Fujian Qingshan Paper Industry Co Ltd (600103) - Net Assets

Latest as of September 2025: CN¥4.36 Billion CNY ≈ $637.70 Million USD

Based on the latest financial reports, Fujian Qingshan Paper Industry Co Ltd (600103) has net assets worth CN¥4.36 Billion CNY (≈ $637.70 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¥6.02 Billion ≈ $881.30 Million USD) and total liabilities (CN¥1.66 Billion ≈ $243.60 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. Also explore Fujian Qingshan Paper Industry Co Ltd total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥4.36 Billion
% of Total Assets 72.36%
Annual Growth Rate 8.41%
5-Year Change 10.12%
10-Year Change 248.6%
Growth Volatility 35.62

Fujian Qingshan Paper Industry Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Fujian Qingshan Paper Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Fujian Qingshan Paper Industry Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Fujian Qingshan Paper Industry Co Ltd (1994–2024)

The table below shows the annual net assets of Fujian Qingshan Paper Industry Co Ltd from 1994 to 2024. For live valuation and market cap data, see 600103 market cap overview.

Year Net Assets Change
2024-12-31 CN¥4.31 Billion
≈ $629.98 Million
+2.02%
2023-12-31 CN¥4.22 Billion
≈ $617.49 Million
+1.34%
2022-12-31 CN¥4.16 Billion
≈ $609.33 Million
+5.49%
2021-12-31 CN¥3.95 Billion
≈ $577.60 Million
+0.96%
2020-12-31 CN¥3.91 Billion
≈ $572.10 Million
+1.57%
2019-12-31 CN¥3.85 Billion
≈ $563.28 Million
+4.20%
2018-12-31 CN¥3.69 Billion
≈ $540.57 Million
+6.00%
2017-12-31 CN¥3.48 Billion
≈ $509.96 Million
+3.44%
2016-12-31 CN¥3.37 Billion
≈ $493.01 Million
+172.81%
2015-12-31 CN¥1.23 Billion
≈ $180.72 Million
-10.46%
2014-12-31 CN¥1.38 Billion
≈ $201.83 Million
-6.34%
2013-12-31 CN¥1.47 Billion
≈ $215.49 Million
-0.12%
2012-12-31 CN¥1.47 Billion
≈ $215.75 Million
-16.24%
2011-12-31 CN¥1.76 Billion
≈ $257.60 Million
-4.88%
2010-12-31 CN¥1.85 Billion
≈ $270.81 Million
-2.66%
2009-12-31 CN¥1.90 Billion
≈ $278.22 Million
+0.97%
2008-12-31 CN¥1.88 Billion
≈ $275.56 Million
-13.85%
2007-12-31 CN¥2.19 Billion
≈ $319.86 Million
+29.38%
2006-12-31 CN¥1.69 Billion
≈ $247.23 Million
+0.52%
2005-12-31 CN¥1.68 Billion
≈ $245.95 Million
+1.07%
2004-12-31 CN¥1.66 Billion
≈ $243.36 Million
+0.52%
2003-12-31 CN¥1.65 Billion
≈ $242.09 Million
+1.02%
2002-12-31 CN¥1.64 Billion
≈ $239.64 Million
+0.75%
2001-12-31 CN¥1.63 Billion
≈ $237.87 Million
+0.09%
2000-12-31 CN¥1.62 Billion
≈ $237.65 Million
+10.35%
1999-12-31 CN¥1.47 Billion
≈ $215.36 Million
+27.70%
1998-12-31 CN¥1.15 Billion
≈ $168.64 Million
+12.95%
1997-12-31 CN¥1.02 Billion
≈ $149.31 Million
+96.30%
1996-12-31 CN¥519.79 Million
≈ $76.06 Million
+16.53%
1995-12-31 CN¥446.04 Million
≈ $65.27 Million
+16.91%
1994-12-31 CN¥381.53 Million
≈ $55.83 Million
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Equity Component Analysis

This analysis shows how different components contribute to Fujian Qingshan Paper Industry 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 10693.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥737.40 Million 18.76%
Common Stock CN¥2.25 Billion 57.34%
Other Comprehensive Income CN¥278.86 Million 7.10%
Other Components CN¥660.32 Million 16.80%
Total Equity CN¥3.93 Billion 100.00%

Fujian Qingshan Paper Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Fujian Qingshan Paper Industry Co Ltd ranked by their market capitalization.

