Nine Dragons Paper (Holdings) Limited (N3Y) - Net Assets
Based on the latest financial reports, Nine Dragons Paper (Holdings) Limited (N3Y) has net assets worth €48.48 Billion EUR (≈ $56.68 Billion USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€138.37 Billion ≈ $161.77 Billion USD) and total liabilities (€89.89 Billion ≈ $105.09 Billion USD). 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. Check N3Y tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €48.48 Billion |
| % of Total Assets | 35.04% |
| Annual Growth Rate | 7.02% |
| 5-Year Change | 18.85% |
| 10-Year Change | 89.95% |
| Growth Volatility | 6.85 |
Nine Dragons Paper (Holdings) Limited - Net Assets Trend (2014–2024)
This chart illustrates how Nine Dragons Paper (Holdings) Limited's net assets have evolved over time, based on quarterly financial data. See N3Y cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Nine Dragons Paper (Holdings) Limited (2014–2024)
The table below shows the annual net assets of Nine Dragons Paper (Holdings) Limited from 2014 to 2024. For live valuation and market cap data, see Nine Dragons Paper (Holdings) Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €48.48 Billion ≈ $56.68 Billion |
+7.42% |
| 2023-06-30 | €45.14 Billion ≈ $52.77 Billion |
-4.99% |
| 2022-06-30 | €47.51 Billion ≈ $55.54 Billion |
+2.39% |
| 2021-06-30 | €46.40 Billion ≈ $54.24 Billion |
+13.72% |
| 2020-06-30 | €40.80 Billion ≈ $47.70 Billion |
+7.64% |
| 2019-06-30 | €37.90 Billion ≈ $44.31 Billion |
+4.51% |
| 2018-06-30 | €36.27 Billion ≈ $42.40 Billion |
+20.54% |
| 2017-06-30 | €30.08 Billion ≈ $35.17 Billion |
+13.87% |
| 2016-06-30 | €26.42 Billion ≈ $30.89 Billion |
+3.51% |
| 2015-06-30 | €25.53 Billion ≈ $29.84 Billion |
+3.76% |
| 2014-06-30 | €24.60 Billion ≈ $28.76 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Nine Dragons Paper (Holdings) 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 160.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €36.79 Billion | 76.62% |
| Other Components | €11.23 Billion | 23.38% |
| Total Equity | €48.01 Billion | 100.00% |
Nine Dragons Paper (Holdings) Limited Competitors by Market Cap
The table below lists competitors of Nine Dragons Paper (Holdings) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RAMSAY HLTH.CARE ADR/025
F:RMY0
|
$4.01 Billion |
|
Bestechnic (Shanghai) Co. Ltd. A
SHG:688608
|
$4.01 Billion |
|
Vontier Corp
NYSE:VNT
|
$4.01 Billion |
|
Endurance Technologies Limited
NSE:ENDURANCE
|
$4.01 Billion |
|
MINISO GRP HLD.ADS/4
F:MIF
|
$4.01 Billion |
|
JUST EAT TAKEAW. SP.ADR
F:T5WA
|
$4.01 Billion |
|
Shihlin Electric & Engineering Corp
TW:1503
|
$4.00 Billion |
|
OCI Co Ltd
KO:010060
|
$4.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nine Dragons Paper (Holdings) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,651,886,000 to 48,012,025,000, a change of 3,360,139,000 (7.5%).
- Net income of 750,677,000 contributed positively to equity growth.
- New share issuances of 13,390,000 increased equity.
- Other factors increased equity by 2,596,072,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €750.68 Million | +1.56% |
| Share Issuances | €13.39 Million | +0.03% |
| Other Changes | €2.60 Billion | +5.41% |
| Total Change | €- | 7.53% |
Book Value vs Market Value Analysis
This analysis compares Nine Dragons Paper (Holdings) 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: 0.07x
- 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 |
|---|---|---|---|
| 2017-06-30 | €6.36 | €0.73 | x |
| 2018-06-30 | €7.70 | €0.73 | x |
| 2019-06-30 | €8.01 | €0.73 | x |
| 2020-06-30 | €8.60 | €0.73 | x |
| 2021-06-30 | €9.79 | €0.73 | x |
| 2022-06-30 | €10.03 | €0.73 | x |
| 2023-06-30 | €9.52 | €0.73 | x |
| 2024-06-30 | €10.23 | €0.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nine Dragons Paper (Holdings) 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): 1.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.26%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.88x
- Recent ROE (1.56%) is below the historical average (8.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.29% | 6.07% | 0.43x | 2.78x | €-652.09 Million |
| 2015 | 5.60% | 4.69% | 0.46x | 2.58x | €-1.11 Billion |
| 2016 | 4.30% | 3.50% | 0.48x | 2.58x | €-1.49 Billion |
| 2017 | 14.74% | 11.20% | 0.59x | 2.22x | €1.41 Billion |
| 2018 | 21.81% | 14.87% | 0.68x | 2.16x | €4.25 Billion |
| 2019 | 10.27% | 7.06% | 0.68x | 2.15x | €100.54 Million |
| 2020 | 10.33% | 8.12% | 0.65x | 1.96x | €131.39 Million |
| 2021 | 15.46% | 11.53% | 0.67x | 2.01x | €2.51 Billion |
| 2022 | 6.96% | 5.08% | 0.60x | 2.28x | €-1.43 Billion |
| 2023 | -5.34% | -4.20% | 0.47x | 2.70x | €-6.85 Billion |
| 2024 | 1.56% | 1.26% | 0.43x | 2.88x | €-4.05 Billion |
Industry Comparison
This section compares Nine Dragons Paper (Holdings) 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: $4,052,624,288
- Average return on equity (ROE) among peers: 8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nine Dragons Paper (Holdings) Limited (N3Y) | €48.48 Billion | 7.29% | 1.85x | $4.01 Billion |
| Mercer International Inc (AEZ) | $348.32 Million | -7.57% | 3.45x | $47.42 Million |
| Shandong Chenming Paper Holdings Limited (SCD1) | $17.26 Billion | 5.92% | 3.52x | $48.49 Million |
| SAPPI LTD ADR/1 RC 1 (SPIA) | $2.44 Billion | 10.59% | 1.37x | $543.97 Million |
| GRIGEO AB EO -29 (WM8) | $116.59 Million | 21.71% | 0.35x | $140.79 Million |
| Grigeo AB (WM8) | $94.29 Million | 13.01% | 0.41x | $140.79 Million |
About Nine Dragons Paper (Holdings) Limited
Nine Dragons Paper (Holdings) Limited, together with its subsidiaries, manufactures and sells packaging paper, printing and writing paper, and specialty paper products and pulp in the People's Republic of China. The company offers kraft, test, white top, and coated linerboard, as well as bleached folding boxboard; corrugating medium; uncoated wood free and office paper; coated duplex board; and g… Read more