China South Publishing & Media Group Co Ltd
China South Publishing & Media Group Co., Ltd, together with its subsidiaries, engages in the publishing, printing, distribution, media, and financing businesses in China. The company offers publishing products, including general and textbooks; and prints publications, newspapers, packages, bills and receipts, anti-counterfeit, digital and imposition products, etc., as well as distributes publica… Read more
China South Publishing & Media Group Co Ltd (601098) - Net Assets
Latest net assets as of September 2025: CN¥17.21 Billion CNY
Based on the latest financial reports, China South Publishing & Media Group Co Ltd (601098) has net assets worth CN¥17.21 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¥26.71 Billion) and total liabilities (CN¥9.50 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¥17.21 Billion |
| % of Total Assets | 64.45% |
| Annual Growth Rate | 14.98% |
| 5-Year Change | 10.58% |
| 10-Year Change | 36.31% |
| Growth Volatility | 39.01 |
China South Publishing & Media Group Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how China South Publishing & Media Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China South Publishing & Media Group Co Ltd (2008–2024)
The table below shows the annual net assets of China South Publishing & Media Group Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥16.37 Billion | +1.05% |
| 2023-12-31 | CN¥16.20 Billion | +4.97% |
| 2022-12-31 | CN¥15.44 Billion | +0.99% |
| 2021-12-31 | CN¥15.29 Billion | +3.24% |
| 2020-12-31 | CN¥14.81 Billion | +2.45% |
| 2019-12-31 | CN¥14.45 Billion | +1.96% |
| 2018-12-31 | CN¥14.17 Billion | +1.74% |
| 2017-12-31 | CN¥13.93 Billion | +4.75% |
| 2016-12-31 | CN¥13.30 Billion | +10.73% |
| 2015-12-31 | CN¥12.01 Billion | +9.97% |
| 2014-12-31 | CN¥10.92 Billion | +15.22% |
| 2013-12-31 | CN¥9.48 Billion | +9.79% |
| 2012-12-31 | CN¥8.63 Billion | +8.79% |
| 2011-12-31 | CN¥7.94 Billion | +12.04% |
| 2010-12-31 | CN¥7.08 Billion | +162.45% |
| 2009-12-31 | CN¥2.70 Billion | +53.86% |
| 2008-12-31 | CN¥1.75 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China South Publishing & Media 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 grown by 756165555595.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥7.55 Billion | 48.43% |
| Common Stock | CN¥1.80 Billion | 11.53% |
| Other Comprehensive Income | CN¥1.83 Billion | 11.74% |
| Other Components | CN¥4.41 Billion | 28.30% |
| Total Equity | CN¥15.58 Billion | 100.00% |
China South Publishing & Media Group Co Ltd Competitors by Market Cap
The table below lists competitors of China South Publishing & Media Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oscotec Inc
KQ:039200
|
$962.14 Million |
|
Xiamen Wanli Stone Stock Co Ltd
SHE:002785
|
$962.20 Million |
|
Nabors Industries Ltd
NYSE:NBR
|
$962.51 Million |
|
Kent Gida Maddeleri Sanayi ve Ticaret AS
IS:KENT
|
$962.56 Million |
|
Nordic American Tankers Limited
NYSE:NAT
|
$961.35 Million |
|
Seers Technology
KQ:458870
|
$961.26 Million |
|
PROG HOLDINGS A DL-50
F:AZD
|
$960.90 Million |
|
Bangchak Corporation Public Company Limited
BK:BCP
|
$960.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China South Publishing & Media Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,415,673,065 to 15,580,673,812, a change of 165,000,747 (1.1%).
- Net income of 1,370,207,362 contributed positively to equity growth.
- Dividend payments of 1,167,400,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,829,353,052.
