The Great Eastern Shipping Company Limited (GESHIP) - Net Assets
Based on the latest financial reports, The Great Eastern Shipping Company Limited (GESHIP) has net assets worth Rs152.25 Billion INR (≈ $1.65 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs177.43 Billion ≈ $1.92 Billion USD) and total liabilities (Rs25.18 Billion ≈ $272.35 Million 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 The Great Eastern Shipping Company Limit (GESHIP) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs152.25 Billion |
| % of Total Assets | 85.81% |
| Annual Growth Rate | 9.82% |
| 5-Year Change | 85.07% |
| 10-Year Change | 117.25% |
| Growth Volatility | 11.94 |
The Great Eastern Shipping Company Limited - Net Assets Trend (2005–2025)
This chart illustrates how The Great Eastern Shipping Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore The Great Eastern Shipping Company Limit (GESHIP) total assets for the complete picture of this company's asset base.
Annual Net Assets for The Great Eastern Shipping Company Limited (2005–2025)
The table below shows the annual net assets of The Great Eastern Shipping Company Limited from 2005 to 2025. For live valuation and market cap data, see The Great Eastern Shipping Company Limit market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs142.59 Billion ≈ $1.54 Billion |
+15.02% |
| 2024-03-31 | Rs123.97 Billion ≈ $1.34 Billion |
+20.65% |
| 2023-03-31 | Rs102.75 Billion ≈ $1.11 Billion |
+27.62% |
| 2022-03-31 | Rs80.51 Billion ≈ $870.72 Million |
+4.50% |
| 2021-03-31 | Rs77.05 Billion ≈ $833.24 Million |
+13.38% |
| 2020-03-31 | Rs67.96 Billion ≈ $734.92 Million |
-0.21% |
| 2019-03-31 | Rs68.10 Billion ≈ $736.44 Million |
-1.70% |
| 2018-03-31 | Rs69.28 Billion ≈ $749.21 Million |
-4.09% |
| 2017-03-31 | Rs72.23 Billion ≈ $781.18 Million |
+10.05% |
| 2016-03-31 | Rs65.63 Billion ≈ $709.82 Million |
-11.67% |
| 2015-03-31 | Rs74.31 Billion ≈ $803.59 Million |
+9.71% |
| 2014-03-31 | Rs67.73 Billion ≈ $732.46 Million |
+6.80% |
| 2013-03-31 | Rs63.42 Billion ≈ $685.84 Million |
+5.04% |
| 2012-03-31 | Rs60.37 Billion ≈ $652.90 Million |
-0.51% |
| 2011-03-31 | Rs60.68 Billion ≈ $656.26 Million |
+6.28% |
| 2010-03-31 | Rs57.10 Billion ≈ $617.49 Million |
+9.13% |
| 2009-03-31 | Rs52.32 Billion ≈ $565.83 Million |
+20.79% |
| 2008-03-31 | Rs43.32 Billion ≈ $468.45 Million |
+38.57% |
| 2007-03-31 | Rs31.26 Billion ≈ $338.06 Million |
+29.08% |
| 2006-03-31 | Rs24.22 Billion ≈ $261.90 Million |
+10.66% |
| 2005-03-31 | Rs21.88 Billion ≈ $236.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to The Great Eastern Shipping Company 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 7813730000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs78.14 Billion | 54.80% |
| Common Stock | Rs1.43 Billion | 1.00% |
| Other Comprehensive Income | Rs62.28 Billion | 43.68% |
| Other Components | Rs747.60 Million | 0.52% |
| Total Equity | Rs142.59 Billion | 100.00% |
The Great Eastern Shipping Company Limited Competitors by Market Cap
The table below lists competitors of The Great Eastern Shipping Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Daily Media Group Co Ltd
SHG:600633
|
$2.43 Billion |
|
Qinhuangdao Port Co Ltd
SHG:601326
|
$2.44 Billion |
|
Treasury Wine Estates Limited
F:T7W
|
$2.44 Billion |
|
Shaanxi International Trust Co Ltd
SHE:000563
|
$2.44 Billion |
|
Stx Heavy Indu
KO:071970
|
$2.43 Billion |
|
Netskope, Inc. Class A Common Stock
NASDAQ:NTSK
|
$2.43 Billion |
|
Greencore Group plc
F:GCG
|
$2.43 Billion |
|
KANSAI PAINT SPON.ADR/1/2
F:KAP0
|
$2.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Great Eastern Shipping Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 123,974,500,000 to 142,591,600,000, a change of 18,617,100,000 (15.0%).
- Net income of 23,442,600,000 contributed positively to equity growth.
- Dividend payments of 5,011,100,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,432,900,000.
