Shandong Huatai Paper Industry Shareholding Co Ltd (600308) - Net Assets
Based on the latest financial reports, Shandong Huatai Paper Industry Shareholding Co Ltd (600308) has net assets worth CN¥9.20 Billion CNY (≈ $1.35 Billion 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¥15.96 Billion ≈ $2.34 Billion USD) and total liabilities (CN¥6.77 Billion ≈ $990.18 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. Check Shandong Huatai Paper Industry Sharehold (600308) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.20 Billion |
| % of Total Assets | 57.61% |
| Annual Growth Rate | 15.14% |
| 5-Year Change | 3.47% |
| 10-Year Change | 39.82% |
| Growth Volatility | 63.91 |
Shandong Huatai Paper Industry Shareholding Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Shandong Huatai Paper Industry Shareholding Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shandong Huatai Paper Industry Sharehold asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Shandong Huatai Paper Industry Shareholding Co Ltd (1997–2024)
The table below shows the annual net assets of Shandong Huatai Paper Industry Shareholding Co Ltd from 1997 to 2024. For live valuation and market cap data, see Shandong Huatai Paper Industry Sharehold (600308) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.16 Billion ≈ $1.34 Billion |
-1.54% |
| 2023-12-31 | CN¥9.30 Billion ≈ $1.36 Billion |
+2.19% |
| 2022-12-31 | CN¥9.10 Billion ≈ $1.33 Billion |
-3.48% |
| 2021-12-31 | CN¥9.43 Billion ≈ $1.38 Billion |
+6.55% |
| 2020-12-31 | CN¥8.85 Billion ≈ $1.30 Billion |
+5.45% |
| 2019-12-31 | CN¥8.39 Billion ≈ $1.23 Billion |
+6.33% |
| 2018-12-31 | CN¥7.89 Billion ≈ $1.16 Billion |
+7.25% |
| 2017-12-31 | CN¥7.36 Billion ≈ $1.08 Billion |
+9.54% |
| 2016-12-31 | CN¥6.72 Billion ≈ $983.31 Million |
+2.58% |
| 2015-12-31 | CN¥6.55 Billion ≈ $958.58 Million |
+0.48% |
| 2014-12-31 | CN¥6.52 Billion ≈ $954.02 Million |
+0.37% |
| 2013-12-31 | CN¥6.50 Billion ≈ $950.48 Million |
+0.50% |
| 2012-12-31 | CN¥6.46 Billion ≈ $945.79 Million |
-0.14% |
| 2011-12-31 | CN¥6.47 Billion ≈ $947.08 Million |
+1.17% |
| 2010-12-31 | CN¥6.40 Billion ≈ $936.10 Million |
+0.74% |
| 2009-12-31 | CN¥6.35 Billion ≈ $929.24 Million |
+58.10% |
| 2008-12-31 | CN¥4.02 Billion ≈ $587.75 Million |
+6.04% |
| 2007-12-31 | CN¥3.79 Billion ≈ $554.30 Million |
+34.26% |
| 2006-12-31 | CN¥2.82 Billion ≈ $412.85 Million |
+11.85% |
| 2005-12-31 | CN¥2.52 Billion ≈ $369.10 Million |
+11.11% |
| 2004-12-31 | CN¥2.27 Billion ≈ $332.18 Million |
+10.53% |
| 2003-12-31 | CN¥2.05 Billion ≈ $300.52 Million |
+19.22% |
| 2002-12-31 | CN¥1.72 Billion ≈ $252.08 Million |
+12.02% |
| 2001-12-31 | CN¥1.54 Billion ≈ $225.04 Million |
+7.24% |
| 2000-12-31 | CN¥1.43 Billion ≈ $209.85 Million |
+340.74% |
| 1999-12-31 | CN¥325.38 Million ≈ $47.61 Million |
+13.54% |
| 1998-12-31 | CN¥286.57 Million ≈ $41.93 Million |
+40.69% |
| 1997-12-31 | CN¥203.70 Million ≈ $29.81 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shandong Huatai Paper Industry Shareholding 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 11644.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.23 Billion | 57.22% |
| Common Stock | CN¥1.52 Billion | 16.59% |
| Other Comprehensive Income | CN¥1.22 Billion | 13.37% |
| Other Components | CN¥1.17 Billion | 12.81% |
| Total Equity | CN¥9.14 Billion | 100.00% |
Shandong Huatai Paper Industry Shareholding Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Huatai Paper Industry Shareholding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Mining Machinery Group Co Ltd
SHE:002526
|
$863.51 Million |
|
Shenzhen Lihexing Co. Ltd.
