JiShi Media Co Ltd
JiShi Media Co., Ltd. engages in the cable television business in China. The company also provides services of communication networks and their lines, internet access services, information services, radio and television, and communication and information equipment products. In addition, it distributes radio and television programs; designs and installs communication networks and their circuits; a… Read more
JiShi Media Co Ltd (601929) - Net Assets
Latest net assets as of September 2025: CN¥5.04 Billion CNY
Based on the latest financial reports, JiShi Media Co Ltd (601929) has net assets worth CN¥5.04 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¥12.65 Billion) and total liabilities (CN¥7.61 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¥5.04 Billion |
| % of Total Assets | 39.84% |
| Annual Growth Rate | 14.35% |
| 5-Year Change | -22.63% |
| 10-Year Change | -10.48% |
| Growth Volatility | 35.09 |
JiShi Media Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how JiShi Media 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 JiShi Media Co Ltd (2008–2024)
The table below shows the annual net assets of JiShi Media Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.41 Billion | -18.23% |
| 2023-12-31 | CN¥6.61 Billion | -5.77% |
| 2022-12-31 | CN¥7.02 Billion | -0.11% |
| 2021-12-31 | CN¥7.03 Billion | +0.52% |
| 2020-12-31 | CN¥6.99 Billion | -0.47% |
| 2019-12-31 | CN¥7.02 Billion | -2.61% |
| 2018-12-31 | CN¥7.21 Billion | +8.68% |
| 2017-12-31 | CN¥6.63 Billion | +4.36% |
| 2016-12-31 | CN¥6.36 Billion | +5.24% |
| 2015-12-31 | CN¥6.04 Billion | +19.42% |
| 2014-12-31 | CN¥5.06 Billion | +18.17% |
| 2013-12-31 | CN¥4.28 Billion | +4.01% |
| 2012-12-31 | CN¥4.12 Billion | +118.85% |
| 2011-12-31 | CN¥1.88 Billion | +25.65% |
| 2010-12-31 | CN¥1.50 Billion | +23.01% |
| 2009-12-31 | CN¥1.22 Billion | +92.39% |
| 2008-12-31 | CN¥632.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to JiShi Media 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 3028911792.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥3.49 Billion | 65.03% |
| Other Comprehensive Income | CN¥1.13 Billion | 21.05% |
| Other Components | CN¥811.67 Million | 15.13% |
| Total Equity | CN¥5.37 Billion | 100.00% |
JiShi Media Co Ltd Competitors by Market Cap
The table below lists competitors of JiShi Media Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wasu Media Holding Co Ltd
SHE:000156
|
$980.45 Million |
|
Abacus Storage King
AU:ASK
|
$980.65 Million |
|
Guanghui Logistics Co Ltd
SHG:600603
|
$980.72 Million |
|
TianJin 712 Communication & Broadcasting Co Ltd
SHG:603712
|
$980.87 Million |
|
Grupo Bafar S.A.B. de C.V
MX:BAFARB
|
$979.94 Million |
|
G-III Apparel Group Ltd
NASDAQ:GIII
|
$979.61 Million |
|
GLORY LTD
F:3O5
|
$978.95 Million |
|
Dalian Bio-Chem Co Ltd
SHG:603360
|
$978.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JiShi Media Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,584,949,330 to 5,366,047,007, a change of -1,218,902,323 (-18.5%).
- Net loss of 464,769,224 reduced equity.
- Dividend payments of 252,875,395 reduced retained earnings.
- Share repurchases of 49,783,041 reduced equity.
- Other comprehensive income increased equity by 1,129,556,837.
