COSCO SHIPPING Energy Transportation Co. Ltd (HIFH) - Net Assets
Based on the latest financial reports, COSCO SHIPPING Energy Transportation Co. Ltd (HIFH) has net assets worth €39.80 Billion EUR (≈ $46.54 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 (€84.41 Billion ≈ $98.68 Billion USD) and total liabilities (€44.60 Billion ≈ $52.14 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 COSCO SHIPPING Energy Transportation Co. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €39.80 Billion |
| % of Total Assets | 47.16% |
| Annual Growth Rate | 5.25% |
| 5-Year Change | 9.5% |
| 10-Year Change | 19.7% |
| Growth Volatility | 15.88 |
COSCO SHIPPING Energy Transportation Co. Ltd - Net Assets Trend (2013–2024)
This chart illustrates how COSCO SHIPPING Energy Transportation Co. Ltd's net assets have evolved over time, based on quarterly financial data. See HIFH defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for COSCO SHIPPING Energy Transportation Co. Ltd (2013–2024)
The table below shows the annual net assets of COSCO SHIPPING Energy Transportation Co. Ltd from 2013 to 2024. For live valuation and market cap data, see COSCO SHIPPING Energy Transportation Co. (HIFH) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €38.99 Billion ≈ $45.58 Billion |
+5.07% |
| 2023-12-31 | €37.10 Billion ≈ $43.38 Billion |
+10.52% |
| 2022-12-31 | €33.57 Billion ≈ $39.25 Billion |
+12.19% |
| 2021-12-31 | €29.92 Billion ≈ $34.98 Billion |
-15.95% |
| 2020-12-31 | €35.60 Billion ≈ $41.62 Billion |
+22.06% |
| 2019-12-31 | €29.17 Billion ≈ $34.10 Billion |
-0.36% |
| 2018-12-31 | €29.27 Billion ≈ $34.22 Billion |
+3.57% |
| 2017-12-31 | €28.26 Billion ≈ $33.04 Billion |
+3.06% |
| 2016-12-31 | €27.42 Billion ≈ $32.06 Billion |
-15.80% |
| 2015-12-31 | €32.57 Billion ≈ $38.08 Billion |
+43.81% |
| 2014-12-31 | €22.65 Billion ≈ $26.48 Billion |
+1.96% |
| 2013-12-31 | €22.21 Billion ≈ $25.97 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to COSCO SHIPPING Energy Transportation 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 10.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €15.11 Billion | 42.12% |
| Other Components | €20.76 Billion | 57.88% |
| Total Equity | €35.87 Billion | 100.00% |
COSCO SHIPPING Energy Transportation Co. Ltd Competitors by Market Cap
The table below lists competitors of COSCO SHIPPING Energy Transportation Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OPT Machine Vision Tech Co. Ltd. A
SHG:688686
|
$2.68 Billion |
|
Worthington Industries Inc
NYSE:WOR
|
$2.68 Billion |
|
momo.com Inc
TW:8454
|
$2.68 Billion |
|
Air France-KLM SA
PA:AF
|
$2.68 Billion |
|
FIBI Holdings Ltd
TA:FIBIH
|
$2.68 Billion |
|
International Petroleum Corp
TO:IPCO
|
$2.68 Billion |
|
Dialog Group Bhd
KLSE:7277
|
$2.68 Billion |
|
State Grid Information&Communication Co Ltd
SHG:600131
|
$2.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COSCO SHIPPING Energy Transportation Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,391,504,000 to 35,866,909,000, a change of 1,475,405,000 (4.3%).
- Net income of 4,038,089,000 contributed positively to equity growth.
- Dividend payments of 2,719,343,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.04 Billion | +11.26% |
| Dividends Paid | €2.72 Billion | -7.58% |
| Other Changes | €156.66 Million | +0.44% |
| Total Change | €- | 4.29% |
Book Value vs Market Value Analysis
This analysis compares COSCO SHIPPING Energy Transportation 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: 0.24x
- 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 | €6.92 | €1.77 | x |
| 2018-12-31 | €6.99 | €1.77 | x |
| 2019-12-31 | €6.98 | €1.77 | x |
| 2020-12-31 | €7.27 | €1.77 | x |
| 2021-12-31 | €6.00 | €1.77 | x |
| 2022-12-31 | €6.62 | €1.77 | x |
| 2023-12-31 | €7.21 | €1.77 | x |
| 2024-12-31 | €7.52 | €1.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COSCO SHIPPING Energy Transportation 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): 11.26%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.46%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.26x
- Recent ROE (11.26%) is above the historical average (2.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -10.83% | -20.18% | 0.19x | 2.77x | €-4.42 Billion |
| 2014 | 1.42% | 2.52% | 0.19x | 3.01x | €-1.87 Billion |
| 2015 | 3.64% | 6.56% | 0.21x | 2.70x | €-2.02 Billion |
| 2016 | 7.01% | 14.78% | 0.22x | 2.12x | €-818.80 Million |
| 2017 | 6.33% | 18.10% | 0.16x | 2.16x | €-1.03 Billion |
| 2018 | 0.37% | 0.86% | 0.19x | 2.25x | €-2.71 Billion |
| 2019 | 1.53% | 3.11% | 0.21x | 2.34x | €-2.38 Billion |
| 2020 | 6.85% | 14.48% | 0.25x | 1.91x | €-1.09 Billion |
| 2021 | -17.40% | -39.18% | 0.21x | 2.08x | €-7.83 Billion |
| 2022 | 4.63% | 7.87% | 0.27x | 2.16x | €-1.70 Billion |
| 2023 | 9.83% | 14.98% | 0.31x | 2.10x | €-59.95 Million |
| 2024 | 11.26% | 17.46% | 0.29x | 2.26x | €451.40 Million |
Industry Comparison
This section compares COSCO SHIPPING Energy Transportation Co. Ltd's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $1,268,514,389
- Average return on equity (ROE) among peers: -3.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COSCO SHIPPING Energy Transportation Co. Ltd (HIFH) | €39.80 Billion | -10.83% | 1.12x | $2.68 Billion |
| FLEX LNG Ltd (0QQA) | $806.63 Million | 14.59% | 2.31x | $1.26 Billion |
| NAVIGATOR HLDGS LTD (1NV) | $1.25 Billion | 6.87% | 0.75x | $1.20 Billion |
| BROOGE ENERGY DL-0001 (3SF) | $56.77 Million | -85.14% | 7.56x | $243.29 Million |
| HENGYANG PETROCHEM (5HY.SG) (5HY) | $552.92 Million | -4.26% | 0.00x | $14.27 Million |
| Nordic American Tankers Limited (B3O) | $538.30 Million | 18.34% | 0.63x | $1.04 Billion |
| Golar LNG Limited (G2O) | $2.60 Billion | -1.80% | 0.57x | $3.88 Billion |
| FRONTLINE PLC DL 1 (HF6) | $1.64 Billion | -0.91% | 1.50x | $7.11 Billion |
| Scorpio Tankers Inc. (S0QA) | $2.55 Billion | 21.42% | 0.66x | $3.59 Billion |
| Tsakos Energy Navigation Limited (TK41) | $1.42 Billion | 3.94% | 1.31x | $1.11 Billion |
About COSCO SHIPPING Energy Transportation Co. Ltd
COSCO SHIPPING Energy Transportation Co., Ltd., an investment holding company, engages in the transportation of oil and liquefied natural gas (LNG) in People's Republic of China and internationally. It also engages in the chartering of vessels; shipment of liquefied petroleum gas; and provision of shipping agency services. As of December 31, 2024, the company owned 159 oil tankers with a total ca… Read more