Duzhe Publishing & Media Corp (603999) - Net Assets

Latest as of June 2025: CN¥2.03 Billion CNY ≈ $296.91 Million USD

Based on the latest financial reports, Duzhe Publishing & Media Corp (603999) has net assets worth CN¥2.03 Billion CNY (≈ $296.91 Million USD) 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 ≈ $372.13 Million USD) and total liabilities (CN¥514.03 Million ≈ $75.22 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 asset resilience ratio of Duzhe Publishing & Media Corp to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Duzhe Publishing & Media Corp for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Duzhe Publishing & Media Corp (603999) total market value.

Year	Net Assets	Change
2024-12-31	CN¥2.01 Billion ≈ $294.20 Million	+1.63%
2023-12-31	CN¥1.98 Billion ≈ $289.48 Million	+4.60%
2022-12-31	CN¥1.89 Billion ≈ $276.75 Million	+0.23%
2021-12-31	CN¥1.89 Billion ≈ $276.12 Million	+6.08%
2020-12-31	CN¥1.78 Billion ≈ $260.29 Million	+2.11%
2019-12-31	CN¥1.74 Billion ≈ $254.91 Million	+0.72%
2018-12-31	CN¥1.73 Billion ≈ $253.09 Million	-0.71%
2017-12-31	CN¥1.74 Billion ≈ $254.89 Million	+2.71%
2016-12-31	CN¥1.70 Billion ≈ $248.16 Million	+2.98%
2015-12-31	CN¥1.65 Billion ≈ $240.98 Million	+64.13%
2014-12-31	CN¥1.00 Billion ≈ $146.82 Million	+11.31%
2013-12-31	CN¥901.44 Million ≈ $131.91 Million	+17.56%
2012-12-31	CN¥766.79 Million ≈ $112.21 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
Il Dong Pharmaceutical Co Ltd KO:249420	$565.84 Million
Changzhou Architectural Research Institute Group Co. Ltd. A SHE:301115	$565.84 Million
Wuhan Langold Real Estate Co Ltd SHE:002305	$565.91 Million
BETTERWARE DE MEXICO SAPI F:BM0	$566.11 Million
Mills Estruturas e Serviços de Engenharia S.A SA:MILS3	$565.39 Million
SNT Motiv Co Ltd KO:064960	$565.33 Million
Regulus Therapeutics Inc NASDAQ:RGLS	$564.95 Million
uPI Semiconductor Corp TW:6719	$564.87 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: 1.95x
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 2.29x to 1.95x 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¥6.71	x
2018-12-31	CN¥2.92	CN¥6.71	x
2019-12-31	CN¥2.94	CN¥6.71	x
2020-12-31	CN¥3.04	CN¥6.71	x
2021-12-31	CN¥3.23	CN¥6.71	x
2022-12-31	CN¥3.24	CN¥6.71	x
2023-12-31	CN¥3.39	CN¥6.71	x
2024-12-31	CN¥3.45	CN¥6.71	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: $1,644,330,794
Average return on equity (ROE) among peers: 4.14%

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	$565.57 Million
Huamei Holding (000607)	$872.59 Million	-22.82%	2.51x	$616.53 Million
Central China Land Media Co Ltd (000719)	$7.76 Billion	9.51%	0.49x	$2.01 Billion
Guangdong Guangzhou Daily Media Co Ltd (002181)	$3.97 Billion	1.37%	0.11x	$2.80 Billion
Tangel Publishing (300148)	$533.63 Million	3.56%	0.13x	$513.03 Million
Citic Press Corp (300788)	$745.32 Million	24.33%	0.91x	$990.02 Million
Dook Media Group Limited (301025)	$609.67 Million	-0.54%	0.20x	$659.00 Million
GUOMAI Culture & Media Co. Ltd. (301052)	$391.09 Million	10.46%	0.30x	$466.86 Million
Ronshin Group A (301231)	$428.68 Million	9.48%	0.25x	$370.51 Million
Qingdao Citymedia Co Ltd (600229)	$873.31 Million	3.50%	1.17x	$611.03 Million
Chinese Universe Publishing And Media Co Ltd (600373)	$257.88 Million	2.57%	1.20x	$1.64 Billion

About Duzhe Publishing & Media Corp

SHG:603999 China Publishing

Market Cap

$565.57 Million

CN¥3.86 Billion CNY

Market Cap Rank

#11904 Global

#3657 in China

Share Price

CN¥6.71

Change (1 day)

-0.15%

52-Week Range

CN¥5.99 - CN¥8.87

All Time High

CN¥30.24