ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd
ChongQing Zhengchuan Pharmaceutical Packaging Co.,Ltd engages in the research and development, manufacturing, and selling of pharmaceutical glass packaging materials in China and internationally. It offers neutral borosilicate glass ampoule and tube injection bottles, low borosilicate tubular vial and ampoule bottles, oral liquid vials, and screw neck vials. The company also provides aluminum cap… Read more
ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd (603976) - Net Assets
Latest net assets as of September 2025: CN¥1.20 Billion CNY
Based on the latest financial reports, ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd (603976) has net assets worth CN¥1.20 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¥1.89 Billion) and total liabilities (CN¥688.88 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¥1.20 Billion |
| % of Total Assets | 63.58% |
| Annual Growth Rate | 10.67% |
| 5-Year Change | 17.59% |
| 10-Year Change | 165.53% |
| Growth Volatility | 23.35 |
ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how ChongQing Zhengchuan Pharmaceutical Packaging 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 ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd (2013–2024)
The table below shows the annual net assets of ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.22 Billion | +0.65% |
| 2023-12-31 | CN¥1.22 Billion | +2.64% |
| 2022-12-31 | CN¥1.18 Billion | +1.56% |
| 2021-12-31 | CN¥1.17 Billion | +12.07% |
| 2020-12-31 | CN¥1.04 Billion | +0.43% |
| 2019-12-31 | CN¥1.04 Billion | +4.96% |
| 2018-12-31 | CN¥987.02 Million | +3.47% |
| 2017-12-31 | CN¥953.93 Million | +85.21% |
| 2016-12-31 | CN¥515.05 Million | +11.79% |
| 2015-12-31 | CN¥460.74 Million | +4.70% |
| 2014-12-31 | CN¥440.04 Million | +9.70% |
| 2013-12-31 | CN¥401.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ChongQing Zhengchuan Pharmaceutical Packaging 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 849.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥436.53 Million | 35.68% |
| Common Stock | CN¥151.20 Million | 12.36% |
| Other Comprehensive Income | CN¥80.04 Million | 6.54% |
| Other Components | CN¥555.63 Million | 45.42% |
| Total Equity | CN¥1.22 Billion | 100.00% |
ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd Competitors by Market Cap
The table below lists competitors of ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sukgyung AT Co. Ltd.
KQ:357550
|
$117.58 Million |
|
Douglas Elliman Inc
NYSE:DOUG
|
$117.59 Million |
|
Izmir Demir Celik Sanayi AS
IS:IZMDC
|
$117.61 Million |
|
CHT Security Co., Ltd.
TW:7765
|
$117.63 Million |
|
Willow Lane Acquisition Corp. Class A Ordinary Shares
NASDAQ:WLAC
|
$117.50 Million |
|
Castles Technology Co Ltd
TW:5258
|
$117.50 Million |
|
Ernst Russ AG
XETRA:HXCK
|
$117.49 Million |
|
Shenzhen Tellus Holding Co Ltd
SHE:200025
|
$117.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,215,516,925 to 1,223,406,926, a change of 7,890,001 (0.6%).
- Net income of 53,248,789 contributed positively to equity growth.
- Dividend payments of 50,679,203 reduced retained earnings.
- Other comprehensive income increased equity by 1,248,990.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥53.25 Million | +4.35% |
| Dividends Paid | CN¥50.68 Million | -4.14% |
| Other Comprehensive Income | CN¥1.25 Million | +0.1% |
| Other Changes | CN¥4.07 Million | +0.33% |
| Total Change | CN¥- | 0.65% |
Book Value vs Market Value Analysis
This analysis compares ChongQing Zhengchuan Pharmaceutical Packaging 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: 2.49x
- 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 5.66x to 2.49x 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¥3.56 | CN¥20.14 | x |
| 2014-12-31 | CN¥3.88 | CN¥20.14 | x |
| 2015-12-31 | CN¥4.07 | CN¥20.14 | x |
| 2016-12-31 | CN¥4.54 | CN¥20.14 | x |
| 2017-12-31 | CN¥7.55 | CN¥20.14 | x |
| 2018-12-31 | CN¥6.56 | CN¥20.14 | x |
| 2019-12-31 | CN¥6.85 | CN¥20.14 | x |
| 2020-12-31 | CN¥6.88 | CN¥20.14 | x |
| 2021-12-31 | CN¥7.71 | CN¥20.14 | x |
| 2022-12-31 | CN¥7.83 | CN¥20.14 | x |
| 2023-12-31 | CN¥8.15 | CN¥20.14 | x |
| 2024-12-31 | CN¥8.09 | CN¥20.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ChongQing Zhengchuan Pharmaceutical Packaging 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): 4.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.65%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.60x
- Recent ROE (4.35%) is below the historical average (8.87%), 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 | 13.65% | 13.49% | 0.91x | 1.11x | CN¥14.63 Million |
| 2014 | 15.66% | 15.80% | 0.88x | 1.12x | CN¥24.91 Million |
| 2015 | 13.17% | 12.65% | 0.89x | 1.16x | CN¥14.62 Million |
| 2016 | 13.69% | 15.00% | 0.76x | 1.21x | CN¥19.01 Million |
| 2017 | 8.61% | 16.16% | 0.48x | 1.11x | CN¥-13.21 Million |
| 2018 | 8.39% | 13.89% | 0.53x | 1.14x | CN¥-15.94 Million |
| 2019 | 5.89% | 11.72% | 0.42x | 1.20x | CN¥-42.54 Million |
| 2020 | 5.10% | 10.57% | 0.38x | 1.27x | CN¥-50.99 Million |
| 2021 | 9.14% | 13.38% | 0.41x | 1.68x | CN¥-9.99 Million |
| 2022 | 5.47% | 8.13% | 0.40x | 1.70x | CN¥-53.65 Million |
| 2023 | 3.31% | 4.47% | 0.44x | 1.68x | CN¥-81.28 Million |
| 2024 | 4.35% | 6.65% | 0.41x | 1.60x | CN¥-69.09 Million |
Industry Comparison
This section compares ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd'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 |
|---|---|---|---|---|
| ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd (603976) | CN¥1.20 Billion | 13.65% | 0.57x | $117.51 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 |