Shandong Lipeng Co Ltd

SHE:002374 China Packaging & Containers
Market Cap
$516.19 Million
CN¥3.79 Billion CNY
Market Cap Rank
#11253 Global
#2612 in China
Share Price
CN¥3.49
Change (1 day)
-0.57%
52-Week Range
CN¥2.17 - CN¥4.21
All Time High
CN¥11.99
About

Shandong Chiway Industry Development Co.,Ltd. produces and sells of aluminum anti-counterfeiting bottle caps and anti-counterfeiting printed aluminum plates in China and internationally. The company provides ecological landscape engineering services, including project planning, landscape planning and design, engineering construction, antique buildings, water pollution control, soil restoration, g… Read more

Shandong Lipeng Co Ltd (002374) - Net Assets

Latest net assets as of September 2025: CN¥782.73 Million CNY

Based on the latest financial reports, Shandong Lipeng Co Ltd (002374) has net assets worth CN¥782.73 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¥3.20 Billion) and total liabilities (CN¥2.42 Billion). 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¥782.73 Million
% of Total Assets 24.44%
Annual Growth Rate 14.22%
5-Year Change -68.96%
10-Year Change -56.16%
Growth Volatility 53.43

Shandong Lipeng Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Shandong Lipeng 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 Shandong Lipeng Co Ltd (2006–2024)

The table below shows the annual net assets of Shandong Lipeng Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥881.97 Million -23.10%
2023-12-31 CN¥1.15 Billion -13.39%
2022-12-31 CN¥1.32 Billion -38.76%
2021-12-31 CN¥2.16 Billion -23.91%
2020-12-31 CN¥2.84 Billion +10.58%
2019-12-31 CN¥2.57 Billion +1.91%
2018-12-31 CN¥2.52 Billion -21.45%
2017-12-31 CN¥3.21 Billion +2.04%
2016-12-31 CN¥3.15 Billion +56.40%
2015-12-31 CN¥2.01 Billion +6.23%
2014-12-31 CN¥1.89 Billion +127.02%
2013-12-31 CN¥834.19 Million +0.78%
2012-12-31 CN¥827.71 Million +53.88%
2011-12-31 CN¥537.90 Million +0.10%
2010-12-31 CN¥537.39 Million +174.83%
2009-12-31 CN¥195.54 Million +24.03%
2008-12-31 CN¥157.65 Million +19.65%
2007-12-31 CN¥131.77 Million +63.65%
2006-12-31 CN¥80.52 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shandong Lipeng 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 6643.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.09 Billion 115.79%
Other Comprehensive Income CN¥15.65 Million 1.67%
Other Components CN¥2.06 Billion 220.11%
Total Equity CN¥937.26 Million 100.00%

Shandong Lipeng Co Ltd Competitors by Market Cap

The table below lists competitors of Shandong Lipeng Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shandong Lipeng Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,194,395,199 to 937,259,590, a change of -257,135,609 (-21.5%).
  • Net loss of 256,519,010 reduced equity.
  • Dividend payments of 68,938,500 reduced retained earnings.
  • Other comprehensive income decreased equity by 1,830,884.
  • Other factors increased equity by 70,152,785.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-256.52 Million -27.37%
Dividends Paid CN¥68.94 Million -7.36%
Other Comprehensive Income CN¥-1.83 Million -0.2%
Other Changes CN¥70.15 Million +7.48%
Total Change CN¥- -21.53%

