Duzhe Publishing & Media Corp
DuZhe Publish&Media Co.,Ltd engages in the publication, distribution, and reading services. It publishes newspapers and periodicals, books, and textbooks. The company also publishes electronic papers, such as journals, books, textbooks, and supplementary materials; and offers digital products, online education, and other products, as well as offers cultural creativity products. In addition, it of… Read more
Duzhe Publishing & Media Corp (603999) - Net Assets
Latest net assets as of June 2025: CN¥2.03 Billion CNY
Based on the latest financial reports, Duzhe Publishing & Media Corp (603999) has net assets worth CN¥2.03 Billion 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¥2.54 Billion) and total liabilities (CN¥514.03 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¥2.03 Billion |
| % of Total Assets | 79.79% |
| Annual Growth Rate | 8.36% |
| 5-Year Change | 13.03% |
| 10-Year Change | 22.08% |
| Growth Volatility | 17.23 |
Duzhe Publishing & Media Corp - Net Assets Trend (2012–2024)
This chart illustrates how Duzhe Publishing & Media Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Duzhe Publishing & Media Corp (2012–2024)
The table below shows the annual net assets of Duzhe Publishing & Media Corp from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.01 Billion | +1.63% |
| 2023-12-31 | CN¥1.98 Billion | +4.60% |
| 2022-12-31 | CN¥1.89 Billion | +0.23% |
| 2021-12-31 | CN¥1.89 Billion | +6.08% |
| 2020-12-31 | CN¥1.78 Billion | +2.11% |
| 2019-12-31 | CN¥1.74 Billion | +0.72% |
| 2018-12-31 | CN¥1.73 Billion | -0.71% |
| 2017-12-31 | CN¥1.74 Billion | +2.71% |
| 2016-12-31 | CN¥1.70 Billion | +2.98% |
| 2015-12-31 | CN¥1.65 Billion | +64.13% |
| 2014-12-31 | CN¥1.00 Billion | +11.31% |
| 2013-12-31 | CN¥901.44 Million | +17.56% |
| 2012-12-31 | CN¥766.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Duzhe Publishing & Media Corp'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 166.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.04 Billion | 52.31% |
| Other Components | CN¥946.59 Million | 47.69% |
| Total Equity | CN¥1.99 Billion | 100.00% |
Duzhe Publishing & Media Corp Competitors by Market Cap
The table below lists competitors of Duzhe Publishing & Media Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
APAQ Technology Co Ltd
TW:6449
|
$232.04 Million |
|
Citi Trends Inc
NASDAQ:CTRN
|
$232.07 Million |
|
Mo-Bruk SA
WAR:MBR
|
$232.09 Million |
|
DI Dong Il Corp
KO:001530
|
$232.14 Million |
|
PAN Group JSC
VN:PAN
|
$231.96 Million |
|
Taimide Tech Inc
TW:3645
|
$231.88 Million |
|
Worldex Industry & Trading Co. Ltd
KQ:101160
|
$231.87 Million |
|
ARTS Group Co Ltd
SHG:603017
|
$231.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Duzhe Publishing & Media Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,953,149,077 to 1,985,065,284, a change of 31,916,207 (1.6%).
- Net income of 62,257,029 contributed positively to equity growth.
- Dividend payments of 29,952,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥62.26 Million | +3.14% |
| Dividends Paid | CN¥29.95 Million | -1.51% |
| Other Changes | CN¥-388.82K | -0.02% |
| Total Change | CN¥- | 1.63% |
Book Value vs Market Value Analysis
This analysis compares Duzhe Publishing & Media Corp'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: 2.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.48x to 2.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.93 | CN¥7.29 | x |
| 2018-12-31 | CN¥2.92 | CN¥7.29 | x |
| 2019-12-31 | CN¥2.94 | CN¥7.29 | x |
| 2020-12-31 | CN¥3.04 | CN¥7.29 | x |
| 2021-12-31 | CN¥3.23 | CN¥7.29 | x |
| 2022-12-31 | CN¥3.24 | CN¥7.29 | x |
| 2023-12-31 | CN¥3.39 | CN¥7.29 | x |
| 2024-12-31 | CN¥3.45 | CN¥7.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Duzhe Publishing & Media Corp 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): 3.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.44%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.29x
- Recent ROE (3.14%) is below the historical average (4.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 6.39% | 12.31% | 0.43x | 1.21x | CN¥-57.49 Million |
| 2016 | 5.13% | 11.22% | 0.39x | 1.18x | CN¥-80.11 Million |
| 2017 | 4.45% | 9.53% | 0.40x | 1.17x | CN¥-93.73 Million |
| 2018 | 2.53% | 5.58% | 0.38x | 1.19x | CN¥-125.51 Million |
| 2019 | 3.82% | 6.65% | 0.47x | 1.21x | CN¥-104.79 Million |
| 2020 | 4.25% | 6.85% | 0.51x | 1.22x | CN¥-100.65 Million |
| 2021 | 4.57% | 6.96% | 0.53x | 1.24x | CN¥-100.91 Million |
| 2022 | 4.61% | 6.65% | 0.53x | 1.31x | CN¥-100.45 Million |
| 2023 | 5.03% | 7.58% | 0.52x | 1.29x | CN¥-97.15 Million |
| 2024 | 3.14% | 6.44% | 0.38x | 1.29x | CN¥-136.25 Million |
Industry Comparison
This section compares Duzhe Publishing & Media Corp'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 |
|---|---|---|---|---|
| Duzhe Publishing & Media Corp (603999) | CN¥2.03 Billion | 6.39% | 0.25x | $231.98 Million |
| Huamei Holding (000607) | $473.81 Million | 12.41% | 1.07x | $261.10 Million |
| Central China Land Media Co Ltd (000719) | $281.54 Million | 6.37% | 1.86x | $517.78 Million |
| Guangdong Guangzhou Daily Media Co Ltd (002181) | $3.61 Billion | -1.50% | 0.21x | $546.22 Million |
| Tangel Publishing (300148) | $97.11 Million | 20.83% | 0.22x | $453.23 Million |
| Citic Press Corp (300788) | $334.80 Million | 30.18% | 1.35x | $227.12 Million |
| Dook Media Group Limited (301025) | $609.67 Million | -0.54% | 0.20x | $157.08 Million |
| GUOMAI Culture & Media Co. Ltd. (301052) | $554.07 Million | 10.24% | 0.24x | $312.18 Million |
| Ronshin Group A (301231) | $912.58 Million | 1.09% | 0.05x | $248.06 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 |