SHE:301013
|
$863.65 Million |
|
Jenkem Technology Co Ltd
SHG:688356
|
$863.99 Million |
|
Phu Nhuan Jewelry JSC
VN:PNJ
|
$864.02 Million |
|
Controladora Vuela Compañía de Aviación S.A.B. de C.V
MX:VOLARA
|
$863.43 Million |
|
Shanghai Sanyou Medical Co Ltd
SHG:688085
|
$863.20 Million |
|
Xiangpiaopiao Food Co Ltd
SHG:603711
|
$862.75 Million |
|
Business First Bancshares Inc
NASDAQ:BFST
|
$862.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Huatai Paper Industry Shareholding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,267,719,639 to 9,141,115,922, a change of -126,603,717 (-1.4%).
- Net income of 36,161,932 contributed positively to equity growth.
- Dividend payments of 184,687,075 reduced retained earnings.
- Share repurchases of 89,021,853 reduced equity.
- Other comprehensive income decreased equity by 1,399,617.
- Other factors increased equity by 112,342,896.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥36.16 Million | +0.4% |
| Dividends Paid | CN¥184.69 Million | -2.02% |
| Share Repurchases | CN¥89.02 Million | -0.97% |
| Other Comprehensive Income | CN¥-1.40 Million | -0.02% |
| Other Changes | CN¥112.34 Million | +1.23% |
| Total Change | CN¥- | -1.37% |
Book Value vs Market Value Analysis
This analysis compares Shandong Huatai Paper Industry Shareholding 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: 0.77x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 20.45x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.19 | CN¥3.89 | x |
| 1998-12-31 | CN¥0.25 | CN¥3.89 | x |
| 1999-12-31 | CN¥0.27 | CN¥3.89 | x |
| 2000-12-31 | CN¥1.37 | CN¥3.89 | x |
| 2001-12-31 | CN¥1.48 | CN¥3.89 | x |
| 2002-12-31 | CN¥1.66 | CN¥3.89 | x |
| 2003-12-31 | CN¥1.93 | CN¥3.89 | x |
| 2004-12-31 | CN¥2.14 | CN¥3.89 | x |
| 2005-12-31 | CN¥2.42 | CN¥3.89 | x |
| 2006-12-31 | CN¥1.93 | CN¥3.89 | x |
| 2007-12-31 | CN¥2.55 | CN¥3.89 | x |
| 2008-12-31 | CN¥2.70 | CN¥3.89 | x |
| 2009-12-31 | CN¥4.18 | CN¥3.89 | x |
| 2010-12-31 | CN¥3.70 | CN¥3.89 | x |
| 2011-12-31 | CN¥3.83 | CN¥3.89 | x |
| 2012-12-31 | CN¥3.77 | CN¥3.89 | x |
| 2013-12-31 | CN¥3.83 | CN¥3.89 | x |
| 2014-12-31 | CN¥3.89 | CN¥3.89 | x |
| 2015-12-31 | CN¥3.86 | CN¥3.89 | x |
| 2016-12-31 | CN¥3.99 | CN¥3.89 | x |
| 2017-12-31 | CN¥4.37 | CN¥3.89 | x |
| 2018-12-31 | CN¥4.70 | CN¥3.89 | x |
| 2019-12-31 | CN¥5.02 | CN¥3.89 | x |
| 2020-12-31 | CN¥5.33 | CN¥3.89 | x |
| 2021-12-31 | CN¥7.89 | CN¥3.89 | x |
| 2022-12-31 | CN¥5.76 | CN¥3.89 | x |
| 2023-12-31 | CN¥6.25 | CN¥3.89 | x |
| 2024-12-31 | CN¥5.06 | CN¥3.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Huatai Paper Industry Shareholding 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): 0.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.28%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.67x
- Recent ROE (0.40%) is below the historical average (9.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 24.92% | 13.90% | 0.49x | 3.64x | CN¥28.01 Million |
| 1998 | 25.32% | 16.38% | 0.53x | 2.93x | CN¥38.48 Million |
| 1999 | 26.08% | 13.94% | 0.52x | 3.60x | CN¥43.42 Million |
| 2000 | 6.47% | 14.03% | 0.26x | 1.75x | CN¥-47.88 Million |
| 2001 | 7.82% | 15.99% | 0.27x | 1.80x | CN¥-31.82 Million |
