Mudanjiang Hengfeng Paper Co Ltd

SHG:600356 China Paper & Paper Products
Market Cap
$381.49 Million
CN¥2.80 Billion CNY
Market Cap Rank
#13884 Global
#3605 in China
Share Price
CN¥9.37
Change (1 day)
-0.21%
52-Week Range
CN¥6.95 - CN¥10.63
All Time High
CN¥11.97
Categories
Companies in China Paper & Paper Products
About

Mudanjiang Hengfeng Paper Co.,Ltd manufactures and sells tobacco, printing, packaging, pharma and cosmetics, and other paper products worldwide. It offers cigarette, rolling, filter, tipping and base, and inner liner papers; thin printing, heat transfer, and pharmaceutical leaflet papers; straw wrapping, toothpick wrapping, machine glazed, and food wrapping papers; oil and medical absorbing base … Read more

Mudanjiang Hengfeng Paper Co Ltd (600356) - Net Assets

Latest net assets as of September 2025: CN¥2.75 Billion CNY

Based on the latest financial reports, Mudanjiang Hengfeng Paper Co Ltd (600356) has net assets worth CN¥2.75 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¥3.70 Billion) and total liabilities (CN¥948.41 Million). 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¥2.75 Billion
% of Total Assets 74.36%
Annual Growth Rate 10.62%
5-Year Change 14.35%
10-Year Change 35.14%
Growth Volatility 34.31

Mudanjiang Hengfeng Paper Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Mudanjiang Hengfeng Paper 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 Mudanjiang Hengfeng Paper Co Ltd (1997–2024)

The table below shows the annual net assets of Mudanjiang Hengfeng Paper Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.65 Billion +2.97%
2023-12-31 CN¥2.57 Billion +4.15%
2022-12-31 CN¥2.47 Billion +4.09%
2021-12-31 CN¥2.37 Billion +2.44%
2020-12-31 CN¥2.32 Billion +5.41%
2019-12-31 CN¥2.20 Billion +3.19%
2018-12-31 CN¥2.13 Billion +1.67%
2017-12-31 CN¥2.10 Billion +3.35%
2016-12-31 CN¥2.03 Billion +3.41%
2015-12-31 CN¥1.96 Billion +21.29%
2014-12-31 CN¥1.62 Billion +3.82%
2013-12-31 CN¥1.56 Billion +11.71%
2012-12-31 CN¥1.39 Billion +12.34%
2011-12-31 CN¥1.24 Billion +6.03%
2010-12-31 CN¥1.17 Billion +1.96%
2009-12-31 CN¥1.15 Billion +5.70%
2008-12-31 CN¥1.09 Billion +3.40%
2007-12-31 CN¥1.05 Billion +38.98%
2006-12-31 CN¥755.55 Million +7.08%
2005-12-31 CN¥705.59 Million +9.50%
2004-12-31 CN¥644.39 Million +7.79%
2003-12-31 CN¥597.81 Million +13.20%
2002-12-31 CN¥528.10 Million +7.60%
2001-12-31 CN¥490.79 Million +7.17%
2000-12-31 CN¥457.96 Million +183.04%
1999-12-31 CN¥161.80 Million -14.21%
1998-12-31 CN¥188.59 Million +8.67%
1997-12-31 CN¥173.54 Million --

Equity Component Analysis

This analysis shows how different components contribute to Mudanjiang Hengfeng Paper 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 5661.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.22 Billion 47.49%
Common Stock CN¥298.73 Million 11.61%
Other Comprehensive Income CN¥194.18 Million 7.55%
Other Components CN¥858.35 Million 33.36%
Total Equity CN¥2.57 Billion 100.00%

Mudanjiang Hengfeng Paper Co Ltd Competitors by Market Cap

The table below lists competitors of Mudanjiang Hengfeng Paper Co Ltd ranked by their market capitalization.

Company Market Cap
Beijing Jingyeda Technology Co Ltd
SHE:003005
 		$247.39 Million
Transport Corporation of India Limited
NSE:TCI
 		$247.48 Million
Fortune Ng Fung Food Hebei Co Ltd
SHG:600965
 		$247.58 Million
Crown Advanced Material Co. Ltd. A
SHG:688560
 		$247.61 Million
Asiana Airline
KO:020560
 		$247.32 Million
GuocoLand Limited
MU:FS8
 		$247.32 Million
Athens Water Supply and Sewerage Company S.A
PINK:AHWSF
 		$247.30 Million
Mako Mining Corp
OTCQX:MAKOF
 		$247.29 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,498,258,694 to 2,573,211,898, a change of 74,953,204 (3.0%).
  • Net income of 115,819,658 contributed positively to equity growth.
  • Dividend payments of 68,710,552 reduced retained earnings.
  • Other comprehensive income increased equity by 194,179,867.
  • Other factors decreased equity by 166,335,769.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥115.82 Million +4.5%
Dividends Paid CN¥68.71 Million -2.67%
Other Comprehensive Income CN¥194.18 Million +7.55%
Other Changes CN¥-166.34 Million -6.46%
Total Change CN¥- 3.00%

