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

Latest as of September 2025: CN¥1.39 Billion CNY ≈ $202.74 Million USD

Based on the latest financial reports, MCC Meili Paper Industry Co Ltd (000815) has net assets worth CN¥1.39 Billion CNY (≈ $202.74 Million USD) 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 ≈ $339.60 Million USD) and total liabilities (CN¥935.25 Million ≈ $136.86 Million 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 financial resilience of MCC Meili Paper Industry Co Ltd to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is MCC Meili Paper Industry Co Ltd's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see MCC Meili Paper Industry Co Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥1.35 Billion ≈ $197.76 Million	-28.80%
2023-12-31	CN¥1.90 Billion ≈ $277.75 Million	-0.96%
2022-12-31	CN¥1.92 Billion ≈ $280.44 Million	-10.78%
2021-12-31	CN¥2.15 Billion ≈ $314.31 Million	-0.83%
2020-12-31	CN¥2.17 Billion ≈ $316.94 Million	+2.27%
2019-12-31	CN¥2.12 Billion ≈ $309.91 Million	+2.50%
2018-12-31	CN¥2.07 Billion ≈ $302.34 Million	+2.22%
2017-12-31	CN¥2.02 Billion ≈ $295.77 Million	+1.26%
2016-12-31	CN¥2.00 Billion ≈ $292.09 Million	+5625.70%
2015-12-31	CN¥34.86 Million ≈ $5.10 Million	+120.61%
2014-12-31	CN¥-169.15 Million ≈ $-24.75 Million	-137.93%
2013-12-31	CN¥445.93 Million ≈ $65.25 Million	-35.10%
2012-12-31	CN¥687.08 Million ≈ $100.54 Million	+3.80%
2011-12-31	CN¥661.91 Million ≈ $96.86 Million	-22.35%
2010-12-31	CN¥852.38 Million ≈ $124.73 Million	-13.17%
2009-12-31	CN¥981.65 Million ≈ $143.65 Million	+1.11%
2008-12-31	CN¥970.85 Million ≈ $142.07 Million	+7.90%
2007-12-31	CN¥899.76 Million ≈ $131.66 Million	+8.36%
2006-12-31	CN¥830.34 Million ≈ $121.50 Million	+4.14%
2005-12-31	CN¥797.30 Million ≈ $116.67 Million	+8.01%
2004-12-31	CN¥738.20 Million ≈ $108.02 Million	+10.79%
2003-12-31	CN¥666.29 Million ≈ $97.50 Million	+7.52%
2002-12-31	CN¥619.68 Million ≈ $90.68 Million	+6.53%
2001-12-31	CN¥581.69 Million ≈ $85.12 Million	+5.17%
2000-12-31	CN¥553.09 Million ≈ $80.93 Million	+47.91%
1999-12-31	CN¥373.94 Million ≈ $54.72 Million	+11.94%
1998-12-31	CN¥334.04 Million ≈ $48.88 Million	+358.56%
1997-12-31	CN¥72.84 Million ≈ $10.66 Million	+29.11%
1996-12-31	CN¥56.42 Million ≈ $8.26 Million	+68.09%
1995-12-31	CN¥33.57 Million ≈ $4.91 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
Parex Resources Inc TO:PXT	$1.94 Billion
Dalian Huarui Heavy Industry Group Co Ltd SHE:002204	$1.94 Billion
CECO Environmental Corp. NASDAQ:CECO	$1.94 Billion
Xiamen ITG Group Corp Ltd SHG:600755	$1.94 Billion
G2 Goldfields Inc. TO:GTWO	$1.93 Billion
Sanbo Hospital Management Group Ltd. A SHE:301293	$1.93 Billion
Wuxi Dk Electronic Materials Co Ltd SHE:300842	$1.93 Billion
Jiangxi Hongcheng Waterworks Co Ltd SHG:600461	$1.93 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: 10.02x
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 181.17x to 10.02x 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¥19.02	x
1996-12-31	CN¥0.18	CN¥19.02	x
1997-12-31	CN¥0.23	CN¥19.02	x
1998-12-31	CN¥1.04	CN¥19.02	x
1999-12-31	CN¥1.17	CN¥19.02	x
2000-12-31	CN¥1.73	CN¥19.02	x
2001-12-31	CN¥1.82	CN¥19.02	x
2002-12-31	CN¥1.94	CN¥19.02	x
2003-12-31	CN¥2.08	CN¥19.02	x
2004-12-31	CN¥2.28	CN¥19.02	x
2005-12-31	CN¥2.47	CN¥19.02	x
2006-12-31	CN¥2.55	CN¥19.02	x
2007-12-31	CN¥2.77	CN¥19.02	x
2008-12-31	CN¥2.98	CN¥19.02	x
2009-12-31	CN¥3.11	CN¥19.02	x
2010-12-31	CN¥2.61	CN¥19.02	x
2011-12-31	CN¥2.03	CN¥19.02	x
2012-12-31	CN¥2.15	CN¥19.02	x
2013-12-31	CN¥1.41	CN¥19.02	x
2014-12-31	CN¥-0.53	CN¥19.02	x
2015-12-31	CN¥0.11	CN¥19.02	x
2016-12-31	CN¥4.94	CN¥19.02	x
2017-12-31	CN¥5.00	CN¥19.02	x
2018-12-31	CN¥5.11	CN¥19.02	x
2019-12-31	CN¥3.00	CN¥19.02	x
2020-12-31	CN¥3.07	CN¥19.02	x
2021-12-31	CN¥3.04	CN¥19.02	x
2022-12-31	CN¥2.71	CN¥19.02	x
2023-12-31	CN¥3.15	CN¥19.02	x
2024-12-31	CN¥1.90	CN¥19.02	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: $5,300,482,572
Average return on equity (ROE) among peers: 3.93%

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	$1.94 Billion
Shandong Chenming Paper Holdings Ltd (000488)	$4.32 Billion	8.80%	1.01x	$641.87 Million
Zhejiang Kan Specialities Material Co Ltd (002012)	$1.34 Billion	1.86%	0.39x	$457.79 Million
Zhejiang Jingxing Paper Joint Stock Co Ltd (002067)	$4.36 Billion	7.69%	0.46x	$1.06 Billion
Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078)	$16.24 Billion	12.03%	1.21x	$6.02 Billion
Xiamen Anne Corp Ltd (002235)	$359.35 Million	-25.61%	0.71x	$949.87 Million
Qifeng New Material Co Ltd (002521)	$3.40 Billion	4.17%	0.24x	$684.32 Million
Shandong Chenming Paper Holdings Ltd Class B (200488)	$15.26 Billion	7.62%	1.30x	$76.65 Million
Cre8 Direct Ningbo Co Ltd (300703)	$952.34 Million	11.33%	1.00x	$473.30 Million
Fujian Qingshan Paper Industry Co Ltd (600103)	$1.47 Billion	7.51%	0.40x	$1.46 Billion

About MCC Meili Paper Industry Co Ltd

SHE:000815 China Paper & Paper Products

Market Cap

$1.94 Billion

CN¥13.22 Billion CNY

Market Cap Rank

#6403 Global

#1434 in China

Share Price

CN¥19.02

Change (1 day)

-4.23%

52-Week Range

CN¥10.82 - CN¥22.21

All Time High

CN¥29.62