MCC Meili Paper Industry Co Ltd

SHE:000815 China Paper & Paper Products
Market Cap
$1.51 Billion
CN¥11.10 Billion CNY
Market Cap Rank
#7284 Global
#1223 in China
Share Price
CN¥15.96
Change (1 day)
-4.14%
52-Week Range
CN¥10.60 - CN¥18.84
All Time High
CN¥29.62
Categories
Companies in China Paper & Paper Products
About

MCC Meili Cloud Computing Industry Investment Co., Ltd engages in the data center business in China. It provides rack rental, network access and rack operation and maintenance services; customization of data centers and modular customization; and standard computer rooms and scattered rental rack services. The company is also involved in the operation of 50MWp photovoltaic project; solar power gen… Read more

MCC Meili Paper Industry Co Ltd (000815) - Net Assets

Latest net assets as of September 2025: CN¥1.39 Billion CNY

Based on the latest financial reports, MCC Meili Paper Industry Co Ltd (000815) has net assets worth CN¥1.39 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.32 Billion) and total liabilities (CN¥935.25 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 CN¥1.39 Billion
% of Total Assets 59.7%
Annual Growth Rate 13.59%
5-Year Change -37.6%
10-Year Change 3776.6%
Growth Volatility 1044.33

MCC Meili Paper Industry Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how MCC Meili Paper Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for MCC Meili Paper Industry Co Ltd (1995–2024)

The table below shows the annual net assets of MCC Meili Paper Industry Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.35 Billion -28.80%
2023-12-31 CN¥1.90 Billion -0.96%
2022-12-31 CN¥1.92 Billion -10.78%
2021-12-31 CN¥2.15 Billion -0.83%
2020-12-31 CN¥2.17 Billion +2.27%
2019-12-31 CN¥2.12 Billion +2.50%
2018-12-31 CN¥2.07 Billion +2.22%
2017-12-31 CN¥2.02 Billion +1.26%
2016-12-31 CN¥2.00 Billion +5625.70%
2015-12-31 CN¥34.86 Million +120.61%
2014-12-31 CN¥-169.15 Million -137.93%
2013-12-31 CN¥445.93 Million -35.10%
2012-12-31 CN¥687.08 Million +3.80%
2011-12-31 CN¥661.91 Million -22.35%
2010-12-31 CN¥852.38 Million -13.17%
2009-12-31 CN¥981.65 Million +1.11%
2008-12-31 CN¥970.85 Million +7.90%
2007-12-31 CN¥899.76 Million +8.36%
2006-12-31 CN¥830.34 Million +4.14%
2005-12-31 CN¥797.30 Million +8.01%
2004-12-31 CN¥738.20 Million +10.79%
2003-12-31 CN¥666.29 Million +7.52%
2002-12-31 CN¥619.68 Million +6.53%
2001-12-31 CN¥581.69 Million +5.17%
2000-12-31 CN¥553.09 Million +47.91%
1999-12-31 CN¥373.94 Million +11.94%
1998-12-31 CN¥334.04 Million +358.56%
1997-12-31 CN¥72.84 Million +29.11%
1996-12-31 CN¥56.42 Million +68.09%
1995-12-31 CN¥33.57 Million --

Equity Component Analysis

This analysis shows how different components contribute to MCC Meili Paper Industry Co Ltd'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 decreased by 11777.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥695.26 Million 52.75%
Other Comprehensive Income CN¥621.93K 0.05%
Other Components CN¥2.03 Billion 153.82%
Total Equity CN¥1.32 Billion 100.00%

MCC Meili Paper Industry Co Ltd Competitors by Market Cap

The table below lists competitors of MCC Meili Paper Industry Co Ltd ranked by their market capitalization.

Company Market Cap
Shougang Fushan Resources Group Limited
F:FU7
 		$1.01 Billion
China Kings Resources Group Co
SHG:603505
 		$1.01 Billion
Nabors Industries Ltd
NYSE:NBR
 		$1.01 Billion
Xinjiang Joinworld Co Ltd
SHG:600888
 		$1.01 Billion
SailPoint, Inc. Common Stock
NASDAQ:SAIL
 		$1.01 Billion
Hochschild Mining PLC
OTCQX:HCHDF
 		$1.01 Billion
Castrol India Limited
NSE:CASTROLIND
 		$1.01 Billion
Harsco Corporation
F:HA7
 		$1.01 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in MCC Meili Paper Industry Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,865,980,590 to 1,318,030,238, a change of -547,950,352 (-29.4%).
  • Net loss of 548,481,366 reduced equity.
  • Dividend payments of 13,997,766 reduced retained earnings.
  • Other comprehensive income increased equity by 531,018.
  • Other factors increased equity by 13,997,762.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-548.48 Million -41.61%
Dividends Paid CN¥14.00 Million -1.06%
Other Comprehensive Income CN¥531.02K +0.04%
Other Changes CN¥14.00 Million +1.06%
Total Change CN¥- -29.37%

