Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) - Net Assets
Based on the latest financial reports, Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) has net assets worth CN¥4.58 Billion CNY (≈ $670.73 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¥7.32 Billion ≈ $1.07 Billion USD) and total liabilities (CN¥2.73 Billion ≈ $399.73 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 Shenzhen MYS Environmental Protection & liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.58 Billion |
| % of Total Assets | 62.66% |
| Annual Growth Rate | 23.35% |
| 5-Year Change | -7.0% |
| 10-Year Change | 85.54% |
| Growth Volatility | 100.84 |
Shenzhen MYS Environmental Protection & Technology Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Shenzhen MYS Environmental Protection & Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002303 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen MYS Environmental Protection & Technology Co Ltd (2006–2024)
The table below shows the annual net assets of Shenzhen MYS Environmental Protection & Technology Co Ltd from 2006 to 2024. For live valuation and market cap data, see 002303 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.56 Billion ≈ $666.82 Million |
-11.39% |
| 2023-12-31 | CN¥5.14 Billion ≈ $752.50 Million |
+3.41% |
| 2022-12-31 | CN¥4.97 Billion ≈ $727.68 Million |
+2.03% |
| 2021-12-31 | CN¥4.87 Billion ≈ $713.23 Million |
-0.53% |
| 2020-12-31 | CN¥4.90 Billion ≈ $717.01 Million |
-6.60% |
| 2019-12-31 | CN¥5.25 Billion ≈ $767.70 Million |
+14.54% |
| 2018-12-31 | CN¥4.58 Billion ≈ $670.24 Million |
+2.97% |
| 2017-12-31 | CN¥4.45 Billion ≈ $650.89 Million |
+10.19% |
| 2016-12-31 | CN¥4.04 Billion ≈ $590.68 Million |
+64.35% |
| 2015-12-31 | CN¥2.46 Billion ≈ $359.40 Million |
+8.81% |
| 2014-12-31 | CN¥2.26 Billion ≈ $330.31 Million |
+12.55% |
| 2013-12-31 | CN¥2.01 Billion ≈ $293.47 Million |
+10.89% |
| 2012-12-31 | CN¥1.81 Billion ≈ $264.65 Million |
+6.30% |
| 2011-12-31 | CN¥1.70 Billion ≈ $248.97 Million |
+3.11% |
| 2010-12-31 | CN¥1.65 Billion ≈ $241.47 Million |
+9.43% |
| 2009-12-31 | CN¥1.51 Billion ≈ $220.66 Million |
+443.97% |
| 2008-12-31 | CN¥277.22 Million ≈ $40.57 Million |
+58.20% |
| 2007-12-31 | CN¥175.23 Million ≈ $25.64 Million |
+67.99% |
| 2006-12-31 | CN¥104.31 Million ≈ $15.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen MYS Environmental Protection & Technology 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 788.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥726.69 Million | 16.17% |
| Common Stock | CN¥1.53 Billion | 34.08% |
| Other Comprehensive Income | CN¥992.31 Million | 22.08% |
| Other Components | CN¥1.24 Billion | 27.66% |
| Total Equity | CN¥4.49 Billion | 100.00% |
Shenzhen MYS Environmental Protection & Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen MYS Environmental Protection & Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nankang Rubber Tire Corp Ltd
TW:2101
|
$762.01 Million |
|
Beijing Advanced Digital Technology Co Ltd
SHE:300541
|
$762.07 Million |
|
Hangzhou Biotest Biotech Co Ltd
SHG:688767
|
$762.42 Million |
|
Anhui Coreach Technology Co Ltd
SHE:002983
|
$762.59 Million |
|
OCI NV
AS:OCI
|
$761.80 Million |
|
Nantong Xingqiu Graphite Co. Ltd. A
SHG:688633
|
$761.58 Million |
|
LiJiang YuLong Tourism Co Ltd
SHE:002033
|
$761.46 Million |
|
New Trend International Logis-Tech Co Ltd
SHE:300532
|
$761.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen MYS Environmental Protection & Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,081,875,641 to 4,493,166,457, a change of -588,709,184 (-11.6%).
- Net income of 281,604,315 contributed positively to equity growth.
- Dividend payments of 905,376,450 reduced retained earnings.
- Other comprehensive income increased equity by 992,311,983.
