Yueyang Forest & Paper Co Ltd (600963) - Net Assets

Latest as of March 2026: CN¥7.60 Billion CNY ≈ $1.11 Billion USD

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 600963 total asset value for the complete picture of this company's asset base.

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

Yueyang Forest & Paper Co Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Yueyang Forest & Paper Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Yueyang Forest & Paper Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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 valuation and market cap data, see Yueyang Forest & Paper Co Ltd stock valuation.

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	--

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.

Current Equity Component Breakdown (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
Lsb Industries Inc NYSE:LXU	$815.60 Million
Grupo Posadas S.A.B. de C.V MX:POSADASA	$816.19 Million
SK Securities Co Ltd Preference Shares KO:001515	$816.24 Million
Companhia de Saneamento do Paraná - SANEPAR SA:SAPR3	$816.43 Million
Siri Prime Office Property Fd BK:SIRI	$815.23 Million
Bravura Solutions Ltd AU:BVS	$815.21 Million
Lushang Property Co Ltd SHG:600223	$815.18 Million
Cathay Real Estate Development Co Ltd TW:2501	$814.68 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: 0.73x
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 7.77x to 0.73x 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¥3.17	x
2002-12-31	CN¥0.48	CN¥3.17	x
2003-12-31	CN¥0.53	CN¥3.17	x
2004-12-31	CN¥1.79	CN¥3.17	x
2005-12-31	CN¥1.97	CN¥3.17	x
2006-12-31	CN¥1.99	CN¥3.17	x
2007-12-31	CN¥3.63	CN¥3.17	x
2008-12-31	CN¥3.39	CN¥3.17	x
2009-12-31	CN¥3.21	CN¥3.17	x
2010-12-31	CN¥5.02	CN¥3.17	x
2011-12-31	CN¥4.09	CN¥3.17	x
2012-12-31	CN¥4.91	CN¥3.17	x
2013-12-31	CN¥4.26	CN¥3.17	x
2014-12-31	CN¥3.94	CN¥3.17	x
2015-12-31	CN¥3.81	CN¥3.17	x
2016-12-31	CN¥4.29	CN¥3.17	x
2017-12-31	CN¥4.87	CN¥3.17	x
2018-12-31	CN¥4.47	CN¥3.17	x
2019-12-31	CN¥4.68	CN¥3.17	x
2020-12-31	CN¥4.88	CN¥3.17	x
2021-12-31	CN¥4.99	CN¥3.17	x
2022-12-31	CN¥5.21	CN¥3.17	x
2023-12-31	CN¥4.90	CN¥3.17	x
2024-12-31	CN¥4.27	CN¥3.17	x
2025-12-31	CN¥4.33	CN¥3.17	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: $5,005,768,240
Average return on equity (ROE) among peers: 6.52%

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	$815.28 Million
Shandong Chenming Paper Holdings Ltd (000488)	$21.10 Billion	-6.07%	2.77x	$469.54 Million
MCC Meili Paper Industry Co Ltd (000815)	$-169.15 Million	0.00%	0.00x	$1.36 Billion
Zhejiang Kan Specialities Material Co Ltd (002012)	$360.60 Million	2.16%	1.47x	$353.77 Million
Zhejiang Jingxing Paper Joint Stock Co Ltd (002067)	$334.24 Million	16.95%	2.25x	$830.90 Million
Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078)	$14.70 Billion	14.82%	1.20x	$5.78 Billion
Xiamen Anne Corp Ltd (002235)	$453.96 Million	11.63%	0.34x	$646.25 Million
Qifeng New Material Co Ltd (002521)	$3.55 Billion	0.24%	0.33x	$536.80 Million
Shandong Chenming Paper Holdings Ltd Class B (200488)	$5.30 Billion	11.85%	0.93x	$46.89 Million
Cre8 Direct Ningbo Co Ltd (300703)	$584.02 Million	10.36%	0.38x	$321.78 Million
Fujian Qingshan Paper Industry Co Ltd (600103)	$3.85 Billion	3.31%	0.44x	$842.71 Million

About Yueyang Forest & Paper Co Ltd

SHG:600963 China Paper & Paper Products

Market Cap

$815.28 Million

CN¥5.57 Billion CNY

Market Cap Rank

#9609 Global

#2358 in China

Share Price

CN¥3.17

Change (1 day)

+1.93%

52-Week Range

CN¥2.95 - CN¥6.57

All Time High

CN¥11.31