Shanghai M&G Stationery Inc

SHG:603899 China Business Equipment & Supplies
Market Cap
$3.26 Billion
CN¥23.95 Billion CNY
Market Cap Rank
#6714 Global
#1057 in China
Share Price
CN¥26.01
Change (1 day)
+0.00%
52-Week Range
CN¥25.90 - CN¥35.07
All Time High
CN¥95.14
About

Shanghai M&G Stationery Inc. provides writing tools, student and office stationery, and other related products in China and internationally. The company offers student stationery comprising erasers; pencil sharpener; sliding eraser pen; aluminum alloy and colored soft ruler; aluminum alloy and plastic ruler set; geometry set squares; sharpeners; and metal and aluminum alloy compass set. It also p… Read more

Shanghai M&G Stationery Inc (603899) - Total Assets

Latest total assets as of September 2025: CN¥16.62 Billion CNY

Based on the latest financial reports, Shanghai M&G Stationery Inc (603899) holds total assets worth CN¥16.62 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 M&G Stationery Inc - Total Assets Trend (2011–2024)

This chart illustrates how Shanghai M&G Stationery Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Shanghai M&G Stationery Inc - Asset Composition Analysis

Current Asset Composition (December 2024)

Shanghai M&G Stationery Inc's total assets of CN¥16.62 Billion consist of 81.7% current assets and 18.3% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 29.9%
Accounts Receivable CN¥4.14 Billion 25.0%
Inventory CN¥1.55 Billion 9.3%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥432.07 Million 2.6%
Goodwill CN¥63.53 Million 0.4%

Asset Composition Trend (2011–2024)

This chart illustrates how Shanghai M&G Stationery Inc'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 M&G Stationery Inc's current assets represent 81.7% of total assets in 2024, an increase from 56.1% in 2011.
  • Cash Position: Cash and equivalents constituted 29.9% of total assets in 2024, up from 9.5% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 7.0% in 2011.
  • Asset Diversification: The largest asset category is accounts receivable at 25.0% of total assets.

Shanghai M&G Stationery Inc Competitors by Total Assets

Key competitors of Shanghai M&G Stationery Inc based on total assets are shown below.

Shanghai M&G Stationery Inc - 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: 1.29 - 1.54

Strong asset utilization - Shanghai M&G Stationery Inc generates 1.46x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 8.42% - 14.56%

Solid ROA - For every $100 in assets, Shanghai M&G Stationery Inc generates $8.42 in net profit.

Shanghai M&G Stationery Inc - 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 2.02 2.10 1.74
Quick Ratio 1.80 1.86 1.42
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥6.80 Billion CN¥ 6.50 Billion CN¥ 3.08 Billion

Shanghai M&G Stationery Inc - Advanced Valuation Insights

This section examines the relationship between Shanghai M&G Stationery Inc'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 2.76
Latest Market Cap to Assets Ratio 0.07
Asset Growth Rate (YoY) 8.3%
Total Assets CN¥16.59 Billion
Market Capitalization $1.17 Billion USD

Valuation Analysis

Below Book Valuation: The market values Shanghai M&G Stationery Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Shanghai M&G Stationery Inc's assets grew by 8.3% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Shanghai M&G Stationery Inc (2011–2024)

The table below shows the annual total assets of Shanghai M&G Stationery Inc from 2011 to 2024.

Year Total Assets Change
2024-12-31 CN¥16.59 Billion +8.31%
2023-12-31 CN¥15.31 Billion +17.60%
2022-12-31 CN¥13.02 Billion +13.99%
2021-12-31 CN¥11.42 Billion +17.66%
2020-12-31 CN¥9.71 Billion +28.35%
2019-12-31 CN¥7.57 Billion +33.25%
2018-12-31 CN¥5.68 Billion +29.38%
2017-12-31 CN¥4.39 Billion +28.05%
2016-12-31 CN¥3.43 Billion +18.08%
2015-12-31 CN¥2.90 Billion +65.68%
2014-12-31 CN¥1.75 Billion +34.97%
2013-12-31 CN¥1.30 Billion +37.05%
2012-12-31 CN¥946.96 Million +22.98%
2011-12-31 CN¥770.04 Million --