Book Value vs Market Value Analysis

This analysis compares Shandong Lipeng 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: 3.98x
  • 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 9.42x to 3.98x 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¥0.37 CN¥3.49 x
2007-12-31 CN¥0.59 CN¥3.49 x
2008-12-31 CN¥0.58 CN¥3.49 x
2009-12-31 CN¥0.69 CN¥3.49 x
2010-12-31 CN¥1.62 CN¥3.49 x
2011-12-31 CN¥1.57 CN¥3.49 x
2012-12-31 CN¥2.30 CN¥3.49 x
2013-12-31 CN¥1.94 CN¥3.49 x
2014-12-31 CN¥4.33 CN¥3.49 x
2015-12-31 CN¥2.79 CN¥3.49 x
2016-12-31 CN¥4.01 CN¥3.49 x
2017-12-31 CN¥3.54 CN¥3.49 x
2018-12-31 CN¥2.73 CN¥3.49 x
2019-12-31 CN¥2.77 CN¥3.49 x
2020-12-31 CN¥2.87 CN¥3.49 x
2021-12-31 CN¥1.88 CN¥3.49 x
2022-12-31 CN¥1.25 CN¥3.49 x
2023-12-31 CN¥1.11 CN¥3.49 x
2024-12-31 CN¥0.88 CN¥3.49 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Lipeng 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): -27.37%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -40.32%
  • • Asset Turnover: 0.19x
  • • Equity Multiplier: 3.67x
  • Recent ROE (-27.37%) is below the historical average (-3.61%), 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 19.17% 6.11% 0.93x 3.37x CN¥6.50 Million
2007 18.81% 8.22% 1.11x 2.06x CN¥10.67 Million
2008 17.69% 8.82% 0.95x 2.10x CN¥11.31 Million
2009 16.14% 9.33% 0.89x 1.95x CN¥10.87 Million
2010 5.92% 7.58% 0.59x 1.32x CN¥-20.81 Million
2011 2.58% 2.28% 0.71x 1.60x CN¥-38.40 Million
2012 5.13% 6.67% 0.52x 1.49x CN¥-39.10 Million
2013 4.68% 5.73% 0.52x 1.57x CN¥-43.04 Million
2014 1.68% 4.47% 0.24x 1.55x CN¥-155.32 Million
2015 6.10% 8.94% 0.36x 1.91x CN¥-77.49 Million
2016 4.99% 8.90% 0.33x 1.69x CN¥-156.49 Million
2017 2.83% 4.85% 0.29x 2.00x CN¥-228.40 Million
2018 -32.98% -63.29% 0.22x 2.35x CN¥-1.03 Billion
2019 1.39% 2.88% 0.20x 2.47x CN¥-209.24 Million
2020 -6.69% -29.42% 0.11x 2.09x CN¥-452.06 Million
2021 -32.93% -98.41% 0.14x 2.38x CN¥-875.74 Million
2022 -62.21% -100.15% 0.22x 2.85x CN¥-977.19 Million
2023 -13.45% -22.61% 0.19x 3.13x CN¥-280.14 Million
2024 -27.37% -40.32% 0.19x 3.67x CN¥-350.24 Million

Industry Comparison

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

Industry Context

  • Industry: Packaging & Containers
  • Average net assets among peers: $1,592,744,204
  • Average return on equity (ROE) among peers: 8.80%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shandong Lipeng Co Ltd (002374) CN¥782.73 Million 19.17% 3.09x $410.53 Million
Zhuhai Zhongfu Enterprise Co Ltd (000659) $243.75 Million -28.82% 6.53x $570.17 Million
Huangshan Novel Co Ltd (002014) $1.41 Billion 12.64% 0.29x $324.87 Million
Shenzhen Jinjia Color Printing Group Co Ltd (002191) $2.61 Billion 11.62% 0.43x $501.74 Million
Xiamen Hexing Packaging Printing Co Ltd (002228) $3.52 Billion 2.93% 1.34x $305.31 Million
Shenzhen Beauty Star Co Ltd (002243) $1.62 Billion 21.22% 0.22x $727.03 Million
Zhejiang Great Southeast Co Ltd (002263) $507.84 Million 4.90% 3.19x $652.72 Million
Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) $277.22 Million 36.79% 0.68x $465.12 Million
Zhejiang Zhongcheng Packing Material Co Ltd (002522) $2.07 Billion 6.80% 0.73x $525.36 Million
Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) $2.06 Billion 11.10% 0.50x $1.10 Billion