Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) - Net Assets
Based on the latest financial reports, Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) has net assets worth CN¥2.05 Billion CNY (≈ $299.87 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¥2.64 Billion ≈ $386.09 Million USD) and total liabilities (CN¥589.25 Million ≈ $86.23 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 financial resilience of Shanghai Luxin Packing Materials Science to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.05 Billion |
| % of Total Assets | 77.67% |
| Annual Growth Rate | 15.78% |
| 5-Year Change | -2.57% |
| 10-Year Change | 6.7% |
| Growth Volatility | 62.14 |
Shanghai Luxin Packing Materials Science&Technology Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Shanghai Luxin Packing Materials Science&Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Luxin Packing Materials Science asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Luxin Packing Materials Science&Technology Co Ltd (2007–2024)
The table below shows the annual net assets of Shanghai Luxin Packing Materials Science&Technology Co Ltd from 2007 to 2024. For live valuation and market cap data, see market value of Shanghai Luxin Packing Materials Science.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.08 Billion ≈ $304.90 Million |
+0.66% |
| 2023-12-31 | CN¥2.07 Billion ≈ $302.90 Million |
+1.50% |
| 2022-12-31 | CN¥2.04 Billion ≈ $298.44 Million |
-3.24% |
| 2021-12-31 | CN¥2.11 Billion ≈ $308.44 Million |
-1.44% |
| 2020-12-31 | CN¥2.14 Billion ≈ $312.95 Million |
-0.18% |
| 2019-12-31 | CN¥2.14 Billion ≈ $313.53 Million |
-5.91% |
| 2018-12-31 | CN¥2.28 Billion ≈ $333.21 Million |
-6.92% |
| 2017-12-31 | CN¥2.45 Billion ≈ $357.98 Million |
+7.71% |
| 2016-12-31 | CN¥2.27 Billion ≈ $332.36 Million |
+16.31% |
| 2015-12-31 | CN¥1.95 Billion ≈ $285.74 Million |
+6.18% |
| 2014-12-31 | CN¥1.84 Billion ≈ $269.11 Million |
-10.93% |
| 2013-12-31 | CN¥2.06 Billion ≈ $302.13 Million |
+21.25% |
| 2012-12-31 | CN¥1.70 Billion ≈ $249.19 Million |
+12.83% |
| 2011-12-31 | CN¥1.51 Billion ≈ $220.85 Million |
+264.29% |
| 2010-12-31 | CN¥414.30 Million ≈ $60.63 Million |
+16.20% |
| 2009-12-31 | CN¥356.56 Million ≈ $52.18 Million |
+34.61% |
| 2008-12-31 | CN¥264.89 Million ≈ $38.76 Million |
+53.44% |
| 2007-12-31 | CN¥172.63 Million ≈ $25.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Luxin Packing Materials Science&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 355.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥221.67 Million | 11.72% |
| Common Stock | CN¥1.06 Billion | 56.02% |
| Other Comprehensive Income | CN¥120.48 Million | 6.37% |
| Other Components | CN¥489.97 Million | 25.90% |
| Total Equity | CN¥1.89 Billion | 100.00% |
Shanghai Luxin Packing Materials Science&Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Luxin Packing Materials Science&Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Hesheng Special Material Co Ltd
SHE:002290
|
$2.95 Billion |
|
BBVA Banco Frances SA ADR
NYSE:BBAR
|
$2.95 Billion |
|
Hycroft Mining Holding Corporation
NASDAQ:HYMC
|
$2.95 Billion |
|
Forehope Electronic (Ningbo) Co. Ltd. A
SHG:688362
|
$2.96 Billion |
|
Shenzhen Dynanonic Co Ltd
SHE:300769
|
$2.95 Billion |
|
Tibet Mineral Development Co Ltd
SHE:000762
|
$2.95 Billion |
|
ASPEN PHAR.UN.ADR /1 O.N.
F:LDZU
|
$2.95 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
$2.95 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Luxin Packing Materials Science&Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,894,949,137 to 1,892,104,559, a change of -2,844,578 (-0.2%).
- Net income of 45,337,115 contributed positively to equity growth.
- Dividend payments of 31,633,145 reduced retained earnings.
- Other comprehensive income increased equity by 115,305,695.
