Qinhuangdao Port Co Ltd (QHD) - Net Assets

Latest as of December 2025: €21.41 Billion EUR ≈ $25.03 Billion USD

Based on the latest financial reports, Qinhuangdao Port Co Ltd (QHD) has net assets worth €21.41 Billion EUR (≈ $25.03 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 (€27.79 Billion ≈ $32.49 Billion USD) and total liabilities (€6.38 Billion ≈ $7.46 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. Explore Qinhuangdao Port Co Ltd (QHD) cash flow conversion to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€21.41 Billion
% of Total Assets	77.03%
Annual Growth Rate	4.21%
5-Year Change	26.59%
10-Year Change	69.01%
Growth Volatility	4.48

Qinhuangdao Port Co Ltd - Net Assets Trend (2013–2025)

This chart illustrates how Qinhuangdao Port Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Qinhuangdao Port Co Ltd to see how much of total assets are deployed in long-term investments.

Annual Net Assets for Qinhuangdao Port Co Ltd (2013–2025)

The table below shows the annual net assets of Qinhuangdao Port Co Ltd from 2013 to 2025. For live valuation and market cap data, see QHD stock market capitalisation.

Year	Net Assets	Change
2025-12-31	€21.41 Billion ≈ $25.03 Billion	+5.60%
2024-12-31	€20.27 Billion ≈ $23.70 Billion	+4.64%
2023-12-31	€19.37 Billion ≈ $22.65 Billion	+6.29%
2022-12-31	€18.23 Billion ≈ $21.31 Billion	+7.78%
2021-12-31	€16.91 Billion ≈ $19.77 Billion	+5.03%
2020-12-31	€16.10 Billion ≈ $18.82 Billion	+3.28%
2019-12-31	€15.59 Billion ≈ $18.22 Billion	+4.00%
2018-12-31	€14.99 Billion ≈ $17.52 Billion	+2.87%
2017-12-31	€14.57 Billion ≈ $17.03 Billion	+15.04%
2016-12-31	€12.67 Billion ≈ $14.81 Billion	-2.88%
2015-12-31	€13.04 Billion ≈ $15.25 Billion	-2.81%
2014-12-31	€13.42 Billion ≈ $15.69 Billion	+2.83%
2013-12-31	€13.05 Billion ≈ $15.26 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Qinhuangdao Port 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 207.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€7.10 Billion	34.76%
Other Components	€13.33 Billion	65.24%
Total Equity	€20.43 Billion	100.00%

Qinhuangdao Port Co Ltd Competitors by Market Cap

The table below lists competitors of Qinhuangdao Port Co Ltd ranked by their market capitalization.

Company	Market Cap
Grupo Casas Bahia S.A. SA:BHIA3	$254.20 Million
Sarawak Plantation Bhd KLSE:5135	$254.30 Million
Tumosan Motor ve Traktor Sanayi AS IS:TMSN	$254.35 Million
Leadtek Research Inc TW:2465	$254.54 Million
Platinum Asia Investments Ltd AU:PAI	$254.09 Million
Tigaraksa Satria Tbk JK:TGKA	$254.03 Million
Zona Franca de Iquique S.A SN:ZOFRI	$254.00 Million
Jetwell Computer Co Ltd TWO:3147	$253.94 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Qinhuangdao Port Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 19,329,265,694 to 20,431,082,675, a change of 1,101,816,980 (5.7%).
Net income of 1,606,251,548 contributed positively to equity growth.
Dividend payments of 590,418,845 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€1.61 Billion	+7.86%
Dividends Paid	€590.42 Million	-2.89%
Other Changes	€85.98 Million	+0.42%
Total Change	€-	5.70%

Book Value vs Market Value Analysis

This analysis compares Qinhuangdao Port 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: 0.07x
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	€2.40	€0.26	x
2018-12-31	€2.49	€0.26	x
2019-12-31	€2.61	€0.26	x
2020-12-31	€2.72	€0.26	x
2021-12-31	€2.87	€0.26	x
2022-12-31	€3.10	€0.26	x
2023-12-31	€3.30	€0.26	x
2024-12-31	€3.46	€0.26	x
2025-12-31	€3.66	€0.26	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Qinhuangdao Port 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): 7.86%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 22.99%
• Asset Turnover: 0.25x
• Equity Multiplier: 1.36x
Recent ROE (7.86%) is below the historical average (8.45%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	14.85%	24.54%	0.25x	2.46x	€576.15 Million
2014	16.18%	27.41%	0.26x	2.30x	€756.07 Million
2015	11.38%	19.51%	0.25x	2.30x	€162.89 Million
2016	3.19%	7.43%	0.19x	2.30x	€-778.64 Million
2017	7.18%	13.69%	0.27x	1.92x	€-377.56 Million
2018	5.83%	11.78%	0.26x	1.87x	€-579.23 Million
2019	6.37%	13.85%	0.26x	1.74x	€-529.80 Million
2020	6.54%	15.41%	0.25x	1.72x	€-526.49 Million
2021	6.47%	15.75%	0.24x	1.73x	€-567.14 Million
2022	7.55%	18.91%	0.25x	1.61x	€-423.74 Million
2023	8.31%	21.70%	0.25x	1.52x	€-311.15 Million
2024	8.10%	22.79%	0.25x	1.44x	€-368.03 Million
2025	7.86%	22.99%	0.25x	1.36x	€-436.86 Million

Industry Comparison

This section compares Qinhuangdao Port Co Ltd's net assets metrics with peer companies in the Marine Shipping industry.

Industry Context

Industry: Marine Shipping
Average net assets among peers: $14,709,539,061
Average return on equity (ROE) among peers: 9.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Qinhuangdao Port Co Ltd (QHD)	€21.41 Billion	14.85%	0.30x	$254.19 Million
2020 Bulkers Ltd. (0FF)	$155.90 Million	20.46%	1.44x	$7.80 Million
EURODRY LTD. DL -01 (0LQ)	$78.92 Million	39.47%	1.04x	$52.61 Million
Qingdao Port International Co. Ltd (0QP)	$46.79 Billion	11.19%	0.34x	$982.93 Million
ZIM Integrated Shipping Services Ltd. (2SV)	$4.03 Billion	11.90%	1.73x	$2.63 Billion
HAV GROUP ASA (6HH)	$152.48 Million	49.65%	2.86x	$41.65 Million
MERCANTILE PORTS+LOGI.LTD (9KS0)	$73.63 Million	-28.82%	0.72x	$178.16K
Ardmore Shipping Corporation (A61)	$320.33 Million	-1.89%	1.35x	$651.21 Million
BW LPG Limited (BW9)	$1.25 Billion	19.48%	0.93x	$2.25 Billion
COSCO SHIPPING Holdings Co. Ltd (C6G)	$37.55 Billion	-26.38%	2.19x	$5.18 Billion
A.P.MOELL-M.B U.ADR 1/200 (DP4H)	$56.70 Billion	4.81%	0.56x	$11.30 Billion

About Qinhuangdao Port Co Ltd

F:QHD Germany Marine Shipping

Market Cap

$254.19 Million

€217.42 Million EUR

Market Cap Rank

#15723 Global

#1511 in Germany

Share Price

€0.26

Change (1 day)

+5.65%

52-Week Range

€0.22 - €0.34

All Time High

€0.34