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Xinhuanet Co., Ltd (China)

Main Activities: Other Information Services | Advertising, Public Relations, and Related Services
Full name: Xinhuanet Co., Ltd Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Xinhuanet Co., Ltd, also known as Xinhua News Agency, is a national and international news agency based in Beijing, China. It was established in 1931 as the Red China News Agency and later changed its name to Xinhua News Agency in 1937. Xinhua News Agency is responsible for centralized and unified release of authoritative news from the Chinese Communist Party and the government. It has 31 branch offices, 10 support offices, and 182 overseas offices, including 7 main branch offices. Xinhua News Agency has a global news information collection network and a multi-language, multi-media, multi-channel, multi-level, and multi-functional news communication system. It provides media products such as text, images, charts, audio, and video to over 8,000 news organizations worldwide. Xinhua News Agency is committed to promoting the Party's propositions, reflecting the voice of the people, recording the spirit of the times, and disseminating the voice of China. It aims to enhance its communication, guidance, influence, and credibility, better serving the Party, the country, and the people. Xinhua News Agency is recognized as a world-class media organization with global influence and has signed news cooperation agreements with media institutions in nearly 120 countries and regions. It has also collaborated with over 20 United Nations agencies and international organizations for public welfare actions. Xinhua News Agency is actively strengthening its international communication and cooperation, initiating various multilateral media exchange and cooperation mechanisms. It is also focusing on building a comprehensive media communication system and promoting media integration and development. Xinhua News Agency has various information products, including Xinhua Finance, Xinhua Silk Road, Xinhua Credit, and Xinhua Index, serving over 100,000 economic information institutions. It also operates several newspapers and magazines, such as Xinhua Daily Telegraph, Reference News, Economic Information Daily, China Securities Journal, Shanghai Securities News, Outlook Weekly, and Half-Month Talk. Xinhua News Agency is dedicated to becoming an internationally leading new type of media organization and making greater contributions to the realization of the Chinese Dream and the construction of a community with a shared future for mankind.

Headquarters
1-5F Building 12 2 Courtyard Beixing Road(East Section) Daxing Dist. Beijing
Beijing; Beijing; Postal Code: 100031

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Website: http://www.xinhuanet.com;www.news.cn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 04, 2000
Key Executives
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Director
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Director
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Director
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Director
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Chief Operating Officer
Ownership Details
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51%
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5.21%
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5.21%
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1.38%
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1.37%
Subsidiaries
Ccb Overseas Nuggets No. 81 Single Asset Management Plan
100%
Xinhua Net Yilian (Beijing) Technology Co., Ltd.
100%
Xinhua Net Yilian Investment Management (Tianjin) Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Xinhuanet Co., Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
2.11%
Total operating revenue
-0.66%
Operating profit (EBIT)
35.72%
EBITDA
64.18%
Net Profit (Loss) for the Period
5.87%
Total assets
-1%
Total equity
4.84%
Operating Profit Margin (ROS)
2.8%
Net Profit Margin
0.29%
Return on Equity (ROE)
0.01%
Debt to Equity Ratio
-0.19%
Quick Ratio
0.16%
Cash Ratio
1.27%

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