Anhui Shanying Paper Industry Co Ltd (600567) - Net Assets
Based on the latest financial reports, Anhui Shanying Paper Industry Co Ltd (600567) has net assets worth CN¥17.02 Billion CNY (≈ $2.49 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¥52.67 Billion ≈ $7.71 Billion USD) and total liabilities (CN¥35.65 Billion ≈ $5.22 Billion 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 600567 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥17.02 Billion |
| % of Total Assets | 32.31% |
| Annual Growth Rate | 22.67% |
| 5-Year Change | -2.31% |
| 10-Year Change | 172.57% |
| Growth Volatility | 39.96 |
Anhui Shanying Paper Industry Co Ltd - Net Assets Trend (1998–2024)
This chart illustrates how Anhui Shanying Paper Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Anhui Shanying Paper Industry Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Anhui Shanying Paper Industry Co Ltd (1998–2024)
The table below shows the annual net assets of Anhui Shanying Paper Industry Co Ltd from 1998 to 2024. For live valuation and market cap data, see 600567 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥16.83 Billion ≈ $2.46 Billion |
+7.10% |
| 2023-12-31 | CN¥15.71 Billion ≈ $2.30 Billion |
+11.24% |
| 2022-12-31 | CN¥14.13 Billion ≈ $2.07 Billion |
-22.80% |
| 2021-12-31 | CN¥18.30 Billion ≈ $2.68 Billion |
+6.21% |
| 2020-12-31 | CN¥17.23 Billion ≈ $2.52 Billion |
+15.68% |
| 2019-12-31 | CN¥14.89 Billion ≈ $2.18 Billion |
+10.03% |
| 2018-12-31 | CN¥13.54 Billion ≈ $1.98 Billion |
+29.58% |
| 2017-12-31 | CN¥10.45 Billion ≈ $1.53 Billion |
+23.95% |
| 2016-12-31 | CN¥8.43 Billion ≈ $1.23 Billion |
+36.48% |
| 2015-12-31 | CN¥6.17 Billion ≈ $903.55 Million |
+3.04% |
| 2014-12-31 | CN¥5.99 Billion ≈ $876.90 Million |
+1.11% |
| 2013-12-31 | CN¥5.93 Billion ≈ $867.30 Million |
+98.77% |
| 2012-12-31 | CN¥2.98 Billion ≈ $436.34 Million |
-0.89% |
| 2011-12-31 | CN¥3.01 Billion ≈ $440.27 Million |
+54.89% |
| 2010-12-31 | CN¥1.94 Billion ≈ $284.25 Million |
+21.15% |
| 2009-12-31 | CN¥1.60 Billion ≈ $234.64 Million |
+21.45% |
| 2008-12-31 | CN¥1.32 Billion ≈ $193.19 Million |
+2.81% |
| 2007-12-31 | CN¥1.28 Billion ≈ $187.91 Million |
+6.01% |
| 2006-12-31 | CN¥1.21 Billion ≈ $177.25 Million |
+29.27% |
| 2005-12-31 | CN¥937.04 Million ≈ $137.12 Million |
+6.51% |
| 2004-12-31 | CN¥879.75 Million ≈ $128.74 Million |
+116.35% |
| 2003-12-31 | CN¥406.63 Million ≈ $59.50 Million |
+16.42% |
| 2002-12-31 | CN¥349.27 Million ≈ $51.11 Million |
+5.80% |
| 2001-12-31 | CN¥330.11 Million ≈ $48.31 Million |
+165.39% |
| 2000-12-31 | CN¥124.39 Million ≈ $18.20 Million |
+11.92% |
| 1999-12-31 | CN¥111.14 Million ≈ $16.26 Million |
+34.10% |
| 1998-12-31 | CN¥82.88 Million ≈ $12.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Anhui Shanying 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 13421.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.74 Billion | 38.08% |
| Common Stock | CN¥4.16 Billion | 27.61% |
| Other Comprehensive Income | CN¥318.09 Million | 2.11% |
| Other Components | CN¥4.85 Billion | 32.20% |
| Total Equity | CN¥15.07 Billion | 100.00% |
Anhui Shanying Paper Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Anhui Shanying Paper Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Sanyuan Foods Co Ltd
SHG:600429
|
$1.34 Billion |
|
Shenzhen Sunrise New Energy Co Ltd
SHE:002256
|
$1.34 Billion |
|
Guangdong Shenglu Telecommunication Tech Co Ltd
SHE:002446
|
$1.34 Billion |
|
Chagee Holdings Limited American Depositary Shares
NASDAQ:CHA
|
$1.34 Billion |
|
Boai NKY Pharmaceuticals Ltd
SHE:300109
|
$1.34 Billion |
|
Welspun Living Limited
NSE:WELSPUNLIV
|
$1.34 Billion |
|
Shanghai Chengdi Constr Co
SHG:603887
|
$1.34 Billion |
|
Derichebourg
PA:DBG
|
$1.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Shanying Paper Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,747,302,701 to 15,072,345,607, a change of 1,325,042,906 (9.6%).
