Xianhe Co Ltd (603733) - Net Assets

Latest as of September 2025: CN¥8.57 Billion CNY ≈ $1.25 Billion USD

Based on the latest financial reports, Xianhe Co Ltd (603733) has net assets worth CN¥8.57 Billion CNY (≈ $1.25 Billion USD) 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 ≈ $3.74 Billion USD) and total liabilities (CN¥16.98 Billion ≈ $2.48 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 603733 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Xianhe Co Ltd (603733) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 603733 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥8.14 Billion ≈ $1.19 Billion	+10.54%
2023-12-31	CN¥7.36 Billion ≈ $1.08 Billion	+6.51%
2022-12-31	CN¥6.91 Billion ≈ $1.01 Billion	+7.21%
2021-12-31	CN¥6.45 Billion ≈ $943.39 Million	+19.85%
2020-12-31	CN¥5.38 Billion ≈ $787.11 Million	+39.90%
2019-12-31	CN¥3.84 Billion ≈ $562.61 Million	+18.76%
2018-12-31	CN¥3.24 Billion ≈ $473.72 Million	+38.05%
2017-12-31	CN¥2.35 Billion ≈ $343.16 Million	+20.46%
2016-12-31	CN¥1.95 Billion ≈ $284.87 Million	+40.28%
2015-12-31	CN¥1.39 Billion ≈ $203.07 Million	+5.41%
2014-12-31	CN¥1.32 Billion ≈ $192.64 Million	+56.56%
2013-12-31	CN¥840.86 Million ≈ $123.04 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
Azelis Group NV BR:AZE	$2.29 Billion
Hanesbrands Inc NYSE:HBI	$2.29 Billion
Ziraat Gayrimenkul Yatirim Ortakligi AS IS:ZRGYO	$2.29 Billion
Ternium Argentina SA BA:TXAR	$2.29 Billion
OKE Precision Cutting Tools Co. Ltd. A SHG:688308	$2.29 Billion
Shandong Iron and Steel Co Ltd SHG:600022	$2.29 Billion
Verra Mobility Corp NASDAQ:VRRM	$2.28 Billion
Bingo Software Co Ltd SHG:688227	$2.28 Billion

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: 2.43x
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 12.41x to 2.43x 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¥22.10	x
2014-12-31	CN¥2.89	CN¥22.10	x
2015-12-31	CN¥3.11	CN¥22.10	x
2016-12-31	CN¥4.13	CN¥22.10	x
2017-12-31	CN¥4.29	CN¥22.10	x
2018-12-31	CN¥5.42	CN¥22.10	x
2019-12-31	CN¥6.26	CN¥22.10	x
2020-12-31	CN¥7.91	CN¥22.10	x
2021-12-31	CN¥9.09	CN¥22.10	x
2022-12-31	CN¥9.49	CN¥22.10	x
2023-12-31	CN¥7.95	CN¥22.10	x
2024-12-31	CN¥9.11	CN¥22.10	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: $2,936,468,910
Average return on equity (ROE) among peers: 6.74%

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	$2.29 Billion
Shandong Chenming Paper Holdings Ltd (000488)	$14.02 Billion	7.67%	0.88x	$621.89 Million
MCC Meili Paper Industry Co Ltd (000815)	$2.07 Billion	2.14%	0.50x	$2.13 Billion
Zhejiang Kan Specialities Material Co Ltd (002012)	$427.58 Million	14.28%	1.51x	$460.52 Million
Zhejiang Jingxing Paper Joint Stock Co Ltd (002067)	$1.94 Billion	4.26%	0.89x	$1.06 Billion
Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078)	$3.14 Billion	7.29%	1.63x	$6.05 Billion
Xiamen Anne Corp Ltd (002235)	$487.19 Million	0.86%	0.68x	$1.01 Billion
Qifeng New Material Co Ltd (002521)	$2.03 Billion	3.85%	0.26x	$683.50 Million
Shandong Chenming Paper Holdings Ltd Class B (200488)	$173.01 Million	15.23%	0.35x	$73.04 Million
Cre8 Direct Ningbo Co Ltd (300703)	$855.95 Million	8.97%	0.74x	$473.56 Million
Fujian Qingshan Paper Industry Co Ltd (600103)	$4.22 Billion	2.89%	0.46x	$1.53 Billion

About Xianhe Co Ltd

SHG:603733 China Paper & Paper Products

Market Cap

$2.29 Billion

CN¥15.64 Billion CNY

Market Cap Rank

#5833 Global

#1238 in China

Share Price

CN¥22.10

Change (1 day)

+0.32%

52-Week Range

CN¥19.77 - CN¥26.34

All Time High

CN¥41.83