C&S Paper Co Ltd (002511) - Net Assets
Based on the latest financial reports, C&S Paper Co Ltd (002511) has net assets worth CN¥5.51 Billion CNY (≈ $806.03 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¥9.17 Billion ≈ $1.34 Billion USD) and total liabilities (CN¥3.67 Billion ≈ $536.48 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 C&S Paper Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.51 Billion |
| % of Total Assets | 60.04% |
| Annual Growth Rate | 19.48% |
| 5-Year Change | 7.55% |
| 10-Year Change | 122.81% |
| Growth Volatility | 64.74 |
C&S Paper Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how C&S Paper Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is C&S Paper Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for C&S Paper Co Ltd (2007–2024)
The table below shows the annual net assets of C&S Paper Co Ltd from 2007 to 2024. For live valuation and market cap data, see C&S Paper Co Ltd (002511) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.42 Billion ≈ $793.56 Million |
-1.06% |
| 2023-12-31 | CN¥5.48 Billion ≈ $802.08 Million |
+5.80% |
| 2022-12-31 | CN¥5.18 Billion ≈ $758.10 Million |
+5.58% |
| 2021-12-31 | CN¥4.91 Billion ≈ $718.02 Million |
-2.68% |
| 2020-12-31 | CN¥5.04 Billion ≈ $737.82 Million |
+23.67% |
| 2019-12-31 | CN¥4.08 Billion ≈ $596.59 Million |
+23.13% |
| 2018-12-31 | CN¥3.31 Billion ≈ $484.54 Million |
+8.78% |
| 2017-12-31 | CN¥3.04 Billion ≈ $445.42 Million |
+12.89% |
| 2016-12-31 | CN¥2.70 Billion ≈ $394.57 Million |
+10.78% |
| 2015-12-31 | CN¥2.43 Billion ≈ $356.17 Million |
+3.58% |
| 2014-12-31 | CN¥2.35 Billion ≈ $343.85 Million |
+2.96% |
| 2013-12-31 | CN¥2.28 Billion ≈ $333.98 Million |
+3.48% |
| 2012-12-31 | CN¥2.21 Billion ≈ $322.74 Million |
+6.16% |
| 2011-12-31 | CN¥2.08 Billion ≈ $304.01 Million |
+4.04% |
| 2010-12-31 | CN¥2.00 Billion ≈ $292.20 Million |
+280.36% |
| 2009-12-31 | CN¥524.98 Million ≈ $76.82 Million |
+25.46% |
| 2008-12-31 | CN¥418.43 Million ≈ $61.23 Million |
+59.08% |
| 2007-12-31 | CN¥263.02 Million ≈ $38.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to C&S Paper 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 3367.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.63 Billion | 66.97% |
| Common Stock | CN¥1.29 Billion | 23.89% |
| Other Components | CN¥494.39 Million | 9.13% |
| Total Equity | CN¥5.41 Billion | 100.00% |
C&S Paper Co Ltd Competitors by Market Cap
The table below lists competitors of C&S Paper Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IBI Inv House
TA:IBI
|
$1.61 Billion |
|
Shenzhen Noposion Agrochemicals Co Ltd
SHE:002215
|
$1.61 Billion |
|
IReader Technology Co Ltd
SHG:603533
|
$1.61 Billion |
|
Eastcompeace Technology Co Ltd
SHE:002017
|
$1.61 Billion |
|
Alembic Pharmaceuticals Limited
NSE:APLLTD
|
$1.60 Billion |
|
HBIS Resources Co Ltd
SHE:000923
|
$1.60 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
$1.60 Billion |
|
BlackRock Science and Technology Trust II
NYSE:BSTZ
|
$1.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in C&S Paper Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,472,277,969 to 5,413,570,357, a change of -58,707,612 (-1.1%).
- Net income of 77,181,583 contributed positively to equity growth.
- Dividend payments of 107,749,119 reduced retained earnings.
- Share repurchases of 120,014,684 reduced equity.
- Other comprehensive income increased equity by 309,513,232.
