Zhejiang Daily Media Group Co Ltd
Zhejiang Daily Digital Culture Group Co.,Ltd, together with its subsidiaries, operates as an internet digital cultural company in China and internationally. It is involved in digital technology and cultural industry investment; investment management; provision of consulting services; design, production, agency, and release of various domestic advertisements; provision of copyright information con… Read more
Zhejiang Daily Media Group Co Ltd (600633) - Total Assets
Latest total assets as of September 2025: CN¥12.65 Billion CNY
Based on the latest financial reports, Zhejiang Daily Media Group Co Ltd (600633) holds total assets worth CN¥12.65 Billion CNY as of September 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.
Zhejiang Daily Media Group Co Ltd - Total Assets Trend (1992–2024)
This chart illustrates how Zhejiang Daily Media Group Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Daily Media Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Daily Media Group Co Ltd's total assets of CN¥12.65 Billion consist of 23.9% current assets and 76.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.3% |
| Accounts Receivable | CN¥820.83 Million | 6.7% |
| Inventory | CN¥85.36 Million | 0.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥698.06 Million | 5.7% |
| Goodwill | CN¥4.26 Billion | 34.5% |
Asset Composition Trend (1992–2024)
This chart illustrates how Zhejiang Daily 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: Zhejiang Daily Media Group Co Ltd's current assets represent 23.9% of total assets in 2024, a decrease from 61.4% in 1992.
- Cash Position: Cash and equivalents constituted 11.3% of total assets in 2024, down from 19.3% in 1992.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, an increase from 0.0% in 1992.
- Asset Diversification: The largest asset category is goodwill at 34.5% of total assets.
Zhejiang Daily Media Group Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Daily Media Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SportsHero Limited
PINK:NIROF
|
USA | $527.01K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
Zhejiang Daily 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 - Zhejiang Daily Media Group Co Ltd generates 0.25x 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, Zhejiang Daily Media Group Co Ltd generates $ 4.15 in net profit.
Zhejiang Daily 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 | 3.04 | 2.14 | 1.50 |
| Quick Ratio | 2.92 | 2.09 | 1.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.23 Billion | CN¥ 1.44 Billion | CN¥ 855.63 Million |
Zhejiang Daily Media Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Daily 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 | 1.60 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | -4.4% |
| Total Assets | CN¥12.34 Billion |
| Market Capitalization | $1.11 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Daily Media Group Co Ltd's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Daily Media Group Co Ltd's assets decreased by 4.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Daily Media Group Co Ltd (1992–2024)
The table below shows the annual total assets of Zhejiang Daily Media Group Co Ltd from 1992 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.34 Billion | -4.43% |
| 2023-12-31 | CN¥12.91 Billion | +5.82% |
| 2022-12-31 | CN¥12.20 Billion | +2.47% |
| 2021-12-31 | CN¥11.91 Billion | +6.42% |
| 2020-12-31 | CN¥11.19 Billion | -0.05% |
| 2019-12-31 | CN¥11.19 Billion | +11.70% |
| 2018-12-31 | CN¥10.02 Billion | +1.37% |
| 2017-12-31 | CN¥9.89 Billion | +6.08% |
| 2016-12-31 | CN¥9.32 Billion | +16.21% |
| 2015-12-31 | CN¥8.02 Billion | +13.19% |
| 2014-12-31 | CN¥7.08 Billion | +7.97% |
| 2013-12-31 | CN¥6.56 Billion | +149.51% |
| 2012-12-31 | CN¥2.63 Billion | +62.63% |
| 2011-12-31 | CN¥1.62 Billion | +623.92% |
| 2010-12-31 | CN¥223.39 Million | +8.09% |
| 2009-12-31 | CN¥206.67 Million | -13.27% |
| 2008-12-31 | CN¥238.29 Million | -16.56% |
| 2007-12-31 | CN¥285.57 Million | -2.49% |
| 2006-12-31 | CN¥292.85 Million | -8.80% |
| 2005-12-31 | CN¥321.10 Million | -2.07% |
| 2004-12-31 | CN¥327.89 Million | -6.19% |
| 2003-12-31 | CN¥349.53 Million | +3.28% |
| 2002-12-31 | CN¥338.42 Million | -10.75% |
| 2001-12-31 | CN¥379.20 Million | -32.00% |
| 2000-12-31 | CN¥557.60 Million | -21.08% |
| 1999-12-31 | CN¥706.54 Million | -0.15% |
| 1998-12-31 | CN¥707.60 Million | -23.96% |
| 1997-12-31 | CN¥930.51 Million | -11.41% |
| 1996-12-31 | CN¥1.05 Billion | +6.68% |
| 1995-12-31 | CN¥984.57 Million | +28.61% |
| 1994-12-31 | CN¥765.54 Million | +21.10% |
| 1993-12-31 | CN¥632.16 Million | +57.37% |
| 1992-12-31 | CN¥401.71 Million | -- |