Yueyang Forest & Paper Co Ltd Net Assets
Yueyang Forest & Paper Co Ltd net assets. Based on the latest financial reports, Yueyang Forest & Paper Co Ltd (600963) has net assets worth CN¥7.60 Billion CNY (≈ $1.11 Billion 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¥20.37 Billion ≈ $2.98 Billion USD) and total liabilities (CN¥12.77 Billion ≈ $1.87 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. Also explore net asset momentum of Yueyang Forest & Paper Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.60 Billion |
| % of Total Assets | 37.33% |
| Annual Growth Rate | 15.99% |
| 5-Year Change | -12.81% |
| 10-Year Change | 45.97% |
| Growth Volatility | 54.47 |
Net Assets of Yueyang Forest & Paper Co Ltd (2001–2025)
Net assets of Yueyang Forest & Paper Co Ltd from 2001 to 2025. This chart illustrates how Yueyang Forest & Paper Co Ltd's net assets have evolved over time, based on quarterly financial data. See Yueyang Forest & Paper Co Ltd net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Yueyang Forest & Paper Co Ltd (2001–2025)
The table below shows the annual net assets of Yueyang Forest & Paper Co Ltd from 2001 to 2025. For live market cap and overall valuation, see Yueyang Forest & Paper Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.67 Billion ≈ $1.12 Billion |
-3.49% |
| 2024-12-31 | CN¥7.94 Billion ≈ $1.16 Billion |
-8.99% |
| 2023-12-31 | CN¥8.73 Billion ≈ $1.28 Billion |
-5.53% |
| 2022-12-31 | CN¥9.24 Billion ≈ $1.35 Billion |
+5.08% |
| 2021-12-31 | CN¥8.79 Billion ≈ $1.29 Billion |
+2.50% |
| 2020-12-31 | CN¥8.58 Billion ≈ $1.26 Billion |
+3.60% |
| 2019-12-31 | CN¥8.28 Billion ≈ $1.21 Billion |
+1.12% |
| 2018-12-31 | CN¥8.19 Billion ≈ $1.20 Billion |
+4.26% |
| 2017-12-31 | CN¥7.86 Billion ≈ $1.15 Billion |
+49.54% |
| 2016-12-31 | CN¥5.25 Billion ≈ $768.66 Million |
+0.54% |
| 2015-12-31 | CN¥5.22 Billion ≈ $764.53 Million |
-2.87% |
| 2014-12-31 | CN¥5.38 Billion ≈ $787.11 Million |
+0.14% |
| 2013-12-31 | CN¥5.37 Billion ≈ $785.97 Million |
+0.32% |
| 2012-12-31 | CN¥5.35 Billion ≈ $783.49 Million |
+17.85% |
| 2011-12-31 | CN¥4.54 Billion ≈ $664.82 Million |
-0.98% |
| 2010-12-31 | CN¥4.59 Billion ≈ $671.39 Million |
+52.35% |
| 2009-12-31 | CN¥3.01 Billion ≈ $440.70 Million |
+2.66% |
| 2008-12-31 | CN¥2.93 Billion ≈ $429.27 Million |
+4.49% |
| 2007-12-31 | CN¥2.81 Billion ≈ $410.81 Million |
+148.20% |
| 2006-12-31 | CN¥1.13 Billion ≈ $165.51 Million |
+1.55% |
| 2005-12-31 | CN¥1.11 Billion ≈ $162.99 Million |
+16.63% |
| 2004-12-31 | CN¥955.07 Million ≈ $139.76 Million |
+235.71% |
| 2003-12-31 | CN¥284.49 Million ≈ $41.63 Million |
+10.78% |
| 2002-12-31 | CN¥256.82 Million ≈ $37.58 Million |
+17.86% |
| 2001-12-31 | CN¥217.90 Million ≈ $31.89 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yueyang Forest & 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 decreased by 422.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Yueyang Forest & Paper Co Ltd Net Assets Breakdown (December 2025)
Yueyang Forest & Paper Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.76 Billion | 23.09% |
| Other Comprehensive Income | CN¥394.13 Million | 5.18% |
| Other Components | CN¥5.65 Billion | 74.19% |
| Total Equity | CN¥7.61 Billion | 100.00% |
Yueyang Forest & Paper Co Ltd Competitors by Market Cap
The table below lists competitors of Yueyang Forest & Paper Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NB Bancorp, Inc. Common Stock
NASDAQ:NBBK
|
$969.70 Million |
|
Far Eastern Department Stores Ltd
TW:2903
|
$969.77 Million |
|
Pet Valu Holdings Ltd
TO:PET
|
$970.03 Million |
|
Topscore Fashion
SHG:603608
|
$970.25 Million |
|
Guangxi Liuzhou Pharm Co Ltd
SHG:603368
|
$969.52 Million |
|
Ampoc Far-East Co Ltd
TW:2493
|
$968.91 Million |
|
China Harzone Industry Corp Ltd
SHE:300527
|
$968.59 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
$968.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yueyang Forest & Paper Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,917,168,923 to 7,612,090,444, a change of -305,078,479 (-3.9%).
