Seacon Shipping Group Holdings Limited
Seacon Shipping Group Holdings Limited, an investment holding company, provides integrated shipping services in the People's Republic of China. It operates through two segments, Shipping Business and Ship Management Business. The company offers shipping services through controlled vessels and chartered-in vessels; dry bulk carriers; and oil and chemical tankers. It also provides ship management s… Read more
Seacon Shipping Group Holdings Limited (K2N) - Net Assets
Latest net assets as of June 2025: €252.09 Million EUR
Based on the latest financial reports, Seacon Shipping Group Holdings Limited (K2N) has net assets worth €252.09 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€772.47 Million) and total liabilities (€520.38 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €252.09 Million |
| % of Total Assets | 32.63% |
| Annual Growth Rate | 65.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 32.8 |
Seacon Shipping Group Holdings Limited - Net Assets Trend (2021–2024)
This chart illustrates how Seacon Shipping Group Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Seacon Shipping Group Holdings Limited (2021–2024)
The table below shows the annual net assets of Seacon Shipping Group Holdings Limited from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €231.38 Million | +33.18% |
| 2023-12-31 | €173.73 Million | +59.37% |
| 2022-12-31 | €109.01 Million | +112.05% |
| 2021-12-31 | €51.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seacon Shipping Group Holdings Limited'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 349.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €169.51 Million | 75.14% |
| Other Components | €56.09 Million | 24.86% |
| Total Equity | €225.60 Million | 100.00% |
Seacon Shipping Group Holdings Limited Competitors by Market Cap
The table below lists competitors of Seacon Shipping Group Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARYZTA AG
OTCGREY:ARZTF
|
$53.13 Million |
|
GAMEVIL Inc
KQ:063080
|
$53.14 Million |
|
Armac Locacao Logistica
SA:ARML3
|
$53.14 Million |
|
Prosafe SE
OL:PRS
|
$53.14 Million |
|
Canadian Gold Corp.
F:8S8
|
$53.11 Million |
|
RENERGEN LTD CDI/1:1
F:996
|
$53.11 Million |
|
Forth Smart Service Public Company Limited
BK:FSMART
|
$53.11 Million |
|
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS
IS:VAKKO
|
$53.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seacon Shipping Group Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 172,332,000 to 225,600,000, a change of 53,268,000 (30.9%).
- Net income of 70,340,000 contributed positively to equity growth.
- Dividend payments of 17,009,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €70.34 Million | +31.18% |
| Dividends Paid | €17.01 Million | -7.54% |
| Other Changes | €-63.00K | -0.03% |
| Total Change | €- | 30.91% |
Book Value vs Market Value Analysis
This analysis compares Seacon Shipping Group Holdings Limited'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: 0.92x
- 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.
- The price-to-book ratio has decreased from 4.37x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.09 | €0.41 | x |
| 2022-12-31 | €0.21 | €0.41 | x |
| 2023-12-31 | €0.34 | €0.41 | x |
| 2024-12-31 | €0.45 | €0.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seacon Shipping Group Holdings Limited 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): 31.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.93%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.65x
- Recent ROE (31.18%) is below the historical average (42.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 71.04% | 9.02% | 1.62x | 4.87x | €28.89 Million |
| 2022 | 54.79% | 15.96% | 1.25x | 2.75x | €46.86 Million |
| 2023 | 12.31% | 8.19% | 0.53x | 2.86x | €3.98 Million |
| 2024 | 31.18% | 24.93% | 0.47x | 2.65x | €47.78 Million |
Industry Comparison
This section compares Seacon Shipping Group Holdings Limited's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $128,830,546,442
- Average return on equity (ROE) among peers: 4.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seacon Shipping Group Holdings Limited (K2N) | €252.09 Million | 71.04% | 2.06x | $53.12 Million |
| Ardmore Shipping Corporation (A61) | $232.36 Million | -1.65% | 0.54x | $463.52 Million |
| Chu Kong Shipping Enterprises (Group) Company Limited (CKW) | $3.55 Billion | 1.24% | 0.32x | $26.03 Million |
| EUROKAI GmbH & Co. KGaA (EUK3) | $425.13 Million | 9.68% | 0.58x | $807.53 Million |
| Hamburger Hafen und Logistik Aktiengesellschaft (HHFA) | $546.74 Million | 10.77% | 2.27x | $105.16 Million |
| Hapag Lloyd AG (HLAG) | $3.42 Billion | -0.84% | 0.93x | $1.00 Billion |
| Kawasaki Kisen Kaisha Ltd (KLI1) | $467.44 Billion | 5.74% | 1.62x | $5.22 Billion |
| Mitsui O.S.K. Lines Ltd (MILA) | $683.62 Billion | 0.77% | 2.24x | $9.05 Billion |
| SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft (NEP) | $165.85 Million | 4.28% | 0.90x | $30.73 Million |
| Singapore Shipping Corporation Limited (W1M) | $71.24 Million | 13.46% | 1.54x | $34.09 Million |