Greatview Aseptic Packaging Company Limited
Greatview Aseptic Packaging Company Limited, an investment holding company, provides packaging solutions to the liquid food industry in the People's Republic of China and internationally. The company provides roll-fed and blank-fed packaging material, packaging effect material, smart packaging, Greatview Planet, paper straws, filling machine, spare parts, and technical services. It offers aseptic… Read more
Greatview Aseptic Packaging Company Limited (GRVWF) - Net Assets
Latest net assets as of June 2024: $3.14 Billion USD
Based on the latest financial reports, Greatview Aseptic Packaging Company Limited (GRVWF) has net assets worth $3.14 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 ($3.97 Billion) and total liabilities ($826.62 Million). 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 | $3.14 Billion |
| % of Total Assets | 79.18% |
| Annual Growth Rate | 10.03% |
| 5-Year Change | 18.28% |
| 10-Year Change | 35.31% |
| Growth Volatility | 20.57 |
Greatview Aseptic Packaging Company Limited - Net Assets Trend (2009–2023)
This chart illustrates how Greatview Aseptic Packaging Company 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 Greatview Aseptic Packaging Company Limited (2009–2023)
The table below shows the annual net assets of Greatview Aseptic Packaging Company Limited from 2009 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.90 Billion | +10.75% |
| 2022-12-31 | $2.62 Billion | +8.26% |
| 2021-12-31 | $2.42 Billion | -2.88% |
| 2020-12-31 | $2.49 Billion | +1.57% |
| 2019-12-31 | $2.45 Billion | +0.57% |
| 2018-12-31 | $2.44 Billion | +2.28% |
| 2017-12-31 | $2.39 Billion | +4.27% |
| 2016-12-31 | $2.29 Billion | +3.75% |
| 2015-12-31 | $2.20 Billion | +2.82% |
| 2014-12-31 | $2.14 Billion | +2.26% |
| 2013-12-31 | $2.10 Billion | +12.74% |
| 2012-12-31 | $1.86 Billion | +13.39% |
| 2011-12-31 | $1.64 Billion | +17.88% |
| 2010-12-31 | $1.39 Billion | +82.82% |
| 2009-12-31 | $761.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greatview Aseptic Packaging Company 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 791.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.39 Billion | 82.47% |
| Common Stock | $11.44 Million | 0.39% |
| Other Comprehensive Income | $80.78 Million | 2.78% |
| Other Components | $416.42 Million | 14.35% |
| Total Equity | $2.90 Billion | 100.00% |
Greatview Aseptic Packaging Company Limited Competitors by Market Cap
The table below lists competitors of Greatview Aseptic Packaging Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hillcrest Energy Technologies Ltd
OTCQB:HLRTF
|
$6.66 Million |
|
New Zealand Energy Corp
PINK:NZERF
|
$6.66 Million |
|
Foremost Lithium Resource & Technology Ltd. Warrant
NASDAQ:FMSTW
|
$6.67 Million |
|
GUARDIAN EXPLORATION NEW
F:R6B
|
$6.67 Million |
|
MAG Interactive AB (publ)
ST:MAGI
|
$6.65 Million |
|
SSDL
NSE:SSDL
|
$6.65 Million |
|
Talon Metals Corp
PINK:TLOFF
|
$6.64 Million |
|
Bank Amar Indonesia
JK:AMAR
|
$6.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greatview Aseptic Packaging Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,619,924,000 to 2,901,495,000, a change of 281,571,000 (10.7%).
- Net income of 244,214,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 37,357,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $244.21 Million | +8.42% |
| Other Comprehensive Income | $37.36 Million | +1.29% |
| Total Change | $- | 10.75% |
Book Value vs Market Value Analysis
This analysis compares Greatview Aseptic Packaging Company 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: 0.13x
- 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.
