Shandong Bohui Paper Industry Co Ltd (600966) - Net Assets

Latest as of March 2026: CN¥7.48 Billion CNY ≈ $1.09 Billion USD

Based on the latest financial reports, Shandong Bohui Paper Industry Co Ltd (600966) has net assets worth CN¥7.48 Billion CNY (≈ $1.09 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¥24.55 Billion ≈ $3.59 Billion USD) and total liabilities (CN¥17.07 Billion ≈ $2.50 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 how tangible is Shandong Bohui Paper Industry Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥7.48 Billion
% of Total Assets	30.47%
Annual Growth Rate	15.9%
5-Year Change	2.1%
10-Year Change	65.94%
Growth Volatility	45.09

Shandong Bohui Paper Industry Co Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Shandong Bohui Paper Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shandong Bohui Paper Industry Co Ltd (600966) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shandong Bohui Paper Industry Co Ltd (2001–2025)

The table below shows the annual net assets of Shandong Bohui Paper Industry Co Ltd from 2001 to 2025. For live valuation and market cap data, see Shandong Bohui Paper Industry Co Ltd (600966) market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥7.42 Billion ≈ $1.09 Billion	+9.10%
2024-12-31	CN¥6.80 Billion ≈ $995.07 Million	+1.97%
2023-12-31	CN¥6.67 Billion ≈ $975.84 Million	+2.31%
2022-12-31	CN¥6.52 Billion ≈ $953.80 Million	-10.30%
2021-12-31	CN¥7.27 Billion ≈ $1.06 Billion	+19.39%
2020-12-31	CN¥6.09 Billion ≈ $890.66 Million	+15.45%
2019-12-31	CN¥5.27 Billion ≈ $771.45 Million	+2.60%
2018-12-31	CN¥5.14 Billion ≈ $751.89 Million	+3.49%
2017-12-31	CN¥4.96 Billion ≈ $726.53 Million	+11.05%
2016-12-31	CN¥4.47 Billion ≈ $654.26 Million	+4.94%
2015-12-31	CN¥4.26 Billion ≈ $623.49 Million	+0.98%
2014-12-31	CN¥4.22 Billion ≈ $617.42 Million	+31.22%
2013-12-31	CN¥3.22 Billion ≈ $470.53 Million	-5.39%
2012-12-31	CN¥3.40 Billion ≈ $497.35 Million	+0.91%
2011-12-31	CN¥3.37 Billion ≈ $492.87 Million	+4.53%
2010-12-31	CN¥3.22 Billion ≈ $471.49 Million	+4.37%
2009-12-31	CN¥3.09 Billion ≈ $451.75 Million	+14.03%
2008-12-31	CN¥2.71 Billion ≈ $396.17 Million	+10.50%
2007-12-31	CN¥2.45 Billion ≈ $358.52 Million	+67.82%
2006-12-31	CN¥1.46 Billion ≈ $213.63 Million	+11.38%
2005-12-31	CN¥1.31 Billion ≈ $191.81 Million	+9.37%
2004-12-31	CN¥1.20 Billion ≈ $175.38 Million	+222.91%
2003-12-31	CN¥371.17 Million ≈ $54.31 Million	+21.86%
2002-12-31	CN¥304.59 Million ≈ $44.57 Million	+41.64%
2001-12-31	CN¥215.04 Million ≈ $31.47 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shandong Bohui 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 7586.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥4.80 Billion	64.75%
Other Components	CN¥2.61 Billion	35.25%
Total Equity	CN¥7.42 Billion	100.00%

Shandong Bohui Paper Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Shandong Bohui Paper Industry Co Ltd ranked by their market capitalization.

Company	Market Cap
Jiangsu Kanion Pharmaceutical Co Ltd SHG:600557	$980.08 Million
Hangzhou Flariant Co Ltd SHG:605566	$980.08 Million
ProFrac Holding Corp. NASDAQ:ACDC	$980.32 Million
Esquire Financial Holdings Inc NASDAQ:ESQ	$980.54 Million
Amerant Bancorp Inc. NYSE:AMTB	$979.96 Million
DBV Technologies S.A. PA:DBV	$979.74 Million
HOB Biotech Group Corp Ltd SHG:688656	$979.53 Million
MetroCity Bankshares NASDAQ:MCBS	$979.31 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 6,800,101,387 to 7,419,173,736, a change of 619,072,349 (9.1%).
Net income of 155,489,087 contributed positively to equity growth.
Dividend payments of 339,037,448 reduced retained earnings.
Other comprehensive income decreased equity by 462,361,336.
Other factors increased equity by 1,264,982,046.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥155.49 Million	+2.1%
Dividends Paid	CN¥339.04 Million	-4.57%
Other Comprehensive Income	CN¥-462.36 Million	-6.23%
Other Changes	CN¥1.26 Billion	+17.05%
Total Change	CN¥-	9.10%

