Shanghai Baosteel Packaging

SHG:601968 China Packaging & Containers
Market Cap
$978.93 Million
CN¥7.18 Billion CNY
Market Cap Rank
#10960 Global
#2506 in China
Share Price
CN¥5.63
Change (1 day)
-0.53%
52-Week Range
CN¥4.29 - CN¥6.32
All Time High
CN¥15.90
About

Shanghai Baosteel Packaging Co., Ltd., together with its subsidiaries, engages in the production and operation of metal packaging products in China and internationally. It provides two-piece cans, matching pull-open lids, tinplates, packaged color-printed iron products, and commissioned processed printed iron products to fast-moving consumer goods industry, such as food and beverages. The company… Read more

Shanghai Baosteel Packaging (601968) - Total Assets

Latest total assets as of September 2025: CN¥9.65 Billion CNY

Based on the latest financial reports, Shanghai Baosteel Packaging (601968) holds total assets worth CN¥9.65 Billion CNY as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Shanghai Baosteel Packaging - Total Assets Trend (2009–2024)

This chart illustrates how Shanghai Baosteel Packaging’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Shanghai Baosteel Packaging - Asset Composition Analysis

Current Asset Composition (December 2024)

Shanghai Baosteel Packaging's total assets of CN¥9.65 Billion consist of 44.8% current assets and 55.2% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 12.2%
Accounts Receivable CN¥1.75 Billion 18.0%
Inventory CN¥1.14 Billion 11.7%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥511.24 Million 5.3%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2009–2024)

This chart illustrates how Shanghai Baosteel Packaging's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Shanghai Baosteel Packaging's current assets represent 44.8% of total assets in 2024, a decrease from 46.4% in 2009.
  • Cash Position: Cash and equivalents constituted 12.2% of total assets in 2024, up from 1.1% in 2009.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 2.0% in 2009.
  • Asset Diversification: The largest asset category is accounts receivable at 18.0% of total assets.

Shanghai Baosteel Packaging Competitors by Total Assets

Key competitors of Shanghai Baosteel Packaging based on total assets are shown below.

Company Country Total Assets
SAMRYOONG Co.Ltd
KQ:014970
Korea ₩96.42 Billion
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
China CN¥1.97 Billion
Shin Hwa Silup
KO:001770
Korea ₩84.01 Billion
Huangshan Novel Co Ltd
SHE:002014
China CN¥4.17 Billion
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
China CN¥8.43 Billion
Export Packing
KO:002200
Korea ₩347.30 Billion
Xiamen Hexing Packaging Printing Co Ltd
SHE:002228
China CN¥7.52 Billion
Shenzhen Beauty Star Co Ltd
SHE:002243
China CN¥16.63 Billion

Shanghai Baosteel Packaging - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.64 - 1.03

Strong asset utilization - Shanghai Baosteel Packaging generates 0.86x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.12% - 3.24%

Moderate ROA - For every $100 in assets, Shanghai Baosteel Packaging generates $ 1.78 in net profit.

Shanghai Baosteel Packaging - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.89 0.83 1.25
Quick Ratio 0.67 0.60 0.98
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-541.61 Million CN¥ -764.99 Million CN¥ 640.33 Million

Shanghai Baosteel Packaging - Advanced Valuation Insights

This section examines the relationship between Shanghai Baosteel Packaging's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.58
Latest Market Cap to Assets Ratio 0.04
Asset Growth Rate (YoY) 17.6%
Total Assets CN¥9.71 Billion
Market Capitalization $433.98 Million USD

Valuation Analysis

Below Book Valuation: The market values Shanghai Baosteel Packaging's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Shanghai Baosteel Packaging's assets grew by 17.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Shanghai Baosteel Packaging (2009–2024)

The table below shows the annual total assets of Shanghai Baosteel Packaging from 2009 to 2024.

Year Total Assets Change
2024-12-31 CN¥9.71 Billion +17.61%
2023-12-31 CN¥8.26 Billion -0.51%
2022-12-31 CN¥8.30 Billion +0.81%
2021-12-31 CN¥8.23 Billion +27.48%
2020-12-31 CN¥6.46 Billion -2.69%
2019-12-31 CN¥6.64 Billion +18.65%
2018-12-31 CN¥5.59 Billion -2.11%
2017-12-31 CN¥5.71 Billion -1.98%
2016-12-31 CN¥5.83 Billion +12.66%
2015-12-31 CN¥5.17 Billion +7.08%
2014-12-31 CN¥4.83 Billion +21.02%
2013-12-31 CN¥3.99 Billion +2.14%
2012-12-31 CN¥3.91 Billion +27.81%
2011-12-31 CN¥3.06 Billion +35.73%
2010-12-31 CN¥2.25 Billion +15.34%
2009-12-31 CN¥1.95 Billion --