Xiamen Hexing Packaging Printing Co Ltd Net Assets

Latest as of March 2026: CN¥3.14 Billion CNY ≈ $460.00 Million USD

Xiamen Hexing Packaging Printing Co Ltd net assets. Based on the latest financial reports, Xiamen Hexing Packaging Printing Co Ltd (002228) has net assets worth CN¥3.14 Billion CNY (≈ $460.00 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.42 Billion ≈ $1.09 Billion USD) and total liabilities (CN¥4.27 Billion ≈ $625.23 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. See 002228 equity to assets ratio to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.14 Billion
% of Total Assets	42.39%
Annual Growth Rate	20.28%
5-Year Change	-16.4%
10-Year Change	52.91%
Growth Volatility	41.33

Net Assets of Xiamen Hexing Packaging Printing Co Ltd (2005–2025)

Net assets of Xiamen Hexing Packaging Printing Co Ltd from 2005 to 2025. This chart illustrates how Xiamen Hexing Packaging Printing Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how fast is Xiamen Hexing Packaging Printing Co Ltd growing its equity to track the company's year-over-year net asset growth rate.

Annual Net Assets for Xiamen Hexing Packaging Printing Co Ltd (2005–2025)

The table below shows the annual net assets of Xiamen Hexing Packaging Printing Co Ltd from 2005 to 2025. For live market cap and overall valuation, see Xiamen Hexing Packaging Printing Co Ltd market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥3.11 Billion ≈ $455.69 Million	-6.85%
2024-12-31	CN¥3.34 Billion ≈ $489.22 Million	-4.94%
2023-12-31	CN¥3.52 Billion ≈ $514.62 Million	-2.68%
2022-12-31	CN¥3.61 Billion ≈ $528.79 Million	-2.99%
2021-12-31	CN¥3.72 Billion ≈ $545.07 Million	-1.72%
2020-12-31	CN¥3.79 Billion ≈ $554.62 Million	+15.13%
2019-12-31	CN¥3.29 Billion ≈ $481.72 Million	+8.87%
2018-12-31	CN¥3.02 Billion ≈ $442.49 Million	+9.17%
2017-12-31	CN¥2.77 Billion ≈ $405.33 Million	+36.01%
2016-12-31	CN¥2.04 Billion ≈ $298.01 Million	+26.43%
2015-12-31	CN¥1.61 Billion ≈ $235.71 Million	+48.02%
2014-12-31	CN¥1.09 Billion ≈ $159.24 Million	+9.78%
2013-12-31	CN¥991.31 Million ≈ $145.06 Million	+7.97%
2012-12-31	CN¥918.13 Million ≈ $134.35 Million	+3.23%
2011-12-31	CN¥889.38 Million ≈ $130.14 Million	+7.10%
2010-12-31	CN¥830.41 Million ≈ $121.51 Million	+85.45%
2009-12-31	CN¥447.79 Million ≈ $65.53 Million	+13.19%
2008-12-31	CN¥395.61 Million ≈ $57.89 Million	+177.78%
2007-12-31	CN¥142.42 Million ≈ $20.84 Million	+30.29%
2006-12-31	CN¥109.30 Million ≈ $15.99 Million	+40.90%
2005-12-31	CN¥77.58 Million ≈ $11.35 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Xiamen Hexing Packaging Printing 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 grown by 3878.8% over the analyzed period, indicating profitable operations and earnings retention.

Xiamen Hexing Packaging Printing Co Ltd Net Assets Breakdown (December 2025)

Xiamen Hexing Packaging Printing Co Ltd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	CN¥1.09 Billion	36.36%
Other Components	CN¥1.90 Billion	63.64%
Total Equity	CN¥2.99 Billion	100.00%

Xiamen Hexing Packaging Printing Co Ltd Competitors by Market Cap

The table below lists competitors of Xiamen Hexing Packaging Printing Co Ltd ranked by their market capitalization.

Company	Market Cap
TPG RE Finance Trust Inc NYSE:TRTX	$502.50 Million
Lem Holding SA SW:LEHN	$502.61 Million
Stylam Industries Limited NSE:STYLAMIND	$502.72 Million
China Merchants Port Group Co Ltd SHE:201872	$502.80 Million
Invesco Municipal Trust NYSE:VKQ	$502.45 Million
Greaves Cotton Limited NSE:GREAVESCOT	$502.34 Million
Titan Machinery Inc NASDAQ:TITN	$502.31 Million
Dingli Communications Corp Ltd SHE:300050	$502.29 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xiamen Hexing Packaging Printing Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,185,960,509 to 2,988,588,141, a change of -197,372,368 (-6.2%).
Net income of 103,484,912 contributed positively to equity growth.
Dividend payments of 236,333,711 reduced retained earnings.
Other comprehensive income decreased equity by 225,656,780.
Other factors increased equity by 161,133,211.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥103.48 Million	+3.46%
Dividends Paid	CN¥236.33 Million	-7.91%
Other Comprehensive Income	CN¥-225.66 Million	-7.55%
Other Changes	CN¥161.13 Million	+5.39%
Total Change	CN¥-	-6.20%