- Other factors decreased equity by 131,854,243.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥45.34 Million | +2.4% |
| Dividends Paid | CN¥31.63 Million | -1.67% |
| Other Comprehensive Income | CN¥115.31 Million | +6.09% |
| Other Changes | CN¥-131.85 Million | -6.97% |
| Total Change | CN¥- | -0.15% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Luxin Packing Materials Science&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: 11.39x
- 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 85.91x to 11.39x 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¥0.22 | CN¥19.02 | x |
| 2008-12-31 | CN¥0.32 | CN¥19.02 | x |
| 2009-12-31 | CN¥0.45 | CN¥19.02 | x |
| 2010-12-31 | CN¥0.52 | CN¥19.02 | x |
| 2011-12-31 | CN¥1.56 | CN¥19.02 | x |
| 2012-12-31 | CN¥1.58 | CN¥19.02 | x |
| 2013-12-31 | CN¥1.79 | CN¥19.02 | x |
| 2014-12-31 | CN¥1.72 | CN¥19.02 | x |
| 2015-12-31 | CN¥1.72 | CN¥19.02 | x |
| 2016-12-31 | CN¥1.99 | CN¥19.02 | x |
| 2017-12-31 | CN¥2.20 | CN¥19.02 | x |
| 2018-12-31 | CN¥2.00 | CN¥19.02 | x |
| 2019-12-31 | CN¥1.83 | CN¥19.02 | x |
| 2020-12-31 | CN¥1.84 | CN¥19.02 | x |
| 2021-12-31 | CN¥1.81 | CN¥19.02 | x |
| 2022-12-31 | CN¥1.76 | CN¥19.02 | x |
| 2023-12-31 | CN¥2.00 | CN¥19.02 | x |
| 2024-12-31 | CN¥1.67 | CN¥19.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Luxin Packing Materials Science&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): 2.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.99%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.48x
- Recent ROE (2.40%) is below the historical average (8.98%), 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 | 35.87% | 10.94% | 1.51x | 2.17x | CN¥44.25 Million |
| 2008 | 31.40% | 11.50% | 1.32x | 2.06x | CN¥53.36 Million |
| 2009 | 28.17% | 13.84% | 1.15x | 1.77x | CN¥62.41 Million |
| 2010 | 26.15% | 12.61% | 0.98x | 2.13x | CN¥64.19 Million |
| 2011 | 9.16% | 12.75% | 0.58x | 1.25x | CN¥-12.47 Million |
| 2012 | 10.15% | 12.02% | 0.55x | 1.54x | CN¥2.36 Million |
| 2013 | 12.32% | 12.31% | 0.60x | 1.67x | CN¥43.19 Million |
| 2014 | -3.11% | -2.62% | 0.59x | 2.00x | CN¥-215.31 Million |
| 2015 | 8.12% | 7.73% | 0.54x | 1.94x | CN¥-33.18 Million |
| 2016 | 4.69% | 5.26% | 0.50x | 1.78x | CN¥-111.21 Million |
| 2017 | 4.54% | 5.30% | 0.50x | 1.73x | CN¥-124.03 Million |
| 2018 | 4.82% | 4.93% | 0.57x | 1.72x | CN¥-108.92 Million |
| 2019 | -10.22% | -11.44% | 0.57x | 1.57x | CN¥-392.56 Million |
| 2020 | 0.40% | 0.49% | 0.53x | 1.55x | CN¥-187.01 Million |
| 2021 | -1.47% | -1.82% | 0.54x | 1.49x | CN¥-220.48 Million |
| 2022 | -3.21% | -4.25% | 0.49x | 1.56x | CN¥-246.52 Million |
| 2023 | 1.50% | 1.99% | 0.50x | 1.50x | CN¥-161.09 Million |
| 2024 | 2.40% | 2.99% | 0.54x | 1.48x | CN¥-143.87 Million |
Industry Comparison
This section compares Shanghai Luxin Packing Materials Science&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: $1,653,242,914
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | CN¥2.05 Billion | 35.87% | 0.29x | $2.95 Billion |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $250.28 Million | 0.00% | 0.93x | $758.20 Million |
| Huangshan Novel Co Ltd (002014) | $698.53 Million | 14.41% | 0.40x | $1.00 Billion |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $409.16 Million | 34.54% | 2.21x | $805.15 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $2.77 Billion | 6.86% | 1.33x | $692.47 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $590.09 Million | 16.39% | 0.36x | $1.51 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $942.33 Million | 5.01% | 0.84x | $1.11 Billion |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $4.90 Billion | 3.96% | 0.48x | $761.87 Million |
| Shandong Lipeng Co Ltd (002374) | $2.01 Billion | 6.03% | 0.89x | $511.34 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $2.31 Billion | 4.51% | 0.59x | $841.65 Million |
About Shanghai Luxin Packing Materials Science&Technology Co Ltd
Shanghai Shunho New Materials Technology Co.,Ltd. develops, manufactures, and sells environmental packaging materials in the People's Republic of China. The company provides vacuum aluminized, laser anti-counterfeiting, and other environmentally friendly paper materials for use in industries, such as terminal and social consumer goods; and printed products, such as trademark papers, labeling pape… Read more