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¥17.21 Billion CNY (≈ $2.52 Billion 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¥26.71 Billion ≈ $3.91 Billion USD) and total liabilities (CN¥9.50 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 601098 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is China South Publishing & Media Group Co 's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see China South Publishing & Media Group Co market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 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 |
|---|---|
|
ROCKWOOL International A/S
CO:ROCK-A
|
$2.99 Billion |
|
Structure Therapeutics Inc. American Depositary Shares
NASDAQ:GPCR
|
$2.99 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
$2.99 Billion |
|
Ebro Foods
MC:EBRO
|
$2.99 Billion |
|
Shaanxi Huaqin Technology Industry Co. Ltd. A
SHG:688281
|
$2.99 Billion |
|
Brookfield Business Partners L.P.
TO:BBU-UN
|
$2.99 Billion |
|
Cushman & Wakefield plc
NYSE:CWK
|
$2.99 Billion |
|
Sichuan Shuangma Cement Co Ltd
SHE:000935
|
$2.99 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 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: 1.32x
- 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 7.79x to 1.32x 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¥11.37 | x |
| 2009-12-31 | CN¥2.06 | CN¥11.37 | x |
| 2010-12-31 | CN¥4.86 | CN¥11.37 | x |
| 2011-12-31 | CN¥4.34 | CN¥11.37 | x |
| 2012-12-31 | CN¥4.67 | CN¥11.37 | x |
| 2013-12-31 | CN¥5.15 | CN¥11.37 | x |
| 2014-12-31 | CN¥5.77 | CN¥11.37 | x |
| 2015-12-31 | CN¥6.35 | CN¥11.37 | x |
| 2016-12-31 | CN¥7.05 | CN¥11.37 | x |
| 2017-12-31 | CN¥7.39 | CN¥11.37 | x |
| 2018-12-31 | CN¥7.51 | CN¥11.37 | x |
| 2019-12-31 | CN¥7.61 | CN¥11.37 | x |
| 2020-12-31 | CN¥7.79 | CN¥11.37 | x |
| 2021-12-31 | CN¥8.02 | CN¥11.37 | x |
| 2022-12-31 | CN¥8.15 | CN¥11.37 | x |
| 2023-12-31 | CN¥8.56 | CN¥11.37 | x |
| 2024-12-31 | CN¥8.64 | CN¥11.37 | 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: $1,644,330,794
- Average return on equity (ROE) among peers: 4.14%
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 | $2.99 Billion |
| Huamei Holding (000607) | $872.59 Million | -22.82% | 2.51x | $616.53 Million |
| Central China Land Media Co Ltd (000719) | $7.76 Billion | 9.51% | 0.49x | $2.01 Billion |
| Guangdong Guangzhou Daily Media Co Ltd (002181) | $3.97 Billion | 1.37% | 0.11x | $2.80 Billion |
| Tangel Publishing (300148) | $533.63 Million | 3.56% | 0.13x | $513.03 Million |
| Citic Press Corp (300788) | $745.32 Million | 24.33% | 0.91x | $990.02 Million |
| Dook Media Group Limited (301025) | $609.67 Million | -0.54% | 0.20x | $659.00 Million |
| GUOMAI Culture & Media Co. Ltd. (301052) | $391.09 Million | 10.46% | 0.30x | $466.86 Million |
| Ronshin Group A (301231) | $428.68 Million | 9.48% | 0.25x | $370.51 Million |
| Qingdao Citymedia Co Ltd (600229) | $873.31 Million | 3.50% | 1.17x | $611.03 Million |
| Chinese Universe Publishing And Media Co Ltd (600373) | $257.88 Million | 2.57% | 1.20x | $1.64 Billion |
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. 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