Sichuan Newsnet Media (Group) Co.Ltd.
Sichuan Newsnet Media (Group) Co.,Ltd. engages in the media integrated marketing, mobile information services, and interactive TV businesses in China. It owns and operates media platforms, including websites, mobile newspapers, Weibo, WeChat, forum communities and interactive TV, etc. The company also provides various online, offline and a combination of both publicity services, such as publicity… Read more
Sichuan Newsnet Media (Group) Co.Ltd. (300987) - Total Assets
Latest total assets as of June 2025: CN¥1.12 Billion CNY
Based on the latest financial reports, Sichuan Newsnet Media (Group) Co.Ltd. (300987) holds total assets worth CN¥1.12 Billion CNY as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Sichuan Newsnet Media (Group) Co.Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Sichuan Newsnet Media (Group) Co.Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sichuan Newsnet Media (Group) Co.Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Sichuan Newsnet Media (Group) Co.Ltd.'s total assets of CN¥1.12 Billion consist of 54.2% current assets and 45.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 41.2% |
| Accounts Receivable | CN¥85.14 Million | 7.2% |
| Inventory | CN¥1.25 Million | 0.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥12.19 Million | 1.0% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Sichuan Newsnet Media (Group) Co.Ltd.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sichuan Newsnet Media (Group) Co.Ltd.'s current assets represent 54.2% of total assets in 2024, a decrease from 68.5% in 2019.
- Cash Position: Cash and equivalents constituted 41.2% of total assets in 2024, down from 53.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 7.2% of total assets.
Sichuan Newsnet Media (Group) Co.Ltd. Competitors by Total Assets
Key competitors of Sichuan Newsnet Media (Group) Co.Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Genimous Technology Co Ltd
SHE:000676
|
China | CN¥5.12 Billion |
|
PUC Bhd
KLSE:0007
|
Malaysia | RM188.26 Million |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
China | CN¥16.44 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
China | CN¥23.79 Billion |
|
NanJi ECommerce Co Ltd
SHE:002127
|
China | CN¥4.84 Billion |
|
Leo Group Co Ltd
SHE:002131
|
China | CN¥21.89 Billion |
|
Foshan Saturday Shoes Co Ltd
SHE:002291
|
China | CN¥4.97 Billion |
|
Guangdong Advertising Co Ltd
SHE:002400
|
China | CN¥11.09 Billion |
Sichuan Newsnet Media (Group) Co.Ltd. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Sichuan Newsnet Media (Group) Co.Ltd. generates 0.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Sichuan Newsnet Media (Group) Co.Ltd. generates $ 2.01 in net profit.
Sichuan Newsnet Media (Group) Co.Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.52 | 5.33 | 8.10 |
| Quick Ratio | 3.51 | 5.33 | 8.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥473.17 Million | CN¥ 479.03 Million | CN¥ 564.98 Million |
Sichuan Newsnet Media (Group) Co.Ltd. - Advanced Valuation Insights
This section examines the relationship between Sichuan Newsnet Media (Group) Co.Ltd.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.04 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | 22.4% |
| Total Assets | CN¥1.18 Billion |
| Market Capitalization | $187.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sichuan Newsnet Media (Group) Co.Ltd.'s assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sichuan Newsnet Media (Group) Co.Ltd.'s assets grew by 22.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sichuan Newsnet Media (Group) Co.Ltd. (2019–2024)
The table below shows the annual total assets of Sichuan Newsnet Media (Group) Co.Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.18 Billion | +22.39% |
| 2023-12-31 | CN¥967.34 Million | +5.36% |
| 2022-12-31 | CN¥918.11 Million | -2.43% |
| 2021-12-31 | CN¥940.95 Million | +38.55% |
| 2020-12-31 | CN¥679.13 Million | +10.67% |
| 2019-12-31 | CN¥613.66 Million | -- |