- Net loss of 234,966,477 reduced equity.
- Dividend payments of 52,914,435 reduced retained earnings.
- Other comprehensive income increased equity by 394,133,196.
- Other factors decreased equity by 411,330,763.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-234.97 Million | -3.09% |
| Dividends Paid | CN¥52.91 Million | -0.7% |
| Other Comprehensive Income | CN¥394.13 Million | +5.18% |
| Other Changes | CN¥-411.33 Million | -5.4% |
| Total Change | CN¥- | -3.85% |
Book Value vs Market Value Analysis
This analysis compares Yueyang Forest & 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: 0.87x
- 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 9.24x to 0.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.41 | CN¥3.77 | x |
| 2002-12-31 | CN¥0.48 | CN¥3.77 | x |
| 2003-12-31 | CN¥0.53 | CN¥3.77 | x |
| 2004-12-31 | CN¥1.79 | CN¥3.77 | x |
| 2005-12-31 | CN¥1.97 | CN¥3.77 | x |
| 2006-12-31 | CN¥1.99 | CN¥3.77 | x |
| 2007-12-31 | CN¥3.63 | CN¥3.77 | x |
| 2008-12-31 | CN¥3.39 | CN¥3.77 | x |
| 2009-12-31 | CN¥3.21 | CN¥3.77 | x |
| 2010-12-31 | CN¥5.02 | CN¥3.77 | x |
| 2011-12-31 | CN¥4.09 | CN¥3.77 | x |
| 2012-12-31 | CN¥4.91 | CN¥3.77 | x |
| 2013-12-31 | CN¥4.26 | CN¥3.77 | x |
| 2014-12-31 | CN¥3.94 | CN¥3.77 | x |
| 2015-12-31 | CN¥3.81 | CN¥3.77 | x |
| 2016-12-31 | CN¥4.29 | CN¥3.77 | x |
| 2017-12-31 | CN¥4.87 | CN¥3.77 | x |
| 2018-12-31 | CN¥4.47 | CN¥3.77 | x |
| 2019-12-31 | CN¥4.68 | CN¥3.77 | x |
| 2020-12-31 | CN¥4.88 | CN¥3.77 | x |
| 2021-12-31 | CN¥4.99 | CN¥3.77 | x |
| 2022-12-31 | CN¥5.21 | CN¥3.77 | x |
| 2023-12-31 | CN¥4.90 | CN¥3.77 | x |
| 2024-12-31 | CN¥4.27 | CN¥3.77 | x |
| 2025-12-31 | CN¥4.33 | CN¥3.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yueyang Forest & 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): -3.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.72%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.70x
- Recent ROE (-3.09%) is below the historical average (4.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 26.51% | 11.82% | 0.98x | 2.28x | CN¥35.98 Million |
| 2002 | 18.25% | 7.38% | 1.06x | 2.34x | CN¥21.19 Million |
| 2003 | 16.75% | 6.94% | 0.90x | 2.68x | CN¥19.20 Million |
| 2004 | 6.07% | 5.01% | 0.35x | 3.48x | CN¥-37.58 Million |
| 2005 | 8.98% | 5.09% | 0.54x | 3.26x | CN¥-10.74 Million |
| 2006 | 5.19% | 2.94% | 0.50x | 3.54x | CN¥-51.16 Million |
| 2007 | 4.09% | 4.08% | 0.42x | 2.42x | CN¥-165.88 Million |
| 2008 | 4.76% | 4.36% | 0.43x | 2.52x | CN¥-153.73 Million |
| 2009 | 3.12% | 3.09% | 0.30x | 3.32x | CN¥-207.25 Million |
| 2010 | 3.43% | 3.30% | 0.39x | 2.64x | CN¥-301.54 Million |