- Net loss of 450,645,512 reduced equity.
- Dividend payments of 964,173,609 reduced retained earnings.
- Share repurchases of 600,600,000 reduced equity.
- Other comprehensive income increased equity by 318,093,465.
- Other factors increased equity by 3,022,368,562.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-450.65 Million | -2.99% |
| Dividends Paid | CN¥964.17 Million | -6.4% |
| Share Repurchases | CN¥600.60 Million | -3.98% |
| Other Comprehensive Income | CN¥318.09 Million | +2.11% |
| Other Changes | CN¥3.02 Billion | +20.05% |
| Total Change | CN¥- | 9.64% |
Book Value vs Market Value Analysis
This analysis compares Anhui Shanying 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: 0.43x
- 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 9.95x to 0.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CN¥0.15 | CN¥1.45 | x |
| 1999-12-31 | CN¥0.20 | CN¥1.45 | x |
| 2000-12-31 | CN¥0.22 | CN¥1.45 | x |
| 2001-12-31 | CN¥0.58 | CN¥1.45 | x |
| 2002-12-31 | CN¥0.61 | CN¥1.45 | x |
| 2003-12-31 | CN¥0.71 | CN¥1.45 | x |
| 2004-12-31 | CN¥1.54 | CN¥1.45 | x |
| 2005-12-31 | CN¥1.65 | CN¥1.45 | x |
| 2006-12-31 | CN¥1.34 | CN¥1.45 | x |
| 2007-12-31 | CN¥1.42 | CN¥1.45 | x |
| 2008-12-31 | CN¥1.55 | CN¥1.45 | x |
| 2009-12-31 | CN¥1.66 | CN¥1.45 | x |
| 2010-12-31 | CN¥1.75 | CN¥1.45 | x |
| 2011-12-31 | CN¥2.05 | CN¥1.45 | x |
| 2012-12-31 | CN¥1.95 | CN¥1.45 | x |
| 2013-12-31 | CN¥2.55 | CN¥1.45 | x |
| 2014-12-31 | CN¥1.62 | CN¥1.45 | x |
| 2015-12-31 | CN¥1.76 | CN¥1.45 | x |
| 2016-12-31 | CN¥2.14 | CN¥1.45 | x |
| 2017-12-31 | CN¥2.28 | CN¥1.45 | x |
| 2018-12-31 | CN¥2.88 | CN¥1.45 | x |
| 2019-12-31 | CN¥2.75 | CN¥1.45 | x |
| 2020-12-31 | CN¥2.60 | CN¥1.45 | x |
| 2021-12-31 | CN¥2.94 | CN¥1.45 | x |
| 2022-12-31 | CN¥3.13 | CN¥1.45 | x |
| 2023-12-31 | CN¥3.52 | CN¥1.45 | x |
| 2024-12-31 | CN¥3.34 | CN¥1.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Shanying 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): -2.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.54%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 3.45x
- Recent ROE (-2.99%) is below the historical average (6.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 14.24% | 7.77% | 0.80x | 2.30x | CN¥3.51 Million |
| 1999 | 10.01% | 5.72% | 0.76x | 2.29x | CN¥12.20K |
| 2000 | 14.54% | 5.60% | 0.96x | 2.72x | CN¥5.64 Million |
| 2001 | 6.98% | 8.20% | 0.42x | 2.02x | CN¥-9.94 Million |
| 2002 | 7.20% | 5.14% | 0.59x | 2.38x | CN¥-9.76 Million |
| 2003 | 11.99% | 5.40% | 0.75x | 2.97x | CN¥8.08 Million |
| 2004 | 5.47% | 3.90% | 0.71x | 1.97x | CN¥-39.80 Million |
| 2005 | 6.76% | 4.28% | 0.77x | 2.06x | CN¥-30.31 Million |
| 2006 | 9.57% | 6.80% | 0.67x | 2.09x | CN¥-5.17 Million |
| 2007 | 4.68% | 3.14% | 0.46x | 3.25x | CN¥-67.79 Million |
