China South Publishing & Media Group Co Ltd (601098) - Net Assets
Based on the latest financial reports, China South Publishing & Media Group Co Ltd (601098) has net assets worth CN¥17.32 Billion CNY (≈ $2.53 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥26.79 Billion ≈ $3.92 Billion USD) and total liabilities (CN¥9.47 Billion ≈ $1.39 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 China South Publishing & Media Group Co (601098) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥17.32 Billion |
| % of Total Assets | 64.65% |
| Annual Growth Rate | 14.27% |
| 5-Year Change | 10.75% |
| 10-Year Change | 27.28% |
| Growth Volatility | 38.03 |
China South Publishing & Media Group Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how China South Publishing & Media Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See 601098 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for China South Publishing & Media Group Co Ltd (2008–2025)
The table below shows the annual net assets of China South Publishing & Media Group Co Ltd from 2008 to 2025. For live valuation and market cap data, see China South Publishing & Media Group Co market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥16.93 Billion ≈ $2.48 Billion |
+3.39% |
| 2024-12-31 | CN¥16.37 Billion ≈ $2.40 Billion |
+1.05% |
| 2023-12-31 | CN¥16.20 Billion ≈ $2.37 Billion |
+4.97% |
| 2022-12-31 | CN¥15.44 Billion ≈ $2.26 Billion |
+0.99% |
| 2021-12-31 | CN¥15.29 Billion ≈ $2.24 Billion |
+3.24% |
| 2020-12-31 | CN¥14.81 Billion ≈ $2.17 Billion |
+2.45% |
| 2019-12-31 | CN¥14.45 Billion ≈ $2.11 Billion |
+1.96% |
| 2018-12-31 | CN¥14.17 Billion ≈ $2.07 Billion |
+1.74% |
| 2017-12-31 | CN¥13.93 Billion ≈ $2.04 Billion |
+4.75% |
| 2016-12-31 | CN¥13.30 Billion ≈ $1.95 Billion |
+10.73% |
| 2015-12-31 | CN¥12.01 Billion ≈ $1.76 Billion |
+9.97% |
| 2014-12-31 | CN¥10.92 Billion ≈ $1.60 Billion |
+15.22% |
| 2013-12-31 | CN¥9.48 Billion ≈ $1.39 Billion |
+9.79% |
| 2012-12-31 | CN¥8.63 Billion ≈ $1.26 Billion |
+8.79% |
| 2011-12-31 | CN¥7.94 Billion ≈ $1.16 Billion |
+12.04% |
| 2010-12-31 | CN¥7.08 Billion ≈ $1.04 Billion |
+162.45% |
| 2009-12-31 | CN¥2.70 Billion ≈ $395.00 Million |
+53.86% |
| 2008-12-31 | CN¥1.75 Billion ≈ $256.72 Million |
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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 803741405326.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥8.02 Billion | 49.61% |
| Other Components | CN¥8.15 Billion | 50.39% |
| Total Equity | CN¥16.17 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 |
|---|---|
|
Ichor Holdings Ltd
NASDAQ:ICHR
|
$2.79 Billion |
|
Gerdau S.A
SA:GGBR3
|
$2.79 Billion |
|
Migros Ticaret AS
IS:MGROS
|
$2.79 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
$2.79 Billion |
|
Medical Properties Trust Inc
NYSE:MPW
|
$2.78 Billion |
|
Petrokent Turizm AS
IS:PKENT
|
$2.78 Billion |
|
IRB Infrastructure Developers Limited
NSE:IRB
|
$2.78 Billion |
|
Kennametal Inc
NYSE:KMT
|
$2.78 Billion |
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 2024 to 2025, total equity changed from 15,580,673,812 to 16,170,708,870, a change of 590,035,058 (3.8%).
- Net income of 1,594,099,177 contributed positively to equity growth.
- Dividend payments of 987,800,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,829,414,321.
- Other factors increased equity by 1,813,150,201.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.59 Billion | +9.86% |
| Dividends Paid | CN¥987.80 Million | -6.11% |
| Other Comprehensive Income | CN¥-1.83 Billion | -11.31% |
| Other Changes | CN¥1.81 Billion | +11.21% |
| Total Change | CN¥- | 3.79% |
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: 1.18x
- 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 7.26x to 1.18x 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¥10.60 | x |
| 2009-12-31 | CN¥2.06 | CN¥10.60 | x |
| 2010-12-31 | CN¥4.86 | CN¥10.60 | x |
| 2011-12-31 | CN¥4.34 | CN¥10.60 | x |
| 2012-12-31 | CN¥4.67 | CN¥10.60 | x |
| 2013-12-31 | CN¥5.15 | CN¥10.60 | x |
| 2014-12-31 | CN¥5.77 | CN¥10.60 | x |
| 2015-12-31 | CN¥6.35 | CN¥10.60 | x |
| 2016-12-31 | CN¥7.05 | CN¥10.60 | x |
| 2017-12-31 | CN¥7.39 | CN¥10.60 | x |
| 2018-12-31 | CN¥7.51 | CN¥10.60 | x |
| 2019-12-31 | CN¥7.61 | CN¥10.60 | x |
| 2020-12-31 | CN¥7.79 | CN¥10.60 | x |
| 2021-12-31 | CN¥8.02 | CN¥10.60 | x |
| 2022-12-31 | CN¥8.15 | CN¥10.60 | x |
| 2023-12-31 | CN¥8.56 | CN¥10.60 | x |
| 2024-12-31 | CN¥8.64 | CN¥10.60 | x |
| 2025-12-31 | CN¥9.00 | CN¥10.60 | 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): 9.86%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.65%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.63x
- Recent ROE (9.86%) is below the historical average (11.96%), 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 |
| 2025 | 9.86% | 12.65% | 0.48x | 1.63x | CN¥-22.97 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: $921,703,499
- Average return on equity (ROE) among peers: 5.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China South Publishing & Media Group Co Ltd (601098) | CN¥17.32 Billion | 21.23% | 0.55x | $2.79 Billion |
| Huamei Holding (000607) | $552.04 Million | 4.24% | 2.65x | $506.33 Million |
| Central China Land Media Co Ltd (000719) | $-17.65 Million | 0.00% | 0.00x | $1.84 Billion |
| Guangdong Guangzhou Daily Media Co Ltd (002181) | $1.30 Billion | 0.08% | 0.22x | $2.04 Billion |
| Tangel Publishing (300148) | $1.94 Billion | 9.09% | 0.08x | $416.84 Million |
| COL Digital Publishing Group Co Ltd (300364) | $301.91 Million | 15.29% | 0.43x | $2.54 Billion |
| Citic Press Corp (300788) | $2.18 Billion | 5.44% | 0.52x | $700.64 Million |
| Dook Media Group Limited (301025) | $511.95 Million | 10.07% | 0.30x | $514.90 Million |
| GUOMAI Culture & Media Co. Ltd. (301052) | $713.72 Million | 5.72% | 0.34x | $372.30 Million |
| Ronshin Group A (301231) | $866.68 Million | -5.12% | 0.05x | $416.58 Million |
| Qingdao Citymedia Co Ltd (600229) | $864.83 Million | 7.49% | 0.78x | $536.59 Million |
About 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. It 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 publications and… Read more