Fujian Qingshan Paper Industry Co Ltd Net Assets
Fujian Qingshan Paper Industry Co Ltd net assets. Based on the latest financial reports, Fujian Qingshan Paper Industry Co Ltd (600103) has net assets worth CN¥4.37 Billion CNY (≈ $639.81 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.15 Billion ≈ $900.17 Million USD) and total liabilities (CN¥1.78 Billion ≈ $260.36 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 600103 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.37 Billion |
| % of Total Assets | 71.08% |
| Annual Growth Rate | 8.17% |
| 5-Year Change | 10.21% |
| 10-Year Change | 29.12% |
| Growth Volatility | 35.09 |
Net Assets of Fujian Qingshan Paper Industry Co Ltd (1994–2025)
Net assets of Fujian Qingshan Paper Industry Co Ltd from 1994 to 2025. This chart illustrates how Fujian Qingshan Paper Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Fujian Qingshan Paper Industry Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Fujian Qingshan Paper Industry Co Ltd (1994–2025)
The table below shows the annual net assets of Fujian Qingshan Paper Industry Co Ltd from 1994 to 2025. For live market cap and overall valuation, see Fujian Qingshan Paper Industry Co Ltd (600103) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.35 Billion ≈ $636.59 Million |
+1.05% |
| 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 11051.3% over the analyzed period, indicating profitable operations and earnings retention.
Fujian Qingshan Paper Industry Co Ltd Net Assets Breakdown (December 2025)
Fujian Qingshan Paper Industry Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥761.86 Million | 19.23% |
| Other Components | CN¥3.20 Billion | 80.77% |
| Total Equity | CN¥3.96 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 |
|---|---|
|
Joeone Co Ltd
SHG:601566
|
$951.03 Million |
|
Israel Canada
TA:ISCN
|
$1.06 Billion |
|
Uniphar Group PLC
IR:UPR
|
$951.34 Million |
|
Huadian Power International Corporation Limited
F:SHX
|
$951.61 Million |
|
Quanex Building Products
NYSE:NX
|
$950.71 Million |
|
Pegavision
TW:6491
|
$949.70 Million |
|
ASA Gold and Precious Metals Ltd
NYSE:ASA
|
$949.54 Million |
|
Finolex Industries Limited
NSE:FINPIPE
|
$949.20 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 2024 to 2025, total equity changed from 3,929,834,000 to 3,960,831,004, a change of 30,997,004 (0.8%).
- Net income of 54,684,226 contributed positively to equity growth.
- Dividend payments of 42,929,890 reduced retained earnings.
- Other comprehensive income decreased equity by 278,858,665.
- Other factors increased equity by 298,101,333.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥54.68 Million | +1.38% |
| Dividends Paid | CN¥42.93 Million | -1.08% |
| Other Comprehensive Income | CN¥-278.86 Million | -7.04% |
| Other Changes | CN¥298.10 Million | +7.53% |
| Total Change | CN¥- | 0.79% |
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: 1.64x
- 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 10.53x to 1.64x 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¥2.90 | x |
| 1995-12-31 | CN¥0.32 | CN¥2.90 | x |
| 1996-12-31 | CN¥0.38 | CN¥2.90 | x |
| 1997-12-31 | CN¥0.70 | CN¥2.90 | x |
| 1998-12-31 | CN¥0.81 | CN¥2.90 | x |
| 1999-12-31 | CN¥1.04 | CN¥2.90 | x |
| 2000-12-31 | CN¥1.07 | CN¥2.90 | x |
| 2001-12-31 | CN¥1.12 | CN¥2.90 | x |
| 2002-12-31 | CN¥1.13 | CN¥2.90 | x |
| 2003-12-31 | CN¥1.13 | CN¥2.90 | x |
| 2004-12-31 | CN¥1.14 | CN¥2.90 | x |
| 2005-12-31 | CN¥1.15 | CN¥2.90 | x |
| 2006-12-31 | CN¥1.21 | CN¥2.90 | x |
| 2007-12-31 | CN¥1.52 | CN¥2.90 | x |
| 2008-12-31 | CN¥1.30 | CN¥2.90 | x |
| 2009-12-31 | CN¥1.37 | CN¥2.90 | x |
| 2010-12-31 | CN¥1.26 | CN¥2.90 | x |
| 2011-12-31 | CN¥1.20 | CN¥2.90 | x |
| 2012-12-31 | CN¥1.00 | CN¥2.90 | x |
| 2013-12-31 | CN¥0.97 | CN¥2.90 | x |
| 2014-12-31 | CN¥0.90 | CN¥2.90 | x |
| 2015-12-31 | CN¥0.80 | CN¥2.90 | x |
| 2016-12-31 | CN¥1.98 | CN¥2.90 | x |
| 2017-12-31 | CN¥1.43 | CN¥2.90 | x |
| 2018-12-31 | CN¥1.50 | CN¥2.90 | x |
| 2019-12-31 | CN¥1.55 | CN¥2.90 | x |
| 2020-12-31 | CN¥1.57 | CN¥2.90 | x |
| 2021-12-31 | CN¥1.64 | CN¥2.90 | x |
| 2022-12-31 | CN¥1.75 | CN¥2.90 | x |
| 2023-12-31 | CN¥1.75 | CN¥2.90 | x |
| 2024-12-31 | CN¥1.78 | CN¥2.90 | x |
| 2025-12-31 | CN¥1.77 | CN¥2.90 | 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): 1.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.26%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.53x
- Recent ROE (1.38%) is below the historical average (2.69%), 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 |
| 2025 | 1.38% | 2.26% | 0.40x | 1.53x | CN¥-341.40 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: $7,569,730,269
- Average return on equity (ROE) among peers: 7.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Qingshan Paper Industry Co Ltd (600103) | CN¥4.37 Billion | 13.23% | 0.41x | $950.92 Million |
| Shandong Chenming Paper Holdings Ltd (000488) | $22.55 Billion | 9.16% | 2.67x | $469.54 Million |
| MCC Meili Paper Industry Co Ltd (000815) | $2.02 Billion | 1.26% | 0.38x | $1.37 Billion |
| Zhejiang Kan Specialities Material Co Ltd (002012) | $1.34 Billion | 1.86% | 0.39x | $377.72 Million |
| Zhejiang Jingxing Paper Joint Stock Co Ltd (002067) | $3.98 Billion | 16.04% | 0.58x | $768.31 Million |
| Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) | $28.73 Billion | 10.80% | 0.83x | $5.90 Billion |
| Xiamen Anne Corp Ltd (002235) | $1.23 Billion | 1.83% | 0.22x | $584.34 Million |
| Qifeng New Material Co Ltd (002521) | $2.03 Billion | 3.85% | 0.26x | $434.36 Million |
| Shandong Chenming Paper Holdings Ltd Class B (200488) | $5.30 Billion | 11.85% | 0.93x | $45.99 Million |
| Cre8 Direct Ningbo Co Ltd (300703) | $952.34 Million | 11.33% | 1.00x | $308.05 Million |
About Fujian Qingshan Paper Industry Co Ltd
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 natural wood pulp, bleached wood pulp, natural bamboo pulp, bleached bamboo pulp, wood dissolving pulp, and bamboo dissolving pulp; paper bags, composite base paper, tote bags, and kraft paper; paper product p… Read more