Yangzijiang Shipbuilding (Holdings) Ltd (B8O) - Net Assets
Based on the latest financial reports, Yangzijiang Shipbuilding (Holdings) Ltd (B8O) has net assets worth €32.26 Billion EUR (≈ $37.71 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€58.33 Billion ≈ $68.20 Billion USD) and total liabilities (€26.08 Billion ≈ $30.49 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check B8O financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €32.26 Billion |
| % of Total Assets | 55.3% |
| Annual Growth Rate | 4.85% |
| 5-Year Change | -10.55% |
| 10-Year Change | 39.05% |
| Growth Volatility | 18.76 |
Yangzijiang Shipbuilding (Holdings) Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Yangzijiang Shipbuilding (Holdings) Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Yangzijiang Shipbuilding (Holdings) Ltd for the complete picture of this company's asset base.
Annual Net Assets for Yangzijiang Shipbuilding (Holdings) Ltd (2013–2025)
The table below shows the annual net assets of Yangzijiang Shipbuilding (Holdings) Ltd from 2013 to 2025. For live valuation and market cap data, see market value of Yangzijiang Shipbuilding (Holdings) Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €32.26 Billion ≈ $37.71 Billion |
+22.29% |
| 2024-12-31 | €26.38 Billion ≈ $30.84 Billion |
+24.76% |
| 2023-12-31 | €21.14 Billion ≈ $24.72 Billion |
+19.42% |
| 2022-12-31 | €17.70 Billion ≈ $20.70 Billion |
-50.90% |
| 2021-12-31 | €36.06 Billion ≈ $42.16 Billion |
+8.04% |
| 2020-12-31 | €33.38 Billion ≈ $39.02 Billion |
+4.12% |
| 2019-12-31 | €32.05 Billion ≈ $37.48 Billion |
+8.36% |
| 2018-12-31 | €29.58 Billion ≈ $34.58 Billion |
+11.55% |
| 2017-12-31 | €26.52 Billion ≈ $31.00 Billion |
+14.30% |
| 2016-12-31 | €23.20 Billion ≈ $27.12 Billion |
+3.76% |
| 2015-12-31 | €22.36 Billion ≈ $26.14 Billion |
+6.09% |
| 2014-12-31 | €21.08 Billion ≈ $24.64 Billion |
+15.34% |
| 2013-12-31 | €18.27 Billion ≈ $21.36 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Yangzijiang Shipbuilding (Holdings) Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 62.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €23.33 Billion | 72.57% |
| Other Components | €8.82 Billion | 27.43% |
| Total Equity | €32.14 Billion | 100.00% |
Yangzijiang Shipbuilding (Holdings) Ltd Competitors by Market Cap
The table below lists competitors of Yangzijiang Shipbuilding (Holdings) Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trade Desk Inc
NASDAQ:TTD
|
$10.49 Billion |
|
Ipsen SA
PA:IPN
|
$10.50 Billion |
|
Aramark Holdings
NYSE:ARMK
|
$10.51 Billion |
|
Skanska AB (publ)
ST:SKA-B
|
$10.51 Billion |
|
Texas Roadhouse Inc
NASDAQ:TXRH
|
$10.47 Billion |
|
Itaúsa - Investimentos Itaú SA
SA:ITSA3
|
$10.46 Billion |
|
Max Healthcare Institute Limited
NSE:MAXHEALTH
|
$10.45 Billion |
|
Equatorial Energia S.A
SA:EQTL3
|
$10.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yangzijiang Shipbuilding (Holdings) Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,277,952,000 to 32,141,914,000, a change of 5,863,962,000 (22.3%).
- Net income of 8,637,076,000 contributed positively to equity growth.
- Dividend payments of 2,607,832,000 reduced retained earnings.
