Guangdong Enpack Packaging Co Ltd
Guangdong Enpack Packaging Co., Ltd. engages in the research, development, production, and sale of metal packaging products in China. It offers peel off lid for loose products, such as milk powder, spices, supplements, coffee or tea; dried food easy open end for cookies, snacks and other dried food; canned food easy open end for canned fish, meat, vegetables, as well as ready meals; and beverage … Read more
Guangdong Enpack Packaging Co Ltd (002846) - Net Assets
Latest net assets as of September 2025: CN¥1.44 Billion CNY
Based on the latest financial reports, Guangdong Enpack Packaging Co Ltd (002846) has net assets worth CN¥1.44 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¥3.65 Billion) and total liabilities (CN¥2.21 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¥1.44 Billion |
| % of Total Assets | 39.47% |
| Annual Growth Rate | 21.61% |
| 5-Year Change | 62.03% |
| 10-Year Change | 476.9% |
| Growth Volatility | 29.62 |
Guangdong Enpack Packaging Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Guangdong Enpack Packaging 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 Enpack Packaging Co Ltd (2012–2024)
The table below shows the annual net assets of Guangdong Enpack Packaging Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.41 Billion | -4.56% |
| 2023-12-31 | CN¥1.48 Billion | +84.48% |
| 2022-12-31 | CN¥799.70 Million | -5.41% |
| 2021-12-31 | CN¥845.44 Million | -2.71% |
| 2020-12-31 | CN¥868.98 Million | +14.46% |
| 2019-12-31 | CN¥759.17 Million | +24.48% |
| 2018-12-31 | CN¥609.90 Million | +13.38% |
| 2017-12-31 | CN¥537.94 Million | +88.10% |
| 2016-12-31 | CN¥285.99 Million | +17.18% |
| 2015-12-31 | CN¥244.07 Million | +14.90% |
| 2014-12-31 | CN¥212.42 Million | +21.62% |
| 2013-12-31 | CN¥174.66 Million | +29.81% |
| 2012-12-31 | CN¥134.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Enpack Packaging 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 264.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥197.14 Million | 14.31% |
| Common Stock | CN¥419.99 Million | 30.49% |
| Other Components | CN¥760.37 Million | 55.20% |
| Total Equity | CN¥1.38 Billion | 100.00% |
Guangdong Enpack Packaging Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Enpack Packaging Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EMX Royalty Corp
NYSE MKT:EMX
|
$375.28 Million |
|
Longyan Zhuoyue New Energy Co Ltd
SHG:688196
|
$375.32 Million |
|
Sabre Corpo
NASDAQ:SABR
|
$375.34 Million |
|
Hengbo Holdings Co. Ltd. A
SHE:301225
|
$375.39 Million |
|
Clean Science and Technology Limited
NSE:CLEAN
|
$375.05 Million |
|
BLUE LABEL
MU:5TP
|
$374.98 Million |
|
Suzhou HYC Technology Co Ltd
SHG:688001
|
$374.79 Million |
|
Aditya Birla Fashion and Retail Limited
NSE:ABFRL
|
$374.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Enpack Packaging Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,442,226,776 to 1,377,511,685, a change of -64,715,091 (-4.5%).
- Net loss of 39,672,548 reduced equity.
- Dividend payments of 46,252,223 reduced retained earnings.
- Share repurchases of 15,012,736 reduced equity.
- Other comprehensive income decreased equity by 39,913,153.
- Other factors increased equity by 76,135,569.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-39.67 Million | -2.88% |
| Dividends Paid | CN¥46.25 Million | -3.36% |
| Share Repurchases | CN¥15.01 Million | -1.09% |
| Other Comprehensive Income | CN¥-39.91 Million | -2.9% |
| Other Changes | CN¥76.14 Million | +5.53% |
| Total Change | CN¥- | -4.49% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Enpack Packaging 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: 4.57x
- 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 25.84x to 4.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.58 | CN¥14.98 | x |
| 2013-12-31 | CN¥0.75 | CN¥14.98 | x |
| 2014-12-31 | CN¥0.92 | CN¥14.98 | x |
| 2015-12-31 | CN¥1.06 | CN¥14.98 | x |
| 2016-12-31 | CN¥1.23 | CN¥14.98 | x |
| 2017-12-31 | CN¥1.74 | CN¥14.98 | x |
| 2018-12-31 | CN¥1.85 | CN¥14.98 | x |
| 2019-12-31 | CN¥2.28 | CN¥14.98 | x |
| 2020-12-31 | CN¥2.59 | CN¥14.98 | x |
| 2021-12-31 | CN¥2.62 | CN¥14.98 | x |
| 2022-12-31 | CN¥2.49 | CN¥14.98 | x |
| 2023-12-31 | CN¥4.09 | CN¥14.98 | x |
| 2024-12-31 | CN¥3.28 | CN¥14.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Enpack Packaging 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): -2.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.97%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.55x
- Recent ROE (-2.88%) is below the historical average (10.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 25.00% | 16.58% | 0.78x | 1.93x | CN¥20.18 Million |
| 2013 | 23.88% | 18.61% | 0.84x | 1.54x | CN¥24.24 Million |
| 2014 | 20.75% | 16.47% | 0.91x | 1.38x | CN¥22.83 Million |
| 2015 | 18.50% | 15.34% | 0.95x | 1.28x | CN¥20.74 Million |
| 2016 | 19.38% | 16.32% | 0.87x | 1.36x | CN¥26.82 Million |
| 2017 | 8.63% | 9.92% | 0.65x | 1.33x | CN¥-7.18 Million |
| 2018 | 7.41% | 5.14% | 0.73x | 1.98x | CN¥-14.69 Million |
| 2019 | 11.23% | 6.81% | 0.80x | 2.06x | CN¥8.76 Million |
| 2020 | 9.49% | 5.83% | 0.74x | 2.21x | CN¥-4.21 Million |
| 2021 | 4.25% | 1.94% | 0.79x | 2.78x | CN¥-48.04 Million |
| 2022 | -5.45% | -2.23% | 0.71x | 3.45x | CN¥-122.28 Million |
| 2023 | 0.99% | 0.81% | 0.57x | 2.13x | CN¥-130.01 Million |
| 2024 | -2.88% | -1.97% | 0.57x | 2.55x | CN¥-177.42 Million |
Industry Comparison
This section compares Guangdong Enpack Packaging 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 |
|---|---|---|---|---|
| Guangdong Enpack Packaging Co Ltd (002846) | CN¥1.44 Billion | 25.00% | 1.53x | $375.08 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 |