Shantou Wanshun Package Material
Shantou Wanshun New Material Group Co., Ltd. engages in the paper packaging material, aluminum processing, and functional film businesses in China. The company products include transfer and composite papers used in cigarette labels, wine labels, daily chemicals, gifts, and other packaging fields; aluminum foil, aluminum strip, and carbon-coated foil are used in the fields of electronic components… Read more
Shantou Wanshun Package Material (300057) - Net Assets
Latest net assets as of September 2025: CN¥5.19 Billion CNY
Based on the latest financial reports, Shantou Wanshun Package Material (300057) has net assets worth CN¥5.19 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¥10.58 Billion) and total liabilities (CN¥5.39 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¥5.19 Billion |
| % of Total Assets | 49.05% |
| Annual Growth Rate | 23.24% |
| 5-Year Change | 42.12% |
| 10-Year Change | 96.5% |
| Growth Volatility | 64.3 |
Shantou Wanshun Package Material - Net Assets Trend (2006–2024)
This chart illustrates how Shantou Wanshun Package Material's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shantou Wanshun Package Material (2006–2024)
The table below shows the annual net assets of Shantou Wanshun Package Material from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.24 Billion | -3.80% |
| 2023-12-31 | CN¥5.45 Billion | -1.59% |
| 2022-12-31 | CN¥5.54 Billion | +57.15% |
| 2021-12-31 | CN¥3.53 Billion | -4.48% |
| 2020-12-31 | CN¥3.69 Billion | +7.10% |
| 2019-12-31 | CN¥3.45 Billion | +24.92% |
| 2018-12-31 | CN¥2.76 Billion | -1.83% |
| 2017-12-31 | CN¥2.81 Billion | +2.36% |
| 2016-12-31 | CN¥2.74 Billion | +2.84% |
| 2015-12-31 | CN¥2.67 Billion | +26.96% |
| 2014-12-31 | CN¥2.10 Billion | +16.98% |
| 2013-12-31 | CN¥1.80 Billion | +9.63% |
| 2012-12-31 | CN¥1.64 Billion | +21.81% |
| 2011-12-31 | CN¥1.35 Billion | +3.41% |
| 2010-12-31 | CN¥1.30 Billion | +281.60% |
| 2009-12-31 | CN¥341.02 Million | +21.73% |
| 2008-12-31 | CN¥280.15 Million | +26.93% |
| 2007-12-31 | CN¥220.70 Million | +81.09% |
| 2006-12-31 | CN¥121.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shantou Wanshun Package Material'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 800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥707.83 Million | 13.51% |
| Common Stock | CN¥889.44 Million | 16.98% |
| Other Comprehensive Income | CN¥293.38 Million | 5.60% |
| Other Components | CN¥3.35 Billion | 63.91% |
| Total Equity | CN¥5.24 Billion | 100.00% |
Shantou Wanshun Package Material Competitors by Market Cap
The table below lists competitors of Shantou Wanshun Package Material ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SCG PACKAGING PCL-NVDR
BK:SCGP-R
|
$544.28 Million |
|
Sinocelltech Group Ltd
SHG:688520
|
$544.30 Million |
|
Success Electronics Ltd
SHE:002289
|
$544.42 Million |
|
Jiuzhitang Co Ltd
SHE:000989
|
$544.45 Million |
|
ANTIN INFRASTR.PRT EO 1
F:8ZU
|
$544.18 Million |
|
Suzhou Kingswood Printing Ink Co Ltd
SHE:300192
|
$544.02 Million |
|
SWAN CORP LTD
NSE:SWANCORP
|
$543.74 Million |
|
Yangling Metron New Material Co Ltd
SHE:300861
|
$543.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shantou Wanshun Package Material's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,440,004,391 to 5,239,213,656, a change of -200,790,735 (-3.7%).
- Net loss of 192,256,407 reduced equity.
- Dividend payments of 98,924,879 reduced retained earnings.
- Other comprehensive income increased equity by 301,265,559.