- Share repurchases of 158,213,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €8.64 Billion | +26.87% |
| Dividends Paid | €2.61 Billion | -8.11% |
| Share Repurchases | €158.21 Million | -0.49% |
| Other Changes | €-7.07 Million | -0.02% |
| Total Change | €- | 22.32% |
Book Value vs Market Value Analysis
This analysis compares Yangzijiang Shipbuilding (Holdings) Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.35x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €6.52 | €2.86 | x |
| 2018-12-31 | €7.32 | €2.86 | x |
| 2019-12-31 | €7.94 | €2.86 | x |
| 2020-12-31 | €8.40 | €2.86 | x |
| 2021-12-31 | €9.16 | €2.86 | x |
| 2022-12-31 | €4.45 | €2.86 | x |
| 2023-12-31 | €5.30 | €2.86 | x |
| 2024-12-31 | €6.65 | €2.86 | x |
| 2025-12-31 | €8.17 | €2.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yangzijiang Shipbuilding (Holdings) Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 26.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.30%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.81x
- Recent ROE (26.87%) is above the historical average (14.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 17.39% | 21.59% | 0.33x | 2.43x | €1.32 Billion |
| 2014 | 17.01% | 22.68% | 0.38x | 1.99x | €1.44 Billion |
| 2015 | 11.28% | 15.36% | 0.39x | 1.89x | €279.66 Million |
| 2016 | 7.72% | 11.61% | 0.37x | 1.82x | €-516.76 Million |
| 2017 | 11.33% | 15.26% | 0.44x | 1.68x | €343.03 Million |
| 2018 | 12.51% | 15.55% | 0.52x | 1.56x | €726.08 Million |
| 2019 | 9.99% | 13.16% | 0.52x | 1.47x | €-4.49 Million |
| 2020 | 7.78% | 16.96% | 0.33x | 1.39x | €-717.83 Million |
| 2021 | 10.30% | 22.06% | 0.32x | 1.44x | €106.29 Million |
| 2022 | 15.98% | 13.56% | 0.63x | 1.88x | €1.05 Billion |
| 2023 | 19.59% | 17.01% | 0.59x | 1.95x | €2.01 Billion |
| 2024 | 25.24% | 24.99% | 0.49x | 2.08x | €4.01 Billion |
| 2025 | 26.87% | 30.30% | 0.49x | 1.81x | €5.42 Billion |
Industry Comparison
This section compares Yangzijiang Shipbuilding (Holdings) Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $10,942,864,886
- Average return on equity (ROE) among peers: -1.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yangzijiang Shipbuilding (Holdings) Ltd (B8O) | €32.26 Billion | 17.39% | 0.81x | $10.48 Billion |
| CREOTECH INS.S.A. ZY -10 (5OB) | $91.37 Million | -15.70% | 0.89x | $407.03 Million |
| Airbus SE (AIRA) | $5.99 Billion | -22.74% | 18.10x | $133.51 Billion |
| AviChina Industry & Technology Company Limited (AVT) | $21.81 Billion | 3.27% | 1.34x | $2.64 Billion |
| BAE SYSTEMS ADR/4 LS-025 (BSPA) | $10.72 Billion | 17.32% | 1.99x | $76.97 Billion |
| Embraer S.A (EMY) | $4.18 Billion | 5.90% | 1.85x | $10.07 Billion |
| COSCO SHIPPING Development Co. Ltd. (EZ5) | $29.28 Billion | 4.81% | 3.30x | $468.50 Million |
| LEONARDO ADR 1/2/EO 440 (FMN) | $6.46 Billion | 9.08% | 3.40x | $33.03 Billion |
| CSSC Offshore & Marine Engineering (Group) Co Ltd (GSZ) | $19.61 Billion | 0.25% | 1.59x | $1.00 Billion |
| Hensoldt AG (HAG) | $346.80 Million | -18.80% | 7.50x | $9.67 Billion |
About Yangzijiang Shipbuilding (Holdings) Ltd
Yangzijiang Shipbuilding (Holdings) Ltd., an investment holding company, engages in the shipbuilding activities in the Greater China, Canada, Japan, Italy, Greece, Germany, Bulgaria, United Kingdom, Singapore, and internationally. It operates through Shipbuilding, Shipping, and Others segments. The company offers commercial vessels, such as containerships, oil tankers, bulk carriers, LNG vessels,… Read more