- Other factors decreased equity by 1,867,159,667.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.37 Billion | +8.79% |
| Dividends Paid | CN¥1.17 Billion | -7.49% |
| Other Comprehensive Income | CN¥1.83 Billion | +11.74% |
| Other Changes | CN¥-1.87 Billion | -11.98% |
| Total Change | CN¥- | 1.07% |
Book Value vs Market Value Analysis
This analysis compares China South Publishing & Media 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: 1.29x
- 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 7.62x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥1.46 | CN¥11.13 | x |
| 2009-12-31 | CN¥2.06 | CN¥11.13 | x |
| 2010-12-31 | CN¥4.86 | CN¥11.13 | x |
| 2011-12-31 | CN¥4.34 | CN¥11.13 | x |
| 2012-12-31 | CN¥4.67 | CN¥11.13 | x |
| 2013-12-31 | CN¥5.15 | CN¥11.13 | x |
| 2014-12-31 | CN¥5.77 | CN¥11.13 | x |
| 2015-12-31 | CN¥6.35 | CN¥11.13 | x |
| 2016-12-31 | CN¥7.05 | CN¥11.13 | x |
| 2017-12-31 | CN¥7.39 | CN¥11.13 | x |
| 2018-12-31 | CN¥7.51 | CN¥11.13 | x |
| 2019-12-31 | CN¥7.61 | CN¥11.13 | x |
| 2020-12-31 | CN¥7.79 | CN¥11.13 | x |
| 2021-12-31 | CN¥8.02 | CN¥11.13 | x |
| 2022-12-31 | CN¥8.15 | CN¥11.13 | x |
| 2023-12-31 | CN¥8.56 | CN¥11.13 | x |
| 2024-12-31 | CN¥8.64 | CN¥11.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China South Publishing & Media 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): 8.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.26%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.75x
- Recent ROE (8.79%) is below the historical average (12.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 21.23% | 10.53% | 0.70x | 2.89x | CN¥195.42 Million |
| 2009 | 17.93% | 11.84% | 0.72x | 2.10x | CN¥212.16 Million |
| 2010 | 8.44% | 12.47% | 0.49x | 1.38x | CN¥-109.35 Million |
| 2011 | 10.38% | 13.86% | 0.53x | 1.41x | CN¥29.13 Million |
| 2012 | 11.12% | 13.57% | 0.58x | 1.40x | CN¥94.96 Million |
| 2013 | 12.04% | 13.83% | 0.62x | 1.41x | CN¥187.94 Million |
| 2014 | 14.21% | 16.25% | 0.60x | 1.46x | CN¥435.28 Million |
| 2015 | 14.81% | 16.81% | 0.60x | 1.46x | CN¥550.29 Million |
| 2016 | 14.17% | 16.25% | 0.60x | 1.46x | CN¥531.53 Million |
| 2017 | 11.37% | 14.61% | 0.53x | 1.48x | CN¥182.04 Million |
| 2018 | 9.19% | 12.93% | 0.47x | 1.50x | CN¥-109.69 Million |
| 2019 | 9.33% | 12.43% | 0.47x | 1.60x | CN¥-91.26 Million |
| 2020 | 10.35% | 13.82% | 0.45x | 1.65x | CN¥48.44 Million |
| 2021 | 10.52% | 13.37% | 0.47x | 1.67x | CN¥75.35 Million |
| 2022 | 9.56% | 11.23% | 0.50x | 1.69x | CN¥-64.34 Million |
| 2023 | 12.03% | 13.62% | 0.54x | 1.65x | CN¥313.13 Million |
| 2024 | 8.79% | 10.26% | 0.49x | 1.75x | CN¥-187.86 Million |
Industry Comparison
This section compares China South Publishing & Media Group Co Ltd's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $1,256,922,973
- Average return on equity (ROE) among peers: 9.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China South Publishing & Media Group Co Ltd (601098) | CN¥17.21 Billion | 21.23% | 0.55x | $961.90 Million |
| Huamei Holding (000607) | $473.81 Million | 12.41% | 1.07x | $262.95 Million |
| Central China Land Media Co Ltd (000719) | $281.54 Million | 6.37% | 1.86x | $515.39 Million |
| Guangdong Guangzhou Daily Media Co Ltd (002181) | $3.61 Billion | -1.50% | 0.21x | $559.76 Million |
| Tangel Publishing (300148) | $97.11 Million | 20.83% | 0.22x | $462.22 Million |
| Citic Press Corp (300788) | $334.80 Million | 30.18% | 1.35x | $246.68 Million |
| Dook Media Group Limited (301025) | $609.67 Million | -0.54% | 0.20x | $162.04 Million |
| GUOMAI Culture & Media Co. Ltd. (301052) | $554.07 Million | 10.24% | 0.24x | $318.52 Million |
| Ronshin Group A (301231) | $912.58 Million | 1.09% | 0.05x | $255.34 Million |
| Qingdao Citymedia Co Ltd (600229) | $864.83 Million | 7.49% | 0.78x | $207.35 Million |
| Time Publishing and Media Co Ltd Class A (600551) | $4.84 Billion | 6.21% | 0.39x | $251.53 Million |