May 2026
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Largest Publishing Public Companies in China
Benchmark revenue and EBITDA valuation multiples for public comps like
Jiangsu Phoenix Publishing & Media, China Science Publishing, China Literature, China South Publishing and Zhejiang Publishing United Group.
 | Jiangsu Phoenix Publishing & Media Corp Ltd is a China-based publishing company. The company operates four segments. The Publishing segment covers the publishing and distribution of textbooks, teaching aids, general books, audio-visual products, and vocational education software. The Issuing Division handles the wholesale and retail of teaching materials, teaching aids, general books, audio-visual products, and cultural supplies. The Other segment includes new media businesses such as software development, film and television production, digital asset management, cloud services, and investment management. The Headquarters segment oversees distribution management, procurement, settlement, group publication distribution, textbook bidding, and publishing business management. | $1 | -23% | $3B | $2B | 1.3x | 6.7x | ||
| China Science Publishing & Media Ltd is a China based company engaged in providing publishing services. It offers books, journals, newspapers, literature and data, online publishing, import and export and printing services. For overseas distribution, the company uses Science Press brand. | $4 | +31% | $3B | $3B | 5.8x | 31.8x | ||
| China Literature Ltd is an investment holding company. The company along with its subsidiaries provides online reading services, copyright commercialization, writer cultivation and brokerage, and operation of text work reading. It generates its revenue from Online reading through self-owned platform products. it operates in two segments: Online business and Intellectual property operations and others. The Online business segment that derives the majority of revenue comprises online paid reading, online advertising, and game publishing. The Intellectual property operations and other segment include licensing and distribution of film and television properties, copyrights licensing, sales of adaptation rights and scripts, sales of physical books, and in-house online games operations. | $3 | -15% | $3B | $2B | 1.7x | 88.0x | ||
| China South Publishing & Media Group Co Ltd operates in the publishing and media industry. The company offers publishing products, including books, newspapers, periodicals, audio and video products, electronics, network, comic, and animation. | $2 | -19% | $3B | $653M | 0.4x | 2.2x | ||
| Zhejiang Publishing & Media Co Ltd is engaged in the publication, distribution and printing of books, periodicals, audio-visual products and electronic publications. | $1 | -10% | $2B | $701M | 0.5x | 3.1x | ||
| Shandong Publishing & Media Co Ltd provides publishing services. The company owns and manages publishing houses, periodical presses, printing enterprises, printing materials company, and logistics company. Geographically, the activities are carried out through China. | $1 | -26% | $2B | $1B | 0.8x | 5.9x | ||
| Visual China Group Co Ltd is engaged in providing digital visual content and visual solutions to customers in media, commercial, and consumer sectors. It services include Copyright removal, rights protection agent, Sports, Entertainment and Digital marketing, and Special shooting. | $3 | -- | $2B | $2B | 17.5x | 90.7x | ||
| Xinhua Winshare Publishing & Media Co Ltd is engaged in integrated cultural operations specializing in the creative content production of publications, education services, cultural consumption services, supply chain services, and capital operation. Its activities are editorial and publishing of publications, sales of publications in physical stores and the internet, distribution of textbooks and supplementary materials, education information and equipment services, etc. It is through two operating segments; the Publication segment, which includes publishing books, periodicals, and audiovisual products, and the Distribution segment, which comprises the distribution of textbooks and supplementary materials. The group generates a majority of its revenue from the Distribution segment. | $2 | -15% | $2B | $853M | 0.5x | 3.0x | ||
| Anhui Xinhua Media Co Ltd operates as a publishing and printing company in China. Its businesses include publication and distribution logistics services, import and export business, real estate development, advertising, film and television media, hotel management, financing lease, e-commerce and other fields. | Printing+1 | $1 | -- | $2B | $97M | 0.1x | 0.6x | |
| Chinese Universe Publishing And Media Co Ltd are engaged in the publishing, printing, and distribution of materials, newspapers, periodicals, and audiovisual publications in China. A company extends is business in new media and online education, Internet games, digital publishing, Internet of Things technology applications, international copyright transactions. | $1 | -26% | $2B | ($364M) | (0.3x) | (3.1x) | ||
| China Publishing & Media Holdings Co Ltd is a specialized and large-scale publishing group. The company's publishing business mainly includes book publishing, newspaper publishing, electronic audio and video publishing and related copyright business. | $1 | -18% | $1B | $847M | 1.1x | 6.4x | ||
| Changjiang Publishing & Media Co Ltd is engaged in the publication and media industry, as well as the manufacturing of clothing and other fiber products. | $1 | -16% | $1B | $868M | 0.8x | 5.1x | ||
| Zhejiang Sunriver Culture Co Ltd is a China-based company engaged in culture consulting, animation design, film and television planning, information services, among others. The group is mainly engaged in the creation, planning, production, distribution, and animation of mobile internet animation, animation related copyright authorization and animation related internet and mobile online game development and operation services. In addition, the company is also involved in the finance business. | $1 | -41% | $927M | $1B | 6.4x | 18.5x | ||
| Duzhe Publishing and Media Co Ltd engaged in the publication and distribution of journals. The company also involves in the publication and distribution of electronic audio-visual products, advertising business, and new media business. | $1 | -- | $595M | $397M | 3.0x | 24.7x | ||
| Ronshin Group is engaged in the planning and distribution of children's books and the export of children's cultural products. | $5 | +40% | $397M | $341M | 6.7x | (124.1x) | ||
| Nashville Records Inc is offering a family service platform in China that includes laundry services, housekeeping services, home appliance services, mental wellness services, tutoring services, and relay station services. | $0 | +24% | $5M | $5M | — | — | ||
| Median | $1 | -16% | $2B | $850M | 1.1x | 5.9x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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