| 2002 | 11.59% | 14.33% | 0.48x | 1.68x | CN¥26.01 Million |
| 2003 | 11.83% | 14.15% | 0.47x | 1.77x | CN¥35.02 Million |
| 2004 | 12.82% | 10.32% | 0.67x | 1.86x | CN¥59.67 Million |
| 2005 | 13.93% | 11.73% | 0.47x | 2.52x | CN¥93.77 Million |
| 2006 | 14.91% | 10.66% | 0.47x | 2.96x | CN¥131.24 Million |
| 2007 | 14.07% | 8.23% | 0.66x | 2.60x | CN¥143.59 Million |
| 2008 | 9.75% | 6.07% | 0.61x | 2.63x | CN¥-9.42 Million |
| 2009 | 18.15% | 18.79% | 0.45x | 2.13x | CN¥491.57 Million |
| 2010 | 1.52% | 1.30% | 0.46x | 2.53x | CN¥-514.08 Million |
| 2011 | 1.32% | 0.86% | 0.54x | 2.83x | CN¥-539.99 Million |
| 2012 | 0.98% | 0.64% | 0.56x | 2.73x | CN¥-561.13 Million |
| 2013 | 0.95% | 0.61% | 0.59x | 2.63x | CN¥-566.69 Million |
| 2014 | 0.96% | 0.65% | 0.54x | 2.71x | CN¥-569.29 Million |
| 2015 | 1.02% | 0.69% | 0.59x | 2.53x | CN¥-569.71 Million |
| 2016 | 2.79% | 1.68% | 0.73x | 2.29x | CN¥-469.35 Million |
| 2017 | 9.43% | 4.93% | 0.96x | 2.00x | CN¥-40.85 Million |
| 2018 | 9.37% | 4.87% | 1.05x | 1.83x | CN¥-48.71 Million |
| 2019 | 8.28% | 5.02% | 0.99x | 1.67x | CN¥-140.99 Million |
| 2020 | 7.99% | 5.66% | 0.83x | 1.71x | CN¥-175.48 Million |
| 2021 | 8.66% | 5.42% | 0.92x | 1.73x | CN¥-125.38 Million |
| 2022 | 4.72% | 2.81% | 0.98x | 1.70x | CN¥-477.54 Million |
| 2023 | 2.56% | 1.78% | 0.87x | 1.64x | CN¥-689.64 Million |
| 2024 | 0.40% | 0.28% | 0.85x | 1.67x | CN¥-877.95 Million |
Industry Comparison
This section compares Shandong Huatai Paper Industry Shareholding 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: $2,320,953,565
- Average return on equity (ROE) among peers: 11.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Huatai Paper Industry Shareholding Co Ltd (600308) | CN¥9.20 Billion | 24.92% | 0.74x | $863.45 Million |
| Shandong Chenming Paper Holdings Ltd (000488) | $173.01 Million | 15.23% | 0.35x | $641.87 Million |
| MCC Meili Paper Industry Co Ltd (000815) | $2.15 Billion | -0.80% | 0.45x | $1.94 Billion |
| Zhejiang Kan Specialities Material Co Ltd (002012) | $1.24 Billion | 3.27% | 0.28x | $457.79 Million |
| Zhejiang Jingxing Paper Joint Stock Co Ltd (002067) | $334.24 Million | 16.95% | 2.25x | $1.06 Billion |
| Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) | $7.39 Billion | 9.02% | 1.67x | $6.02 Billion |
| Xiamen Anne Corp Ltd (002235) | $753.28 Million | 3.74% | 0.56x | $949.87 Million |
| Qifeng New Material Co Ltd (002521) | $3.35 Billion | 8.06% | 0.22x | $684.32 Million |
| Shandong Chenming Paper Holdings Ltd Class B (200488) | $6.60 Billion | 7.63% | 1.40x | $76.65 Million |
| Cre8 Direct Ningbo Co Ltd (300703) | $189.64 Million | 39.85% | 1.49x | $473.30 Million |
| Fujian Qingshan Paper Industry Co Ltd (600103) | $1.02 Billion | 10.06% | 0.30x | $1.46 Billion |
About Shandong Huatai Paper Industry Shareholding Co Ltd
Shandong Huatai Paper Industry Shareholding Co.,Ltd, together with its subsidiaries, manufactures and sells paper products in China and internationally. It operates through Paper Industry, Chemical Products, Electric Power, and Sewage Treatment segments. The company offers machine-made paper, such as coated, cultural, newsprint, industrial, wrapping, and packaging paper; and pulp products. It als… Read more