Book Value vs Market Value Analysis

This analysis compares MCC Meili Paper Industry Co Ltd'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: 8.41x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 152.02x to 8.41x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.10 CN¥15.96 x
1996-12-31 CN¥0.18 CN¥15.96 x
1997-12-31 CN¥0.23 CN¥15.96 x
1998-12-31 CN¥1.04 CN¥15.96 x
1999-12-31 CN¥1.17 CN¥15.96 x
2000-12-31 CN¥1.73 CN¥15.96 x
2001-12-31 CN¥1.82 CN¥15.96 x
2002-12-31 CN¥1.94 CN¥15.96 x
2003-12-31 CN¥2.08 CN¥15.96 x
2004-12-31 CN¥2.28 CN¥15.96 x
2005-12-31 CN¥2.47 CN¥15.96 x
2006-12-31 CN¥2.55 CN¥15.96 x
2007-12-31 CN¥2.77 CN¥15.96 x
2008-12-31 CN¥2.98 CN¥15.96 x
2009-12-31 CN¥3.11 CN¥15.96 x
2010-12-31 CN¥2.61 CN¥15.96 x
2011-12-31 CN¥2.03 CN¥15.96 x
2012-12-31 CN¥2.15 CN¥15.96 x
2013-12-31 CN¥1.41 CN¥15.96 x
2014-12-31 CN¥-0.53 CN¥15.96 x
2015-12-31 CN¥0.11 CN¥15.96 x
2016-12-31 CN¥4.94 CN¥15.96 x
2017-12-31 CN¥5.00 CN¥15.96 x
2018-12-31 CN¥5.11 CN¥15.96 x
2019-12-31 CN¥3.00 CN¥15.96 x
2020-12-31 CN¥3.07 CN¥15.96 x
2021-12-31 CN¥3.04 CN¥15.96 x
2022-12-31 CN¥2.71 CN¥15.96 x
2023-12-31 CN¥3.15 CN¥15.96 x
2024-12-31 CN¥1.90 CN¥15.96 x

Capital Efficiency Dashboard

This dashboard shows how efficiently MCC Meili Paper Industry Co Ltd 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): -41.61%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -60.16%
  • • Asset Turnover: 0.36x
  • • Equity Multiplier: 1.90x
  • Recent ROE (-41.61%) is below the historical average (15.56%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 30.54% 14.74% 0.61x 3.41x CN¥6.89 Million
1996 50.77% 22.07% 0.72x 3.18x CN¥23.01 Million
1997 18.04% 10.24% 0.58x 3.03x CN¥5.86 Million
1998 8.15% 18.71% 0.28x 1.57x CN¥-6.18 Million
1999 10.90% 21.33% 0.28x 1.83x CN¥3.37 Million
2000 7.71% 14.85% 0.27x 1.94x CN¥-12.69 Million
2001 7.14% 10.02% 0.27x 2.65x CN¥-16.61 Million
2002 6.98% 9.12% 0.25x 3.12x CN¥-18.68 Million
2003 6.92% 7.07% 0.27x 3.58x CN¥-20.52 Million
2004 8.36% 7.41% 0.35x 3.26x CN¥-12.00 Million
2005 7.78% 6.80% 0.36x 3.17x CN¥-17.50 Million
2006 4.12% 3.73% 0.19x 5.67x CN¥-48.22 Million
2007 7.23% 5.93% 0.36x 3.43x CN¥-24.54 Million
2008 7.22% 5.59% 0.38x 3.36x CN¥-26.54 Million
2009 0.85% 0.81% 0.29x 3.59x CN¥-88.05 Million
2010 -14.18% -10.11% 0.30x 4.65x CN¥-200.84 Million
2011 -29.61% -16.62% 0.29x 6.09x CN¥-253.82 Million
2012 3.72% 1.82% 0.43x 4.71x CN¥-41.77 Million
2013 -53.18% -42.87% 0.22x 5.54x CN¥-281.74 Million
2014 0.00% -104.35% 0.41x 0.00x CN¥-632.18 Million
2015 424.76% 26.60% 0.40x 40.36x CN¥144.59 Million
2016 0.18% 0.60% 0.21x 1.46x CN¥-193.03 Million
2017 1.28% 3.03% 0.30x 1.41x CN¥-173.57 Million
2018 2.17% 4.22% 0.34x 1.52x CN¥-159.25 Million
2019 2.44% 4.88% 0.32x 1.58x CN¥-157.65 Million
2020 2.27% 4.18% 0.37x 1.48x CN¥-164.80 Million
2021 -0.82% -1.40% 0.40x 1.47x CN¥-228.88 Million
2022 -12.34% -21.12% 0.36x 1.64x CN¥-420.74 Million
2023 -0.95% -1.64% 0.39x 1.50x CN¥-204.36 Million
2024 -41.61% -60.16% 0.36x 1.90x CN¥-680.28 Million

Industry Comparison

This section compares MCC Meili Paper Industry Co Ltd's net assets metrics with peer companies in the Paper & Paper Products industry.

Industry Context

  • Industry: Paper & Paper Products
  • Average net assets among peers: $1,193,874,103
  • Average return on equity (ROE) among peers: 14.96%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
MCC Meili Paper Industry Co Ltd (000815) CN¥1.39 Billion 30.54% 0.68x $1.01 Billion
Shandong Chenming Paper Holdings Ltd (000488) $1.48 Billion 8.64% 0.67x $856.84 Million
Zhejiang Kan Specialities Material Co Ltd (002012) $1.70 Billion 0.34% 0.06x $340.02 Million
Zhejiang Jingxing Paper Joint Stock Co Ltd (002067) $334.24 Million 16.95% 2.25x $888.99 Million
Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) $4.46 Billion 3.96% 2.41x $2.97 Billion
Xiamen Anne Corp Ltd (002235) $453.96 Million 11.63% 0.34x $679.45 Million
Qifeng New Material Co Ltd (002521) $382.94 Million 31.00% 1.37x $387.93 Million
Shandong Chenming Paper Holdings Ltd Class B (200488) $1.32 Billion 13.98% 0.36x $251.60 Million
Cre8 Direct Ningbo Co Ltd (300703) $96.98 Million 33.95% 2.34x $282.96 Million
Fujian Qingshan Paper Industry Co Ltd (600103) $519.79 Million 14.19% 0.64x $808.66 Million