Zhejiang Publishing & Media Co Ltd (601921) - Total Assets
Based on the latest financial reports, Zhejiang Publishing & Media Co Ltd (601921) holds total assets worth CN¥21.82 Billion CNY (≈ $3.19 Billion USD) 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. See 601921 total equity for net asset value and shareholders' equity analysis.
Zhejiang Publishing & Media Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Zhejiang Publishing & Media Co Ltd's total assets have evolved over time, based on quarterly financial data.
Zhejiang Publishing & Media Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Publishing & Media Co Ltd's total assets of CN¥21.82 Billion consist of 76.0% current assets and 24.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 27.7% |
| Accounts Receivable | CN¥1.24 Billion | 5.7% |
| Inventory | CN¥3.16 Billion | 14.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥703.78 Million | 3.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Zhejiang Publishing & Media 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. For live market cap, price, and company overview, see Zhejiang Publishing & Media Co Ltd (601921) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Publishing & Media Co Ltd's current assets represent 76.0% of total assets in 2024, an increase from 68.7% in 2017.
- Cash Position: Cash and equivalents constituted 27.7% of total assets in 2024, up from 23.5% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 6.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 14.5% of total assets.
Zhejiang Publishing & Media Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Publishing & Media Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mr. Blue Corporation
KQ:207760
|
Korea | ₩91.79 Billion |
|
Guangdong Guangzhou Daily Media Co Ltd
SHE:002181
|
China | CN¥5.13 Billion |
|
China Publishing & Media Hldg
SHG:601949
|
China | CN¥16.03 Billion |
|
Qingdao Citymedia Co Ltd
SHG:600229
|
China | CN¥4.22 Billion |
|
Tangel Publishing
SHE:300148
|
China | CN¥1.48 Billion |
|
Ronshin Group A
SHE:301231
|
China | CN¥942.77 Million |
|
Dogan Burda Dergi Yayincilik ve Pazarlama AS
IS:DOBUR
|
Turkey | TL352.39 Million |
|
Postmedia Network Canada Corp
TO:PNC-A
|
Canada | CA$134.18 Million |
Zhejiang Publishing & Media 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 | 2.10 | 1.88 | 1.60 |
| Quick Ratio | 1.57 | 1.38 | 1.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥8.77 Billion | CN¥7.97 Billion | CN¥4.20 Billion |
Zhejiang Publishing & Media Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Publishing & Media 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 | 1.29 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -2.2% |
| Total Assets | CN¥21.76 Billion |
| Market Capitalization | $2.47 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Publishing & Media Co Ltd's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Publishing & Media Co Ltd's assets decreased by 2.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Publishing & Media Co Ltd (2017–2024)
The table below shows the annual total assets of Zhejiang Publishing & Media Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥21.76 Billion ≈ $3.18 Billion |
-2.25% |
| 2023-12-31 | CN¥22.26 Billion ≈ $3.26 Billion |
+0.87% |
| 2022-12-31 | CN¥22.07 Billion ≈ $3.23 Billion |
+7.15% |
| 2021-12-31 | CN¥20.60 Billion ≈ $3.01 Billion |
+27.70% |
| 2020-12-31 | CN¥16.13 Billion ≈ $2.36 Billion |
+10.02% |
| 2019-12-31 | CN¥14.66 Billion ≈ $2.15 Billion |
+5.60% |
| 2018-12-31 | CN¥13.88 Billion ≈ $2.03 Billion |
+3.11% |
| 2017-12-31 | CN¥13.47 Billion ≈ $1.97 Billion |
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About Zhejiang Publishing & Media Co Ltd
Zhejiang Publishing & Media Co., Ltd. engages in publishing, distribution, and printing activities in China. It publishes books, periodicals, newspapers, electronic publications, audio-visual products, and media, as well as digital publishing, media, and marketing, information technology, and online education services. The company was formerly known as Zhejiang Publishing Media Co., Ltd. and chan… Read more