- Other factors decreased equity by 1,581,031,500.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-464.77 Million | -8.66% |
| Dividends Paid | CN¥252.88 Million | -4.71% |
| Share Repurchases | CN¥49.78 Million | -0.93% |
| Other Comprehensive Income | CN¥1.13 Billion | +21.05% |
| Other Changes | CN¥-1.58 Billion | -29.46% |
| Total Change | CN¥- | -18.51% |
Book Value vs Market Value Analysis
This analysis compares JiShi Media 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: 2.04x
- 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 7.36x to 2.04x 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¥0.43 | CN¥3.16 | x |
| 2009-12-31 | CN¥0.77 | CN¥3.16 | x |
| 2010-12-31 | CN¥0.61 | CN¥3.16 | x |
| 2011-12-31 | CN¥0.76 | CN¥3.16 | x |
| 2012-12-31 | CN¥1.48 | CN¥3.16 | x |
| 2013-12-31 | CN¥1.46 | CN¥3.16 | x |
| 2014-12-31 | CN¥1.72 | CN¥3.16 | x |
| 2015-12-31 | CN¥1.97 | CN¥3.16 | x |
| 2016-12-31 | CN¥2.03 | CN¥3.16 | x |
| 2017-12-31 | CN¥2.12 | CN¥3.16 | x |
| 2018-12-31 | CN¥2.30 | CN¥3.16 | x |
| 2019-12-31 | CN¥2.24 | CN¥3.16 | x |
| 2020-12-31 | CN¥2.23 | CN¥3.16 | x |
| 2021-12-31 | CN¥2.24 | CN¥3.16 | x |
| 2022-12-31 | CN¥2.14 | CN¥3.16 | x |
| 2023-12-31 | CN¥1.99 | CN¥3.16 | x |
| 2024-12-31 | CN¥1.55 | CN¥3.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JiShi Media 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): -8.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.45%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 2.44x
- Recent ROE (-8.66%) is below the historical average (4.95%), 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 | 4.97% | 5.20% | 0.22x | 4.40x | CN¥-28.94 Million |
| 2009 | 11.80% | 16.01% | 0.28x | 2.68x | CN¥20.68 Million |
| 2010 | 19.03% | 22.70% | 0.37x | 2.26x | CN¥128.88 Million |
| 2011 | 20.32% | 24.02% | 0.38x | 2.21x | CN¥184.80 Million |
| 2012 | 9.57% | 21.75% | 0.32x | 1.38x | CN¥-17.42 Million |
| 2013 | 9.39% | 20.93% | 0.30x | 1.48x | CN¥-25.91 Million |
| 2014 | 8.12% | 19.99% | 0.22x | 1.86x | CN¥-94.63 Million |
| 2015 | 6.82% | 18.91% | 0.22x | 1.63x | CN¥-191.53 Million |
| 2016 | 5.90% | 16.84% | 0.23x | 1.56x | CN¥-259.05 Million |
| 2017 | 5.70% | 18.34% | 0.18x | 1.76x | CN¥-282.95 Million |
| 2018 | 4.25% | 15.13% | 0.15x | 1.87x | CN¥-411.16 Million |
| 2019 | 1.44% | 5.21% | 0.14x | 2.03x | CN¥-595.80 Million |
| 2020 | 0.94% | 3.29% | 0.14x | 2.05x | CN¥-628.26 Million |
| 2021 | 0.38% | 1.28% | 0.14x | 2.18x | CN¥-670.25 Million |
| 2022 | -6.09% | -23.40% | 0.12x | 2.11x | CN¥-1.12 Billion |
| 2023 | -9.76% | -35.03% | 0.13x | 2.19x | CN¥-1.30 Billion |
| 2024 | -8.66% | -23.45% | 0.15x | 2.44x | CN¥-1.00 Billion |
Industry Comparison
This section compares JiShi Media Co Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $3,928,935,546
- Average return on equity (ROE) among peers: 3.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JiShi Media Co Ltd (601929) | CN¥5.04 Billion | 4.97% | 1.51x | $980.31 Million |
| Wasu Media Holding Co Ltd (000156) | $14.50 Billion | 6.25% | 0.77x | $980.45 Million |
| Huawen Media Investment Corp (000793) | $2.81 Billion | 5.92% | 0.29x | $664.17 Million |
| Beijing Jingxi Culture&Tourism Co Ltd (000802) | $1.52 Billion | -4.02% | 1.27x | $328.72 Million |
| CITIC Guoan Information Industry Co Ltd (000839) | $6.93 Billion | 5.07% | 0.59x | $1.22 Billion |
| Bona Film Group Co Ltd (001330) | $4.89 Billion | 5.40% | 1.13x | $813.59 Million |
| Guangdong Alpha Animation and Culture Co Ltd (002292) | $4.00 Billion | -40.75% | 0.67x | $964.40 Million |
| Ciwen Media Co Ltd (002343) | $970.39 Million | 5.07% | 0.67x | $335.25 Million |
| Perfect World Co Ltd (002624) | $486.22 Million | 11.14% | 0.44x | $3.48 Billion |
| Wanda Cinema Line Corp (002739) | $3.00 Billion | 26.67% | 0.52x | $2.39 Billion |
| Shanghai Lisheng Racing Co Ltd (002858) | $180.05 Million | 15.70% | 0.33x | $250.22 Million |