Book Value vs Market Value Analysis

This analysis compares Xiamen Hexing Packaging Printing 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: 1.15x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 9.91x to 1.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	CN¥0.29	CN¥2.83	x
2006-12-31	CN¥0.32	CN¥2.83	x
2007-12-31	CN¥0.20	CN¥2.83	x
2008-12-31	CN¥0.50	CN¥2.83	x
2009-12-31	CN¥0.51	CN¥2.83	x
2010-12-31	CN¥0.89	CN¥2.83	x
2011-12-31	CN¥0.89	CN¥2.83	x
2012-12-31	CN¥0.92	CN¥2.83	x
2013-12-31	CN¥0.98	CN¥2.83	x
2014-12-31	CN¥1.09	CN¥2.83	x
2015-12-31	CN¥1.50	CN¥2.83	x
2016-12-31	CN¥1.86	CN¥2.83	x
2017-12-31	CN¥2.35	CN¥2.83	x
2018-12-31	CN¥2.34	CN¥2.83	x
2019-12-31	CN¥2.61	CN¥2.83	x
2020-12-31	CN¥2.86	CN¥2.83	x
2021-12-31	CN¥2.80	CN¥2.83	x
2022-12-31	CN¥2.78	CN¥2.83	x
2023-12-31	CN¥2.88	CN¥2.83	x
2024-12-31	CN¥2.72	CN¥2.83	x
2025-12-31	CN¥2.46	CN¥2.83	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xiamen Hexing Packaging Printing 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): 3.46%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.02%
• Asset Turnover: 1.36x
• Equity Multiplier: 2.51x
Recent ROE (3.46%) is below the historical average (10.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	18.51%	6.96%	1.00x	2.65x	CN¥5.67 Million
2006	21.42%	7.99%	0.73x	3.70x	CN¥10.82 Million
2007	30.02%	7.57%	1.18x	3.37x	CN¥23.40 Million
2008	12.99%	8.01%	0.92x	1.76x	CN¥11.74 Million
2009	15.43%	7.58%	0.78x	2.61x	CN¥23.66 Million
2010	8.77%	4.68%	0.94x	2.00x	CN¥-10.01 Million
2011	8.48%	3.86%	1.06x	2.08x	CN¥-13.28 Million
2012	6.70%	2.85%	0.99x	2.39x	CN¥-29.61 Million
2013	9.88%	3.88%	1.11x	2.31x	CN¥-1.12 Million
2014	11.84%	4.62%	1.11x	2.31x	CN¥19.53 Million
2015	7.32%	4.02%	0.96x	1.90x	CN¥-42.07 Million
2016	21.49%	9.14%	0.84x	2.80x	CN¥222.75 Million
2017	5.53%	1.62%	1.35x	2.52x	CN¥-114.58 Million
2018	8.51%	1.92%	1.73x	2.56x	CN¥-40.68 Million
2019	8.81%	2.40%	1.70x	2.15x	CN¥-36.20 Million
2020	8.40%	2.42%	1.48x	2.35x	CN¥-55.25 Million
2021	6.42%	1.24%	1.83x	2.82x	CN¥-121.67 Million
2022	3.95%	0.86%	1.74x	2.64x	CN¥-202.09 Million
2023	3.13%	0.83%	1.51x	2.49x	CN¥-226.86 Million
2024	2.94%	0.82%	1.49x	2.42x	CN¥-225.04 Million
2025	3.46%	1.02%	1.36x	2.51x	CN¥-195.37 Million

Industry Comparison

This section compares Xiamen Hexing Packaging Printing Co Ltd's net assets metrics with peer companies in the Packaging & Containers industry.

Industry Context

Industry: Packaging & Containers
Average net assets among peers: $1,747,683,779
Average return on equity (ROE) among peers: 4.25%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Xiamen Hexing Packaging Printing Co Ltd (002228)	CN¥3.14 Billion	18.51%	1.36x	$502.48 Million
Zhuhai Zhongfu Enterprise Co Ltd (000659)	$1.61 Billion	8.22%	1.03x	$444.01 Million
Huangshan Novel Co Ltd (002014)	$2.32 Billion	15.61%	0.54x	$1.02 Billion
Shenzhen Jinjia Color Printing Group Co Ltd (002191)	$2.34 Billion	16.66%	0.48x	$641.42 Million
Shenzhen Beauty Star Co Ltd (002243)	$1.48 Billion	-2.46%	0.32x	$1.16 Billion
Zhejiang Great Southeast Co Ltd (002263)	$507.84 Million	4.90%	3.19x	$797.10 Million
Shenzhen MYS Environmental Protection & Technology Co Ltd (002303)	$1.81 Billion	5.93%	0.20x	$903.05 Million
Shandong Lipeng Co Ltd (002374)	$2.52 Billion	-31.32%	1.23x	$455.76 Million
Zhejiang Zhongcheng Packing Material Co Ltd (002522)	$1.08 Billion	9.60%	0.15x	$599.10 Million
Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565)	$2.06 Billion	11.10%	0.50x	$1.27 Billion

About Xiamen Hexing Packaging Printing Co Ltd

SHE:002228 China Packaging & Containers

Market Cap

$502.48 Million

CN¥3.43 Billion CNY

Market Cap Rank

#11803 Global

#3301 in China

Share Price

CN¥2.83

Change (1 day)

-4.39%

52-Week Range

CN¥2.83 - CN¥6.55

All Time High

CN¥6.55