Southern Publishing&Media Co

SHG:601900 China Publishing
Market Cap
$1.68 Billion
CN¥12.32 Billion CNY
Market Cap Rank
#9325 Global
#1901 in China
Share Price
CN¥13.97
Change (1 day)
-2.31%
52-Week Range
CN¥12.62 - CN¥17.61
All Time High
CN¥26.71
Categories
Companies in China Publishing
About

Southern Publishing and Media Co., Ltd. operates as a publishing company in China. It operates through six segments: Publishing; Distribution; Material Trading; Printing; Newspaper and Media; and Others. The company publishes and distributes books, newspapers, magazines, and electronic audio-visual publications. In addition, it is involved in the printed materials business, such as primary and se… Read more

Southern Publishing&Media Co (601900) - Net Assets

Latest net assets as of September 2025: CN¥9.37 Billion CNY

Based on the latest financial reports, Southern Publishing&Media Co (601900) has net assets worth CN¥9.37 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¥18.35 Billion) and total liabilities (CN¥8.98 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¥9.37 Billion
% of Total Assets 51.06%
Annual Growth Rate 15.57%
5-Year Change 33.51%
10-Year Change 193.02%
Growth Volatility 10.4

Southern Publishing&Media Co - Net Assets Trend (2011–2024)

This chart illustrates how Southern Publishing&Media Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Southern Publishing&Media Co (2011–2024)

The table below shows the annual net assets of Southern Publishing&Media Co from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥9.04 Billion +3.22%
2023-12-31 CN¥8.76 Billion +8.81%
2022-12-31 CN¥8.05 Billion +10.08%
2021-12-31 CN¥7.31 Billion +7.99%
2020-12-31 CN¥6.77 Billion +8.54%
2019-12-31 CN¥6.24 Billion +12.85%
2018-12-31 CN¥5.53 Billion +11.99%
2017-12-31 CN¥4.94 Billion +11.88%
2016-12-31 CN¥4.41 Billion +43.02%
2015-12-31 CN¥3.08 Billion +18.24%
2014-12-31 CN¥2.61 Billion +17.10%
2013-12-31 CN¥2.23 Billion +25.34%
2012-12-31 CN¥1.78 Billion +29.03%
2011-12-31 CN¥1.38 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Southern Publishing&Media Co'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 1706.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥6.34 Billion 76.69%
Common Stock CN¥895.88 Million 10.83%
Other Components CN¥1.03 Billion 12.48%
Total Equity CN¥8.27 Billion 100.00%

Southern Publishing&Media Co Competitors by Market Cap

The table below lists competitors of Southern Publishing&Media Co ranked by their market capitalization.

Company Market Cap
Adrian Resources Ltd
PINK:ADLRF
 		$609.82 Million
Eckert & Ziegler Strahlen- und Medizintechnik AG
F:EUZ
 		$610.05 Million
Liquidity Services Inc
NASDAQ:LQDT
 		$610.07 Million
Beijing Utour International Travel Service Co Ltd
SHE:002707
 		$610.74 Million
ARIAKE JAPAN CO.LTD
F:5EF
 		$609.54 Million
NioCorp Developments Ltd. Common Stock
NASDAQ:NB
 		$609.49 Million
SandRidge Energy Inc
NYSE:SD
 		$609.22 Million
GungHo Online Entertainment Inc
OTCGREY:GUNGF
 		$609.17 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Southern Publishing&Media Co's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,946,326,798 to 8,271,903,617, a change of 325,576,819 (4.1%).
  • Net income of 809,805,537 contributed positively to equity growth.
  • Dividend payments of 517,089,369 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥809.81 Million +9.79%
Dividends Paid CN¥517.09 Million -6.25%
Other Changes CN¥32.86 Million +0.4%
Total Change CN¥- 4.10%

Book Value vs Market Value Analysis

This analysis compares Southern Publishing&Media Co'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: 1.49x
  • 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 7.54x to 1.49x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 CN¥1.85 CN¥13.97 x
2012-12-31 CN¥2.21 CN¥13.97 x
2013-12-31 CN¥2.63 CN¥13.97 x
2014-12-31 CN¥3.00 CN¥13.97 x
2015-12-31 CN¥3.56 CN¥13.97 x
2016-12-31 CN¥4.49 CN¥13.97 x
2017-12-31 CN¥5.75 CN¥13.97 x
2018-12-31 CN¥6.10 CN¥13.97 x
2019-12-31 CN¥6.76 CN¥13.97 x
2020-12-31 CN¥7.35 CN¥13.97 x
2021-12-31 CN¥7.94 CN¥13.97 x
2022-12-31 CN¥8.08 CN¥13.97 x
2023-12-31 CN¥9.04 CN¥13.97 x
2024-12-31 CN¥9.40 CN¥13.97 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Southern Publishing&Media Co 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): 9.79%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.83%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 2.10x
  • Recent ROE (9.79%) is below the historical average (14.05%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 18.89% 7.96% 0.77x 3.07x CN¥108.27 Million
2012 17.61% 8.07% 0.71x 3.09x CN¥110.90 Million
2013 15.23% 6.77% 0.67x 3.36x CN¥88.38 Million
2014 15.98% 6.99% 0.71x 3.22x CN¥115.59 Million
2015 16.27% 8.19% 0.66x 2.99x CN¥145.35 Million
2016 11.80% 8.59% 0.57x 2.41x CN¥64.31 Million
2017 12.53% 11.64% 0.58x 1.86x CN¥123.31 Million
2018 11.97% 11.71% 0.60x 1.70x CN¥107.84 Million
2019 12.13% 11.23% 0.61x 1.78x CN¥128.60 Million
2020 11.56% 11.03% 0.60x 1.74x CN¥102.50 Million
2021 13.63% 11.41% 0.64x 1.85x CN¥258.07 Million
2022 13.20% 10.54% 0.61x 2.05x CN¥231.45 Million
2023 16.15% 13.71% 0.58x 2.04x CN¥488.98 Million
2024 9.79% 8.83% 0.53x 2.10x CN¥-17.38 Million

Industry Comparison

This section compares Southern Publishing&Media Co'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
Southern Publishing&Media Co (601900) CN¥9.37 Billion 18.89% 0.96x $609.77 Million
Huamei Holding (000607) $473.81 Million 12.41% 1.07x $261.10 Million
Central China Land Media Co Ltd (000719) $281.54 Million 6.37% 1.86x $517.78 Million
Guangdong Guangzhou Daily Media Co Ltd (002181) $3.61 Billion -1.50% 0.21x $546.22 Million
Tangel Publishing (300148) $97.11 Million 20.83% 0.22x $453.23 Million
Citic Press Corp (300788) $334.80 Million 30.18% 1.35x $227.12 Million
Dook Media Group Limited (301025) $609.67 Million -0.54% 0.20x $157.08 Million
GUOMAI Culture & Media Co. Ltd. (301052) $554.07 Million 10.24% 0.24x $312.18 Million
Ronshin Group A (301231) $912.58 Million 1.09% 0.05x $248.06 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