- Other factors decreased equity by 3,247,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs23.44 Billion | +16.44% |
| Dividends Paid | Rs5.01 Billion | -3.51% |
| Other Comprehensive Income | Rs3.43 Billion | +2.41% |
| Other Changes | Rs-3.25 Billion | -2.28% |
| Total Change | Rs- | 15.02% |
Book Value vs Market Value Analysis
This analysis compares The Great Eastern Shipping Company 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: 1.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.98x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs143.62 | Rs1576.80 | x |
| 2006-03-31 | Rs158.95 | Rs1576.80 | x |
| 2007-03-31 | Rs205.29 | Rs1576.80 | x |
| 2008-03-31 | Rs282.13 | Rs1576.80 | x |
| 2009-03-31 | Rs342.88 | Rs1576.80 | x |
| 2010-03-31 | Rs374.13 | Rs1576.80 | x |
| 2011-03-31 | Rs395.15 | Rs1576.80 | x |
| 2012-03-31 | Rs392.96 | Rs1576.80 | x |
| 2013-03-31 | Rs415.54 | Rs1576.80 | x |
| 2014-03-31 | Rs445.98 | Rs1576.80 | x |
| 2015-03-31 | Rs491.86 | Rs1576.80 | x |
| 2016-03-31 | Rs434.46 | Rs1576.80 | x |
| 2017-03-31 | Rs478.16 | Rs1576.80 | x |
| 2018-03-31 | Rs459.47 | Rs1576.80 | x |
| 2019-03-31 | Rs450.78 | Rs1576.80 | x |
| 2020-03-31 | Rs456.39 | Rs1576.80 | x |
| 2021-03-31 | Rs523.21 | Rs1576.80 | x |
| 2022-03-31 | Rs548.66 | Rs1576.80 | x |
| 2023-03-31 | Rs718.28 | Rs1576.80 | x |
| 2024-03-31 | Rs866.60 | Rs1576.80 | x |
| 2025-03-31 | Rs996.75 | Rs1576.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Great Eastern Shipping Company 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): 16.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.04%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.24x
- Recent ROE (16.44%) is above the historical average (15.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 38.32% | 38.85% | 0.46x | 2.14x | Rs6.19 Billion |
| 2006 | 35.17% | 35.73% | 0.51x | 1.92x | Rs6.09 Billion |
| 2007 | 29.20% | 39.65% | 0.40x | 1.83x | Rs6.00 Billion |
| 2008 | 33.55% | 40.20% | 0.48x | 1.75x | Rs10.20 Billion |
| 2009 | 26.91% | 34.13% | 0.39x | 2.03x | Rs8.84 Billion |
| 2010 | 8.98% | 16.67% | 0.26x | 2.08x | Rs-582.17 Million |
| 2011 | 7.77% | 18.13% | 0.20x | 2.10x | Rs-1.34 Billion |
| 2012 | 5.28% | 10.71% | 0.22x | 2.28x | Rs-2.83 Billion |
| 2013 | 8.48% | 17.89% | 0.21x | 2.28x | Rs-964.16 Million |
| 2014 | 8.47% | 18.56% | 0.22x | 2.12x | Rs-1.03 Billion |
| 2015 | 10.07% | 21.76% | 0.22x | 2.09x | Rs51.78 Million |
| 2016 | 16.71% | 28.81% | 0.27x | 2.12x | Rs4.41 Billion |
| 2017 | 10.45% | 24.22% | 0.20x | 2.13x | Rs326.27 Million |
| 2018 | -3.04% | -6.93% | 0.21x | 2.12x | Rs-9.03 Billion |
| 2019 | -0.31% | -0.60% | 0.25x | 2.11x | Rs-7.02 Billion |
| 2020 | 3.05% | 5.62% | 0.27x | 2.04x | Rs-4.72 Billion |
| 2021 | 11.92% | 27.53% | 0.24x | 1.84x | Rs1.48 Billion |
| 2022 | 7.82% | 18.14% | 0.25x | 1.73x | Rs-1.75 Billion |
| 2023 | 25.06% | 45.25% | 0.37x | 1.48x | Rs15.47 Billion |
| 2024 | 21.09% | 49.74% | 0.31x | 1.36x | Rs13.74 Billion |
| 2025 | 16.44% | 44.04% | 0.30x | 1.24x | Rs9.18 Billion |
Industry Comparison
This section compares The Great Eastern Shipping Company Limited's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $106,636,201,667
- Average return on equity (ROE) among peers: 6.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Great Eastern Shipping Company Limited (GESHIP) | Rs152.25 Billion | 38.32% | 0.17x | $2.43 Billion |
| Adani Ports and Special Economic Zone Limited (ADANIPORTS) | $469.17 Billion | 11.32% | 1.45x | $41.29 Billion |
| Essar Shipping Limited (ESSARSHPNG) | $54.96 Billion | 0.67% | 1.19x | $60.30 Million |
| Gujarat Pipavav Port Limited (GPPL) | $20.02 Billion | 13.40% | 0.23x | $815.86 Million |
| JSW Infrastructure Limited (JSWINFRA) | $28.05 Billion | 9.54% | 0.87x | $6.13 Billion |
| Shipping Corporation Of India Limited (SCI) | $63.40 Billion | -4.33% | 1.56x | $1.53 Billion |
| Transworld Shipping Lines Limited (TRANSWORLD) | $4.22 Billion | 10.49% | 0.66x | $39.16 Million |
About The Great Eastern Shipping Company Limited
The Great Eastern Shipping Company Limited, through its subsidiaries, engages in the shipping and offshore businesses in India and internationally. The company is involved in the transportation of crude oil, petroleum products, and gas and dry bulk commodities. It operates a fleet of 41 vessels comprising 27 tankers, including 5 crude carriers, 17 product carriers, and 5 LPG carriers; and 14 dry … Read more