Jiangsu Broadcasting Cable inf

SHG:600959 China Broadcasting
Market Cap
$2.74 Billion
CN¥20.10 Billion CNY
Market Cap Rank
#6604 Global
#1026 in China
Share Price
CN¥4.02
Change (1 day)
-2.43%
52-Week Range
CN¥3.02 - CN¥4.64
All Time High
CN¥18.33
About

Jiangsu Broadcasting Cable Information Network Corporation Limited engages in the construction and operation of radio and television networks in China. It is also involved in the development, operation, and transmission of radio and television programs, data broadband services, and digital TV value-added services, as well as 5G communication technology services. The company was founded in 2008 an… Read more

Jiangsu Broadcasting Cable inf (600959) - Total Assets

Latest total assets as of September 2025: CN¥36.72 Billion CNY

Based on the latest financial reports, Jiangsu Broadcasting Cable inf (600959) holds total assets worth CN¥36.72 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.

Jiangsu Broadcasting Cable inf - Total Assets Trend (2009–2024)

This chart illustrates how Jiangsu Broadcasting Cable inf’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Jiangsu Broadcasting Cable inf - Asset Composition Analysis

Current Asset Composition (December 2024)

Jiangsu Broadcasting Cable inf's total assets of CN¥36.72 Billion consist of 33.1% current assets and 66.9% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 13.7%
Accounts Receivable CN¥1.96 Billion 5.2%
Inventory CN¥1.78 Billion 4.8%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥594.94 Million 1.6%
Goodwill CN¥47.32 Million 0.1%

Asset Composition Trend (2009–2024)

This chart illustrates how Jiangsu Broadcasting Cable inf'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: Jiangsu Broadcasting Cable inf's current assets represent 33.1% of total assets in 2024, an increase from 13.3% in 2009.
  • Cash Position: Cash and equivalents constituted 13.7% of total assets in 2024, up from 6.7% in 2009.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2009.
  • Asset Diversification: The largest asset category is accounts receivable at 5.2% of total assets.

Jiangsu Broadcasting Cable inf Competitors by Total Assets

Key competitors of Jiangsu Broadcasting Cable inf based on total assets are shown below.

Company Country Total Assets
Hubei Radio and Television Information Network Co Ltd
SHE:000665
China CN¥9.94 Billion
H&R Century Union Corp
SHE:000892
China CN¥1.68 Billion
Shenzhen Topway Video Communication Co Ltd
SHE:002238
China CN¥4.00 Billion
Galaxia SM Inc
KO:011420
Korea ₩89.84 Billion
LG HelloVision Corp
KO:037560
Korea ₩1.26 Trillion
Kt Skylife
KO:053210
Korea ₩989.86 Billion
KMH Co. Ltd
KQ:122450
Korea ₩872.63 Billion
Aniplus Inc
KQ:310200
Korea ₩289.02 Billion

Jiangsu Broadcasting Cable inf - 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

Historical Range: 0.17 - 0.25

Lower asset utilization - Jiangsu Broadcasting Cable inf generates 0.21x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.50% - 4.17%

Moderate ROA - For every $100 in assets, Jiangsu Broadcasting Cable inf generates $ 0.97 in net profit.

Jiangsu Broadcasting Cable inf - 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 1.02 0.99 0.75
Quick Ratio 0.86 0.86 0.65
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥194.31 Million CN¥ -111.60 Million CN¥ -2.86 Billion

Jiangsu Broadcasting Cable inf - Advanced Valuation Insights

This section examines the relationship between Jiangsu Broadcasting Cable inf'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 0.88
Latest Market Cap to Assets Ratio 0.03
Asset Growth Rate (YoY) 0.7%
Total Assets CN¥37.51 Billion
Market Capitalization $1.20 Billion USD

Valuation Analysis

Below Book Valuation: The market values Jiangsu Broadcasting Cable inf's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Jiangsu Broadcasting Cable inf's assets grew by 0.7% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Jiangsu Broadcasting Cable inf (2009–2024)

The table below shows the annual total assets of Jiangsu Broadcasting Cable inf from 2009 to 2024.

Year Total Assets Change
2024-12-31 CN¥37.51 Billion +0.73%
2023-12-31 CN¥37.24 Billion +0.85%
2022-12-31 CN¥36.93 Billion +4.95%
2021-12-31 CN¥35.19 Billion +4.37%
2020-12-31 CN¥33.71 Billion +3.47%
2019-12-31 CN¥32.58 Billion +1.09%
2018-12-31 CN¥32.23 Billion +0.08%
2017-12-31 CN¥32.20 Billion +1.72%
2016-12-31 CN¥31.66 Billion +70.36%
2015-12-31 CN¥18.58 Billion +23.64%
2014-12-31 CN¥15.03 Billion +6.79%
2013-12-31 CN¥14.07 Billion +7.90%
2012-12-31 CN¥13.04 Billion +13.59%
2011-12-31 CN¥11.48 Billion +10.31%
2010-12-31 CN¥10.41 Billion +7.33%
2009-12-31 CN¥9.70 Billion --