Lee and Man Paper Manufacturing Limited
Lee & Man Paper Manufacturing Limited, together with its subsidiaries, engages in the manufacture and trading of packaging papers, pulps, and tissue papers in the People's Republic of China, Vietnam, Malaysia, Macau, and Hong Kong. The company operates through Packaging Paper, Tissue Paper, and Pulp segments. It offers various pulp products, such as dissolved pulps for use in viscose chemical fib… Read more
Lee and Man Paper Manufacturing Limited (LMP) - Net Assets
Latest net assets as of June 2025: €28.85 Billion EUR
Based on the latest financial reports, Lee and Man Paper Manufacturing Limited (LMP) has net assets worth €28.85 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€55.78 Billion) and total liabilities (€26.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €28.85 Billion |
| % of Total Assets | 51.73% |
| Annual Growth Rate | 5.02% |
| 5-Year Change | -8.9% |
| 10-Year Change | 62.53% |
| Growth Volatility | 11.38 |
Lee and Man Paper Manufacturing Limited - Net Assets Trend (2013–2024)
This chart illustrates how Lee and Man Paper Manufacturing Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lee and Man Paper Manufacturing Limited (2013–2024)
The table below shows the annual net assets of Lee and Man Paper Manufacturing Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €28.01 Billion | -2.62% |
| 2023-12-31 | €28.77 Billion | +0.56% |
| 2022-12-31 | €28.61 Billion | -14.36% |
| 2021-12-31 | €33.40 Billion | +8.63% |
| 2020-12-31 | €30.75 Billion | +17.90% |
| 2019-12-31 | €26.08 Billion | +12.69% |
| 2018-12-31 | €23.15 Billion | +5.61% |
| 2017-12-31 | €21.92 Billion | +30.28% |
| 2016-12-31 | €16.82 Billion | -2.40% |
| 2015-12-31 | €17.24 Billion | -1.38% |
| 2014-12-31 | €17.48 Billion | +6.92% |
| 2013-12-31 | €16.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lee and Man Paper Manufacturing Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 240.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €31.05 Billion | 110.88% |
| Total Equity | €28.00 Billion | 100.00% |
Lee and Man Paper Manufacturing Limited Competitors by Market Cap
The table below lists competitors of Lee and Man Paper Manufacturing Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TOYO ENGINEERG-6330-
F:6AE
|
$482.77 Million |
|
SCHOTT Pharma AG & Co. KGaA
XETRA:1SXP
|
$482.88 Million |
|
COFCO Joycome Foods Limited
F:0M7
|
$482.93 Million |
|
Shenzhen WOTE Advanced Materials Co Ltd
SHE:002886
|
$482.97 Million |
|
Sichuan Meifeng Chemical Industry Co Ltd
SHE:000731
|
$482.18 Million |
|
Cheng Du Sheng Nuo Biotec Co. Ltd. A
SHG:688117
|
$482.15 Million |
|
Fukuyama Transporting Co. Ltd
F:FUY
|
$482.01 Million |
|
Beijing Chieftain Control Engineering Technology Co Ltd
SHE:300430
|
$481.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lee and Man Paper Manufacturing Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,757,512,000 to 28,004,102,000, a change of -753,410,000 (-2.6%).
- Net income of 1,358,312,000 contributed positively to equity growth.
- Dividend payments of 528,305,000 reduced retained earnings.
- Share repurchases of 28,839,000 reduced equity.
- Other factors decreased equity by 1,554,578,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.36 Billion | +4.85% |
| Dividends Paid | €528.30 Million | -1.89% |
| Share Repurchases | €28.84 Million | -0.1% |
| Other Changes | €-1.55 Billion | -5.55% |
| Total Change | €- | -2.62% |
Book Value vs Market Value Analysis
This analysis compares Lee and Man Paper Manufacturing Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.06x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €4.86 | €0.41 | x |
| 2018-12-31 | €5.27 | €0.41 | x |
| 2019-12-31 | €5.97 | €0.41 | x |
| 2020-12-31 | €7.07 | €0.41 | x |
| 2021-12-31 | €7.71 | €0.41 | x |
| 2022-12-31 | €6.64 | €0.41 | x |
| 2023-12-31 | €6.67 | €0.41 | x |
| 2024-12-31 | €6.52 | €0.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lee and Man Paper Manufacturing Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.23%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.98x
- Recent ROE (4.85%) is below the historical average (12.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.92% | 11.48% | 0.54x | 1.91x | €313.55 Million |
| 2014 | 10.90% | 11.14% | 0.49x | 1.99x | €156.70 Million |
| 2015 | 13.53% | 13.24% | 0.49x | 2.07x | €608.06 Million |
| 2016 | 17.02% | 15.61% | 0.52x | 2.08x | €1.18 Billion |
| 2017 | 23.00% | 19.51% | 0.60x | 1.98x | €2.85 Billion |
| 2018 | 21.09% | 15.15% | 0.75x | 1.85x | €2.57 Billion |
| 2019 | 12.65% | 12.16% | 0.62x | 1.67x | €692.10 Million |
| 2020 | 11.88% | 14.12% | 0.55x | 1.52x | €578.24 Million |
| 2021 | 9.74% | 10.00% | 0.62x | 1.57x | €-88.25 Million |
| 2022 | 4.60% | 4.51% | 0.58x | 1.76x | €-1.54 Billion |
| 2023 | 4.01% | 4.62% | 0.46x | 1.88x | €-1.72 Billion |
| 2024 | 4.85% | 5.23% | 0.47x | 1.98x | €-1.44 Billion |
Industry Comparison
This section compares Lee and Man Paper Manufacturing Limited's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $76,164,458,216
- Average return on equity (ROE) among peers: 7.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lee and Man Paper Manufacturing Limited (LMP) | €28.85 Billion | 11.92% | 0.93x | $482.39 Million |
| CPH Group AG (1L6) | $436.27 Million | 18.08% | 0.37x | $206.45 Million |
| Nippon Paper Industries Co. Ltd (9NI) | $510.43 Billion | 0.89% | 2.34x | $713.41 Million |
| Glatfelter Corporation (GLN) | $577.93 Million | 3.69% | 1.23x | $5.74 Million |
| KHD Humboldt Wedag Vermögensverwaltungs-AG (HETA) | $5.43 Million | 0.60% | 0.02x | $171.18K |
| PT Indah Kiat Pulp & Paper Tbk (IKP) | $5.61 Billion | 15.30% | 0.72x | $1.08 Billion |
| Mitsubishi Paper Mills Limited (MPX) | $90.95 Billion | 4.58% | 1.59x | $98.98 Million |
| SEMAPA SGPS NAM. O.N. (SQQ1) | $1.21 Billion | 8.82% | 2.17x | $305.38 Million |
| Grigeo AB (WM8) | $97.85 Million | 10.76% | 0.46x | $55.05 Million |