Zhejiang Great Shengda Packaging Co Ltd

SHG:603687 China Paper & Paper Products
Market Cap
$742.90 Million
CN¥5.45 Billion CNY
Market Cap Rank
#11810 Global
#2843 in China
Share Price
CN¥9.91
Change (1 day)
-1.39%
52-Week Range
CN¥6.13 - CN¥11.81
All Time High
CN¥22.99
About

Zhejiang Great Shengda Packaging Co.,Ltd. develops, produces, and sells paper packaging products. It offers watermark cartons, preprint products, creative products, paper trays and paper corners, fine packaging, and boutique packaging products. The company also provides corrugated boxes, cardboards, high-end wine packages, fine cigarette packages, degradable pulp and environmentally friendly tabl… Read more

Zhejiang Great Shengda Packaging Co Ltd (603687) - Total Assets

Latest total assets as of September 2025: CN¥4.34 Billion CNY

Based on the latest financial reports, Zhejiang Great Shengda Packaging Co Ltd (603687) holds total assets worth CN¥4.34 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.

Zhejiang Great Shengda Packaging Co Ltd - Total Assets Trend (2014–2024)

This chart illustrates how Zhejiang Great Shengda Packaging Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Zhejiang Great Shengda Packaging Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Zhejiang Great Shengda Packaging Co Ltd's total assets of CN¥4.34 Billion consist of 51.2% current assets and 48.8% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 24.5%
Accounts Receivable CN¥666.58 Million 14.9%
Inventory CN¥388.60 Million 8.7%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥278.03 Million 6.2%
Goodwill CN¥397.53 Million 8.9%

Asset Composition Trend (2014–2024)

This chart illustrates how Zhejiang Great Shengda Packaging Co Ltd'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: Zhejiang Great Shengda Packaging Co Ltd's current assets represent 51.2% of total assets in 2024, a decrease from 58.8% in 2014.
  • Cash Position: Cash and equivalents constituted 24.5% of total assets in 2024, up from 14.0% in 2014.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, an increase from 1.0% in 2014.
  • Asset Diversification: The largest asset category is accounts receivable at 14.9% of total assets.

Zhejiang Great Shengda Packaging Co Ltd Competitors by Total Assets

Key competitors of Zhejiang Great Shengda Packaging Co Ltd based on total assets are shown below.

Zhejiang Great Shengda Packaging Co Ltd - 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: 0.46 - 0.91

Moderate asset utilization - Zhejiang Great Shengda Packaging Co Ltd generates 0.48x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 2.02% - 10.83%

Moderate ROA - For every $100 in assets, Zhejiang Great Shengda Packaging Co Ltd generates $ 2.38 in net profit.

Zhejiang Great Shengda Packaging Co Ltd - 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 3.09 3.23 3.82
Quick Ratio 2.55 2.70 3.41
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.48 Billion CN¥ 1.63 Billion CN¥ 1.31 Billion

Zhejiang Great Shengda Packaging Co Ltd - Advanced Valuation Insights

This section examines the relationship between Zhejiang Great Shengda Packaging Co Ltd'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 1.96
Latest Market Cap to Assets Ratio 0.08
Asset Growth Rate (YoY) 1.7%
Total Assets CN¥4.46 Billion
Market Capitalization $368.21 Million USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Great Shengda Packaging Co Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Zhejiang Great Shengda Packaging Co Ltd's assets grew by 1.7% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Zhejiang Great Shengda Packaging Co Ltd (2014–2024)

The table below shows the annual total assets of Zhejiang Great Shengda Packaging Co Ltd from 2014 to 2024.

Year Total Assets Change
2024-12-31 CN¥4.46 Billion +1.73%
2023-12-31 CN¥4.39 Billion +27.41%
2022-12-31 CN¥3.44 Billion +18.65%
2021-12-31 CN¥2.90 Billion +0.72%
2020-12-31 CN¥2.88 Billion +34.16%
2019-12-31 CN¥2.15 Billion +9.03%
2018-12-31 CN¥1.97 Billion +29.93%
2017-12-31 CN¥1.52 Billion +27.83%
2016-12-31 CN¥1.19 Billion +5.39%
2015-12-31 CN¥1.13 Billion +5.93%
2014-12-31 CN¥1.06 Billion --