Guangdong New Grand Long Packing Co Ltd

SHE:002836 China Packaging & Containers
Market Cap
$458.46 Million
CN¥3.36 Billion CNY
Market Cap Rank
#16068 Global
#4280 in China
Share Price
CN¥14.60
Change (1 day)
+1.81%
52-Week Range
CN¥7.23 - CN¥18.05
All Time High
CN¥26.61
About

Guangdong New Grand Long Packing Co., Ltd. engages in the design, production, and sale of cigarette labels. The company was formerly known as Chaozhou New Grand Long Packing Co., Ltd and changed its name to Guangdong New Grand Long Packing Co., Ltd. in 2010. The company was founded in 2006 and is based in Chaozhou, China. Guangdong New Grand Long Packing Co., Ltd. is a subsidiary of Yize Holdings… Read more

Guangdong New Grand Long Packing Co Ltd (002836) - Net Assets

Latest net assets as of September 2025: CN¥377.66 Million CNY

Based on the latest financial reports, Guangdong New Grand Long Packing Co Ltd (002836) has net assets worth CN¥377.66 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¥528.02 Million) and total liabilities (CN¥150.36 Million). 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¥377.66 Million
% of Total Assets 71.52%
Annual Growth Rate 5.88%
5-Year Change -6.78%
10-Year Change 46.73%
Growth Volatility 20.23

Guangdong New Grand Long Packing Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Guangdong New Grand Long Packing 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 Guangdong New Grand Long Packing Co Ltd (2011–2024)

The table below shows the annual net assets of Guangdong New Grand Long Packing Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥372.00 Million -0.26%
2023-12-31 CN¥372.97 Million -15.35%
2022-12-31 CN¥440.59 Million +21.63%
2021-12-31 CN¥362.25 Million -9.23%
2020-12-31 CN¥399.07 Million -14.69%
2019-12-31 CN¥467.81 Million +7.13%
2018-12-31 CN¥436.66 Million +2.24%
2017-12-31 CN¥427.09 Million +7.99%
2016-12-31 CN¥395.50 Million +56.00%
2015-12-31 CN¥253.53 Million +0.21%
2014-12-31 CN¥252.99 Million +4.07%
2013-12-31 CN¥243.10 Million +42.15%
2012-12-31 CN¥171.02 Million -3.41%
2011-12-31 CN¥177.05 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangdong New Grand Long Packing 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 52.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥80.00 Million 21.51%
Common Stock CN¥230.40 Million 61.94%
Other Comprehensive Income CN¥75.49 Million 20.29%
Total Equity CN¥372.00 Million 100.00%

Guangdong New Grand Long Packing Co Ltd Competitors by Market Cap

The table below lists competitors of Guangdong New Grand Long Packing Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guangdong New Grand Long Packing Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 372,974,877 to 372,002,453, a change of -972,424 (-0.3%).
  • Net income of 62,497,180 contributed positively to equity growth.
  • Dividend payments of 22,309,387 reduced retained earnings.
  • Share repurchases of 41,260,216 reduced equity.
  • Other comprehensive income increased equity by 6,434,200.
  • Other factors decreased equity by 6,334,201.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥62.50 Million +16.8%
Dividends Paid CN¥22.31 Million -6.0%
Share Repurchases CN¥41.26 Million -11.09%
Other Comprehensive Income CN¥6.43 Million +1.73%
Other Changes CN¥-6.33 Million -1.7%
Total Change CN¥- -0.26%

Book Value vs Market Value Analysis

This analysis compares Guangdong New Grand Long Packing 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: 8.76x
  • 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 11.90x to 8.76x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 CN¥1.23 CN¥14.60 x
2012-12-31 CN¥1.18 CN¥14.60 x
2013-12-31 CN¥1.68 CN¥14.60 x
2014-12-31 CN¥1.75 CN¥14.60 x
2015-12-31 CN¥1.76 CN¥14.60 x
2016-12-31 CN¥2.03 CN¥14.60 x
2017-12-31 CN¥2.69 CN¥14.60 x
2018-12-31 CN¥2.73 CN¥14.60 x
2019-12-31 CN¥1.66 CN¥14.60 x
2020-12-31 CN¥1.73 CN¥14.60 x
2021-12-31 CN¥2.28 CN¥14.60 x
2022-12-31 CN¥1.91 CN¥14.60 x
2023-12-31 CN¥1.53 CN¥14.60 x
2024-12-31 CN¥1.67 CN¥14.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangdong New Grand Long Packing 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): 16.80%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.03%
  • • Asset Turnover: 0.69x
  • • Equity Multiplier: 1.43x
  • Recent ROE (16.80%) is above the historical average (15.24%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 30.57% 25.61% 0.78x 1.54x CN¥36.42 Million
2012 25.38% 15.71% 0.74x 2.20x CN¥26.30 Million
2013 28.19% 20.24% 0.97x 1.43x CN¥44.23 Million
2014 20.51% 18.76% 0.89x 1.23x CN¥26.59 Million
2015 14.41% 14.99% 0.71x 1.36x CN¥11.19 Million
2016 12.72% 18.75% 0.49x 1.39x CN¥10.76 Million
2017 11.14% 17.67% 0.51x 1.23x CN¥4.88 Million
2018 11.34% 17.66% 0.53x 1.21x CN¥5.87 Million
2019 6.86% 6.21% 0.56x 1.98x CN¥-12.02 Million
2020 8.05% 15.09% 0.42x 1.27x CN¥-7.78 Million
2021 3.09% 7.74% 0.34x 1.16x CN¥-25.05 Million
2022 19.09% 56.18% 0.30x 1.15x CN¥40.04 Million
2023 5.22% 10.99% 0.37x 1.28x CN¥-17.83 Million
2024 16.80% 17.03% 0.69x 1.43x CN¥25.30 Million

Industry Comparison

This section compares Guangdong New Grand Long Packing Co Ltd's net assets metrics with peer companies in the Packaging & Containers industry.

Industry Context

  • Industry: Packaging & Containers
  • Average net assets among peers: $2,787,109,642
  • Average return on equity (ROE) among peers: 9.03%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangdong New Grand Long Packing Co Ltd (002836) CN¥377.66 Million 30.57% 0.40x $163.33 Million
Zhuhai Zhongfu Enterprise Co Ltd (000659) $235.46 Million 0.00% 1.21x $570.17 Million
Huangshan Novel Co Ltd (002014) $1.80 Billion 11.44% 0.34x $322.24 Million
Shenzhen Jinjia Color Printing Group Co Ltd (002191) $7.23 Billion 12.12% 0.20x $500.47 Million
Xiamen Hexing Packaging Printing Co Ltd (002228) $3.79 Billion 7.65% 1.15x $306.80 Million
Shenzhen Beauty Star Co Ltd (002243) $145.05 Million 30.37% 2.00x $735.89 Million
Zhejiang Great Southeast Co Ltd (002263) $1.70 Billion 4.57% 0.55x $656.36 Million
Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) $5.25 Billion 10.20% 0.39x $463.91 Million
Shandong Lipeng Co Ltd (002374) $3.15 Billion 4.95% 0.68x $415.24 Million
Zhejiang Zhongcheng Packing Material Co Ltd (002522) $2.31 Billion 4.51% 0.59x $535.92 Million
Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) $2.28 Billion 4.45% 0.59x $1.10 Billion