Book Value vs Market Value Analysis

This analysis compares Shandong Bohui 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: 0.90x
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 21.10x to 0.90x 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¥0.24	CN¥5.01	x
2002-12-31	CN¥0.30	CN¥5.01	x
2003-12-31	CN¥0.37	CN¥5.01	x
2004-12-31	CN¥1.73	CN¥5.01	x
2005-12-31	CN¥1.89	CN¥5.01	x
2006-12-31	CN¥1.57	CN¥5.01	x
2007-12-31	CN¥2.46	CN¥5.01	x
2008-12-31	CN¥2.46	CN¥5.01	x
2009-12-31	CN¥2.70	CN¥5.01	x
2010-12-31	CN¥2.94	CN¥5.01	x
2011-12-31	CN¥3.05	CN¥5.01	x
2012-12-31	CN¥2.32	CN¥5.01	x
2013-12-31	CN¥2.87	CN¥5.01	x
2014-12-31	CN¥3.45	CN¥5.01	x
2015-12-31	CN¥2.93	CN¥5.01	x
2016-12-31	CN¥3.08	CN¥5.01	x
2017-12-31	CN¥3.71	CN¥5.01	x
2018-12-31	CN¥3.84	CN¥5.01	x
2019-12-31	CN¥3.94	CN¥5.01	x
2020-12-31	CN¥4.55	CN¥5.01	x
2021-12-31	CN¥5.48	CN¥5.01	x
2022-12-31	CN¥5.05	CN¥5.01	x
2023-12-31	CN¥5.39	CN¥5.01	x
2024-12-31	CN¥5.50	CN¥5.01	x
2025-12-31	CN¥5.55	CN¥5.01	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Bohui 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): 2.10%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.81%
• Asset Turnover: 0.89x
• Equity Multiplier: 2.90x
Recent ROE (2.10%) is below the historical average (8.11%), 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	24.22%	10.85%	0.84x	2.64x	CN¥30.58 Million
2002	23.09%	10.20%	0.65x	3.47x	CN¥35.11 Million
2003	19.64%	6.80%	0.61x	4.71x	CN¥32.18 Million
2004	6.09%	4.72%	0.54x	2.37x	CN¥-45.32 Million
2005	10.03%	5.13%	0.85x	2.30x	CN¥341.65K
2006	10.34%	5.56%	0.77x	2.41x	CN¥4.86 Million
2007	8.75%	6.25%	0.75x	1.88x	CN¥-28.17 Million
2008	10.22%	7.66%	0.75x	1.77x	CN¥5.47 Million
2009	6.97%	6.39%	0.53x	2.04x	CN¥-86.87 Million
2010	5.49%	3.54%	0.69x	2.24x	CN¥-133.93 Million
2011	4.18%	2.41%	0.66x	2.63x	CN¥-178.97 Million
2012	0.23%	0.14%	0.47x	3.43x	CN¥-300.98 Million
2013	-6.31%	-3.20%	0.38x	5.23x	CN¥-472.15 Million
2014	1.16%	0.64%	0.54x	3.30x	CN¥-343.36 Million
2015	0.98%	0.55%	0.58x	3.10x	CN¥-353.39 Million
2016	4.89%	2.58%	0.65x	2.92x	CN¥-210.65 Million
2017	17.24%	9.56%	0.67x	2.69x	CN¥359.49 Million
2018	4.98%	3.07%	0.45x	3.60x	CN¥-257.89 Million
2019	2.54%	1.37%	0.50x	3.67x	CN¥-393.42 Million
2020	13.70%	5.97%	0.72x	3.20x	CN¥225.41 Million
2021	23.47%	10.48%	0.82x	2.74x	CN¥979.03 Million
2022	3.50%	1.24%	0.81x	3.49x	CN¥-423.74 Million
2023	2.73%	0.97%	0.84x	3.33x	CN¥-485.04 Million
2024	2.59%	0.93%	0.84x	3.30x	CN¥-504.19 Million
2025	2.10%	0.81%	0.89x	2.90x	CN¥-586.43 Million

Industry Comparison

This section compares Shandong Bohui 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: $6,073,412,480
Average return on equity (ROE) among peers: 7.93%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shandong Bohui Paper Industry Co Ltd (600966)	CN¥7.48 Billion	24.22%	2.28x	$980.07 Million
Shandong Chenming Paper Holdings Ltd (000488)	$14.99 Billion	4.06%	2.04x	$519.49 Million
MCC Meili Paper Industry Co Ltd (000815)	$2.15 Billion	-0.80%	0.45x	$1.74 Billion
Zhejiang Kan Specialities Material Co Ltd (002012)	$144.42 Million	26.20%	1.21x	$489.95 Million
Zhejiang Jingxing Paper Joint Stock Co Ltd (002067)	$2.96 Billion	4.23%	0.84x	$871.90 Million
Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078)	$30.61 Billion	10.64%	0.91x	$5.12 Billion
Xiamen Anne Corp Ltd (002235)	$359.35 Million	-25.61%	0.71x	$703.07 Million
Qifeng New Material Co Ltd (002521)	$382.94 Million	31.00%	1.37x	$563.03 Million
Shandong Chenming Paper Holdings Ltd Class B (200488)	$7.19 Billion	8.38%	1.50x	$51.40 Million
Cre8 Direct Ningbo Co Ltd (300703)	$795.60 Million	9.42%	0.71x	$374.31 Million
Fujian Qingshan Paper Industry Co Ltd (600103)	$1.15 Billion	11.75%	0.45x	$1.14 Billion

About Shandong Bohui Paper Industry Co Ltd

SHG:600966 China Paper & Paper Products

Market Cap

$980.07 Million

CN¥6.70 Billion CNY

Market Cap Rank

#9157 Global

#2327 in China

Share Price

CN¥5.01

Change (1 day)

-3.28%

52-Week Range

CN¥4.35 - CN¥8.70

All Time High

CN¥18.46