Xinhuanet Co Ltd (603888) - Net Assets

Latest as of September 2025: CN¥3.68 Billion CNY ≈ $538.39 Million USD

Based on the latest financial reports, Xinhuanet Co Ltd (603888) has net assets worth CN¥3.68 Billion CNY (≈ $538.39 Million USD) 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 ≈ $720.83 Million USD) and total liabilities (CN¥1.25 Billion ≈ $182.44 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 Xinhuanet Co Ltd (603888) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore 603888 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Xinhuanet Co Ltd (603888) total market value.

Year	Net Assets	Change
2024-12-31	CN¥3.49 Billion ≈ $511.29 Million	+1.64%
2023-12-31	CN¥3.44 Billion ≈ $503.04 Million	+4.77%
2022-12-31	CN¥3.28 Billion ≈ $480.15 Million	+3.97%
2021-12-31	CN¥3.16 Billion ≈ $461.83 Million	+5.03%
2020-12-31	CN¥3.01 Billion ≈ $439.73 Million	+1.40%
2019-12-31	CN¥2.96 Billion ≈ $433.66 Million	+3.69%
2018-12-31	CN¥2.86 Billion ≈ $418.21 Million	+3.25%
2017-12-31	CN¥2.77 Billion ≈ $405.06 Million	+17.36%
2016-12-31	CN¥2.36 Billion ≈ $345.16 Million	+121.43%
2015-12-31	CN¥1.07 Billion ≈ $155.87 Million	+28.14%
2014-12-31	CN¥831.29 Million ≈ $121.64 Million	+19.23%
2013-12-31	CN¥697.22 Million ≈ $102.02 Million	+21.71%
2012-12-31	CN¥572.83 Million ≈ $83.82 Million	+161.46%
2011-12-31	CN¥219.09 Million ≈ $32.06 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
Austevoll Seafood ASA OL:AUSS	$1.98 Billion
Shenzhen Hepalink Pharmaceutical Co Ltd SHE:002399	$1.98 Billion
Shanghai Jahwa United Co Ltd SHG:600315	$1.98 Billion
ACME Solar Holdings Limited NSE:ACMESOLAR	$1.98 Billion
Craftsman Automation Limited NSE:CRAFTSMAN	$1.98 Billion
East Group Co Ltd SHE:300376	$1.98 Billion
Domain Holdings Australia Ltd AU:DHG	$1.98 Billion
King’s Town Bank TW:2809	$1.98 Billion

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: 3.88x
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 45.53x to 3.88x 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¥20.09	x
2012-12-31	CN¥1.13	CN¥20.09	x
2013-12-31	CN¥1.35	CN¥20.09	x
2014-12-31	CN¥1.63	CN¥20.09	x
2015-12-31	CN¥2.10	CN¥20.09	x
2016-12-31	CN¥4.40	CN¥20.09	x
2017-12-31	CN¥4.04	CN¥20.09	x
2018-12-31	CN¥4.20	CN¥20.09	x
2019-12-31	CN¥4.39	CN¥20.09	x
2020-12-31	CN¥4.45	CN¥20.09	x
2021-12-31	CN¥4.68	CN¥20.09	x
2022-12-31	CN¥4.86	CN¥20.09	x
2023-12-31	CN¥5.09	CN¥20.09	x
2024-12-31	CN¥5.18	CN¥20.09	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: $964,623,815
Average return on equity (ROE) among peers: 14.77%

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	$1.98 Billion
Visual China Group Co Ltd (000681)	$2.33 Billion	9.20%	0.51x	$2.24 Billion
Shanghai Ganglian E Commerce (300226)	$71.66 Million	27.44%	0.77x	$1.16 Billion
Everyday Network (300295)	$1.35 Billion	2.00%	0.33x	$350.16 Million
Hubei Century Network Technology Co Ltd (300494)	$796.21 Million	9.61%	0.08x	$791.70 Million
Beijing Zhidemai Technology (300785)	$327.68 Million	29.21%	0.58x	$1.44 Billion
Zhejiang Daily Media Group Co Ltd (600633)	$1.13 Billion	19.37%	0.44x	$2.43 Billion
Beijing Bohui Science & Technology Co Ltd (688004)	$748.14 Million	6.57%	0.12x	$272.01 Million

About Xinhuanet Co Ltd

SHG:603888 China Internet Content & Information

Market Cap

$1.98 Billion

CN¥13.56 Billion CNY

Market Cap Rank

#6303 Global

#1397 in China

Share Price

CN¥20.09

Change (1 day)

-1.33%

52-Week Range

CN¥18.70 - CN¥29.60

All Time High

CN¥48.70