- Other factors decreased equity by 217,638,624.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥77.18 Million | +1.43% |
| Dividends Paid | CN¥107.75 Million | -1.99% |
| Share Repurchases | CN¥120.01 Million | -2.22% |
| Other Comprehensive Income | CN¥309.51 Million | +5.72% |
| Other Changes | CN¥-217.64 Million | -4.02% |
| Total Change | CN¥- | -1.07% |
Book Value vs Market Value Analysis
This analysis compares C&S Paper 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: 2.03x
- 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 37.34x to 2.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.23 | CN¥8.53 | x |
| 2008-12-31 | CN¥0.37 | CN¥8.53 | x |
| 2009-12-31 | CN¥0.46 | CN¥8.53 | x |
| 2010-12-31 | CN¥2.08 | CN¥8.53 | x |
| 2011-12-31 | CN¥1.68 | CN¥8.53 | x |
| 2012-12-31 | CN¥1.78 | CN¥8.53 | x |
| 2013-12-31 | CN¥1.87 | CN¥8.53 | x |
| 2014-12-31 | CN¥1.91 | CN¥8.53 | x |
| 2015-12-31 | CN¥1.95 | CN¥8.53 | x |
| 2016-12-31 | CN¥2.13 | CN¥8.53 | x |
| 2017-12-31 | CN¥2.44 | CN¥8.53 | x |
| 2018-12-31 | CN¥2.60 | CN¥8.53 | x |
| 2019-12-31 | CN¥3.11 | CN¥8.53 | x |
| 2020-12-31 | CN¥3.84 | CN¥8.53 | x |
| 2021-12-31 | CN¥3.71 | CN¥8.53 | x |
| 2022-12-31 | CN¥3.99 | CN¥8.53 | x |
| 2023-12-31 | CN¥4.28 | CN¥8.53 | x |
| 2024-12-31 | CN¥4.21 | CN¥8.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently C&S Paper 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): 1.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.95%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 1.72x
- Recent ROE (1.43%) is below the historical average (10.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 20.32% | 3.29% | 1.08x | 5.72x | CN¥20.67 Million |
| 2008 | 14.76% | 3.52% | 1.00x | 4.21x | CN¥16.39 Million |
| 2009 | 25.51% | 6.82% | 1.09x | 3.42x | CN¥67.14 Million |
| 2010 | 5.46% | 6.12% | 0.55x | 1.63x | CN¥-90.48 Million |
| 2011 | 3.88% | 4.34% | 0.66x | 1.36x | CN¥-126.87 Million |
| 2012 | 7.22% | 6.79% | 0.68x | 1.56x | CN¥-61.31 Million |
| 2013 | 5.08% | 4.63% | 0.56x | 1.97x | CN¥-112.30 Million |
| 2014 | 2.87% | 2.68% | 0.55x | 1.94x | CN¥-167.48 Million |
| 2015 | 3.62% | 2.98% | 0.65x | 1.87x | CN¥-155.20 Million |
| 2016 | 9.66% | 6.84% | 0.84x | 1.67x | CN¥-9.22 Million |
| 2017 | 11.47% | 7.53% | 0.80x | 1.90x | CN¥44.67 Million |
| 2018 | 12.29% | 7.17% | 1.10x | 1.55x | CN¥75.87 Million |
| 2019 | 14.81% | 9.10% | 1.10x | 1.48x | CN¥196.13 Million |
| 2020 | 17.97% | 11.58% | 1.05x | 1.48x | CN¥401.67 Million |
| 2021 | 11.85% | 6.35% | 1.22x | 1.53x | CN¥90.74 Million |
| 2022 | 6.76% | 4.08% | 1.03x | 1.61x | CN¥-167.83 Million |
| 2023 | 6.08% | 3.40% | 1.03x | 1.75x | CN¥-214.48 Million |
| 2024 | 1.43% | 0.95% | 0.87x | 1.72x | CN¥-464.18 Million |
Industry Comparison
This section compares C&S Paper Co Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,004,667,463
- Average return on equity (ROE) among peers: 7.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| C&S Paper Co Ltd (002511) | CN¥5.51 Billion | 20.32% | 0.67x | $1.61 Billion |
| Lonkey Industrial Co Ltd Guangzhou (000523) | $429.81 Million | 2.53% | 0.50x | $926.62 Million |
| Tianjin Yiyi Hygiene Products Co Ltd (001206) | $161.85 Million | 24.59% | 1.41x | $512.44 Million |
| Hunan Resun Co Ltd (001218) | $310.82 Million | 10.88% | 1.57x | $526.33 Million |
| Qingdao Kingking Applied Chemistry Co Ltd (002094) | $2.87 Billion | 14.06% | 0.63x | $602.56 Million |
| Anhui Deli Household Glass Co Ltd (002571) | $1.47 Billion | -4.17% | 0.37x | $654.99 Million |
| Mingchen Health Co Ltd Class A (002919) | $550.90 Million | 5.38% | 0.27x | $935.25 Million |
| Chongqing Baiya Sanitary Products Co (003006) | $359.21 Million | 16.81% | 0.32x | $1.16 Billion |
| Chengdu Rainbow Appliance Gr (003023) | $1.58 Billion | 6.93% | 0.39x | $467.07 Million |
| Fujian Green Pine Co Ltd (300132) | $1.31 Billion | -5.20% | 0.81x | $713.59 Million |
About C&S Paper Co Ltd
C&S Paper Co.,Ltd manufactures and sells household paper products in Mainland China. The company offers paper rolls, facial tissues, scented paper handkerchiefs, wipes, non-woven products, personal care products, baby diapers, cotton tissues, etc. It also sells medical devices, disposable medical products, disinfectants, medical devices, kitchenware, sanitary ware, daily sundries, non-woven fabri… Read more