CSSC Offshore & Marine Engineering (Group) Co Ltd (GSZ) - Net Assets
Based on the latest financial reports, CSSC Offshore & Marine Engineering (Group) Co Ltd (GSZ) has net assets worth €21.11 Billion EUR (≈ $24.69 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€56.31 Billion ≈ $65.84 Billion USD) and total liabilities (€35.20 Billion ≈ $41.15 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 asset resilience ratio of CSSC Offshore & Marine Engineering (Grou to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €21.11 Billion |
| % of Total Assets | 37.5% |
| Annual Growth Rate | 16.55% |
| 5-Year Change | 20.62% |
| 10-Year Change | 104.18% |
| Growth Volatility | 32.87 |
CSSC Offshore & Marine Engineering (Group) Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how CSSC Offshore & Marine Engineering (Group) Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore CSSC Offshore & Marine Engineering (Grou balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for CSSC Offshore & Marine Engineering (Group) Co Ltd (2013–2024)
The table below shows the annual net assets of CSSC Offshore & Marine Engineering (Group) Co Ltd from 2013 to 2024. For live valuation and market cap data, see CSSC Offshore & Marine Engineering (Grou stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €21.17 Billion ≈ $24.75 Billion |
+7.97% |
| 2023-12-31 | €19.61 Billion ≈ $22.92 Billion |
+4.57% |
| 2022-12-31 | €18.75 Billion ≈ $21.92 Billion |
+0.43% |
| 2021-12-31 | €18.67 Billion ≈ $21.83 Billion |
+6.38% |
| 2020-12-31 | €17.55 Billion ≈ $20.52 Billion |
+12.89% |
| 2019-12-31 | €15.55 Billion ≈ $18.18 Billion |
+8.30% |
| 2018-12-31 | €14.36 Billion ≈ $16.78 Billion |
+20.18% |
| 2017-12-31 | €11.95 Billion ≈ $13.97 Billion |
+14.75% |
| 2016-12-31 | €10.41 Billion ≈ $12.17 Billion |
+0.41% |
| 2015-12-31 | €10.37 Billion ≈ $12.12 Billion |
+19.07% |
| 2014-12-31 | €8.71 Billion ≈ $10.18 Billion |
+121.68% |
| 2013-12-31 | €3.93 Billion ≈ $4.59 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to CSSC Offshore & Marine Engineering (Group) Co 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 128.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.59 Billion | 14.54% |
| Other Components | €15.23 Billion | 85.46% |
| Total Equity | €17.82 Billion | 100.00% |
CSSC Offshore & Marine Engineering (Group) Co Ltd Competitors by Market Cap
The table below lists competitors of CSSC Offshore & Marine Engineering (Group) Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LG Chem Ltd
KO:051915
|
$1.00 Billion |
|
Certara Inc
NASDAQ:CERT
|
$1.00 Billion |
|
Compass Minerals International Inc
NYSE:CMP
|
$1.00 Billion |
|
Hyundai Development Co
KO:294870
|
$1.00 Billion |
|
Summit
TA:SMT
|
$1.00 Billion |
|
Bata India Limited
NSE:BATAINDIA
|
$1.00 Billion |
|
Anhui Huaheng Biotechnology Co. Ltd. A
SHG:688639
|
$1.00 Billion |
|
Altri SGPS SA
LS:ALTR
|
$1.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CSSC Offshore & Marine Engineering (Group) Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,417,569,535 to 17,824,706,201, a change of 1,407,136,666 (8.6%).
- Net income of 377,262,684 contributed positively to equity growth.
- Dividend payments of 137,307,608 reduced retained earnings.
- Other factors increased equity by 1,167,181,589.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €377.26 Million | +2.12% |
| Dividends Paid | €137.31 Million | -0.77% |
| Other Changes | €1.17 Billion | +6.55% |
| Total Change | €- | 8.57% |
Book Value vs Market Value Analysis
This analysis compares CSSC Offshore & Marine Engineering (Group) Co 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: 0.11x
- 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 | €7.37 | €1.45 | x |
| 2018-12-31 | €6.88 | €1.45 | x |
| 2019-12-31 | €7.18 | €1.45 | x |
| 2020-12-31 | €10.21 | €1.45 | x |
| 2021-12-31 | €10.98 | €1.45 | x |
| 2022-12-31 | €11.03 | €1.45 | x |
| 2023-12-31 | €11.61 | €1.45 | x |
| 2024-12-31 | €12.61 | €1.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CSSC Offshore & Marine Engineering (Group) Co 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): 2.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.94%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 3.01x
- Recent ROE (2.12%) is above the historical average (1.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -5.59% | -3.74% | 0.27x | 5.51x | €-609.52 Million |
| 2014 | 4.89% | 2.01% | 0.48x | 5.05x | €-442.52 Million |
| 2015 | 0.95% | 0.39% | 0.52x | 4.75x | €-933.48 Million |
| 2016 | 0.69% | 0.31% | 0.50x | 4.47x | €-963.56 Million |
| 2017 | 0.84% | 0.39% | 0.51x | 4.24x | €-953.66 Million |
| 2018 | -19.21% | -9.73% | 0.40x | 4.88x | €-2.84 Billion |
| 2019 | 5.40% | 2.51% | 0.42x | 5.15x | €-466.51 Million |
| 2020 | 25.38% | 31.55% | 0.30x | 2.70x | €2.22 Billion |
| 2021 | 0.51% | 0.68% | 0.26x | 2.85x | €-1.47 Billion |
| 2022 | 4.42% | 5.38% | 0.28x | 2.98x | €-870.41 Million |
| 2023 | 0.29% | 0.30% | 0.32x | 3.10x | €-1.59 Billion |
| 2024 | 2.12% | 1.94% | 0.36x | 3.01x | €-1.41 Billion |
Industry Comparison
This section compares CSSC Offshore & Marine Engineering (Group) Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $12,348,507,583
- Average return on equity (ROE) among peers: 1.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CSSC Offshore & Marine Engineering (Group) Co Ltd (GSZ) | €21.11 Billion | -5.59% | 1.67x | $1.00 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 | $2.69 Billion |
| Yangzijiang Shipbuilding (Holdings) Ltd (B8O) | $32.26 Billion | 26.78% | 0.81x | $10.48 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 | $458.83 Million |
| LEONARDO ADR 1/2/EO 440 (FMN) | $6.46 Billion | 9.08% | 3.40x | $33.03 Billion |
| Hensoldt AG (HAG) | $346.80 Million | -18.80% | 7.50x | $9.67 Billion |
About CSSC Offshore & Marine Engineering (Group) Co Ltd
CSSC Offshore & Marine Engineering (Group) Company Limited manufactures and sells marine and defense equipment in the People's Republic of China, other regions in Asia, Europe, Oceania, North America, South America, and Africa. It offers marine defense, transportation, development, and technology application equipment. The company also provides defense equipment products, such as military ships, … Read more