| 2011 | 3.39% | 2.21% | 0.42x | 3.69x | CN¥-300.24 Million |
| 2012 | -4.08% | -3.33% | 0.39x | 3.10x | CN¥-753.35 Million |
| 2013 | 0.36% | 0.29% | 0.38x | 3.23x | CN¥-517.52 Million |
| 2014 | 1.17% | 0.93% | 0.41x | 3.09x | CN¥-474.96 Million |
| 2015 | -7.46% | -6.58% | 0.38x | 2.98x | CN¥-912.44 Million |
| 2016 | 0.54% | 0.59% | 0.34x | 2.71x | CN¥-497.06 Million |
| 2017 | 4.43% | 5.66% | 0.40x | 1.97x | CN¥-437.79 Million |
| 2018 | 4.48% | 5.22% | 0.47x | 1.82x | CN¥-450.93 Million |
| 2019 | 3.79% | 4.41% | 0.46x | 1.88x | CN¥-512.74 Million |
| 2020 | 4.84% | 5.82% | 0.45x | 1.85x | CN¥-441.49 Million |
| 2021 | 3.41% | 3.80% | 0.48x | 1.88x | CN¥-577.27 Million |
| 2022 | 6.69% | 6.29% | 0.59x | 1.81x | CN¥-304.02 Million |
| 2023 | 0.88% | 0.77% | 0.62x | 1.84x | CN¥-791.90 Million |
| 2024 | 2.11% | 2.05% | 0.40x | 2.57x | CN¥-624.99 Million |
| 2025 | -3.09% | -2.72% | 0.42x | 2.70x | CN¥-996.18 Million |
Industry Comparison
This section compares Yueyang Forest & 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: $1,908,306,561
- Average return on equity (ROE) among peers: 5.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yueyang Forest & Paper Co Ltd (600963) | CN¥7.60 Billion | 26.51% | 1.68x | $969.60 Million |
| Shandong Chenming Paper Holdings Ltd (000488) | $1.48 Billion | 8.64% | 0.67x | $472.03 Million |
| MCC Meili Paper Industry Co Ltd (000815) | $666.29 Million | 6.91% | 2.58x | $1.27 Billion |
| Zhejiang Kan Specialities Material Co Ltd (002012) | $1.30 Billion | 2.36% | 0.37x | $370.20 Million |
| Zhejiang Jingxing Paper Joint Stock Co Ltd (002067) | $676.34 Million | 8.62% | 1.47x | $753.20 Million |
| Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) | $1.49 Billion | 18.61% | 2.35x | $5.75 Billion |
| Xiamen Anne Corp Ltd (002235) | $2.19 Billion | 3.45% | 0.15x | $552.11 Million |
| Qifeng New Material Co Ltd (002521) | $2.57 Billion | 10.63% | 0.57x | $418.79 Million |
| Shandong Chenming Paper Holdings Ltd Class B (200488) | $6.60 Billion | 7.63% | 1.40x | $48.69 Million |
| Cre8 Direct Ningbo Co Ltd (300703) | $641.26 Million | 12.98% | 0.48x | $284.03 Million |
| Fujian Qingshan Paper Industry Co Ltd (600103) | $1.47 Billion | -21.71% | 1.39x | $914.85 Million |
About Yueyang Forest & Paper Co Ltd
Yueyang Forest & Paper Co., Ltd. manufactures and sells cultural, commercial pulp, industrial, and packaging paper products in China and internationally. The company offers refined lightweight coated, offset printing, pure wood pulp, light glue master, copy, and light offset paper products, as well as kraft, stretch paper bag, high-strength paper bag, fine paper bag, handbag, food packaging, coat… Read more