Northern United Publishing & Media Group Co Ltd (601999) - Net Assets

Latest as of March 2026: CN¥2.70 Billion CNY ≈ $394.89 Million USD

Based on the latest financial reports, Northern United Publishing & Media Group Co Ltd (601999) has net assets worth CN¥2.70 Billion CNY (≈ $394.89 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.11 Billion ≈ $601.62 Million USD) and total liabilities (CN¥1.41 Billion ≈ $206.72 Million USD). 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. Check Northern United Publishing & Media Group (601999) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.70 Billion
% of Total Assets	65.64%
Annual Growth Rate	9.81%
5-Year Change	10.26%
10-Year Change	39.12%
Growth Volatility	39.19

Northern United Publishing & Media Group Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Northern United Publishing & Media Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Northern United Publishing & Media Group defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Northern United Publishing & Media Group Co Ltd (2006–2025)

The table below shows the annual net assets of Northern United Publishing & Media Group Co Ltd from 2006 to 2025. For live valuation and market cap data, see Northern United Publishing & Media Group market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥2.69 Billion ≈ $394.01 Million	+2.53%
2024-12-31	CN¥2.63 Billion ≈ $384.27 Million	+2.57%
2023-12-31	CN¥2.56 Billion ≈ $374.63 Million	+3.13%
2022-12-31	CN¥2.48 Billion ≈ $363.27 Million	+1.65%
2021-12-31	CN¥2.44 Billion ≈ $357.36 Million	+1.61%
2020-12-31	CN¥2.40 Billion ≈ $351.69 Million	+5.11%
2019-12-31	CN¥2.29 Billion ≈ $334.59 Million	+4.08%
2018-12-31	CN¥2.20 Billion ≈ $321.48 Million	+6.61%
2017-12-31	CN¥2.06 Billion ≈ $301.56 Million	+6.48%
2016-12-31	CN¥1.94 Billion ≈ $283.22 Million	+3.68%
2015-12-31	CN¥1.87 Billion ≈ $273.15 Million	+3.20%
2014-12-31	CN¥1.81 Billion ≈ $264.68 Million	+3.13%
2013-12-31	CN¥1.75 Billion ≈ $256.65 Million	+2.91%
2012-12-31	CN¥1.70 Billion ≈ $249.39 Million	+4.15%
2011-12-31	CN¥1.64 Billion ≈ $239.45 Million	+3.21%
2010-12-31	CN¥1.59 Billion ≈ $231.99 Million	+8.03%
2009-12-31	CN¥1.47 Billion ≈ $214.74 Million	+7.57%
2008-12-31	CN¥1.36 Billion ≈ $199.64 Million	+7.18%
2007-12-31	CN¥1.27 Billion ≈ $186.26 Million	+179.57%
2006-12-31	CN¥455.31 Million ≈ $66.63 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 4524.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.31 Billion	49.06%
Other Components	CN¥1.36 Billion	50.94%
Total Equity	CN¥2.68 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
Stor-Age Property REIT Ltd JSE:SSS	$472.42 Million
COINSHARES I. LS-000247 F:3TW	$472.53 Million
Electrovaya Inc. NASDAQ:ELVA	$472.61 Million
Aberdeen Standard Global Infrastructure Income Fund NYSE:ASGI	$472.62 Million
Goodluck India Limited NSE:GOODLUCK	$472.23 Million
Rashi Peripherals Limited NSE:RPTECH	$472.22 Million
Shenzhen Ellassay Fashion Co SHG:603808	$472.05 Million
Calfrac Well Services Ltd. TO:CFW	$472.00 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 2024 to 2025, total equity changed from 2,605,738,615 to 2,678,086,692, a change of 72,348,077 (2.8%).
Net income of 105,029,043 contributed positively to equity growth.
Dividend payments of 37,180,213 reduced retained earnings.
Other comprehensive income decreased equity by 266,230,961.
Other factors increased equity by 270,730,207.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥105.03 Million	+3.92%
Dividends Paid	CN¥37.18 Million	-1.39%
Other Comprehensive Income	CN¥-266.23 Million	-9.94%
Other Changes	CN¥270.73 Million	+10.11%
Total Change	CN¥-	2.78%

