Xiamen Anne Corp Ltd

SHE:002235 China Paper & Paper Products
Market Cap
$913.13 Million
CN¥6.70 Billion CNY
Market Cap Rank
#8789 Global
#1730 in China
Share Price
CN¥11.56
Change (1 day)
+9.99%
52-Week Range
CN¥4.45 - CN¥13.60
All Time High
CN¥15.38
About

Xiamen Annie Co., Ltd. engages in the anti-counterfeiting and traceability system comprehensive solution business in China. It offers professional online service on the application of digital copyright; digital content, integrated social media operation, marketing, and value-added services on intellectual property of content; commerce promotion, internet marketing, internet operation, brand marke… Read more

Xiamen Anne Corp Ltd (002235) - Net Assets

Latest net assets as of September 2025: CN¥764.07 Million CNY

Based on the latest financial reports, Xiamen Anne Corp Ltd (002235) has net assets worth CN¥764.07 Million 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¥1.20 Billion) and total liabilities (CN¥435.96 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¥764.07 Million
% of Total Assets 63.67%
Annual Growth Rate 12.79%
5-Year Change -39.28%
10-Year Change 92.14%
Growth Volatility 122.13

Xiamen Anne Corp Ltd - Net Assets Trend (2005–2024)

This chart illustrates how Xiamen Anne Corp 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 Xiamen Anne Corp Ltd (2005–2024)

The table below shows the annual net assets of Xiamen Anne Corp Ltd from 2005 to 2024.

Year Net Assets Change
2024-12-31 CN¥753.28 Million +3.04%
2023-12-31 CN¥731.06 Million -27.40%
2022-12-31 CN¥1.01 Billion -18.33%
2021-12-31 CN¥1.23 Billion -0.61%
2020-12-31 CN¥1.24 Billion -33.16%
2019-12-31 CN¥1.86 Billion -15.10%
2018-12-31 CN¥2.19 Billion -1.66%
2017-12-31 CN¥2.22 Billion -6.88%
2016-12-31 CN¥2.39 Billion +509.00%
2015-12-31 CN¥392.05 Million +9.10%
2014-12-31 CN¥359.35 Million -23.09%
2013-12-31 CN¥467.27 Million -6.19%
2012-12-31 CN¥498.07 Million +2.23%
2011-12-31 CN¥487.19 Million -3.76%
2010-12-31 CN¥506.22 Million +1.70%
2009-12-31 CN¥497.76 Million +9.65%
2008-12-31 CN¥453.96 Million +205.40%
2007-12-31 CN¥148.65 Million +52.47%
2006-12-31 CN¥97.49 Million +27.43%
2005-12-31 CN¥76.50 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xiamen Anne Corp 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 9000.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥579.57 Million 77.88%
Other Comprehensive Income CN¥-66.48 Million -8.93%
Other Components CN¥1.38 Billion 185.06%
Total Equity CN¥744.20 Million 100.00%

Xiamen Anne Corp Ltd Competitors by Market Cap

The table below lists competitors of Xiamen Anne Corp Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xiamen Anne Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 721,716,684 to 744,204,586, a change of 22,487,902 (3.1%).
  • Net income of 28,153,350 contributed positively to equity growth.
  • Dividend payments of 1,416,830 reduced retained earnings.
  • Share repurchases of 813,037 reduced equity.
  • Other comprehensive income decreased equity by 5,665,448.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥28.15 Million +3.78%
Dividends Paid CN¥1.42 Million -0.19%
Share Repurchases CN¥813.04K -0.11%
Other Comprehensive Income CN¥-5.67 Million -0.76%
Other Changes CN¥2.23 Million +0.3%
Total Change CN¥- 3.12%