- The price-to-book ratio has decreased from 0.49x to 0.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $0.57 | $0.28 | x |
| 2010-12-31 | $1.25 | $0.28 | x |
| 2011-12-31 | $1.23 | $0.28 | x |
| 2012-12-31 | $1.39 | $0.28 | x |
| 2013-12-31 | $1.57 | $0.28 | x |
| 2014-12-31 | $1.60 | $0.28 | x |
| 2015-12-31 | $1.64 | $0.28 | x |
| 2016-12-31 | $1.71 | $0.28 | x |
| 2017-12-31 | $1.78 | $0.28 | x |
| 2018-12-31 | $1.82 | $0.28 | x |
| 2019-12-31 | $1.83 | $0.28 | x |
| 2020-12-31 | $1.86 | $0.28 | x |
| 2021-12-31 | $1.81 | $0.28 | x |
| 2022-12-31 | $1.96 | $0.28 | x |
| 2023-12-31 | $2.17 | $0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greatview Aseptic Packaging Company 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): 8.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.40%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.39x
- Recent ROE (8.42%) is below the historical average (14.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 21.67% | 21.36% | 0.79x | 1.29x | $88.80 Million |
| 2010 | 14.46% | 17.34% | 0.70x | 1.18x | $62.07 Million |
| 2011 | 16.04% | 16.72% | 0.76x | 1.26x | $99.12 Million |
| 2012 | 16.93% | 18.05% | 0.73x | 1.29x | $128.89 Million |
| 2013 | 15.13% | 14.69% | 0.78x | 1.31x | $107.60 Million |
| 2014 | 13.04% | 12.53% | 0.74x | 1.41x | $65.27 Million |
| 2015 | 14.36% | 14.26% | 0.77x | 1.30x | $96.07 Million |
| 2016 | 14.59% | 15.39% | 0.75x | 1.26x | $105.03 Million |
| 2017 | 14.39% | 14.69% | 0.75x | 1.30x | $104.78 Million |
| 2018 | 14.76% | 14.44% | 0.77x | 1.32x | $116.12 Million |
| 2019 | 13.75% | 12.46% | 0.75x | 1.46x | $92.00 Million |
| 2020 | 13.76% | 11.28% | 0.84x | 1.45x | $93.59 Million |
| 2021 | 11.78% | 8.23% | 0.95x | 1.51x | $43.07 Million |
| 2022 | 6.96% | 4.63% | 0.92x | 1.63x | $-79.60 Million |
| 2023 | 8.42% | 6.40% | 0.95x | 1.39x | $-45.94 Million |
Industry Comparison
This section compares Greatview Aseptic Packaging Company Limited's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,505,488,775
- Average return on equity (ROE) among peers: -21.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greatview Aseptic Packaging Company Limited (GRVWF) | $3.14 Billion | 21.67% | 0.26x | $6.65 Million |
| Alliance Creative Group, Inc (ACGX) | $2.12 Million | 12.57% | 1.98x | $208.71K |
| Advanced Container Technologies Inc (ACTX) | $970.86K | -145.07% | 1.77x | $670.31 |
| Ardagh Metal Packaging SA (AMBP) | $286.00 Million | -73.43% | 17.62x | $574.22 Million |
| Amcor PLC (AMCR) | $11.74 Billion | 4.35% | 2.16x | $18.33 Billion |
| Avery Dennison Corp (AVY) | $1.36 Billion | -54.80% | 2.67x | $12.62 Billion |
| Ball Corporation (BALL) | $3.30 Billion | 7.98% | 3.91x | $15.92 Billion |
| Berry Global Group Inc (BERY) | $-128.00 Million | 0.00% | 0.00x | $7.83 Billion |
| Cascades Inc (CADNF) | $1.96 Billion | 10.12% | 1.77x | $571.95 Million |
| CCL Industries Inc (CCDBF) | $3.28 Billion | 16.14% | 1.24x | $7.23 Billion |
| Crown Holdings Inc (CCK) | $3.25 Billion | 3.23% | 2.83x | $11.24 Billion |