Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A

SHG:603499 China Packaging & Containers
Market Cap
$998.03 Million
CN¥7.32 Billion CNY
Market Cap Rank
#10453 Global
#2320 in China
Share Price
CN¥24.20
Change (1 day)
+1.34%
52-Week Range
CN¥14.55 - CN¥26.69
All Time High
CN¥126.62
About

Shanghai Sunglow Packaging Technology Co.,Ltd provides integrated packaging solutions in China. The company offers folding carton, gift box, label, and cigarette pack packaging products. It serves chemical, food, health, beauty, and other industries. The company was founded in 2006 and is based in Shanghai, China.

Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A (603499) - Net Assets

Latest net assets as of September 2025: CN¥939.42 Million CNY

Based on the latest financial reports, Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A (603499) has net assets worth CN¥939.42 Million CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.53 Billion) and total liabilities (CN¥589.36 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¥939.42 Million
% of Total Assets 61.45%
Annual Growth Rate 15.51%
5-Year Change 40.92%
10-Year Change 311.28%
Growth Volatility 26.94

Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A - Net Assets Trend (2013–2024)

This chart illustrates how Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A (2013–2024)

The table below shows the annual net assets of Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥875.72 Million +36.80%
2023-12-31 CN¥640.15 Million +1.87%
2022-12-31 CN¥628.39 Million +3.01%
2021-12-31 CN¥610.03 Million -1.83%
2020-12-31 CN¥621.43 Million +15.38%
2019-12-31 CN¥538.57 Million +0.17%
2018-12-31 CN¥537.67 Million +6.17%
2017-12-31 CN¥506.43 Million +96.14%
2016-12-31 CN¥258.19 Million +21.26%
2015-12-31 CN¥212.92 Million +6.87%
2014-12-31 CN¥199.23 Million +11.15%
2013-12-31 CN¥179.24 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A'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 27.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥167.84 Million 20.41%
Common Stock CN¥216.14 Million 26.29%
Other Comprehensive Income CN¥24.25 Million 2.95%
Other Components CN¥413.92 Million 50.35%
Total Equity CN¥822.14 Million 100.00%

Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 600,314,276 to 822,140,037, a change of 221,825,761 (37.0%).
  • Net income of 65,730,818 contributed positively to equity growth.
  • Dividend payments of 16,520,636 reduced retained earnings.
  • Other comprehensive income decreased equity by 24,837,989.
  • Other factors increased equity by 197,453,568.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥65.73 Million +8.0%
Dividends Paid CN¥16.52 Million -2.01%
Other Comprehensive Income CN¥-24.84 Million -3.02%
Other Changes CN¥197.45 Million +24.02%
Total Change CN¥- 36.95%

Book Value vs Market Value Analysis

This analysis compares Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A'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: 6.24x
  • 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 19.85x to 6.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 CN¥1.22 CN¥24.20 x
2014-12-31 CN¥1.36 CN¥24.20 x
2015-12-31 CN¥1.45 CN¥24.20 x
2016-12-31 CN¥1.76 CN¥24.20 x
2017-12-31 CN¥3.26 CN¥24.20 x
2018-12-31 CN¥2.72 CN¥24.20 x
2019-12-31 CN¥2.54 CN¥24.20 x
2020-12-31 CN¥3.02 CN¥24.20 x
2021-12-31 CN¥2.87 CN¥24.20 x
2022-12-31 CN¥3.08 CN¥24.20 x
2023-12-31 CN¥3.12 CN¥24.20 x
2024-12-31 CN¥3.88 CN¥24.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A 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): 8.00%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.42%
  • • Asset Turnover: 0.57x
  • • Equity Multiplier: 1.89x
  • Recent ROE (8.00%) is below the historical average (10.70%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 33.16% 26.38% 0.90x 1.40x CN¥41.51 Million
2014 25.82% 21.34% 0.88x 1.37x CN¥31.52 Million
2015 20.05% 15.55% 0.77x 1.67x CN¥21.40 Million
2016 17.53% 15.89% 0.63x 1.74x CN¥19.45 Million
2017 9.05% 13.51% 0.50x 1.33x CN¥-4.81 Million
2018 8.94% 13.45% 0.51x 1.29x CN¥-5.70 Million
2019 2.76% 4.55% 0.47x 1.28x CN¥-38.93 Million
2020 2.09% 2.60% 0.52x 1.55x CN¥-47.49 Million
2021 -2.53% -2.29% 0.57x 1.94x CN¥-73.48 Million
2022 2.28% 2.06% 0.56x 1.98x CN¥-46.39 Million
2023 1.28% 1.11% 0.59x 1.96x CN¥-52.35 Million
2024 8.00% 7.42% 0.57x 1.89x CN¥-16.48 Million

Industry Comparison

This section compares Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A's net assets metrics with peer companies in the Packaging & Containers industry.

Industry Context

  • Industry: Packaging & Containers
  • Average net assets among peers: $1,649,691,170
  • Average return on equity (ROE) among peers: 4.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A (603499) CN¥939.42 Million 33.16% 0.63x $483.53 Million
Zhuhai Zhongfu Enterprise Co Ltd (000659) $243.75 Million -28.82% 6.53x $570.17 Million
Huangshan Novel Co Ltd (002014) $1.41 Billion 12.64% 0.29x $324.87 Million
Shenzhen Jinjia Color Printing Group Co Ltd (002191) $2.61 Billion 11.62% 0.43x $501.74 Million
Xiamen Hexing Packaging Printing Co Ltd (002228) $3.52 Billion 2.93% 1.34x $305.31 Million
Shenzhen Beauty Star Co Ltd (002243) $1.62 Billion 21.22% 0.22x $727.03 Million
Zhejiang Great Southeast Co Ltd (002263) $507.84 Million 4.90% 3.19x $652.72 Million
Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) $277.22 Million 36.79% 0.68x $465.12 Million
Shandong Lipeng Co Ltd (002374) $2.16 Billion -31.07% 1.25x $410.53 Million
Zhejiang Zhongcheng Packing Material Co Ltd (002522) $2.07 Billion 6.80% 0.73x $525.36 Million
Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) $2.06 Billion 11.10% 0.50x $1.10 Billion