Shandong Lipeng Co Ltd (002374) - Net Assets

Latest as of March 2026: CN¥471.92 Million CNY ≈ $69.06 Million USD

Based on the latest financial reports, Shandong Lipeng Co Ltd (002374) has net assets worth CN¥471.92 Million CNY (≈ $69.06 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¥2.96 Billion ≈ $433.72 Million USD) and total liabilities (CN¥2.49 Billion ≈ $364.67 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. Explore 002374 cash flow conversion to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥471.92 Million
% of Total Assets	15.92%
Annual Growth Rate	11.35%
5-Year Change	-71.27%
10-Year Change	-80.25%
Growth Volatility	53.33

Shandong Lipeng Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Shandong Lipeng Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore Shandong Lipeng Co Ltd (002374) long-term investment share to see how much of total assets are deployed in long-term investments.

Annual Net Assets for Shandong Lipeng Co Ltd (2006–2025)

The table below shows the annual net assets of Shandong Lipeng Co Ltd from 2006 to 2025. For live valuation and market cap data, see how much is Shandong Lipeng Co Ltd worth.

Year	Net Assets	Change
2025-12-31	CN¥621.31 Million ≈ $90.92 Million	-29.55%
2024-12-31	CN¥881.97 Million ≈ $129.06 Million	-23.10%
2023-12-31	CN¥1.15 Billion ≈ $167.84 Million	-13.39%
2022-12-31	CN¥1.32 Billion ≈ $193.77 Million	-38.76%
2021-12-31	CN¥2.16 Billion ≈ $316.40 Million	-23.91%
2020-12-31	CN¥2.84 Billion ≈ $415.83 Million	+10.58%
2019-12-31	CN¥2.57 Billion ≈ $376.04 Million	+1.91%
2018-12-31	CN¥2.52 Billion ≈ $369.00 Million	-21.45%
2017-12-31	CN¥3.21 Billion ≈ $469.78 Million	+2.04%
2016-12-31	CN¥3.15 Billion ≈ $460.38 Million	+56.40%
2015-12-31	CN¥2.01 Billion ≈ $294.37 Million	+6.23%
2014-12-31	CN¥1.89 Billion ≈ $277.12 Million	+127.02%
2013-12-31	CN¥834.19 Million ≈ $122.07 Million	+0.78%
2012-12-31	CN¥827.71 Million ≈ $121.12 Million	+53.88%
2011-12-31	CN¥537.90 Million ≈ $78.71 Million	+0.10%
2010-12-31	CN¥537.39 Million ≈ $78.64 Million	+174.83%
2009-12-31	CN¥195.54 Million ≈ $28.61 Million	+24.03%
2008-12-31	CN¥157.65 Million ≈ $23.07 Million	+19.65%
2007-12-31	CN¥131.77 Million ≈ $19.28 Million	+63.65%
2006-12-31	CN¥80.52 Million ≈ $11.78 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 7389.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥3.16 Billion	463.23%
Total Equity	CN¥682.93 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.

Company	Market Cap
Fujian Minfa Aluminium Co Ltd SHE:002578	$559.02 Million
First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued NASDAQ:TRAXV	$559.11 Million
Kambi Group PLC Series B IL:0EAW	$559.27 Million
Algoma Steel Group Inc TO:ASTL	$559.44 Million
Inner Mongolia North Hauler Joint Stock Co Ltd SHG:600262	$558.97 Million
EXPLOS. PROD. CHIM.EO 31 F:9Z50	$558.92 Million
Shanghai Metersbonwe Fashion&Accessories Co Ltd SHE:002269	$558.84 Million
JinJian Cereals Industry Co Ltd SHG:600127	$558.78 Million

