Shanghai Baosteel Packaging (601968) - Total Assets

Latest as of March 2026: CN¥9.91 Billion CNY ≈ $1.45 Billion USD

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.

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. Also see 601968 market cap for the company's overall valuation and market capitalisation.

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. Review debt load of Shanghai Baosteel Packaging to assess the company's total debt and financial obligations.

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. See Shanghai Baosteel Packaging (601968) stock price for real-time trading data and today's change.

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
Ball Corporation
NYSE:BALL
USA $19.77 Billion
Rongsheng Paper
SHG:603165
China CN¥4.73 Billion
Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A
SHG:603499
China CN¥1.62 Billion
E. Pairis S.A
AT:PAIR
Greece €18.28 Million
Amcor Plc
AU:AMC
Australia AU$37.58 Billion
Orora Ltd
AU:ORA
Australia AU$4.85 Billion
Pact Group Holdings Ltd
AU:PGH
Australia AU$2.05 Billion
Papyrus Australia Ltd
AU:PPY
Australia AU$835.47K

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 1.27
Latest Market Cap to Assets Ratio 0.09
Asset Growth Rate (YoY) -3.3%
Total Assets CN¥9.39 Billion
Market Capitalization $864.36 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

SHG:601968 China Packaging & Containers
Market Cap
$864.36 Million
CN¥5.91 Billion CNY
Market Cap Rank
#9642 Global
#2488 in China
Share Price
CN¥4.63
Change (1 day)
-0.22%
52-Week Range
CN¥3.92 - CN¥6.32
All Time High
CN¥15.90
About

Shanghai Baosteel Packaging Co., Ltd., together with its subsidiaries, engages in the production and manufacturing of metal packaging solutions in China and internationally. It provides two-piece cans, easy-open lids, packaging tinplate products, and new material packaging to fast-moving consumer goods industry, such as food and beverages. The company was founded in 2004 and is based in Shanghai,… Read more