Northern United Publishing & Media Group Co Ltd
Northern United Publishing & Media (Group) Company Limited engages in the publication, distribution, and printing of textbooks, supplementary books, general books, and other publications in China. It is involved in the publishing and distribution of teaching materials and electronic audio-visual products; printing of publications, packaging and decoration products, bills, and labels; supply of ma… Read more
Northern United Publishing & Media Group Co Ltd (601999) - Net Assets
Latest net assets as of September 2025: CN¥2.67 Billion CNY
Based on the latest financial reports, Northern United Publishing & Media Group Co Ltd (601999) has net assets worth CN¥2.67 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¥4.28 Billion) and total liabilities (CN¥1.61 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¥2.67 Billion |
| % of Total Assets | 62.36% |
| Annual Growth Rate | 10.22% |
| 5-Year Change | 9.26% |
| 10-Year Change | 40.68% |
| Growth Volatility | 40.18 |
Northern United Publishing & Media Group Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Northern United Publishing & Media Group 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 Northern United Publishing & Media Group Co Ltd (2006–2024)
The table below shows the annual net assets of Northern United Publishing & Media Group Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.63 Billion | +2.57% |
| 2023-12-31 | CN¥2.56 Billion | +3.13% |
| 2022-12-31 | CN¥2.48 Billion | +1.65% |
| 2021-12-31 | CN¥2.44 Billion | +1.61% |
| 2020-12-31 | CN¥2.40 Billion | +5.11% |
| 2019-12-31 | CN¥2.29 Billion | +4.08% |
| 2018-12-31 | CN¥2.20 Billion | +6.61% |
| 2017-12-31 | CN¥2.06 Billion | +6.48% |
| 2016-12-31 | CN¥1.94 Billion | +3.68% |
| 2015-12-31 | CN¥1.87 Billion | +3.20% |
| 2014-12-31 | CN¥1.81 Billion | +3.13% |
| 2013-12-31 | CN¥1.75 Billion | +2.91% |
| 2012-12-31 | CN¥1.70 Billion | +4.15% |
| 2011-12-31 | CN¥1.64 Billion | +3.21% |
| 2010-12-31 | CN¥1.59 Billion | +8.03% |
| 2009-12-31 | CN¥1.47 Billion | +7.57% |
| 2008-12-31 | CN¥1.36 Billion | +7.18% |
| 2007-12-31 | CN¥1.27 Billion | +179.57% |
| 2006-12-31 | CN¥455.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Northern United 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 4347.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.26 Billion | 48.50% |
| Common Stock | CN¥550.91 Million | 21.14% |
| Other Comprehensive Income | CN¥266.23 Million | 10.22% |
| Other Components | CN¥524.92 Million | 20.14% |
| Total Equity | CN¥2.61 Billion | 100.00% |
Northern United Publishing & Media Group Co Ltd Competitors by Market Cap
The table below lists competitors of Northern United Publishing & Media Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuhan Tianyu Info Industry
SHE:300205
|
$174.42 Million |
|
DITTO (THAILAND)
BK:DITTO-R
|
$174.47 Million |
|
Hunan Dajiaweikang Pharmaceutical Industry Co.Ltd
SHE:301126
|
$174.48 Million |
|
Touchstone International Medical Science Co Ltd
SHG:688013
|
$174.48 Million |
|
Electricite de Strasbourg S.A.
LSE:0J74
|
$174.35 Million |
|
Pepper Money Ltd
AU:PPM
|
$174.26 Million |
|
Astra Agro Lestari Tbk
JK:AALI
|
$174.24 Million |
|
VNV Global AB (publ)
PINK:VSTKF
|
$174.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northern United 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 2,536,975,425 to 2,605,738,615, a change of 68,763,190 (2.7%).
- Net income of 102,176,217 contributed positively to equity growth.
- Dividend payments of 38,359,548 reduced retained earnings.
- Other comprehensive income increased equity by 266,230,961.