Book Value vs Market Value Analysis

This analysis compares Xiamen Anne Corp 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: 8.92x
  • 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 48.27x to 8.92x 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¥0.24 CN¥11.56 x
2006-12-31 CN¥0.30 CN¥11.56 x
2007-12-31 CN¥0.46 CN¥11.56 x
2008-12-31 CN¥1.12 CN¥11.56 x
2009-12-31 CN¥1.08 CN¥11.56 x
2010-12-31 CN¥1.64 CN¥11.56 x
2011-12-31 CN¥1.01 CN¥11.56 x
2012-12-31 CN¥1.05 CN¥11.56 x
2013-12-31 CN¥1.01 CN¥11.56 x
2014-12-31 CN¥0.80 CN¥11.56 x
2015-12-31 CN¥0.83 CN¥11.56 x
2016-12-31 CN¥4.97 CN¥11.56 x
2017-12-31 CN¥3.57 CN¥11.56 x
2018-12-31 CN¥3.51 CN¥11.56 x
2019-12-31 CN¥2.99 CN¥11.56 x
2020-12-31 CN¥2.12 CN¥11.56 x
2021-12-31 CN¥2.11 CN¥11.56 x
2022-12-31 CN¥1.74 CN¥11.56 x
2023-12-31 CN¥1.25 CN¥11.56 x
2024-12-31 CN¥1.30 CN¥11.56 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xiamen Anne Corp 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): 3.78%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.18%
  • • Asset Turnover: 0.29x
  • • Equity Multiplier: 1.57x
  • Recent ROE (3.78%) is above the historical average (-1.97%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 14.28% 4.22% 1.22x 2.77x CN¥3.16 Million
2006 21.96% 6.74% 1.37x 2.38x CN¥11.32 Million
2007 30.39% 11.23% 1.36x 1.99x CN¥30.31 Million
2008 11.68% 10.82% 0.80x 1.35x CN¥7.60 Million
2009 9.57% 8.32% 0.66x 1.73x CN¥-2.00 Million
2010 0.55% 0.40% 0.74x 1.86x CN¥-44.14 Million
2011 0.88% 0.66% 0.77x 1.72x CN¥-43.23 Million
2012 2.11% 1.78% 0.79x 1.49x CN¥-38.25 Million
2013 2.16% 1.73% 0.71x 1.76x CN¥-34.91 Million
2014 -26.07% -20.47% 0.73x 1.74x CN¥-127.35 Million
2015 1.93% 1.65% 0.66x 1.78x CN¥-29.36 Million
2016 0.49% 2.71% 0.16x 1.13x CN¥-225.73 Million
2017 -16.46% -55.45% 0.26x 1.13x CN¥-586.84 Million
2018 3.45% 10.56% 0.28x 1.15x CN¥-143.14 Million
2019 1.30% 5.56% 0.19x 1.22x CN¥-161.57 Million
2020 -50.71% -186.23% 0.21x 1.31x CN¥-746.40 Million
2021 1.85% 5.74% 0.26x 1.23x CN¥-99.67 Million
2022 -13.93% -38.47% 0.28x 1.27x CN¥-238.71 Million
2023 -38.55% -75.61% 0.31x 1.64x CN¥-350.37 Million
2024 3.78% 8.18% 0.29x 1.57x CN¥-46.27 Million

Industry Comparison

This section compares Xiamen Anne Corp 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: $6,548,466,007
  • Average return on equity (ROE) among peers: 7.70%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xiamen Anne Corp Ltd (002235) CN¥764.07 Million 14.28% 0.57x $690.81 Million
MCC Meili Paper Industry Co Ltd (000815) $687.08 Million 3.61% 3.56x $1.05 Billion
Zhejiang Kan Specialities Material Co Ltd (002012) $1.27 Billion 0.69% 0.38x $345.33 Million
Zhejiang Jingxing Paper Joint Stock Co Ltd (002067) $5.58 Billion 1.64% 0.47x $904.31 Million
Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) $16.24 Billion 12.03% 1.21x $3.05 Billion
Qifeng New Material Co Ltd (002521) $3.42 Billion 4.70% 0.31x $393.76 Million
Shandong Chenming Paper Holdings Ltd Class B (200488) $26.34 Billion 6.29% 2.72x $243.66 Million
Cre8 Direct Ningbo Co Ltd (300703) $132.73 Million 27.36% 1.96x $287.02 Million
Fujian Qingshan Paper Industry Co Ltd (600103) $4.31 Billion 1.97% 0.48x $808.66 Million
Minfeng Special Paper Co Ltd (600235) $971.37 Million 10.98% 1.09x $218.70 Million