- Other factors decreased equity by 210,875,008.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-192.26 Million | -3.67% |
| Dividends Paid | CN¥98.92 Million | -1.89% |
| Other Comprehensive Income | CN¥301.27 Million | +5.75% |
| Other Changes | CN¥-210.88 Million | -4.02% |
| Total Change | CN¥- | -3.69% |
Book Value vs Market Value Analysis
This analysis compares Shantou Wanshun Package Material'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: 1.09x
- 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 15.50x to 1.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.40 | CN¥6.26 | x |
| 2007-12-31 | CN¥0.73 | CN¥6.26 | x |
| 2008-12-31 | CN¥0.74 | CN¥6.26 | x |
| 2009-12-31 | CN¥0.91 | CN¥6.26 | x |
| 2010-12-31 | CN¥2.70 | CN¥6.26 | x |
| 2011-12-31 | CN¥2.68 | CN¥6.26 | x |
| 2012-12-31 | CN¥2.89 | CN¥6.26 | x |
| 2013-12-31 | CN¥3.17 | CN¥6.26 | x |
| 2014-12-31 | CN¥3.52 | CN¥6.26 | x |
| 2015-12-31 | CN¥4.41 | CN¥6.26 | x |
| 2016-12-31 | CN¥4.44 | CN¥6.26 | x |
| 2017-12-31 | CN¥4.56 | CN¥6.26 | x |
| 2018-12-31 | CN¥4.19 | CN¥6.26 | x |
| 2019-12-31 | CN¥4.84 | CN¥6.26 | x |
| 2020-12-31 | CN¥5.40 | CN¥6.26 | x |
| 2021-12-31 | CN¥5.33 | CN¥6.26 | x |
| 2022-12-31 | CN¥7.79 | CN¥6.26 | x |
| 2023-12-31 | CN¥5.98 | CN¥6.26 | x |
| 2024-12-31 | CN¥5.76 | CN¥6.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shantou Wanshun Package Material 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): -3.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.92%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.96x
- Recent ROE (-3.67%) is below the historical average (7.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 16.78% | 5.47% | 1.09x | 2.83x | CN¥8.26 Million |
| 2007 | 22.40% | 10.85% | 0.94x | 2.20x | CN¥27.36 Million |
| 2008 | 21.22% | 10.40% | 1.02x | 1.99x | CN¥31.43 Million |
| 2009 | 23.64% | 11.38% | 1.07x | 1.94x | CN¥46.52 Million |
| 2010 | 6.28% | 13.02% | 0.41x | 1.17x | CN¥-48.37 Million |
| 2011 | 6.12% | 13.06% | 0.39x | 1.19x | CN¥-52.23 Million |
| 2012 | 8.88% | 7.57% | 0.52x | 2.27x | CN¥-16.31 Million |
| 2013 | 9.08% | 7.10% | 0.53x | 2.39x | CN¥-14.66 Million |
| 2014 | 10.16% | 8.26% | 0.48x | 2.55x | CN¥2.87 Million |
| 2015 | 2.86% | 2.94% | 0.48x | 2.01x | CN¥-161.51 Million |
| 2016 | 3.26% | 3.39% | 0.49x | 1.97x | CN¥-156.68 Million |
| 2017 | 3.34% | 2.48% | 0.58x | 2.34x | CN¥-158.94 Million |
| 2018 | 4.53% | 2.92% | 0.66x | 2.33x | CN¥-146.87 Million |
| 2019 | 3.97% | 3.02% | 0.64x | 2.04x | CN¥-204.17 Million |
| 2020 | 2.12% | 1.52% | 0.61x | 2.27x | CN¥-286.86 Million |
| 2021 | -1.25% | -0.81% | 0.70x | 2.20x | CN¥-396.87 Million |
| 2022 | 3.70% | 3.51% | 0.57x | 1.87x | CN¥-347.99 Million |
| 2023 | -0.92% | -0.93% | 0.53x | 1.88x | CN¥-593.89 Million |
| 2024 | -3.67% | -2.92% | 0.64x | 1.96x | CN¥-716.18 Million |
Industry Comparison
This section compares Shantou Wanshun Package Material'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 |
|---|---|---|---|---|
| Shantou Wanshun Package Material (300057) | CN¥5.19 Billion | 16.78% | 1.04x | $544.27 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 |