Forest Packaging Group Co Ltd
Forest Packaging Group Co.,Ltd., together with its subsidiaries, engages in the manufacturing and selling of packaging papers products in China and internationally. It offers corrugated and gift box, as well as paper bag. The company was founded in 1997 and is based in Wenling, China.
Forest Packaging Group Co Ltd (605500) - Net Assets
Latest net assets as of September 2025: CN¥2.72 Billion CNY
Based on the latest financial reports, Forest Packaging Group Co Ltd (605500) has net assets worth CN¥2.72 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¥4.34 Billion) and total liabilities (CN¥1.62 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¥2.72 Billion |
| % of Total Assets | 62.7% |
| Annual Growth Rate | 25.78% |
| 5-Year Change | 35.0% |
| 10-Year Change | N/A |
| Growth Volatility | 31.97 |
Forest Packaging Group Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Forest Packaging Group 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 Forest Packaging Group Co Ltd (2016–2024)
The table below shows the annual net assets of Forest Packaging Group Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.80 Billion | +4.93% |
| 2023-12-31 | CN¥2.67 Billion | +6.92% |
| 2022-12-31 | CN¥2.50 Billion | +5.58% |
| 2021-12-31 | CN¥2.37 Billion | +13.97% |
| 2020-12-31 | CN¥2.08 Billion | +107.16% |
| 2019-12-31 | CN¥1.00 Billion | +23.45% |
| 2018-12-31 | CN¥811.82 Million | +27.12% |
| 2017-12-31 | CN¥638.61 Million | +42.79% |
| 2016-12-31 | CN¥447.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forest Packaging Group 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 530.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.23 Billion | 47.36% |
| Common Stock | CN¥414.40 Million | 16.02% |
| Other Comprehensive Income | CN¥67.41 Million | 2.61% |
| Other Components | CN¥879.82 Million | 34.01% |
| Total Equity | CN¥2.59 Billion | 100.00% |
Forest Packaging Group Co Ltd Competitors by Market Cap
The table below lists competitors of Forest Packaging Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qinghai Spring Medicinal Resources Technology Co Ltd
SHG:600381
|
$116.31 Million |
|
GZ4
F:GZ4
|
$116.32 Million |
|
Unicycive Therapeutics Inc
NASDAQ:UNCY
|
$116.32 Million |
|
CTT Systems AB
ST:CTT
|
$116.33 Million |
|
MK Electron Co. Ltd
KQ:033160
|
$116.29 Million |
|
Qijing Machinery
SHG:603677
|
$116.25 Million |
|
Enli Technology Co.,Ltd
TWO:7728
|
$116.23 Million |
|
Healios K.K
PINK:HLOSF
|
$116.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forest Packaging Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,454,620,948 to 2,586,802,325, a change of 132,181,377 (5.4%).
- Net income of 193,400,648 contributed positively to equity growth.
- Dividend payments of 73,642,087 reduced retained earnings.
- Other comprehensive income increased equity by 9,948,236.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥193.40 Million | +7.48% |
| Dividends Paid | CN¥73.64 Million | -2.85% |
| Other Comprehensive Income | CN¥9.95 Million | +0.38% |
| Other Changes | CN¥2.47 Million | +0.1% |
| Total Change | CN¥- | 5.39% |
Book Value vs Market Value Analysis
This analysis compares Forest Packaging Group 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: 1.43x
- 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 4.45x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥2.02 | CN¥8.99 | x |
| 2017-12-31 | CN¥2.06 | CN¥8.99 | x |
| 2018-12-31 | CN¥2.61 | CN¥8.99 | x |
| 2019-12-31 | CN¥2.42 | CN¥8.99 | x |
| 2020-12-31 | CN¥7.05 | CN¥8.99 | x |
| 2021-12-31 | CN¥7.51 | CN¥8.99 | x |
| 2022-12-31 | CN¥5.71 | CN¥8.99 | x |
| 2023-12-31 | CN¥5.93 | CN¥8.99 | x |
| 2024-12-31 | CN¥6.29 | CN¥8.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forest Packaging Group 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): 7.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.19%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.55x
- Recent ROE (7.48%) is below the historical average (15.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 13.03% | 4.98% | 0.88x | 2.97x | CN¥13.53 Million |
| 2017 | 29.51% | 8.75% | 1.41x | 2.39x | CN¥124.62 Million |
| 2018 | 33.16% | 10.87% | 1.58x | 1.93x | CN¥188.03 Million |
| 2019 | 16.95% | 8.30% | 1.36x | 1.50x | CN¥69.68 Million |
| 2020 | 10.61% | 10.07% | 0.88x | 1.19x | CN¥12.74 Million |
| 2021 | 12.34% | 9.55% | 1.09x | 1.19x | CN¥53.46 Million |
| 2022 | 6.00% | 5.21% | 0.98x | 1.18x | CN¥-93.57 Million |
| 2023 | 6.41% | 6.76% | 0.72x | 1.32x | CN¥-88.10 Million |
| 2024 | 7.48% | 8.19% | 0.59x | 1.55x | CN¥-65.28 Million |
Industry Comparison
This section compares Forest Packaging Group 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 |
|---|---|---|---|---|
| Forest Packaging Group Co Ltd (605500) | CN¥2.72 Billion | 13.03% | 0.59x | $116.30 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 |