Book Value vs Market Value Analysis

This analysis compares Mudanjiang Hengfeng Paper 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: 1.08x
  • 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 8.97x to 1.08x 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¥1.04 CN¥9.37 x
1998-12-31 CN¥1.14 CN¥9.37 x
1999-12-31 CN¥0.97 CN¥9.37 x
2000-12-31 CN¥2.76 CN¥9.37 x
2001-12-31 CN¥2.95 CN¥9.37 x
2002-12-31 CN¥3.18 CN¥9.37 x
2003-12-31 CN¥3.60 CN¥9.37 x
2004-12-31 CN¥3.88 CN¥9.37 x
2005-12-31 CN¥4.25 CN¥9.37 x
2006-12-31 CN¥4.45 CN¥9.37 x
2007-12-31 CN¥5.27 CN¥9.37 x
2008-12-31 CN¥4.71 CN¥9.37 x
2009-12-31 CN¥4.87 CN¥9.37 x
2010-12-31 CN¥4.94 CN¥9.37 x
2011-12-31 CN¥5.25 CN¥9.37 x
2012-12-31 CN¥5.00 CN¥9.37 x
2013-12-31 CN¥6.03 CN¥9.37 x
2014-12-31 CN¥6.20 CN¥9.37 x
2015-12-31 CN¥6.82 CN¥9.37 x
2016-12-31 CN¥6.77 CN¥9.37 x
2017-12-31 CN¥7.00 CN¥9.37 x
2018-12-31 CN¥6.95 CN¥9.37 x
2019-12-31 CN¥7.30 CN¥9.37 x
2020-12-31 CN¥7.50 CN¥9.37 x
2021-12-31 CN¥7.71 CN¥9.37 x
2022-12-31 CN¥8.04 CN¥9.37 x
2023-12-31 CN¥8.44 CN¥9.37 x
2024-12-31 CN¥8.66 CN¥9.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mudanjiang Hengfeng Paper 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): 4.50%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.18%
  • • Asset Turnover: 0.80x
  • • Equity Multiplier: 1.35x
  • Recent ROE (4.50%) is below the historical average (7.63%), 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 14.86% 10.17% 0.91x 1.61x CN¥8.44 Million
1998 16.16% 11.48% 0.79x 1.79x CN¥11.62 Million
1999 20.17% 10.94% 0.79x 2.33x CN¥16.46 Million
2000 8.60% 11.78% 0.50x 1.46x CN¥-6.43 Million
2001 9.31% 12.39% 0.56x 1.34x CN¥-3.38 Million
2002 8.98% 11.12% 0.61x 1.33x CN¥-5.40 Million
2003 11.66% 13.84% 0.53x 1.58x CN¥9.93 Million
2004 11.57% 13.17% 0.49x 1.80x CN¥10.14 Million
2005 10.66% 10.89% 0.48x 2.05x CN¥4.64 Million
2006 5.41% 5.30% 0.48x 2.12x CN¥-33.90 Million
2007 3.64% 4.25% 0.56x 1.54x CN¥-65.94 Million
2008 5.84% 5.77% 0.72x 1.40x CN¥-44.72 Million
2009 9.24% 9.28% 0.70x 1.42x CN¥-8.65 Million
2010 7.09% 6.86% 0.63x 1.65x CN¥-33.41 Million
2011 7.24% 6.65% 0.57x 1.91x CN¥-33.59 Million
2012 6.60% 6.23% 0.52x 2.02x CN¥-46.65 Million
2013 4.81% 4.86% 0.57x 1.74x CN¥-79.57 Million
2014 5.00% 5.31% 0.55x 1.70x CN¥-79.62 Million
2015 4.54% 6.31% 0.52x 1.37x CN¥-105.65 Million
2016 4.72% 6.96% 0.50x 1.36x CN¥-105.73 Million
2017 4.71% 6.77% 0.53x 1.31x CN¥-109.58 Million
2018 3.17% 4.15% 0.59x 1.29x CN¥-144.23 Million
2019 4.10% 5.09% 0.60x 1.35x CN¥-128.52 Million
2020 5.88% 7.20% 0.60x 1.35x CN¥-92.34 Million
2021 4.40% 5.01% 0.69x 1.28x CN¥-128.87 Million
2022 5.37% 5.25% 0.80x 1.27x CN¥-111.17 Million
2023 5.45% 5.14% 0.84x 1.27x CN¥-113.67 Million
2024 4.50% 4.18% 0.80x 1.35x CN¥-141.50 Million

Industry Comparison

This section compares Mudanjiang Hengfeng Paper 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: $1,132,655,863
  • Average return on equity (ROE) among peers: 14.18%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Mudanjiang Hengfeng Paper Co Ltd (600356) CN¥2.75 Billion 14.86% 0.34x $247.38 Million
Shandong Chenming Paper Holdings Ltd (000488) $1.48 Billion 8.64% 0.67x $856.84 Million
MCC Meili Paper Industry Co Ltd (000815) $581.69 Million 7.14% 1.65x $1.01 Billion
Zhejiang Kan Specialities Material Co Ltd (002012) $1.70 Billion 0.34% 0.06x $340.02 Million
Zhejiang Jingxing Paper Joint Stock Co Ltd (002067) $334.24 Million 16.95% 2.25x $888.99 Million
Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) $4.46 Billion 3.96% 2.41x $2.97 Billion
Xiamen Anne Corp Ltd (002235) $453.96 Million 11.63% 0.34x $679.45 Million
Qifeng New Material Co Ltd (002521) $382.94 Million 31.00% 1.37x $387.93 Million
Shandong Chenming Paper Holdings Ltd Class B (200488) $1.32 Billion 13.98% 0.36x $251.60 Million
Cre8 Direct Ningbo Co Ltd (300703) $96.98 Million 33.95% 2.34x $282.96 Million
Fujian Qingshan Paper Industry Co Ltd (600103) $519.79 Million 14.19% 0.64x $808.66 Million