 9.05% | 0.76x | 4.09x | CN¥325.46 Million |
| 2013 | 24.96% | 9.94% | 0.79x | 3.20x | CN¥439.89 Million |
| 2014 | 24.91% | 12.52% | 0.81x | 2.44x | CN¥560.87 Million |
| 2015 | 22.34% | 12.70% | 0.79x | 2.21x | CN¥543.57 Million |
| 2016 | 20.58% | 13.04% | 0.81x | 1.95x | CN¥538.33 Million |
| 2017 | 15.68% | 15.33% | 0.67x | 1.54x | CN¥494.53 Million |
| 2018 | 15.37% | 15.88% | 0.64x | 1.51x | CN¥519.06 Million |
| 2019 | 14.35% | 15.81% | 0.60x | 1.50x | CN¥468.08 Million |
| 2020 | 12.17% | 14.38% | 0.55x | 1.53x | CN¥250.23 Million |
| 2021 | 12.39% | 14.07% | 0.56x | 1.59x | CN¥295.67 Million |
| 2022 | 12.58% | 14.98% | 0.55x | 1.54x | CN¥344.37 Million |
| 2023 | 15.98% | 19.55% | 0.53x | 1.54x | CN¥889.31 Million |
| 2024 | 8.51% | 10.84% | 0.54x | 1.46x | CN¥-223.23 Million |
| 2025 | 7.63% | 10.50% | 0.50x | 1.44x | CN¥-364.52 Million |
Industry Comparison
This section compares Shandong Publishing & Media's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $1,141,322,951
- Average return on equity (ROE) among peers: 5.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Publishing & Media (601019) | CN¥15.54 Billion | 28.32% | 0.39x | $2.35 Billion |
| Huamei Holding (000607) | $646.38 Million | 8.21% | 0.73x | $583.77 Million |
| Central China Land Media Co Ltd (000719) | $283.31 Million | 2.87% | 1.78x | $2.11 Billion |
| Guangdong Guangzhou Daily Media Co Ltd (002181) | $598.44 Million | 8.94% | 0.26x | $1.91 Billion |
| Tangel Publishing (300148) | $1.11 Billion | -5.41% | 0.33x | $473.57 Million |
| COL Digital Publishing Group Co Ltd (300364) | $1.46 Billion | 3.35% | 0.37x | $2.79 Billion |
| Citic Press Corp (300788) | $2.09 Billion | 5.56% | 0.59x | $934.92 Million |
| Dook Media Group Limited (301025) | $621.12 Million | 1.41% | 0.14x | $588.12 Million |
| GUOMAI Culture & Media Co. Ltd. (301052) | $391.09 Million | 10.46% | 0.30x | $588.50 Million |
| Ronshin Group A (301231) | $925.38 Million | 2.53% | 0.09x | $382.12 Million |
| Qingdao Citymedia Co Ltd (600229) | $3.29 Billion | 12.41% | 0.35x | $620.70 Million |
About Shandong Publishing & Media
Shandong Publishing&Media Co.,Ltd, together with its subsidiaries, engages in the publication of textbooks and supplementary materials, general books, periodicals, electronic audio-visual products, and digital products in China. The company publishes and distributes teaching materials and teaching aids, general books, audio-visual products, etc. It also engages in the procurement and sale of pape… Read more