- Other factors decreased equity by 261,284,440.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥102.18 Million | +3.92% |
| Dividends Paid | CN¥38.36 Million | -1.47% |
| Other Comprehensive Income | CN¥266.23 Million | +10.22% |
| Other Changes | CN¥-261.28 Million | -10.03% |
| Total Change | CN¥- | 2.71% |
Book Value vs Market Value Analysis
This analysis compares Northern United 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: 1.51x
- 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 6.59x to 1.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥1.08 | CN¥7.15 | x |
| 2007-12-31 | CN¥3.00 | CN¥7.15 | x |
| 2008-12-31 | CN¥2.48 | CN¥7.15 | x |
| 2009-12-31 | CN¥2.61 | CN¥7.15 | x |
| 2010-12-31 | CN¥2.93 | CN¥7.15 | x |
| 2011-12-31 | CN¥2.90 | CN¥7.15 | x |
| 2012-12-31 | CN¥3.02 | CN¥7.15 | x |
| 2013-12-31 | CN¥3.25 | CN¥7.15 | x |
| 2014-12-31 | CN¥3.37 | CN¥7.15 | x |
| 2015-12-31 | CN¥3.34 | CN¥7.15 | x |
| 2016-12-31 | CN¥3.44 | CN¥7.15 | x |
| 2017-12-31 | CN¥3.71 | CN¥7.15 | x |
| 2018-12-31 | CN¥3.94 | CN¥7.15 | x |
| 2019-12-31 | CN¥4.10 | CN¥7.15 | x |
| 2020-12-31 | CN¥4.30 | CN¥7.15 | x |
| 2021-12-31 | CN¥4.36 | CN¥7.15 | x |
| 2022-12-31 | CN¥4.44 | CN¥7.15 | x |
| 2023-12-31 | CN¥4.53 | CN¥7.15 | x |
| 2024-12-31 | CN¥4.73 | CN¥7.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northern United 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): 3.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.21%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.58x
- Recent ROE (3.92%) is below the historical average (6.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 20.29% | 9.00% | 0.89x | 2.52x | CN¥46.07 Million |
| 2007 | 8.32% | 10.24% | 0.55x | 1.48x | CN¥-21.09 Million |
| 2008 | 8.47% | 9.81% | 0.61x | 1.43x | CN¥-20.84 Million |
| 2009 | 8.81% | 10.01% | 0.58x | 1.53x | CN¥-17.39 Million |
| 2010 | 8.19% | 9.78% | 0.57x | 1.46x | CN¥-28.65 Million |
| 2011 | 4.13% | 4.85% | 0.58x | 1.47x | CN¥-95.96 Million |
| 2012 | 3.98% | 5.34% | 0.51x | 1.45x | CN¥-102.53 Million |
| 2013 | 4.00% | 5.27% | 0.51x | 1.49x | CN¥-105.19 Million |
| 2014 | 4.15% | 5.01% | 0.53x | 1.55x | CN¥-105.67 Million |
| 2015 | 4.30% | 5.21% | 0.53x | 1.57x | CN¥-106.28 Million |
| 2016 | 6.36% | 7.50% | 0.53x | 1.59x | CN¥-70.39 Million |
| 2017 | 7.82% | 8.34% | 0.57x | 1.64x | CN¥-44.78 Million |
| 2018 | 8.11% | 7.58% | 0.70x | 1.53x | CN¥-41.40 Million |
| 2019 | 6.56% | 5.47% | 0.73x | 1.63x | CN¥-77.78 Million |
| 2020 | 6.45% | 6.01% | 0.66x | 1.62x | CN¥-84.03 Million |
| 2021 | 4.53% | 3.79% | 0.69x | 1.73x | CN¥-131.51 Million |
| 2022 | 3.08% | 2.89% | 0.62x | 1.72x | CN¥-169.19 Million |
| 2023 | 4.42% | 4.65% | 0.57x | 1.66x | CN¥-141.58 Million |
| 2024 | 3.92% | 4.21% | 0.59x | 1.58x | CN¥-158.40 Million |
Industry Comparison
This section compares Northern United 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: $1,256,922,973
- Average return on equity (ROE) among peers: 9.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northern United Publishing & Media Group Co Ltd (601999) | CN¥2.67 Billion | 20.29% | 0.60x | $174.35 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 |