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 2024 to 2025, total equity changed from 937,259,590 to 682,928,648, a change of -254,330,942 (-27.1%).
Net loss of 255,394,205 reduced equity.
Dividend payments of 52,701,234 reduced retained earnings.
Other comprehensive income decreased equity by 15,647,357.
Other factors increased equity by 69,411,854.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-255.39 Million	-37.4%
Dividends Paid	CN¥52.70 Million	-7.72%
Other Comprehensive Income	CN¥-15.65 Million	-2.29%
Other Changes	CN¥69.41 Million	+10.16%
Total Change	CN¥-	-27.14%

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: 5.59x
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 9.50x to 5.59x 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¥3.52	x
2007-12-31	CN¥0.59	CN¥3.52	x
2008-12-31	CN¥0.58	CN¥3.52	x
2009-12-31	CN¥0.69	CN¥3.52	x
2010-12-31	CN¥1.62	CN¥3.52	x
2011-12-31	CN¥1.57	CN¥3.52	x
2012-12-31	CN¥2.30	CN¥3.52	x
2013-12-31	CN¥1.94	CN¥3.52	x
2014-12-31	CN¥4.33	CN¥3.52	x
2015-12-31	CN¥2.79	CN¥3.52	x
2016-12-31	CN¥4.01	CN¥3.52	x
2017-12-31	CN¥3.54	CN¥3.52	x
2018-12-31	CN¥2.73	CN¥3.52	x
2019-12-31	CN¥2.88	CN¥3.52	x
2020-12-31	CN¥2.87	CN¥3.52	x
2021-12-31	CN¥1.88	CN¥3.52	x
2022-12-31	CN¥1.24	CN¥3.52	x
2023-12-31	CN¥1.11	CN¥3.52	x
2024-12-31	CN¥0.88	CN¥3.52	x
2025-12-31	CN¥0.63	CN¥3.52	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): -37.40%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -45.84%
• Asset Turnover: 0.18x
• Equity Multiplier: 4.47x
Recent ROE (-37.40%) is below the historical average (-4.70%), 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	-6.63%	-29.13%	0.11x	2.09x	CN¥-450.32 Million
2021	-32.47%	-97.04%	0.14x	2.38x	CN¥-866.40 Million
2022	-50.78%	-81.74%	0.22x	2.85x	CN¥-822.44 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
2025	-37.40%	-45.84%	0.18x	4.47x	CN¥-323.69 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: $1,401,232,146
Average return on equity (ROE) among peers: 14.23%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shandong Lipeng Co Ltd (002374)	CN¥471.92 Million	19.17%	5.28x	$558.98 Million
Zhuhai Zhongfu Enterprise Co Ltd (000659)	$302.24 Million	17.19%	1.36x	$777.01 Million
Huangshan Novel Co Ltd (002014)	$111.53 Million	31.69%	0.99x	$989.48 Million
Shenzhen Jinjia Color Printing Group Co Ltd (002191)	$2.61 Billion	11.62%	0.43x	$771.16 Million
Xiamen Hexing Packaging Printing Co Ltd (002228)	$3.79 Billion	7.65%	1.15x	$603.69 Million
Shenzhen Beauty Star Co Ltd (002243)	$590.09 Million	16.39%	0.36x	$1.51 Billion
Zhejiang Great Southeast Co Ltd (002263)	$528.24 Million	10.31%	2.26x	$981.26 Million
Shenzhen MYS Environmental Protection & Technology Co Ltd (002303)	$2.46 Billion	8.98%	0.31x	$746.19 Million
Zhejiang Zhongcheng Packing Material Co Ltd (002522)	$113.33 Million	25.56%	1.45x	$880.09 Million
Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565)	$2.11 Billion	-1.34%	0.36x	$2.32 Billion

About Shandong Lipeng Co Ltd

SHE:002374 China Packaging & Containers

Market Cap

$558.98 Million

CN¥3.82 Billion CNY

Market Cap Rank

#11949 Global

#3548 in China

Share Price

CN¥3.52

Change (1 day)

-5.88%

52-Week Range

CN¥2.65 - CN¥4.21

All Time High

CN¥11.99