TVZone Media Co Ltd

SHG:603721 China Broadcasting
Market Cap
$364.81 Million
CN¥2.68 Billion CNY
Market Cap Rank
#15542 Global
#4143 in China
Share Price
CN¥20.59
Change (1 day)
-0.91%
52-Week Range
CN¥16.36 - CN¥27.67
All Time High
CN¥43.00
Categories
Companies in China Broadcasting
About

TVZone Media Co., Ltd. produces, distributes, and markets video content for television, Internet, and mobile Internet, TV series, broadcasting operation, and film television drama in China. The company primarily engages in the production of online movies, documentaries, TV series, short videos, and other video content. It also operates Taojutao and Zhongxugou, an online trading platform for TV dr… Read more

TVZone Media Co Ltd (603721) - Net Assets

Latest net assets as of June 2025: CN¥503.48 Million CNY

Based on the latest financial reports, TVZone Media Co Ltd (603721) has net assets worth CN¥503.48 Million CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥849.88 Million) and total liabilities (CN¥346.40 Million). 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¥503.48 Million
% of Total Assets 59.24%
Annual Growth Rate 8.26%
5-Year Change 5.32%
10-Year Change 86.94%
Growth Volatility 17.2

TVZone Media Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how TVZone Media 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 TVZone Media Co Ltd (2012–2024)

The table below shows the annual net assets of TVZone Media Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥547.39 Million -1.37%
2023-12-31 CN¥555.01 Million -5.01%
2022-12-31 CN¥584.26 Million +7.78%
2021-12-31 CN¥542.07 Million +4.29%
2020-12-31 CN¥519.76 Million -4.41%
2019-12-31 CN¥543.71 Million +1.18%
2018-12-31 CN¥537.37 Million -0.48%
2017-12-31 CN¥539.98 Million +62.23%
2016-12-31 CN¥332.86 Million +13.68%
2015-12-31 CN¥292.81 Million +14.96%
2014-12-31 CN¥254.71 Million +8.96%
2013-12-31 CN¥233.76 Million +10.65%
2012-12-31 CN¥211.26 Million --

Equity Component Analysis

This analysis shows how different components contribute to TVZone Media 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 7558.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥108.53 Million 21.81%
Common Stock CN¥130.00 Million 26.12%
Other Components CN¥259.12 Million 52.07%
Total Equity CN¥497.65 Million 100.00%

TVZone Media Co Ltd Competitors by Market Cap

The table below lists competitors of TVZone Media Co Ltd ranked by their market capitalization.

Company Market Cap
Ammo Inc
NASDAQ:POWW
 		$181.04 Million
Arch Resources Inc
NYSE:ARCH
 		$181.11 Million
Santhera Pharmaceuticals Holding AG
PINK:SPHDF
 		$181.15 Million
Eletromidia S.A
SA:ELMD3
 		$181.15 Million
SVEDBERGS DALS. B SK 125
F:Q49
 		$181.01 Million
SNT Holdings Co Ltd
KO:036530
 		$180.99 Million
455900
KQ:455900
 		$180.99 Million
GL Events SA
PINK:GLCDF
 		$180.94 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 514,686,608 to 497,650,265, a change of -17,036,343 (-3.3%).
  • Net loss of 17,036,342 reduced equity.
  • Dividend payments of 6,772,810 reduced retained earnings.
  • Other comprehensive income decreased equity by 28,676,058.
  • Other factors increased equity by 35,448,867.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-17.04 Million -3.42%
Dividends Paid CN¥6.77 Million -1.36%
Other Comprehensive Income CN¥-28.68 Million -5.76%
Other Changes CN¥35.45 Million +7.12%
Total Change CN¥- -3.31%

Book Value vs Market Value Analysis

This analysis compares TVZone Media 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: 5.42x
  • 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 9.50x to 5.42x 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¥2.17 CN¥20.59 x
2013-12-31 CN¥2.40 CN¥20.59 x
2014-12-31 CN¥2.62 CN¥20.59 x
2015-12-31 CN¥3.02 CN¥20.59 x
2016-12-31 CN¥3.39 CN¥20.59 x
2017-12-31 CN¥4.95 CN¥20.59 x
2018-12-31 CN¥4.12 CN¥20.59 x
2019-12-31 CN¥4.18 CN¥20.59 x
2020-12-31 CN¥4.00 CN¥20.59 x
2021-12-31 CN¥4.17 CN¥20.59 x
2022-12-31 CN¥4.18 CN¥20.59 x
2023-12-31 CN¥4.15 CN¥20.59 x
2024-12-31 CN¥3.80 CN¥20.59 x

Capital Efficiency Dashboard

This dashboard shows how efficiently TVZone Media 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): -3.42%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -5.68%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 1.75x
  • Recent ROE (-3.42%) is below the historical average (5.28%), 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 2.08% 2.30% 0.84x 1.08x CN¥-16.74 Million
2013 9.62% 11.92% 0.68x 1.20x CN¥-878.86K
2014 14.11% 18.68% 0.65x 1.17x CN¥10.48 Million
2015 13.01% 13.19% 0.82x 1.20x CN¥8.81 Million
2016 12.03% 8.85% 1.10x 1.23x CN¥6.77 Million
2017 11.81% 16.24% 0.60x 1.21x CN¥9.75 Million
2018 5.10% 8.74% 0.50x 1.16x CN¥-26.35 Million
2019 3.56% 7.19% 0.40x 1.23x CN¥-35.02 Million
2020 -4.61% -8.01% 0.49x 1.18x CN¥-75.93 Million
2021 4.14% 8.21% 0.39x 1.30x CN¥-31.77 Million
2022 2.91% 7.44% 0.23x 1.73x CN¥-38.49 Million
2023 -1.68% -3.74% 0.26x 1.72x CN¥-60.14 Million
2024 -3.42% -5.68% 0.35x 1.75x CN¥-66.80 Million

Industry Comparison

This section compares TVZone Media Co Ltd's net assets metrics with peer companies in the Broadcasting industry.

Industry Context

  • Industry: Broadcasting
  • Average net assets among peers: $4,683,018,351
  • Average return on equity (ROE) among peers: -1.54%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
TVZone Media Co Ltd (603721) CN¥503.48 Million 2.08% 0.69x $181.02 Million
Hubei Radio and Television Information Network Co Ltd (000665) $2.32 Billion 7.92% 0.43x $434.69 Million
H&R Century Union Corp (000892) $1.87 Billion -41.99% 0.42x $563.50 Million
Shenzhen Topway Video Communication Co Ltd (002238) $2.29 Billion 7.96% 0.70x $212.77 Million
Beijing Gehua CATV Network Co Ltd (600037) $13.43 Billion 4.33% 0.21x $885.73 Million
Jiangsu Broadcasting Cable inf (600959) $7.43 Billion 5.16% 0.30x $1.20 Billion
Guizhou Broadcasting&TV Info (600996) $756.58 Million 7.36% 3.20x $631.31 Million