- Other factors decreased equity by 957,249,032.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥281.60 Million | +6.27% |
| Dividends Paid | CN¥905.38 Million | -20.15% |
| Other Comprehensive Income | CN¥992.31 Million | +22.08% |
| Other Changes | CN¥-957.25 Million | -21.3% |
| Total Change | CN¥- | -11.58% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen MYS Environmental Protection & Technology 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: 1.16x
- 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 34.89x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.10 | CN¥3.40 | x |
| 2007-12-31 | CN¥0.16 | CN¥3.40 | x |
| 2008-12-31 | CN¥0.26 | CN¥3.40 | x |
| 2009-12-31 | CN¥1.33 | CN¥3.40 | x |
| 2010-12-31 | CN¥1.15 | CN¥3.40 | x |
| 2011-12-31 | CN¥1.19 | CN¥3.40 | x |
| 2012-12-31 | CN¥1.26 | CN¥3.40 | x |
| 2013-12-31 | CN¥1.37 | CN¥3.40 | x |
| 2014-12-31 | CN¥1.54 | CN¥3.40 | x |
| 2015-12-31 | CN¥1.66 | CN¥3.40 | x |
| 2016-12-31 | CN¥2.73 | CN¥3.40 | x |
| 2017-12-31 | CN¥2.80 | CN¥3.40 | x |
| 2018-12-31 | CN¥2.91 | CN¥3.40 | x |
| 2019-12-31 | CN¥3.36 | CN¥3.40 | x |
| 2020-12-31 | CN¥3.16 | CN¥3.40 | x |
| 2021-12-31 | CN¥3.13 | CN¥3.40 | x |
| 2022-12-31 | CN¥3.21 | CN¥3.40 | x |
| 2023-12-31 | CN¥3.32 | CN¥3.40 | x |
| 2024-12-31 | CN¥2.94 | CN¥3.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen MYS Environmental Protection & Technology 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): 6.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.03%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.59x
- Recent ROE (6.27%) is below the historical average (11.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 32.09% | 13.18% | 1.17x | 2.08x | CN¥23.04 Million |
| 2007 | 40.47% | 15.60% | 1.42x | 1.82x | CN¥53.40 Million |
| 2008 | 36.79% | 16.09% | 1.36x | 1.68x | CN¥74.25 Million |
| 2009 | 8.80% | 18.90% | 0.39x | 1.19x | CN¥-18.16 Million |
| 2010 | 8.64% | 19.55% | 0.37x | 1.21x | CN¥-22.52 Million |
| 2011 | 6.23% | 12.61% | 0.42x | 1.17x | CN¥-64.22 Million |
| 2012 | 5.93% | 10.37% | 0.48x | 1.20x | CN¥-73.67 Million |
| 2013 | 8.86% | 13.33% | 0.49x | 1.35x | CN¥-22.39 Million |
| 2014 | 11.95% | 16.81% | 0.53x | 1.33x | CN¥42.91 Million |
| 2015 | 9.30% | 10.93% | 0.62x | 1.36x | CN¥-16.66 Million |
| 2016 | 5.65% | 10.07% | 0.46x | 1.22x | CN¥-172.08 Million |
| 2017 | 8.05% | 12.19% | 0.48x | 1.37x | CN¥-84.27 Million |
| 2018 | 8.97% | 12.35% | 0.51x | 1.42x | CN¥-45.93 Million |
| 2019 | 10.41% | 15.78% | 0.47x | 1.41x | CN¥21.07 Million |
| 2020 | 4.01% | 5.77% | 0.46x | 1.50x | CN¥-289.40 Million |
| 2021 | 2.06% | 2.74% | 0.49x | 1.53x | CN¥-380.62 Million |
| 2022 | 2.74% | 3.26% | 0.56x | 1.51x | CN¥-357.02 Million |
| 2023 | 3.86% | 5.58% | 0.45x | 1.52x | CN¥-312.10 Million |
| 2024 | 6.27% | 7.03% | 0.56x | 1.59x | CN¥-167.71 Million |
Industry Comparison
This section compares Shenzhen MYS Environmental Protection & Technology Co Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,866,965,468
- Average return on equity (ROE) among peers: 2.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | CN¥4.58 Billion | 32.09% | 0.60x | $761.87 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $2.42 Billion | 2.89% | 1.12x | $758.20 Million |
| Huangshan Novel Co Ltd (002014) | $1.51 Billion | 11.70% | 0.26x | $1.00 Billion |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $4.37 Billion | 16.48% | 0.23x | $805.15 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $830.41 Million | 8.56% | 0.96x | $692.47 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $128.26 Million | 25.54% | 1.46x | $1.51 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $2.79 Billion | -6.65% | 0.42x | $1.11 Billion |
| Shandong Lipeng Co Ltd (002374) | $1.32 Billion | -51.89% | 1.91x | $511.34 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $1.36 Billion | 4.42% | 0.28x | $841.65 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $2.06 Billion | 11.10% | 0.50x | $2.95 Billion |
About Shenzhen MYS Environmental Protection & Technology Co Ltd
MYS Group Co., Ltd. develops, produces, and sells packaging products in China and internationally. The company offers transport, corrugated, fine, heavy, and light packaging products; label products; packaging integration services, such as packaging product design, structural design, packaging solution optimization, third-party procurement of packaging materials, and packaging product logistics d… Read more