Shanghai Baosteel Packaging (601968) - Total Assets
Based on the latest financial reports, Shanghai Baosteel Packaging (601968) holds total assets worth CN¥9.91 Billion CNY (≈ $1.45 Billion USD) as of March 2026. 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. Explore long-term investment intensity of Shanghai Baosteel Packaging to see how much of total assets are deployed in long-term investments.
Shanghai Baosteel Packaging - Total Assets Trend (2009–2025)
This chart illustrates how Shanghai Baosteel Packaging's total assets have evolved over time, based on quarterly financial data. Check Shanghai Baosteel Packaging asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Shanghai Baosteel Packaging - Asset Composition Analysis
Current Asset Composition (December 2025)
Shanghai Baosteel Packaging's total assets of CN¥9.91 Billion consist of 41.1% current assets and 58.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.7% |
| Accounts Receivable | CN¥1.71 Billion | 18.2% |
| Inventory | CN¥1.12 Billion | 12.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥506.80 Million | 5.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2009–2025)
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. For live market cap, price, and company overview, see market value of Shanghai Baosteel Packaging.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shanghai Baosteel Packaging's current assets represent 41.1% of total assets in 2025, a decrease from 46.4% in 2009.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2025, 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 18.2% 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 |
|---|---|---|
|
Amcor Plc
AU:AMC
|
Australia | AU$37.58 Billion |
|
Shanghai Zijiang Enterprise Group Co Ltd
SHG:600210
|
China | CN¥13.29 Billion |
|
Shantou Wanshun Package Material
SHE:300057
|
China | CN¥11.10 Billion |
|
Huangshan Novel Co Ltd
SHE:002014
|
China | CN¥4.21 Billion |
|
Zhejiang Zhongcheng Packing Material Co Ltd
SHE:002522
|
China | CN¥3.54 Billion |
|
Irani Papel e Embalagem S.A
SA:RANI3
|
Brazil | R$4.14 Billion |
|
Orora Ltd
AU:ORA
|
Australia | AU$4.85 Billion |
|
Pact Group Holdings Ltd
AU:PGH
|
Australia | AU$2.05 Billion |
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 | 0.88 | 0.93 | 1.11 |
| Quick Ratio | 0.65 | 0.69 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-608.55 Million | CN¥-285.98 Million | CN¥337.55 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 | 1.45 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | -3.3% |
| Total Assets | CN¥9.39 Billion |
| Market Capitalization | $869.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai Baosteel Packaging's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Shanghai Baosteel Packaging's assets decreased by 3.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Shanghai Baosteel Packaging (2009–2025)
The table below shows the annual total assets of Shanghai Baosteel Packaging from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥9.39 Billion ≈ $1.37 Billion |
-3.34% |
| 2024-12-31 | CN¥9.71 Billion ≈ $1.42 Billion |
+17.61% |
| 2023-12-31 | CN¥8.26 Billion ≈ $1.21 Billion |
-0.51% |
| 2022-12-31 | CN¥8.30 Billion ≈ $1.21 Billion |
+0.81% |
| 2021-12-31 | CN¥8.23 Billion ≈ $1.20 Billion |
+27.48% |
| 2020-12-31 | CN¥6.46 Billion ≈ $944.97 Million |
-2.69% |
| 2019-12-31 | CN¥6.64 Billion ≈ $971.06 Million |
+18.65% |
| 2018-12-31 | CN¥5.59 Billion ≈ $818.41 Million |
-2.11% |
| 2017-12-31 | CN¥5.71 Billion ≈ $836.03 Million |
-1.98% |
| 2016-12-31 | CN¥5.83 Billion ≈ $852.89 Million |
+12.66% |
| 2015-12-31 | CN¥5.17 Billion ≈ $757.03 Million |
+7.08% |
| 2014-12-31 | CN¥4.83 Billion ≈ $706.96 Million |
+21.02% |
| 2013-12-31 | CN¥3.99 Billion ≈ $584.18 Million |
+2.14% |
| 2012-12-31 | CN¥3.91 Billion ≈ $571.94 Million |
+27.81% |
| 2011-12-31 | CN¥3.06 Billion ≈ $447.48 Million |
+35.73% |
| 2010-12-31 | CN¥2.25 Billion ≈ $329.69 Million |
+15.34% |
| 2009-12-31 | CN¥1.95 Billion ≈ $285.83 Million |
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About Shanghai Baosteel Packaging
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