Jiangsu Shuangxing Color Plastic New Materials Co Ltd

SHE:002585 China Packaging & Containers
Market Cap
$1.23 Billion
CN¥9.05 Billion CNY
Market Cap Rank
#8586 Global
#1648 in China
Share Price
CN¥7.93
Change (1 day)
-1.49%
52-Week Range
CN¥4.43 - CN¥8.22
All Time High
CN¥28.59
About

Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. engages in the research, development, production, and sale of polymer composite products in China and internationally. The company offers optical substrates, including protective, optical film, MLCC, and energy-saving window film substrates; optical films, such as diffusion, prism, micro-transparent, optical composite, protective, back coat… Read more

Jiangsu Shuangxing Color Plastic New Materials Co Ltd (002585) - Net Assets

Latest net assets as of September 2025: CN¥8.62 Billion CNY

Based on the latest financial reports, Jiangsu Shuangxing Color Plastic New Materials Co Ltd (002585) has net assets worth CN¥8.62 Billion 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¥12.52 Billion) and total liabilities (CN¥3.89 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¥8.62 Billion
% of Total Assets 68.92%
Annual Growth Rate 29.86%
5-Year Change 6.88%
10-Year Change 69.89%
Growth Volatility 125.31

Jiangsu Shuangxing Color Plastic New Materials Co Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Jiangsu Shuangxing Color Plastic New Materials 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 Jiangsu Shuangxing Color Plastic New Materials Co Ltd (2008–2024)

The table below shows the annual net assets of Jiangsu Shuangxing Color Plastic New Materials Co Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥8.88 Billion -4.64%
2023-12-31 CN¥9.31 Billion -4.18%
2022-12-31 CN¥9.72 Billion +3.42%
2021-12-31 CN¥9.40 Billion +13.10%
2020-12-31 CN¥8.31 Billion +8.73%
2019-12-31 CN¥7.64 Billion -0.75%
2018-12-31 CN¥7.70 Billion +4.19%
2017-12-31 CN¥7.39 Billion +38.24%
2016-12-31 CN¥5.35 Billion +2.27%
2015-12-31 CN¥5.23 Billion +2.03%
2014-12-31 CN¥5.12 Billion +39.77%
2013-12-31 CN¥3.67 Billion +1.34%
2012-12-31 CN¥3.62 Billion -2.41%
2011-12-31 CN¥3.71 Billion +500.35%
2010-12-31 CN¥617.47 Million +201.07%
2009-12-31 CN¥205.09 Million +51.08%
2008-12-31 CN¥135.75 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Shuangxing Color Plastic New Materials 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 4241.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.20 Billion 24.80%
Common Stock CN¥1.15 Billion 12.92%
Other Comprehensive Income CN¥465.43 Million 5.24%
Other Components CN¥5.07 Billion 57.04%
Total Equity CN¥8.88 Billion 100.00%

Jiangsu Shuangxing Color Plastic New Materials Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangsu Shuangxing Color Plastic New Materials Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangsu Shuangxing Color Plastic New Materials Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,314,201,307 to 8,882,007,774, a change of -432,193,533 (-4.6%).
  • Net loss of 397,953,853 reduced equity.
  • Dividend payments of 69,780,215 reduced retained earnings.
  • Share repurchases of 32,616,256 reduced equity.
  • Other comprehensive income increased equity by 465,431,434.
  • Other factors decreased equity by 397,274,643.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-397.95 Million -4.48%
Dividends Paid CN¥69.78 Million -0.79%
Share Repurchases CN¥32.62 Million -0.37%
Other Comprehensive Income CN¥465.43 Million +5.24%
Other Changes CN¥-397.27 Million -4.47%
Total Change CN¥- -4.64%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Shuangxing Color Plastic New Materials 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: 1.02x
  • 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 29.62x to 1.02x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 CN¥0.27 CN¥7.93 x
2009-12-31 CN¥0.40 CN¥7.93 x
2010-12-31 CN¥1.19 CN¥7.93 x
2011-12-31 CN¥6.02 CN¥7.93 x
2012-12-31 CN¥5.22 CN¥7.93 x
2013-12-31 CN¥5.30 CN¥7.93 x
2014-12-31 CN¥6.28 CN¥7.93 x
2015-12-31 CN¥5.61 CN¥7.93 x
2016-12-31 CN¥5.73 CN¥7.93 x
2017-12-31 CN¥6.71 CN¥7.93 x
2018-12-31 CN¥6.71 CN¥7.93 x
2019-12-31 CN¥6.61 CN¥7.93 x
2020-12-31 CN¥7.20 CN¥7.93 x
2021-12-31 CN¥8.20 CN¥7.93 x
2022-12-31 CN¥8.52 CN¥7.93 x
2023-12-31 CN¥8.12 CN¥7.93 x
2024-12-31 CN¥7.78 CN¥7.93 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Shuangxing Color Plastic New Materials 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): -4.48%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.74%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 1.50x
  • Recent ROE (-4.48%) is below the historical average (9.72%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 14.94% 4.21% 0.94x 3.79x CN¥6.71 Million
2009 33.81% 10.91% 0.92x 3.37x CN¥48.83 Million
2010 61.93% 26.30% 1.09x 2.16x CN¥320.63 Million
2011 10.33% 19.58% 0.47x 1.12x CN¥12.20 Million
2012 3.28% 5.65% 0.52x 1.12x CN¥-242.95 Million
2013 2.46% 3.67% 0.59x 1.14x CN¥-276.59 Million
2014 1.96% 4.43% 0.40x 1.10x CN¥-412.03 Million
2015 2.30% 5.06% 0.41x 1.11x CN¥-402.31 Million
2016 2.49% 5.21% 0.38x 1.25x CN¥-401.66 Million
2017 1.01% 2.47% 0.33x 1.22x CN¥-664.49 Million
2018 4.17% 8.33% 0.41x 1.21x CN¥-448.77 Million
2019 2.27% 3.88% 0.50x 1.18x CN¥-590.86 Million
2020 8.67% 14.24% 0.50x 1.23x CN¥-110.50 Million
2021 14.74% 23.36% 0.49x 1.29x CN¥445.55 Million
2022 7.19% 11.52% 0.49x 1.26x CN¥-273.50 Million
2023 -1.80% -3.17% 0.39x 1.44x CN¥-1.10 Billion
2024 -4.48% -6.74% 0.44x 1.50x CN¥-1.29 Billion

Industry Comparison

This section compares Jiangsu Shuangxing Color Plastic New Materials Co Ltd's net assets metrics with peer companies in the Packaging & Containers industry.

Industry Context

  • Industry: Packaging & Containers
  • Average net assets among peers: $1,649,691,170
  • Average return on equity (ROE) among peers: 4.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangsu Shuangxing Color Plastic New Materials Co Ltd (002585) CN¥8.62 Billion 14.94% 0.45x $729.18 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
Shandong Lipeng Co Ltd (002374) $2.16 Billion -31.07% 1.25x $410.53 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