Mudanjiang Hengfeng Paper Co (SHSE:600356) Total Assets: ¥4,494 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600356 Mudanjiang Hengfeng Paper Co Ltd SHSE:600356
74 GF Score
Price ¥8.10
GF Value ¥8.37
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Mudanjiang Hengfeng Paper Co Total Assets?

Mudanjiang Hengfeng Paper Co SHSE:600356 +0.75% 74 Total Assets is ¥4,494 Mil as of Mar. 2026. GuruFocus rates SHSE:600356 with a GF Score™ of 74/100 and a GF Value™ of ¥8.37 (Fairly Valued). The stock has 5 warning signs investors should review.

Mudanjiang Hengfeng Paper Co's Total Assets for the quarter that ended in Mar. 2026 was ¥4,494 Mil.

During the past 12 months, Mudanjiang Hengfeng Paper Co's average Total Assets Growth Rate was 16.20% per year. During the past 3 years, the average Total Assets Growth Rate was 5.10% per year. During the past 5 years, the average Total Assets Growth Rate was 3.90% per year. During the past 10 years, the average Total Assets Growth Rate was 3.50% per year.

During the past 13 years, Mudanjiang Hengfeng Paper Co's highest 3-Year average Total Assets Growth Rate was 32.10%. The lowest was -2.50%. And the median was 5.45%.

Total Assets is connected with ROA %. Mudanjiang Hengfeng Paper Co's annualized ROA % for the quarter that ended in Mar. 2026 was 5.48%. Total Assets is also linked to Revenue through Asset Turnover. Mudanjiang Hengfeng Paper Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.17.


Mudanjiang Hengfeng Paper Co  (SHSE:600356) Total Assets Explanation

Total Assets is connected with ROA %.

Mudanjiang Hengfeng Paper Co's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=227.6/( (3809.764+4493.52)/ 2 )
=227.6/4151.642
=5.48 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Mudanjiang Hengfeng Paper Co's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=688.619/( (3809.764+4493.52)/ 2 )
=688.619/4151.642
=0.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Mudanjiang Hengfeng Paper Co Total Assets Related Terms


Mudanjiang Hengfeng Paper Co Total Assets Historical Data

* Premium members only.

The historical data trend for Mudanjiang Hengfeng Paper Co's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mudanjiang Hengfeng Paper Co Total Assets Chart

Mudanjiang Hengfeng Paper Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,941.96 3,059.66 3,167.04 3,472.62 3,809.76

Mudanjiang Hengfeng Paper Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,566.91 3,663.25 3,699.42 3,809.76 4,493.52
SHSE:600356
74GF Score
Mudanjiang Hengfeng Paper Co Ltd SHSE:600356
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mudanjiang Hengfeng Paper Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Mudanjiang Hengfeng Paper Co's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=2811.081+998.684
=3,810

Mudanjiang Hengfeng Paper Co's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=3160.36+1333.16
=4,494

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ¥4,494 Mil mean?
Mudanjiang Hengfeng Paper Co (SHSE:600356) has a Total Assets of ¥4,494 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Mudanjiang Hengfeng Paper Co and its competitors.
Is Mudanjiang Hengfeng Paper Co's Total Assets too high?
Mudanjiang Hengfeng Paper Co's current Total Assets is ¥4,494 Mil. Overall, Mudanjiang Hengfeng Paper Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mudanjiang Hengfeng Paper Co's Total Assets compare to competitors?
Mudanjiang Hengfeng Paper Co's Total Assets of ¥4,494 Mil can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Forest Products company?
A good Total Assets depends on the Forest Products industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Mudanjiang Hengfeng Paper Co and its competitors. Mudanjiang Hengfeng Paper Co's current Total Assets is ¥4,494 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mudanjiang Hengfeng Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Mudanjiang Hengfeng Paper Co (SHSE:600356) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.37, compared to a current price of ¥8.10 — trading 3.2% below its estimated fair value. The current Total Assets is ¥4,494 Mil. Mudanjiang Hengfeng Paper Co's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Mudanjiang Hengfeng Paper Co (SHSE:600356), the current Total Assets is ¥4,494 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mudanjiang Hengfeng Paper Co (SHSE:600356) Overvalued in 2026?

Based on GuruFocus' analysis, Mudanjiang Hengfeng Paper Co stock appears to be undervalued. The current stock price of ¥8.10 is trading 3.2% below its estimated GF Value™ of ¥8.37. GuruFocus considers Mudanjiang Hengfeng Paper Co to be Fairly Valued.

Key valuation signals for SHSE:600356:

  • Total Assets: ¥4,494 Mil
  • GF Value™: ¥8.37 vs. price of ¥8.10 (3.2% below fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mudanjiang Hengfeng Paper Co Business Description

Address No. 11 Hengfeng Road, Yangming District, Heilongjiang Province, Mudanjiang, CHN, 157013
Mudanjiang Hengfeng Paper Co Ltd manufactures cigarette-related papers in China. Its main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper and over a hundred types of industrial specialty paper.
74GF Score

Get the complete analysis for SHSE:600356

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥8.10
Price
¥8.37
GF Value