People.Cn Co Ltd

SHG:603000 China Publishing
Market Cap
$3.06 Billion
CN¥22.43 Billion CNY
Market Cap Rank
#6565 Global
#1019 in China
Share Price
CN¥20.29
Change (1 day)
-3.06%
52-Week Range
CN¥18.46 - CN¥30.83
All Time High
CN¥42.14
About

People.cn CO., LTD provides advertising and publicity services in China. The company offers advertising and publicity services in the form of links, pictures, and multimedia through People.cn, the People.cn+ client, and network operation platforms, as well as activity and event service platforms, such as Huanqiu.com and Overseas.cn. It also provides professional technical services, including webs… Read more

People.Cn Co Ltd (603000) - Net Assets

Latest net assets as of September 2025: CN¥3.91 Billion CNY

Based on the latest financial reports, People.Cn Co Ltd (603000) has net assets worth CN¥3.91 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¥5.08 Billion) and total liabilities (CN¥1.17 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¥3.91 Billion
% of Total Assets 76.95%
Annual Growth Rate 32.72%
5-Year Change 6.79%
10-Year Change 28.35%
Growth Volatility 96.43

People.Cn Co Ltd - Net Assets Trend (2008–2024)

This chart illustrates how People.Cn 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 People.Cn Co Ltd (2008–2024)

The table below shows the annual net assets of People.Cn Co Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.00 Billion -0.55%
2023-12-31 CN¥4.02 Billion +2.38%
2022-12-31 CN¥3.93 Billion +5.79%
2021-12-31 CN¥3.71 Billion -0.85%
2020-12-31 CN¥3.75 Billion +5.40%
2019-12-31 CN¥3.55 Billion +9.62%
2018-12-31 CN¥3.24 Billion +9.63%
2017-12-31 CN¥2.96 Billion -5.94%
2016-12-31 CN¥3.14 Billion +0.89%
2015-12-31 CN¥3.12 Billion +4.65%
2014-12-31 CN¥2.98 Billion +22.28%
2013-12-31 CN¥2.43 Billion +11.34%
2012-12-31 CN¥2.19 Billion +218.53%
2011-12-31 CN¥686.57 Million +24.67%
2010-12-31 CN¥550.70 Million +315.83%
2009-12-31 CN¥132.44 Million +207.00%
2008-12-31 CN¥43.14 Million --

Equity Component Analysis

This analysis shows how different components contribute to People.Cn 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 5659.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.51 Billion 40.29%
Common Stock CN¥1.11 Billion 29.51%
Other Components CN¥1.13 Billion 30.21%
Total Equity CN¥3.75 Billion 100.00%

People.Cn Co Ltd Competitors by Market Cap

The table below lists competitors of People.Cn Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in People.Cn Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,727,836,754 to 3,747,003,008, a change of 19,166,254 (0.5%).
  • Net income of 209,230,118 contributed positively to equity growth.
  • Dividend payments of 186,861,788 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥209.23 Million +5.58%
Dividends Paid CN¥186.86 Million -4.99%
Other Changes CN¥-3.20 Million -0.09%
Total Change CN¥- 0.51%

Book Value vs Market Value Analysis

This analysis compares People.Cn 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: 5.96x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 520.06x to 5.96x 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¥0.04 CN¥20.29 x
2009-12-31 CN¥0.11 CN¥20.29 x
2010-12-31 CN¥0.78 CN¥20.29 x
2011-12-31 CN¥0.79 CN¥20.29 x
2012-12-31 CN¥2.12 CN¥20.29 x
2013-12-31 CN¥2.06 CN¥20.29 x
2014-12-31 CN¥2.30 CN¥20.29 x
2015-12-31 CN¥2.46 CN¥20.29 x
2016-12-31 CN¥2.58 CN¥20.29 x
2017-12-31 CN¥2.49 CN¥20.29 x
2018-12-31 CN¥2.66 CN¥20.29 x
2019-12-31 CN¥2.89 CN¥20.29 x
2020-12-31 CN¥3.04 CN¥20.29 x
2021-12-31 CN¥3.03 CN¥20.29 x
2022-12-31 CN¥3.24 CN¥20.29 x
2023-12-31 CN¥3.38 CN¥20.29 x
2024-12-31 CN¥3.40 CN¥20.29 x

Capital Efficiency Dashboard

This dashboard shows how efficiently People.Cn 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): 5.58%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.02%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 1.45x
  • Recent ROE (5.58%) is below the historical average (11.50%), 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 33.55% 10.17% 1.39x 2.36x CN¥10.16 Million
2009 18.04% 11.90% 1.12x 1.36x CN¥10.09 Million
2010 15.32% 24.62% 0.51x 1.22x CN¥28.37 Million
2011 21.28% 29.80% 0.54x 1.32x CN¥73.92 Million
2012 9.81% 29.70% 0.29x 1.14x CN¥-4.07 Million
2013 11.88% 26.55% 0.37x 1.21x CN¥43.15 Million
2014 13.02% 20.85% 0.45x 1.39x CN¥76.67 Million
2015 10.18% 17.09% 0.45x 1.34x CN¥4.82 Million
2016 3.88% 7.40% 0.39x 1.35x CN¥-167.39 Million
2017 3.21% 6.39% 0.38x 1.31x CN¥-189.08 Million
2018 7.15% 12.63% 0.41x 1.38x CN¥-85.19 Million
2019 10.55% 15.67% 0.46x 1.47x CN¥17.54 Million
2020 9.46% 15.15% 0.42x 1.48x CN¥-18.23 Million
2021 4.95% 7.60% 0.41x 1.57x CN¥-169.52 Million
2022 8.68% 15.71% 0.36x 1.54x CN¥-47.09 Million
2023 8.89% 15.66% 0.39x 1.47x CN¥-41.54 Million
2024 5.58% 10.02% 0.38x 1.45x CN¥-165.47 Million

Industry Comparison

This section compares People.Cn 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
People.Cn Co Ltd (603000) CN¥3.91 Billion 33.55% 0.30x $1.21 Billion
Huamei Holding (000607) $473.81 Million 12.41% 1.07x $262.95 Million
Central China Land Media Co Ltd (000719) $281.54 Million 6.37% 1.86x $515.39 Million
Guangdong Guangzhou Daily Media Co Ltd (002181) $3.61 Billion -1.50% 0.21x $559.76 Million
Tangel Publishing (300148) $97.11 Million 20.83% 0.22x $462.22 Million
Citic Press Corp (300788) $334.80 Million 30.18% 1.35x $246.68 Million
Dook Media Group Limited (301025) $609.67 Million -0.54% 0.20x $162.04 Million
GUOMAI Culture & Media Co. Ltd. (301052) $554.07 Million 10.24% 0.24x $318.52 Million
Ronshin Group A (301231) $912.58 Million 1.09% 0.05x $255.34 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