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: 1.21x
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 5.40x to 1.21x 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¥5.86	x
2007-12-31	CN¥3.00	CN¥5.86	x
2008-12-31	CN¥2.48	CN¥5.86	x
2009-12-31	CN¥2.61	CN¥5.86	x
2010-12-31	CN¥2.93	CN¥5.86	x
2011-12-31	CN¥2.90	CN¥5.86	x
2012-12-31	CN¥3.09	CN¥5.86	x
2013-12-31	CN¥3.25	CN¥5.86	x
2014-12-31	CN¥3.37	CN¥5.86	x
2015-12-31	CN¥3.34	CN¥5.86	x
2016-12-31	CN¥3.44	CN¥5.86	x
2017-12-31	CN¥3.71	CN¥5.86	x
2018-12-31	CN¥3.94	CN¥5.86	x
2019-12-31	CN¥4.12	CN¥5.86	x
2020-12-31	CN¥4.34	CN¥5.86	x
2021-12-31	CN¥4.42	CN¥5.86	x
2022-12-31	CN¥4.54	CN¥5.86	x
2023-12-31	CN¥4.53	CN¥5.86	x
2024-12-31	CN¥4.85	CN¥5.86	x
2025-12-31	CN¥4.86	CN¥5.86	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: 5.01%
• Asset Turnover: 0.51x
• Equity Multiplier: 1.52x
Recent ROE (3.92%) is below the historical average (6.52%), 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	4.19%	5.01%	0.53x	1.57x	CN¥-108.42 Million
2016	6.97%	7.68%	0.57x	1.59x	CN¥-58.62 Million
2017	7.82%	8.34%	0.57x	1.64x	CN¥-44.78 Million
2018	8.13%	7.58%	0.70x	1.53x	CN¥-41.00 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
2025	3.92%	5.01%	0.51x	1.52x	CN¥-162.78 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: $921,703,499
Average return on equity (ROE) among peers: 5.23%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Northern United Publishing & Media Group Co Ltd (601999)	CN¥2.70 Billion	20.29%	0.52x	$472.41 Million
Huamei Holding (000607)	$552.04 Million	4.24%	2.65x	$506.33 Million
Central China Land Media Co Ltd (000719)	$-17.65 Million	0.00%	0.00x	$1.84 Billion
Guangdong Guangzhou Daily Media Co Ltd (002181)	$1.30 Billion	0.08%	0.22x	$2.04 Billion
Tangel Publishing (300148)	$1.94 Billion	9.09%	0.08x	$416.84 Million
COL Digital Publishing Group Co Ltd (300364)	$301.91 Million	15.29%	0.43x	$2.54 Billion
Citic Press Corp (300788)	$2.18 Billion	5.44%	0.52x	$700.64 Million
Dook Media Group Limited (301025)	$511.95 Million	10.07%	0.30x	$514.90 Million
GUOMAI Culture & Media Co. Ltd. (301052)	$713.72 Million	5.72%	0.34x	$372.30 Million
Ronshin Group A (301231)	$866.68 Million	-5.12%	0.05x	$416.58 Million
Qingdao Citymedia Co Ltd (600229)	$864.83 Million	7.49%	0.78x	$536.59 Million

About Northern United Publishing & Media Group Co Ltd

SHG:601999 China Publishing

Market Cap

$472.41 Million

CN¥3.23 Billion CNY

Market Cap Rank

#12767 Global

#3814 in China

Share Price

CN¥5.86

Change (1 day)

-1.68%

52-Week Range

CN¥5.71 - CN¥8.46

All Time High

CN¥14.97