Jiangsu Phoenix Publishing & Media Corp Ltd

SHG:601928 China Publishing
Market Cap
$3.44 Billion
CN¥25.27 Billion CNY
Market Cap Rank
#7599 Global
#1317 in China
Share Price
CN¥9.93
Change (1 day)
+0.00%
52-Week Range
CN¥9.63 - CN¥12.04
All Time High
CN¥14.71
About

Jiangsu Phoenix Publishing & Media Corporation Limited engages in the editing, publishing, and distribution of books, newspapers, electronic publications, and audio-visual products in China. The company also engages in the publication and distribution of teaching aids; distribution of general books, textbooks, and teaching aids; sale of teaching equipment; logistics distribution; and the cultural… Read more

Jiangsu Phoenix Publishing & Media Corp Ltd (601928) - Net Assets

Latest net assets as of September 2025: CN¥20.38 Billion CNY

Based on the latest financial reports, Jiangsu Phoenix Publishing & Media Corp Ltd (601928) has net assets worth CN¥20.38 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¥31.58 Billion) and total liabilities (CN¥11.19 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¥20.38 Billion
% of Total Assets 64.55%
Annual Growth Rate 9.86%
5-Year Change 28.81%
10-Year Change 74.14%
Growth Volatility 29.06

Jiangsu Phoenix Publishing & Media Corp Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Jiangsu Phoenix Publishing & Media Corp 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 Jiangsu Phoenix Publishing & Media Corp Ltd (2008–2024)

The table below shows the annual net assets of Jiangsu Phoenix Publishing & Media Corp Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥19.76 Billion +1.68%
2023-12-31 CN¥19.43 Billion +10.69%
2022-12-31 CN¥17.55 Billion +6.85%
2021-12-31 CN¥16.43 Billion +7.11%
2020-12-31 CN¥15.34 Billion +5.37%
2019-12-31 CN¥14.56 Billion +4.40%
2018-12-31 CN¥13.94 Billion +6.32%
2017-12-31 CN¥13.11 Billion +6.31%
2016-12-31 CN¥12.33 Billion +8.72%
2015-12-31 CN¥11.35 Billion +6.04%
2014-12-31 CN¥10.70 Billion +6.33%
2013-12-31 CN¥10.06 Billion +5.87%
2012-12-31 CN¥9.50 Billion +6.40%
2011-12-31 CN¥8.93 Billion +120.51%
2010-12-31 CN¥4.05 Billion -22.75%
2009-12-31 CN¥5.24 Billion +19.56%
2008-12-31 CN¥4.39 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Phoenix Publishing & Media Corp 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 700.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥10.77 Billion 55.31%
Common Stock CN¥2.54 Billion 13.07%
Other Comprehensive Income CN¥1.82 Billion 9.33%
Other Components CN¥4.34 Billion 22.29%
Total Equity CN¥19.47 Billion 100.00%

Jiangsu Phoenix Publishing & Media Corp Ltd Competitors by Market Cap

The table below lists competitors of Jiangsu Phoenix Publishing & Media Corp Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 19,143,558,303 to 19,474,241,824, a change of 330,683,521 (1.7%).
  • Net income of 1,597,505,166 contributed positively to equity growth.
  • Dividend payments of 1,287,171,542 reduced retained earnings.
  • Other comprehensive income increased equity by 168,408,209.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.60 Billion +8.2%
Dividends Paid CN¥1.29 Billion -6.61%
Other Comprehensive Income CN¥168.41 Million +0.86%
Other Changes CN¥-148.06 Million -0.76%
Total Change CN¥- 1.73%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Phoenix Publishing & Media Corp 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: 1.30x
  • 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 4.46x to 1.30x 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¥2.23 CN¥9.93 x
2009-12-31 CN¥2.49 CN¥9.93 x
2010-12-31 CN¥1.91 CN¥9.93 x
2011-12-31 CN¥4.23 CN¥9.93 x
2012-12-31 CN¥3.53 CN¥9.93 x
2013-12-31 CN¥3.74 CN¥9.93 x
2014-12-31 CN¥3.95 CN¥9.93 x
2015-12-31 CN¥4.20 CN¥9.93 x
2016-12-31 CN¥4.57 CN¥9.93 x
2017-12-31 CN¥4.87 CN¥9.93 x
2018-12-31 CN¥5.24 CN¥9.93 x
2019-12-31 CN¥5.47 CN¥9.93 x
2020-12-31 CN¥5.78 CN¥9.93 x
2021-12-31 CN¥6.34 CN¥9.93 x
2022-12-31 CN¥6.78 CN¥9.93 x
2023-12-31 CN¥7.52 CN¥9.93 x
2024-12-31 CN¥7.65 CN¥9.93 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Phoenix Publishing & Media Corp 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): 8.20%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.74%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 1.58x
  • Recent ROE (8.20%) is below the historical average (11.33%), 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 10.33% 9.90% 0.67x 1.56x CN¥14.29 Million
2009 12.85% 12.75% 0.64x 1.57x CN¥142.48 Million
2010 17.25% 12.24% 0.71x 1.98x CN¥278.26 Million
2011 8.54% 12.30% 0.49x 1.42x CN¥-126.34 Million
2012 10.20% 13.83% 0.50x 1.46x CN¥17.94 Million
2013 10.02% 12.47% 0.53x 1.52x CN¥1.58 Million
2014 11.98% 12.53% 0.57x 1.68x CN¥199.57 Million
2015 10.53% 11.19% 0.56x 1.68x CN¥56.46 Million
2016 10.07% 11.09% 0.55x 1.66x CN¥7.79 Million
2017 9.41% 10.55% 0.54x 1.66x CN¥-72.80 Million
2018 9.94% 11.40% 0.53x 1.63x CN¥-8.39 Million
2019 9.66% 10.68% 0.53x 1.71x CN¥-47.46 Million
2020 10.84% 13.15% 0.47x 1.74x CN¥123.98 Million
2021 15.23% 19.63% 0.44x 1.78x CN¥843.76 Million
2022 12.06% 15.31% 0.46x 1.72x CN¥355.52 Million
2023 15.42% 21.63% 0.44x 1.64x CN¥1.04 Billion
2024 8.20% 11.74% 0.44x 1.58x CN¥-349.92 Million

Industry Comparison

This section compares Jiangsu Phoenix Publishing & Media Corp 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
Jiangsu Phoenix Publishing & Media Corp Ltd (601928) CN¥20.38 Billion 10.33% 0.55x $936.58 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