Xianhe Co Ltd

SHG:603733 China Paper & Paper Products
Market Cap
$2.32 Billion
CN¥17.01 Billion CNY
Market Cap Rank
#10429 Global
#2309 in China
Share Price
CN¥24.04
Change (1 day)
-1.56%
52-Week Range
CN¥19.77 - CN¥26.34
All Time High
CN¥41.83
Categories
Companies in China Paper & Paper Products
About

Xianhe Co.,Ltd. develops and produces specialty pulps and paper products in China and internationally. It offers papers for tobacco industry, home decoration, business communication and anti- counterfeiting, food and medical packing, heat transfer base, label release, low quantitative publishing and printing, and electrical and industrial. The company was founded in 1997 and is based in Quzhou, C… Read more

Xianhe Co Ltd (603733) - Net Assets

Latest net assets as of September 2025: CN¥8.57 Billion CNY

Based on the latest financial reports, Xianhe Co Ltd (603733) has net assets worth CN¥8.57 Billion 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¥25.55 Billion) and total liabilities (CN¥16.98 Billion). 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¥8.57 Billion
% of Total Assets 33.54%
Annual Growth Rate 22.92%
5-Year Change 51.29%
10-Year Change 486.42%
Growth Volatility 16.37

Xianhe Co Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Xianhe Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Xianhe Co Ltd (2013–2024)

The table below shows the annual net assets of Xianhe Co Ltd from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥8.14 Billion +10.54%
2023-12-31 CN¥7.36 Billion +6.51%
2022-12-31 CN¥6.91 Billion +7.21%
2021-12-31 CN¥6.45 Billion +19.85%
2020-12-31 CN¥5.38 Billion +39.90%
2019-12-31 CN¥3.84 Billion +18.76%
2018-12-31 CN¥3.24 Billion +38.05%
2017-12-31 CN¥2.35 Billion +20.46%
2016-12-31 CN¥1.95 Billion +40.28%
2015-12-31 CN¥1.39 Billion +5.41%
2014-12-31 CN¥1.32 Billion +56.56%
2013-12-31 CN¥840.86 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xianhe 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 551.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.70 Billion 45.76%
Common Stock CN¥705.98 Million 8.72%
Other Comprehensive Income CN¥618.68 Million 7.65%
Other Components CN¥3.06 Billion 37.87%
Total Equity CN¥8.09 Billion 100.00%

Xianhe Co Ltd Competitors by Market Cap

The table below lists competitors of Xianhe Co Ltd ranked by their market capitalization.

Company Market Cap
Chengdu B-ray Media Co Ltd
SHG:600880
 		$485.37 Million
Vesuvius India Limited
NSE:VESUVIUS
 		$485.40 Million
Dampskibsselskabet Norden A/S
OTCGREY:DPBSF
 		$485.42 Million
Shenglan Technology Co Ltd
SHE:300843
 		$485.45 Million
PBIIF
PINK:PBIIF
 		$485.28 Million
ALPHAMAB ONCOLO.DL-000002
F:3NK
 		$485.28 Million
Consensus Cloud Solutions Inc
NASDAQ:CCSI
 		$485.21 Million
Shenzhen Liantronics
SHE:300269
 		$485.16 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,326,207,520 to 8,092,467,129, a change of 766,259,609 (10.5%).
  • Net income of 1,003,830,559 contributed positively to equity growth.
  • Dividend payments of 507,876,169 reduced retained earnings.
  • Other comprehensive income increased equity by 618,680,016.
  • Other factors decreased equity by 348,374,797.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.00 Billion +12.4%
Dividends Paid CN¥507.88 Million -6.28%
Other Comprehensive Income CN¥618.68 Million +7.65%
Other Changes CN¥-348.37 Million -4.3%
Total Change CN¥- 10.46%

Book Value vs Market Value Analysis

This analysis compares Xianhe 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: 2.64x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 13.49x to 2.64x 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¥1.78 CN¥24.04 x
2014-12-31 CN¥2.89 CN¥24.04 x
2015-12-31 CN¥3.11 CN¥24.04 x
2016-12-31 CN¥4.13 CN¥24.04 x
2017-12-31 CN¥4.29 CN¥24.04 x
2018-12-31 CN¥5.42 CN¥24.04 x
2019-12-31 CN¥6.26 CN¥24.04 x
2020-12-31 CN¥7.91 CN¥24.04 x
2021-12-31 CN¥9.09 CN¥24.04 x
2022-12-31 CN¥9.49 CN¥24.04 x
2023-12-31 CN¥7.95 CN¥24.04 x
2024-12-31 CN¥9.11 CN¥24.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xianhe 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): 12.40%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.77%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 2.88x
  • Recent ROE (12.40%) is below the historical average (12.76%), 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 19.37% 9.52% 0.65x 3.14x CN¥74.26 Million
2014 14.30% 10.53% 0.60x 2.27x CN¥55.28 Million
2015 9.96% 7.23% 0.57x 2.40x CN¥-548.80K
2016 10.90% 9.67% 0.60x 1.88x CN¥17.57 Million
2017 17.00% 13.09% 0.63x 2.07x CN¥164.21 Million
2018 9.04% 7.14% 0.74x 1.71x CN¥-31.05 Million
2019 11.48% 9.63% 0.62x 1.93x CN¥56.88 Million
2020 13.40% 14.81% 0.61x 1.49x CN¥181.80 Million
2021 15.84% 16.90% 0.54x 1.72x CN¥374.74 Million
2022 10.32% 9.18% 0.58x 1.93x CN¥22.33 Million
2023 9.06% 7.76% 0.45x 2.58x CN¥-68.83 Million
2024 12.40% 9.77% 0.44x 2.88x CN¥194.58 Million

Industry Comparison

This section compares Xianhe 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: $1,132,655,863
  • Average return on equity (ROE) among peers: 14.18%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xianhe Co Ltd (603733) CN¥8.57 Billion 19.37% 1.98x $485.33 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