China Publishing & Media Hldg

SHG:601949 China Publishing
Market Cap
$1.71 Billion
CN¥12.53 Billion CNY
Market Cap Rank
#11665 Global
#2784 in China
Share Price
CN¥6.58
Change (1 day)
-2.37%
52-Week Range
CN¥6.32 - CN¥7.80
All Time High
CN¥15.97
About

China Publishing & Media Holdings Co., Ltd. publishes books, newspapers, periodicals, audio-visual products, and electronic publications in China. It is also involved in the paper publishing, digital publishing, printing and copying, information services, and copyright trading services. China Publishing & Media Holdings Co., Ltd. was founded in 2011 and is based in Beijing, China.

China Publishing & Media Hldg (601949) - Net Assets

Latest net assets as of September 2025: CN¥10.70 Billion CNY

Based on the latest financial reports, China Publishing & Media Hldg (601949) has net assets worth CN¥10.70 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¥16.03 Billion) and total liabilities (CN¥5.32 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¥10.70 Billion
% of Total Assets 66.8%
Annual Growth Rate 15.58%
5-Year Change 28.64%
10-Year Change 135.37%
Growth Volatility 13.69

China Publishing & Media Hldg - Net Assets Trend (2012–2024)

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

Annual Net Assets for China Publishing & Media Hldg (2012–2024)

The table below shows the annual net assets of China Publishing & Media Hldg from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.67 Billion +3.36%
2023-12-31 CN¥10.32 Billion +12.03%
2022-12-31 CN¥9.22 Billion +3.87%
2021-12-31 CN¥8.87 Billion +6.96%
2020-12-31 CN¥8.29 Billion +7.50%
2019-12-31 CN¥7.72 Billion +8.72%
2018-12-31 CN¥7.10 Billion +6.83%
2017-12-31 CN¥6.64 Billion +31.48%
2016-12-31 CN¥5.05 Billion +11.46%
2015-12-31 CN¥4.53 Billion +19.77%
2014-12-31 CN¥3.79 Billion +44.52%
2013-12-31 CN¥2.62 Billion +39.43%
2012-12-31 CN¥1.88 Billion --

Equity Component Analysis

This analysis shows how different components contribute to China Publishing & Media Hldg'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 2460.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥6.16 Billion 64.21%
Common Stock CN¥1.90 Billion 19.84%
Other Comprehensive Income CN¥-235.58 Million -2.45%
Other Components CN¥1.77 Billion 18.41%
Total Equity CN¥9.60 Billion 100.00%

China Publishing & Media Hldg Competitors by Market Cap

The table below lists competitors of China Publishing & Media Hldg ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,261,928,738 to 9,597,624,728, a change of 335,695,990 (3.6%).
  • Net income of 643,969,294 contributed positively to equity growth.
  • Dividend payments of 292,328,292 reduced retained earnings.
  • Other comprehensive income decreased equity by 235,576,075.
  • Other factors increased equity by 219,631,063.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥643.97 Million +6.71%
Dividends Paid CN¥292.33 Million -3.05%
Other Comprehensive Income CN¥-235.58 Million -2.45%
Other Changes CN¥219.63 Million +2.29%
Total Change CN¥- 3.62%

Book Value vs Market Value Analysis

This analysis compares China Publishing & Media Hldg'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 4.48x 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
2012-12-31 CN¥1.47 CN¥6.58 x
2013-12-31 CN¥2.07 CN¥6.58 x
2014-12-31 CN¥2.24 CN¥6.58 x
2015-12-31 CN¥2.63 CN¥6.58 x
2016-12-31 CN¥2.95 CN¥6.58 x
2017-12-31 CN¥3.63 CN¥6.58 x
2018-12-31 CN¥3.37 CN¥6.58 x
2019-12-31 CN¥3.65 CN¥6.58 x
2020-12-31 CN¥3.94 CN¥6.58 x
2021-12-31 CN¥4.25 CN¥6.58 x
2022-12-31 CN¥4.48 CN¥6.58 x
2023-12-31 CN¥4.98 CN¥6.58 x
2024-12-31 CN¥5.07 CN¥6.58 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Publishing & Media Hldg 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): 6.71%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.52%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 1.68x
  • Recent ROE (6.71%) is below the historical average (12.41%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 14.29% 8.44% 0.63x 2.69x CN¥78.02 Million
2013 26.57% 17.41% 0.63x 2.42x CN¥420.94 Million
2014 14.73% 13.75% 0.46x 2.33x CN¥153.02 Million
2015 17.10% 16.01% 0.48x 2.22x CN¥272.72 Million
2016 13.51% 13.98% 0.46x 2.09x CN¥151.08 Million
2017 9.26% 11.30% 0.43x 1.91x CN¥-42.29 Million
2018 9.81% 11.29% 0.46x 1.91x CN¥-11.51 Million
2019 10.57% 10.99% 0.48x 1.99x CN¥38.18 Million
2020 10.31% 12.43% 0.43x 1.92x CN¥22.00 Million
2021 10.09% 12.35% 0.44x 1.87x CN¥6.77 Million
2022 7.96% 10.59% 0.41x 1.82x CN¥-166.56 Million
2023 10.44% 15.36% 0.40x 1.69x CN¥40.88 Million
2024 6.71% 10.52% 0.38x 1.68x CN¥-315.79 Million

Industry Comparison

This section compares China Publishing & Media Hldg'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
China Publishing & Media Hldg (601949) CN¥10.70 Billion 14.29% 0.50x $378.68 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