Xinhuanet Co Ltd

SHG:603888 China Internet Content & Information
Market Cap
$1.91 Billion
CN¥14.03 Billion CNY
Market Cap Rank
#8876 Global
#1742 in China
Share Price
CN¥20.79
Change (1 day)
-2.03%
52-Week Range
CN¥18.70 - CN¥29.60
All Time High
CN¥48.70
Categories
Companies in China Internet Content & Information Technology AI & Machine Learning
About

Xinhuanet Co., Ltd. operates a news information service portal in China. The company publishes news from local channels PC; foreign language websites; English, French, Spanish, Russian, Arabic, Japanese, Korean, German and Portuguese, Xinhuanet Client, and Xinhuanet International clients. It also provides online advertising and information services; multimedia information services, big data intel… Read more

Xinhuanet Co Ltd (603888) - Net Assets

Latest net assets as of September 2025: CN¥3.68 Billion CNY

Based on the latest financial reports, Xinhuanet Co Ltd (603888) has net assets worth CN¥3.68 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¥4.93 Billion) and total liabilities (CN¥1.25 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¥3.68 Billion
% of Total Assets 74.69%
Annual Growth Rate 23.74%
5-Year Change 16.27%
10-Year Change 228.02%
Growth Volatility 48.8

Xinhuanet Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Xinhuanet 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 Xinhuanet Co Ltd (2011–2024)

The table below shows the annual net assets of Xinhuanet Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.49 Billion +1.64%
2023-12-31 CN¥3.44 Billion +4.77%
2022-12-31 CN¥3.28 Billion +3.97%
2021-12-31 CN¥3.16 Billion +5.03%
2020-12-31 CN¥3.01 Billion +1.40%
2019-12-31 CN¥2.96 Billion +3.69%
2018-12-31 CN¥2.86 Billion +3.25%
2017-12-31 CN¥2.77 Billion +17.36%
2016-12-31 CN¥2.36 Billion +121.43%
2015-12-31 CN¥1.07 Billion +28.14%
2014-12-31 CN¥831.29 Million +19.23%
2013-12-31 CN¥697.22 Million +21.71%
2012-12-31 CN¥572.83 Million +161.46%
2011-12-31 CN¥219.09 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xinhuanet 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 952.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.25 Billion 35.65%
Common Stock CN¥519.03 Million 14.85%
Other Components CN¥1.73 Billion 49.50%
Total Equity CN¥3.49 Billion 100.00%

Xinhuanet Co Ltd Competitors by Market Cap

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

Company Market Cap
Wereldhave N.V
PINK:WRDEF
 		$678.07 Million
Equitas Small Finance Bank Limited
NSE:EQUITASBNK
 		$678.10 Million
Hangzhou Steam Turbine
SHE:200771
 		$678.61 Million
Almirall S.A
PINK:LBTSF
 		$678.91 Million
North Huajin Chemical Industries Co Ltd
SHE:000059
 		$677.73 Million
Modern Times Group Mtg AB
ST:MTG-B
 		$677.61 Million
Tsakos Energy Navigation Ltd
NYSE:TEN
 		$677.53 Million
Yipinhong Pharmaceutical Co Ltd Class A
SHE:300723
 		$677.42 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,437,655,428 to 3,494,062,400, a change of 56,406,972 (1.6%).
  • Net income of 233,926,953 contributed positively to equity growth.
  • Dividend payments of 165,362,594 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥233.93 Million +6.69%
Dividends Paid CN¥165.36 Million -4.73%
Other Changes CN¥-12.16 Million -0.35%
Total Change CN¥- 1.64%

Book Value vs Market Value Analysis

This analysis compares Xinhuanet 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: 4.01x
  • 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 47.12x to 4.01x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 CN¥0.44 CN¥20.79 x
2012-12-31 CN¥1.13 CN¥20.79 x
2013-12-31 CN¥1.35 CN¥20.79 x
2014-12-31 CN¥1.63 CN¥20.79 x
2015-12-31 CN¥2.10 CN¥20.79 x
2016-12-31 CN¥4.40 CN¥20.79 x
2017-12-31 CN¥4.04 CN¥20.79 x
2018-12-31 CN¥4.20 CN¥20.79 x
2019-12-31 CN¥4.39 CN¥20.79 x
2020-12-31 CN¥4.45 CN¥20.79 x
2021-12-31 CN¥4.68 CN¥20.79 x
2022-12-31 CN¥4.86 CN¥20.79 x
2023-12-31 CN¥5.09 CN¥20.79 x
2024-12-31 CN¥5.18 CN¥20.79 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinhuanet 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): 6.69%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.92%
  • • Asset Turnover: 0.42x
  • • Equity Multiplier: 1.47x
  • Recent ROE (6.69%) is below the historical average (16.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 60.00% 47.29% 0.45x 2.80x CN¥109.54 Million
2012 24.20% 41.04% 0.33x 1.79x CN¥79.79 Million
2013 24.41% 36.73% 0.39x 1.70x CN¥98.80 Million
2014 22.82% 29.65% 0.47x 1.65x CN¥105.58 Million
2015 24.63% 26.30% 0.57x 1.65x CN¥155.82 Million
2016 11.88% 20.58% 0.41x 1.39x CN¥44.33 Million
2017 10.40% 18.91% 0.40x 1.38x CN¥11.04 Million
2018 10.06% 18.17% 0.40x 1.40x CN¥1.74 Million
2019 9.71% 18.34% 0.37x 1.42x CN¥-8.47 Million
2020 5.49% 11.51% 0.33x 1.46x CN¥-135.56 Million
2021 6.67% 12.21% 0.36x 1.53x CN¥-105.09 Million
2022 7.38% 12.48% 0.37x 1.58x CN¥-85.96 Million
2023 7.96% 13.14% 0.40x 1.51x CN¥-70.26 Million
2024 6.69% 10.92% 0.42x 1.47x CN¥-115.48 Million

Industry Comparison

This section compares Xinhuanet Co Ltd's net assets metrics with peer companies in the Internet Content & Information industry.

Industry Context

  • Industry: Internet Content & Information
  • Average net assets among peers: $2,711,442,331
  • Average return on equity (ROE) among peers: 5.97%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xinhuanet Co Ltd (603888) CN¥3.68 Billion 60.00% 0.34x $677.99 Million
Visual China Group Co Ltd (000681) $129.26 Million 0.49% 0.02x $1.43 Billion
Shanghai Ganglian E Commerce (300226) $3.38 Billion 6.41% 2.86x $796.81 Million
Everyday Network (300295) $1.19 Billion 7.91% 0.28x $226.32 Million
Hubei Century Network Technology Co Ltd (300494) $1.12 Billion 5.42% 0.38x $595.54 Million
Beijing Zhidemai Technology (300785) $1.78 Billion 10.09% 0.25x $689.88 Million
Zhejiang Daily Media Group Co Ltd (600633) $8.67 Billion 5.51% 0.16x $1.11 Billion