Company Market Cap
Hyundai Development Co
KO:294870
$980.56 Million
Teekay Corporation
NYSE:TK
$980.62 Million
Alphamin Resources Corp
F:21L
$980.92 Million
Shenzhen SEG Co Ltd
SHE:000058
$981.31 Million
Vesuvius India Limited
NSE:VESUVIUS
$980.15 Million
Amerant Bancorp Inc.
NYSE:AMTB
$979.96 Million
Shunfa Hengye Corp
SHE:000631
$979.40 Million
Plymouth Industrial REIT Inc
NYSE:PLYM
$979.23 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Fujian Qingshan Paper Industry Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,875,532,000 to 3,929,834,000, a change of 54,302,000 (1.4%).
  • Net income of 84,751,600 contributed positively to equity growth.
  • Dividend payments of 58,839,000 reduced retained earnings.
  • Other comprehensive income increased equity by 278,858,665.
  • Other factors decreased equity by 250,469,265.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥84.75 Million +2.16%
Dividends Paid CN¥58.84 Million -1.5%
Other Comprehensive Income CN¥278.86 Million +7.1%
Other Changes CN¥-250.47 Million -6.37%
Total Change CN¥- 1.40%

Book Value vs Market Value Analysis

This analysis compares Fujian Qingshan Paper Industry 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: 1.68x
  • 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 10.86x to 1.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.28 CN¥2.99 x
1995-12-31 CN¥0.32 CN¥2.99 x
1996-12-31 CN¥0.38 CN¥2.99 x
1997-12-31 CN¥0.70 CN¥2.99 x
1998-12-31 CN¥0.81 CN¥2.99 x
1999-12-31 CN¥1.04 CN¥2.99 x
2000-12-31 CN¥1.07 CN¥2.99 x
2001-12-31 CN¥1.12 CN¥2.99 x
2002-12-31 CN¥1.13 CN¥2.99 x
2003-12-31 CN¥1.13 CN¥2.99 x
2004-12-31 CN¥1.14 CN¥2.99 x
2005-12-31 CN¥1.15 CN¥2.99 x
2006-12-31 CN¥1.21 CN¥2.99 x
2007-12-31 CN¥1.52 CN¥2.99 x
2008-12-31 CN¥1.30 CN¥2.99 x
2009-12-31 CN¥1.37 CN¥2.99 x
2010-12-31 CN¥1.26 CN¥2.99 x
2011-12-31 CN¥1.20 CN¥2.99 x
2012-12-31 CN¥1.00 CN¥2.99 x
2013-12-31 CN¥0.97 CN¥2.99 x
2014-12-31 CN¥0.90 CN¥2.99 x
2015-12-31 CN¥0.80 CN¥2.99 x
2016-12-31 CN¥1.98 CN¥2.99 x
2017-12-31 CN¥1.43 CN¥2.99 x
2018-12-31 CN¥1.50 CN¥2.99 x
2019-12-31 CN¥1.55 CN¥2.99 x
2020-12-31 CN¥1.57 CN¥2.99 x
2021-12-31 CN¥1.64 CN¥2.99 x
2022-12-31 CN¥1.75 CN¥2.99 x
2023-12-31 CN¥1.75 CN¥2.99 x
2024-12-31 CN¥1.78 CN¥2.99 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fujian Qingshan Paper Industry 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): 2.16%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.26%
  • • Asset Turnover: 0.41x
  • • Equity Multiplier: 1.62x
  • Recent ROE (2.16%) is below the historical average (2.73%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 13.23% 15.18% 0.55x 1.58x CN¥12.33 Million
1995 14.46% 13.91% 0.64x 1.62x CN¥19.90 Million
1996 14.19% 16.12% 0.54x 1.64x CN¥21.77 Million
1997 10.53% 20.09% 0.39x 1.36x CN¥5.17 Million
1998 12.09% 25.46% 0.32x 1.49x CN¥23.38 Million
1999 7.69% 20.36% 0.26x 1.43x CN¥-33.15 Million
2000 8.60% 14.45% 0.37x 1.61x CN¥-20.84 Million
2001 6.31% 10.69% 0.39x 1.51x CN¥-57.49 Million
2002 0.72% 1.31% 0.38x 1.45x CN¥-144.67 Million
2003 0.51% 0.74% 0.50x 1.39x CN¥-148.40 Million
2004 0.96% 1.28% 0.54x 1.39x CN¥-142.58 Million
2005 1.23% 1.67% 0.53x 1.38x CN¥-140.00 Million
2006 0.92% 1.21% 0.53x 1.44x CN¥-152.24 Million
2007 1.78% 2.62% 0.45x 1.51x CN¥-172.05 Million
2008 0.33% 0.36% 0.60x 1.52x CN¥-172.75 Million
2009 -10.29% -13.17% 0.51x 1.53x CN¥-384.63 Million
2010 3.17% 2.72% 0.63x 1.87x CN¥-119.07 Million
2011 0.75% 0.62% 0.55x 2.20x CN¥-154.11 Million
2012 -23.27% -18.62% 0.49x 2.56x CN¥-457.66 Million
2013 1.28% 0.95% 0.50x 2.69x CN¥-117.22 Million
2014 2.20% 1.44% 0.56x 2.72x CN¥-97.03 Million
2015 -13.35% -6.94% 0.64x 2.99x CN¥-256.24 Million
2016 1.41% 1.98% 0.47x 1.53x CN¥-274.38 Million
2017 3.19% 3.97% 0.55x 1.45x CN¥-224.52 Million
2018 4.48% 5.41% 0.56x 1.48x CN¥-190.60 Million
2019 3.56% 4.78% 0.48x 1.54x CN¥-230.61 Million
2020 2.11% 3.07% 0.45x 1.51x CN¥-286.53 Million
2021 5.20% 6.64% 0.53x 1.47x CN¥-175.34 Million
2022 5.38% 7.11% 0.50x 1.51x CN¥-178.72 Million
2023 3.15% 4.56% 0.43x 1.59x CN¥-265.65 Million
2024 2.16% 3.26% 0.41x 1.62x CN¥-308.23 Million