| 2008 | 0.31% | 0.14% | 0.61x | 3.58x | CN¥-126.19 Million |
| 2009 | 3.72% | 2.19% | 0.55x | 3.08x | CN¥-99.52 Million |
| 2010 | 9.52% | 4.94% | 0.69x | 2.78x | CN¥-9.42 Million |
| 2011 | 1.22% | 0.91% | 0.59x | 2.27x | CN¥-261.00 Million |
| 2012 | 2.05% | 0.73% | 1.05x | 2.66x | CN¥-234.06 Million |
| 2013 | 3.53% | 3.16% | 0.36x | 3.08x | CN¥-381.06 Million |
| 2014 | 1.85% | 1.42% | 0.42x | 3.11x | CN¥-485.09 Million |
| 2015 | 3.42% | 2.14% | 0.53x | 3.01x | CN¥-402.88 Million |
| 2016 | 4.21% | 2.91% | 0.61x | 2.39x | CN¥-484.85 Million |
| 2017 | 19.43% | 11.53% | 0.65x | 2.60x | CN¥977.74 Million |
| 2018 | 24.31% | 13.15% | 0.68x | 2.72x | CN¥1.89 Billion |
| 2019 | 9.45% | 5.86% | 0.55x | 2.95x | CN¥-78.89 Million |
| 2020 | 8.86% | 5.53% | 0.55x | 2.91x | CN¥-178.53 Million |
| 2021 | 9.18% | 4.59% | 0.64x | 3.15x | CN¥-136.07 Million |
| 2022 | -16.61% | -6.63% | 0.65x | 3.87x | CN¥-3.62 Billion |
| 2023 | 1.14% | 0.53% | 0.54x | 3.98x | CN¥-1.22 Billion |
| 2024 | -2.99% | -1.54% | 0.56x | 3.45x | CN¥-1.96 Billion |
Industry Comparison
This section compares Anhui Shanying 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: $5,759,895,296
- Average return on equity (ROE) among peers: 9.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Shanying Paper Industry Co Ltd (600567) | CN¥17.02 Billion | 14.24% | 2.10x | $1.34 Billion |
| Shandong Chenming Paper Holdings Ltd (000488) | $332.42 Million | 38.98% | 1.02x | $641.87 Million |
| MCC Meili Paper Industry Co Ltd (000815) | $981.65 Million | 0.83% | 2.52x | $1.94 Billion |
| Zhejiang Kan Specialities Material Co Ltd (002012) | $1.13 Billion | 10.44% | 0.47x | $457.79 Million |
| Zhejiang Jingxing Paper Joint Stock Co Ltd (002067) | $4.53 Billion | 4.17% | 0.25x | $1.06 Billion |
| Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) | $18.81 Billion | 15.57% | 1.27x | $6.02 Billion |
| Xiamen Anne Corp Ltd (002235) | $1.23 Billion | 1.83% | 0.22x | $949.87 Million |
| Qifeng New Material Co Ltd (002521) | $3.59 Billion | 4.60% | 0.41x | $684.32 Million |
| Shandong Chenming Paper Holdings Ltd Class B (200488) | $22.56 Billion | 8.86% | 2.65x | $76.65 Million |
| Cre8 Direct Ningbo Co Ltd (300703) | $731.24 Million | 7.09% | 0.91x | $473.30 Million |
| Fujian Qingshan Paper Industry Co Ltd (600103) | $3.69 Billion | 4.19% | 0.38x | $1.46 Billion |
About Anhui Shanying Paper Industry Co Ltd
Shanying International Holdings Co.,Ltd., together with its subsidiaries, engages in fiber trading, papermaking, packaging, and printing businesses. Its paper making business includes kraft liner, corrugated paper, coated kraft paper and white top liner, newsprint, bag paper, and cotton swab paper, as well as bleached hardwood pulp, UFS, and inkjet paper. The company also offers papers, specialty… Read more