ZX PACKING ORD A (SHH) EQSW Exp:

SHG:603091 China Paper & Paper Products
Market Cap
$1.16 Billion
CN¥8.52 Billion CNY
Market Cap Rank
#11176 Global
#2589 in China
Share Price
CN¥83.35
Change (1 day)
-0.38%
52-Week Range
CN¥71.55 - CN¥85.80
All Time High
CN¥85.80
About

Zhejiang Zhongxin Environmental Protection Technology Group Co., Ltd. engages in the research, development, manufacture, and sale of paper and paperboard container in China and internationally. Its products include industrial packaging products, recycled paper cushioning packaging products, and supermarket fresh food trays, as well as plant fiber molding products. The company was founded in 2016 … Read more

ZX PACKING ORD A (SHH) EQSW Exp: (603091) - Net Assets

Latest net assets as of June 2025: CN¥2.03 Billion CNY

Based on the latest financial reports, ZX PACKING ORD A (SHH) EQSW Exp: (603091) has net assets worth CN¥2.03 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.76 Billion) and total liabilities (CN¥727.12 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¥2.03 Billion
% of Total Assets 73.67%
Annual Growth Rate 48.58%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 23.86

ZX PACKING ORD A (SHH) EQSW Exp: - Net Assets Trend (2021–2024)

This chart illustrates how ZX PACKING ORD A (SHH) EQSW Exp:'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for ZX PACKING ORD A (SHH) EQSW Exp: (2021–2024)

The table below shows the annual net assets of ZX PACKING ORD A (SHH) EQSW Exp: from 2021 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.00 Billion +83.70%
2023-12-31 CN¥1.09 Billion +29.07%
2022-12-31 CN¥843.89 Million +38.38%
2021-12-31 CN¥609.85 Million --

Equity Component Analysis

This analysis shows how different components contribute to ZX PACKING ORD A (SHH) EQSW Exp:'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 31426.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥717.47 Million 35.86%
Other Components CN¥1.28 Billion 64.14%
Total Equity CN¥2.00 Billion 100.00%

ZX PACKING ORD A (SHH) EQSW Exp: Competitors by Market Cap

The table below lists competitors of ZX PACKING ORD A (SHH) EQSW Exp: ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in ZX PACKING ORD A (SHH) EQSW Exp:'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,089,205,065 to 2,000,817,908, a change of 911,612,843 (83.7%).
  • Net income of 323,857,301 contributed positively to equity growth.
  • Dividend payments of 7,648,102 reduced retained earnings.
  • Other factors increased equity by 595,403,644.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥323.86 Million +16.19%
Dividends Paid CN¥7.65 Million -0.38%
Other Changes CN¥595.40 Million +29.76%
Total Change CN¥- 83.70%

Book Value vs Market Value Analysis

This analysis compares ZX PACKING ORD A (SHH) EQSW Exp:'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: 4.26x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 10.41x to 4.26x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2021-12-31 CN¥8.01 CN¥83.35 x
2022-12-31 CN¥11.01 CN¥83.35 x
2023-12-31 CN¥14.20 CN¥83.35 x
2024-12-31 CN¥19.57 CN¥83.35 x

Capital Efficiency Dashboard

This dashboard shows how efficiently ZX PACKING ORD A (SHH) EQSW Exp: 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): 16.19%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 20.95%
  • • Asset Turnover: 0.60x
  • • Equity Multiplier: 1.30x
  • Recent ROE (16.19%) is below the historical average (19.09%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 16.34% 10.94% 1.00x 1.49x CN¥38.65 Million
2022 22.58% 14.48% 1.06x 1.47x CN¥106.13 Million
2023 21.25% 17.45% 0.88x 1.38x CN¥122.52 Million
2024 16.19% 20.95% 0.60x 1.30x CN¥123.78 Million

Industry Comparison

This section compares ZX PACKING ORD A (SHH) EQSW Exp:'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
ZX PACKING ORD A (SHH) EQSW Exp: (603091) CN¥2.03 Billion 16.34% 0.36x $416.23 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