Industry Comparison

This section compares Fujian Qingshan Paper Industry Co Ltd's net assets metrics with peer companies in the Paper & Paper Products industry.

Industry Context

  • Industry: Paper & Paper Products
  • Average net assets among peers: $6,575,037,006
  • Average return on equity (ROE) among peers: -1.89%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fujian Qingshan Paper Industry Co Ltd (600103) CN¥4.36 Billion 13.23% 0.38x $980.43 Million
Shandong Chenming Paper Holdings Ltd (000488) $14.35 Billion 3.52% 2.96x $477.03 Million
MCC Meili Paper Industry Co Ltd (000815) $1.92 Billion -12.13% 0.62x $1.86 Billion
Zhejiang Kan Specialities Material Co Ltd (002012) $1.70 Billion 2.80% 0.15x $447.52 Million
Zhejiang Jingxing Paper Joint Stock Co Ltd (002067) $1.94 Billion 4.26% 0.89x $971.18 Million
Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) $7.39 Billion 9.02% 1.67x $5.68 Billion
Xiamen Anne Corp Ltd (002235) $1.24 Billion -50.18% 0.30x $709.86 Million
Qifeng New Material Co Ltd (002521) $3.35 Billion 8.06% 0.22x $565.49 Million
Shandong Chenming Paper Holdings Ltd Class B (200488) $26.34 Billion 6.29% 2.72x $50.50 Million
Cre8 Direct Ningbo Co Ltd (300703) $952.34 Million 11.33% 1.00x $352.93 Million

About Fujian Qingshan Paper Industry Co Ltd

SHG:600103 China Paper & Paper Products
Market Cap
$980.43 Million
CN¥6.70 Billion CNY
Market Cap Rank
#8999 Global
#2205 in China
Share Price
CN¥2.99
Change (1 day)
-2.92%
52-Week Range
CN¥2.27 - CN¥5.50
All Time High
CN¥6.75
About

Fujian Qingshan Paper Industry Co., Ltd., together with its subsidiaries, engages in the production and sale of pulp and paper products in China. The company offers pulp products, including unbleached and bleached wood, natural and bleached bamboo, and wood and dissolving pulps, as well as paper products comprising paper bags, composite base papers, heat-pressed papers, bag papers, and kraft card… Read more