People.Cn Co Ltd
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.
| Company | Market Cap |
|---|---|
|
Fosun International Ltd
PINK:FOSUF
|
$1.21 Billion |
|
Tianjin Pharmaceutical Da Ren Tang Group Corporation Limited
F:2TZ
|
$1.21 Billion |
|
Mega Union Technology Inc.
TW:6944
|
$1.21 Billion |
|
Labrador Iron Ore Royalty Corporation
PINK:LIFZF
|
$1.21 Billion |
|
NGEx Minerals Ltd
OTCQX:NGXXF
|
$1.21 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
$1.20 Billion |
|
Mizuho Leasing Company, Limited
F:LFB
|
$1.20 Billion |
|
Prosegur Cash S.A
PINK:PGUCY
|
$1.20 Billion |
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 |